Data Processing & Outsourced Services

Needham cut the price target for Datadog, Inc. (NASDAQ: DDOG) from $105 to $90. Needham analyst Mike Cikos maintained a Buy rating. Datadog shares jumped 15.1% to trade at $75.76 on Thursday. HC Wainwright & Co. lowered the price target for Sensus Healthcare, Inc. (NASDAQ: SRTS) from $16...

Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) shares are trading lower on Tuesday as Mizuho flagged their declining U.S. personal consumption expenditure share. Mizuho analyst Dan Dolev maintains Mastercard with a Buy, lowering the price target from $405 to $...

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...

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...

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....

2022 was a banner year for short sellers in the tech sector. With most stocks in the IT sector having a down year, traders using a short-selling* strategy yielded aggregate profits of $300 billion. While most traders remain bearish on some tech stocks, others may rally in 2023. Tech bulls are often...

Affirm Holdings, Inc (NASDAQ: AFRM) shares declined close to 5% after Apple Inc (NASDAQ: AAPL) launched Apple Pay Later. Apple Pay Later lets customers split a purchase into four equal payments over six weeks, with no interest or fees to pay.  Affirm Holdings, Inc. (...

Benzinga Alibaba Shares Pop: Company To Restructure Into 6 Independent Entities To Unlock Value, Eye Fresh IPOs Jack Ma's Alibaba Group Holding Limited (NYSE: BABA) will reorganize its businesses into six independently run entities. The restructuring aims to streamline management and...