• Apple's Cash Repatriation Plans Fuel Latest Dow Jones Industrial Average Rally

    1 month ago - By ETF Daily News

    Technical analyst Dave Chojnacki of Street One Financial examines Wednesday's massive equities rally, which was helped quite a bit by Apple's big cash repatriation announcement.
    For the second day in a row, futures were up significantly premarket yesterday, and equities jumped higher at the open. Like Tuesday, the VIX was also moving higher, diverging from equities. We began to see the major averages reversing at one point and it looked like we were in for a mirror image of Tuesday's market.
    Then the VIX began moving lower and equities reversed. Apple's new investment announcement and $38...
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  • A startup that's helping big banks tackle one of the most vexing problems on Wall Street has landed $38 million in backing

    A startup that's helping big banks tackle one of the most vexing problems on Wall Street has landed $38 million in backing

    1 month ago - By Business Insider

    Visible Alpha, a technology company that aims to help banks excel in a MiFID world, landed $38 million in a fundraise led by Goldman Sachs.
    The firm counts a slew of Wall Street banks including Bank of America, Citi, and Morgan Stanley, as backers.
    MiFID II, a European regulatory overhaul with far reaching implications on Wall Street research , has arrived. And now banks are asking themselves how they can make their research stand out.
    To help answer that question, a group of big banks led by Goldman Sachs has poured $38 million into Visible Alpha, a financial technology startup, in a...
    Read more ...

     

  • A startup that's helping big banks tackle one of the most vexing problems on Wall Street has landed $38 million in backing

    A startup that's helping big banks tackle one of the most vexing problems on Wall Street has landed $38 million in backing

    1 month ago - By Business Insider

    Visible Alpha, a technology company that aims to help banks excel in a MiFID world, landed $38 million in a fundraise led by Goldman Sachs.
    The firm counts a slew of Wall Street banks including Bank of America, Citi, and Morgan Stanley, as backers.
    MiFID II, a European regulatory overhaul with far reaching implications on Wall Street research , has arrived. And now banks are asking themselves how they can make their research stand out.
    To help answer that question, a group of big banks led by Goldman Sachs has poured $38 million into Visible Alpha, a financial technology startup, in a...
    Read more ...