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Mastercard Inc (NYSE:MA) announced new partnerships with brands like Alo Moves, Booking.com, and Lyft to enhance credit card rewards, coinciding with an upcoming fee hike. The partnerships aim to provide value in health & wellness, travel, and lifestyle sectors, reflecting consumer demand for rewards. Mastercard's research shows 87% of American consumers value credit card rewards highly. The company also plans to increase its 'assessment' fee from 0.13% to 0.14%, which is expected to generate an additional $259.1 million in fees. Mastercard's stock has risen 30% over the last 12 months, and it can be accessed through ETFs like IShares U.S. Financial Services ETF (NYSE:IYG) and SPDR Select Sector Fund – Financial (NYSE:XLF).

Portfolio Pulse from Anusuya Lahiri

April 05, 2024 | 2:04 pm

MDIA

Mediaco shares experienced a significant surge, leading to a trading halt due to a circuit breaker trigger. The stock is currently up by 245%.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:02 pm

GOOGL

HUBS

Hubspot shares are experiencing an increase in value due to ongoing positive momentum, which has been further fueled by reports that Alphabet is considering making an offer to acquire the company.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:00 pm

CWST

Casella Waste Systems (CWST) has seen a 9.51% increase in short interest since its last report, with 1.63 million shares sold short, representing 2.88% of its float. This indicates a bearish sentiment among investors, although it's below the peer group average of 3.37%. The article suggests monitoring short interest as it can reflect market sentiment and potentially impact stock performance.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

DIA

DNUT

IWM

QQQ

SPY

March job growth exceeded estimates, contributing to a positive market sentiment. Krispy Kreme's stock (DNUT) rose following an analyst upgrade. Major indexes, including DIA, IWM, QQQ, and SPY, rebounded after a selloff on Thursday, indicating a recovery in investor confidence.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:00 pm

MAA

Mid-America Apartment (NYSE:MAA) has seen a 19.02% decrease in its short percent of float, now at 2.47% with 2.39 million shares sold short. This indicates a more bullish market sentiment towards MAA compared to its last report. The current short interest is below the peer group average of 3.02%, suggesting MAA is performing well against its competitors in terms of market sentiment.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

KEX

Kirby Corporation (NYSE:KEX) has seen a 10.05% increase in its short percent of float since the last report, with 1.13 million shares sold short, representing 2.19% of available shares. This indicates a bearish market sentiment, although it's below the peer group average of 4.38% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

ULCC

Frontier Group Holdings (NASDAQ:ULCC) was analyzed by 6 analysts, showing a shift towards a more neutral stance with 1 somewhat bullish and 5 indifferent ratings. The average 12-month price target is now $7.75, up from $7.25, with adjustments from analysts at Barclays, Evercore ISI Group, UBS, Susquehanna, B of A Securities, and Morgan Stanley. The company faces challenges with a revenue decline of -1.66% and a high debt-to-equity ratio but maintains a strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

NTRA

Natera's stock price increased following the announcement of positive analysis results from the IMvigor011 study in muscle-invasive bladder cancer. Additionally, Bernstein upgraded Natera's stock from Market Perform to Outperform with a $120 price target.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 1:59 pm

FAAS

DigiAsia shares have resumed trading. The article also mentions FAAS.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 1:59 pm