Today: 19 May 2026
Browse Category

Financial Technology 4 December 2025 - 21 April 2026

Citi Wealth Turns to Advyzon for Global Unified Managed Account Rollout as Banks Push Deeper Into Alternatives

Citi Wealth Turns to Advyzon for Global Unified Managed Account Rollout as Banks Push Deeper Into Alternatives

Citi Wealth will partner with Advyzon to launch a global unified managed account program, starting in late 2026 for select private banking clients. The platform will combine ETFs, mutual funds, separately managed accounts, and alternatives in a single structure, integrating BlackRock’s portfolio solutions. Citi’s wealth unit reported $3.1 billion in Q1 revenue, up 11% from last year, but net new investment assets fell 11%.
Dow futures tick up as delayed jobs report nears and an AI tax tool rattles Schwab

Dow futures tick up as delayed jobs report nears and an AI tax tool rattles Schwab

The Dow closed at a record 50,188.14 Tuesday, while the S&P 500 and Nasdaq slipped after weak retail sales. U.S. stock futures edged higher late as traders awaited a delayed January jobs report, expected to show a 70,000 payroll gain and 4.4% unemployment. Brokerage shares fell sharply on AI disruption fears. Robinhood dropped 6.3% after missing revenue estimates.
PayPal dumps CEO Alex Chriss, taps HP chief Enrique Lores as earnings miss and dividend debut jolt stock

PayPal dumps CEO Alex Chriss, taps HP chief Enrique Lores as earnings miss and dividend debut jolt stock

PayPal named HP’s Enrique Lores as CEO, replacing Alex Chriss after weak Q4 results and a downbeat 2026 forecast sent shares tumbling 16% premarket. Jamie Miller becomes interim chief. Q4 revenue rose 4% to $8.7 billion, but branded checkout volume lagged. The board declared PayPal’s first quarterly dividend of $0.14, payable March 25.
Lemonade stock rises again premarket as Tesla FSD insurance discount grabs attention

Lemonade stock rises again premarket as Tesla FSD insurance discount grabs attention

Lemonade shares rose 2.5% to $87.50 in premarket trading Thursday after a 9.1% jump Wednesday, following the launch of an “Autonomous Car” insurance policy for Tesla vehicles using Full Self-Driving. JPMorgan disclosed a 5.9% stake in the insurer. The new product rolls out in Arizona Jan. 26, with plans to expand to Oregon.
FIGR stock jumps again as Figure Technology Solutions gets fresh target hike and pushes on-chain equities

FIGR stock jumps again as Figure Technology Solutions gets fresh target hike and pushes on-chain equities

Figure Technology Solutions shares rose 13.6% to $73.82 by midday Friday after the company launched its OPEN blockchain network for public equities. Mizuho and Piper Sandler both raised their price targets, citing strong fintech tailwinds and early operating data showing $2.7 billion in Q4 loan marketplace volume.
UPI caps 2025 with record December surge: 21.63 billion payments worth about 28 trillion rupees

UPI caps 2025 with record December surge: 21.63 billion payments worth about 28 trillion rupees

India’s UPI processed 21.63 billion transactions worth nearly 28 trillion rupees in December, up 29% in volume and 20% in value from a year earlier, NPCI data showed. Daily UPI volumes hit 698 million. IMPS logged 380 million transactions worth 6.62 trillion rupees. For 2025, UPI handled over 228 billion transactions totaling almost 300 trillion rupees, a 32.5% jump in volume from 2024.
3 January 2026
DJT stock jumps as Trump Media plans Crypto.com digital tokens for shareholders

DJT stock jumps as Trump Media plans Crypto.com digital tokens for shareholders

Trump Media shares rose 4% to $13.05 Wednesday after announcing a digital token for shareholders, developed with Crypto.com. Each shareholder will be eligible for one non-cash, potentially non-transferable token per share, with rewards tied to Truth Social products. The announcement followed the launch of five Truth Social-branded ETFs on the NYSE a day earlier.
PayPal Stock (PYPL) Holds Near $60 Into the Weekend as Analysts Debate Checkout Growth, Venmo Momentum, and PayPal Bank Plan

PayPal Stock (PYPL) Holds Near $60 Into the Weekend as Analysts Debate Checkout Growth, Venmo Momentum, and PayPal Bank Plan

