5.34k followers • 20 symbols Watchlist by Motif Investing
With the growing adoption of electronic payments in emerging markets, global issuance of payment cards is projected to grow 36% to 18.3 billion during 2011-2016.
PayPal Holdings, Inc.
American Express Company
Global Payments Inc.
FleetCor Technologies, Inc.
Jack Henry & Associates, Inc.
Euronet Worldwide, Inc.
ACI Worldwide, Inc.
Green Dot Corporation
Net 1 UEPS Technologies, Inc.
VeriFone Systems, Inc.
Paypal (PYPL) closed at $105.84 in the latest trading session, marking a +0.74% move from the prior day.
MasterCard (MA) closed at $269.47 in the latest trading session, marking a -0.55% move from the prior day.
The Board of Directors of Green Dot Corporation (NYSE: GDOT) appointed Ellen Richey, former vice chairman and chief risk officer, Visa Inc., as a director of the Company. The appointment was effective April 3, 2020. Ms. Richey will serve on the Risk Committee.
These sectors are extremely well-positioned to survive market shocks. Buy the related ETFs and stocks.
The small but vocal cohort of proponents of UBI has found a well-heeled tech titan to ignite the movement — Twitter and Square CEO Jack Dorsey.
Square, Inc. (NYSE: SQ) will release financial results for the first quarter of 2020 on May 6, 2020, after market close. Square will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. The live webcast of the call can be accessed from Square’s Investor Relations website at square.com/investors. A replay will be available at the same website following the call.
Investors need to pay close attention to Square (SQ) stock based on the movements in the options market lately.
ACI Worldwide Introduces New "Delay My Payment" Capability to Help Address Bill Payment Challenges for Billers and Consumers Throughout Crisis
In a series of tweets, Dorsey said the amount, representing about 28% of his wealth, will be donated to his charity fund, Start Small LLC, which would later focus its attention to universal basic income and girls' health and education. Dorsey, who for years has kept details of his charitable efforts private, said all donations to and from the fund would now be visible to the public at all times through a public document. Dorsey, whose net worth is estimated at $3.3 billion by Forbes, also said that he was pledging his stake in Square instead of Twitter because he owns a bigger portion of the payments processor.
Have we hit bottom? Now is the time to build your watchlist. Mastercard, Domino's, ServiceNow are among 14 stocks on the IBD Long-Term Leaders list.
Dev Kantesaria of Valley Forge Capital Management says investors need to own ‘the highest-quality businesses on the planet.’
Green Dot Corporation (NYSE:GDOT) shareholders should be happy to see the share price up 18% in the last week. But...
Marriott International Inc. (NASDAQ: MAR) said Wednesday it is teaming up with American Express Co. (NYSE: AXP) and JPMorgan Chase & Co. (NYSE: JPM) on a program to provide about 100,000 room nights at its hotels to medical workers battling the pandemic. The rooms will be made available in hard-hit U.S. cities like New York, Chicago, Los Angeles, Detroit, Las Vegas, New Orleans, Newark, New Jersey, and Washington. Marriott pegged the value of the room nights at about $10 million.
PayPal stock could gain market share amid shifts in merchant and consumer behavior caused by Covid-19, said one analyst. But, with exposure to small business loans, PayPal is not immune.
Long-term trendlines on the charts of major global tech stocks suggest that the uptrend is set to continue and the recent pullback could be presenting traders with a buying opportunity.
Twitter CEO Jack Dorsey pledges 1 billion dollars of his stake in Square to help fund relief efforts during the coronavirus crisis. Yahoo Finance’s Melody Hahm shares the details.
Why you don’t want to grab for those cheap stocks as a deadly pandemic unfolds. Our call of the day has some quality stocks to recommend.
We don't invest in "the stock market" as a whole because we know how easily a few truly weak spots can mask strength elsewhere, asserts Hilary Kramer, editor of GameChangers.
Visa (V) closed the most recent trading day at $168.47, moving -0.57% from the previous trading session.
In the latest trading session, Square (SQ) closed at $50.30, marking a -0.24% move from the previous day.
Square (NYSE: SQ) and Twitter, Inc. (NYSE: TWTR) CEO Jack Dorsey announced on Tuesday he's donating $1 billion of his Square equity to StartSmall LLC to fund global coronavirus (COVID-19) relief."I'm moving $1B of my Square equity (~28% of my wealth) to startsmall LLC to fund global COVID-19 relief," Dorsey said in a tweet. "After we disarm this pandemic, the focus will shift to girl's health and education, and UBI. It will operate transparently."Dorsey went on to add he will also be supporting a foundation that will focus on girl's health and education called the universal basic income (UBI). His shared a Google docs spreadsheet tracking his donation.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter."Why pull just from Square and not Twitter? Simply: I own a lot more Square. And I'll need to pace the sales over some time. The impact this money will have should benefit both companies over the long-term because it's helping the people we want to serve," Dorsey said in another tweet.> Why the transparency? It's important to show my work so I and others can learn. I've discovered and funded ($40mm) many orgs with proven impact and efficiency in the past, mostly anonymously. Going forward, all grants will be public. Suggestions welcome. Drop your cash app ;)> > -- jack (@jack) April 7, 2020Square is a financial services and mobile payment company based in San Francisco. The company markets several software and hardware payments products and has expanded into small business services.Square shares were trading down 1.61% at $49.50 in Tuesday's after-hours session. The stock has a 52-week high of $87.25 and a 52-week low of $32.33.Related Links:Square Analysts React To FDIC's Conditional Banking License Approval For Payments CompanyHow The Coronavirus Crisis 'Underscores The Value Of Twitter'Photo via Wikimedia. See more from Benzinga * Square Reports Q4 Earnings Beat(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.