Author Archives: ayman022

Oscar Wong | Moment | Getty Images Company: Fiserv Inc. (FISV) Business: Fiserv provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; and Clover …

Continue reading “An investor with a flair for tech could push Fiserv to the next level”

A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters As the year progresses, the vast majority of companies have already posted their latest quarterly results. The economic recovery ramped up throughout the first half of 2021, and many firms saw …

Continue reading “Wall Street analysts see stocks like Target & Microsoft with upside”

Investors watch an electric screen displaying stock price figures at a stock exchange hall on February 18, 2021 in Shanghai, China. VCG | Visual China Group | Getty Images Beijing is eyeing new rules that would restrict domestic internet companies from going public in the U.S., The Wall Street Journal reported Friday. Chinese regulators are …

Continue reading “China reportedly weighs ban on U.S. IPOs from domestic tech companies with sensitive data”

The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters Shares of Support.com extended their massive GameStop-style rally as Reddit-obsessed retail investors zoned in on the heavily shorted software name. The stock of the provider of technical support …

Continue reading “Support.com shares soar another 38% as meme traders pile into the heavily shorted software company”

A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been exploring ways to let users trade individual stocks, according to two sources familiar with the …

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Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubled ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies based in the city …

Continue reading “Didi jumps 14% this week amid report of Chinese government taking it over”

A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber. The hedge fund has spoken with …

Continue reading “Engine No. 1 takes climate fight to other big oil companies after underdog win at Exxon”