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Wall Street is getting increasingly bullish on Snap. Here’s what analysts are saying about its blockbuster quarter. (SNAP)

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Shares of Snap jumped as much as 17% after the company reported second-quarter earnings and user growth that handily beat Wall Street expectations.  The company reported that its flagship product, Snapchat, added 13 million daily active users in the second quarter across both major mobile operating systems and throughout several geographic regions. Here’s what Wall...
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BLOCKCHAIN IN BANKING: An inside look at four banks’ early blockchain successes and failures

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This is a preview of the Blockchain in Banking research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Fintech industry research reports. Since its emergence at the start of the decade, blockchain has been heralded as one of the most transformative technologies for financial services. Blockchain hype has led...
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Boeing’s credit outlook was just cut to ‘negative’ by a ratings agency, which cited the 737 Max crisis (BA)

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Fitch Ratings downgraded its outlook for Boeing to “negative” from “stable” amid continued problems surrounding the still-grounded 737 Max aircraft.  The ratings agency said the damage to Boeing’s image, along with costs associated with the 737 Max remaining grounded, will be important to watch over the next year. Boeing has struggled since two deadly crashes...
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A financial planner gives every client a 3-step checklist to start building wealth, no matter how much money they have

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Building wealth starts with a three-step checklist, according to certified financial planner Sophia Bera. No matter how much money you have today, Bera suggests simplifying, streamlining, and automating your finances. While it may take time to get through these tasks, the result is an organized system that helps you manage your money automatically. Visit Business...
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The only company to ever beat Uber at its own game is reportedly looking to raise $2 billion to keep growing (UBER)

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One of Uber’s biggest competitors, Didi Chuxing, is looking to raise $2 billion in fresh funding, The Wall Street Journal reported Wednesday.  In 2016, Uber sold it’s Chinese operations to Didi after competing unsuccessfully for three years in the country.  The new funding could value Didi at $62 billion, making it one of China’s most valuable...
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Pivotal, part of the Dell empire, is making a big bet on the Google-created Kubernetes cloud software as it rights the course after a ‘train wreck quarter’ (PVTL)

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On Tuesday, Pivotal announced an alpha version of Pivotal Application Service for Kubernetes, which allows developers to ship, secure, and run code on the popular open source cloud project started by Google engineers. Pivotal CEO Rob Mee says he hopes this product will get customers excited and open up sales opportunities, while also plugging what...
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THE FUTURE OF FINTECH 2019: The five megatrends reshaping the financial services value chain (GOOGL, AAPL, WF, GS, FNF, FB, IBM, BAC, MER-K, BCS, PYPL, SQ, AMZN, BABA, C)

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This is a preview of a five-part slide deck from Business Insider Intelligence. To learn more about Business Insider Intelligence, click here.  The pace of change in financial services has never been faster. In only the first quarter of 2019, Apple Card sent a shock wave through the credit card space, FIS’ $35 billion Wirecard acquisition set...
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‘Spider-Man: Far From Home’ had no problem crushing newbies ‘Crawl’ and ‘Stuber’ at the box office

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“Spider-Man: Far From Home” wins the domestic box office for a second-straight weekend, earning $45.3 million this weekend. The Sony release now has a global total of $847 million. The movie is on pace to become the highest-grossing “Spider-Man” movie of all time (“Spider-Man 3” is the the top to date with $891 million worldwide)....
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