Two fintech stories lead today, followed by three different reasons Intel, Amazon and a cluster of software stocks are trading lower.
SoFi runs a digital bank for lending, investing and payments, and its SoFiUSD stablecoin now settles payments live across Mastercard's network. The watchpoint is whether stablecoin and fee revenue can justify the premium the stock already carries.
Read More →PayPal runs a payments network that includes Venmo, while Upstart uses AI to match borrowers with lenders and is growing faster. Watch whether Upstart's newer auto and home loans reach breakeven by the fourth quarter as planned.
Read More →Intel makes the Xeon processors inside many data center servers, and Nvidia's new OpenShell software for keeping AI agents in check can run on them. The question is whether that opening turns into customer deployments and profitable sales.
Read More →Amazon's AWS sells access to AI models like Anthropic's Claude through its Bedrock service, and the newest Claude costs customers noticeably less per task. The question is whether heavier usage makes up for the smaller take on each job.
Read More →HubSpot, ServiceNow, Asana, BILL and Unity all sell software to businesses, and they fell together as a deeper Treasury selloff lifted yields and revived bets on more Fed rate hikes. Next up is the jobs report, a fresh clue on the Fed's next move.
Read More →This newsletter is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Always conduct your own research and consult a licensed financial professional before making investment decisions.
