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Sharing A Ride To The Reopening: Uber, Lyft Earnings Could Offer Hints To Life Beyond The Pandemic
Tuesday, May 4, 2021 - 10:25am | 2464After racing into earnings season, stocks have basically treaded water the last two weeks. The S&P 500 Index (SPX) finished Monday less than 1% changed from mid-April when reporting season began. That’s despite an amazing Q1 earnings performance by S&P 500 companies so far,...
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Uber, Lyft Try To Lure Drivers With Incentives As Rider Demand Increases
Monday, May 3, 2021 - 11:44am | 1411The stock market has been doing some soul searching lately, and that’s particularly reflected in the stock prices of ride-hailing companies Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT). Investors seem to still be grappling with proper valuation between and among...
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Monday's Market Minute: Kicking Off May
Monday, May 3, 2021 - 10:27am | 450It’s a busy week to begin the month of May, let’s take a market minute to get ahead of what’s headed our way. First, we begin the week with the focus on the U.S. indices, commodities, and U.S. Treasuries, and how we still have yet to see any rejection of trends that have been in...
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Another Busy Earnings Week Includes Reports From Uber, Lyft, Pfizer And ConocoPhillips
Monday, May 3, 2021 - 10:16am | 1470There’s an old stock market staying that says to “sell in May and go away.” That’s because, historically, the strongest period for the market tends to be the stretch between November-April, with May-October lagging, according to The Stock Trader’s Almanac. ...
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Benzinga's Bulls And Bears Of The Week: Apple, GE, Microsoft, Tesla, Twitter And More
Sunday, May 2, 2021 - 7:28am | 1263Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included the iPhone maker, top airlines and a leading coffee purveyor. Social media and electric vehicle leaders were among the bearish calls seen during the week. The...
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Fintech Focus For April 27, 2021
Monday, April 26, 2021 - 6:19pm | 1655Quote To Start The Day: A warrior is a guy that goes, ‘I’m here again today. I’ll be here again tomorrow and the next day.’ It’s a person who puts no limit on what’s possible. Source: David Goggins One Big Thing In Fintech: JPMorgan Chase is preparing to offer...
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Benzinga's Bulls And Bears Of The Week: Comcast, Disney, Nike, Starbucks, Tesla And More
Saturday, March 20, 2021 - 10:03am | 1307Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included coffee, media and cybersecurity leaders. Electric vehicle, footwear and cable TV giants were among the bearish calls that were seen. It was another volatile week...
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Benzinga's Weekly Bulls And Bears: GameStop, Intel, Lyft, Tilray, Twitter And More
Saturday, February 13, 2021 - 1:48pm | 1341Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included a social media leader, a ride-sharing play and an unloved apparel stock. A semiconductor giant, a struggling retailer and a pot stock were among the bearish calls seen...
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After Getting A Lyft, Market Awaits Uber Earnings, Fed's Powell Later Today
Wednesday, February 10, 2021 - 10:39am | 2381We’re almost a month into earnings season and the hits just keep on coming. LYFT Inc (NASDAQ: LYFT), Twitter Inc (NYSE: TWTR), Coca-Cola Co (NYSE: KO), Under Armour Inc (NYSE: UAA), and Yelp Inc (NYSE: YELP) all joined the fun last night and this...
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Fintech Focus Roundup For February 6, 2021
Friday, February 5, 2021 - 5:37pm | 1508'This Is Not The Market Participant's Problem': Volatility Arbitrage Trader Talks GameStop, Market Microstructure, Regulation The dynamics that transpired in GameStop can be traced back to factors like Federal Reserve stabilization efforts and low rates, which incentivize risk taking...
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IPO News: Airbnb Finally Files To Go Public
Tuesday, November 17, 2020 - 12:51pm | 1032The previous year brought us some big news in the world of initial public offerings, like Uber Technologies Inc (NYSE: UBER), LYFT Inc (NASDAQ: LYFT), and Beyond Meat Inc (NASDAQ: BYND). Even though 2020 is drastically different than any other year in modern history due to...
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Benzinga Survey: Will Uber Or Lyft Stock Grow More By 2025?
Sunday, November 8, 2020 - 5:02pm | 419Every week, Benzinga conducts a sentiment survey to understand what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. As the world continues to manage the coronavirus pandemic, it’s worth calling into question the future...
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Fintech Focus For October 8, 2020
Wednesday, October 7, 2020 - 6:07pm | 2475Quote Of The Day: It is during our darkest moments that we must focus to see the light. - Aristotle Fintech Movers: [Bank of America] said it applied for 415 patents this year for innovations regarding money transfer, bill payments, ATM transaction pre-staging, check verification using augmented...
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Fintech Focus For October 6, 2020
Monday, October 5, 2020 - 6:55pm | 2010Quote Of The Day: Don’t be afraid of Covid. - President Trump Fintech Movers: From providing digital payment solutions in channeling electricity subsidies and social safety nets for workforces, to becoming an investment platform for government debt securities, fintech firms assist...
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Fintech Focus For September 30, 2020
Tuesday, September 29, 2020 - 9:05pm | 2989Quote Of The Day: The man with a new idea is a crank, until the idea succeeds. - Mark Twain Fintech Movers: Brian Armstrong, CEO of Coinbase, took a strong stance against employee-driven corporate activism over the weekend, explaining that, going forward, his company would be “mission...