DIRS.INFO The most relevant business & tech news

☆ Wall Street is split on where Coinbase shares go next as the company's legal fight with the SEC begins
▼ + stars: | 2023-06-07 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +8 min

Analysts are split on how Coinbase shares perform from here as the company enters a battle with the Securities and Exchange Commission. Others see this development as a major threat to Coinbase's business, going beyond near-term financial implications. Additionally, with the complaint coming a day after the SEC sued Binance , Coinbase is likely to see new trading volumes near term, she added. "The SEC lawsuit highlights that Coinbase simultaneously operates as a broker-dealer, an exchange, and a clearing agency/custodian," he added. "We also want to underscore that the COIN business model is doing well right now," he added.

Persons: it's, Coinbase's, cryptocurrencies, Cathie Wood, Raymond James, Patrick O'Shaughnessy, SVB MoffettNathanson, Lisa Ellis, Ellis, Binance, Coinbase, Gary Gensler, Canaccord, Raymond James –, Jefferies, Trevor Williams, SEC …, Devin Ryan, Joseph Vafi, Jason Kupferberg, Michael Bloom Organizations: Securities and Exchange, SEC, CNBC, Securities, Coinbase, Bank of America Locations: U.S

☆ Meta vs. TikTok: How they're each using AI to attract advertisers and which one is winning
▼ + stars: | 2023-06-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +14 min

The aim was a similar short-form video service to become more competitive in the space and slow down ad share losses. "This is a key leading indicator for monetization, and any incremental results from AI-driven targeting and measurement would accelerate the market share shift." In a digital advertising market where growth is limited, the battle for market share gains is critical. TikTok's AI strategy TikTok has seen a quick rise in viewership by virtue of predictive AI for content recommendation. TikTok advertisers can place ads through the platform's TikTok Ads Manager , offering automatic audience targeting and measurement tools.

Persons: TikTok, Debra Aho Williamson, Instagram, Aho Williamson, Rohit Kulkarni, Roth MKM, Kulkarni, Roth MKM Kulkarni, Oppenheimer, That's, Brad Erickson, Meta, Erickson, Meta's, Mark Zuckerberg's, Roth, Joe Biden, it's, we're, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique, Lightrocket Organizations: Facebook, TikTok, Meta, Insider Intelligence, Apple, CNBC, JMP Securities, RBC Capital, Citi, —, Oracle, Getty Locations: Beijing, Instagram, U.S, Montana

☆ What could be next for travel stocks as artificial intelligence grows
▼ + stars: | 2023-06-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Best positioned to harness AI Some big travel industry names have already begun experimenting with AI. Wasiolek noted that the company operates as a hybrid online travel agency and metasearch model, while Booking, Expedia and Airbnb , among others, serve as online travel agencies. "The difference is the barriers to entry are higher for online travel agencies because these operators control and manage the relationships with travel suppliers on their platform, while metasearch is simply a platform that hosts online travel agency managed content and content directly from travel suppliers," Wasiolek explained. These platforms represent more direct competition to Tripadvisor than online travel agencies. But success in travel from Google could also pose problems for online travel agencies.

Persons: Wall Street's, Nick Jones, Expedia, Redburn, Alex Brignall, JMP's Jones, Dan Wasiolek, Wasiolek, metasearch, Redburn's Brignall, CNBC's, it's, Michael Bloom Organizations: JMP Securities, ChatGPT, Equity, Google, Holdings, Morningstar

☆ Florida’s homeowner insurance rates are four times the national average. That’s not getting better anytime soon
▼ + stars: | 2023-06-01 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

But no matter how many storms hit Florida this year, the state’s residents are already struggling as they try to get homeowners’ insurance. But in Florida, State Farm has about 7% of the market, according to the Insurance Information Institute, an industry trade group. Just more than half of insurers based in Florida are on the state insurance regulator’s watch list due to their financial health. Homeowners in the state pay private insurers about $6,000 a year, compared to a national average of $1,700. But wind damage to homes and roofs are covered under homeowners’ insurance policies.

