Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis.

Description: The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively.

Source: CNBC.com

Date: Sep 18, 2020

Link: https://www.cnbc.com/2020/09/18/chime-is-now-worth-14point5-billion-surging-past-robinhood-as-the-most-valuable-us-consumer-fintech-.html

Questions for discussion:

  • What does the report say to help explain the success of Chime?
  • Do you think there will be more competitors entering this field?
  • How would you expect the traditional banks to respond?

Posted by & filed under Industry Analysis, Personal Finance.

Description: To manage our money better, often we don’t need to know more. Instead, we need to unlearn what we think we already know.

Source: MarketWatch.com

Date: Sep 18, 2020

Link: https://www.marketwatch.com/story/want-to-retire-rich-start-by-unlearning-some-conventional-wisdom-11600439080?mod=home-page

Questions for discussion:

  • What does the report say about investor thinking?
  • What are your thoughts on the comments in the article?

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Facebook stock is sitting on a critical level of support. Should it fail, it could usher in lower prices. If it holds, here’s what bulls will need to see next.

Source: TheStreet.com – video report

Date: Sep 18, 2020

Link: https://www.thestreet.com/investing/trading-facebook-fb-stock-pullback

Questions for discussion:

  • What does the report say about the technical side of Facebook stock?
  • What is the advice presented?
  • Do you agree?

Posted by & filed under Company Analysis, Financial Planning, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Many banks restarting job cuts put on hold during early days of pandemic

Source: Bloomberg.com/FinancialPost.com – video report

Date: Sep 18, 2020

Link: https://financialpost.com/news/fp-street/cibc-cuts-portfolio-managers-traders-in-drive-for-5-reduction/wcm/561ea7e5-db46-49e8-bf6e-c9b4cc365c8e/

Questions for discussion:

  • What does this retrenchment mean for the industry?
  • Why is it happening?

Posted by & filed under Economic Analysis, Financial Planning, Industry Analysis, Management Issues.

Description: Forget Thanksgiving Day. The start to the holiday shopping season could be October 10, or 10/10/2020, according to Keith Jelinek, managing director in the retail practice at global consultancy Berkeley Research Group.

Source: MarketWatch.com

Date: Sep 16, 2020

Link: https://www.marketwatch.com/story/the-holiday-shopping-season-could-start-on-10-10-2020-with-retailers-hopeful-that-consumers-will-turn-out-early-11600197849?mod=home-page

Questions for discussion:

    • What is the basis for these notions of an earlier start to holiday shopping?
    • Do you agree with this assessment?
    • What should retailers do with the information provided?

Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Apple Inc. and the government of Singapore have partnered on a two-year health initiative dubbed LumiHealth, which is built around tracking and rewarding user behavior through the Apple Watch gadget and an iPhone app.

Source: Bloomberg.com – video report

Date: Sep 15, 2020

Link: https://www.bloomberg.com/news/articles/2020-09-16/singapore-to-pay-citizens-for-keeping-healthy-with-apple-watch?srnd=premium-canada

Questions for discussion:

  • Describe the partnership plan between Apple, government, and consumers?
  • Is this a new business model?
  • What are the benefits for all players involved?

Posted by & filed under Company Analysis, Economic Analysis, Growth & Valuation, Personal Finance.

Description: Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022.

Source: CNBC.com – video report

Date: Sep 08, 2020

Link: https://www.cnbc.com/2020/09/08/general-motors-takes-11percent-stake-and-2-billion-in-equity-in-electric-truck-maker-nikola-.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • Why did the stock jump so dramatically?
  • Do you think it is justified?
  • What does the deal mean for both firms?

Posted by & filed under Governments & Regulators, Growth & Valuation, Market Analysis, Personal Finance.

Description: Every stock market bubble begins with a story, and make no mistake—this is a stock market bubble.

Source: MarketWatch.com

Date: Sep 12, 2020

Link: https://www.marketwatch.com/articles/the-market-is-a-bubble-but-that-doesnt-mean-troubleyet-51599862332?mod=home-page

Questions for discussion:

  • What does the report say about the current state of the market?
  • Do you agree with this assessment and advice?
  • What should investors do with this information, in your opinion?

Posted by & filed under Company Analysis, Industry Analysis, Management Issues.

Description: Jane Fraser, Citigroup’s president, will replace Michael Corbat as chief executive in February as he retires after eight years.

Source: NYTimes.com

Date: Sep 10, 2020

Link: https://www.nytimes.com/2020/09/10/business/citigroup-ceo-jane-fraser.html

Questions for discussion:

  • What does the report say about the changing attitude towards women in this sector?
  • What are your thoughts on the subject?

Posted by & filed under Company Analysis, Growth & Valuation, Personal Finance.

Description: The chief executive of Lightspeed POS Inc. says the company is looking to boost its profile and consider possible acquisitions in the wake of a share sale and stock listing south of the border.

Source: FinancialPost.com

Date: Sep 11, 2020

Link: https://financialpost.com/technology/lightspeed-looking-to-capitalize-on-pandemic-trends-with-u-s-ipo-says-ceo/wcm/f33e6dd5-5721-48e6-988d-2a0ce1547379/

Questions for discussion:

  • Evaluate the statistics reported that would be of interest to investors.
  • Would you recommend buying into this firm today?