Discover and read the best of Twitter Threads about #FINANCE
Most recents (24)
1/ If I had a penny for every CEO out there frustrated with their Controller not handling reporting, and tax planning, and financial analysis, and strategic long term forecasting and dynamic financial modelling...
Accounting and Finance are not the same.
Accounting and Finance are not the same.
2/ They are distinct functions.
They have distinct responsibilities.
And they each require a different focus and set of skills.
They have distinct responsibilities.
And they each require a different focus and set of skills.
3/ Accounting looks back conservatively, focusing on reporting, compliance, and record keeping.
Finance looks forward strategically, focusing on analysis & decision-making.
Both play critical & complementary roles in the company's financial success.
Finance looks forward strategically, focusing on analysis & decision-making.
Both play critical & complementary roles in the company's financial success.
Daily Web3 News Digest 📰
TL;DR ⤵️
🗞 CoinDCX CEO says imposition of TDS a blow to cryptos in India
🗞 Polygon zkEVM Validium upgrade proposed by co-founder Mihailo Bjelic
🗞 WisdomTree and Invesco file for spot Bitcoin ETFs
Details and more🧵
TL;DR ⤵️
🗞 CoinDCX CEO says imposition of TDS a blow to cryptos in India
🗞 Polygon zkEVM Validium upgrade proposed by co-founder Mihailo Bjelic
🗞 WisdomTree and Invesco file for spot Bitcoin ETFs
Details and more🧵
🗞 According to cryptocurrency exchange @CoinDCX, the application of TDS by the government on digital currency is one of the issues that has recently influenced consumers’ activity.
🗞 @DeutscheBankAG has requested for regulatory approval to act as a crypto custodian in Germany, the bank announced.
Daily Web3 News Digest 📰
TL;DR ⤵️
🗞 Coinbase slams SEC for evading and giving ‘No straight answers’
🗞 Do Kwon denies allegations that he forged passport, blames ‘Chinese’ agency
🗞 JPM says Hinman docs released in Ripple vs SEC case are boosting Ether
Details and more 🧵
TL;DR ⤵️
🗞 Coinbase slams SEC for evading and giving ‘No straight answers’
🗞 Do Kwon denies allegations that he forged passport, blames ‘Chinese’ agency
🗞 JPM says Hinman docs released in Ripple vs SEC case are boosting Ether
Details and more 🧵
🗞 @coinbase has lambasted the United States @SECGov for failing to respond to issues posed in the United States Court of Appeals as part of the ongoing investigation.
🗞 @binance CEO @cz_binance revealed that the company has officially issued a cease and desist letter to the bogus business known as Binance Nigeria Limited.
1/ @PhotonsHedge leads the financial revolution with tokenization, bridging liquidity gaps between traditional assets and on-chain finance. Here, sensitive data are replaced with tokens, ensuring security and efficiency for our investor’s assets.
🧵A Thread
👇👇👇
🧵A Thread
👇👇👇
2/ @BCG predicts a $16T business opportunity by 2030 through tokenizing illiquid assets. However, @PhotonsHedge is prepared to empower its investors with access to untapped markets, diversifying portfolios, and unlocking new investment opportunities.
@BCG 3/ As a financial service provider, @PhotonsHedge leverages platforms like Liquidity Hub by @Ripple that can unlock real-world opportunities with usability and interoperability. This will help provide a seamless bridge traditional fiat system with the new world of crypto.
