Amazon takes page from Walmart's playbook to fight Visa's fees

Amazon is justifying plans for a surcharge on Visa credit cards in Singapore by pointing to the costs it pays for handling those transactions. It’s a tactic similar to what other retailers have used to pressure the card network over payment costs. Amazon on Tuesday sent an email to customers in Singapore saying it would… Continue reading Amazon takes page from Walmart's playbook to fight Visa's fees

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Warren Buffett To Reveal Latest Stock Buys And Sells In Berkshire Hathaway's Q2 Filing

Warren Buffett will reveal his latest stock moves as Berkshire Hathaway (BRKB) gets set to post a key regulatory filing in the coming days for the second quarter of 2021. X The highly anticipated 13-F will give an in-depth look into assets Berkshire bought and sold during the second quarter. The company remained a seller… Continue reading Warren Buffett To Reveal Latest Stock Buys And Sells In Berkshire Hathaway's Q2 Filing

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Why Citi is connecting some borrowers with small banks — for free

Citigroup, which has been investing millions of dollars in minority depository institutions, is taking things one step further — it’s going to send them business prospects, too. The company on Tuesday began testing an online lending platform called Bridge that it described as a “meeting place” where small and midsize businesses seeking loans can connect… Continue reading Why Citi is connecting some borrowers with small banks — for free

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IBD Live QA Summary, Stock Lists For Wednesday, Aug. 11, 2021

Most Related Links : todaybiznews Governmental News Finance News Source link Question Answer(s) Ticker of the day. ABBA Awesome ABBA UPST up 20% in pre-market already! Answered live Good Morning IBDL from Memphis! Thanks for joining us! Senate passed 3.5T bill last night, 50-49 Big impetus for the materials plays! MarketSmith graphs do not seem… Continue reading IBD Live QA Summary, Stock Lists For Wednesday, Aug. 11, 2021

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Etsy Stock Sees Relative Strength Rating Improve To 77

Etsy (ETSY) saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 69 to 77. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD’s proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The… Continue reading Etsy Stock Sees Relative Strength Rating Improve To 77

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Upgrade valued at $3.3 billion after new funding

Upgrade, a lending startup that counts former LendingClub executive Renaud Laplanche as a co-founder, raised $105 million in a funding round that values the company at more than $3.3 billion. The round was led by Koch Disruptive Technologies, the investment arm of Koch Industries, Upgrade said in a statement Wednesday. The startup is profitable, according… Continue reading Upgrade valued at $3.3 billion after new funding

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Fintech unicorn Stash is weighing options for going public

The financial technology firm Stash is exploring options for a market listing, such as merging with a special purpose acquisition company or a traditional initial public offering, according to people with knowledge of the matter. “Goldman Sachs acts as our adviser and we continuously assess the market to determine our optimal financing strategy,” Stash co-founder… Continue reading Fintech unicorn Stash is weighing options for going public

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Key Piece Of Hypersonic Missile Propulsion Passes Test

Lockheed Martin (LMT) and Northrop Grumman (NOC) said late Thursday they successfully tested a key piece of a hypersonic missile system for the Army and Navy. X The first stage solid rocket motor fired for the full duration during a ground test and hit its performance objectives, according to a statement from the companies. Eventually,… Continue reading Key Piece Of Hypersonic Missile Propulsion Passes Test

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This Leading Franklin Fund Focuses On Innovation, Some Pre-IPO Bets

The $5.7 billion Franklin Growth Opportunities Fund (FRAAX) ranks among the best mutual funds. The crux of its approach is focus on innovative, fast-growing companies. “We’re not looking for necessarily the hottest companies,” said lead manager Grant Bowers. “Our focus is on quality. We want fast growers that can sustain that growth for three to… Continue reading This Leading Franklin Fund Focuses On Innovation, Some Pre-IPO Bets

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