Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned. Klarna, which just disclosed its intention to go public in the U.S., will provide loans to Walmart customers in stores and online through the retailer’s majority-owned fintech startup OnePay, according to people with knowledge…

Read More

The Best Five Sectors, #11

Big Moves in Sector Ranking The ranking of US sectors continues to shift. At last week’s close, we saw another big shake-up. All defensive sectors are now in the top five. Technology dropped to last place, while Consumer Discretionary tumbled from #3 last week to #9. Within the top five, Consumer Staples gained one position,…

Read More

DP Trading Room: Upside Initiation Climax?

On Friday DP indicators logged an Upside Initiation Climax. This exhaustion events often mark the beginning of new rallies and could indicate that the market is indeed ready to rebound. However, we do question its veracity given lukewarm trading to begin Monday’s trading. Carl started us off by looking at the DP Signal Tables which…

Read More

Strong drilling results point to growth and upgrades in copper-gold resource

– HIGHLIGHTS: Cygnus’ strategy to create shareholder value by growing the overall Chibougamau Resources and upgrading more tonnes to Indicated category is delivering strong results Recent infill drilling results at the Corner Bay deposit have reconciled positively with the model. Significant intersections include: 7.3m @ 3.1% CuEq from 492.2m (2.7% Cu, 0.5g/t Au & 9.7g/t Ag)…

Read More
Back To Top