Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Is Now the Time to Buy MercadoLibre Stock After Hedge Fund Linonia Initiated a Position Worth Over $225 Million?
According to a May 15, 2026, SEC filing, Linonia Partnership LP initiated a new position in MercadoLibre (MELI 0.78%) during the first quarter, purchasing 130,261 shares. The estimated value of the trade is $251.28 million, calculated using the…
Global tech job losses: Is 'AI-washing' the new trend nobody wants to call out?
ANOTHER WEEK, ANOTHER round of tech sector job losses being attributed to the rise of AI. Meta has informed the Irish Government that it plans to cut up to 20% of its Irish workforce and 10% globally, roughly 350 of the company's 1,800 Dublin-based…
Empire FX, Taurex, 4XC, and More: Executive Moves of the Week
!'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} !'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} Taurex appointed Matthew Wright as its Global…
Speakers at leadership summit emphasise on sustained deliberation on role of AI in critical sectors
Pro Chancellor of KLE Technological University Ashok Shettar has emphasised the need for a sustained deliberation on the role of Artificial Intelligence and its implications across critical sectors such as education, banking, defence, and…
3 Cryptocurrencies to Watch as the Clarity Act Heads to the Senate
Crypto investors are about to get a lot more clarity on the Digital Asset Market Clarity Act ('Clarity Act'), and it could come as soon as July 4. That could have huge consequences for any cryptocurrency directly impacted by key provisions of this…
Why This Fund Sold $11 Million of BILL Stock Despite a $1 Billion Buyback Plan
On May 15, 2026, Light Street Capital Management disclosed a sale of 253,000 shares of BILL Holdings (BILL 1.03%), estimated at $11.32 million based on quarterly average pricing. According to the SEC filing dated May 15, 2026, Light Street Capital…
Corporate India's crisis economics rewrites B-School hiring; variable pay jumps to 40% killing old MBA formula
With barely six months left before final placements for the 2026–27 cycle begin, Rishab Sharma, a final-year MBA student at one of India's top business schools, is scrambling to learn supply-chain analytics, procurement operations and…
Prospera Financial Services Inc Purchases 52,089 Shares of Micron Technology, Inc. $MU
Prospera Financial Services Inc boosted its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 102.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund…
Andhra CM to launch 38 industrial parks at MSME Growth Summit in Vijayawada
Andhra Pradesh Chief Minister N Chandrababu Naidu will virtually launch 38 MSME parks across the state on Monday as part of the government's push to strengthen the industrial ecosystem and promote entrepreneurship. According to the CM, the Micro…
'I Think It Will Reduce Our Jobs': Jamie Dimon Predicts AI-Driven Workforce Shift At JPMorgan
Artificial intelligence is set to significantly alter hiring patterns at JPMorgan Chase & Co., according to CEO Jamie Dimon, who said the bank expects to recruit more AI-focused talent while reducing reliance on some conventional banking roles over…
Microchip Technology Incorporated $MCHP Shares Sold by PNC Financial Services Group Inc.
PNC Financial Services Group Inc. reduced its stake in Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 13.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
Prospera Financial Services Inc Has $40.44 Million Stake in Palantir Technologies Inc. $PLTR
Prospera Financial Services Inc decreased its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 17.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund…
The 1 Tech Stock I Think Has More Upside Than Anything Else in the S&P 500 Right Now
The world is infatuated with anything artificial intelligence (AI) or energy in 2026. These trends have driven the S&P 500 index up 7% year to date, despite fits and starts amid the U.S. conflict in Iran and the closure of the Strait of Hormuz.
Dell Technologies Inc. $DELL Shares Bought by PNC Financial Services Group Inc.
PNC Financial Services Group Inc. grew its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 15.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
ABN Amro Investment Solutions Has $1.35 Million Position in SoFi Technologies, Inc. $SOFI
ABN Amro Investment Solutions increased its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 321.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor…
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