CARD ETF

CARD.com now enables its users to make cross-border payments via Visa Direct. This offering results from a collaboration between CARD.com, which is a FinTech specializing in mobile banking and card payments, and Visa, the companies said in a Monday (Dec. 16) press release.

Card Factory (LSE:CARD) PLC has said new directors will not be appointed despite concerns over diversity within its board. Several shareholders voted against the reappointment of chair Paul Moody in its latest annual general meeting, Card Factory (LSE:CARD) said on Monday.

Card Factory (LSE:CARD) PLC surged on Thursday after unveiling the $25 million (£19.7 million) takeover of gift and celebrations essentials wholesaler Garven Holdings. Acquiring the Minnesota-based Garven Design and Cadence Packaging owner meant physical entry to the £70 billion US gift and celebrations market, Card Factory said.

Card Factory (LSE:CARD) fell almost 19% on Tuesday after reporting tumbling first hald profit on the back of a rise in the UK's national living wage. Adjusted pre-tax profit fell by 34% to £14.5 million over the six months to July, Card Factory said on Tuesday.

Card Factory (LSE:CARD) is currently being priced in for 'zero growth' and 'flat margins' going forward according to UBS, which suggests any positive comments in next week's interims should give its share price a meaty boost. Shares have been rallying anyway following the reinstatement of the dividend with its finals in April and at 138p currently sit at their highest since January 2020.

April saw the U.S. stock market end with losses, breaking a five-month winning streak and making it the worst month of the year so far. As a result, inverse or inverse-leveraged ETFs have seen significant gains.

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

While Nvidia's ascent and strong earnings reports have buoyed investor confidence, ongoing developments in monetary policy and economic data will continue to shape market sentiment in the weeks and months ahead.

January proved to be a volatile month for Wall Street. The three major benchmarks managed to close the month in green.