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The 3 ETFs With Highest Exposure To AMC Entertainment Stock
Wednesday, June 2, 2021 - 4:34pm | 647Shares of AMC Entertainment were continuing to surge on Wednesday, and the rally could boost the valuation of three ETFs that count AMC among their largest holdings. Three ETFs have weighting of AMC shares at 2% or higher, according to ETFDB. AMC comprises less than 1% of assets in all other...
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This Week's Earnings Storyline
Tuesday, June 1, 2021 - 10:43am | 960Although this week is starting quietly with the U.S. celebrating Memorial Day, there will still be plenty of noise with earnings reports from Zoom (NASDAQ: ZM), Advanced Auto Parts (NYSE: AAP), Express, and Slack (WORK). Also, one of the biggest cryptocurrency events of the year, the 2021...
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Fintech Focus For April 9, 2021
Thursday, April 8, 2021 - 5:54pm | 2020Quote To Start The Day: We don't abandon our pursuits because we despair of ever perfecting them. Source: Epictetus One Big Thing In Fintech: To stay competitive, financial institutions must take a page from SaaS providers by embedding much needed financial services functionality into their...
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Fintech Focus For March 29, 2021
Sunday, March 28, 2021 - 7:49pm | 2098Quote To Start The Day: When something is important enough, you do it even if the odds are not in your favor. Source: Elon Musk One Big Thing In Fintech: Bitcoin, among other cryptocurrencies, lacks a utility component. That’s according to Natalia Shirshova, CMO and co-founder at Reinno, a...
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SoFi Offers Customers Early Access To IPOs: What Investors Should Know
Friday, March 26, 2021 - 2:56pm | 517One of the big knocks on traditional IPOs has been the lack of access that retail investors have. That process could change with SoFi announcing plans to give its customers access to IPOs early. What Happened: SoFi, which is going public via SPAC Social Capital Hedosophia Holdings VCorp (NYSE...
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Fintech Focus For March 22, 2021
Sunday, March 21, 2021 - 9:38pm | 1881Quote To Start The Day: “I didn’t come into this job expecting a 9am-5pm’s, but I also didn’t expect consistent 9am-5am’s either.” Source: Goldman Analyst One Big Thing In Fintech: To keep up with emerging technology, self-made billionaire Mark Cuban is always...
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'SPACs Attack' Weekly Recap: Looking Back On 5 Deals, Rumors And Headline News
Sunday, March 14, 2021 - 5:32pm | 1632It was another busy week for the SPAC market with numerous deal announcements and rumored deals. Benzinga's "Spacs Attack" covered the deals and news of the week. Here is a look back at the announced deals, rumors and some top headlines. SPAC Deals Last-mile telehealth...
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Fintech Focus For March 10, 2021
Tuesday, March 9, 2021 - 11:30pm | 1545Quote To Start The Day: Best friends don’t expect anything from you. They just accept you the way you are. Source: Maxime Lagacé One Big Thing In Fintech: M1 Finance is a platform for digital investing, borrowing and banking. As part of its vision to help self-directed investors build...
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Why SoFi Acquiring A Bank Is Important For Investors
Tuesday, March 9, 2021 - 6:31pm | 369Fintech company SoFi announced an acquisition on Tuesday that could help its growth road map for the future. What Happened: SoFi, which is merging with Social Capital Hedosophia Holdings VCorp (NYSE: IPOE), announced Tuesday it is acquiring Golden Pacific Bancorp (OTC: GPBI). SoFi is...
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Jim Cramer Shares 10 SPACs 'To Die For'
Friday, February 26, 2021 - 6:36pm | 1048CNBC host Jim Cramer has been vocal about the rise of SPACs. Cramer has criticized the large number of SPACs and recently went after celebrity SPACs. The host has featured interviews with executives from some of the companies going public via the SPAC route. On Wednesday’s “...
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Analyst: How Chamath Palihapitiya, Elon Musk Mastered The 'Narrative Of The Underdog'
Wednesday, February 3, 2021 - 4:36pm | 655With more and more young investors getting their information from social media rather than mainstream media outlets, controlling the online narrative is growing increasingly important for modern brands. During the face-off between the WallStreetBets-driven retail traders and trading platform...
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SPACs Attack Recap: SoFi, IPOE, GXGX, ACEV Deals Plus Rumors And Headlines For Week Ending January 8
Saturday, January 9, 2021 - 2:45pm | 1377The SPACs Attack show airs live on Benzinga YouTube Monday through Friday at 11 a.m. EST breaking down SPAC news and deals, and interviewing CEOs. Here is a look back at some of the important SPAC news for the week ending January 8. SPAC Deals: The big deal of the week was SoFi announcing a merger...
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Fintech Focus For January 8, 2021
Thursday, January 7, 2021 - 7:42pm | 1594Quote To Start The Day: Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a...
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SoFi Merging With Palihapitiya-Backed IPOE SPAC
Thursday, January 7, 2021 - 2:28pm | 672Fintech company SoFi is going public via one of the most well-known names in the SPAC community. The SPAC Deal: SoFI announced a SPAC merger with Social Capital Hedosophia Holdings V (NYSE: IPOE), led by Chamath Palihapitiya. The merger values SoFi at an equity value of $8.65 billion post-money....
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Fintech Focus Roundup For October 31, 2020
Saturday, October 31, 2020 - 8:59am | 2108Robinhood Makes It Easier To Track Performance The Nitty-Gritty: As part of a vision to democratize finance for all, Robinhood introduced high-yield savings accounts, fractional and recurring investments in U.S.-listed stocks and ETFs, as well as cryptocurrency and options trading. To make it...