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Wen Acquisition Corp Completes $300,150,000 Initial Public Offering
GlobeNewswire News Room· 2025-05-19 21:21
New York, NY, May 19, 2025 (GLOBE NEWSWIRE) -- Wen Acquisition Corp (the “Company”) announced today the closing of its initial public offering of 30,015,000 units, which includes 3,915,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The Company’s units began trading on May 16, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “WENNU.” Each ...
BILL, Remitly, Marqeta Win Analyst Support As Fintech Growth Picks Up
Benzinga· 2025-05-19 18:39
Group 1: BILL Holdings, Inc - JP Morgan analyst Tien-tsin Huang hosted 17 payments and processing firms at the Global TMC Conference in Boston, maintaining an Overweight rating on BILL Holdings with a price target of $55 [1] - BILL is recognized as a category killer in SMB AP Automation, effectively displacing manual and legacy solutions, including paper check processing [1] - Huang sees potential for BILL to reclaim its status as a top growth name through cross-selling recent acquisitions, leveraging partnerships with banks and accountants, and helping SMBs reduce costs via automation [2] - Projected fourth-quarter revenue for BILL is $376 million with an adjusted EPS of $0.41 [2] - As of the last check, BILL's stock is down 0.41% at $46.07 [5] Group 2: Fiserv, Inc - Huang maintains an Overweight rating on Fiserv with a price target of $210, slightly down from $211 [2] - Fiserv is viewed as a dependable growth story, with mid-teens EPS growth driven by double-digit top-line growth, operating leverage, and capital deployment [3] - The company has a solid portfolio, including its Clover product, which is gaining market share and growing faster than peers [3] - Projected second-quarter revenue for Fiserv is $5.19 billion with an adjusted EPS of $2.39 [3] Group 3: Marqeta, Inc - Huang upgraded Marqeta's rating to Overweight from Neutral, with a price target of $6, up from $5 [4] - Marqeta's platform supports card programs in high-growth areas of fintech, including BNPL and digital banking, with notable clients like Block and Affirm [4] - Projected second-quarter revenue for Marqeta is $140 million with an adjusted EPS of $(0.05) [4] Group 4: Remitly Global, Inc - Huang has an Overweight rating on Remitly with a price target of $25, viewing it as a mission-driven disruptor in the remittance market [5] - Remitly is experiencing durable growth with a 34% year-to-date revenue increase and 4% market penetration [5] - Projected revenue CAGR for Remitly through 2027 is 21%, one of the highest in Huang's coverage [5] - Projected second-quarter revenue for Remitly is $385 million with an adjusted EPS of $0.19 [5]
Hewlett Packard Earnings Preview: It Could Go Either Way, With Plenty Of Risks
Seeking Alpha· 2025-05-19 13:06
Group 1 - Hewlett Packard Enterprise Company (HPE) is set to report its second quarter earnings on June 3rd, with significant topics to discuss including delays in its $14 billion Juniper acquisition and trade pressures [1] - The involvement of activist investors is also a key point of interest for HPE as it prepares for its earnings report [1] Group 2 - The company has a focus on sectors such as AI, fintech, finance, and tech, indicating its strategic interests and potential growth areas [1] - HPE's earnings performance and competitive positioning are critical aspects that will be analyzed in the upcoming report [1]
Cisco Q3 2025: The Market Still Doesn't Get It
Seeking Alpha· 2025-05-15 17:26
Cisco Systems, Inc. (NASDAQ: CSCO ) is finally being rewarded for years of hard work, product innovation, smart partnerships, and balance sheet discipline. Fiscal Q3 results came in strong across the board, with revenue and earningsI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial model ...
Honda Earnings: Hybrids Deliver, But Tariffs And EV Delays Weigh Heavily
Seeking Alpha· 2025-05-15 14:58
Honda Motor Co., Ltd. (NYSE: HMC ) just posted its earnings for the fiscal year ending March 2025, and while the top-line growth held up well, the real story is in the details. The companyI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating investment content. I acti ...
LendingClub: Lowering Price Target But Reiterating Buy
Seeking Alpha· 2025-05-15 10:17
Group 1 - The company's earnings per share were reported at $0.10, which would have been nearly $0.17 if not for the last-minute decision to add $8.5 million [1] - The company has been involved in the banking sector for five years, focusing on the intersection between banks and fintech companies [1] Group 2 - The article expresses the author's personal opinions and does not represent any business relationship with the companies mentioned [2] - There is a disclosure that past performance is not indicative of future results, and no investment recommendations are provided [3]
Investview, Inc. (“INVU”) Reports Financial Results and Current Operational and Financial Highlights for the First Quarter Ended March 31, 2025
Globenewswire· 2025-05-14 20:24
Haverford, PA, May 14, 2025 (GLOBE NEWSWIRE) -- Investview, Inc. (OTCQB: INVU), a diversified financial technology services company that offers multiple business units across key sectors, including a financial education division offering tools, products and content through a global network of independent distributors; a manufacturing division focused on proprietary aesthetics, health, nutrition, & cognitive wellness products for wholesale and retail markets, with strategic plans for global expansion; an ear ...
Tower Semiconductor Q1: Solid Quarter, But It's A 'Wait And Watch' Stock
Seeking Alpha· 2025-05-14 19:31
Group 1 - Tower Semiconductor Ltd. (NASDAQ: TSEM) reported a solid Q1 with revenue growth of almost 10% compared to the previous year [1] - Earnings exceeded estimates, indicating strong financial performance [1] - Management anticipates continued revenue growth quarter after quarter throughout the year [1]
Amazon's Project Kuiper: Tariff Catalyst And The $457 Billion Battle With Starlink
Seeking Alpha· 2025-05-12 14:28
Core Insights - Amazon's Project Kuiper is a significant initiative that has been thoroughly researched, revealing extensive data and insights about its potential impact on the market [1]. Group 1: Company Overview - The analysis emphasizes the importance of understanding Amazon's business model, earnings performance, and competitive positioning within the tech and finance sectors [1]. Group 2: Investment Perspective - The author expresses a personal investment in Amazon, indicating a beneficial long position in AMZN shares, which reflects confidence in the company's future growth prospects [2]. - The analysis aims to provide clear and unbiased insights into Amazon's strengths and valuation, assisting investors in forming their own opinions and strategies [1].
Joint Stock Company Kaspi.kz(KSPI) - 2025 Q1 - Earnings Call Presentation
2025-05-12 11:16
1Q 2025 Performance Highlights - Kaspi.kz experienced strong consumer engagement, with 75 monthly transactions per active consumer[9] - Payments platform TPV increased by 23% year-over-year[9] - Marketplace GMV grew by 20% year-over-year[9] - Fintech TFV increased by 17% year-over-year[9] - Consolidated revenue increased by 21% year-over-year[9] - Consolidated net income increased by 16% year-over-year[9] E-Grocery Growth - E-Grocery GMV increased by 64% year-over-year, driven by approximately 1 million consumers[10, 11] Eurobond Issuance and Acquisition - Kaspi.kz successfully issued $650 million Eurobonds at 6250% due in 2030[17, 18] - The company signed an agreement to acquire Rabobank AŞ in Turkey, with an expected investment of approximately $300 million in 2025[19, 20, 21] Hepsiburada Performance - Hepsiburada Marketplace GMV decreased by 15% year-over-year[63, 64] - Hepsiburada revenue decreased by 8% year-over-year[66, 67]