FINX News and Press, Global X FinTech ETF From 06/01/22

Intuit posted strong Q3 results, beating the top and bottom lines and raising full year guidance. Intuit’s stock saw a strong positive reaction to these earnings, although if we zoom out, there’s still a long way to go until ATH. The strong performance was driven by ...

When the government was sending out "economic impact" checks and more people than usual found themselves subject to pandemic lockdowns, online trading apps attracted a slew of new users. Since then, growth of fintech brokerages and robo-advisers has softened and reversed now that stimulus pay...

On the surface, the correction has only started getting to the broad indices. Under the hood, the damage is deeper: 70% of S&P 500 stocks and 85% of NASDAQ stocks are below their 200-day moving averages. The Fed is raising rates and reducing liquidity by allowing assets on its bal...

Despite these turbulent global markets, we can identify several clear positives across the thematic space. As a result, we believe that it may be a good time for investors to seek exposure to these themes at the dip while keeping their focus on the long-term drivers. As this econo...

The war in Ukraine clearly triggered the spike in oil prices and in agricultural prices as well. Inflation, interest rates and Fed policy are linked. Similarly, supply chain disruptions, the slowdown in China, and big-tech reversals are all Covid-related. The bottom line right now...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Undervalued fintech stocks, which have struggled in recent months could rebound in the coming quarters as consumers continue to embrace the digital financial future. Affirm ( AFRM ): A recently announced partnershi...

Exactly a year ago I shared a chart here that represented “An Epic Set Of Alligator Jaws.” It plotted the weighting of the energy sector within the S&P 500 Index versus the combined weightings of the tech and communications services sectors. The energy sector has ris...

This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in crypto is interleaved with the fortunes of the tech sector. It is certainly possib...

Nuvei continues to deliver best-in-class growth without sacrificing its margins. The updated guidance numbers signal more of the same in the coming years as Nuvei extends its "land and expand" playbook across new growth areas. The stock trades below its peers following the YTD sel...

Let’s look at how great businesses are investing to make the physical world an integrated part of the digital experience consumers have spent two years perfecting - and now expect as they reengage. In 2020, we saw consumers doing three or four times more activities in the digit...