Crypto firms, Argentine banks record biggest swings: weekly financials wrap

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Crypto-linked firms and Argentine banks were among some of the biggest financial movers in the past week, which featured a Federal Reserve meeting that saw the first interest-rate cut [https://seekingalpha.com/news/4495784-federal-reserve-lowers-rate-by-25-basis-points-first-cut-since-december] this year.

Figure Technology Solutions, the blockchain-based lender that went public earlier in September, surged 38%, even as crypto prices recorded modest [https://seekingalpha.com/symbol/BTC-USD/charting?compare=BTC-USD%2CETH-USD&interval=5D] weekly losses;

Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) miner CleanSpark (CLSK [https://seekingalpha.com/symbol/CLSK]) gapped up 32%;

Brighthouse Financial (BHF [https://seekingalpha.com/symbol/BHF]) jumped 18% after a report that a consortium led by insurer Aquarian Holdings is in advanced discussions [https://seekingalpha.com/news/4496653-brighthouse-financial-gains-after-report-of-aquarian-65-70share-offer] to pay $65 to $70 a share for Brighthouse;

Insurance company Lemonade (LMND [https://seekingalpha.com/symbol/LMND]) climbed 16%; and

Stablecoin issuer Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]), which during the week partnered [https://seekingalpha.com/news/4495677-circle-partners-with-kraken-to-expand-access-to-usdc-eurc-stablecoins] with crypto platform Kraken, rounded out the five biggest financial winners (with market cap over $2B), gaining 15%.

On the losers, crypto exchange Gemini Space Station (GEMI [https://seekingalpha.com/symbol/GEMI]), which debuted [https://seekingalpha.com/news/4494553-gemini-stock-briefly-spikes-45-in-nasdaq-debut] last week, took the lead, tumbling 25%;

Factset Research Systems (FDS [https://seekingalpha.com/symbol/FDS]) slid 20% after turning in fiscal Q4 earnings [https://seekingalpha.com/news/4496111-factset-research-stock-slides-after-soft-revenue-guide-q4-profit-falls-short] that missed the average analyst estimate, in addition to soft revenue guidance for fiscal 2026;

Argentine banks Grupo Financiero Galicia (GGAL [https://seekingalpha.com/symbol/GGAL]) and Banco Macro (BMA [https://seekingalpha.com/symbol/BMA]) fell 12% and 10%, respectively; and

FS KKR Capital (FSK [https://seekingalpha.com/symbol/FSK]), which during the week priced [https://seekingalpha.com/news/4496568-fsk-prices-public-offering-of-400m-unsecured-notes-due-2031] a $400M notes offering, retreated 9.3%.

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