Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chrysalis Looks to Drop Managers as UK Fintech Fund Sells Assets
Chrysalis Investment Ltd. 's fund managers have pushed back against a plan that would see them lose control as the London-listed fintech fund sells down its portfolio after years of underperformance. The board plans to divest Chrysalis' holdings…
Prediction-market ETFs may open the door to all sorts of Wall Street tomfoolery
If you invest with fintech platforms like Webull BULL or Robinhood Markets HOOD, you may already be seeing prediction markets for things like college basketball games or the Winter Olympics. Now it may not be long before every brokerage account has…
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…
Intuit (INTU) Carries a Strong Market Position and an Impressive Brand Portfolio
Intuit Incorporated (NASDAQ: INTU) is one of the 12 oversold software stocks to invest in. On February 2, Intuit Incorporated (NASDAQ:INTU) revealed a long-term partnership with Affirm (AFRM), which will make Affirm an exclusive pay-over-time…
Chemours Shares Fall on Wider Loss From Market Headwinds
Shares of Chemours fell after the company reported a wider fourth-quarter loss, partially due to challenging market conditions. The stock dropped 9.9% to $18.39 in premarket trading. As of Thursday's close, it was up 73% this year. The company…
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…
Peak XV raises $1.3B, doubles down on AI as global VC rivalry in India heats up
Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds. The firm, which now manages more than $10 billion in assets, is sharpening its focus on artificial intelligence and cross-border bets amid…
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.
Why Islamic finance could provide an ethical model for funding the green transition
In recent years, green finance has become a key policy in developed countries. The term refers to the loans and investments that fund the transition to a low-carbon economy. But one of the main challenges in this area is the gap between…
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…
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