#learning
Face value of a share :
1/5: 📚 The face value of a share is the initial value assigned to a stock when it is issued. It represents the legal capital of the company and is typically a small fixed amount, such as rs 2 or rs 10 per share. #Finance #Stocks
#facevalue
Face value of a share :
1/5: 📚 The face value of a share is the initial value assigned to a stock when it is issued. It represents the legal capital of the company and is typically a small fixed amount, such as rs 2 or rs 10 per share. #Finance #Stocks
#facevalue
2/5: 💼 The face value serves as a legal requirement and is used in accounting records to determine the company's capital structure and shareholder equity. It helps calculate the value per share and ownership percentages. #Accounting #Investing
3/5: ⚖️ While face value is important for legal and regulatory considerations, it does not directly impact the market value of a share. Market value is determined by factors like supply and demand, company performance, and investor sentiment. #MarketValue #Investment
Thing to note: 👇🏼
#CPI usually inputs a minimum 1%+ move on $SPY $SPX whether that is to the upside or downside on $SPY $SPX $ES_F
#CPI usually inputs a minimum 1%+ move on $SPY $SPX whether that is to the upside or downside on $SPY $SPX $ES_F
The Consumer Price Index (CPI) in August (Sep 13) reflected an 8.3% increase over last year and a 0.1% increase over the prior month, the Bureau of Labor Statistics reported Tuesday. Expectations were 8.1%
Missed expectation $SPY FELL BIG!
Missed expectation $SPY FELL BIG!
1/10 🧵💡 Why is the US cracking down on #cryptocurrencies, causing significant market volatility. Is the global leader overlooking a trend, or is there a deeper reasoning? 🤔🌐💱 Let's take a look:
2/10 The reasons behind this crackdown are multifaceted 🧩 Critics suggest the U.S.'s primary concern isn't protecting the average investor, contrary to the claims of the @SECGov. #CryptoMarkets #InvestorProtection
3/10 The blooming crypto market, exceeding $2tn in 2021, is pulling capital away from traditional financial systems 🏦 The U.S., among other regulators worldwide, is amplifying its scrutiny of the industry. #Finance #MoneyTalks
1/ $PTON displays a mixed bag with revenue fluctuating between $616.5M in Q1 2023 to $1,133.9M in Q3 2022. While net income remains negative, an improvement in operational efficiency could set the trajectory towards profitability. #Investing
2/ Despite gross margins standing at 24.5%, $PTON's EBIT Margin remains negative at -36.2%. Rising revenues can be encouraging, but the negative bottom line needs scrutiny. #Finance
3/ Net debt of $1,518.8M and net debt/EBITDA at -2.12x might raise eyebrows for $PTON investors. Financial restructuring could potentially be on the cards. However, tread carefully as leverage risks persist. #Investing
1/ Despite a net income that swung from -$30.05M in Q3 2021 to -$34.42M in Q1 2023, $SOFI's revenue shows a steady upward trajectory, going from $269.61M to a projected $463.75M. Turnaround to profitability could be key. #Investing
2/ $SOFI holds a high gross margin of 80.4%, indicative of efficient operations. Though the net income remains negative, rising revenues imply potential. Always remember, the bottom line matters. #Finance
3/ With a net debt of $3.76b, $SOFI’s capital structure hints at high leverage. Could this be a potential red flag or an opportunity for capital restructuring? Scrutinize wisely. #Investing
1/ With steady revenue growth from $31.7M in Q3 2022 to $52.7M in Q1 2024, $PL is navigating in the right direction despite negative net income and cash flow. Improved efficiency could be the key to profitability. #Investing
2/ $PL maintains a steady gross margin at 51.8%, a positive sign amidst a challenging negative LTM EBIT Margin of -84.7%. Growing revenues suggest future potential but keeping an eye on the bottom line is crucial. #Finance
3/ In assessing $PL, consider its societal impact. The company's Earth-imaging tech could play a pivotal role in our future. However, keep in mind the negative figures: ROE at -25.6% and ROIC at -29.5%.
📰 DIA Ecosystem Weekly News 📰
Here is a recap of important news within the $DIA Ecosystem from the previous week.
A Thread 🧵
Here is a recap of important news within the $DIA Ecosystem from the previous week.
A Thread 🧵
✅ New data source validated @opensea
@opensea has been validated as a data source for the #DIA platform by the #DIA #DAO community.
Read more 👇
@opensea has been validated as a data source for the #DIA platform by the #DIA #DAO community.
Read more 👇
🎉DIA DAO x Relative Finance
@DIAdata_org has announced its partnership with @relativefi.
