Fintech Giants to Benefit from Fed Rate Cut Hope in December

The Federal Reserve is expected to cut interest rates by 25 basis points in December, benefiting the fintech space. Five financial technology giants with a favorable Zacks Rank are recommended, including Robinhood Markets Inc., Interactive Brokers Group Inc., Fair Isaac Corp., SoFi Technologies Inc., and Moody's Corp. These companies have shown significant growth in recent months and are poised for further expansion with the rise of mobile and broadband networks, AI technologies, and machine learning.