Here’s what is actually very hot — and what is not — in fintech correct now

Here’s what is actually very hot — and what is not — in fintech correct now


Crucial Factors
  • At Dollars 20/20 in Amsterdam this week, organization-going through fintechs like Airwallex, Payoneer, and ClearBank had been all the rage, whilst client apps these kinds of as Revolut have been nowhere to be identified.
  • The region that drew the most buzz from Revenue 20/20 attendees was artificial intelligence, with fintech and banking leaders wanting to harness the technology’s opportunity while evaluating the hazards.
  • Quite a few fintech executives CNBC interviewed spoke of how they’re not intrigued in launching goods customized to crypto as the demand from their prospects is just not there.



Supply

Stocks making the biggest moves midday: Apple, Viasat, McDonald’s, Grocery Outlet and more
Finance

Stocks making the biggest moves midday: Apple, Viasat, McDonald’s, Grocery Outlet and more

Check out the companies making the biggest moves midday: Apple — The iPhone maker gained more than 5% after a White House official confirmed the company would invest another $100 billion in the U.S. That would bring Apple’s total U.S. investment over the next four years to $600 billion . Grocery Outlet — The discount […]

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Hedge funds, matching the market’s performance, are turning cautious with stocks at record highs
Finance

Hedge funds, matching the market’s performance, are turning cautious with stocks at record highs

Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious with the S & P 500 sitting near a record high. Global fundamental long-short hedge funds returned 1.5% in July on an asset-weighted basis, bringing their year-to-date gains to 7.8%, according to data from Goldman […]

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Stocks making the biggest moves premarket: McDonald’s, Snap, Super Micro, Opendoor, Disney and more
Finance

Stocks making the biggest moves premarket: McDonald’s, Snap, Super Micro, Opendoor, Disney and more

Check out the companies making headlines in premarket trading. McDonald’s — Shares of the fast food giant gained more than 4% after second-quarter results surpassed analyst estimates. McDonald’s earned $3.19 per share after adjustments on revenue of $6.84 billion. Analysts polled by LSEG were looking for a profit of $3.15 per share and revenue of […]

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