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Which Stocks Will Dominate The Future Of Tech? UBS Shares Its Top Picks In AI, Healthtech, Greentech, And Fintech
2024 Mar 18, 3:14am | 897In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that...
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JPMorgan's Chase for Discover: A Tale of Missed Opportunities and Regulatory Roadblocks
2024 Mar 07, 4:27pm | 524In a year-long pursuit, JPMorgan Chase & Co (NYSE:JPM) discussed a potential deal with Discover Financial Services (NYSE:DFS) before Capital One Financial Corp (NYSE:COF) sealed the $35 billion bid for the credit card company. The primary...
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PayPal Expands Contactless Payment Options for Small Businesses with New iPhone Feature
2024 Mar 07, 3:31pm | 513PayPal Holdings, Inc (NASDAQ:PYPL) has introduced Tap to Pay on Apple Inc (NASDAQ:AAPL) iPhone for Venmo business profile and PayPal Zettle users in the U.S., allowing users to accept contactless payments directly on their iPhones without extra cost or hardware. This...
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SoFi Stock: Are Redditors Buying The Dip After $750M Debt Offering?
2024 Mar 06, 10:05am | 536SoFi Technologies Inc (NASDAQ:SOFI) stock experienced a 15.27% drop on March 5, following the announcement of its convertible senior notes offering, aiming to raise $750 million. The stock is seeing some recovery in pre-market trading today. Redditors, however, are discussing whether investors...
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How GenAI Can Help Find M&A Targets: Private Equity Meets Hi-Tech
2024 Feb 29, 2:56pm | 684Private equity has shifted its stance from the days of taking over targets, with the goal of either flipping them to an interested acquirer or spinning them off into an initial public offering. Buy-side competition is heating up. PE firms are now wielding artificial intelligence (AI) to discern...
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Webull's Strategic Pivot From Crypto Clears Path For $7.3 Billion US Listing
2024 Feb 28, 7:02pm | 442Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the company’s U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose...
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Webull To Go Public With SPAC Merger: What Investors Need To Know
2024 Feb 28, 10:48am | 500Digital investment platform company announced a SPAC merger to go public. Looking at the details and what's next for the company. Digital investment platform Webull Corporation is going public via a SPAC merger announced Wednesday. The news comes years after reports that Webull was nearing an...
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S&P 500, Nasdaq 100 Dip, Small Caps Surge; Bitcoin Tops $57,000, 2 Biotech Stocks Skyrocket: What's Driving Markets Tuesday?
2024 Feb 27, 3:18pm | 917On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF (NYSE:IWM) climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak since late 2023....
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StockTwits Quietly Becomes The 'Home Page For All Things Retail Sentiment'
2024 Feb 21, 3:26pm | 625Shares of publicly listed firms such as Super Micro Computer and Nvidia have sparked investment discussions on social media platforms. While many seemingly joke about market volatility, others, with a more earnest approach, seek to learn. Navigating through the noise is...
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IPO Revival In 2024: Plaid, Chime, And Kim Kardashian's Skims Among Potential Market Movers
2024 Feb 20, 11:51am | 918After a subdued couple of years that followed a stellar performance in 2021, the market for initial public offerings (IPOs) is expected to recover some ground in 2024. The market for new listings was, during 2022 and 2023, hit by rising inflation and interest rates, which raised funding costs and...
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Jeff Bezos-Backed Brazilian Fintech Stark Bank Doubles Profit, Preserves Cash
2024 Feb 20, 5:26am | 758The Brazilian fintech Stark Bank, backed by Jeff Bezos, has seen a significant rise in profits while effectively managing its funding. What Happened: Stark Bank, a Sao Paulo-based company, has witnessed a three-fold increase in its payment processing business, reaching 155 billion reais ($31...
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Robinhood Gold Just Got Even Better, With Its Best Rates Yet – Earn 5.25% APY On Uninvested Funds
2024 Feb 15, 9:12am | 1158In the current landscape of financial markets, the significance of having suitable investment tools cannot be overstated. Fortunately for the public, the proliferation of apps and online platforms has greatly increased the wealth accumulation possibilities for individuals. These digital resources...
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Architect Financial Closes $12M Investment Round Driven By Growing US Derivatives Market
2024 Feb 14, 7:46pm | 312Offering trading infrastructure and building out regulated brokerages, Architect Financial Technologies raised capital to launch a U.S. derivatives brokerage. What Happened: Architect Financial Technologies secured $12 million in capital in its latest funding round, bringing its total funding to $...
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Microsoft Detects Russian, Chinese AI Hackers: Is It Time To Add Cybersecurity To Your Portfolio?
2024 Feb 14, 12:18pm | 910The pressing need to combat a new breed of cybercriminals using artificial intelligence to trick their way into government and corporate records is likely to be the driving force behind AI deployment in the coming months. This was underlined on Wednesday after Microsoft Corporation (NASDAQ:MSFT)...
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EXCLUSIVE: Gmoney Secures $1 Million Loan With CryptoPunk, Previews NFT Paris Collection
2024 Feb 14, 10:49am | 622A pseudonymous NFT entrepreneur known as Gmoney borrowed $1 million as a 180-day loan in tokenized U.S. dollars (USDC) using his prized Ape Punk #8219 as collateral on the Gondi lending platform. This is the first time a high-value single asset has been used to secure such a loan, according to the...
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Fintech news covering the emerging Financial Technology services sector