Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Jupiter Asset Management Ltd. Sells 895,530 Shares of UP Fintech Holding Limited $TIGR
Jupiter Asset Management Ltd. cut its holdings in shares of UP Fintech Holding Limited (NASDAQ:TIGR - Free Report) by 35.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange…
Industrials Up on Tariff Ruling, Data -- Industrials Roundup
Shares of industrial and transportation companies rose as traders weighed tariff developments and economic data. President Trump's global tariffs are illegal, the Supreme Court ruled in a 6-3 ruling that amounted to a stinging repudiation of a…
As high-speed railways saturate China, how far can their global reach extend?
Chinese railway giants look set to scout Eurasia in the years ahead to build high-speed train lines as the domestic market matures and some countries are more prepared than others for capital-intensive yet transformative ventures, analysts said.
U.S. IPO Weekly Recap: IPO Market Stays Fairly Quiet During The Short Holiday Week
One small issuer and four blank check companies went public this past week as the IPO market continued to weather the recent volatility. No deals are currently on the calendar for the week ahead, although some small deals may join the calendar…
Materials Up on Mixed Earnings, Precious Metals Gains -- Materials Roundup
Producers of metals, grains and other raw materials rose slightly. Newmont shares fell after the gold-mining giant said it was remaining conservative with development plans, rather than allowing a spike in gold prices to make it 'starry-eyed.' Gold…
Consumer Cos Up After Tariff Ruling -- Consumer Roundup
Consumer companies rose after the Supreme Court declared the Trump administration's tariffs illegal. Amazon.com and other purveyors of imported goods had taken a hit from the tariffs. The latest tally of the Federal Reserve's preferred inflation…
Steel Dynamics Raises Dividend by 6%
Steel Dynamics raised its quarterly dividend by 6%, to 53 cents a share from 50 cents a share. The new payout, equal to $2.12 a year, represents an annual yield of about 1.1% based on Friday's closing price of $193.39. The dividend is payable on…
Communications Services Up With Risk Appetite -- Communications Services Roundup
Communications-services rose as traders rotated back into risky sectors. Live Nation reported higher sales in its latest quarter driven by demand for concerts, less than two weeks before the company faces a federal antitrust trial. Warner Bros.
Energy Down With Oil, as Iran Tensions Simmer -- Energy Roundup
Shares of energy companies slipped, paring gains for the week, as the U.S. continued to prepare for a military strike against Iran. Oil futures slipped for the session but remained near six-month highs as traders tried to ascertain whether the U.S.
Ajinomoto Foods North America Recalls a Trader Joe's Chicken Fried Rice Product Due to Risk of Glass
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client…
Stocks to Watch: iPower, Savara
iPower said it restructured its supply chain to consolidate vendors and shift toward U.S.-based sourcing. Shares rallied 5% to $3.42 after closing down 3.3% on Friday. Savara received priority review from the Food and Drug Administration for its…
Health Care Down on Rotation to Cyclical Sectors -- Health Care Roundup
Health-care companies ticked down as traders rotated into cyclical sectors. Defensive sectors such as health care had held steady during a retreat from high-risk sectors in recent weeks because of anxiety about the disruptive effects of the…
Financials Up as Private Credit Fears Simmer -- Financials Roundup
Shares of banks and other financial institutions rose in volatile trading as investors tried to come to grips with the scale of risks in the vast new Wall Street category of private credit. Following a recent decision to halt quarterly redemptions…
Skye Bioscience CFO Departs
Skye Bioscience Chief Financial Officer Kaitlyn Arsenault stepped down from her role, effective Feb. 20. Arsenault will receive a severance payment of $450,000 and an additional payment of $45,000 for her 2026 annual bonus, the pharmaceutical…
Tech Up on Rotation Back Into Sector -- Tech Roundup
Shares of technology companies rose as traders rotated back into the sector after a volatile start to the year. Alphabet's Google is exploring new ways to expand the market for its artificial-intelligence chips, seeking to ramp up competition with…
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