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HomeBusiness

Business

Will CNN lay off more staff as ratings continue to plummet? CWEB Reports

According to a report by a former CNN (WBD) staffer who quoted sources working at the cable network, CNN is planning a further round of layoffs, including some of its top anchors and producers. CNN has seen its ratings...

Amazon debuts discount Web store with under $20 items to compete with Shein, Temu, CWEB reports

Amazon (AMZN) has debuted its discount web store to compete directly with Temu and Shein. The eCommerce giant is calling its discount store Amazon Haul. It is available as a beta version on Amazon’s mobile app. The retailer says...

Elon Musk’s platform X sees return of IBM, Disney, Comcast, after Trump victory? CWEB reports

Elon Musk (TSLA), one of President-elect Donald Trump's favorite people, might have seen one more of his various companies profit after Trump's imminent return. As reported by CWEB, Tesla shares rose on the report that the Transport Department could...

Baidu Inc. (NASDAQ:BIDU) Earnings Preview and Financial Analysis

Baidu Inc. (NASDAQ:BIDU) is set to release its quarterly earnings with an expected EPS of $2.46 and revenue of $4.68 billion. The company's stock trades at an attractive 7x forward price-to-earnings ratio, despite challenges in online marketing revenue and macroeconomic...

Deere & Company (DE) Q4 Fiscal 2024 Earnings Preview

Analysts predict an earnings per share (EPS) of $3.89 and revenue of approximately $9.37 billion for Deere & Company's fourth-quarter fiscal 2024. The Zacks Consensus Estimate for Deere's earnings has decreased by 2% over the past 60 days, now at...

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Faces Challenges Ahead of Earnings Report

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) is set to release its quarterly earnings with an anticipated EPS of -$0.06 and projected revenue of $26.4 million. The company announced a delay in filing its quarterly report due to investigations into its sales...

Flux Power Holdings, Inc. (NASDAQ: FLUX) Faces Financial and Legal Challenges Ahead of Earnings Release

Flux Power Holdings, Inc. (NASDAQ:FLUX) anticipates an earnings per share (EPS) of -$0.13 and revenue of $13.5 millionfor the upcoming quarterly earnings. The company is involved in a securities fraud lawsuit, which could significantly impact its financial stability and investor...

UBS Raises Amer Sports Price Target Following Q3 Report

UBS analysts increased their price target for Amer Sports (NYSE:AS) from $24 to $27, maintaining a Buy rating, citing robust growth prospects for the company’s Arc’teryx brand and its expanding presence in China. Amer’s third-quarter performance bolstered confidence, with...

JPMorgan Upgrades Energizer to Neutral After Q4 Beat

JPMorgan analysts upgraded Energizer (NYSE:ENR) from Underweight to Neutral and raised the price target to $39 from $32, following the company’s Q4 beat yesterday. The analysts cited a more stable outlook for the company’s top-line and bottom-line performance. Energizer’s revenue...

Stifel Downgrades DMC Global Amid Uncertainty and Market Challenges

Stifel analysts downgraded DMC Global (NASDAQ:BOOM) from Buy to Hold and lowered the price target from $16 to $8, citing unclear prospects for near-term upside and challenges in the company’s outlook. The downgrade reflects several concerns, including the retirement of...

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