Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties
Published . Updated .
Fintech companies are catching on to how Americans are altering their financial habits, and they’ve created new products to try to meet the moment.
Directly affected
- No company is named in this report.
Indirectly affected
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- WFC Wells Fargo
Bank profits move with lending and interest rates
- C Citigroup
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- MS Morgan Stanley
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KBE SPDR S&P Bank
A fund of bank stocks
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to deposits and rates
- FAS DIREXION DAILY FINANCIAL BULL 3X ETF
GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Fintech companies are catching on to how Americans are altering their financial habits, and they’ve created new products to try to meet the moment.
Source: MarketWatch
Direxion Daily Financial Bull 3X Etf (FAS) since this story, compared with the market
Since the first closing price after “Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties,” Direxion Daily Financial Bull 3X Etf (FAS) is +3.00%. The S&P 500 fund (SPY) is -0.40% over the same days, a +3.39% difference versus the market.
| Company | When | Move | Status |
|---|---|---|---|
| BAC | that day | -1.14% | final price |
| BAC | the next day | -5.79% | final price |
| BAC | two days later | -5.30% | final price |
| BAC | three days later | -6.13% | final price |
| BAC | three days earlier | -1.80% | final price |
| BAC | five days earlier | -0.84% | final price |
| C | that day | -5.60% | final price |
| C | the next day | -7.34% | final price |
| C | two days later | -6.62% | final price |
| C | three days later | -5.82% | final price |
| C | three days earlier | -2.93% | final price |
| C | five days earlier | -2.59% | final price |
| GS | that day | -0.25% | final price |
| GS | the next day | -1.74% | final price |
| GS | two days later | -0.35% | final price |
| GS | three days later | -1.54% | final price |
| GS | three days earlier | -1.38% | final price |
| GS | five days earlier | +0.35% | final price |
| JPM | that day | -0.91% | final price |
| JPM | the next day | +0.22% | final price |
| JPM | two days later | +0.29% | final price |
| JPM | three days later | +1.53% | final price |
| JPM | three days earlier | -0.92% | final price |
| JPM | five days earlier | -0.96% | final price |
| KBE | that day | -0.67% | final price |
| KBE | the next day | -1.37% | final price |
| KBE | two days later | +0.27% | final price |
| KBE | three days later | +0.43% | final price |
| KBE | three days earlier | +0.27% | final price |
| KBE | five days earlier | +0.80% | final price |
Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)
Companies carried with this story
- FAS Direxion Daily Financial Bull 3X Etf
In “Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FDIQ Invesco Bloomberg Financial Data Providers Etf
In “Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties,” Invesco Bloomberg Financial Data Providers Etf (FDIQ) is linked, with no stored direction, medium confidence. Reason on file: GA selected FDIQ as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- IAK Ishares U.S. Insurance Etf
For “Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties,” Ishares U.S. Insurance Etf (IAK) is linked, with no stored direction, medium confidence. Reason on file: GA selected IAK as a RELATED security because its canonical security name directly matches this event's themes: insurance. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Direxion Daily Financial Bull 3X Etf (FAS)
The 13 Oct 2026 story “Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties” names Direxion Daily Financial Bull 3X Etf (FAS) because of this story.
What ties Direxion Daily Financial Bull 3X Etf (FAS) to the headline is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Invesco Bloomberg Financial Data Providers Etf (FDIQ) is here too. Its reason reads: GA selected FDIQ as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates and price levels for Direxion Daily Financial Bull 3X Etf (FAS)
FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93. FDIQ traded between 67.46 and 71.98 across 3 sessions. The latest close on file is 71.98. IAK traded between 135.71 and 145.73 across 20 sessions. The latest close on file is 144.85.
What the saved facts support for Direxion Daily Financial Bull 3X Etf (FAS)
27 out of 100
“Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties” scores 27 out of 100. The score uses 1 sources, and 3 linked companies.