Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SoFi Earnings, Revenue Top Estimates. Here's Why Fintech Stock Tumbled.
SoFi Technologies (SOFI) on Wednesday reported second-quarter earnings and revenue that topped Wall Street targets and increased its full-year 2026 revenue outlook. SoFi stock tumbled nearly 10% as weakness in its technology platform business…
Industrials Down on Rate Hike Concerns - Industrials Roundup
Shares of industrial and transportation companies fell amid fears of rate hikes later in the year. Even as the Federal Reserve kept interest rates steady, Chair Kevin Warsh emphasized the board's commitment to bringing inflation down to the central…
Energy Up With Oil Futures After Iran Strike - Energy Roundup
Shares of energy companies rose alongside oil futures. Iran's surprise missile attack on U.S. forces in Jordan showed Tehran's military leaders would rather risk ramping up the war than play defense or accept a peace deal that would expose them to…
U.S. Futures Mixed, European Stocks Rise
U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.3% in morning trading.
Understanding Healthcare Industry Disruptors And What Comes Next
William Morice II, M.D., Ph.D., President and CEO of Mayo Clinic Laboratories. Healthcare is experiencing constant disruption, from rapid technological advances and evolving care models to reimbursement challenges, regulatory changes and rising…
Future 1H Net Y5.17B Vs Net Y4.57B
Future Corp. (4722.TO) Japan Half-Year Ended June 30 GROUP 2026 2025 Revenue Y38.32 bln Y35.65 bln Operating Profit Y7.38 bln Y7.11 bln Net Profit Y5.17 bln Y4.57 bln Per share Earnings Y58.24 Y51.58 Diluted Earnings N/A N/A Results are based on…
Trinity Industrial 1Q Net Y209.00M Vs Net Y462.00M
Trinity Industrial Corp. (6382.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y9.02 bln Y8.88 bln Operating Profit Y389.00 mln Y633.00 mln Pretax Profit Y576.00 mln Y809.00 mln Net Profit Y209.00 mln Y462.00 mln Per share Earnings…
Canada Investment Summit: Carney's bid to turn global capital into nation-building projects
Canada is preparing to stage a high-profile pitch to global capital. On 14–15 September 2026, Toronto is set to host the first Canada Investment Summit, an event announced by Prime Minister Mark Carney as part of a wider plan to catalyse up…
Knorr-Bremse to Sell Global HVAC Unit to OpenGate Capital
Knorr-Bremse agreed to sell its global heating, ventilation, and air conditioning business unit to OpenGate Capital in a move to focus more sharply on its core technological competencies. Financial details weren't disclosed. The HVAC unit, Merak…
Communications Services Down on Retreat From Risk - Communications Services Roundup
Communications-services companies ticked down amid a flight from risk. Shares of Meta Platforms plunged in late trading, weighing on other social-media issues, after AI spending plans overshadowed the Facebook owner's quarterly earnings growth.
Health Care Down After Mixed Earnings - Health Care Roundup
Health-care companies fell amid mixed earnings. Medical-device maker Boston Scientific cut its full-year growth outlook as it began a new restructuring plan announced earlier this week. GE HealthCare said robust demand during the latest quarter…
Financials Down in the Wake of Fed Statement - Financials Roundup
Shares of banks and other financial institutions fell in the wake of the Federal Reserve's statement, amid concerns that rate hikes would come later in the year. Rate increases later in the year and geopolitical uncertainty are weighing on global…
Materials Up After Fed Decision - Materials Roundup
Producers of metals, grains and other raw materials rose after the Federal Reserve rate decision. The Fed kept rates steady in a range between 3.5% and 3.75% even as three voting members dissented, calling for a hike. Investors were braced for an…
Consumer Cos Down on Oil Price Worries - Consumer Roundup
Consumer companies fell due to concerns about rising oil prices. Oil futures rose by more than 6%, triggering concerns about the impact on discretionary spending. 'That's geopolitical,' said Oliver Pursche, senior vice president at financial…
Pfizer, BioNTech Updated Covid Vaccine Gets Europe Approval
Pfizer and BioNTech's Covid-19 vaccine for the 2026 to 2027 season received approval from the European Commission. The vaccine targets the XFG variant and the companies said that data indicates that the formula draws a strong immune response…
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