The market caps of payment stocks like Visa and MasterCard have eclipsed the value of the biggest banks, even as their balance sheets remain significantly smaller in comparison.
Archiv für den Monat: September 2020
This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value
Counting the four IPOs this week, software IPOs will have raised roughly $7.8 billion year to date.
Stocks making the biggest moves in the premarket: FedEx, Adobe, Kodak, Tapestry, DraftKings & more
These are the stocks making moves in the premarket, including FedEx, Adobe, Kodak, Tapestry, DraftKings, and more.
Market value of big fintech companies rises to $1 trillion, more than the largest banks
The market caps of payment stocks like Visa and MasterCard have eclipsed the value of the biggest banks, even as their balance sheets remain significantly smaller in comparison.
This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value
Counting the four IPOs this week, software IPOs will have raised roughly $7.8 billion year to date.
Market volatility is set to swell after Election Day, Wells Fargo warns
Wells Fargo Securities’ Michael Schumacher sees unusual election year activity in the options market.
Dow rises 100 points ahead of Fed announcement
U.S. stock futures rose in early trading Wednesday as investors readied for comments from the Federal Reserve later in the day.
FedEx profit, revenue beat as pandemic drives e-commerce bounce
U.S. delivery firm FedEx reported a bigger-than-expected quarterly profit on Tuesday, after price hikes, lower fuel costs and efficiency gains countered negative impacts associated with a pandemic-fueled surge in e-commerce shipments.
Kraft Heinz targets $2 billion in cost cuts over 5 years, sees long-term organic net sales growth of 1% to 2%
Kraft Heinz also raised its third-quarter forecast for organic sales growth.
UK PM Johnson on fisheries
Fishing is contentious
The UK exports the majority of its fish. The EU fishing communities rely on access to UK waters. Expect tough negotiations over fisheries. UK gunning for Norway/EU style deal.
The UK exports the majority of its fish. The EU fishing communities rely on access to UK waters. Expect tough negotiations over fisheries. UK gunning for Norway/EU style deal.