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Amazon To $175? Here Are 5 Other Price Target Changes For Friday
Friday, July 29, 2022 - 9:19am | 312Deutsche Bank raised the price target on Amazon.com, Inc. (NASDAQ: AMZN) from $155 to $175. However, Deutsche Bank analyst Lee Horowitz maintained the stock with a Buy. Amazon shares rose 10.3% to $134.91 in pre-market trading. Citigroup boosted Apple Inc. (NASDAQ: AAPL) price target from $175...
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Mastercard Posts Better Than Expected Q2 Earnings As Consumer, Travel Spending Rebounds
Thursday, July 28, 2022 - 10:54am | 297Mastercard Inc (NYSE: MA) posted Q2 adjusted EPS of $2.56, higher than $1.95 a year ago and the consensus of $2.35. Sales reached $5.5 billion, up from $4.5 billion a year ago and the Wall Street consensus of $5.26 billion. Revenues were up 27% on a currency-neutral basis. The company...
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Meta and Qualcomm Miss— Will Tech Investors Shrug Off These Reports Too?
Thursday, July 28, 2022 - 10:39am | 2219(Thursday Market Open) Investors might be ready to take a breather after yesterday’s Fed rate rally, but with slower second-quarter GDP numbers and even more earnings and global economic data arriving through Friday, there will be little time to rest. Potential Market Movers Equity index...
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Using New Technologies To Transform Payment Processing — Are Companies Like This One Leading The Way?
Thursday, July 28, 2022 - 7:11am | 792For more than two decades, big names like PayPal Holdings Inc. (NASDAQ: PYPL), Visa Inc. (NYSE: V) and Mastercard Inc. (NYSE: MA) have defined and fueled the growth of the commerce and digital payment industry. Electronic payments, for example, have trumped traditional methods of payments such as...
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Apple, Amazon.com And 5 Stocks To Watch Heading Into Thursday
Thursday, July 28, 2022 - 4:36am | 426With US stock futures trading slightly lower this morning on Thursday ahead of earnings reports from several big companies, some of the stocks that may grab investor focus today are as follows: Wall Street expects Pfizer Inc. (NYSE: PFE) to report quarterly earnings at $1.80 per share on revenue...
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Bitcoin Tops $23,000 While Ethereum Surges To This Level, Here Are The Top Crypto Movers For Thursday
Thursday, July 28, 2022 - 3:07am | 521Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, managed to surpass the $23,000 mark on Thursday morning following the Fed’s rate decision. The US Federal Reserve boosted interest rates by 0.75% on July 27 in a bid to contain the surging inflation level. The global...
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Natural Gas Volatility Continues As Russia And EU Battle Over Energy
Wednesday, July 27, 2022 - 10:51am | 2016(Wednesday Market Open) Investors appear to be bullish despite earnings misses from tech giants and a looming interest rate decision from the Federal Reserve this afternoon. Potential Market Movers After yesterday’s close, Microsoft (NASDAQ: MSFT) reported that it missed big on...
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Top News In Fintech And Beyond For July 27, 2022
Tuesday, July 26, 2022 - 2:52pm | 2256👉 Top Things To Know In TradeFi: SBF is unpacking his bid for Voyager Fidelity is adding on Bitcoin 401(K)s NYSE and the SGX are collaborating (NYSE: ICE) FTX to buy a South Korean exchange Binance sues Bloomberg over profile SEC is...
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Consumers Change Shopping Habits as Inflation Worsens
Tuesday, July 26, 2022 - 11:07am | 2202(Tuesday Market Open) Walmart (NYSE: WMT) expressed worries over inflation last night, causing it to tumble in premarket action and pull equity index futures lower. Potential Market Movers Walmart surprised investors by slashing its Q2 and full-year earnings guidance due to rising...
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EU Reports Weaker Manufacturing Data The Day After The ECB Hikes Rates
Friday, July 22, 2022 - 10:23am | 2089(Friday Market Open) Investors seem to have a day to focus on earnings because there’s little economic news to digest, but social media stocks are certainly giving them something to chew on. Potential Market Movers Twitter (NYSE: TWTR) reported a loss of eight cents per share, well below...
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Europe And Russia Continue To Square Off Over Natural Gas
Thursday, July 21, 2022 - 10:34am | 2253(Thursday Market Open) Equity index futures were mixed ahead of the European Central Bank (ECB) interest rate decision. Dow futures were down more than 100 points, but Nasdaq futures were up about 13 points. Potential Market Movers The ECB was expected to raise its key rate by 25 basis points but...
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Mastercard to $425? Plus Raymond James Predicts $2,350 For This Stock
Wednesday, July 20, 2022 - 8:24am | 352JP Morgan cut the price target on Mastercard Incorporated (NYSE: MA) from $430 to $425. Mastercard shares fell 0.7% to $338.12 in pre-market trading. Credit Suisse reduced International Business Machines Corporation (NYSE: IBM) price target from $166 to $156. IBM shares fell 0.1% to $130.70 in...
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This Analyst Lowers Price Targets On Visa, Mastercard, American Express; Here's The Biggest Price Target Changes For Wednesday
Wednesday, July 6, 2022 - 7:47am | 420UBS cut Moelis & Company (NYSE: MC) price target from $54 to $40. Moelis shares rose 3% to close at $40.84 on Tuesday. DA Davidson raised Grocery Outlet Holding Corp. (NASDAQ: GO) price target from $36 to $43. Grocery Outlet shares fell 1% to $42.66 in pre-market trading. Piper Sandler cut...
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Mizuho Slashes Price Targets Of Mastercard, Visa Out Of Precaution - Read Why
Friday, July 1, 2022 - 12:52pm | 261Mizuho analyst Dan Dolev maintained Mastercard Inc (NYSE: MA) with a Buy, cut the price target from $435 to $375, maintained Visa Inc (NYSE: V) with a Neutral, and lowered the Price Target from $235 to $215. The revival of the highly lucrative cross-border...
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Here's Why Britain's Regulatory Watchdog Is After Visa, Mastercard
Tuesday, June 21, 2022 - 7:41am | 272Britain looks to probe the card charges imposed by Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA), focusing on the post-Brexit jump in processing fees and cross-border transaction levies. The regulator will conduct two reviews on the companies accounting for 99% of...