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Fintech Focus For November 17, 2021
Tuesday, November 16, 2021 - 7:34pm | 1998One Big Thing In Fintech: Heading into the coronavirus pandemic, several trends among the retail investing public made the industry favorable for new entrants to come in and exploit. Founded in 2020, one of those firms was OUTPRFRM, the fintech that calls itself the independent referee of...
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AI Voice Platform SoundHound Aims To Go Public Via SPAC Merger Valued At $2.1B
Tuesday, November 16, 2021 - 10:20am | 349SoundHound Inc (NASDAQ: SOUN) aims to go public via a special purpose acquisition company (SPAC) merger with Archimedes Tech SPAC Partners Co (NASDAQ: ATSPT), valued at $2.1 billion. Enterprise software firm Oracle Corp (NYSE: ORCL), Koch Industries, MKaNN...
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Fintech Focus For November 16, 2021
Monday, November 15, 2021 - 7:25pm | 1824Quote To Start The Day: "If they don't want you to get inside, they ought to build it better." Source: Harold Finch One Big Thing In Fintech: The Securities and Exchange Commission announced Friday it rejected a bitcoin exchange-traded fund run by VanEck that would have directly...
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Fintech Focus For November 9, 2021
Monday, November 8, 2021 - 7:49pm | 2154Quote To Start The Day: “Velocity of money has been coming down because people have been saving and putting money into assets.” Source: Cathie Wood One Big Thing In Fintech: Fueled in part by the leveraged trade of participants sharing highly speculative trade ideas on platforms like...
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Fintech Focus For November 2, 2021
Monday, November 1, 2021 - 6:28pm | 3017Quote To Start The Day: “Ownership creates empowerment.” Source: Lule Demmissie One Big Thing In Fintech: Money20/20’s latest in-person conference was held Oct. 24-27 at The Venetian Resort in Las Vegas, Nevada. Amidst all the recognition and networking, Benzinga had the...
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Mid-Afternoon Market Update: Dow Jumps Over 200 Points; Tempur Sealy Shares Spike Higher
Thursday, July 29, 2021 - 2:30pm | 810Toward the end of trading Thursday, the Dow traded up 0.62% to 35,149.19 while the NASDAQ rose 0.31% to 14,808.82. The S&P also rose, gaining 0.61% to 4,427.67. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 34,675,350 cases with around 611,...
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Mid-Day Market Update: LendingClub Surges Following Strong Q2 Results; Atreca Shares Plummet
Thursday, July 29, 2021 - 12:10pm | 811Midway through trading Thursday, the Dow traded up 0.55% to 35,122.75 while the NASDAQ rose 0.47% to 14,831.28. The S&P also rose, gaining 0.61% to 4,427.36. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 34,675,350 cases with around 611,800...
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Mid-Morning Market Update: Markets Open Higher; Mastercard Profit Beats Estimates
Thursday, July 29, 2021 - 10:26am | 858Following the market opening Thursday, the Dow traded up 0.44% to 35,085.92 while the NASDAQ rose 0.27% to 14,802.51. The S&P also rose, gaining 0.45% to 4,420.49. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 34,675,350 cases with around 611...
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A Peek Into The Markets: US Stock Futures Mostly Higher Ahead Of GDP, Jobless Claims Data
Thursday, July 29, 2021 - 7:09am | 768Pre-open movers U.S. stock futures traded mostly higher in early pre-market trade ahead of earnings from major companies. Investors are awaiting earnings results from Mastercard Inc (NYSE: MA), Merck & Co., Inc. (NYSE: MRK), Comcast Corporation (NASDAQ: CMCSA) and AstraZeneca plc (NASDAQ:...
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7 Stocks To Watch For July 29, 2021
Thursday, July 29, 2021 - 4:42am | 447Some of the stocks that may grab investor focus today are: Wall Street expects Mastercard Inc (NYSE: MA) to report quarterly earnings at $1.72 per share on revenue of $4.34 billion before the opening bell. Mastercard shares fell 0.2% to $382.88 in after-hours trading. Ford Motor Company (NYSE: F...
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Visa And Mastercard Stand By Binance Amid Exchange's Regulatory Scrutiny
Thursday, July 15, 2021 - 6:36pm | 411While two of the biggest U.K. banks, Barclays and Santander, have stopped working with the world's top cryptocurrency exchange Binance, Mastercard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) have decided to continue working with the firm. What Happened: According to a...
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India's Central Bank Prohibits Mastercard From Registering New Members From Jul 22: Business Standard
Wednesday, July 14, 2021 - 1:16pm | 174The Reserve Bank of India (RBI) has barred global card player Mastercard Inc (NYSE: MA) from onboarding new domestic customers on its network from July 22, Business Standard reports. The central bank's directive follows non-compliance with guidelines on local data storage,...
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Verizon, Mastercard Partner To Integrate 5G To Payments Industry
Tuesday, July 13, 2021 - 12:33pm | 259Verizon Communications Inc (NYSE: VZ) and Mastercard Inc (NYSE: MA) collaborated to deliver scalable innovations from contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions. Verizon and Mastercard aim to unlock Internet of Things (...
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Verizon, Mastercard Partnering On 5G Contactless Payment
Tuesday, July 13, 2021 - 11:40am | 796Financial services giant Mastercard (NYSE: MA) and cellular network provider Verizon announced Tuesday plans for a partnership that would facilitate 5G contactless payments for consumers and small- and medium-sized businesses. By 2023, the two companies hope to create a fully touchless retail...
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New Quarter Feels Familiar As Stocks Wobble Amid Lack Of Momentum Ahead Of Jobs Data
Thursday, July 1, 2021 - 12:14pm | 2483The second half is starting right where the first half finished, with slow, plodding upward movement. We’re off to a new quarter and we’ll see if we can make it six in a row after five straight quarters of gains. Stocks wobbled in overnight trading despite some strength in...