-
IBM Beats The Wall Street Forecasts
Wednesday, July 21, 2021 - 10:03am | 700The season of big tech's quarterly earnings report is kicking off. The financial results of the quarter ended on June 30th are ready to be shown to the investors, and International Business Machines Corporation (NYSE: IBM) is here to start us off. The company should be proud of its services and...
-
New JEDI Contract Bidding Coming Up
Friday, July 16, 2021 - 10:17am | 757After more than a year and a half since the so-called JEDI contract was awarded to Microsoft (NASDAQ: MSFT), Pentagon officials announced that they are canceling the massive cloud-computing deal. Although the Department of Defense representatives stated technical issues as the main reasons for the...
-
This Week's Market Recap: June 18, 2021
Friday, June 18, 2021 - 4:08pm | 797The market and the economy continue to open, which is probably a result of bottled-up demand for many products and services affected by the pandemic. Maybe the inflation or rising bond yields will trigger the selloff on the market at some moment, but the current Fed's transitory inflation...
-
Strong Results From IBM And Johnson & Johnson Not Enough As Covid Worries Rise
Tuesday, April 20, 2021 - 10:17am | 2728If stocks fall on back-to-back days for the first time this month, you can probably blame an old culprit: Covid. Yesterday was the biggest down day in a month, and it looks like the pullback is seeing a little follow-through, with stocks under pressure in pre-market trading despite solid earnings...
-
Monday's Market Minute: Three Major Focal Points to Observe
Monday, April 19, 2021 - 10:34am | 559We’ve got three major focal points; let’s take a market minute to get in front of what’s headed our way this week. First, in terms of companies reporting quarterly results, the attention is going to shift from big banks to companies like United Airlines (NYSE: UAL), Harley...
-
Fintech Focus For April 1, 2021
Wednesday, March 31, 2021 - 5:19pm | 1750Quote To Start The Day: International Business Machines Corp. expects 80% of its employees to work in a hybrid model after the pandemic, a setup that offers flexibility but also poses challenges for community-building and upward mobility for staff in a virtual workspace. The majority of workers...
-
Fintech Focus For March 26, 2021
Thursday, March 25, 2021 - 7:45pm | 1751Quote To Start The Day: A lot of issues you see in America are really manifestations of classism. Simple shifts in individual behavior could reduce the wealth gap we have today. Source: Philip Michael One Big Thing In Fintech: According to recent reporting, the consumer trading frenzy could be...
-
Earnings Palooza: 20% Of S&P 500 Reports This Week, Including Apple, Tesla
Monday, January 25, 2021 - 11:18am | 2684Can you say, “earnings?” This week is earnings, earnings, and more earnings. Wednesday brings the triple crown when Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Facebook, Inc. (NASDAQ: FB) all report after the close. Company reporting hits...
-
Intel, IBM Weigh On Broader Market As Investors Also Worry About Coronavirus
Friday, January 22, 2021 - 11:15am | 1828It’s been another record-breaking week on Wall Street, and now it seems that investors are taking a breather from a pretty strong rally. While there may be an element of profit-taking in this morning’s retreat, it also seems like investors and traders may be worried about the...
-
Fintech Focus For January 7, 2021
Wednesday, January 6, 2021 - 7:34pm | 1483Quote To Start The Day: Don’t try to beat the competitors at their own game. You have to invent a new game — and master it. Source: Reid Hoffman One Big Thing In Fintech: The COVID-19 crisis has put pressure on banks to improve their digital offering as lockdowns have forced customers...
-
Fintech Focus For December 31, 2020
Wednesday, December 30, 2020 - 7:48pm | 1939Quote To Start The Day: Celebrate endings—for they precede new beginnings. Source: Jonathan Huie One Big Thing In Fintech: In a recent outlook for North American and European fintech, Fitch Ratings acknowledged that the sector fundamentals should remain resilient next year, despite pandemic-...
-
Fintech Focus For December 22, 2020
Monday, December 21, 2020 - 7:40pm | 1383Quote To Start The Day: Try to be a rainbow in someone’s cloud. Source: Maya Angelou One Big Thing In Fintech: Instead of focusing on growth at all costs, fintech startups have been drawing a path to profitability. It doesn’t mean that they’ll have a positive bottom line at the...
-
Fintech Focus For December 16, 2020
Tuesday, December 15, 2020 - 6:59pm | 1992Quote To Start The Day: “When we’re talking about public markets — when you decide to go public — you go from one to two businesses. The business of whatever you’re in, let’s call it making widgets, and the business of being public.” Source: David Buzkin...
-
Meet The Backbone Of Many Major Finance Platforms, Institutions
Friday, December 4, 2020 - 10:00am | 982Benzinga, a leading news and data provider, will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on November 11, 2021. The event will award Benzinga Listmakers, those top companies part of Benzinga’s...
-
Fintech Focus For December 3, 2020
Wednesday, December 2, 2020 - 7:25pm | 1957Quote To Start The Day: Coming hard on the heels of the trade war, the Covid shock will intensify pressure for the diversification and localization of supply chains — just not yet. A year spent in emergency response mode is not a year when projects requiring detailed planning, significant...