Latest news with #UriGruenbaum
Globe and Mail
02-04-2025
- Business
- Globe and Mail
TipRanks' Acquires Main Street Data, Adding Unique Company KPI Data
TipRanks has acquired Main Street Data, or MSD, a visual-first equity research platform. MSD has unique data that no other platforms offer: Key KPI data on hundreds of publicly traded companies. This data gives brokers a powerful new tool of leading indicator insights to share with their more demanding clients. When combined with AI functionalities, the tool becomes even more powerful. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. The KPI data enables experienced investors to examine the key differentials between similar companies. For example, they can compare total subscribers on Netflix (NFLX) and Disney Plus (DIS), and then assess which stock is adding paid users the fastest. That could potentially reflect in a better-performing stock price. Example: Comparison between Netflix and Disneys' paid memberships. Furthermore, brokers can apply their AI tools (such as AI analyst or Chat) to interpret the KPI data and provide deeper insights. Demanding, high-net-worth clients will appreciate any and every edge, and this data certainly delivers a strong edge. TipRanks' newest acquisition empowers brokers with the ability to differentiate themselves by providing their clients with unprecedented KPI data that can help them stay in front of the market, better predicting stock movements both higher and lower. Uri Gruenbaum, CEO of TipRanks, said, 'Over the last two years we have seen strong demand from trading platforms for advanced research and tools to cater to their bigger clients. At the same time, there has also been increased demand for unique datasets for better AI applications. The acquisition of Main Street Data enables us to assist our enterprise clients with both needs. The unique Company KPI data and charting abilities of Main Street Data further position TipRanks as the leading research platform for non-institutional investors. We continually strive to enhance the user experience at TipRanks, and this acquisition is one more building block along that path.' Joe Kelley, Founder and CEO of Main Street Data, said, 'I'm thrilled to join the TipRanks team as we shape the future of investment research. I founded MSD with the goal of simplifying fundamental analysis and providing unique metrics. With TipRanks, we'll be able to offer unparalleled data, real-time news, and an exceptional user experience to a global audience. Our mission aligns seamlessly with TipRanks' goal: empowering everyday investors with the same insights as top financial institutions.'
Globe and Mail
01-04-2025
- Business
- Globe and Mail
TipRanks Expands Its Expertise with 'Main Street Data' Acquisition
TipRanks has further expanded its level of expertise with last week's acquisition of 'Main Street Data,' a groundbreaking website. Main Street Data (MSD) is a visual-first platform for the fundamental investor. It presents unique, user-friendly datasets that cannot be found on competitors' websites. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. One of the most prominent features of MSD is its customized KPIs (Key Performance Indicators) for any public company. The site provides relevant, up-to-date KPIs of 600 popular companies, giving investors invaluable data to help with their decision-making. For example, for Tesla (TSLA) stock, MSD provides quarterly, company-specific KPIs such as the total amount of Energy Storage Deployed, number of Vehicles Delivered, and number of Active Supercharger Stations opened. Having access to KPI data will allow professional investors to identify early success trends and compare companies based on industry KPIs alongside the companies' financials. Example: Tesla – number of Vehicles Delivered QoQ Additionally, MSD features exclusive charting abilities. Its users can easily create individual or comparison charts about a wide range of companies, drawing from popular metrics such as Cash Flow and Fundamental Ratios. Furthermore, they can chart each company's distinctive KPIs. For example, when charting Apple (AAPL) stock, they can add the distinctive KPI of Gross Profit by Type of Product. Example: Comparison between Netflix and Disneys' paid memberships. This KPI is one of the most prominent factors behind both stocks' recent movement. Integrating MSD's data with TipRanks' proprietary datasets creates an unparalleled experience for investors. It allows investors to benefit from better research and better AI solutions such as the AI Analyst. which TipRanks launched in March. Together, they provide everything needed for in-depth research into stocks and the companies behind them. Uri Gruenbaum, CEO of TipRanks, said, 'I am delighted to incorporate Main Street Data into TipRanks' top-level offerings. The unique company KPIs and charting abilities of Main Street Data further enhance TipRanks' successful efforts in leveling the playing field for everyday investors. We continually strive to enhance the user experience at TipRanks, and this acquisition is one more building block along that path.' Joe Kelley, Founder and CEO of Main Street Data, said, 'I'm thrilled to join the TipRanks team as we shape the future of investment research. I founded MSD with the goal of simplifying fundamental analysis and providing unique metrics. With TipRanks, we'll be able to offer unparalleled data, real-time news, and an exceptional user experience to a global audience. Our mission aligns seamlessly with TipRanks' goal: empowering everyday investors with the same insights as top financial institutions.'
