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NETCAPITAL INC C/WTS 12/07/2027 (TO PUR COM)

60 Degrees Pharmaceuticals

IO Biotech

Namib Minerals

Rich Sparkle

EGH ACQUISITION CORP COM USD0.0001(S/R)

iOthree

Tradr 2X Long USAR Daily ETF

Leverage Shares 2X Long USAR Daily ETF

Captivision

Tradr 2X Long CRML Daily ETF

SOFI

BPAY

FINX

ARKF

KLAR

AFRM

AFRU

SOFX

U.S. fintech stocks may benefit from a populist affordability agenda as President Trump pushes policies ahead of the 2026 midterm elections, according to Citigroup analysts. Companies like Affirm, Klarna, SoFi, and Block are well-positioned to gain from this shift, which could favor fintech over traditional lenders. Trump's recent proposals, including capping credit card interest rates, highlight a focus on affordability that may enhance the prospects of smaller fintech firms.

- Analysts from Citigroup believe that U.S. fintech stocks could gain an advantage as Washington leans towards a more populist agenda focused on affordability ahead of the 2026 midterm elections.  
- Companies related to consumer-friendly credit and small business services, such as Affirm, Klarna, SoFi, and Block, are likely to benefit from this trend.  
- Citigroup also noted that Trump's emphasis on affordability, including proposed credit card rate caps, may shift the focus from traditional lenders to fintech challengers.

Reuters

SoFi Tech

Blackrock Future Fin & Tech ETF

Global X Fintech

ARK Fintech Innovation ETF

Block

Klarna

Affirm

T-REX 2X Long AFRM Daily Target ETF

Defiance Daily Target 2X Long SOFI ETF

U.S. fintech could gain as Trump pushes affordability agenda, Citi says

NUAI

New Era Energy & Digital rose 29.93%; EQT fell 0.66%, with a transaction volume of USD 72.96 million; Venture Global rose 7.18%, with a transaction volume of USD 55.12 million; ConocoPhillips fell 0.55%, with a transaction volume of USD 47.23 million; Canadian Natural Resources fell 1.35%, with a market capitalization of USD 73.9 billion

Tracking Unusual Activity

New Era Energy & Digital

U.S. stock market midday update: New Era Energy & Digital's stock price soared nearly 30%, important tenant agreements sparked market enthusiasm!

The Arizona real estate market is seeing a significant increase in demand for private financing, as noted by Michael Iuculano, founder of Hard Money Lenders Arizona. Investors, builders, and developers are turning to alternative financing solutions due to changing market conditions, highlighting the need for flexible funding options in the sector.

Unusual Whales

Demand for private financing in Arizona real estate rising drastically; Hard Money Lenders founder Michael Iuculano witnessing surge in interest.

Jan 22 (Reuters) - Fitch:* FITCH: CREDIT PROFILES OF MULTILATERAL DEVELOPMENT BANKS WITH EXPOSURE TO VENEZUELA TO BENEFIT IF RECENT EVENTS LEAD TO EASING SANCTIONS ON COUNTRY* FITCH: UNCLEAR HOW MUCH INFLUENCE US HAS IN VENEZUELA FOLLOWING MADURO'S REMOVAL, BUT IT COULD PLAY PROMINENT ROLE IN ANY DEBT RESTRUCTURING PROCESS Source text:

Fitch Says Venezuela’s Economic Normalisation Would Be Credit Positive for MDBs

President Trump's executive order to block Wall Street from buying single-family homes may not effectively address housing affordability, according to strategist Jina Yoon. She highlights that 80% of investors are individuals, not corporations, and warns that the order could lead to market instability. Yoon points out that the real issues driving the affordability crisis are supply shortages and zoning constraints. Additionally, the order may inadvertently boost corporate ownership of new construction homes, leading to increased market volatility for real estate investment trusts (REITs).

benzinga_article

Blocking Corporate Buyers Won't Fix Housing As 80% Of Investors Are Individuals, Strategist Warns

FNCL

Private-credit investors are cashing out as redemptions surged in late 2025 due to declining performance. Schwab reported a profit increase driven by high trading activity, while Interactive Brokers exceeded earnings expectations. Citi appointed a former Paramount executive for media banking, and Blueprint Equity raised $333 million for an oversubscribed fund. TCI achieved a record hedge-fund profit, and Goldman Sachs faces challenges related to a top lawyer's Epstein ties. The NYSE plans to launch a 24/7 trading platform for blockchain-based securities.

MorningStar

ISHRS Us Brokers & Sec Exchg

Fidelity MSCI Financials Index

Financial Select Sector SPDR Fund

VG Financial

Gabelli Financial Services Opportunities ETF

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

SPDR S&P Capt Mkt

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

Goldman Sachs

Invesco Dorsey Wright Financial Momentum ETF

Interactive Brokers

Dow Jones Top Financial Services Headlines at 12 AM ET: Private-Credit Investors Are Cashing Out in Droves | Schwab's ...

