In today’s top payments news around the world, TravelPerk is buying Click Travel for an undisclosed amount, while Grubhub and Yandex SDG are teaming for robotic delivery on university campuses. Plus, ContextLogic B.V. (CLBV) has received a payment services license from the Dutch Central Bank. Spain’s TravelPerk Snaps Up UK’s Click Travel Corporate travel and spend management firm TravelPerk is purchasing corporate domestic travel company Click Travel for an amount that was not made… Source link
Read More »Which Fintech Stock Is A More Compelling Buy?
The advent of technology is changing banking, resulting in artificial intelligence’s (AI) deployment in data collection, data integration, and analysis. According to an IndustryArc report, the Fintech market is expected to grow at a compounded annual growth rate (CAGR) of 8.7% between 2021 to 2026, and is anticipated to be worth $161.2 billion by 2026. Using the TipRanks stock comparison tool, let us compare two retail companies, SoFi Technologies and Upstart Holdings, and see how Wall Street… Source link
Read More »2 ‘Strong Buy’ Stocks to Ride the Crypto Wave
Crypto currencies have been around long enough that we can’t really describe them as ‘the next big thing’ anymore – they’re here and they’re part of the financial landscape. For stock traders, the rise of crypto brings a unique opportunity – not only in crypto currencies themselves, but in the technology that supports them. The blockchain technology that makes crypto secure, and the digital mining operations that generate new units of crypto currency, require a strong foundation… Source link
Read More »2 “Strong Buy” Stocks Trading at Rock-Bottom Prices
We’re halfway through the year, and while the markets have been volatile, investors are having a good time so far. The S&P 500 has gained 11% year-to-date, and the tech-heavy NASDAQ has gained 9%. With the Fed keeping interest rates at historic lows, stocks are offering better rates of return – and they are keeping ahead of inflation, as well. But while the overall markets are up, individual stock performance can and will vary. Which means that in the midst of a general rising trend,… Source link
Read More »Goldman’s Currie Says Buy Commodities Dip, Bull Case Intact
(Bloomberg) — The latest steep selloff in commodities markets is a buying opportunity, according to Jeff Currie at Goldman Sachs Group Inc., one of the sector’s biggest bulls. The Bloomberg Commodity Spot Index slumped 3.6% Thursday for its biggest one-day drop in almost 14 months, with soybeans and platinum giving up their gains for the year. The complex has been hit by several bearish factors: the Federal Reserve’s signals on potential interest-rate increases, plus a stronger dollar,… Source link
Read More »3 ‘Strong Buy’ Stocks That Are Heavily Shorted
Shorting stocks can bring an investor serious profits – but there’s commensurate risk, as well. Basically, the short trader is betting that a stock will fall in price; it’s the opposite of most stock trading, in which the investor wants the shares to gain. Gaining, of course, is the risk in a short trade. There’s no ceiling on a stock’s potential gains, and in theory, a particular stock can see its price increase infinitely. But in a short sell, the trader has made the initial… Source link
Read More »‘If you see a deal, you should buy it’: Frontier Airlines CEO
The sky’s the limit, according to Frontier Airlines (ULCC) CEO Barry Biffle. “Bookings have been surging for several months.” Biffle told Yahoo Finance Live, “If you’re planning on going somewhere, you need to book it, because, you know, people are literally going to run out of seats.” More than 2 million passengers moved through the Transportation Security Administration (TSA) airport checkpoints from June 11 to 13, which is still about 600,000 fewer than the numbers on those days in 2019…. Source link
Read More »JPMorgan Storms Into the Steel Space; Offers 2 Stocks to Buy
COVID is receding and the economy is rebounding. Talk about it, and most analysts will focus on consumer spending, government stimulus, and the rise and fall of jobs numbers. These are important metrics, and they merit their headlines, but they don’t necessarily give a full picture. While the US economy is consumer based – and consumer spending makes up almost three-fourths of the GDP – we cannot discount heavy industry. The steel sector may be old technology, but it’s still a… Source link
Read More »The Bachelor star Matt James to Chris Harrison: ‘Buy bitcoin’
Former “The Bachelor” star Matt James has a piece of advice for Chris Harrison, former host of “The Bachelor”: “Buy bitcoin.” The embattled host received a reported $25 million exit package after leaving the show amid a racism controversy. “The smartest thing that could be done with any of the payout would be to buy as much bitcoin as possible,” James told Yahoo Finance. “Because right now, it’s at an all-time low if you’re looking at the past few months.” James said he sees an… Source link
Read More »Which Search Engine Stock is a Better Buy? By StockNews
© Reuters. Baidu vs. Yandex: Which Search Engine Stock is a Better Buy? Increasing online activities amid remote lifestyles have been upping the usage of search engines. And companies that provide search engines have been benefiting significantly by offering personalized user experiences and efficiently promoting products and services provided by businesses. Despite intense competition, efforts made by Baidu (NASDAQ:) and Yandex (NASDAQ:) to provide secure online services and relevant… Source link
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