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Fintech Focus For February 8, 2021
Sunday, February 7, 2021 - 8:25pm | 2192Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...
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How Hapbee Technology Is Tapping Into Mind Wellness With A Peloton-Like Model
Thursday, January 21, 2021 - 12:55pm | 399The coronavirus pandemic brought a renewed interest in personal wellness, with people were stuck at home during lockdowns and quarantines. Before, people often struggled to make time for exercise and activities to increase emotional wellness. Companies that provide products to...
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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...
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Nasdaq-100's Annual Reconstitution: Expedia and Citrix Out, Peloton and Marvell Technology In
Saturday, December 12, 2020 - 5:32pm | 445Nasdaq Inc (NASDAQ: NDAQ) has announced the annual reconstitution of its Nasdaq-100 Index. The changes will come into effect on Dec. 21, prior to the market's open. The Nasdaq-100 Index lists the 100 largest non-financial companies on the Nasdaq and is the basis of the...
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Interview: CEO Helaine Knapp Talks About CityRow's Passage Through Pandemic
Saturday, November 14, 2020 - 3:27pm | 1705Helaine Knapp was once a power player in the tech industry who, in her downtime, did virtually every type of fitness class there was. When an injury disrupted her normal routine, she discovered something new — rowing. The low impact/high intensity workout kept her in top...
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Benzinga's Bulls And Bears Of The Week: Apple, Toyota, Verizon And More
Saturday, November 7, 2020 - 11:38am | 1206Benzinga has examined the prospects for many investor favorite stocks over the past week. The bullish calls during election week included automakers and a top telecom. The iPhone maker and a top solar stock were among the week's bearish calls. Of course, the past week was all about the...
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Peloton CEO Says Apple Fitness+ Legitimizes Exercise Market
Thursday, September 17, 2020 - 2:06pm | 633Peloton Interactive Inc (NASDAQ: PTON) CEO John Foley was on CNBC Wednesday to discuss Apple’s (NASDAQ: AAPL) entry into the home fitness market. What Happened: Apple announced a subscription service, Apple Fitness+, at its annual September product event on Tuesday. Apple Watch users will be...
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Fintech Focus For September 16, 2020
Tuesday, September 15, 2020 - 6:46pm | 2102Quote Of The Day: There is little money to be made almost anywhere in the world. - Bill Gross Fintech Movers: Fintech is viewed as the “new normal” by 73 percent of Americans, according to the report, and 67 percent plan to continue managing most of their finances digitally after COVID...
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Strong Results From Oracle: Could It Help Tech Sector?
Friday, September 11, 2020 - 10:06am | 1534As the saying goes: If at first you don’t succeed, try, try again. It seems like the market is taking that to heart as early indications point to another start in the green. The question is whether the second attempt at continuing a tech-related bounce will hold after yesterday’s gains...
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GameStop Earnings Disappoint; Chewy, Peloton Open Books After Market Closes
Thursday, September 10, 2020 - 10:23am | 1854With little in the way of market-moving news overnight, U.S. investors appear to be assessing the recent selloff and bounce in tech-related companies. Stocks may be in consolidation mode, with investors waiting for a fresh catalyst to move the market one way or another. Overnight, the...
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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 4:51pm | 2051Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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Goldman Sachs Raises Peloton's Price Target Citing Unappreciated Gains
Thursday, August 27, 2020 - 1:55pm | 299Goldman Sachs has raised its price target on shares of Peloton Interactive (NASDAQ: PTON) citing “an acceleration and steepening of the adoption curve.” The Peloton Analyst: Heath Terry maintained a Buy on Peloton and raised the price target from $84 to $96. The Peloton Takeaways: Terry...
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Peloton Makes Its Fitness App Available On Apple TV After Pandemic Demand Surge
Wednesday, June 3, 2020 - 4:57am | 353Peloton Interactive Inc. (NASDAQ: PTON) has made its fitness app available on Apple Inc.'s (NASDAQ: AAPL) TV devices. What Happened The New York-based company provides video-on-demand fitness services through the app, in addition to selling at-home fitness equipment. Peloton has seen a surge in...
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Analysts Favor Peloton As Stay-At-Home Customers Take To Home Workouts
Wednesday, April 1, 2020 - 7:32am | 427Analysts believe that Peloton Interactive Inc. (NASDAQ: PTON) will continue to gain momentum as people turn to home workouts to maintain fitness during widely imposed stay-at-home orders. What Happened Peloton, which went public last year, sells home workout equipment bundled with a streaming...
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Thursday's Market Minute: IPO Earnings
Thursday, February 6, 2020 - 10:28am | 329Earnings season continues, and some more nascent companies are beginning to report: Peloton Interactive Inc. (NASDAQ: PTON) after the bell yesterday, Uber Technologies Inc (NYSE: UBER) and Pinterest Inc (NYSE: PINS) after the close today. 2019 was a lesson in disappointment for many...