Persons: ”, Mark Friedlander, hasn’t, Friedlander, It’s, Hurricane Ian, Harvey, “ We’ve, shortchanging policyholders, Stephen Cain, “, Matthew Carletti, “ They’ve, ” Carletti, There’s Organizations: New, New York CNN — Hurricane, State, Insurance Information Institute, Homeowners, Atlantic, National Oceanic, Atmospheric Administration, Hurricane, NOAA, National Flood Insurance, Insurance, Property Insurance Corp, Citizens Property Insurance Corp, Citizens, Dade, JMP Securities Locations: New York, Florida, South Florida, Miami, Broward, Monroe County, South, Atlantic Coast

☆ Charles Schwab is guiding lower and their stock is stabilizing, says JMP Securities' Devin Ryan
▼ + stars: | 2023-04-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharles Schwab is guiding lower and their stock is stabilizing, says JMP Securities' Devin RyanDevin Ryan, JMP Securities senior research analyst, joins 'Squawk on the Street' to discuss Charles Schwab's modest earnings beat and more.

☆ Approval to build Japan's first casino is a 'major milestone' for MGM, analyst says
▼ + stars: | 2023-04-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApproval to build Japan's first casino is a 'major milestone' for MGM, analyst saysJordan Bender of JMP Securities discusses the Japanese government's approval of a plan to build a $8.1 billion Osaka resort, which would be the country's first casino.

☆ Two financial sector experts discuss the big bank earnings ahead
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial sector experts discuss the big bank earnings aheadStephen Scouten, Managing Director in FSG Research at Piper Sandler, and Devin Ryan, Director of Financial Technology Research at JMP Securities, discuss their expectations for bank earnings.

☆ Peloton shares are on the up — but will it last? Here's what Wall Street thinks
▼ + stars: | 2023-03-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Shares of Peloton Interactive are making a comeback, with the stock up by 30% this year. But many investors who bought into the connected fitness company during the pandemic are still nursing big losses; shares are down 93% from their all-time high in late 2020, currently trading around $10.40. The consensus price target of 30 analysts ($17) points toward a 63% upside over the next 12 months. They also noted that digital-only subscriptions, which are separate from the connected fitness subscribers, fell marginally in the latest quarter. UBS' price target of $8 represents a more than 20% drop from the current share price.

☆ Two financial experts discuss the banking fallout's impact on the markets
▼ + stars: | 2023-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial experts discuss the banking fallout's impact on the marketsRathbone Investment Management Co-CIO Ed Smith and JMP Securities Director of Financial Technology Research Devin Ryan explains the outlook for the markets amid the global banking turmoil.

March 21 (Reuters) - Altimmune Inc's (ALT.O) experimental obesity drug helped reduce weight by over 10% on average in a mid-stage trial, the company said on Tuesday, but safety concerns sent its shares tumbling more than 50%. Wolleben added that the drug showed " a little bit worse" tolerability than previous data. Patients who received a 2.4 milligram dose of Altimmune's experimental drug, pemvidutide, achieved average weight loss of 10.7% at the end of week 24, the company said. The data looked competitive to mid-stage data from Novo Nordisk's (NOVOb.CO) obesity drug Wegovy and Eli Lilly's (LLY.N) candidate for the condition, most analysts said. While Novo Nordisk's drug Wegovy is already available, Lilly expects approval for its obesity drug candidate, tirzepatide, this year.

☆ The U.S. banking system from a capital position is in a good spot, says JMP's Devin Ryan
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. banking system from a capital position is in a good spot, says JMP's Devin RyanDevin Ryan, JMP Securities director of financial technology research director, joins 'Squawk Box' to discuss what the Credit Suisse sale means for the global banking picture and more.

