Latest news with #ChimeFinancial
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer on Chime: 'I Want to Buy It'
Chime Financial, Inc. (NASDAQ:CHYM) is one of the 14 stocks Jim Cramer recently shared insights on. Highlighting its recent IPO, which was originally priced at $27 but opened at $43, a caller inquired after Cramer's thoughts on the company. He replied: 'Okay… Look, I think Chime was part of this, there… [were] a couple of days where no matter what anybody did, the things were going up, and then this one happened and it cost too much and people got nervous about it. $10 billion, Chime, I want to buy it. I think it's going to be good. I think every analyst is going to come out and recommend it. I think you get a good price here, buy the next… at $25.' A portfolio manager analyzing a stock chart, seeking to find the right investments. Chime Financial (NASDAQ:CHYM) is a fintech company that provides a mobile banking app that helps users manage spending, savings, credit building, and access to funds, while emphasizing security and community support. While we acknowledge the potential of CHYM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
6 days ago
- Business
- Yahoo
Chime Financial (CHYM) Jumps 8.93%, Tracks Financial Services Jump
We recently published . Chime Financial, Inc. (NASDAQ:CHYM) is one of the Wednesday's top performers. Chime Financial, Inc. (NASDAQ:CHYM) rebounded by 8.93 percent on Wednesday to end at $31.59 apiece, in line with the rally in the financial services sector amid the broader industry's growing optimism and adoption of digital currencies. This followed the passage of the Stablecoins bill in the Senate last week. Also called the GENIUS Act, it aims to regulate the framework for digital currencies and bolster their adoption and wider use. Stablecoins are a type of digital currency designed to maintain a 1:1 ratio with the US dollar and are widely used by cryptocurrency traders to move funds between tokens. Last week, financial technology companies, including Chime Financial, Inc. (NASDAQ:CHYM), earned a beating from the bill's passage as investors feared that the wider adoption of Stablecoins would pose a threat to traditional payment providers' profit margins and heighten competition in the industry. A digital tablet presenting various payment options alongside an educational lecture on the benefits of diverse capabilities. Various financial services companies have recently announced making a foray into the digital currency industry to keep up with the reshaping payments landscape. While we acknowledge the potential of CHYM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Reuters
7 days ago
- Business
- Reuters
US IPO bounty may be tricky to duplicate: podcast
Follow on Apple or Spotify. Listen on the Reuters app. CoreWeave, Circle Internet Group and Chime Financial all enjoyed dizzying success after their stock market debuts. In this Viewsroom podcast, Breakingviews columnists explain why investors are scrambling to own these companies and how scarcity may be adding to their allure. Follow Jonathan Guilford on X and Linkedin and Aimee Donnellan on LinkedIn. (The hosts are Reuters Breakingviews columnists. The opinions expressed are their own.) Further Reading Dizzying IPO pops benefit from small class size Chime IPO's innovative tune hits a discordant note Circle IPO tethers rival to an unhinged valuation Uncle Sam's stablecoin passion has shaky rationale Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit to opt-out of targeted advertising.
Yahoo
24-06-2025
- Business
- Yahoo
Chime Financial (CHYM) Loses 15% W/W as Senate Passes Stablecoin Bill
Chime Financial, Inc. (NASDAQ:CHYM) is one of the . Chime Financial marked its first week as a publicly listed company in the negative territory, having lost 15 percent to close Friday at $29.53 versus the $34.79 finish on June 13. Its sour trading performance can be owed to the Senate's passage of the Stablecoins bill, which would regulate the framework for the digital currency and heighten competition for traditional payment services providers. Stablecoins are a type of currency designed to maintain a 1:1 ratio with the US dollar and are widely used by cryptocurrency traders to move funds between tokens. A close-up of a computer monitor showcasing the trading of digital currency. Under the administration of President Donald Trump, Stablecoins gained momentum as an alternative payment method, emerging as a potential competitor to traditional payments companies, including Chime Financial, Inc. (NASDAQ:CHYM). While we acknowledge the potential of CHYM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-06-2025
- Business
- Yahoo
Chime Financial (CHYM) Falls 8% as Stablecoins Threaten Traditional Payments
We recently published a list of 10 Stocks Take A Shocking Nosedive. Chime Financial, Inc. (NASDAQ:CHYM) is one of the worst-performing stocks on Thursday. Chime Financial dropped its share prices by 8.13 percent on Wednesday to end at $31.65 apiece as investors soured on the Senate's passage of Stablecoins bill that emerged as a potential competitor to traditional financial technology companies. Stablecoins are a type of currency designed to maintain a 1:1 ratio with the US dollar and is widely used by cryptocurrency traders to move funds between tokens. Under the administration of President Donald Trump, Stablecoins gained momentum as an alternative payments method, emerging as a potential competitor to traditional payments companies, including Chime Financial, Inc. (NASDAQ:CHYM). A customer making a online banking transaction on their mobile device at a local branch. After closing at $37.11 on its first day as a listed company, Chime Financial, Inc. (NASDAQ:CHYM) has seen its share prices decline by 14.7 percent. While we acknowledge the potential of CHYM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
