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Big Bank Roundup: These Stocks Kick Off Earnings Season With A Mixed Bag Of Results
Friday, October 14, 2022 - 2:59pm | 559Read More...Big U.S. bank stocks kicked off third-quarter earnings season on Friday with a mixed bag of numbers on a difficult day for the market. Here's an overview of the highlights for JPMorgan Chase & Co (NYSE: JPM), Citigroup Inc. (NYSE: C), US Bancorp (NYSE: USB), Morgan Stanley (NYSE: MS),...
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Ford Motor Selling 8M Shares Of Rivian Automotive: Report
Sunday, May 8, 2022 - 3:27pm | 237Read More...Ford Motor Company (NYSE: F) will sell 8 million Rivian Automotive Inc (NASDAQ: RIVN) shares, according to a CNBC report. The post-IPO lockup period for Rivian ends on Sunday. Ford will sell the shares with the help of Goldman Sachs Group Inc (NYSE: GS). In March, Rivian reported...
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If You Invested $1,000 In JPM When Chase Manhattan And J.P. Morgan Merged, Here's How Much You'd Have Now
Wednesday, October 13, 2021 - 3:45pm | 352Read More...One of the largest banks in the U.S. got even bigger in 2000 with a huge acquisition. The deal combined two well-known financial names to create the second-largest bank in the U.S. at the time. The Acquisition: On Sept. 13, 2000, Chase Manhattan announced it would acquire J.P. Morgan...
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JPMorgan Chase's Unusual Options Spotted
Tuesday, August 17, 2021 - 11:10am | 512Read More...JPMorgan Chase (NYSE:JPM) shares experienced unusual options activity on Tuesday. The stock price moved down to $157.7 following the option alert. Sentiment: BULLISH Option Type: SWEEP Trade Type: CALL Expiration Date: 2021-09-17 Strike Price: $165.00 Volume: 12 Open Interest: 31208 Three Ways...
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Hot Summer, Cool Fall? Big Banks Seen Delivering Huge Q2 Earnings, But Headwinds Blow
Tuesday, July 13, 2021 - 10:24am | 2577Read More...After riding swift tailwinds through Q1, the biggest U.S. banks could face tougher times as Q2 earnings loom. That doesn’t mean Q2 year-over-year earnings growth for the Financial sector won’t be immense. Remember, at this time a year ago, the industry was struggling through the worst...
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Fintech Focus For July 13, 2021
Monday, July 12, 2021 - 7:45pm | 1849Read More...Quote To Start The Day: “The question isn't who is going to let me; it's who is going to stop me.” Source: Ayn Rand One Big Thing In Fintech: Binance traders around the world have been trying to get their money back. But unlike a more traditional investment platform, Binance is...
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Fintech Focus For July 9, 2021
Thursday, July 8, 2021 - 6:55pm | 1933Read More...Quote To Start The Day: “Life is a long lesson in humility.” Source: James M. Barrie One Big Thing In Fintech: Derivatives could be the next financial “lego block” to be disrupted by DeFi. To get an idea of how massive the opportunity is, spot trades (stocks, bonds,...
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Fintech Focus For July 2, 2021
Thursday, July 1, 2021 - 7:42pm | 1995Read More...Quote To Start The Day: “I refuse to accept other people’s ideas of happiness for me. As if there’s a one size fits all standard for happiness.” Source: Kanye West One Big Thing In Fintech: Six fintechs — PayPal, Square, Varo, Affirm, LendingClub and Oportun —...
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JPMorgan Still Bearish On Bitcoin, Expects Decline To $25,000: Report
Thursday, June 24, 2021 - 11:15am | 356Read More...JPMorgan Chase & Co anticipate a further decline in the price of Bitcoin (CRYPTO: BTC) in the coming weeks. What Happened: According to a report from Bloomberg, JPMorgan strategists expect that the selling of shares in Grayscale Bitcoin Trust (OTCMKTS: GBTC) will become a new source...
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Fintech Focus For June 18, 2021
Thursday, June 17, 2021 - 7:26pm | 2110Read More...Quote To Start The Day: "A man is but what he knows.” Source: Sir Francis Bacon One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion. But in recent weeks, lawmakers...
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Fintech Focus For May 25, 2021
Monday, May 24, 2021 - 6:04pm | 1660Read More...Quote To Start The Day: “Quality means doing it right when no one is looking.” Source: Henry Ford One Big Thing In Fintech: Square Inc., whose technology has already upended the way small businesses take card payments, is quietly preparing to offer checking and savings accounts to...
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Fintech Spotlight: MX Onboards Lexi Hall To Empower Regulatory Innovation In Fintech
Thursday, May 20, 2021 - 1:45pm | 850Read More...MX, a platform for building modern financial solutions, formally welcomed a new Director of Public Policy, Lexi Hall. As part of the development, Benzinga spoke with Hall and MX Chief Advocacy Officer Jane Barratt. About: Founded in 2010 by Brandon Dewitt and Ryan Caldwell, MX Technologies provides...
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Fintech Focus For May 19, 2021
Tuesday, May 18, 2021 - 5:49pm | 2172Read More...Quote To Start The Day: “I’ve failed over and over and over again in my life and that is why I succeed.” Source: Michael Jordan One Big Thing In Fintech: Drivers and homeowners will be able to purchase pay-per-mile auto insurance and homeowners insurance from Metromile and Hippo...
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Fintech Focus For May 17, 2021
Sunday, May 16, 2021 - 8:38pm | 1714Read More...Quote To Start The Day: “Spring is the time of plans and projects.” Source: Leo Tolstoy One Big Thing In Fintech: Crypto is here to stay — this point is no longer up for debate. It is creating real-world benefits for businesses and consumers alike — benefits like faster,...
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JPMorgan, Confluence Expand Partnership, Improve Multi-Asset Portfolio Analytics
Wednesday, May 5, 2021 - 6:11pm | 317Read More...J.P. Morgan Chase & Co (NYSE: JPM) and global tech provider Confluence announced a new development in their partnership to deliver advanced multi-asset portfolio analytics solutions. What Happened: In light of the pandemic-accelerated digital disruption in finance, Confluence, a global provider...
