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Fintech Focus For May 24, 2021
Sunday, May 23, 2021 - 8:59pm | 1326Quote To Start The Day: “First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end.” Source: Aristotle One Big Thing In Fintech: Robinhood...
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UiPath Provides 'Big Opportunity, But Big Multiple To Match,' Says Analyst Initiating Coverage
Monday, May 17, 2021 - 1:42pm | 485UiPath Inc (NYSE: PATH) shares are up more than 20% since the company priced its April IPO at $56. UiPath automates repetitive workplace processes. The company reported $607.6 million in revenue in the last fiscal year, up 81% year-over-year. At the same time, UiPath’s net loss narrowed from...
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RBC Upgrades Coca-Cola's Stock, Says 'Things Have Changed'
Monday, March 8, 2021 - 2:43pm | 302The case for turning bullish on Coca-Cola Co (NYSE: KO) is simple: "things have changed," according to RBC. The Coca-Cola Analyst: Nik Modi upgraded Coca-Cola's stock from Sector Perform to Outperform with a price target lifted from $55 to $60. The Coca-Cola Thesis: RBC...
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Fintech Focus For February 12, 2021
Thursday, February 11, 2021 - 10:33pm | 2018Quote To Start The Day: We believe that the new commodity upswing, and in particular oil up cycle, has started. Source: JPMorgan One Big Thing In Fintech: This month marks the 50th anniversary of Nasdaq’s launch in 1971. The story of Nasdaq’s first five decades highlights its impact on...
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3 Reasons Why Chipotle's Stock Could Hit $1,650
Thursday, January 14, 2021 - 1:36pm | 300Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) more than tripled from 2020 lows, but the three catalysts ahead make the case for further appreciation in the stock, according to RBC. The Chipotle Analyst: Christopher Carril upgraded Chipotle's stock from Sector Perform to Outperform with a...
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Fintech Focus For November 4, 2020
Tuesday, November 3, 2020 - 8:01pm | 1908Quote Of The Day: The question isn't who is going to let me; it's who is going to stop me. - Ayn Rand Fintech Movers: Voice technology has the potential to improve financial services in more ways than just convenience and accessibility. - SDK.finance Alameda invests $3M in 3Commas. Schwab...
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Fintech Focus For October 19, 2020
Sunday, October 18, 2020 - 9:35pm | 2092Quote Of The Day: Life is really simple, but we insist on making it complicated. - Confucius Fintech Movers: COVID-19 has not slowed crypto M&A. To wit, the value of industry acquisitions in the first half of 2020 has already surpassed that of full-year 2019. - Coindesk Q.ai is disrupting the...
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Fintech Focus For October 15, 2020
Wednesday, October 14, 2020 - 6:26pm | 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 August 10, 2020
Sunday, August 9, 2020 - 9:22pm | 2244Daily Perspective: Only the paranoid survive. - Andy Grove Fintech Movers: Goldman Sachs is seriously considering its own cryptocurrency, possibly a stablecoin, as it significantly expands its digital assets team and appoints a new head to spearhead efforts. - Coindesk Capital markets DLT on cusp...
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Fintech Focus For July 27, 2020
Monday, July 27, 2020 - 10:26am | 2446Daily Perspective: God created war so that Americans would learn geography. - Mark Twain Fintech Movers: Startups can fail for lots of reasons, but Silicon Valley usually says it is “product-market fit.” “Lean startup” culture has taught entrepreneurs to prioritize testing...
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Fintech Focus For July 17, 2020
Friday, July 17, 2020 - 10:21am | 1949Daily Perspective: If we go through this period where we are reopening and reclosing and opening and reclosing, this, in my mind, will have a very negative effect on consumer confidence. - Harker Fintech Movers: Apps like Robinhood are impacting markets in a huge way. - Mohamed El-Erian Intern...
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Roku Analysts On Streaming Growth, Early Q1 Data: 'Path To Profitability Is Unclear'
Tuesday, April 14, 2020 - 12:02pm | 659Roku Inc (NASDAQ: ROKU) estimates that it gained 3 million new accounts in the first quarter and saw streaming hours increase 49% year-over-year — partly thanks to global shelter-at-home orders. “The strength in streaming hours was partially offset by the addition of ‘Are you...
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Analysts Are Divided On Dick's Sporting Goods Despite Huge Q3 Beat
Wednesday, November 27, 2019 - 2:43pm | 589Dicks Sporting Goods (NYSE: DKS) shares skyrocketed after the retailer delivered a big third quarter earnings beat on Tuesday. The company reported a 6% comp gain, its strongest same-store sales since 2013. Premium Footwear Is Boosting Brand Image Following the positive report, Bank of America...
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AMD Option Traders Turn Bullish Following Second Analyst Target Hike
Monday, November 18, 2019 - 1:53pm | 709Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are up more than 3% on Monday following yet another price target hike. Some large option traders are making some unusually large bullish bets that analysts are getting it right on AMD’s upside. The Trades On Monday, Benzinga Pro subscribers...
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Roku Shares Jump After RBC Upgrade
Friday, October 11, 2019 - 10:20am | 280Roku Inc (NASDAQ: ROKU) shares jumped Friday after RBC upgraded the stock on valuation, following a month-long sell-off of the streaming device maker’s shares. The Analyst RBC analyst Mark Mahaney upgraded Roku from Sector Perform to Outperform and boosted the target price from $107 to $155....