U.S. President Donald Trump indicated he is close to selecting a new chair for the Federal Reserve, expressing a preference for keeping economic adviser Kevin Hassett in his current role. Trump mentioned he has narrowed the candidates down to possibly one, with BlackRock’s Rick Rieder being impressive. He criticized current chair Jerome Powell for his leadership and interest rate decisions, suggesting he prefers a chair like former chair Alan Greenspan. Trump also noted Powell's future at the Fed is uncertain as he approaches the end of his term.

- President Trump stated he is nearing a decision on the new Federal Reserve chair, indicating a preference for current economic advisor Kevin Hassett to remain in his role.  
- During an interview in Davos, he mentioned that they have narrowed down candidates to potentially one, including Rick Reed from BlackRock and other notable names.  
- Trump criticized Jerome Powell's leadership and monetary policy, expressing dissatisfaction with market reactions to economic growth, and hinted at the possibility of Powell resigning before his term ends in 2028.

BlackRock

Trump says he may be down to one candidate to head the Fed

MCRI

Connecticut tribes said in an amicus brief supporting the state's crackdown on prediction market operators that Kalshi siphons away casino revenue. source:

CoinLive

Monarch Casino & Resort

Native American Tribes Claim Kalshi Prediction Markets 'Siphon' Money From Casinos

U.S. President Donald Trump stated that he has received calls from credit card companies urging them to provide relief to consumers. He emphasized the need to cap credit card interest rates, expressing that these companies, which he respects, should consider the financial burden on the public. Trump made these remarks during an interview on CNBC.

- U.S. President Donald Trump suggested that credit card companies should lower interest rates, stating they need to "give the people a break."  
- He mentioned having conversations with credit card executives, emphasizing his respect for them but highlighting their significant profits.  
- This statement reaffirms his ongoing proposal to cap credit card interest rates in a bid to alleviate financial burdens on consumers.

fidelity

Mastercard

American Express

Visa

Discover Financial

Trump says he has had calls from credit card companies

The California Public Employees Retirement System (CalPERS) is shifting its private equity strategy by increasing investments in early-stage and growth equity companies, raising its allocation by 31% for the fiscal year ending June 2024. This change reduces buyout exposure from 91% to 58%. CalPERS aims to enhance returns and diversify its portfolio, with a reported 14.3% return on its $98 billion private equity portfolio over the past year. The strategy includes ESG integration and lower cost structures to improve net returns.

$500 Billion Giant CalPERS Bets Big On Early-Stage Companies, Cuts Buyout Exposure

Trump stated that the United States has been treated unfairly by NATO; Europe has deviated from its direction in green transformation and immigration policies, with some regions becoming "unrecognizable"; the U.S. needs "strong allies rather than weakened ones"; he will nominate a new Federal Reserve chairman "in the near future," and the new chairman may behave differently after taking office, but must do the right thing; he claimed that the U.S. has conquered inflation and predicted a 5.4% economic growth in the fourth quarter; the recent decline in U.S. stocks is "insignificant" compared to previous gains, and he expects the stock market to double in the future; the U.S. is "actively developing" nuclear energy; the U.S. will not "become a tenant nation," reiterating the need to lower credit card interest rates; if Hamas does not agree to peace, it will be swiftly destroyed

Wallstreetcn

Trump: Greenland is a core security interest of the United States, but the U.S. will not use force to seize it and seeks immediate negotiations

SIVB

IntraFi's business, which helps lenders stretch deposit insurance, has surged following the failure of Silicon Valley Bank, with $438 billion in accounts utilizing its services. However, competition is increasing, and the company faces scrutiny as it accumulates debt. Recent downgrades by Moody's and S&P Global have lowered IntraFi's debt rating to B-, significantly below investment-grade status, following a $2 billion debt offering that raised its leverage ratio to 9 times expected EBITDA.

SVB FINANCIAL GROUP

BREAKINGVIEWS-A band-aid for the US banking system risks fraying

NCPLW

LB filings

NETCAPITAL INC C/WTS 12/07/2027 (TO PUR COM) | 8-K: FY2026 Q1 Revenue: USD 190.06 K

NETCAPITAL INC C/WTS 12/07/2027 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 190.06 K

NETCAPITAL INC C/WTS 12/07/2027 (TO PUR COM) | 10-K: FY2025 Revenue: USD 869.46 K

NETCAPITAL INC C/WTS 12/07/2027 (TO PUR COM)(NCPLW.US)

U.S. fintech could gain as Trump pushes affordability agenda, Citi says

U.S. stock market midday update: New Era Energy & Digital's stock price soared nearly 30%, important tenant agreements sparked market enthusiasm!

Demand for private financing in Arizona real estate rising drastically; Hard Money Lenders founder Michael Iuculano witnessing surge in interest.

Fitch Says Venezuela’s Economic Normalisation Would Be Credit Positive for MDBs

Blocking Corporate Buyers Won't Fix Housing As 80% Of Investors Are Individuals, Strategist Warns