Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
HK's role as a 'super-connector' in the HSITP as Northern Metropolis tackles land unaffordability: Fintech forum
Hong Kong is using its unique role as a 'super-connector' and targeted cross-boundary policies to establish the Hong Kong-Shenzhen Innovation and Technology Park (HSITP) as a global technology hub, HSITP ecosystem development director Anita Chau…
Fintech Safirum Launches Swiss Franc Stablecoin
The Swiss franc is serving as the basis of value for an increasing number of digital stablecoins. (Illustrative image) The race among providers of a Swiss franc-pegged stablecoin is gaining momentum. On Tuesday, the Swiss fintech company Safirum…
Top Fintech Stocks To Research - November 3rd
3 Stocks Built for Higher Rates—And 2 That Could Break Rocket Companies, Joint Stock Company Kaspi.kz, and Wealthfront are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of…
Industrials Up After Strong DuPont, Columbus McKinnon Earnings - Industrials Roundup
Shares of industrial and transportation companies rose after strong earnings. DuPont shares rallied after the maker of specialty materials such as Tyvek house wrap returned to profitability in the third quarter. Shares of Columbus McKinnon, which…
Energy Down as Oil Futures Hold Losses - Energy Roundup
Shares of energy companies fell as oil futures held their hefty Monday losses, hovering around $96 a barrel in New York as traders tried to assess the likelihood of peace negotiations in Iran. Shares of Marathon Petroleum slipped despite the oil…
Financials Down After Apollo Earnings - Financials Roundup
Shares of banks and other financial institutions fell after one major Wall Street investment firm posted a quarterly loss. Shares of Apollo Global Management fell sharply after it swung to a third-quarter net loss of $1.06 billion due to…
UP Fintech Holding Limited (NASDAQ:TIGR) Stock Rated 'Hold' by Sell-Side Analysts
UP Fintech Holding Limited (NASDAQ:TIGR - Get Free Report) has earned an average rating of 'Hold' from the six analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two…
Materials Down Sharply as Dollar Gains - Materials Roundup
Producers of metals, grains and other raw materials fell sharply as the U.S. dollar gained against rivals. Dollar-sensitive gold futures closed within 1.1% of their lows for the year. Investors rotated out of bets on rate cuts amid skepticism about…
Utilities Down as Yields Rebound - Utilities Roundup
Shares of power producers fell as Treasury yields rebounded. The yield on the 10-year Treasury had its largest gain since Sept. 28, as traders reversed bets on a moderation in inflation. The SPDR Select Sector Utilities exchange-traded fund, which…
Stock Market Today, Nov. 3: Grab Holdings Jumps 9% on Q3 Revenue Beat and Raised 2026 Outlook
Grab Holdings (GRAB +9.09%), a Southeast Asian super-app for ride-hailing, delivery, and fintech services, closed at $3.12, up 9.09%. The stock rose after Grab reported Q3 revenue above estimates and raised its full-year 2026 outlook. Investors are…
Consumer Cos Down Amid Spending Fears - Consumer Roundup
Consumer companies declined amid fears that persistent inflation would crimp spending. Lufthansa issued a cautious growth forecast for the year due to rising fuel costs. Canadian franchisor Foodtastic, owner of chains such as Dunkin' and Pita Pit…
Badger Meter Acquires 37South
Water Technology company Badger Meter said it acquired Australia's 37South, a utility technology and remote monitoring company based in Melbourne. 37South has served Australia's utility sector since 2008 as a provider of ultra-low powered RTU and…
Midterm election betting hits record $1.4B as prediction platforms go mainstream
People across the United States are betting on this year's midterm races at record levels for US election betting. More than $1.4 billion has been wagered on the midterms, according to the platforms and industry research. Prediction market…
Tech Up as AI Bets Rebound - Tech Roundup
Shares of technology companies rose as traders rotated back into high-risk artificial-intelligence backers. Shares of Oracle rose sharply as traders bet the software maker would be able to digest AI-infrastructure debt. Shopify shares slid after…
Health Care Down on Fears of New Regulation - Health Care Roundup
Health-care companies fell amid concerns about new regulations in the event of a Democrat midterm election sweep. Pfizer shares fell, paring robust gains for the year, after the drug maker boosted its growth projections for the year, as momentum in…
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