The US federal government has filed a lawsuit blocking Visa Inc.’s (NYSE:V) acquisition of fintech company Plaid, stating that the $5.3 billion acquisition is against antitrust laws. According to the Justice Department, Visa is a monopolist in online debit transactions, […]
Profits of credit card companies Visa Inc. (NYSE:V), MasterCard Inc. (NYSE:MA), and American Express (NYSE:AXP) have been greatly affected by the pandemic as global travel came to a halt. Pandemic impacted profits of credit card companies In the most recent […]
Jason Bond members have been banking on DKNG for quite some time and why not when the stock is at a 50% discount. Draftkings began trading on April 24th, 2020 at $20.49 after a reverse merger with a SPAC Shares […]
The markets are grappling with tech earnings from yesterday that were a mixed bag. Most of the big FAANG (Facebook, Apple, Amazon, Netflix, Google) companies had better than expected earnings but disappointed Wall Street on their forecasts. Of course, also […]
When asked about the type of stocks to buy in the bearish market Nate Bear from Ragingbull.com commented that “If you want to get long stocks, focus on ones that are outperforming the general market. Because when this market does […]
Wayfair (NYSE: W) is about to release its earnings and shorts could very well get burnt. With over 28% Short Float and stock heading to a new 52 week high of $342.40, any positive sentiment could set the stock pricing […]
There is a digital payments boom and a shift from the traditional electronic payments systems. Most countries have had a national payment network authorized by a central authority to transfer money between banks. This is time-consuming as the funds could […]
Amazon.com ‘s (NASDAQ:AMZN) Ring division has unveiled an autonomous drone that can fly in your home for enhanced security of your home as you can see what is happening when not at home. The Always Home Cam, which goes at […]
We have 5 IPOs coming to the market today. Still, it looks like it could be a turbulent day with futures falling hard this morning. Where is that coming from you ask? In the news, this morning, the overnight drop […]
Today our futures are all red. The markets in Asia are mixed and those in Europe are all red. Oil is down this morning and the VIX has continued to edge up also. We are seeing no real direction today […]
