Text size Ncino headquarters. Courtesy of nCino. NCino, which provides cloud-based software for financial institutions, experienced more than a 150% increase in its shares on its first day of trading. NCino shares opened at $ 71 and were trading at $ 77.20, a 150% increase in the Nasdaq stock market …
Read More »Major banks are hauling ‘big fees’ on debt and equity underwriting during the coronavirus crisis
Cash could be king during a crisis. But for the major investment banks that help the Federal Reserve do “whatever it takes” to maintain the flow of credit during the pandemic, the ace in the hole has been capital market commissions. Drink JPMorgan, Chase & Co. JPM, + 0.57%, which …
Read More »Why the S&P 500 is underperforming despite the US’s inability to contain COVID-19
AFP via Getty Images Here’s a weird twist to American exceptionalism: American stocks, as measured by the S&P 500 benchmark, hold up against their European rivals, despite US coronavirus cases rising again and threatening economic recovery, while European countries seem to have the outbreak largely under control. Coronavirus update: Global …
Read More »Variations on some topics: investors flock to the ETFs you’ve heard so much about
Investor interest in the exchange-traded thematic funds skyrocketed in the second quarter, according to a report released Monday. Thematic ETFs are funds that identify “powerful and disruptive macro-level trends and underlying investments that will benefit from the materialization of those trends,” wrote analysts at Global X, a thematic issuer of …
Read More »Why has President Trump’s attitude toward the coronavirus been an “incredible gift” to investors?
“ “ Trump talking about the COVID-19 risk gave investors an incredible gift: It kept the markets resilient much longer than they should, and allowed us to ensure that our portfolio was positioned sensibly. ” “ That’s Axon Capital co-founder Dinakar Singh, winking at the president and his handling of …
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