Financial

JP Morgan (JPM), BlackRock (BLK) post better-than-expected Q3 profits

October 14, 2021 03:16 AM AEDT| By Ipsita Sarkar

Highlights The Morgan Chase & Co’s (NYSE: JPM) net revenue rose 1% YoY in Q3, FY21. The revenue of BlackRock, Inc. (NYSE: BLK) surged 16% YoY in Q3, FY21. BLK’s profit was US$10.89 per diluted share in Q3, FY21, topping analyst.....

Q3 Earnings Snapshot: Pinnacle’s (PNFP) net income jumps to US$136.5 Mn

October 13, 2021 11:35 AM AEDT| By Sanjeeb Baruah

Highlights Pinnacle Financial Partners Inc’s (NASDAQ: PNFP) third-quarter net income was US$136.57 million compared to US$110,64 million in the same period of 2020. Its net interest income for the quarter was US$237.5 million versus US$20.....

Is Affirm (AFRM) on course to become the next PayPal?

October 08, 2021 12:52 PM AEDT| By Team Kalkine Media

Affirm Holdings (NASDAQ: AFRM) stock has been drawing attention from Wall Street investors following its collaborations with the likes of Amazon, Shopify, and Walmart. Although it has recently unveiled major plans for its foray into the buy-now, p.....

Mastercard (MA) launches buy now, pay later (BNPL) scheme

September 29, 2021 09:11 AM AEST| By Team Kalkine Media

Highlights Mastercard (NYSE: MA) has launched the BNPL program to enable consumers to pay for their online or in-store purchases later in interest-free instalments. The company operates in more than 200 countries and accepts over 150 curr.....

10 reasons why US should plan for a digital currency

September 28, 2021 02:09 AM AEST| By Ipsita Sarkar

Private digital currencies like Bitcoin and Ethereum are already being used for payments of goods and services in many countries. But a virtual format of the fiat currency, or central bank-backed digital currency (CBDC), is seriously being pondered.....

Five financial stocks that may benefit from Fed's tapering plan

September 28, 2021 12:17 AM AEST| By Ipsita Sarkar

Many investors are closely watching the financial stocks as the Federal Reserve contemplates stimulus tapering later this year. At its two-day meeting ended on Sep 22, the Fed signaled that it might start withdrawing its asset-buying program as ear.....

Footballer Kavyon Thibodeaux’s $JREAM crypto coin draws attention

September 25, 2021 03:12 AM AEST| By Sanjeeb Baruah

Highlights Footballer Kavyon Thibodeaux launched the $JREAM crypto coin on Thursday. The $JREAM coin started trading at around US$0.26 per coin on the same day; its current circulating supply is 100,000 coins. Kavyon became the second college .....

Crypto exchanges Binance vs Kraken: Where would you like to trade?

September 24, 2021 02:53 AM AEST| By Ipsita Sarkar

The global crypto market has been fast evolving with technological innovation and investment. As the industry continues to expand, new crypto coins are entering the market at a rapid pace. Similarly, crypto exchanges are upgrading their platforms .....

Why are COTI, LTX cryptos drawing attention today?

September 24, 2021 02:02 AM AEST| By Team Kalkine Media

Highlights COTI holds 143rd rank with a live market cap of US$380.8 million, and LTX holds 470th rank, with a live market cap of US$66.2 million. COTI’s circulation is 868.6 million, but its maximum supply is 2.0 billion coins. Lat.....

What are ARCONA, DAI cryptos? All you need to know

September 23, 2021 05:39 AM AEST| By Ipsita Sarkar

Highlights Arcona’s (ARCONA) total market cap is US$1,789,320, and its circulating supply is 15,181,707 ARCONA coins. Dai (DAI) has a total market cap of US$6,094,063,757, and its circulating supply is 6,059,141,618 coins. The Arc.....

Robinhood users may soon be able to send, receive Bitcoins

September 22, 2021 01:45 AM AEST| By Team Kalkine Media

Highlights Robinhood Markets Inc (Nasdaq: HOOD) plans to offer cryptocurrency services for withdrawal or send and receive digital coins. Currently, it allows users to buy, sell, and hold cryptocurrencies like Bitcoin on its platform. Firms lik.....

AMC to accept Ethereum, Litecoin besides Bitcoin for booking tickets

September 17, 2021 10:24 AM AEST| By Sanjeeb Baruah

AMC Entertainment Holdings, Inc. (NYSE: AMC) said on Wednesday that it would accept Ethereum, Bitcoin Cash, and Litecoin besides already accepted Bitcoin for booking online tickets. With the increasing popularity of cryptocurrencies, more and more.....