#Relative #Finance has successfully integrated a custom #DIA xFloor oracle which provides it with fully customized real-time price feeds for a variety of #NFT collections.
@DIAdata_org has announced its partnership with @relativefi.
#Relative #Finance has successfully integrated a custom #DIA xFloor oracle which provides it with fully customized real-time price feeds for a variety of #NFT collections.
Today, many startup founders wonder how to write a great blurb for their firms. Well, it's not rocket science, but effort has to be there! A twitter thread...
#startups #blurb #intro #pitch #gist #economics #business #finance #investment
#startups #blurb #intro #pitch #gist #economics #business #finance #investment
A great blurb always helps startup owners effectively introduce their products & services to their target audience. Besides increasing the sales, a short yet crispy blurb can also attract investors for startup funding. It can be a tool to attract the best talents, too. #HR #IT
Your startup blurb should be different for different purposes, but here’s what a great blurb should consist of:
-A pitch within 25 words.
-Use bullet points to highlight relevant stuff.
-Additional context
-A pitch within 25 words.
-Use bullet points to highlight relevant stuff.
-Additional context
How to AutoFit cell sizes in Excel!
🗂️ Don’t forget to save this post!
#excel #exceltips #exceltricks #spreadsheets #corporate #accounting #finance #workhacks #tutorials
🗂️ Don’t forget to save this post!
#excel #exceltips #exceltricks #spreadsheets #corporate #accounting #finance #workhacks #tutorials
Level up in Excel + AI in one hour!!! 💃🏼 You’re invited to a FREE live Excel + AI class with Miss Excel!
• Session 1 - Wed, May 31 at 9am EST: event.webinarjam.com/register/54/mg…
• Session 2 - Thur, June 1 at 2pm EST: event.webinarjam.com/register/55/6o…
Note: This tweet contains affiliate links
• Session 1 - Wed, May 31 at 9am EST: event.webinarjam.com/register/54/mg…
• Session 2 - Thur, June 1 at 2pm EST: event.webinarjam.com/register/55/6o…
Note: This tweet contains affiliate links
In this 1 hour power-packed session, you will learn our top Excel tricks + tips on how to leverage AI Tools like ChatGPT to save you hours in your week!
🗓️ Two date / time options (same content at each):
• Wed, May 31 at 9am EST
• Thur, June 1 at 2pm EST
🗓️ Two date / time options (same content at each):
• Wed, May 31 at 9am EST
• Thur, June 1 at 2pm EST
How to alternate row colors in Excel!
🗂️ Don’t forget to save this post!
#excel #exceltips #exceltricks #spreadsheets #corporate #accounting #finance #workhacks #tutorials
🗂️ Don’t forget to save this post!
#excel #exceltips #exceltricks #spreadsheets #corporate #accounting #finance #workhacks #tutorials
Level up in Excel + AI in one hour!!! 💃🏼 You’re invited to a FREE live Excel + AI class with Miss Excel!
• Session 1 - Wed, May 31 at 9am EST: event.webinarjam.com/register/54/mg…
• Session 2 - Thur, June 1 at 2pm EST: event.webinarjam.com/register/55/6o…
Note: This tweet contains affiliate links
• Session 1 - Wed, May 31 at 9am EST: event.webinarjam.com/register/54/mg…
• Session 2 - Thur, June 1 at 2pm EST: event.webinarjam.com/register/55/6o…
Note: This tweet contains affiliate links
In this 1 hour power-packed session, you will learn our top Excel tricks + tips on how to leverage AI Tools like ChatGPT to save you hours in your week!
🗓️ Two date / time options (same content at each):
• Wed, May 31 at 9am EST
• Thur, June 1 at 2pm EST
🗓️ Two date / time options (same content at each):
• Wed, May 31 at 9am EST
• Thur, June 1 at 2pm EST
1/ Hey frends! Have you heard the news? @PythNetwork is now officially live on the @injective #mainnet, bringing a whole new level of possibilities for #dApps and the #Injective community!
