HUT - U.S. credit servicers shine financial sector this week China fintech stocks dip

Digital credit servicers Upstart Holdings (NASDAQ:UPST) and SoFi Technologies (NASDAQ:SOFI) are among the top five gainers in the financial sector. Both companies generated double-digit percentage total return in the past week, M/M and YTD. Cryptocurrency miners Marathon Digital Holdings (NASDAQ:MARA) and Hut 8 Mining (NASDAQ:HUT) are also top winners as bitcoin (BTC-USD) continues to gain momentum past $60K. The top five financial gainers (with a market cap of $2B+) includes: Upstart Holdings (UPST) +25.3% climbs as Jim Cramer touts the company as a good alternative to traditional bank stocks; Marathon Digital Holdings (MARA) +23.8% gains at bitcoin nears all-time high of $65.5K; SoFi Technologies (SOFI) +19.6% rises after Cramer also pitched the company and 'nouveau banks' in general; Hut 8 Mining (HUT) +17.2% rises for similar reasons as MARA - the proxy-like "bitcoin effect" and; LendingTree (NASDAQ:TREE) +12.7% climbs even after Headwaters Capital sold its position. The top five biggest financial losers include: China-based Futu Holdings (NASDAQ:FUTU) -27.3% tumbles as

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U.S. credit servicers shine financial sector this week, China fintech stocks dip