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Fintech Focus For February 15, 2021
Monday, February 15, 2021 - 12:20am | 2274Quote To Start The Day: Do not confuse motion and progress. Source: Alfred A. Montapert One Big Thing In Fintech: More than 90M millennials will soon be in what Goldman Sachs calls their “prime spending years.” Millennials have overtaken the baby boomers to become the largest...
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Fintech Focus For February 3, 2021
Tuesday, February 2, 2021 - 8:18pm | 2714Quote To Start The Day: To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow. Source: Public.com One Big Thing In Fintech: An “anonymously” led startup called Millions has raised a $3 million seed round...
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Fintech Focus For January 8, 2021
Thursday, January 7, 2021 - 7:42pm | 1594Quote To Start The Day: Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a...
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Former Tesla Executive On Course To Make Electric Cars Cheaper
Sunday, August 30, 2020 - 5:36pm | 390What Happened: JB Straubel, Tesla Inc.’s (NASDAQ: TSLA) former Chief Technology Officer, has found a way to make electric cars cheaper by extracting batteries from old iPhones and other personal electronic items, The Wall Street Journal reported on Saturday. Why It’s Important: All...
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Fintech Focus For August 5, 2020
Thursday, August 6, 2020 - 10:26am | 1816Daily Perspective: The root of suffering is attachment. - Buddha Fintech Movers: The Bank of International Settlements's Innovation Hub is partnering with the Hong Kong Monetary Authority on a new tech-focused competition centered around the digitization of trade finance. - Block Market data...
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China-Made Tesla Model 3 Will Ditch Cobalt, Use CATL Batteries
Sunday, July 19, 2020 - 9:47am | 315Contemporary Amperex Technology (CATL) has confirmed they will be supplying Tesla Inc's (NASDAQ: TSLA) Gigafactory Shanghai with batteries for use in the Standard Range Plus Model 3, according to Chinese media. These Lithium Iron Phosphate batteries contain no cobalt, a first for Tesla, and...
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Tesla Could Buy Cheaper Cobalt-Free Batteries To Lower Production Costs: Report
Tuesday, February 18, 2020 - 12:56pm | 350High-flying shares of Tesla, Inc. (NASDAQ: TSLA) were gathering further momentum Tuesday. The company is looking to trim costs by negotiating a deal to procure low-cost batteries from Chinese battery maker Contemporary Amperex Technology Co. Limited, according to a Tuesday Reuters report....
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Go BATTy For This New Battery ETF
Thursday, June 7, 2018 - 1:41pm | 502Investors looking to tap into expected demand for materials used to manufacture batteries for electric vehicles, among other high-tech products, have a new exchange traded fund to consider. The Amplify Advanced Battery Metals and Materials ETF (NYSE: BATT) debuted Wednesday. BATT provides exposure...
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6 Cobalt Stocks To Watch Amid Reports Apple Is In The Market To Buy The Metal Directly
Wednesday, February 21, 2018 - 2:43pm | 465Apple Inc. (NASDAQ: AAPL) has a track record of cutting out the middleman and taking control of its supply chain, and Bloomberg reports that Apple is now in talks to buy cobalt directly from miners. Fears over a potential cobalt shortage driven by increasing battery demand from electric...