The thing about shiny new things, is that they are often dulled by repeated play. Roblox, the virtual world gaming platform, is finding that out the hard way as its muted second quarter guidance — released Thursday morning (May 9) — has since sent the...
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%. The company this week announced preliminary results that showed expected revenue ranges of $248 million...
Alphabet’s stock is reportedly headed toward a $2 trillion market value, driven by investors becoming more optimistic about the company’s strategy in the artificial intelligence (AI) field. Reaching the $2 trillion milestone would be a record for the tech company and would place it among...
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the past five sessions as nCino’s stock soared 23%. The company’s latest earnings results showed that total revenues for...
May 17, 2024
Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or for modernizing payments between merchants and consumers — were dominant in the headlines. With stocks remaining volatile in the wake of those earnings reports, the FinTech IPO Index was 1.7% higher this week. […]
April 26, 2024
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%....
March 29, 2024
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the...
February 23, 2024
Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Upstart and Open...
April 11, 2024
Alphabet’s stock is reportedly headed toward a $2 trillion market value, driven by investors becoming more optimistic about the company’s strategy in the artificial intelligence (AI) field. Reaching the $2 trillion milestone would be a record for the tech company and would place it among the three U.S. firms that have already topped that market […]
March 27, 2024
Robinhood launched a credit card as it continues expanding into financial services. “At Robinhood, we recognize the need for change,” the company, known largely for its trading platform, wrote in a blog...
March 08, 2024
Meal-kit company HelloFresh saw its stock plummet Friday (March 8) in its largest single-day decline since debuting on the market in 2017. The company’s shares dropped to a low of 6.13 euros...
February 15, 2024
Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world’s leading AI chipmaker, disclosed its stake in them as of Dec. 31. This...
