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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 10:16pm | 1927Read More...Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Xpeng Is Positioning Itself As Tech Leader Among China's 'Fab Four' EV Makers, Deutsche Bank Says
Monday, December 14, 2020 - 1:06pm | 429Read More...Xpeng Inc – ADR (NYSE: XPEV) shares, which retreated last week on the back of an equity offering, are moving to the upside following the initiation of coverage by Deutsche Bank. The Xpeng Analyst: Edison Yu initiated coverage of Xpeng's stock with a Buy rating and $58...
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'Liquidity Jumping': Stock Market Update For The Week Ahead
Sunday, December 13, 2020 - 6:35pm | 1495Read More...The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...
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Fintech Focus For December 8, 2020
Monday, December 7, 2020 - 6:39pm | 1600Read More...Quote To Start The Day: There’s challenges with blockchain to date because it doesn’t have the scale to provide attractive economics. Source: Daniel Springer One Big Thing In Fintech: The fintech space is becoming increasingly crowded (since fintech is eating the world) with over $20...
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Fintech Focus For November 19, 2020
Wednesday, November 18, 2020 - 7:42pm | 2481Read More...Quote Of The Day: The successful warrior is the average man, with laser-like focus. - Bruce Lee Fintech Movers: Big investors are backing online banks more than ever, betting that these upstarts' low overhead and nimble technology stacks will let them keep grabbing customers from traditional...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Read More...Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Fintech Focus For October 15, 2020
Wednesday, October 14, 2020 - 6:26pm | 2121Read More...Quote Of The Day: There needs to be a sweet spot between the brand and your community. - Danny Cortenraede Fintech Movers: [W]e think that over the next five years, Bitcoin presents a multi trillion dollar opportunity. - ARK Invest M1 Finance closes on $45M Series C round. Deutsche to introduce...
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Fintech Focus For October 13, 2020
Monday, October 12, 2020 - 5:57pm | 2271Read More...Quote Of The Day: We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus. - David Nabarro Fintech Movers: Hackers have stolen $22 million from users of the popular bitcoin wallet Electrum by enticing people to install fake software updates. -...
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DraftKings Analysts On Share Offering, Marketing Costs, Sports Betting Legalization
Monday, October 12, 2020 - 5:13pm | 433Read More...Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...
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Fintech Focus For September 23, 2020
Tuesday, September 22, 2020 - 5:39pm | 2196Read More...Quote Of The Day: Hope is a good breakfast, but it is a bad supper. - Francis Bacon Fintech Movers: Consumers continue to reject legacy banking bill-paying platforms, which are perceived as inefficient. In most cases, they prefer making payments directly to service providers. - BillGO One Finance...
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'Best-In-Class Powertrain Technology Affirmed': Analysts React To GM-Nikola Partnership
Wednesday, September 9, 2020 - 1:47pm | 695Read More...Shares of General Motors Company (NYSE: GM) and Nikola Corporation (NASDAQ: NKLA) rallied on Tuesday after GM announced it's taking a $2 billion stake in the hydrogen fuel cell electric truck maker. As part of the companies’ new partnership, GM will produce Nikola’s first Badger...
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Stitch Fix's Direct Buy Option Comes At The Right Time: Deutsche Bank
Wednesday, September 9, 2020 - 10:28am | 495Read More...Stitch Fix (NASDAQ: SFIX) shares were trading higher Wednesday after Deutsche Bank analysts took a bullish stance on the online clothing styling and delivery service, saying it's benefiting from coronavirus pandemic trends. The Stitch Fix Analyst: Deutsche Bank analyst Kunal Madhukar...
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Wall Street Loves Square's Cash App Growth
Wednesday, August 5, 2020 - 12:58pm | 553Read More...Square Inc (NYSE: SQ) gained 9% on Wednesday after the company reported huge jumps in Cash App customers and revenue. Square released its second-quarter earnings a day early on Tuesday after they were leaked after the market close. Square reported adjusted EPS of 18 cents on $1.9 billion in...
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Fintech Focus For July 31, 2020
Friday, July 31, 2020 - 9:18am | 2144Read More...Daily Perspective: Wisely, and slow. They stumble that run fast. - Shakespeare Fintech Movers: Differentiation within companies offering Banking as a Service product offerings will become increasingly important. - Forbes ZenBusiness acquires Joust. Cosaic expands with FactSet. PAAY logs growth...
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Deutsche Bank Downgrades GSX Techedu After 250% Rally
Monday, July 27, 2020 - 12:01pm | 269Read More...Although China’s education sector is gaining online momentum, shares of GSX Techedu Inc (NYSE: GSX) have had a bull run, according to Deutsche Bank. The GSX Techedu Analyst: Vitus Leung downgraded GSX Techedu from Buy to Hold and raised the price target from $50 to $90. The GSX Techedu...
