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16 handpicked stocks

Big Tech Banking: Apple Card Partnership Pitfalls

JPMorgan Chase is taking over the Apple Card portfolio from Goldman Sachs, a major shift in the fintech partnership landscape. This theme focuses on the established financial giants and payment networks best equipped to support massive, tech-driven consumer credit products.

Author avatar

Han Tan | Market Analyst

Published on January 11

Your Basket's Financial Footprint

This basket's total market capitalisation is 3,696,498.68 and is heavily anchored by large-cap constituents, which tends to give it a relatively stable profile.

Key Takeaways for Investors:
  • Large-cap dominance suggests lower volatility and performance that broadly tracks the wider market, with generally steadier returns.
  • Best used as a core holding for diversified portfolios, not a speculative or high-growth allocation.
  • Expect measured, long-term appreciation rather than rapid, short-term gains; growth is likely steady, not explosive.
Total Market Cap
  • JPM: $905.19B

  • V: $668.84B

  • MA: $516.83B

  • Other

About This Group of Stocks

1

Our Expert Thinking

JPMorgan Chase's takeover of the Apple Card from Goldman Sachs highlights a major shift in fintech partnerships. This move underscores that only the most established financial giants have the scale, infrastructure, and risk management expertise to support massive tech-driven consumer credit products. We've focused on the proven industry leaders positioned to benefit from this evolving landscape.

2

What You Need to Know

This group represents the backbone of consumer finance - from major card-issuing banks to payment processors and networks. These companies have the operational scale to handle billions in credit portfolios and the technology infrastructure to support digital-native financial products. The Apple Card transition showcases why established players remain crucial partners for big tech's financial ambitions.

3

Why These Stocks

These companies were handpicked as the key players across the entire consumer credit value chain. From JPMorgan directly taking on the Apple Card portfolio to payment networks like Visa and Mastercard facilitating transactions, each represents a critical component of the infrastructure supporting tech-finance partnerships. They offer tactical exposure to the intersection of technology and consumer finance.

Why You'll Want to Watch These Stocks

🏦

Big Tech Needs Big Banks

As Apple's card moves to JPMorgan, it's clear that only the largest financial institutions can handle tech giants' credit ambitions. These partnerships are becoming the new normal.

Infrastructure Is King

Behind every digital payment and credit product are the networks and processors making it work. These companies power the transactions that keep the modern economy moving.

📈

Scale Wins Every Time

Goldman Sachs couldn't handle the Apple Card's massive scale, but JPMorgan can. This shift highlights which financial giants have what it takes to support big tech's growth.

Get the full story on this Basket. Read our detailed article on its risks and potential.

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