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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 29, 2021
Wednesday, April 28, 2021 - 6:15pm | 1682Quote To Start The Day: “Insanity is doing the same thing, over and over again, but expecting different results.” Source: Albert Einstein One Big Thing In Fintech: Edge Clear, the futures brokerage built by and for traders, last week announced the demo launch of EdgeProX, a...
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SmartHop Hires Uber Alum Liu, Opens New York, Colombia Offices
Thursday, April 22, 2021 - 10:54am | 824Following a $12 million funding round announced in February, SmartHop is moving forward quickly with new hires and the expansion of its services. The company, which uses artificial intelligence to deliver smart load recommendations, full-service back-office support and fintech products for small...
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Uber, Just Eat CEOs Trade Twitter Barbs Following Uber Eats German Entrance
Wednesday, April 21, 2021 - 12:32pm | 1143Uber Eats (NYSE: UBER) will enter the German market in the next few weeks, going head-to-head with Just Eat Takeway.com in that country for the first time. The CEOs of both firms are now trading barbs on Twitter. The news was first reported by the Financial Times. "Europe, in particular, has been...
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Miami's Path To Becoming A Tech Hub, According To TheVentureCity's CEO: 'Brainpower Doesn't Have A Zip Code'
Tuesday, March 23, 2021 - 1:50pm | 1310“Thinking of moving to Miami? DM me.” That’s according to a tweet from Miami Mayor Francis Suarez that's plastered across billboards along California. The initiative, sponsored by Reddit co-founder Alexis Ohanian and early Uber Technologies Inc (NYSE: UBER) and...
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Fintech Focus For March 17, 2021
Tuesday, March 16, 2021 - 8:59pm | 1939Quote To Start The Day: To succeed in business you must learn the art of saying no. Source: Barbara Corcoran One Big Thing In Fintech: Owning a company’s stock drives brand loyalty and increases spending. That’s according to a Columbia Business School study that analyzed transaction-...
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Barron's Latest Picks And Pans: Apple, Coupang, GameStop, Uber, Walker & Dunlop And More
Saturday, March 13, 2021 - 4:43pm | 1201This weekend's Barron's cover story discusses how the U.S. economy could soar as the pandemic fades. Other featured articles discuss why big pharmaceutical stocks are cheap, the outlook for the aerospace industry and what comes next for three meme stocks. Also, the prospects for an...
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Fintech Focus For March 11, 2021
Wednesday, March 10, 2021 - 10:42pm | 1745Quote To Start The Day: Doing something unimportant well does not make it important. Source: Tim Ferriss One Big Thing In Fintech: A provisional report from data and research group CB Insights indicates that we’re not merely in a warm period for fintech funding — we are in a period of...
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Uber's Mobility Business Drives Its Recovery Says BofA
Wednesday, March 10, 2021 - 4:53pm | 279Speaking at an investor conference, Uber Technologies Inc’s (NYSE: UBER) CFO Nelson Chai provided more data into mobility recovery, according to BofA Securities. The Uber Technologies Analyst: Justin Post maintained a Buy rating for Uber Technologies, with a price target of $71. The Uber...
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Fintech Focus For February 22, 2021
Sunday, February 21, 2021 - 3:15pm | 2088Quote To Start The Day: “I think we’ve positioned ourselves as the finance super app because I don’t think people want to go to four, five, and six different solutions to manage their money,” M1 Finance marketing vice president Bob Armour said. “We’re a place...
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Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...