Craig-Hallum analyst Brad Berning says that details in Apple's (AAPL) Apple Card announcement point to better utilization of Apple Cash, a program powered by Green Dot (GDOT). The analyst believes this could be a $100M annual revenue opportunity over time for Green Dot. Berning adds that while this does not eliminate the market's concerns over a Walmart (WMT) renewal, which he continues to believe will most likely happen, it does highlight his view that there will be numerous potential partnership opportunities for Green Dot over time to win as the leading BaaS arms dealer "for the deposit wars ahead." The analyst reiterates a Buy rating and a $115 price target on Green Dot's shares.

Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link