Information Technology

Benzinga First Republic Folds As Banking Crisis Claims Third Victim: JPMorgan To Buy Deposits, Assets The First Republic Bank (NYSE: FRC) saga is winding to a close, with the Federal Deposit Insurance Corporation confirming the shuttering of the bank and the sale of its assets to...

The U.S. Department of Justice is investigating Mastercard Inc (NYSE: MA) regarding the potential violation of antitrust rules in its debit-card business. In April, Mastercard received a civil investigative demand from the department seeking documents regarding the potential...

Several analysts increased the price target of Mastercard Inc (NYSE: MA) following reporting a strong Q1 earnings beat.  BMO Capital raised its price target to $442 from $441 with an Outperform rating. Analyst James Fotheringham raised core EPS estimates by 1% to...

The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...

Wells Fargo raised the price target for Molina Healthcare, Inc. (NYSE: MOH) from $282 to $290. Wells Fargo analyst Stephen Baxter maintained an Underweight rating. Molina Healthcare shares gained 7.8% to close at $296.92 on Thursday. Credit Suisse boosted the price target for Eli Lilly and...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Thursday. The Dow traded up 0.98% to 33,627.02 while the NASDAQ rose 1.77% to 12,064.63. The S&P 500, also rose, gaining, 1.24% to 4,106.11. Check This Out: Top 5 Industrials Stocks That...

House passed a bill to increase debt "ceiling" by $1.5 TRILLION. Almost zero chance it passes through Senate.  So, will the U.S. default on its debt?  In 230 years, America has never defaulted on its debt aside from Nixon, FDR, Lincoln. Market Prices as of 4 pm EST, 4/26/23...

With US stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Mastercard Incorporated (NYSE: MA) to post a quarterly earnings at $2.71 per share on revenue of $5.64 billion before the opening bell....

The CNN Money Fear and Greed index moved to the "Neutral" zone after the Dow Jones dropped more than 200 points on Wednesday. Shares of First Republic Bank (NYSE: FRC) dropped around 30% on Wednesday, extending losses after dipping more than 49% in the previous session as the bank...

Gainers Crown ElectroKinetics Corp. (NASDAQ: CRKN) shares jumped 105% to $0.1730 after the company issued a letter to shareholders. SAI.TECH Global Corporation (NASDAQ: SAI) shares climbed 51.1% to $4.22 after gaining 9% on Tuesday. SAI.TECH Global recently anounced appointments of Harry Sun to...

Gainers Virios Therapeutics, Inc. (NASDAQ: VIRI) shares jumped 103.5% to $1.2746 after the company announced initial FDA feedback on its proposed IMC-1 Phase 3 program for the treatment of fibromyalgia. The company said the proposed program is considered acceptable based on initial FDA feedback...

Deutsche Bank cut the price target for Autoliv, Inc. (NYSE: ALV) from $113 to $110. Deutsche Bank analyst Emmanuel Rosner maintained a Buy rating. Autoliv shares fell 0.9% to $86.32 in pre-market trading. Wedbush raised the price target for CarMax, Inc. (NYSE: KMX) from $55 to $70. Wedbush...

Morgan Stanley analyst James Faucette highlights that banks have reported stable card spending volumes (a combined 7.9% YoY increase in total card spending).  While this is below consensus for Visa Inc's (NYSE: V) (Overweight rating and $288 price target) U.S....

U.S. stocks traded lower, with the Dow Jones dropping around 100 points on Thursday. Here are some big stocks recording gains in today’s session. Studio City International Holdings Limited (NYSE: MSC) shares rose 20% to $9.20. XPO, Inc. (NYSE: XPO) climbed 15.4% to $39.92 as the company said...

TD Cowen boosted the price target for Meta Platforms, Inc. (NASDAQ: META) from $190 to $195. TD Cowen analyst John Blackledge maintained an Outperform rating. Meta shares fell 0.7% to $218.90 in pre-market trading. BMO Capital increased the price target for Microsoft Corporation (NASDAQ: MSFT...