☆ What happened in the banking industry was unsettling, says JMP Securities' Devin Ryan
▼ + stars: | 2023-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat happened in the banking industry was unsettling, says JMP Securities' Devin RyanDevin Ryan of JMP Securities joins 'Squawk on the Street' to discuss his thoughts on the collapse of Silicon Valley Bank and the impact he thinks it could have on both large and regional banks.

☆ JMP Securities' Patrick Walravens weighs in on Zoom earnings
▼ + stars: | 2023-02-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJMP Securities' Patrick Walravens weighs in on Zoom earningsPatrick Walravens, JMP Securities, joins 'Closing Bell: Overtime' to discuss Zoom earnings as shares rise on its revenue beat.

☆ Investor focus on profits over growth will continue in 2023, says JMP's Mark Lehmann
▼ + stars: | 2023-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestor focus on profits over growth will continue in 2023, says JMP's Mark LehmannMark Lehmann, CEO of JMP Securities, joins 'Squawk Box' to discuss CISCO beating profits and revenues, opportunities in the marketplace, and Roku gaining momentum.

☆ DoorDash is headed to Super Bowl, pushing its on-demand grocery business again. Here are 7 key moves it is making to dominate retail delivery after conquering restaurants.
▼ + stars: | 2023-02-12 | by ( Nancy Luna | ) www.businessinsider.com time to read: +13 min

In August 2020, DoorDash launched retail delivery with chains like 7-Eleven and Walgreens. Editor's note: On Sunday, DoorDash is airing its second Super Bowl commercial to promote its grocery delivery business. Lately, DoorDash has its sights set on a new prize — dominance in retail and grocery delivery. "We have more retail stores, grocery included, than any other platform in North America today." DoorDashDoubleDashA year after launching grocery delivery, DoorDash introduced DoubleDash.

☆ Amazon bursts back into the trillion-dollar club as the stock rally allows Big Tech to retake top slots among most valued companies
▼ + stars: | 2023-02-08 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Amazon has returned to the trillion-dollar market-cap club as it continues to rebound after a dismal 2022. The boost to Amazon's market cap comes alongside the resurgence of Big Tech stocks this year. The Amazon stock traded around $99.20 at last check on Wednesday. That, in turn, has helped investors shake off their fear of riskier assets, like tech stocks. Several securities firms are predicting further sizable gains the Amazon stock.

☆ Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl's, Boot Barn and more
▼ + stars: | 2023-01-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California. Check out the companies making the biggest moves in premarket trading:Colgate-Palmolive — The maker of household and personal care products saw shares add more than 1% premarket after Morgan Stanley analysts upgraded the stock to overweight from equal weight. Boot Barn — The retailer was downgraded to neutral from outperform by Baird, which cited concerns over macroeconomic risks for the sector. Boot Barn shed 2.5% during premarket trading. The stock, however, was down more than 1% in premarket trading.

☆ Actor Matthew McConaughey and musician Will.i.am are often involved in company strategy discussions at Salesforce, report says
▼ + stars: | 2023-01-25 | by ( Sawdah Bhaimiya | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Matthew McConaughey and Will.i.am have taken part in corporate strategy discussions at Salesforce, the FT reported. The FT reported, citing a source familiar with the matter, that actor McConaughey and musician and producer Will.i.am are often included in business conversations. McConaughey, meanwhile, has been heavily involved in Salesforce's advertising in recent years, including appearing in its 2022 Super Bowl commercial. According to a different source cited by the FT, McConaughey and Will.i.am are only involved in informal conversations in the business, not meetings around corporate strategy. Salesforce did not immediately respond to a request for comment from Insider about Will.i.am and McConaughey's apparent involvement in corporate discussions.

☆ Salesforce is now facing the very real threat of activist shareholders overthrowing its board and forcing the sale of mega-acquisitions like Slack and Tableau
▼ + stars: | 2023-01-24 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +6 min

Salesforce is now being targeted by a second activist investor: Elliott Management. Activist investors could overhaul Salesforce's board and force it to divest acquisitions like Slack. The cloud software giant is now being targeted by activist firm Elliott Management, which has taken a big stake in the company. Walravens says that the activist firms could encourage Salesforce to rethink its office strategy. The company has invested a lot in a global real estate footprint including its Salesforce Tower headquarters in San Francisco.

