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…
Top Fintech Stocks To Watch Now - February 19th
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, Joint Stock Company Kaspi.kz, and Quantum FinTech Acquisition are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are…
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…
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…
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…
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…
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…
Prediction: 2 Popular Cryptocurrencies That Could Underperform in 2026
Many cryptocurrencies lost their luster over the past year. High Treasury yields, expectations for slower monetary easing, and waning institutional interest all chilled the market, while leveraged liquidations triggered incessant waves of…
Hasbro Gets $1.1B Senior Revolving Credit Facility
Hasbro entered into a credit agreement to borrow $1.1 billion through a senior unsecured revolving credit facility. The new agreement, an amendment to the toy maker's third credit agreement, allows for a potential increase of up to $550 million. It…
Carnival to Unify U.S. and U.K. Businesses
Carnival is unifying its U.S. and U.K business. The cruise company on Friday said it agreed to make its U.K. business a wholly-owned subsidiary of the U.S.-based company The two businesses have traded separately in the past. Carnival will also…
Canada Retail Sales -0.4% In Dec From Nov
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…
Ardelyx Shares Fall After Missing Profit Expectations
Ardelyx shares fell after the company missed analysts' expectations that it would post a profit. The stock fell 13% to $5.89 Friday. Shares are still up 2% over the past 12 months. The biopharmaceutical company recorded a loss of $407,000 in the…
NOV Raises Quarterly Dividend by 20%
NOV's board has raised the company's quarterly dividend by 20%, to 9 cents from 7.5 cents. The new payout, equal to 36 cents a year, represents an annual yield of about 1.78% based on Thursday's closing price of $20.24, up from 1.48%. The Houston…
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