Let's dive into what this integration means and how it impacts the world of #DeFi🌐
#INJ
Let's dive into what this integration means and how it impacts the world of #DeFi🌐
#INJ
2/
Pyth is an #oracle network that revolutionizes the way real-world data is brought #onchain
Through its innovative low-latency pull oracle design, Pyth publishes continuous real-world #data, inc. prices, for various markets spanning equities, #commodities, forex pairs & #crypto
Pyth is an #oracle network that revolutionizes the way real-world data is brought #onchain
Through its innovative low-latency pull oracle design, Pyth publishes continuous real-world #data, inc. prices, for various markets spanning equities, #commodities, forex pairs & #crypto
3/
With this integration, #Injective #dApps now have seamless access to #Pyth's #onchain #data, empowering #developers and users alike to leverage real-world #asset information within the #blockchain environment. This is a game-changer for Injective's #ecosystem! 🆙
With this integration, #Injective #dApps now have seamless access to #Pyth's #onchain #data, empowering #developers and users alike to leverage real-world #asset information within the #blockchain environment. This is a game-changer for Injective's #ecosystem! 🆙
So many "useful idiots" who are promoting a World Economic Forum agenda involving extreme frugality, fanatical saving, and a zero consumption mindset. Adopting mediocrity so you can live a life on par with a broke co-ed is not a financial plan. Here's 7 things to do instead:
#1) Don't become a Klaus Schwab stooge and adopt "settling for less" as a financial strategy. Real financial freedom doesn't involve budgets, stock market allegiance, and blind hope and patience.
#2) Start a business. But not just any business, it must be a business that meets the CENTS commandments, of pertinence, it must eventually divest yourself from the "time-for-money" trade and work while you're not working. Systems work 24/7. You work whenever.
Daily Web3 News Digest 📰
TL;DR ⤵️
🗞 India based WazirX says Binance has maintained control over WRX token
🗞 Bankrupt Voyager will now be able to pay back creditors
🗞 Bitcoin mining difficulty rises 3.2%, a new all time high
Details and more🧵
TL;DR ⤵️
🗞 India based WazirX says Binance has maintained control over WRX token
🗞 Bankrupt Voyager will now be able to pay back creditors
🗞 Bitcoin mining difficulty rises 3.2%, a new all time high
Details and more🧵
🗞 As the conflict between @WazirXIndia and @binance continues, @WazirXIndia has emphasised Binance’s current supremacy over the WRX token.
🗞 The United States Bankruptcy Court for the Southern District of New York has allowed the bankrupt @investvoyager to begin repaying its creditors.
To be a top-tier FP&A analyst, there are 30 methods and skills you need to master:
1/30 Financial analysis
It's a method of evaluating a company's financial health by analyzing its financial statements and other economic indicators.
It's a method of evaluating a company's financial health by analyzing its financial statements and other economic indicators.
2/30
Variance analysis is the process of comparing actual results to expected results to identify and analyze the reasons for deviations.
Variance analysis is the process of comparing actual results to expected results to identify and analyze the reasons for deviations.
1/ 🚨👀Attention investors!
Institutional partnerships in the blockchain space are key indicators for identifying potential cryptocurrencies that could experience price appreciation.
Let's dive into why you should pay attention to these partnerships.
A Thread 🧵👇👇👇
Institutional partnerships in the blockchain space are key indicators for identifying potential cryptocurrencies that could experience price appreciation.
Let's dive into why you should pay attention to these partnerships.
A Thread 🧵👇👇👇
2/ The @CantonNetwork, spearheaded by @digitalasset, is set to revolutionize the way institutions and financial assets connect. This groundbreaking blockchain solution emphasizes enhanced privacy, improved control, and reduced costs. Get ready for a new era of finance!
@CantonNetwork @digitalasset 3/ By teaming up with reputable institutions like @GoldmanSachs and @Microsoft, the @CantonNetwork combines financial expertise with technological prowess. This collaboration holds immense potential to shape the future of finance and unlock new opportunities for investors.
Learning data science on your own is tough...
