With interest rate cuts looming, it’s an ideal time to load up on fintech stocks to watch. Investors were served another promising inflation update, bolstering hopes for September rate cuts. Core CPI, which strips away food and energy prices, increased just 0.2% sequentially and aligned with estimates. Additionally, the U.S. economy expanded by an encouraging
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While a niche application of data storage and processing technology, biometric security is becoming an increasingly relevant sector within the broader technology industry. Back in 2021, the biometric system market was valued at $29.09 billion by Fortune Business Insights with predictions it would rise to $76.7 billion by 2029. These numbers represent a fraction of
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Across industries, companies will need to adopt AI for growth and survival. A PricewaterhouseCoopers indicates that by 2030, AI could contribute up to $15.7 trillion to the global economy. Of this, “$6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consumption-side effects.” There is therefore no denying
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There’s a lot of money in money. The fintech industry is projected to maintain a compounded annual growth rate of 16.5% from now until 2032. That growth rate should be music to fintech investors’ ears, but not every stock has delivered good results. Many established banks have unappealing long-term results. For instance, Citigroup (NYSE:C) is
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Pavlo Gonchar | Lightrocket | Getty Images The new CEO at Vanguard said Monday that the asset management giant could lean on artificial intelligence as it looks to improve its customer service experience. Vanguard, which built its reputation as a low-cost and investor-friendly brokerage firm, has seen criticism about its customer service in recent years.
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Electric vehicles represented so much promise but recently the sector has struggled. Just look at premium manufacturer Lucid (NASDAQ:LCID). Financially supported by huge backers and enjoying some positive notoriety as a Tesla (NASDAQ:TSLA) alternative, the upstart arrived on the scene with much fanfare. Unfortunately, investors aren’t all that excited about Lucid stock. Since the beginning
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What could be better than viable enterprises within the biotechnology industry? Try biotech stocks under $10. Primarily, the reason why the sector is so popular among investors is its potential for addressing various diseases and conditions. Obviously, there’s the human component of lengthening life and its quality. However, economic considerations exist as well. According to
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It’s a confusing moment in time for the world of telecommunications. After spending much of the 21st century experiencing rapid growth, many telecom-focused markets are facing sustained periods of saturation.  In the United States, smartphone shipments declined in the first quarter for the sixth consecutive quarter. Similar levels of saturation impacted global broadband subscriber growth,
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As tech behemoth Microsoft (NASDAQ:MSFT) gears up to report fiscal fourth-quarter 2024 results on July 30, all eyes will be on the continued momentum in its high-growth cloud computing and artificial intelligence businesses. With the stock up over 14.6% year-to-date (YTD), Microsoft will need to deliver impressive numbers and guidance to justify its premium valuation.
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High-yield dividend stocks are attractive investment options as they provide regular payouts regardless of market performance. Understanding dividend yield, which is a ratio showing annual dividend income per dollar invested, is crucial for comparing investments. The yield, expressed as a percentage of the current price, indicates the annual return on investment at the purchase price.
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Veteran investment commentator Mark Hulbert wrote an appropriately-timed commentary for MarketWatch on July 22 that discussed how Broadcom (NASDAQ:AVGO) stock and 24 others were most likely to crash. Hulbert highlighted the contrarian market indicator “U.S. Crash Confidence Index,” created in 1984 by Robert Shiller, the Yale professor best known for the CAPE ratio (cyclically adjusted
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