Truist initiates coverage on Payments/FinTech stocks
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- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
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Venmo Introduces Debit Card and Venmo Checkout
June 4, 2025 9:02 AM UTCVenmo, a leading social payments platform, today announced an accelerated expansion of its commerce capabilities, introducing even more benefits for customers to use their Venmo balance beyond peer-to-peer payments - from everyday purchases to earning enhanced rewards in-store and online with the Venmo Debit Mastercard®1.
Venmo has been a go-to solution for sending money to family and friends, with over 64 million... More
Jefferies Reiterates Hold Rating on Fiserv (FI), 'SMB Index Slows 1ppt; Steady ex-Easter; Restaurants Better, Retail Worse'
June 2, 2025 11:46 AM UTCJefferies analyst Trevor Williams reiterated a Hold rating and $165.00 price target on Fiserv (NYSE: FI).
The analyst comments "On a reported basis, FI's SMB index slowed by 1ppt from April, but stable when adjusting out April's tailwind from Easter. Restaurants accelerated ~2ppts and... More
BofA Comments on Shift4 Payments (FOUR) CEO's Withdrawn NASA Nomination, Shares +161bps
June 2, 2025 11:17 AM UTCBofA Securities analyst Mike Colonnese reiterated a Neutral rating and $100.00 price target on Shift4 Payments (NYSE: FOUR).
The analyst comments "On Saturday, the White House unexpectedly withdrew its nomination of Jared Isaacman (founder and outgoing CEO of FOUR) to lead NASA following a thorough... More
Shift4 Payments (FOUR) Gains 1.74pct
June 2, 2025 9:44 AM UTCShift4 Payments (NYSE: FOUR) Gains 1.74pct.
Earlier: Truist Securities Starts Shift4 Payments (FOUR) at Hold, 'We struggle with Shift4's acquisition-led growth strategy'Earlier: Trump says hes withdrawing the nomination of Musk associate Jared Isaacman to lead NASA... More