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UAW Strike Could Put Auto Suppliers, Michigan Economy In Crisis, Analysts Say
Friday, September 15, 2023 - 2:47pm | 728Read More...Three of the leading U.S. automotive companies face uncertainties after a contract dispute with the United Auto Workers (UAW) union was not resolved Thursday night. Union workers at several Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA) are now on...
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Are US Banks On Shaky Ground? Stocks Tumble As Fitch Sounds Alarm On Potential Downgrades
Tuesday, August 15, 2023 - 5:22pm | 553Read More...Fitch Ratings raised alarms about the looming threat of rating reductions for numerous U.S. banks, with even giants such as JPMorgan Chase & Co. (NYSE:JPM) potentially in the crosshairs. Chris Wolfe, an analyst at Fitch, highlighted that while the agency lowered its outlook on the banking...
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Rising Risk: US Banks Face Deposit Flight Threat With Shrinking Profits
Sunday, August 13, 2023 - 9:50am | 578Read More...Moody's, the credit ratings agency, recently issued a new cautionary message concerning the U.S. banking system. What Happened: Moody's shared in a note its decision to lower the ratings of 10 regional banks and that it is contemplating whether to downgrade several major...
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Wall Street Analysts Expect Shelter Price Drops To Lower Inflation, Forcing The Fed To Stop Hiking After May
Friday, April 14, 2023 - 11:45am | 695Read More...A chorus of top Wall Street analysts expect more slowdowns in inflation in the coming months following the release of the CPI data in March, owing to substantial falls in the shelter component that accounts for roughly one-third of the basket. Mark Zandi, chief economist at Moody...
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$100 Invested In Coinbase Today Will Fetch You This Much If It Hits All-Time High Again
Friday, June 24, 2022 - 5:27am | 461Read More...Coinbase Global Inc (NASDAQ: COIN) operates the largest spot exchange for cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the United States but it has recently faced headwinds amid a market slide. Moody's Investors Service on Thursday downgraded...
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Tesla Is One Step Away From Blue-Chip Status, Faces 'High Expectations' Right Now
Wednesday, January 26, 2022 - 3:26pm | 331Read More...Tesla Inc (NASDAQ: TSLA) is set to announce its fourth-quarter financial results after the market closes. The EV company faces "high expectations tonight, that's for sure," Virtus Investment Partners' Joe Terranova said Wednesday on CNBC's "Fast Money Halftime...
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Tesla Debt Upgraded By 2 Slabs At Moody's: Why The Rating Firm Is Bullish On The EV Maker
Tuesday, January 25, 2022 - 7:00am | 588Read More...Credit ratings agency Moody’s on Tuesday raised Tesla Inc’s (NASDAQ: TSLA) debt rating by two slabs, to Ba1 from Ba3, and said the Elon Musk-led company is on track to maintain its dominant position in the electric vehicle space. What Happened: The latest upgrade comes nearly...
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Fintech Focus For June 29, 2021
Monday, June 28, 2021 - 5:51pm | 1864Read More...Quote To Start The Day: “Don't be afraid to give up the good to go for the great.” Source: John D. Rockefeller One Big Thing In Fintech: Randal Quarles, the Federal Reserve’s vice chair for supervision, is out with a new speech on digital money and the main gist is that he...
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Fintech Focus For June 14, 2021
Sunday, June 13, 2021 - 10:13pm | 1829Read More...Quote To Start The Day: "[C]ost-push inflation will be the primary driver of inflation through the remainder of this year and into next. The Fed is betting on this, but if it is wrong, it will be because a wage-price spiral developed, although that is unlikely to occur until the economy has...
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Fintech Focus Roundup For May 16, 2021
Sunday, May 16, 2021 - 8:00am | 772Read More...Public Launches SPAC Pages, Allowing Users Transparency Into The Popular Space Public, a commission-free trading app and investing social network, announced the addition of SPAC Pages, a place where members can learn about key investors, acquisition plans, and at which stage a particular SPAC is...
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Fintech Focus For May 13, 2021
Wednesday, May 12, 2021 - 5:34pm | 1867Read More...Quote To Start The Day: “Man is the cruelest animal.” Source: Friedrich Nietzsche One Big Thing In Fintech: In addition to new venues, more new order types are likely in the US equity market this year. The US Securities and Exchange Commission has approved the introduction of periodic...
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Moody's, Team8 Complete $25M VisibleRisk Investment Amid Bump In Attention To Cyber Risk
Wednesday, May 12, 2021 - 7:01am | 291Read More...Moody’s Corporation (NYSE: MCO), alongside global venture group Team8, formally announced Wednesday the completion of a $25 million investment in VisibleRisk. About: Founded in 2019, VisibleRisk is a joint venture between Moody’s and Team8 developing next-generation methods for...
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Fintech Focus For March 2, 2021
Monday, March 1, 2021 - 6:50pm | 2244Read More...Quote To Start The Day: “A focus on global reach and neutrality could see bitcoin become an international trade currency. This would take advantage of bitcoin’s decentralized and borderless design, its lack of foreign exchange exposure, its speed and cost advantage in moving money, the...
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Fintech Focus For January 29, 2021
Thursday, January 28, 2021 - 6:44pm | 1312Read More...Quote To Start The Day: Knowledge should be rewarded. Source: John Vitti One Big Thing In Fintech: The biggest challenge facing consumers in finance is a lack of trust; it’s tough to discern whether financial institutions are acting in the interest of customers and sharing their values. That...
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Fintech Focus For November 25, 2020
Tuesday, November 24, 2020 - 6:03pm | 1610Read More...Quote To Start The Day: Winning isn't everything, but wanting to win is. Source: Vince Lombardi One Big Thing In Fintech: UBS said that investors will benefit from buying fintech, healthtech, greentech, and 5G stocks as these 4 sectors will disrupt the technology industry and become the...
