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Fintech Focus For January 4, 2021
Sunday, January 3, 2021 - 11:58am | 1446Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B...
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Fintech Focus For October 21, 2020
Tuesday, October 20, 2020 - 5:37pm | 2181Quote Of The Day: This is a war to end all wars. - Woodrow Wilson Fintech Movers: The European venture ecosystem is robust and growing with strengths in fintech, health care, deep tech, data and analytics, and commerce and shopping. - Crunchbase TIKR isn’t your typical Bloomberg alternative...
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Fintech Focus For October 6, 2020
Monday, October 5, 2020 - 5:55pm | 2010Quote 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 For August 27, 2020
Wednesday, August 26, 2020 - 5:18pm | 2221Quote Of The Day: Life is ours to be spent, not to be saved. - D.H. Lawrence Fintech Movers: A lot of acceleration has been observed within the solutions and advisory groups within the asset management community, as well as trends towards shifting assets under management to an outsourced CIO, and...
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Fintech Focus For July 31, 2020
Friday, July 31, 2020 - 8:18am | 2144Daily Perspective: Wisely, and slow. They stumble that run fast. - Shakespeare Fintech Movers: Differentiation within companies offering Banking as a Service product offerings will become increasingly important. - Forbes ZenBusiness acquires Joust. Cosaic expands with FactSet. PAAY logs growth...
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Fintech Focus For July 8, 2020
Wednesday, July 8, 2020 - 9:22am | 2122Daily Perspective: Capital markets are not free markets allocating resources in traditional ways. - Ray Dalio Fintech Movers: Nasdaq and the London Stock Exchange Group have both taken steps to grow the digital asset ecosystem as institutional interest increases. - Markets Media Iran cracks down...
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Cronos Group Reports Earnings Beat, Misses Revenue Estimates For Q4
Tuesday, March 31, 2020 - 6:10am | 345Cronos Group Inc. (NASDAQ: CRON) on Monday reported its earnings for the fourth quarter of the financial year of 2019. What Happened The cannabis company posted net revenue of $7.3 million, up 41.3% from the $4.3 million posted in the similar quarter last year. The revenue was 37% lower than the...
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Big Chip Q3 Earnings Preview: Intel Could Win On Muted Expectations, AMD Makes Inroads
Thursday, October 24, 2019 - 10:21am | 988Tech reporting season has kicked in, with several high-profile companies reporting this week. Semiconductor and semi equipment companies are expected to report a 30% year-over-year drop in earnings this quarter, according to estimates compiled by Factset. Chip giant Intel Corporation (NASDAQ: INTC...
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Q2 Earnings Estimates Perk Up In This Sector
Tuesday, May 7, 2019 - 4:52pm | 516This week, nearly 15 percent of the components in the ISE-Revere Natural Gas Index report earnings while 24 percent of the S&P Oil & Gas Exploration & Production Select Industry Index does the same thing. After this week,energy earnings season is all but over, prompting investors to...
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Tech Tests Could Be Timely For These ETFs
Friday, April 26, 2019 - 2:32pm | 519Some of the big-name technology companies, including Microsoft Corporation (NASDAQ: MSFT), have already delivered quarterly earnings, but the high-flying sector is set to experience an earnings avalanche during the week starting April 29. What Happened Next week, nearly 47 percent of the...
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Still Some Lumps With The Coal ETF
Friday, April 26, 2019 - 7:59am | 609Declining costs for alternative energy coupled with countries and states pushing for increased use of clean energy sources are among the factors weighing on the global coal industry. The VanEck Vectors Coal ETF (NYSE: KOL) is up nearly 9 percent year-to-date, indicating some investors still have...
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Big Chip Q1 Earnings Preview: A Focus On Industry Downturn, Product Delays, Competitive Dynamics, New Tech
Thursday, April 25, 2019 - 11:26am | 947Corporate profit expectations for the first quarter are muted, with most analysts bracing for S&P 500 profits to decline for the first time since the second quarter of 2016. Semiconductor and semiconductor equipment makers could see their profit drop 23 percent year-over-year, according to...
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Q1 Earnings Season: What To Expect
Thursday, April 11, 2019 - 3:10pm | 555The first-quarter reporting season is imminent, and a lot of the debate centers around whether corporate profit growth — which has been a key pillar of economic growth — will continue to catch fire. S&P 500 earnings have increased every quarter since the second quarter of...
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A Precarious State For The South Africa ETF
Wednesday, March 6, 2019 - 3:30pm | 487The iShares MSCI South Africa ETF (NYSE: EZA), the largest exchange traded fund dedicated to stocks in Africa's largest economy, is up about 6 percent this year. On the surface, that sounds pretty good, but upon further examination, EZA looks weak and vulnerable to some downside. What Happened...
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How The Government Shutdown Impacted Earnings
Wednesday, January 30, 2019 - 10:33am | 415The partial government shutdown spanning five weeks between Dec. 22 and Jan. 25 impaired the economy, with the Congressional Budget Office estimating that fourth-quarter GDP will be reduced by $3 billion. The residual impact could hit Q1 GDP by $8 billion, according to CBO estimates...