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Fintech Focus For December 9, 2020
Tuesday, December 8, 2020 - 6:34pm | 1990Read More...Quote To Start The Day: Webull, founded by Alibaba Group Holding Ltd. alum Wang Anquan, has increased its roster of brokerage clients by about tenfold this year, to more than 2 million, by offering free stock trades with a slick online interface. While that’s still a fraction of the more...
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Barclays Downgrades First Solar As Tariff Tailwinds Subside
Tuesday, December 1, 2020 - 12:10pm | 222Read More...First Solar, Inc. (NASDAQ: FSLR) was considered an election hedge that would benefit from a Trump win due to the potential for tariff extensions, according to Barclays, which said Tuesday that the potential has now faded. The First Solar Analyst: Moses Sutton downgraded First Solar from Equal...
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Pharma Sector Did Its Job With COVID-19 Vaccine: Barclays Analyst
Friday, November 20, 2020 - 4:54pm | 471Read More...The pharmaceutical industry has succeeded in doing its job in manufacturing multiple vaccines for the novel coronavirus, and it's "now in the hands" of government authorities to manage the distribution, Emily Field, head of European pharmaceutical research at Barclays, Emily...
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Barclays Upgrades Baidu On 'Substantial Upside'
Wednesday, November 4, 2020 - 12:13pm | 231Read More...Baidu Inc’s (NASDAQ: BIDU) online marketing services and artificial intelligence initiatives are reaching an inflection point, according to Barclays. The Baidu Analyst: Gregory Zhao upgraded Baidu from Equal Weight to Overweight and raised the price target from $140 to $170. The Baidu Thesis...
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Why Barclays Is Turning Bullish On 4 Retailers
Wednesday, October 7, 2020 - 4:04pm | 714Read More...For the first time in more than 10 years, Barclays analysts turned positive on the retail industry and said a bullish stance on four retailers is now warranted. The Retail Analyst: Adrienne Yih upgraded the following retailers: American Eagle Outfitters Inc (NYSE: AEO): upgraded from Equal Weight...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 7:50pm | 2542Read More...Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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Fintech Focus For September 18, 2020
Thursday, September 17, 2020 - 9:57pm | 2110Read More...Good morning! If you're new to the Fintech Focus, you can subscribe here! Quote Of The Day: You can do everything right and still fail. - Will Eastman Fintech Movers: Banking giant UBS is skeptical that Bitcoin is a safe-haven asset, according to a report issued on September 9 by its Swiss...
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Fintech Focus For September 17, 2020
Wednesday, September 16, 2020 - 6:17pm | 2478Read More...Quote Of The Day: It is hard to fail but it is worse never to have tried to succeed. - Theodore Roosevelt Fintech Movers: The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up. - Finextra What’s the outlook for crypto brokerages....
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Tortoise Acquisition Corp II SPAC Begins Trading
Friday, September 11, 2020 - 2:24pm | 352Read More...The team behind the successful Tortoise Acquisition Corp (NYSE: SHLL) brought its second SPAC to the public markets Friday. The IPO: Tortoise Acquisition Corp II (NYSE: SNPR) began trading Friday. The company is offering 30 million shares, up from the 25 million in its initial...
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Fintech Focus For August 31, 2020
Sunday, August 30, 2020 - 10:33pm | 2934Read More...Quote Of The Day: Life is a succession of lessons which must be lived to be understood. - Ralph Waldo Emerson Fintech Movers: Banks have something most technologists don’t have enough of: Banks have domain expertise. Technologists tend to discount the exchange value of domain knowledge. And...
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'Window Into The Mind': How Helios Separates Tone From Voice In Earnings Calls
Wednesday, August 26, 2020 - 9:10am | 679Read More...Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space...
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Barclays Drops Bearish Wayfair Rating, Sees 'Little Reason' For Stock Multiple Contraction
Thursday, August 6, 2020 - 2:21pm | 377Read More...The bearish case for online furniture company Wayfair Inc (NYSE: W) can no longer be justified after Wednesday's earnings report showed the COVID-19 pandemic spurred "extraordinary demand" that wouldn't have otherwise existed, according to Barclays. The Wayfair Analyst: Adrienne...
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Teva's Litigation Risks Weigh Against Stabilizing Fundamentals, Analyst Says
Thursday, August 6, 2020 - 1:22pm | 304Read More...Teva Pharmaceutical Industries Ltd (NYSE: TEVA) reported strong quarterly results, prompting an analyst at Barclays to upgrade the stock. The Teva Analyst: Balaji Prasad upgraded Teva from Underweight to Equal-Weight and increased the price target from $10 to $13. The Teva Thesis: Teva...
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Pfizer Analysts See 'Surprisingly Strong' Vaccine Updates In Q2, Question Biopharma's Blockbuster Potential
Wednesday, July 29, 2020 - 11:30am | 1009Read More...Pfizer Inc. (NYSE: PFE) reported forecast-beating second-quarter results Tuesday and raised its full-year guidance. The beat-and-raise quarter — and an update on its coronavirus vaccine program — sent the biopharma's shares higher by 3.94%. The Pfizer Analysts: BofA Securities...
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Snap Sells Off As Losses Grow, But These Analysts Would Buy The Dip
Wednesday, July 22, 2020 - 11:25am | 705Read More...Snap Inc (NYSE: SNAP) shares traded lower by 8% on Wednesday after the company reported a $326 million net loss in the second quarter, up from a $255 million loss a year ago. Snap reported a 9-cent EPS loss on the quarter, in-line with consensus analyst estimates. Revenue of $454 million exceeded...
