Reason

1 Reason Smart Investors Are Watching OneConnect Financial Technology

Digital banking is gaining traction throughout the world, and especially in emerging Asia. Across the globe, it’s estimated to be an $8 trillion market that will grow 6% a year for the foreseeable future, according to research firm Global Market Insights. This evolution in banking is one reason smart investors are watching the relatively new (and relatively unknown) Chinese company OneConnect Financial Technology (NYSE:OCFT).

A huge growth market …

OneConnect is a fintech that provides technology-as-a-service platforms for financial institutions, primarily in China. Its solutions help customers in areas like revenue generation, risk management, and sales productivity. The company also provides solutions that help improve efficiency, reduce costs, and improve service. The overall idea is that OneConnect becomes a one-stop shop for financial institutions, and it refers to this as a “bank in a box.”

Digital banking-in-a-box is a growth market in Southeast Asia, especially in

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One More Reason to Buy Micron Technology Stock

Micron Technology (NASDAQ:MU) investors are likely worried after the company announced that its business will take a hit on account of lower information technology (IT) infrastructure spending and restricted shipments to Huawei.

Management’s guidance for the current quarter was muted, sowing seeds of uncertainty about the direction the memory market might take in the coming months. But the memory specialist is sitting on lucrative tailwinds such as the growth of 5G wireless networks that could help the company regain its mojo. And now, Micron investors can count on another potential boost in the form of a rebounding PC (personal computer) market.

Person pressing the buy button on a keyboard.

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The PC market is showing signs of life

PC sales have increased lately as the coronavirus pandemic has forced people to remain indoors, triggering a shift toward remote working and online education. According to Gartner, PC shipments in the third quarter

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