The Latest Breaking News from Credit Suisse

Sanjeev Gupta’s GFG faces insolvency fight after Credit Suisse ends debt talks

Companies in metals empire owe the Swiss investment bank more than $1bn

The Guardian - UK · May 10, 2022

MercadoLibre Whale Trades For May 09

Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ:MELI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · May 9, 2022

Check Out What Whales Are Doing With SNAP

Someone with a lot of money to spend has taken a bearish stance on Snap (NYSE:SNAP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · May 9, 2022

Google Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Alphabet. Looking at options history for Alphabet (NASDAQ:GOOGL) we detected 163 strange trades.

Benzinga · May 6, 2022

Credit Suisse Maintains Outperform Rating for AppLovin: Here's What You Need To Know

Credit Suisse has decided to maintain its Outperform rating of AppLovin (NASDAQ:APP) and lower its price target from $112.00 to $100.00. Shares of AppLovin are trading down 4.02% over the last 24 hours, at $35.01 per share.

Benzinga · May 6, 2022

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow to freedom of information advocates seeking an exemption for journalists and whistleblowers.

Reuters · May 6, 2022

Credit Suisse details long-term trends

Credit Suisse, a Switzerland-based investment bank and financial services firm, issued an analysis of long-term global trends that can lead to advantageous business and investment opportunities, such as ageing populations, infrastructure and technology.

Bangkok Post · May 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2022

Upgrades

Benzinga · May 5, 2022

Read How Analysts Reacted To Paycom Software's Q1 Results

Analysts reiterated their ratings on Paycom Software, Inc (NYSE:PAYC) post Q1 results. Needham analyst Ryan MacDonald reiterated the Buy rating and $450 price target on Paycom Software following the company's stellar start to FY22, in which revenue and adjusted EBITDA exceeded consensus expectations.  PAYC put up a sizeable 1Q22 beat and raise driven by solid sales…

Benzinga · May 4, 2022

Credit Suisse Lists Reasons Behind Its Optimism On This Modern Card Issuing Platform

Credit Suisse analyst Timothy Chiodo initiated coverage on Marqeta, Inc (NASDAQ:MQ) with an Outperform rating and a price target of $13.50 (40% upside). Chiodo believes the combination of low penetration (~1% for MQ), a large, growing end market (~$8.9 trillion U.S. TAM, growing HSD%+), and exposure to fast-growing end-markets/use cases (i.e., BNPL, digital banks,…

Benzinga · May 4, 2022