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SINGULARITY FUTURE TECHNOLOGY LTD.

(SGLY)
  Report
Delayed Nasdaq  -  12:11 2022-09-29 pm EDT
2.560 USD   -1.54%
09/07Singularity Future Technology Ltd. : Change in Directors or Principal Officers (form 8-K)
AQ
09/07Singularity Future Technology Ltd. Announces Termination of Tuo Pan as Chief Financial Officer
CI
08/31North American Morning Briefing: Stocks Look to -2-
DJ
SummaryQuotesChartsNewsCompanyFinancialsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

CapitalGainsReport: 5 Fintech Stocks To Buy Ahead The Sector Rebound

04/22/2022 | 07:02am EDT

There's a broad selection of financial technology, or fintech companies to for investors to watch. Problem is, many fintech stocks have struggled so far this year.

In addition, market dynamics such as sector rotations and rising interest rates have pressured payment stocks. Competition has intensified as well-funded startups challenge industry incumbents.

Investors who believe in fintech should start to look at emerging companies in the space such as,

Sino United Worldwide (OTCMKTS:SUIC) is a next-generation capital source for enterprises creating an ecosystem for supply chain finance that leverages decentralized finance (DeFi), blockchain technology, and decentralized supply chain finance (de-SCF) technology to improve and innovate commerce.

Read More Here: https://capitalgainsreport.com/2022/04/19/sino-uniteds-otcmkts-suic-de-fi-ecosystem-explained/

Singularity Future Technology Ltd (NASDAQ:SGLY) - Earlier on in the month of April 11 Singularity Future Technology Ltd announced that it had formed a Bitcoin mining site joint venture with the firm Golden Mainland Inc.

It was announced at the time that the joint venture between the two parties was looking to invest as much as $250 million for the purpose of creating 1 GW worth of mining sites in Ohio, Texas, and other states in the United States. The sites would have the capacity of more than 300,000 miners.

LendingClub Corp (NYSE:LC) The company is scheduled to report its e first quarter of 2022 on Wednesday, April 27, 2022, during after-market hours.

The stock has lost about 70% from its 52-week highs set back in November despite earnings results were quite good over the past couple of quarters. Investors have historically viewed LendingClub as a risky unproven fintech platform, which makes unsecured personal loans to U.S. consumers for bulk purchases or to refinance credit card balances.

Analysts expect LendingClub to grow earnings another 73% in 2023, and the stock only trades at less than 7 times those forward estimates.

Draftkings Inc (NASDAQ:DKNG) stock continues to hit a new low. The stock has lost over 25% in the past month and is off 78% from its 52-week high of $64.58.

The next trigger for the stock could be the company's upcoming first quarter 2022 results, which is scheduled to be on May 6, 2022.

Analysts are estimating the company to report a loss of $1.16 a share on revenue of $414.69 million. In a year-ago quarter, the company had reported a net loss of 87 cents a share on revenue of $312.28 million.

UiPath Inc (NYSE:PATH) - Enterprise automation software firm UiPath is one of the leaders in its industry and earlier this week on Monday it announced that it had gone into a strategic partnership with NCS.

As per the provisions of this partnership, the two firms are going to work on deploying enterprise-level automation capabilities. The partnership is aimed at helping NCS become one of the biggest firms in its industry in the Asia Pacific region. At this point in time, it may be a good idea for investors to consider adding the UiPath stock to their watch lists.

Toast Inc (NYSE:TOST) - Toast is best known for operating an all-in-one digital platform that is meant for restaurants. Earlier on in the week on Monday, the company was in the news after it announced that it had come up with a new solution called Toast for Quick Service. It is a purpose-built solution that is aimed at providing support to quick-service restaurants of varying sizes.

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. Capital Gains Report 'CGR' is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. CGR has been compensated three thousand dollars via wire transfer by Sino United

to produce and syndicate content related to SUIC. As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website.

CONTACT: Mark McKelvie

mark@capitalgainsreport.com

(754) 233-0966

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
DRAFTKINGS INC. -3.90% 15.225 Delayed Quote.-42.19%
LENDINGCLUB CORPORATION -4.01% 11.13 Delayed Quote.-51.99%
SINGULARITY FUTURE TECHNOLOGY LTD. -1.54% 2.56 Delayed Quote.-45.49%
TOAST, INC. -6.90% 17.515 Delayed Quote.-45.72%
UIPATH INC. -4.64% 12.33 Delayed Quote.-70.00%
All news about SINGULARITY FUTURE TECHNOLOGY LTD.
09/07Singularity Future Technology Ltd. : Change in Directors or Principal Officers (form 8-K)
AQ
09/07Singularity Future Technology Ltd. Announces Termination of Tuo Pan as Chief Financial ..
CI
08/31North American Morning Briefing: Stocks Look to -2-
DJ
08/17North American Morning Briefing: Investors Seek -2-
DJ
08/12Singularity Future Technology Ltd. : Change in Directors or Principal Officers (form 8-K)
AQ
08/12Yang Jie Resigns as CEO of Singularity Future Technology Ltd
CI
07/14North American Morning Briefing: Bank Earnings -2-
DJ
07/07North American Morning Briefing: Stocks to Extend -2-
DJ
06/24Singularity Future Technology Ltd. : Other Events (form 8-K)
AQ
06/09North American Morning Briefing: Dow Futures -2-
DJ
More news
Financials (USD)
Sales 2021 5,15 M - -
Net income 2021 -6,82 M - -
Net cash 2021 44,3 M - -
P/E ratio 2021 -4,09x
Yield 2021 -
Capitalization 57,1 M 57,1 M -
EV / Sales 2020 1,78x
EV / Sales 2021 0,79x
Nbr of Employees 43
Free-Float 91,5%
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Managers and Directors
Lei Cao Chairman, President & Vice President
Shi Qiu Chief Technology Officer
Jing Shan Chief Operating Officer
Tie Liang Liu Independent Director
Wang Heng Independent Director
Sector and Competitors