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Fintech Focus For December 17, 2020
Wednesday, December 16, 2020 - 6:26pm | 2091Read More...Quote To Start The Day: Pricing an IPO is more of an art than a science. Source: Ran Ben-Tzur One Big Thing In Fintech: A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group...
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Fintech Spotlight: How tZero Is Narrowing The Delta Between Public, Private Assets
Wednesday, December 16, 2020 - 4:07pm | 867Read More...A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group Inc, a subsidiary of Medici Ventures, the venture capital arm of Overstock.com Inc (NASDAQ: OSTK). After spending a...
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Seeking A Greater Fool Than I: Bloomberg Article Points To 'Robinhood Posse' As Pushing IPO Valuations Beyond Good Sense
Saturday, December 12, 2020 - 1:39pm | 405Read More...The IPO frenzy of the past week is part of a larger picture that has taken shape this year, and Robinhood traders are a big part of what's behind it, Bloomberg reports this weekend. Pandemic Idle Time: AirBnB Inc (NASDAQ: ABNB), DoorDash Inc (NYSE: DASH) and C3Ai Inc (NYSE: AI) each saw...
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Fintech Focus Roundup For December 12, 2020
Friday, December 11, 2020 - 6:59pm | 1787Read More...Webull CEO On Crypto Assets, Innovation What Happened: Anthony Denier, CEO of Webull Financial, recently joined "The Raz Report," where he discussed Webull’s expansion into cryptocurrency trading. Denier said Webull is making cryptocurrency a priority for the online trading...
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Fintech Focus For December 10, 2020
Wednesday, December 9, 2020 - 5:44pm | 1806Read More...Quote To Start The Day: Two armies that fight each other is like one large army that commits suicide. Source: Henri Barbusse One Big Thing In Fintech: Stock trading app Robinhood Markets Inc has picked Goldman Sachs to lead preparations for an initial public offering (IPO) which could come next...
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Fintech Focus For December 9, 2020
Tuesday, December 8, 2020 - 6:34pm | 1990Read More...Quote To Start The Day: Webull, founded by Alibaba Group Holding Ltd. alum Wang Anquan, has increased its roster of brokerage clients by about tenfold this year, to more than 2 million, by offering free stock trades with a slick online interface. While that’s still a fraction of the more...
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Fintech Spotlight: How Tickeron's Financial Supercommunity Could Make You Money
Monday, December 7, 2020 - 4:46pm | 669Read More...In the new age of gamified, low-cost democratized investing pioneered by brokerage providers like Robinhood, investors are becoming increasingly active. That’s according to Tickeron founder and CEO Sergey Savastiouk, who told Benzinga that 77% of the 70 million people who identify as...
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Robinhood, Interactive Brokers Experience Major Trading Outages On Monday
Monday, December 7, 2020 - 1:20pm | 358Read More...Trading platforms Interactive Brokers Group, Inc. (NYSE: IBKR) and Robinhood both experienced significant outages on Monday morning, but both were able to get back up and running. As of 11:33 a.m. ET, Interactive Brokers said it expected a “prompt recovery” from the “significant...
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Fintech Focus For December 7, 2020
Sunday, December 6, 2020 - 8:02pm | 1605Read More...Quote To Start The Day: Robinhood’s revenue model could easily disappear. They’ve made it clear that they are comfortable living on this regulatory edge. Source: Tyler Gellasch One Big Thing In Fintech: Congresswoman Maxine Waters has released a wide array of recommended policy changes...
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Fintech Focus For December 3, 2020
Wednesday, December 2, 2020 - 7:25pm | 1957Read More...Quote To Start The Day: Coming hard on the heels of the trade war, the Covid shock will intensify pressure for the diversification and localization of supply chains — just not yet. A year spent in emergency response mode is not a year when projects requiring detailed planning, significant...
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Fintech Focus For November 27, 2020
Thursday, November 26, 2020 - 8:02pm | 1695Read More...Quote To Start The Day: Be polite, be professional, but have a plan to kill everybody you meet. Source: James Mattis One Big Thing In Fintech: Robinhood, creator of the popular stock-trading app of the same name, announced on Friday that Vlad Tenev will be the company's sole chief executive,...
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Zoom Became A Verb And Won Big For NBA Finals MVP Andre Iguodala
Wednesday, November 25, 2020 - 5:55pm | 453Read More...NBA veteran, 2015 Finals MVP and tech investor Andre Iguodala joined CNBC Wednesday to discuss his investment in Zoom Video Communications (NASDAQ: ZM). Iguodala On Zoom: Iguodala said everyone had to get on Zoom during the pandemic. “When you become a verb, that’s when...
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Cramer Says Tesla's Valuation Is Easier To Justify As Tech Company, Not Auto
Tuesday, November 24, 2020 - 10:25am | 311Read More...Jim Cramer shared his first take on the market Tuesday morning and it centered around Robinhood traders and Tesla Inc (NASDAQ: TSLA). Cramer On Tesla: Cramer was asked his thoughts on Tesla, which hit new highs on Monday and was trading higher Tuesday morning. “I’m a big Tesla fan,...
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Short Sellers Are Giving Up Amid COVID Bull Market: Bloomberg
Saturday, November 21, 2020 - 4:27pm | 412Read More...It's not just Tesla Inc (NASDAQ: TSLA) skeptics who have been hit hard this year, as Benzinga noted yesterday. Short sellers in general have had such a terrible go of it that many have given up. That's according to a Bloomberg report today: "So harrowing has it been that bears are...
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Robinhood Co-Founder Steps Down From CEO Position
Saturday, November 21, 2020 - 11:43am | 401Read More...Robinhood co-founder Baiju Bhatt has stepped down as the company’s CEO. What Happened: Fortune reported that Vlad Tenev, the company’s co-founder, is now Robinhood’s single CEO. Bhatt is stepping down from what used to be a dual CEO position but remains the co-founder and...
