Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Clear Street's new platform launches with pre-IPO exposure to Databricks, the AI software company recently valued at $188 billion, with plans to add up to 30 private companies by yearend, CNBC is first to report. The broker says its platform will…
Best Fintech Stocks To Add to Your Watchlist - July 31st
Rocket Companies Turns Around, But Mortgage Risk Remains Rocket Companies, Joint Stock Company Kaspi.kz, IDT, UP Fintech, Wealthfront, LexinFintech, and DeFi Development are the seven Fintech stocks to watch today, according to MarketBeat's stock…
Industrials Up on Cyclical Demand - Industrials Roundup
Shares of industrial and transportation companies rose as traders rotated back into cyclical sectors. A roughly $21 billion U.S. Air Force project to modernize Boeing-made B-52 bombers 'will likely continue to face significant challenges' around…
Credo Stock: What The Market Is Missing (NASDAQ:CRDO)
Kumquat Research 21.08K Followers Credo Technology Group Holding Ltd shares have been dropping, down 30%+ from recent highs. CRDO remains poised for success as its copper and optical portfolios gain momentum. AI capex continues to accelerate, which…
Materials Down on Rate Concerns - Materials Roundup
Producers of metals, grains and other raw materials fell amid concerns about inflation and borrowing rates. Rising oil prices and Treasury yields are creating a countervailing force to a weaker dollar, threatening to slow demand for industrial…
Energy Up After Exxon, Chevron Earnings - Energy Roundup
Shares of energy companies rose after strong earnings from the two largest U.S. oil producers. Exxon Mobil's second-quarter earnings doubled and Chevron posted its highest quarterly earnings on record as energy prices soared during the prolonged…
The Week's 10 Biggest Funding Rounds: Safe Superintelligence And Commonwealth Fusion Lead With Billion-Dollar Deals
Want to keep track of the largest startup funding deals in 2026 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a weekly feature that runs down the week's top 10…
Communications Services Up on Deal Hopes - Communications Services Roundup
Communications-services companies rose amid renewed hope for deal activity. California Gov. Gavin Newsom has expressed concerns about the state's antitrust lawsuit that seeks to block Paramount's acquisition of Warner Bros. Discovery and the…
Utilities Down as 30-Year Yield Gains Continue - Utilities Roundup
Shares of power producers fell as long-term Treasury yields continued to rise. The yield on the 30-year bond completed its biggest monthly gain since December 2024. Utilities are sometimes dubbed 'bond proxies' because of how closely they track…
Consumer Cos Up After Amazon Earnings - Consumer Roundup
Consumer companies rose as strong earnings from Amazon.com and other retailers offset concerns about rising interest rates. Resilient earnings from consumer staples received a mixed reaction. Shares of Sharpie maker Newell Brands rose after it…
Health Care Down on Rotation Out of Defense - Health Care Roundup
Health-care companies ticked down as traders rotated out of defensive sectors into technology companies. Earnings were mixed. Moderna shares fell after the biotech firm said a late-stage trial of its norovirus vaccine candidate didn't meet the…
Financials Up Amid Subsiding Volatility - Financials Roundup
Shares of banks and other financial institutions rose amid deal activity and relief at subsiding volatility. There was a sense that a recent correction in technology investments had ended after Citadel stepped in to buy hedge-fund firm Situational…
Ferguson Enterprises Shares Jump on Inclusion in S&P 500
Shares of Ferguson Enterprises rose after the company was selected for inclusion in the S&P 500 index. Shares were up 9.9% to $257.50 in after-hours trading on Friday. The stock closed up 3.5% at $234.33, and is up 5.3% this year. The plumbing and…
Tech Down After Volatile Week - Tech Roundup
Shares of technology companies slipped after a highly volatile week as a rout in Apple shares offset an Amazon.com rally. Shares of Amazon rose roughly 15% after the online megastore posted an acceleration in quarterly revenue growth at its cloud…
Heritage Global to Wind Down Lending Unit
Heritage Global said it plans to substantially wind down its specialty lending business, a move that is expected to result in a material non-cash charge tied to the write-down of non-performing loans. The asset-services company said Friday it…
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