All Finance News
Top stories summarized by our editors
5/24/2019

British augmented reality startup Selerio has been bought by another augmented reality startup, Streem. Selerio's three employees have joined Streem.

Full Story:
TechCrunch
5/24/2019

Cardinal Analytx Solutions, a startup that develops predictive analytics software for health care providers and payers, raised $22 million in its most recent funding round. Investors included Blue Shield California, GuideWell Mutual Holding and Premera Blue Cross.

Full Story:
VentureBeat
More Summaries:
Premera Blue Cross
5/24/2019

Shopify has confirmed it has acquired Handshake, an e-commerce startup tailored to wholesale transactions. A source said the Handshake team has been incorporated into Shopify's extended service operation Shopify Plus.

Full Story:
TechCrunch
More Summaries:
Shopify
5/24/2019

Aurora Innovation, a self-driving vehicle company that has partnerships with Byton, Hyundai and Volkswagen, said it will buy a Montana startup, Blackmore, which develops lidar technology. Toyota has partnered with Blackmore.

Full Story:
Reuters
More Summaries:
Aurora, Toyota, Hyundai, Volkswagen, Byton
5/24/2019

The Securities and Exchange Commission will vote on Regulation Best Interest on June 5. The commission will also decide whether to require financial professionals to provide clients with customer relationship summaries and whether to publish the SEC's interpretation of a standard of conduct for people giving investment advice.

5/24/2019

Technical analyst David Keller, CMT, sees chart readings that suggest bearishness is imminent for the stock market. The S&P 500 is near a key line of support, Keller writes, and "if the SPX has a confirmed break below 2800, the market is in a Dow Theory downtrend."

Full Story:
See It Market
5/24/2019

Trading volume for JPMorgan Chase has slid since December, taking the stock below the 50-day moving average, and technical analyst Bruce Kamich, CMT, sees signals that suggest further decline. Three rallies have failed, and the daily on-balance-volume line and the moving average convergence divergence oscillator suggest an increase in aggressive selling, which could continue a downturn.

5/24/2019

Microsoft has gained about 25% this year, despite a recent 6% decline, but technical analyst Serge Berger says that the stock is heavily overbought and that buyer exhaustion might set in. "To be clear, I am not calling for a collapse in the MSFT stock price, but rather for more of a 'reversion to the mean,' i.e., a somewhat lower price move ahead," Berger writes.

Full Story:
InvestorPlace
5/24/2019

Systemic-risk scores increased during the first quarter at six of the eight global systemically important banks in the US.

5/24/2019

Endeavor Group, one of the biggest talent agencies serving the global entertainment industry, has filed for an initial public offering. The agency, which is reportedly seeking an equity value of almost $10 billion, also owns high-profile organizations such as the Ultimate Fighting Championship league and the Miss Universe competition.