FINX News and Press, Global X FinTech ETF From 08/09/22

Upstart lowers investors' expectations, yet again. Upstart has now seen its stock fully washed out. Indeed, very few investors considering Upstart stock afresh are likely to want to get involved with Upstart, particularly as its guidance points to negative revenue growth rates. He...

We highlighted the 15% convertible bonds as a safe way to play Upstart for those that well bullish. Upstart Q2-2022 results were what everyone was watching for, and we went through those as well. It is hard to emphasize how bad these Upstart results are, but we will try. ...

Only 10% of the nation feels positive about the economy, and last month, consumer sentiment hit a record low. Climate change is submerging or parching dense and developed regions all over the globe. The greatest threat to our nation isn’t an economic recession, but losing t...

Block has two powerful ecosystems with its Cash App and Merchant Payments Business. The company announced solid results for Q2, with a 29% increase in Gross Profit. Overall, Block revenue declined, but this was mainly due to the "Bitcoin Winter." The Block stock price fell on ...

Q2 results are out, but few guide their opinion on what to do now, or even month to month, and it needs to be discussed. Our expectations for Q2 were exceeded in many areas, but SoFi came up short in others. This trading approach is how you create generational wealth. So...

PayPal stock rose 11% in aftermarket trading on Tuesday (August 2), after the company released Q2 2022 results. The confirmation of Elliott Management's $2bn stake was a big positive, but PayPal's operating performance was also reassuring. Despite rising macro headwinds, PayPal is...

Global equity markets went into a protective crouch last quarter, and factor performance followed suit. The collapse in Consumer Discretionary and/or Technology stocks was a dominant driver of global factor performance in Q2. The Quality premium versus Value has returned to its lo...

LC Q2 earnings were superb on all metrics. Profitability is somewhat masked by CECL (a conservative accounting provisioning methodology). The playbook for a recession is becoming clear. LC is pressing hard on retaining quality assets on the balance sheet. I remain very bul...

The payment platform companies are experiencing secular growth trends from the accelerated digitalization and growing cross-border commerce. To get the maximum benefits of these trends, Payoneer Global is expanding its cross-border payment services in various countries by partnering w...

Elliott Management is reported to have established a significant stake in PYPL and reportedly intends to urge management to hasten cost-cutting plans. The news has shares rising over 10% as investors speculate over Elliott's plans. With earnings up next week, we discuss how to tra...