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Western Union Stock Drops Amid Q4 Results
Benzinga· 2026-02-20 16:49
Western Union stock is feeling bearish pressure. Why is WU stock dropping?Earnings Beat, But Revenue MissesWestern Union posted fourth‑quarter earnings of 45 cents per share, topping analyst estimates of 43 cents and improving 12.5% from 40 cents a year ago. However, revenue came in at $1.008 billion, missing the $1.045 billion consensus and falling 4.73% year‑over‑year. The company is projecting GAAP sales of $4.254 billion to $4.375 billion and adjusted sales of $4.237 billion to $4.357 billion — above th ...
Stock Of The Day: Will Alphabet Break Its Downtrend?
Benzinga· 2026-02-20 16:22
Shares of Alphabet Inc. (NASDAQ:GOOGL) are moving higher on Friday. There is a chance that this is the beginning of a new uptrend.As you can see on the chart, Alphabet is at a support level. It is also testing its recent downtrend. This is why we have made it our Stock of the Day.Some pundits claim that there are no guarantees in the market. But they are wrong.Markets are always trending. They are always going up, down, or sideways.  And whatever the trend is, it will eventually change.If a market is tradin ...
Fastly Stock Is Surging Friday: What's Driving The Action?
Benzinga· 2026-02-20 16:12
Group 1 - Fastly's revenue increased by 23% year-over-year, with security revenue growing by 32% due to AI traffic solutions [2] - The company projects 2026 revenue to be between $700 million and $720 million, exceeding Wall Street's prior estimates [2] - Fastly's stock is currently trading 74.8% above its 20-day simple moving average (SMA) and 96.4% above its 100-day SMA, indicating strong momentum [3] Group 2 - Fastly shares have surged 154.55% over the past 12 months, nearing their 52-week highs [3] - The Relative Strength Index (RSI) is at 77.17, indicating overbought conditions, while the MACD shows bullish momentum [4] - Analyst consensus gives Fastly a Hold rating with an average price target of $12.40, with recent target increases from various analysts [5]
Opendoor Stock Rips As CEO Claims Title Of 'Most AI-Pilled'
Benzinga· 2026-02-20 16:12
Core Viewpoint - Opendoor is undergoing a significant transformation towards an AI-driven operational model, which has positively impacted its stock performance and cost structure [1][7]. Group 1: Operational Changes - CEO Kaz Nejatian announced a complete departure from the previous operational model, branding Opendoor as "AI-Pilled" and emphasizing a cultural shift towards an AI-first approach [2][3]. - The company has reduced its annual run rate costs on hosting from $12 million to less than $5 million by moving core capabilities in-house and eliminating "tech debt" [3][6]. - The valuation pipeline now operates on a streamlined script of about 50 lines of code, resulting in a 90% reduction in feature-building costs [4]. Group 2: Cultural Shift - Nejatian described a "wartime" culture where employees are encouraged to deliver impactful code without bureaucratic delays, exemplified by an employee who automated seller disclosures in their spare time [5]. - The focus on AI has shifted analysts' roles from performing valuations to auditing AI-generated outputs, indicating a significant change in operational dynamics [7]. Group 3: Financial Performance - The stock price of Opendoor increased by 12.47%, reaching $5.23, reflecting investor confidence in the company's new direction towards profitability and efficiency [7]. - The company has successfully cleared legacy inventory and is addressing "organizational debt" that previously hindered its performance [6].
Supreme Court Rules Against Trump's Tariffs: These 10 Stocks Are Soaring - Applied Optoelectronics (NASDAQ:AAOI), Copart (NASDAQ:CPRT)
Benzinga· 2026-02-20 16:02
A historic Supreme Court ruling invalidating President Donald Trump's sweeping global tariffs triggered a sharp rally across U.S. equities Friday, as investors cheered the removal of duties that had reshaped trade flows and markets for nearly a year.The decision, issued Friday, held that the International Emergency Economic Powers Act does not authorize the president to impose tariffs. Chief Justice John Roberts wrote that Article I of the Constitution grants Congress alone the power to levy duties and taxe ...
Spotlight on Adobe: Analyzing the Surge in Options Activity - Adobe (NASDAQ:ADBE)
Benzinga· 2026-02-20 16:00
Investors with a lot of money to spend have taken a bearish stance on Adobe (NASDAQ:ADBE).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ADBE, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 23 ...
Why Are C3is Shares Tumbling On Friday?
Benzinga· 2026-02-20 15:35
• C3is stock is taking a hit today. What’s behind CISS decline?Earnings SnapshotThe company reported adjusted loss per share of $4.86, which narrowed from a loss of $24.90 a year ago quarter, as adjusted net income more than doubled to $2.7 million from $1.1 million in the prior year quarter.Voyage revenues rose to $10.6 million from $9.4 million in the prior year, led by higher average TCE rates for the vessels and the decrease in idle days. Average daily TCE increased by 24% in the quarter.Fleet operatio ...
What's Going On With Northern Dynasty Stock Today? - Northern Dynasty Minerals (AMEX:NAK)
Benzinga· 2026-02-20 15:32
Northern Dynasty Minerals, Ltd. (AMEX:NAK) traded lower on Friday after it pushed back on a Justice Department filing.The dispute targets the Pebble Project fight in Alaska federal court.The company said the Department of Justice brief repeats claims that clash with the Final Environmental Impact Statement record.It plans a court filing due by April 15 and said it still seeks talks with the Environmental Protection Agency, the company reports.“We will, of course, continue to explore settlement with EPA as w ...
Dow Rises Over 100 Points; US GDP Growth Slows In Q4
Benzinga· 2026-02-20 15:24
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Friday.Following the market opening Friday, the Dow traded up 0.24% to 49,516.12 while the NASDAQ rose 0.50% to 22,796.42. The S&P 500 also rose, gaining, 0.32% to 6,884.13.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsCommunication services shares gained by 1.7% on Friday.In trading on Friday, energy stocks fell by 0.4%.Top HeadlineThe U.S. econ ...
Mangoceuticals Stock Surges On Early Success Of Subscription TRT Model
Benzinga· 2026-02-20 14:59
Mangoceuticals, Inc. (NASDAQ:MGRX) shares are trading higher Friday after the company announced initial success for its newly launched all-inclusive injectable Testosterone Replacement Therapy treatment program.Mangoceuticals stock is among today’s top performers. What’s behind MGRX gains?Early Traction Validates $99 Subscription ModelThe company said month-over-month sales of its injectable TRT program increased 336% since launching in mid-December. MangoRx also reported a 54% reduction in customer acquisi ...