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Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...
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This Week's Earnings Repertoire
Tuesday, January 12, 2021 - 12:08pm | 1035This week's earnings will be useful in assessing major market movements as uncertainties of the U.S. election are finally starting to fade away. Monday California-based SYNNEX Corporation's (NYSE: SNX) earnings are expected to decline to $2.89 per share, down from $4.26 per share reported...
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XPeng Analysts Lift Price Targets On China EV Market Fundamentals, Software Biz
Monday, November 16, 2020 - 6:04pm | 470Xpeng Inc – ADR (NYSE: XPEV) reported last week strong quarterly results, sending its shares rallying by about 33.5% in a single session. The XPeng Analyst: Citigroup analyst Jeff Chung maintained a Buy rating on Xpeng shares and increased the price target from $34.70 to $57.71. JPMorgan...
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Benzinga's Bulls And Bears Of The Week: Apple, Disney, Tesla And More
Saturday, November 14, 2020 - 11:27am | 1203Benzinga has examined the prospects for many investor favorite stocks over the past week. The bullish calls this past week included top bank and aerospace stocks. Electric vehicle makers and hotels were featured among the week's bearish calls. Waning uncertainty about the outcome of the...
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Fintech Focus For October 9, 2020
Thursday, October 8, 2020 - 7:04pm | 2287Quote Of The Day: The only person you are destined to become is the person you decide to be. - Ralph Waldo Emerson Fintech Movers: Electronic trading giant Citadel Securities will bolster its already huge presence at the New York Stock Exchange by buying the NYSE market-making business of smaller...
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Fintech Focus For October 1, 2020
Wednesday, September 30, 2020 - 7:01pm | 2198Quote Of The Day: Wars are poor chisels for carving out peaceful tomorrows. - Martin Luther King, Jr. Fintech Movers: Insurtech has emerged as a major draw for VC investment, with the space attracting more than $6B in funding last year. - CB Insights Iownit intros a DLT for private markets. How...
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Next Round Of Banks Could Benefit From Strong Trading Volume, While Other Parts Suffer
Tuesday, July 14, 2020 - 10:45am | 2536Key Takeaways: Investors might closely watch how much banks put aside for possible credit defaults Heavy trading volume could help Q2 earnings for some banks, including MS Investors will be listening closely for executives’ latest economic outlooks If the financial sector is one of the best...
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Nothing to Write Home About: Despite Mostly Beating Expectations, Bank Results Off Sharply
Tuesday, July 14, 2020 - 10:30am | 2834Key Takeaways: Earnings week kicks off with JP Morgan Chase, Wells Fargo, and Citigroup reporting Concerns about an increase in coronavirus cases keep investors on shaky ground Market uncertainty still looms but broader markets above key support levels (Tuesday Market Open) After weeks of...
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'Head Above Water': Stock Market Update For The Week Ahead
Sunday, July 12, 2020 - 4:50pm | 1993The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...
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JPMorgan To Stop Financing Fossil Fuel Projects In The Arctic
Tuesday, February 25, 2020 - 6:11am | 433JPMorgan Chase & Co. (NYSE: JPM) will stop giving out direct loans for fossil fuel extraction projects in the Arctic, the company announced Monday. What Happened The New York-based banking giant would also stop giving out loans to companies who make the majority of their revenues from coal, the...
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5 Reasons To Invest In Spirit Airlines Stock
Thursday, January 16, 2020 - 4:35pm | 328Investors in Spirit Airlines Incorporated (NYSE: SAVE) are awaiting fourth-quarter results from the airline in early February. Ahead of the earnings report, here's a look at a few top reasons two analysts are bullish on the stock: Although the company is sizable, it still has a lot of...
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Analysts Upbeat After Nvidia's CES Presentations: 'Must-Own Stock For Technology Investors'
Monday, January 13, 2020 - 3:15pm | 489Even as Needham remains cautious on NVIDIA Corporation (NASDAQ: NVDA), some peers are upbeat about the prospects for the graphics chipmaker, especially after the Consumer Electronic Show. The Analysts Argus analyst Jim Kelleher reiterated a Buy rating on Nvidia and raised the price target from $240...
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Citi Downgrades Intercept, Says NASH Launch Is Appropriately Priced In
Thursday, January 2, 2020 - 1:40pm | 342Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT), which is considered the frontrunner in the race for a non-alcoholic steatohepatitis, or NASH, drug, are fairly valued at current levels, according to an analyst at Citigroup. The Analyst Joel Beatty downgraded Intercept from Buy to Neutral and...
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Uber, Lyft Stocks Struggle In Debut Year: What's In Store For 2020?
Friday, December 20, 2019 - 5:31pm | 520Uber Technologies Inc (NYSE: UBER) shares are down about 28% since the ride-hailing service's IPO, and Lyft Inc (NASDAQ: LYFT) shares are down about 39%. What's In Store For Uber In 2020? Multiple analysts are maintaining bullish ratings on Uber despite the stock's...
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Analysts: Galera Has Novel Pipeline For Radiation Oncology Market, Commercialization Remains Headwind
Monday, December 2, 2019 - 2:10pm | 467Galera Therapeutics Inc (NASDAQ: GRTX), a biopharma company working on novel therapeutics for transforming radiotherapy treatment in cancer, recently IPO'd, offering 5 million shares at $12 apiece. Following the expiry of the IPO quiet period, Citigroup analyst Yigal Nochomovitz initiated...