PayPal shares closed Friday at $59.97, down 0.12%, after trading between $59.54 and $60.11 on light volume ahead of the holiday weekend. Wall Street’s consensus rating remains Hold, with a 12-month price target average of $78.29, according to MarketBeat. No major company-specific news emerged in the past 48 hours. U.S. markets are closed for the weekend.
Visa Stock News Today (NYSE: V): USDC Stablecoin Settlement, Legal Updates, and Wall Street Forecasts for 2026

Visa Stock News Today (NYSE: V): USDC Stablecoin Settlement, Legal Updates, and Wall Street Forecasts for 2026

Visa and Mastercard agreed Dec. 19 to pay $167.5 million to settle a class action over ATM fees, with Visa responsible for about $88.8 million. Visa shares closed at $349.25, up 0.94% on the day. The company also launched USDC stablecoin settlement in the U.S. and announced new AI commerce initiatives. Major retailers objected to Visa’s proposed merchant antitrust settlement.
Prediction Markets Surge on Dec. 19, 2025: Robinhood’s NFL “Combos,” DraftKings’ New Predictions App, Coinbase Lawsuits, and Polymarket’s Latest Turbulence

Prediction Markets Surge on Dec. 19, 2025: Robinhood’s NFL “Combos,” DraftKings’ New Predictions App, Coinbase Lawsuits, and Polymarket’s Latest Turbulence

DraftKings launched a standalone prediction-market product Friday, while Coinbase sued three U.S. states over event contract regulation. Polymarket restored services after a Polygon-related outage. Robinhood expanded sports-style contracts, letting users trade preset NFL combinations and real-time player-performance contracts, with plans for custom combos in 2026. CEO Vlad Tenev called this the start of a “prediction market supercycle.”
BitMine Immersion Technologies (BMNR) Stock News Today: ETH Treasury Update, Share Vote Risks, Analyst Targets, and Technical Outlook (Dec. 15, 2025)

BitMine Immersion Technologies (BMNR) Stock News Today: ETH Treasury Update, Share Vote Risks, Analyst Targets, and Technical Outlook (Dec. 15, 2025)

BitMine Immersion Technologies reported holding 3,864,951 ETH, 193 BTC, and $1 billion in cash as of Dec. 7. BMNR shares fell 9.17% to $34.86 on Dec. 12, then traded near $35.39 pre-market Dec. 15. The company is seeking shareholder approval to increase authorized shares and adopt new incentive plans. Trading volumes have surged amid volatility and a shift toward a crypto treasury strategy.
SoFi Stock (SOFI) This Week: $1.5B Share Offering Closes, New Smart Card Launch, and What to Watch Next Week (Updated Dec. 12, 2025)

SoFi Stock (SOFI) This Week: $1.5B Share Offering Closes, New Smart Card Launch, and What to Watch Next Week (Updated Dec. 12, 2025)

SoFi Technologies completed a $1.5 billion common stock offering at $27.50 per share on December 8, triggering investor concerns over dilution after a strong 2025 rally. The company also launched the SoFi Smart Card, combining checking, savings, debit, and credit features. Shares faced pressure amid the capital raise and recent product expansion.
Ripple’s XRP Ledger v3.0.0 Goes Live: Native Lending, Zero‑Knowledge Privacy and a Critical Amendment Push XRPL DeFi to the Next Level

Ripple’s XRP Ledger v3.0.0 Goes Live: Native Lending, Zero‑Knowledge Privacy and a Critical Amendment Push XRPL DeFi to the Next Level

Ripple released XRP Ledger v3.0.0 on December 9, 2025, requiring all server operators to upgrade. The update introduces key protocol fixes and expands the Simulate API, ahead of a native lending protocol rollout and the fixDirectoryLimit amendment, set for mainnet activation within days. The changes target institutional DeFi use, tightening accounting and data handling across the network.
Ripple, XRP and the New Payment Rails: Mastercard Pilot, $1B RLUSD Milestone and the 5‑Digit Price Debate

Ripple, XRP and the New Payment Rails: Mastercard Pilot, $1B RLUSD Milestone and the 5‑Digit Price Debate

Ripple’s RLUSD stablecoin reached a $1 billion milestone as the company expanded into corporate treasury with a $1 billion acquisition and appeared on stage with Mastercard. XRP community figure KING VALEX floated a speculative $10,000–$50,000 XRP price thesis tied to global financial infrastructure. Mainstream analysts remain skeptical of such high price targets. Ripple also launched a global brand campaign targeting institutions.
Coinbase’s Big Bank Crypto Pilots Mark a New Phase in Wall Street’s Digital Asset Push

