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Fintech Focus For July 28, 2020
Tuesday, July 28, 2020 - 3:21pm | 2134Read More...Daily Perspective: Only the dead have seen the end of war. - Plato Fintech Movers: 71% of Millennials would prefer to visit their dentists than engage with their banks. - ARK Flat.mx raised $25M for its tech. Paysafe to acquire Openbucks. Apex, Marstone partner on tech. Silvergate a bull on BTC...
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Fintech Focus For July 20, 2020
Monday, July 20, 2020 - 9:27am | 1771Read More...Daily Perspective: Things work out best for those who make the best of how things work out. - John Wooden Fintech Movers: Schwab now manages a record $4.11 trillion in client assets from 14.1 million accounts, having added 1.62 million new clients during the quarter, but still managed to see weak...
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Fintech Focus For July 6, 2020
Tuesday, July 7, 2020 - 10:02am | 1835Read More...Daily Perspective: More debt, more liquidity, more asset reflation. - JPMorgan Fintech Movers: Software services and online education have grown as new unicorn candidates while fintech and branded e-commerce take a back seat in the 2020 crop of new unicorns. - Crunchbase Cora preps SME products....
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'Well-Positioned' Walmart Added To Goldman's Conviction List
Friday, July 14, 2017 - 10:50am | 421Read More...As retailers continue to feel threatened by Amazon.com, Inc. (NASDAQ: AMZN), Goldman Sachs analyst Matthew Fassler still sees Wal-Mart Stores Inc (NYSE: WMT) as “well-positioned.” “We believe that the company is as well positioned as any mass market retailer — in an...
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Focusing On An Alternative To S&P 500 ETFs
Thursday, July 6, 2017 - 9:19am | 648Read More...Goldman Sachs Group Inc. (NYSE: GS) continues bolstering its footprint in the exchange-traded fund business, but the ETF that really helped Goldman assert itself in this industry is the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSE: GSLC). GSLC, which turns 2 years old in September, has...
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FAANG Weakness Problematic For Plenty Of ETFs
Tuesday, June 13, 2017 - 8:28am | 626Read More...Reminding investors that nothing, at least not in financial markets, moves up in a straight line, the fabled FAANG quintet has recently encountered selling pressure. FAANG membership consists of Facebook Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Netflix Inc. (...
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What Are Facebook's 6 Most Important Metrics?
Wednesday, November 2, 2016 - 3:10pm | 561Read More...Facebook Inc (NASDAQ: FB) is scheduled to release it third-quarter results later in the day Wednesday. Headline Numbers The social networking giant is expected to report earnings of $0.97 per share for the quarter, nearly double of the $0.57 per share earned in the year-ago period. Revenues...
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Goldman Raises Shutterfly's Price Target To $50, Remains Neutral
Thursday, July 28, 2016 - 10:18am | 332Read More...Goldman has raised its estimates and price target on Shutterfly, Inc. (NASDAQ: SFLY) after the photo-based products and services provider reported better-than-expected quarterly results. For the second quarter, Shutterfly reported a non-GAAP loss of $0.42 a share versus consensus loss view of $0.59...
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Goldman Downgrades Enbridge Energy Partners To Sell, Enbridge Inc To Neutral
Wednesday, July 20, 2016 - 10:35am | 348Read More...Goldman has downgraded Enbridge Energy Partners, L.P. (NYSE: EEP) to Sell and Enbridge Inc (USA) (NYSE: ENB) to Neutral due to project delays, more challenging fundamentals in the Bakken and oil sands regions, and increasingly strained financials. "From an operational standpoint, we note regulatory...
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A Peek Into The Markets: U.S. Stock Futures Signal Lower Start On Wall Street
Monday, June 27, 2016 - 7:49am | 492Read More...Pre-open movers U.S. stock futures traded lower in early pre-market trade. U.S. international trade report for April is scheduled for release at 8:30 a.m. ET, while the Markit Services PMI for June will be released at 9:45 a.m. ET. The Dallas Fed Manufacturing Business Index for June...
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Is Goldman's Apple Inc. Options Strategy Practical?
Monday, February 8, 2016 - 3:39pm | 301Read More...Apple Inc. (NASDAQ: AAPL) is one of the most traded stocks on the market and Goldman Sachs is one of the most followed firms on Wall Street. Naturally, anything the latter says about the former is passed around by traders. Goldman's latest commentary on Apple comes via CNBC; the firm...
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Apple iPhone Demand 'Deteriorated' In Holiday Quarter, New Goldman Survey Says
Tuesday, January 19, 2016 - 10:17am | 296Read More...Apple Inc. (NASDAQ: AAPL) shares are rising after positive commentary from Goldman Sachs analyst Simona Jankowski. She holds a $155 price target on the tech giant despite the recent selloff, writing that any weak guidance is likely "priced in" shares. Beyond Goldman's buy thesis,...
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6 Trades Goldman Is Recommending In 2016
Thursday, November 19, 2015 - 12:22pm | 417Read More...The end of 2015 is just around the corner, and it’s once again that time of year to start thinking about how to position portfolios for 2016. In a new report, Goldman Sachs analyst Francesco Garzerelli unveiled six top trade ideas heading into 2016. 1. Long USD vs short EUR and JPY...
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Goldman: S&P 500 Will Hit 2,100 By Year's End
Wednesday, September 16, 2015 - 2:32pm | 404Read More...• Despite market uncertainty, Goldman Sachs predicts the S&P 500 will return to the 2100 level by the end of the year. • Goldman believes that the Fed’s first rate hike will come in December. • For now, traders should buy high-quality large-cap stocks and avoid...
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Golar Tanks: Chairman To Dump 34% Stake In Company
Friday, September 5, 2014 - 6:53am | 183Read More...Golar LNG Ltd ((NASDAQ: GLNG) shares tanked in the extended session Thursday when the liquefied natural gas shipper said its chairman will sell up to a 34 percent stake in the company. The company's 69-year-old chairman and president John Fredriksen will sell up to 32 million of the company's 93...
