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Chancellor's Budget Changes: Chancellor Rachel Reeves' budget proposes cutting Cash ISA allowances from £20,000 to £12,000 to encourage investment in domestic stocks, with the aim of boosting growth in the London Stock Exchange.
Impact on Investment Behavior: The anticipated changes, effective from the 2027/28 tax year, may prompt UK savers to shift towards Stocks and Shares ISAs, which historically offer higher returns compared to Cash ISAs.
Market Reactions: Following the budget announcement, sectors like finance and mining saw gains, indicating potential optimism among investors regarding increased investment in UK growth stocks.
Savers' Reluctance: Despite the potential benefits, a significant portion of UK savers (62%) expressed unwillingness to switch to Stocks and Shares ISAs, highlighting a challenge in changing investment behaviors among the population.

Wise Plc's U.S. Listing Approval: Wise Plc received shareholder approval for its controversial move to a U.S. primary listing, despite proxy advisory firms missing critical governance issues related to the proposal, which included an extension of dual-class voting rights.
Impact on Governance and Investor Confidence: The approval allows CEO Kristo Käärmann to significantly increase his voting power, raising concerns about institutional oversight quality and due diligence among proxy advisers, which could influence future portfolio management decisions.
Intel's Restructuring and Layoffs: Intel is cutting 20% of its workforce as part of a restructuring plan under new CEO Lip-Bu Tan, aiming to enhance engineering capabilities and accelerate innovation in AI and foundry services. The company's upcoming earnings report will be crucial for assessing its turnaround strategy.
Impact on ETFs: Intel's performance is closely tied to several ETFs, including FEPI, TINY, and WISE, which could see significant gains or losses based on the company's earnings and AI strategy amidst competition from rivals like Nvidia and AMD.
BigBear.ai Stock Performance: BigBear.ai (BBAI) stock has surged over 123.7% in six months, driven by a $13.2 million deal with the U.S. Department of Defense and the deployment of its ConductorOS platform in military exercises.
ETF Investment Options: Investors can gain exposure to BBAI through ETFs like iShares Russell 2000 ETF (IWM), which has a Moderate Buy rating and a potential upside of 33.59%, and Themes Generative Artificial Intelligence ETF (WISE), also rated as Moderate Buy with a 31.68% upside potential.
Alibaba's New AI Model: Alibaba has launched its QwQ-32B reasoning model, which has 32 billion parameters and competes with DeepSeek's R1 and OpenAI's o1 mini, achieving comparable performance in various benchmarks. This release is part of Alibaba's commitment to invest over $52 billion in AI and cloud computing over the next three years.
Emerging AI Developments in China: A new AI agent called Manus, developed by a Chinese team, claims to outperform OpenAI's Deep Research on certain metrics and is currently in internal testing. These advancements highlight China's growing capabilities in AI technology, challenging the U.S. dominance in the field.

Partnership Announcement: Standard Chartered has partnered with Wise Platform to enhance its SC Remit service, enabling faster and cheaper international payments in 21 currencies for customers in Asia and the Middle East.
Service Integration: The integration of Wise’s infrastructure will allow Standard Chartered to provide transparent pricing and improved payment experiences, reflecting their commitment to delivering exceptional banking services.









