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Fintech Focus For April 22, 2021
Wednesday, April 21, 2021 - 8:13pm | 2370Quote To Start The Day: Big Brother is watching you. Source: George Orwell One Big Thing In Fintech: Apart from supporting firms like Apple Inc, Alphabet Inc, and Microsoft Corporation, from their earliest stages, Nasdaq offers numerous other products and services, all of which increase market...
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BMO Steps To The Sidelines On FuboTV Following Big Run
Wednesday, December 23, 2020 - 7:59pm | 303The bullish case for live TV streaming platform FuboTV Inc (NYSE: FUBO) has come to an end at BMO Capital Markets although it's based on valuation reasons rather than an incrementally negative view. The Analyst: Daniel Salmon downgraded FuboTV's stock from Outperform to Market...
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Fintech Focus For November 13, 2020
Thursday, November 12, 2020 - 7:51pm | 1822Quote Of The Day: The purpose of our lives is to be happy. - Dalai Lama Fintech Movers: Sandboxes offered by various federal and private banks, regulators, and large-scale organizations reflect the changing environment of bringing innovation to the table through collaboration. - MEDICI NYCE...
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Fintech Focus For November 9, 2020
Monday, November 9, 2020 - 1:47am | 2438Quote Of The Day: We don’t see things as they are, we see them as we are. - Ana’s Nin Fintech Movers: Major finance players are using distributed ledger technology to reshape the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. - CB Insights...
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BMO Has A Sweeter Tooth For Hershey
Tuesday, September 29, 2020 - 11:42am | 306Hershey Co (NYSE: HSY) deserves credit for its vision and focus on brand investment, pricing, data analytics, and other initiatives that will position it to grow earnings in 2021, according to BMO. The Hershey Analyst: Kenneth Zaslow upgrades Hershey's stock to Outperform with a price target lifted...
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The Focal Point Of FedEx Earnings Strength Should Be Margins, Analysts Say
Wednesday, September 16, 2020 - 1:26pm | 416Analysts are out with reactions and price target changes after FedEx Corporation (NASDAQ: FDX) reported strong quarterly earnings. FedEx reported second-quarter earnings of $4.87 per share, which beat the analyst consensus estimate of $2.69. The company reported quarterly sales of $19.30 billion,...
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Wall Street Cultivates Even More Bullish Outlook For Deere
Monday, August 24, 2020 - 3:57pm | 708Agricultural machinery maker Deere & Company (NYSE: DE) reported fiscal third-quarter results that prompted some analysts to turn more positive on the stock. Deere reported earnings of $2.57 per share, which beat the analyst consensus estimate of $1.26. The company reported third-quarter...
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Fintech Focus For July 8, 2020
Wednesday, July 8, 2020 - 10:22am | 2122Daily Perspective: Capital markets are not free markets allocating resources in traditional ways. - Ray Dalio Fintech Movers: Nasdaq and the London Stock Exchange Group have both taken steps to grow the digital asset ecosystem as institutional interest increases. - Markets Media Iran cracks down...
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There's A New Trading Tool That Allows Traders To Trade Cannabis With Leverage
Wednesday, December 11, 2019 - 10:47am | 1460The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. U.S. traders looking to actively trade cannabis stocks have a new instrument to use in their trading toolkit. REX Shares, a...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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Big Growth Comes In Small Package For Coca-Cola
Monday, October 21, 2019 - 1:30pm | 549Coca Cola Co's (NYSE: KO) mini cans are delivering maxi results. Sell-side analysts praised the American soft drink icon for yet another strong quarter of organic growth — the eighth straight with growth of 5% or more — with smaller packaged items such as the mini cans showing...
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Oracle Shares Fall, Analysts Tepid After Shaky Q1 Print
Thursday, September 12, 2019 - 2:51pm | 516Shares of Oracle Corporation (NYSE: ORCL) dropped on Thursday after a lackluster first-quarter print that also kept sell-side analysts tepid on the stock. Quarterly sales came in at $9.21 billion, missing estimates by $72 million and guidance for the current quarter was below estimates. The company...
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Sell-Side: Short-Term Pain For Long-Term Gain With Palo Alto Networks
Thursday, September 5, 2019 - 1:00pm | 707Shares of Palo Alto Networks Inc (NYSE: PANW) continued to rebound with investors and sell-side analysts seeing long-term upside amid a shift to cloud security that outweighs weaker near-term guidance. The stock initially dropped after the fourth-quarter print despite results that beat Street...
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Wall Street Sees More Upside For Micron Following Earnings Pop
Wednesday, June 26, 2019 - 12:27pm | 668Micron Technology, Inc. (NASDAQ: MU) jumped 13% on Wednesday after the memory giant handily topped analyst expectations with big earnings and revenue beats on Tuesday. In addition to surprising to the upside, the report eased investor concerns about the impact of the U.S. blacklist of Huawei, which...
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Wall Street Sours On Dave & Buster's
Thursday, June 13, 2019 - 12:09pm | 537Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) shares were pummeled after reporting worse-than-expected first-quarter sales results on Tuesday that also saw the company cut its fiscal year 2019 guidance. Wells Fargo Downgrades Wells Fargo analyst Jon Tower lowered his rating from...