-
Fintech Focus For June 17, 2021
Wednesday, June 16, 2021 - 6:54pm | 1823Quote To Start The Day: "The journey of a thousand miles begins with one step.” Source: Lao Tzu One Big Thing In Fintech: Outside of perhaps China, right now the big use case for central bank digital currencies (CBDCs) seems to be just talking about them. Crypto is cool right now and...
-
Fintech Focus For June 14, 2021
Sunday, June 13, 2021 - 10:13pm | 1829Quote To Start The Day: "[C]ost-push inflation will be the primary driver of inflation through the remainder of this year and into next. The Fed is betting on this, but if it is wrong, it will be because a wage-price spiral developed, although that is unlikely to occur until the economy has...
-
Fintech Focus For April 19, 2021
Sunday, April 18, 2021 - 7:54pm | 2187Quote To Start The Day: "The journey of a thousand miles begins with one step." Source: Lao Tzu One Big Thing In Fintech: Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful...
-
Fintech Focus For April 16, 2021
Thursday, April 15, 2021 - 8:11pm | 2278Quote To Start The Day: "Spread love everywhere you go. Let no one ever come to you without leaving happier." Source: Mother Teresa One Big Thing In Fintech: Residents of Miami-Dade County in the U.S. state of Florida may one day be able to pay their taxes in the form of cryptocurrency....
-
Fintech Focus For December 8, 2020
Monday, December 7, 2020 - 6:39pm | 1600Quote 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...
-
Fintech Focus For November 10, 2020
Monday, November 9, 2020 - 6:42pm | 2688Quote Of The Day: A dying man can do nothing easy. - Benjamin Franklin Fintech Movers: The rise of new financial technologies will call for new approaches to regulation, Federal Reserve Bank of Cleveland President Loretta Mester said Monday. - WSJ UK fintech industry braces for Brexit. Mastercard...
-
Fintech Focus For November 2, 2020
Sunday, November 1, 2020 - 7:06pm | 2378Quote Of The Day: The secret of success is to do the common thing uncommonly well. - John D. Rockefeller Jr. Fintech Movers: Coinbase Card is a Visa debit card that allows users to spend their cryptocurrency funds directly from their Coinbase accounts. The card is accepted at any retailer that...
-
Fintech Focus For July 6, 2020
Tuesday, July 7, 2020 - 10:02am | 1835Daily Perspective: More debt, more liquidity, more asset reflation. - JPMorgan Fintech Movers: Software services and online education have grown as new unicorn candidates while fintech and branded e-commerce take a back seat in the 2020 crop of new unicorns. - Crunchbase Cora preps SME products....
-
Fintech Focus For July 1, 2020
Wednesday, July 1, 2020 - 6:10pm | 1588Daily Perspective: An analysis of 749 mass shootings over the past six years found that about 60% were either domestic violence attacks or committed by men with histories of domestic violence. - CityLab Fintech Movers: The world’s top listed miner BHP Group said on Tuesday it had made its...
-
SocGen Upgrades Bank Of America, Morgan Stanley, UBS Ahead Of Q4 Earnings
Thursday, January 12, 2017 - 12:11pm | 531SocGen has upgraded Bank of America Corp (NYSE: BAC), Morgan Stanley (NYSE: MS) and UBS Group AG (USA) (NYSE: UBS) to Buy as it believes the “Trump Effect” will increase net interest income, lower corporate taxes and allow for the return of excess capital, benefiting the sector as a...
-
SocGen Concerned About Schlumberger: Downgrades On 'Lofty' Valuation
Thursday, April 28, 2016 - 10:23am | 280Societe Generale’s Edward Muztafago mentioned that share prices of oil services stocks, including Schlumberger Limited. (NYSE: SLB), “have soared in early 2016 on recovery hopes even as the trading environment has deteriorated further.” Muztafago downgraded the rating on...
-
SocGen: Recession Is 'Virtually Inevitable'
Thursday, April 7, 2016 - 10:08am | 307Slumping U.S. profits now makes a recession appear inevitable, according to Societe Generale analyst Albert Edwards. Edwards argues the steep decline in U.S. whole-economy profits that has been recorded in recent quarters is almost always a sign of a recession on the horizon. Edwards believes this...
-
US Stock Futures Signal Higher Start On Wall Street
Monday, July 13, 2015 - 7:16am | 442Pre-open movers US stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average jumped 122 points to 17,791.0, while the Standard & Poor's 500 index futures rose 14.15 points to 2,083.15. Futures for the Nasdaq 100 index climbed 36.55 points to 4,444.80....
-
SocGen Downgrades Procter & Gamble To Hold
Wednesday, April 29, 2015 - 8:18am | 63SocGen downgraded Procter & Gamble Co (NYSE: PG) from Buy to Hold. The price target for Procter & Gamble has been lowered from $96.00 to $86.00. Procter & Gamble shares have dropped 2.58 percent over the past 52 weeks, while the S&P 500 index has surged 12.25 percent in the same...
-
US Stock Futures Slip Ahead Of Fed Decision
Wednesday, April 29, 2015 - 7:50am | 400Pre-open movers US stock futures traded lower in early pre-market trade. Data on GDP growth for the first quarter will be released at 8:30 a.m. ET, while the pending home sales index for March will be released at 10:00 a.m. ET. The Federal Open Market Committee will announce its policy decision at...