Google might have struck a ‘secret’ deal with Mastercard to track consumers’ offline purchases.
A Bloomberg report indicates that according to some people familiar with the matter, Google paid Mastercard millions of dollars in exchange for insights into whether the online ads run by the search engine led to consumers buying things from physical stores for the past year. The data, if indeed accessed by Google, is likely to have helped the tech giant in its advertising business strategies as it got to know consumers’ purchase habits and history beyond online platforms.
These reports could potentially raise concerns about how far consumer credit/debit card data is protected from third parties. However, while declining to comment on a partnership with Mastercard, Google’s spokesperson said that the company does not have access to personal information from any of their partners’ credit and debit cards.
It is expected that a price bounce should occur soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MA advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
MA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on April 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MA as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
MA moved below its 50-day moving average on April 10, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for MA crossed bearishly below the 50-day moving average on April 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for MA entered a downward trend on May 02, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: MA's P/B Ratio (64.516) is very high in comparison to the industry average of (4.672). P/E Ratio (40.440) is within average values for comparable stocks, (53.143). Projected Growth (PEG Ratio) (1.600) is also within normal values, averaging (3.039). MA has a moderately low Dividend Yield (0.005) as compared to the industry average of (0.042). P/S Ratio (18.018) is also within normal values, averaging (4.549).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company, which offers payment solutions
Industry FinanceRentalLeasing