Fintech Focus For November 5, 2021
Quote To Start The Day: “Whoever is happy will make others happy too.”
‘Google strikes $1bn ‘cloud’ deal with exchange operator CME Group’ -Financial Times Report
https://www.ft.com/content/f120cd0d-73a9-4b0e-8e3e-e5449f33bbf5?FTCamp=engage/CAPI/app/Channel_Refinitiv//B2B
Fintech Focus For November 3, 2021
Quote To Start The Day: “The thing that makes me worried is not regulation. It’s the potential that…
Morgan Stanley Maintains Equal-Weight on CME Group, Raises Price Target to $234
Morgan Stanley analyst Michael Cyprys maintains CME Group (NASDAQ:CME) with a Equal-Weight and raises the price target from $217 to $234.
Raymond James Maintains Outperform on CME Group, Raises Price Target to $230
Raymond James analyst Patrick O'Shaughnessy maintains CME Group (NASDAQ:CME) with a Outperform and raises the price target from $225 to $230.
CME Group Q3 Adj. EPS $1.60 Beats $1.56 Estimate, Sales $1.11B Miss $1.15B Estimate
CME Group (NASDAQ:CME) reported quarterly earnings of $1.60 per share which beat the analyst consensus estimate of $1.56 by 2.56 percent. This is a 15.94 percent increase over earnings of $1.38 per share from the same
Earnings Scheduled For October 27, 2021
Companies Reporting Before The Bell
• McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.46 per share on revenue of $6.03 billion.
Morgan Stanley Maintains Equal-Weight on CME Group, Lowers Price Target to $217
Morgan Stanley analyst Michael Cyprys maintains CME Group (NASDAQ:CME) with a Equal-Weight and lowers the price target from $229 to $217.
Closing Out the Quarter: Tech Rebounds a Bit but Supply Chain Issues Slam Bed, Bath & Beyond
With Treasury yields losing a bit of their grip and volatility edging lower, stocks have a slight green tint this final morning of the quarter. Barring one of the greatest rallies ever, September is going to be a down month.
Ominous Death Cross Forms On CME Group’s Chart
If history is any guide, there may be trouble ahead for shares of CME Group(NASDAQ:CME). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.