Financial technology (fintech) is growing at a rapid pace. In addition to payment processing platforms like PayPal (NASDAQ:PYPL) and Visa (NYSE:V), the sector helps companies automate traditional accounting and financial tasks. And as artificial intelligence (AI) continues to expand, it’s time to look at fintech stocks with huge potential.   Similar to the AI sector, there
Before 2008, banks showed limited interest in these low-return securities. However, post the crisis, Basel Accords reduced financial risks, giving Treasury and agency securities a 0% risk weighting. This essentially classifyed them as “riskless” and excluded from ratio calculations. In turn, it led banks to aggressively increase their Treasury positions, nearly quadrupling since then. Governments
The fintech sector, which provides investors with exposure to a blend of finance and technology, encompasses a wide range of companies. Firms operating in this realm focus upon innovation within the financial services realm. These creations can include creating digital payment solutions and peer-to-peer payment apps. The recent market decline has impacted fintech stocks, and
Nvidia (NASDAQ:NVDA) proved the artificial intelligence (AI) boom is here to stay. Revenue jumped by 101% year-over-year, as net income soared by 843% year-over-year. While these growth rates won’t last forever, they are here right now and can make Nvidia’s valuation more manageable in future quarters, especially for investors who scoop up shares at current price levels.
Recently released macro economic data is indicating that the United States economy is heading for a “soft landing.” Specifically, according to the Department of Labor’s  Job Openings and Labor Turnover Survey (JOLTS) for July, “2.3%  of nonfarm payroll workers quit their jobs” last month, versus the high of 35 during the “Great Resignation.”   The “soft-landing”
While artificial intelligence may be all the rage, investors seeking the top AI stock picks must be more careful now. Of course, you should always apply caution to a promising but wild sector. However, much of the low-hanging fruit among leading AI companies has been plucked. Moving forward, investors must be judicious with their AI
The United States economy’s second-quarter growth was slightly slower than expected at 2.1%, a favorable development for the Federal Reserve’s goal of curbing rising prices. There is a lasting positive outlook, with inflation trending downwards and GDP growth signs as the Federal Open Market Committee (FOMC) has aimed to achieve a 2% inflation target without
Fundamentally, the concept of targeting big money growth stock picks centers on a central theme: obviously, to make money. However, what makes institutional growth stock buys distinct from other methodologies is the indirect leveraging of resources. When you’re talking about the stocks the pros are buying, they do this stuff for a living. And while
It wouldn’t take a rocket scientist to know that the best-performing Nasdaq stock in 2023 is Nvidia (NASDAQ:NVDA), up 244%. It’s definitely one of the must-own Nasdaq stocks. According to Finviz.com, there are just three Nasdaq-listed Standards & Practices (S&P) 500 stocks that are up more than 100% in 2023; Nvidia is one of them.