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Deutsche Bank Upgrades Albemarle On Lithium Earnings Potential
Tuesday, February 16, 2021 - 3:14pm | 156Albemarle Corporation (NYSE: ALB) is poised to benefit from a potential upturn in lithium earnings, according to Deutsche Bank. The Albemarle Analyst: David Begleiter upgraded Albemarle from Hold to Buy and raised the price target from $175 to $190. The Albemarle Thesis: Two new “world-...
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Why This UWM Holdings Analyst Is Bullish Despite Potential Mortgage Market Slowdown
Tuesday, February 16, 2021 - 12:16pm | 380Newly public UWM Holdings Corp (NYSE: UWMC) received a vote of confidence Tuesday after one Wall Street firm initiated bullish coverage on the Pontiac, Michigan-based mortgage firm. The UWM Holdings Analyst: Deutsche Bank analyst Ashish Sabadra started coverage of UWM Holdings...
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Fintech Focus For February 8, 2021
Sunday, February 7, 2021 - 7:25pm | 2192Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...
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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 9:16pm | 1927Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Xpeng Is Positioning Itself As Tech Leader Among China's 'Fab Four' EV Makers, Deutsche Bank Says
Monday, December 14, 2020 - 12:06pm | 429Xpeng Inc – ADR (NYSE: XPEV) shares, which retreated last week on the back of an equity offering, are moving to the upside following the initiation of coverage by Deutsche Bank. The Xpeng Analyst: Edison Yu initiated coverage of Xpeng's stock with a Buy rating and $58...
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'Liquidity Jumping': Stock Market Update For The Week Ahead
Sunday, December 13, 2020 - 5:35pm | 1495The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...
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Fintech Focus For December 8, 2020
Monday, December 7, 2020 - 5:39pm | 1600Quote To Start The Day: There’s challenges with blockchain to date because it doesn’t have the scale to provide attractive economics. Source: Daniel Springer One Big Thing In Fintech: The fintech space is becoming increasingly crowded (since fintech is eating the world) with over $20...
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Fintech Focus For November 19, 2020
Wednesday, November 18, 2020 - 6:42pm | 2481Quote Of The Day: The successful warrior is the average man, with laser-like focus. - Bruce Lee Fintech Movers: Big investors are backing online banks more than ever, betting that these upstarts' low overhead and nimble technology stacks will let them keep grabbing customers from traditional...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 5:42pm | 2217Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Fintech Focus For October 15, 2020
Wednesday, October 14, 2020 - 5:26pm | 2121Quote Of The Day: There needs to be a sweet spot between the brand and your community. - Danny Cortenraede Fintech Movers: [W]e think that over the next five years, Bitcoin presents a multi trillion dollar opportunity. - ARK Invest M1 Finance closes on $45M Series C round. Deutsche to introduce...
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Fintech Focus For October 13, 2020
Monday, October 12, 2020 - 4:57pm | 2271Quote Of The Day: We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus. - David Nabarro Fintech Movers: Hackers have stolen $22 million from users of the popular bitcoin wallet Electrum by enticing people to install fake software updates. -...
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DraftKings Analysts On Share Offering, Marketing Costs, Sports Betting Legalization
Monday, October 12, 2020 - 4:13pm | 433Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...
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Fintech Focus For September 23, 2020
Tuesday, September 22, 2020 - 4:39pm | 2196Quote Of The Day: Hope is a good breakfast, but it is a bad supper. - Francis Bacon Fintech Movers: Consumers continue to reject legacy banking bill-paying platforms, which are perceived as inefficient. In most cases, they prefer making payments directly to service providers. - BillGO One Finance...
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'Best-In-Class Powertrain Technology Affirmed': Analysts React To GM-Nikola Partnership
Wednesday, September 9, 2020 - 12:47pm | 695Shares of General Motors Company (NYSE: GM) and Nikola Corporation (NASDAQ: NKLA) rallied on Tuesday after GM announced it's taking a $2 billion stake in the hydrogen fuel cell electric truck maker. As part of the companies’ new partnership, GM will produce Nikola’s first Badger...
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Stitch Fix's Direct Buy Option Comes At The Right Time: Deutsche Bank
Wednesday, September 9, 2020 - 9:28am | 495Stitch Fix (NASDAQ: SFIX) shares were trading higher Wednesday after Deutsche Bank analysts took a bullish stance on the online clothing styling and delivery service, saying it's benefiting from coronavirus pandemic trends. The Stitch Fix Analyst: Deutsche Bank analyst Kunal Madhukar...