Super Micro Computer Shares Slide On Bearish Report From Spruce Point Capital
Spruce Point Capital Management, LLC shared a Strong Sell research opinion on Super Micro Computer, Inc (NASDAQ: SMCI), susceptible to up to 40% – 50% downside risk, or $42.39 – $50.86 per share. The SEC penalized SMCI by $17.5 million and urged CEO Charles Liang to return $2.1 million of profits from stock sales that called for a restatement […]
Analyzing Adobe’s Short Interest
Adobe’s (NASDAQ:ADBE) short percent of float has risen 17.28% since its last report. The company recently reported that it has 4.39 million shares sold short, which is 0.95% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.2 days to cover their short positions on average. […]
How Is The Market Feeling About Wells Fargo?
Wells Fargo’s (NYSE:WFC) short percent of float has fallen 9.09% since its last report. The company recently reported that it has 26.71 million shares sold short, which is 0.7% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.4 days to cover their short positions on […]
Made in the U.S.A.: Natural-Gas Prices
U.S. natural-gas prices took on European color last year. Warm weather and ample storage is bringing prices down to reflect local realities.Read More
European Stocks Are Outshining U.S. Peers
The turnabout underscores how drastically economic expectations have shifted regarding the continent.Read More
Falling Car Prices Will Slow Detroit’s Profit Machine
Used-vehicle values recorded a sharp decline in 2022, and new cars may now be following their lead.Read More
Stocks Tick Higher Following Powell Comments
U.S. stocks rose, as investors parsed Fed remarks indicating a higher-for-longer rates outlook and after comments from Fed Chairman Jerome Powell.Read More
This Week in Fintech: TFT Bi-Weekly News Roundup 10/01
The Fintech Times Bi-Weekly News Roundup on Tuesday 10 January 2023 brings you news of funding successes and fintech partnerships. Job moves Securrency, a developer of blockchain-based financial and regulatory technology, names Nadine Chakar as CEO. Most recently, Chakar served as executive VP and head of State Street Digital. She has also served as a […]
UK Consumers Expect More Support From Their Banks, Reveals GFT
More than half of UK consumers expect their banks to contact them if their spending habits point toward future financial difficulty. A vast proportion of consumers also currently feel anxious when checking banking apps, found digital transformation specialist GFT UK in its recent report. Around 77 per cent of consumers feel a form of anxiety […]
Em Conversa: Mexican Payment Trends With Unlimint Mexico
Em Conversa looks to uncover the secrets in Latin America (LatAm) that have caused the fintech market to boom, from being worth less than $50million in 2016, to $2.1billion in 2022. Ignacio J. Morales, the country manager of Unlimint Mexico, discusses payment trends within Mexico and how they compare to the rest of the region. Ignacio J. […]
