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Shares Of World's 4th Largest Automaker Stellantis To Begin Trading This Coming Week
Saturday, January 16, 2021 - 10:18am | 383Read More...Stellantis CEO Carlos Tavares The world's fourth largest automaker officially came into existence today. What Happened: The $52 billion merger between Peugeot S.A. and Fiat Chrysler Automobiles NV (NYSE: FCAU), which took a year to finalize because of the COVID-19 disruption, was formally...
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Intercontinental CEO On Chinese Stocks: 'We Are Trying To Do The Right Thing'
Monday, January 11, 2021 - 5:53pm | 377Read More...The New York Stock Exchange is a highly regulated entity, especially in how it deals with Chinese companies, Intercontinental Exchange Chairman and CEO Jeffrey Sprecher said on CNBC's "Squawk on the Street." Government Regulations: The NYSE needs to consider the input from The White...
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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 10:16pm | 1927Read More...Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 8:20pm | 1714Read More...Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...
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Trump Signs Bill That Could Lead To Delisting Of Chinese Stocks Including Nio, Li, Xpeng, Alibaba
Saturday, December 19, 2020 - 1:27pm | 512Read More...U.S. President Donald Trump has signed a bill calling for the delisting of foreign companies that don't adhere to the same accounting transparency standards that securities regulators impose on public U.S. firms. Why It Matters: The Holding Foreign Companies Accountable Act takes aim at Chinese...
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This Day In Market History: NYSE Began Selling Seats On The Floor
Friday, October 23, 2020 - 7:22am | 294Read More...Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened: On Oct. 23, 1868, the New York Stock Exchange put 1,060 seats up for sale to limit access to the trading floor. What Else Was Going On In The World: The U.S. had adopted the 14th...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Read More...Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Fintech Focus For October 9, 2020
Thursday, October 8, 2020 - 7:04pm | 2287Read More...Quote Of The Day: The only person you are destined to become is the person you decide to be. - Ralph Waldo Emerson Fintech Movers: Electronic trading giant Citadel Securities will bolster its already huge presence at the New York Stock Exchange by buying the NYSE market-making business of smaller...
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Record 8 SPACs Go Public In One Day With $3.25B in Proceeds
Sunday, October 4, 2020 - 10:23am | 578Read More...The SPAC market continues to heat up with new names and backers entering the mix every week. A record eight SPACs were expected to price on Friday, raising potentially over $3.25 billion in the process. The 8 SPACs: All eight SPACs were expected to price at $10. The sale of the SPACs starts as...
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Fintech Focus Roundup For September 26, 2020
Friday, September 25, 2020 - 6:09pm | 2006Read More...United Wholesale Mortgage CEO Talks IPO Plans What's Happened: On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc in a deal that would value the firm at $16.1 billion...
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Palantir Says 2020 Growth To Exceed 42%, As It Prepares To Go Public Next Week
Tuesday, September 22, 2020 - 10:59pm | 362Read More...Palanatir Technologies Inc in an updated filing with the U.S. Securities and Exchange Commission on Tuesday said it expects a 42% revenue growth this year. The privately funded software company is set to make its trading debut on the New York Stock Exchange on Sept. 30, according to...
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'Room For Disappointment': Stock Market Update For The Week Ahead
Monday, September 14, 2020 - 7:10am | 2287Read More...The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness in the technology sector. Remember This: “While valuations have hinted to overstretched markets in the past, it’s tough to say where stocks should be trading right now. We just witnessed the...
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Fintech Focus For September 14, 2020
Sunday, September 13, 2020 - 8:52pm | 1823Read More...Quote Of The Day: I failed my way to success. - Thomas Edison Fintech Movers: Coinbase CEO Brian Armstrong doubled down on his past criticism of Apple, highlighting the tech giant's unwillingness to allow certain crypto-related features on its mobile app. - Block Central bankers near a...
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5 Things You May Not Know About Apple Heading Into This Week's Event
Sunday, September 13, 2020 - 6:25pm | 478Read More...As Apple Inc. (NASDAQ: AAPL) gears up for its September 15 event, fans of the iDevice company can expect a spotlight on the Apple Watch Series 6; new iPads; and the rumored Apple One subscription bundle. Those eager to learn more about the iPhone 12 — patience. There's ...
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Fintech Focus For September 3, 2020
Wednesday, September 2, 2020 - 7:16pm | 1857Read More...Quote Of The Day: If opportunity doesn’t knock, build a door. - Milton Berle Fintech Movers: Ethereum’s DeFi ecosystem has amassed at least 166 startups and protocols across 12 verticals, which The Block has mapped out. - Block Bitfinex adds new perpetual contracts. How to earn 7% on...