☆ Stocks making the biggest moves premarket: Goldman, Pfizer, Cheesecake Factory, Alibaba and more
▼ + stars: | 2023-01-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Goldman Sachs — The bank slid more than 2% after reporting earnings-per-share and revenue that missed Wall Street estimates Tuesday. Morgan Stanley — Morgan Stanley's earnings topped Wall Street expectations Tuesday, thanks, in part to record wealth management revenue. Global Payments — Morgan Stanley upgraded Global Payments to overweight from equal weight on Tuesday, citing a more favorable competitive backdrop and attractive valuation, among other things. Church & Dwight — Morgan Stanley upgraded the consumer goods maker to overweight from equal weight and boosted its price target to $91 from $82. Alibaba — Activist investor Ryan Cohen built a stake in the Chinese e-commerce giant, according to the Wall Street Journal.

☆ Stocks making the biggest moves midday: Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
▼ + stars: | 2023-01-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it reported its worst earnings miss in a decade. Morgan Stanley — The bank stock jumped 6% after the firm reported fourth-quarter earnings that exceeded Wall Street expectations. CEO James Gorman said he's more confident on the markets than the rest of Wall Street, seeing a return of deal-making as soon as the Federal Reserve stops hiking interest rates. Global Payments – Shares rose 3.2% after Morgan Stanley upgraded the company to buy, saying that the upcoming environment will favor incumbents and help shares gain. Citizens Financial Group — The bank stock slipped 2.3% despite posting solid quarterly that met Wall Street's expectations.

☆ Financials will be choppy over next few quarters, says JMP's Devin Ryan
▼ + stars: | 2022-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancials will be choppy over next few quarters, says JMP's Devin RyanDevin Ryan, JMP Securities senior research analyst, joins 'Closing Bell' to discuss Goldman Sachs laying off up to eight percent of the bank's workers in January.

☆ Jim Cramer's top 10 to watch Wednesday: Fed's Powell, Alzheimer's data
▼ + stars: | 2022-11-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club holding Salesforce (CRM) is set to report fiscal third-quarter 2023 financial results after the closing bell Wednesday. Atlantic Equities says there's "no easy fix" at Club holding Disney (DIS) for returning CEO Bob Iger. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Cloud-Security Startup Lacework Taps New CFO as It Weighs IPO
▼ + stars: | 2022-11-17 | by ( Kristin Broughton | ) www.wsj.com time to read: +3 min

Cloud-security business Lacework Inc. on Thursday named a finance chief with public-company experience as the startup lays the groundwork for an eventual initial public offering. He has also held senior finance roles at technology companies ServiceNow Inc. and Hewlett Packard Enterprise Co. At Lacework, Mr. Casey succeeds Mike Staiger, who stepped down in June. Lacework has ample cash from last year’s fundraising round and likely won’t need more capital for at least a couple of years, Mr. Casey said. Additionally, Mr. Casey is helping Lacework adjust its pricing model, for instance by offering customers a wider range of functionalities and price points. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.

☆ Wall Street pushed into digital assets. Now investors are paying the price as FTX's crisis raises questions of a ripple effect in cryptoworld.
▼ + stars: | 2022-11-11 | by ( Rebecca Ungarino | Danielle Walker | ) www.businessinsider.com time to read: +8 min

FTX, the crypto exchange in crisis, found backers in BlackRock, VanEck, and Ontario Teachers. The solvency crisis facing the exchange and its famous CEO raises questions of a ripple effect. Now, in the middle of crypto winter, FTX is in the middle of a solvency crisis. Binance, a rival crypto exchange that was initially going to buy FTX, backed out. "What we like about it is that we're not really speculating on whether prices of crypto assets, bitcoin or otherwise, are going up or down.

Search resuls for: "JMP Securities"

25 mentions found