Wall Street

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests.

Source: en.wikipedia.org

Uber’s IPO Value Pegged At $120B

Uber’s IPO Value Pegged At $120B
Uber’s IPO Value Pegged At $120B
October 16, 2018  |  IPO

For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as $120 billion. According...

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As IPOs Rise, Red Ink Fails To Deter Investors
As IPOs Rise, Red Ink Fails To Deter Investors
October 02, 2018  |  Investments

You know the acronym. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Homebuilder Downgrade A Tough Housing Market Harbinger?
Homebuilder Downgrade A Tough Housing Market Harbinger?
September 21, 2018  |  Real Estate

Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. Get the Full Story Complete the form to unlock this article and...

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JPMorgan Predicts Next Financial Crisis In 2020
JPMorgan Predicts Next Financial Crisis In 2020
September 13, 2018  |  Economy

Citing an analysis by JPMorgan Chase, Bloomberg reported the Wall Street bank doesn’t think the next financial crisis will be as painful as past crises, but...

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Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
August 30, 2018  |  Earnings

Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from $75. Get the...

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Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
August 21, 2018  |  Earnings

Despite an earnings report that came in above what analysts were forecasting for Q2, Kohl’s share price slid after weaker than desired guidance for the...

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Tencent’s Profit Drop Drags On Chinese, Tech Stocks
Tencent’s Profit Drop Drags On Chinese, Tech Stocks
August 15, 2018  |  Earnings

There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside. Get the Full...

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OnDeck Sees Loan Originations Up 26 Pct In 2Q
OnDeck Sees Loan Originations Up 26 Pct In 2Q
August 07, 2018  |  Earnings

OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with...

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Apple Surpasses $1 Trillion In Market Cap
Apple Surpasses $1 Trillion In Market Cap
August 02, 2018  |  Apple

Apple became the first company trading in the U.S. to have a market capitalization of more than $1 trillion, hitting that milestone earlier on Thursday...

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