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Mat Ishbia Buys Phoenix Suns: How The Purchase Could Take A Mortgage Rivalry To The NBA
Wednesday, December 21, 2022 - 5:37pm | 1151The sale of the Phoenix Suns of the NBA was announced Tuesday. The deal marked the largest deal in league history with the NBA team and WNBA’s Phoenix Mercury valued at $4 billion. Here’s a look at the sale and the potential new NBA rivalry it could be creating. What Happened: The...
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Rocket Mortgage Super Bowl Squares Sweepstakes Returns For A Big Third Year
Wednesday, January 12, 2022 - 1:01pm | 402Rocket Companies Inc-owned (NYSE: RKT) Rocket Mortgage, the nation's largest mortgage lender, is bringing back the Rocket Mortgage Super Bowl Squares Sweepstakes. For its third iteration, Super Bowl Squares participants will tune in Feb. 13 on NBC for Super Bowl LVI to have a shot at winning $...
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Forbes' Under 30 Summit Returns To Detroit, A Center For Creativity And Entrepreneurship
Friday, October 8, 2021 - 5:53pm | 653In February of 2019, Forbes first announced its flagship Under 30 Summit would move to Detroit. Two years later, nearly 10,000 of the most innovative minds, across industries like fintech, technology, investing, public policy, philanthropy, and more, will attend both online and in-person Oct....
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PGA Tour, Rocket Mortgage Look To Help Fuel Detroit's Recovery
Tuesday, September 28, 2021 - 4:12pm | 322The PGA Tour and Rocket Mortgage by Rocket Companies Inc (NYSE: RKT) have extended the title sponsorship for the Rocket Mortgage Classic through 2027. What Happened: The Rocket Mortgage Classic made history in 2019 as the first-ever PGA Tour event held in the city of Detroit. The...
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Gilbert Family Foundation Aims To Empower Detroit With Leadership Addition
Monday, September 27, 2021 - 8:34am | 399The Gilbert Family Foundation hired Darnell Adams as director of Detroit Community Initiatives, a role that oversees the organization’s Detroit-based community programming. What Happened: The development comes as The Gilbert Family Foundation, alongside Rocket Companies’ (NYSE: RKT)...
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UWM CEO Talks Reddit-Fueled Stock Volatility, Russell Inclusion
Friday, March 5, 2021 - 1:11pm | 610In light of the volatility impacting stocks in the mortgage space like Rocket Companies Inc (NYSE: RKT) and UWM Holdings Corporation (NYSE: UWMC), fueled in large part by commentaries on online forums like Reddit's WallStreetBets, Benzinga spoke with Mat Ishbia, CEO at United Wholesale...
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Fintech Focus For March 3, 2021
Tuesday, March 2, 2021 - 10:57pm | 2042Quote To Start The Day: Being an entrepreneur is an existential, not just a financial thing. Source: Nassim Nicholas Taleb One Big Thing In Fintech: The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a...
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Fintech Focus Roundup For January 30, 2021
Friday, January 29, 2021 - 8:12pm | 1497A Short Seller Joins Benzinga's 'Power Hour' To Talk GameStop. The Rest Is History. On Jan. 21, Citron Research's Andrew Left went live with Benzinga’s Luke Jacobi and Jason Raznick on the daily "Power Hour" show to discuss his opinion on GameStop Corporation. After...
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Rocket Mortgage Super Bowl Squares Sweepstakes Are Back And Bigger Than Ever
Thursday, January 7, 2021 - 12:30pm | 473In light of Super Bowl LV, Rocket Companies Inc (NYSE: RKT) is bringing back the Rocket Mortgage Super Bowl Squares Sweepstakes. During its second iteration, Super Bowl Squares participants will tune Feb. 7 on CBS, to have a shot at winning $50,000 after every scoring play. Additionally,...
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Fintech Focus Roundup For November 14, 2020
Saturday, November 14, 2020 - 10:52am | 2780Meet Sharesies, The Investment App For Millennials The Nitty-Gritty: Founded in 2016, Sharesies is a fintech specializing in democratized stock market investing. The company is one of many other brokers that have popped up around the world, helping unlock low-cost access to listed companies and...
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Fintech Focus For November 12, 2020
Wednesday, November 11, 2020 - 7:32pm | 2686Quote Of The Day: It is our choices, that show what we truly are, far more than our abilities. - J.K. Rowling Fintech Movers: With the emergence of fintech-savvy institutions like challenger banks, regulating bodies have become concerned with the disruption of established institutions. - Benzinga...
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Rocket Mortgage Q3 Earnings Echo Commitment To Innovation, Democratization Of Homeownership
Wednesday, November 11, 2020 - 8:32am | 391Detroit-based Rocket Companies Inc (NYSE: RKT), home to Rocket Mortgage and Quicken Loans, the largest retail mortgage lender, reported a third-quarter earnings beat after Tuesday’s close. What Happened: In its second earnings release since going public, Rocket reported adjusted revenue of $4...
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Fintech Focus For October 21, 2020
Tuesday, October 20, 2020 - 6:37pm | 2181Quote Of The Day: This is a war to end all wars. - Woodrow Wilson Fintech Movers: The European venture ecosystem is robust and growing with strengths in fintech, health care, deep tech, data and analytics, and commerce and shopping. - Crunchbase TIKR isn’t your typical Bloomberg alternative...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 7:50pm | 2542Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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Fintech Focus Roundup For September 26, 2020
Friday, September 25, 2020 - 6:09pm | 2006United Wholesale Mortgage CEO Talks IPO Plans What's Happened: On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc in a deal that would value the firm at $16.1 billion...