Coinbase’s Big Bank Crypto Pilots Mark a New Phase in Wall Street’s Digital Asset Push

Coinbase is running pilot crypto programs with JPMorgan Chase, Bank of America, and Citigroup, CEO Brian Armstrong said at the DealBook Summit on December 3. The pilots focus on stablecoins, crypto custody, and trading. The banks have not publicly confirmed participation. Multiple outlets cite sources familiar with the projects.
EQ Bank 2025: PC Financial Acquisition, New Business Banking Platform, and What It All Means for Canadians

EQ Bank 2025: PC Financial Acquisition, New Business Banking Platform, and What It All Means for Canadians

EQ Bank announced a deal to acquire PC Financial from Loblaw for about $800 million in cash and shares, giving Loblaw at least a 17% stake in EQB. The bank reported a 19% drop in adjusted EPS and net income for 2025, citing higher credit loss provisions and a $92 million restructuring charge. EQ Bank deposits rose to $9.9 billion, up 10% year over year. The stock trades below analyst targets, with most rating it “Hold.”
Jack Dorsey and Bitcoin in 2025: How Block Is Trying to Turn BTC Into Everyday Money

Jack Dorsey and Bitcoin in 2025: How Block Is Trying to Turn BTC Into Everyday Money

Block, led by Jack Dorsey, began rolling out Bitcoin payments to over 4 million Square merchants in the U.S. in late 2025, waiving fees until 2027. More than 24 million Cash App users have bought Bitcoin since 2018. About 25% of Bitcoin payments on Cash App use the Lightning Network. Dorsey continues to push for Bitcoin as everyday money, not just an investment.

Stock Market Today

  • Minnesota Bans Prediction Markets, Faces Federal Legal Challenge
    May 19, 2026, 1:41 PM EDT. Minnesota became the first U.S. state to ban prediction market platforms like Kalshi and Polymarket, making it a crime to host or advertise such services. Prediction markets allow users to wager on future events, spanning sports to world affairs. The new law, effective August, also targets services enabling users to bypass the ban, such as VPNs. The Commodity Futures Trading Commission (CFTC) sued to block the legislation, asserting exclusive federal regulation over these markets and warning the law criminalizes lawful participants. Minnesota lawmakers defend the ban as necessary for public safety and gambling regulation. Similar bills are pending in seven other states amidst rapid industry growth and ongoing legal battles over jurisdiction and regulation.

Latest articles

Uranium Energy Stock Just Dropped Nearly 10% — The Nuclear-Fuel Trade Has a Fresh Test

Uranium Energy Stock Just Dropped Nearly 10% — The Nuclear-Fuel Trade Has a Fresh Test

19 May 2026
New York, May 19, 2026, 13:07 (EDT) Uranium Energy Corp. shares fell about 9.6% to $11.93 in midday New York trading on Tuesday, outpacing a weaker uranium group as the Global X Uranium ETF, a fund that tracks uranium-linked stocks, lost 3.1%. Cameco fell 1.6%, NexGen Energy dropped 3.6% and Energy Fuels slid 6.7%. The move matters because UEC has become one of the cleaner public bets on a U.S. uranium supply revival. Tuesday’s selloff also came as broader risk appetite weakened: major U.S. stock indexes fell while Treasury yields, the borrowing-rate benchmarks used to price risk assets, rose again.
Celestica Drops in Toronto as AI Hardware Trade Struggles

Celestica Drops in Toronto as AI Hardware Trade Struggles

19 May 2026
Celestica’s Toronto-listed shares fell about 5% Tuesday as the TSX reopened after Victoria Day, mirroring a 4.4% drop in its U.S.-listed shares Monday. The stock has retreated despite Celestica raising its 2026 revenue and profit outlook last month. Shares traded near $340.54 in New York early Tuesday afternoon. Other contract manufacturers, including Jabil and Flex, also declined.
CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

19 May 2026
CMB.TECH shares rose 12.15% to 14.58 euros in Brussels after first-quarter profit jumped to $368.8 million from $40.4 million a year earlier. The company plans a $0.64-a-share distribution, pending approvals. CEO Alexander Saverys cautioned that tanker rates could fluctuate if the Strait of Hormuz reopens.
Go toTop