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Fintech Focus For October 23, 2020
Thursday, October 22, 2020 - 7:11pm | 2440Read More...Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...
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Barron's Picks And Pans: Alibaba, AllianceBernstein, Pfizer And More
Sunday, October 11, 2020 - 6:30pm | 914Read More...This weekend's Barron's cover story discusses why the lagging industrials could be poised for a decade of outperformance. Other featured articles discuss how American manufacturing can be reinvigorated and the coming wave of consolidation in investment management. Also, the prospects for a...
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'Fast Money' Picks For August 24
Saturday, August 22, 2020 - 4:41pm | 174Read More...On CNBC's "Fast Money Final Trade," Tim Seymour said Gap Inc (NYSE: GPS) had some painful lessons and it failed some classes. He sees some signs of rationalization and growth and he likes the stock. The revenue growth in Alibaba Group Holding Ltd - ADR (NYSE: BABA) is gigantic and we...
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Jack Ma's Ant Group To List In Hong Kong, Shanghai, Targets Valuation Of $225 Billion: Report
Saturday, August 22, 2020 - 4:29pm | 408Read More...What happened: Jack Ma’s Ant Group Ant Group intends to file for dual listings in Hong Kong and Shanghai targeting a valuation of about $225 billion, a Bloomberg report said. Ant Group is Alibaba Group Holding Ltd – ADR’s (NYSE: BABA) fintech arm and one of China’s dominant...
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Benzinga's Bulls And Bears Of The Week: GM, Intel, Walmart And More
Saturday, August 22, 2020 - 2:53pm | 891Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. This past week's bullish calls included automaker and retail giants. Fast food and semiconductor stocks were among the bearish calls. The stock market returned to record highs last week as a remarkably...
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Fintech Focus For August 11, 2020
Monday, August 10, 2020 - 6:14pm | 2346Read More...Daily Perspective: The definition of market prices is whatever the Fed says it will be. - Minerd Fintech Movers: The Federal Reserve recently announced the FedNow Service, which it said will be rolled out in a phased approach, with a target service date of 2023 or 2024. - Benzinga Coinbase hires...
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Alibaba, Tencent Among Stocks Hit By US-China Tension; Jobs Number A Step In Right Direction
Friday, August 7, 2020 - 10:14am | 2511Read More...Investors might be breathing a sigh of relief as Friday’s jobs report didn’t sound too many alarms about the U.S. economy. At the same time, there could be some rough water to navigate on the way to the weekend as China tension mounts and wheels spin in Washington. The U.S....
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Fintech Focus For July 2, 2020
Thursday, July 2, 2020 - 10:46am | 1861Read More...Daily Perspective: If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success. - James Cameron Fintech Movers: In a statement, Federation of European Securities Exchanges (FESE) described the attempt to shorten the European trading day as a...
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Alibaba.com Launches North American Freight Matching Platform
Tuesday, June 2, 2020 - 11:59am | 581Read More...Chinese e-commerce major Alibaba Group Holdings (NYSE: BABA) has announced the launch of Alibaba.com Freight, which will help small and medium-sized businesses (SMBs) to simplify the movement of their bulk freight. The freight matching service will work via a transparent dashboard that lets...
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Alibaba Ends the Retail Week By Beating Estimates
Friday, May 22, 2020 - 10:07am | 606Read More...COVID-19 has cast a cloud over the global economy, but e-commerce is one of the lucky sectors that received some sunshine through those heavy clouds. Already on Wednesday, the largest e-commerce company in China by volume, Alibaba (NYSE: BABA) announced that the number of transactions on its...
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Alibaba's Looking For Black Swan Opportunities
Friday, February 14, 2020 - 10:48am | 1073Read More...Alibaba Group Holding (NYSE: BABA) earnings for the period ended Dec. 31. have topped expectations but coronavirus is having a ‘negative impact' on the business with packages not getting delivered on time, and this uncertainty has caused its stock to fall on Thursday. But on a brighter...
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Gates Foundation Pledges Another $90M To Fight Coronavirus Outbreak
Thursday, February 6, 2020 - 1:07am | 539Read More...The Bill & Melinda Gates Foundation has pledged a commitment of $100 million to fight the coronavirus outbreak that originated from Wuhan city in China, it announced Wednesday. What Happened The non-profit organization founded by Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates and...
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Alibaba's Jack Ma Donates $14M For Coronavirus Vaccine Research Efforts
Thursday, January 30, 2020 - 1:59am | 448Read More...Alibaba Group Holdings Ltd. (NYSE: BABA) co-founder Jack Ma has donated $14 million (100 million yuan) towards the research efforts for developing a vaccine against the novel Coronavirus through his non-profit organization. What Happened $5.8 million from the donation will go towards two government...
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Alibaba, Tencent, HSBC, Other Hong Kong Stocks Drop Over Coronavirus Concerns As Markets Open After Holiday
Wednesday, January 29, 2020 - 6:15am | 604Read More...Hong Kong saw a market-wide drop on Wednesday as markets opened after the Lunar New Year holidays. What Happened Concerns over the spread of novel coronavirus continue as the official death toll rose to 132 by the end of Tuesday (Beijing Time), with 5,974 cases confirmed, as reported by China's...
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Starbucks Losing Ground To Homegrown Luckin Coffee In China
Friday, January 3, 2020 - 12:42am | 259Read More...Seattle-based coffee chain company Starbucks Corporation (NASDAQ: SBUX) is losing ground in China to local competitor Luckin Coffee Inc. (NASDAQ: LK). What Happened Luckin Coffee had 4,500 outlets in China by the end of 2019 against Starbucks' 4,300, the Nikkei Asian Review reported on Friday (...













