FINX News and Press, Global X FinTech ETF From 12/20/21

ARKF provides exposure to a basket of leaders in the fintech industry. The growth opportunity in the sector is impressive. I think it is still too early to tell if today's fintech leaders have an enduring competitive advantage or if their business model can be easily disrupted by new ...

U.S. asset-purchase program could end by March. BoE surprises markets with rate hike. China moves to counter growth slowdown. For further details see: Fed Speeds Up Tapering Process, Bank Of England Raises Rates

The last 18 months have been the zenith of two decades of monetary madness and speculative mayhem. The IPOX SPAC index, a mix of 50 SPACs and De-SPACs (another marketing euphemism for junk), is, so far, down 32% from its 2021 peak. Following the risk-off trade, most global commodi...

Investment grade credit fundamentals remain healthy, but supply chain issues are contributing to the overarching inflationary environment, with different impacts across sectors. Across sectors, companies are responding to cost increases by raising, or attempting to raise, prices to co...

Robinhood Markets (HOOD -8.9%) stock plumbs to new intraday lows, after the Wall Street Journal traces the fintech stock's short, twitchy history. It hasn't traded above its $38 IPO price since Nov. 8, and that was only a brief rise to $38.17. It hasn't reliably stayed above that threshold si...

SoFi Technologies (NASDAQ:SOFI) stock dropped 7.6% in trading on Thursday, following the path of other high-profile newly public fintech names. Tech names that had shot up soon when they went public have all seen declines in the past two months. Fintech stocks overall have languished over the...

The latest IHS Markit US Sector PMI revealed that six of the seven broad sectors tracked by the surveys reported higher output in November. Despite some of the supply chain problems having eased in November, the extent to which production growth had been constrained is consistent with...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Fintech stocks have not enjoyed the tail end of 2021. The two largest ETFs investing in fintech, Global X Fintech ETF (NASDAQ: FINX ) and Ark Fintech Innovation ETF (NYSEARCA: ARKF ), are down 15.2% and 18....

Algorithms dominate short-term trading and use as inputs $WTI(oil prices), interest rates and the exchange rate of the US$ vs global currencies. Prices do reflect fundamentals over the long term simply because economic reality eventually is the basis of market psychology. Markets ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Covid-19 pandemic has accelerated the broader adoption of financial technology (fintech) solutions around the world. Combining financial services with information technology, fintech stocks promise to transform the fina...