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'Better Than Expected': Stock Market Update For The Week Ahead
Sunday, October 11, 2020 - 6:35pm | 1496Read More...The Past Week, In A Nutshell What Happened: Last week ended positive alongside progress in stimulus talks. Remember This: “Very rarely in the last 10 years have we seen earnings estimates moving higher after a quarterly reporting season,” said Art Hogan, chief market strategist at...
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Nasdaq Reportedly Eyeing Data Center Move To Texas
Thursday, October 8, 2020 - 11:34am | 532Read More...A proposed tax bill in New Jersey reportedly has stock exchanges reconsidering the location of data centers in the Garden State. What Happened: Texas Gov. Greg Abbott is courting the Nasdaq (NASDAQ: NDAQ) to move its data centers to Texas, he said in a tweet Wednesday. I've been talking...
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Fintech Focus For October 8, 2020
Wednesday, October 7, 2020 - 6:07pm | 2475Read More...Quote Of The Day: It is during our darkest moments that we must focus to see the light. - Aristotle Fintech Movers: [Bank of America] said it applied for 415 patents this year for innovations regarding money transfer, bill payments, ATM transaction pre-staging, check verification using augmented...
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Fintech Focus For October 6, 2020
Monday, October 5, 2020 - 6:55pm | 2010Read More...Quote Of The Day: Don’t be afraid of Covid. - President Trump Fintech Movers: From providing digital payment solutions in channeling electricity subsidies and social safety nets for workforces, to becoming an investment platform for government debt securities, fintech firms assist...
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Fintech Focus Roundup For October 3, 2020
Sunday, October 4, 2020 - 3:18pm | 1862Read More...CME Group Tackles Water Scarcity What's Happened: In partnership with Nasdaq Inc, CME Group Inc, the world’s largest derivatives marketplace, formally announced it plans to launch a futures contract this year based on the Nasdaq Veles California Water Index (NQH20). Water Scarcity And...
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Record 8 SPACs Go Public In One Day With $3.25B in Proceeds
Sunday, October 4, 2020 - 10:23am | 578Read More...The SPAC market continues to heat up with new names and backers entering the mix every week. A record eight SPACs were expected to price on Friday, raising potentially over $3.25 billion in the process. The 8 SPACs: All eight SPACs were expected to price at $10. The sale of the SPACs starts as...
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Fintech Focus For September 18, 2020
Thursday, September 17, 2020 - 9:57pm | 2110Read More...Good morning! If you're new to the Fintech Focus, you can subscribe here! Quote Of The Day: You can do everything right and still fail. - Will Eastman Fintech Movers: Banking giant UBS is skeptical that Bitcoin is a safe-haven asset, according to a report issued on September 9 by its Swiss...
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Fintech Focus For September 17, 2020
Wednesday, September 16, 2020 - 6:17pm | 2478Read More...Quote Of The Day: It is hard to fail but it is worse never to have tried to succeed. - Theodore Roosevelt Fintech Movers: The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up. - Finextra What’s the outlook for crypto brokerages....
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Fintech Focus For September 16, 2020
Tuesday, September 15, 2020 - 6:46pm | 2102Read More...Quote Of The Day: There is little money to be made almost anywhere in the world. - Bill Gross Fintech Movers: Fintech is viewed as the “new normal” by 73 percent of Americans, according to the report, and 67 percent plan to continue managing most of their finances digitally after COVID...
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5 Things You May Not Know About Apple Heading Into This Week's Event
Sunday, September 13, 2020 - 6:25pm | 478Read More...As Apple Inc. (NASDAQ: AAPL) gears up for its September 15 event, fans of the iDevice company can expect a spotlight on the Apple Watch Series 6; new iPads; and the rumored Apple One subscription bundle. Those eager to learn more about the iPhone 12 — patience. There's ...
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Fintech Focus For September 10, 2020
Wednesday, September 9, 2020 - 8:24pm | 2279Read More...Quote Of The Day: Love is a serious mental disease. - Plato Fintech Movers: M1 Finance, a platform for money management, announced it surpassed $2 billion in assets. - Benzinga Carrot to expand its dividend tech. Long-Term Stock Exchange opens. Binance enters the Turkish market. Displayed markets...
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Fintech Focus For September 4, 2020
Thursday, September 3, 2020 - 7:28pm | 2158Read More...Quote Of The Day: The supreme art of war is to subdue the enemy without fighting. - Sun Tzu Fintech Movers: By eliminating the need for a trust-based model, Bitcoin is calling into question the current foundation of economic organizations and is paving the way for a more predictable financial...
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Tech Wreck: Markets Plunge As Apple Sets Market Cap Loss Record
Thursday, September 3, 2020 - 5:00pm | 428Read More...Technology led the market down Thursday, where all three major indices saw big losses and Apple Inc. (NASDAQ: AAPL) set a market cap loss record. What Happened: Apple set a global record by losing $180 billion in market cap. The prior U.S. record was Facebook (NASDAQ: FB), which lost $120...
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Fintech Focus For September 2, 2020
Tuesday, September 1, 2020 - 7:21pm | 2275Read More...Quote Of The Day: Spread love everywhere you go. Let no one ever come to you without leaving happier. - Mother Teresa Fintech Movers: Two community leaders from Oakland, California, with backgrounds in real estate and impact investing launched a new investment platform Tuesday to provide capital...
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Fintech Focus For September 1, 2020
Monday, August 31, 2020 - 6:51pm | 2023Read More...Quote Of The Day: Go confidently in the direction of your dreams! Live the life you've imagined. - Henry David Thoreau Fintech Movers: If it were to continue compounding at that rate, bitcoin’s daily volume would exceed that of the US equity market in fewer than 4 years. - Ark Trading...
