Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Photo obtained from OnePay website OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and…
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Seaport Research upgraded General Dynamics (GD) to Buy from Neutral with a $376 price target. General Dynamics’ valuation appears attractive…
My top 10 things to watch Friday, Sept. 26 1. The S & P 500 was looking at a higher open this morning after three down days in a row. Core consumer inflation in August rose 2.9% year over year, as expected. Bond yields dropped. Good for mortgage rates. 2. Home Depot , which relies…
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Wells Fargo upgraded Amazon.com (AMZN) to Overweight from Equal Weight with a price target of $280, up from $245. Following…
My top 10 things to watch Sept. 24, Wednesday 1. The S & P 500 was looking at a slightly higher open this morning after breaking a three-session winning streak. Tech stocks, which had been a drag on yesterday’s market, were looking better this morning. The S & P 500 closed Monday at a record…
Hong Kong’s bankers and traders hunkered down at home or booked hotels near their offices as Super Typhoon Ragasa descended on the Asian financial hub. The big international banks, including Goldman Sachs, Morgan Stanley and HSBC Holdings, told most employees to work from home before the typhoon unleashed a deluge of rain and sustained winds…
Perhaps the biggest outcome of the latest U.S.-China trade talks is China’s increased confidence in its homegrown technology. Alibaba and Baidu both saw their stocks surge this past week after news of AI advances and business deals . Huawei touted AI chip systems better than Nvidia’s at the same time as Beijing extended a probe…
By Echo Wang and Milana Vinn -Strava, the popular fitness tracking platform, is looking to hire investment banks for its U.S. initial public offering, people familiar with the matter said. The San Francisco-based company, valued at $2.2 billion in a funding round completed in May, has invited banks including Goldman Sachs, JPMorgan and Morgan Stanley…
The Club’s 10 things to watch Tuesday, Sept. 16 1. The S & P 500 and Nasdaq are set for a higher open this morning, aiming to extend yesterday’s gains. Both indexes closed at record highs to kick off the week. Retail sales increased 0.6% month over month in August, the Census Bureau said, exceeding…
Nvidia’s RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowledge of procurement discussions said. The RTX6000D, designed mainly for AI inference tasks, is seen as expensive for what it does, according to the two…