A House panel just accused a major retail brokerage of posing a structural threat to American investors, and the fallout is rippling far beyond one stock.
Upstart Holdings (NASDAQ:UPST) reported a slight dip in its own credit-stress gauge, the Upstart Macro Index, to 1.49, and the stock is pulling away from the rest of consumer lending, according to…
Buy now pay later lenders are rallying as a group, and Affirm Holdings (NASDAQ:AFRM | AFRM Price Prediction) leads a cohort climbing in step while the wider financials sector barely moves. Affirm…
A first-round upset in Brazil’s presidential election is lifting a Latin American digital bank far more than its U.S. fintech counterparts. Nu Holdings (NYSE:NU | NU Price Prediction) stock is up 12%…
Online trading platforms are rallying together, and Webull (NASDAQ:BULL | BULL Price Prediction) stock is moving furthest of the names leading the advance. Webull stock trades at $7.41, up 5% on the…
Bank profits are climbing, yet financial stocks just posted their worst month relative to the broader market in over three decades. Something is driving money out of the sector, and it has…
Selling across financial stocks is landing hardest on some of the biggest U.S. banks, and Citigroup (NYSE:C | C Price Prediction) shares are leading the money-center names lower as traders pull back…
Affirm Holdings (NASDAQ:AFRM | AFRM Price Prediction) stock was September’s relative winner among the three buy now, pay later names, even after falling 10.5% to $69.61. Klarna Group (NYSE:KLAR) stock declined 12.5%…
Klarna is facing continued selling pressure weeks after its latest earnings report raised concerns about the company’s outlook. Klarna (NYSE:KLAR | KLAR Price Prediction) stock is down 3% to $12.52, while Affirm…
Upstart, Affirm, and SoFi are sliding in tandem on Wednesday while the broader financials sector sits nearly unchanged, and that gap between consumer lenders and everything else tells a story that goes…
Consumer lenders are getting hit far harder than the broader financials sector on Wednesday, and the gap between them points to something more specific than a rough market day for bank stocks.
Shares of JPMorgan Chase (NYSE:JPM | JPM Price Prediction) are sliding in Tuesday midday trading, even after the bank unveiled a headline-grabbing tie-up with the Qatar Investment Authority (QIA). JPMorgan Chase stock…
Traders reaching for FAZ to short banks after the latest Fed hike may be paying for exposure to insurers and payment networks instead, and the math gets stranger from there.
Energy is the year’s best-performing sector, and on Wednesday the options market bet heavily that it is about to break. Volume in Energy Select Sector SPDR (NYSEARCA:XLE) options ran roughly 70% above…
Gas prices just posted their biggest monthly jump in years, and a Wall Street economist has put a precise dollar figure on the oil price that tips the American consumer into recession…