...(ahem, it took me 6 years)
So here's some help.
5 Free Books to Cut Your Time In HALF.
Let's go! 🧵
#datascience #rstats #R
...(ahem, it took me 6 years)
So here's some help.
5 Free Books to Cut Your Time In HALF.
Let's go! 🧵
#datascience #rstats #R
1. Mastering #Spark with #R
This book solves an important problem- what happens when your data gets too big?
For example, analyzing 100,000,000 time series.
You can do it in R with the tools covered in this book.
Website: therinspark.com
This book solves an important problem- what happens when your data gets too big?
For example, analyzing 100,000,000 time series.
You can do it in R with the tools covered in this book.
Website: therinspark.com
2. Geocomputation with #R
Interested in #Geospatial Analysis?
This book is my go-to resource for all things geospatial.
This book covers:
-Making Maps
-Working with Spatial Data
-Applications (Transportation, Geomarketing)
Website: r.geocompx.org
Interested in #Geospatial Analysis?
This book is my go-to resource for all things geospatial.
This book covers:
-Making Maps
-Working with Spatial Data
-Applications (Transportation, Geomarketing)
Website: r.geocompx.org
Thing to note: 👇🏼
#CPI usually inputs a minimum 1%+ move on $SPY $SPX whether that is to the upside or downside on $SPY $SPX $ES_F
#CPI usually inputs a minimum 1%+ move on $SPY $SPX whether that is to the upside or downside on $SPY $SPX $ES_F
The Consumer Price Index (CPI) in August (Sep 13) reflected an 8.3% increase over last year and a 0.1% increase over the prior month, the Bureau of Labor Statistics reported Tuesday. Expectations were 8.1%
Missed expectation $SPY FELL BIG!
Missed expectation $SPY FELL BIG!
Business schools can polish the resume and traits of many start-up founders in dire need of leverage and exponential growth, these include
Business schools can help founders develop a passion and an ambition for their ventures, as they expose them to different areas of business, inspire them with success stories, and challenge them to pursue their goals
Business schools can also help founders enhance their problem-solving skills and their innovation-savvy, as they teach them how to analyze complex situations, apply critical thinking, and leverage technology to create value
How to build a FP&A department?
Here is my take based on my 14 years of experience.
Here is my take based on my 14 years of experience.
Building a successful FP&A department requires thoughtful structuring, including:
- Business segmentation
- Customer and product channels
- Regional distribution and collaboration
- Performance management
- Business segmentation
- Customer and product channels
- Regional distribution and collaboration
- Performance management
- Cross-departmental partnership
- Technological investment
- Reporting hierarchy
Duties, experience, knowledge, and partnership responsibilities should be aligned with the strategic plan and supported by connected software.
- Technological investment
- Reporting hierarchy
Duties, experience, knowledge, and partnership responsibilities should be aligned with the strategic plan and supported by connected software.
Enjoy 6 sets of excellent lecture notes on Big Data Asset Pricing prepared by Lasse H Pedersen (AQR, Copenhagen Business School)
Some of the topics covered: Factor construction, multiple testing, machine learning, predictability,....
#lecturenotes #finance
Here we go: ->🧵
Some of the topics covered: Factor construction, multiple testing, machine learning, predictability,....
#lecturenotes #finance
Here we go: ->🧵
Lecture 1: A Primer on Asset Pricing
papers.ssrn.com/sol3/papers.cf…
Lecture 2: A Primer on Empirical Asset Pricing
papers.ssrn.com/sol3/papers.cf…
papers.ssrn.com/sol3/papers.cf…
Lecture 2: A Primer on Empirical Asset Pricing
papers.ssrn.com/sol3/papers.cf…
Lecture 3: Working with Big Asset Pricing Data
papers.ssrn.com/sol3/papers.cf…
Lecture 4: The Factor Zoo and Replication
papers.ssrn.com/sol3/papers.cf…
papers.ssrn.com/sol3/papers.cf…
Lecture 4: The Factor Zoo and Replication
papers.ssrn.com/sol3/papers.cf…
