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Business

CWEB Business News: Oracle Founder Larry Ellison Regains Title as World’s Second Richest Man After Stock Surge

CWEB News Report – Oracle founder Larry Ellison has reclaimed his position as the world’s second-richest person, according to the latest Forbes Billionaires List....

BREAKING: President Donald J. Trump Secures Landmark U.S.-UK Trade Deal – A Major Win for American Workers and Businesses

CWEB News Exclusive In a historic move that strengthens the special relationship between the United States and the United Kingdom, President Donald J. Trump and...

AIM ImmunoTech Inc. (AMEX:AIM) Strengthens Intellectual Property Portfolio Amid Financial Challenges

AIM ImmunoTech Inc. (AMEX:AIM) has secured a U.S. patent for manufacturing methods of double-stranded RNA, including Ampligen®, extending protection until 2041. The company's CEO, Equels...

Paysign Gets Price Target Bump as Plasma Network Expands Sharply

DA Davidson raised its price target on Paysign (NASDAQ:PAYS) to $8 from $7 while reaffirming a Buy rating, following a major boost to the...

Citi Lowers Rating on Sherwin-Williams Amid Housing Market Headwinds

Sherwin-Williams (NYSE:SHW) saw its rating cut by Citi from Buy to Neutral, with the price target trimmed to $385 from $405, as analysts flagged...

Meta Doubles Down on AI With $14.3B Scale AI Deal, Citi Sees Long-Term Upside

Citi is maintaining its bullish stance on Meta Platforms (NASDAQ:META), reiterating a Buy rating and a $690 price target following the tech giant’s $14.3...

Diodes Gets Price Target Boost as New Leadership Charts Growth-Focused Course

Benchmark raised Diodes (NASDAQ:DIOD) price target from $55 to $62 while maintaining a Buy rating. The upgrade reflects growing optimism around the company’s evolving...

RH Soars 22 percent After Surprise Q1 Profit

RH (NYSE:RH) shares surged more than 22% intra-day today after the upscale furniture brand defied expectations with an unexpected first-quarter profit, signaling resilience amid...

Akamai Technologies Inc. (NASDAQ:AKAM) Faces Competitive Pressures Despite Strong Financials

Akamai Technologies Inc. (NASDAQ:AKAM) is challenged by declining delivery revenues and shifts in pricing, even as it maintains a solid presence in the CDN...

Alithya Group Inc. (ALYAF) Financial Overview and Market Performance

Alithya Group Inc. (PNK:ALYAF) reported earnings per share of $0.05, surpassing the estimated $0.03, indicating effective cost management and operational efficiency. The company experienced a...

Cable One, Inc. (NYSE:CABO) Insider Purchase Amid Stock Downturn

Detz Margaret Masoner, Chief People Officer of Cable One, Inc. (NYSE:CABO), purchased 300 shares, increasing her total holdings to 4,081 shares. The stock price of...

RH (NYSE:RH) Surpasses Earnings Expectations in Q1 Fiscal 2025

RH achieved an earnings per share of $0.13, beating the anticipated loss. The company's revenue was slightly below expectations at $814 million. RH's strategic decisions to...

Vince Holding Corp (NYSE: VNCE) Quarterly Earnings Preview

Negative P/E ratio of -0.98 highlights ongoing losses. Price-to-sales ratio of 0.065 suggests potential undervaluation. High debt-to-equity ratio of 2.47 indicates reliance on debt financing. Vince Holding...

Grupo Financiero Galicia’s Financial Performance and Investment Potential

Earnings Per Share (EPS) of $0.87 was reported, falling short of the expected $0.96. Revenue exceeded expectations with approximately $1.73 billion, against the estimated $1.48...

Halma plc’s Financial Performance and Market Position

Halma plc, trading under the symbol HLMAF on the OTC exchange, is a British company specializing in health and safety devices. On June 12,...

UGL (AMEX:UGL) Executes 1-for-4 Stock Split

On June 13, 2025, UGL (AMEX:UGL) executed a 1-for-4 stock split. This means that for every four shares an investor held, they now have...

Warner Bros Discovery to Split into Two Companies in 2026: CWEB News Analyzes the Strategic Impact

How the Streaming Revolution Forced WBD’s Bold Restructuring – And What It Means for Investors By CWEB News | 06/11/2025 Key Takeaways: Two new companies (WBD):...

Quantum Corporation’s Upcoming Earnings Report: A Financial Overview

Quantum Corporation (NASDAQ:QMCO) faces significant financial challenges with an estimated EPS of -$1.16 and projected revenue of $65.85 million. The company's negative earnings are highlighted...

Financial Performance of Hooker Furniture Corporation (NASDAQ:HOFT)

Hooker Furniture Corporation, trading as NASDAQ:HOFT, is a well-known furniture company that designs, imports, and markets residential furniture. The company has a diverse product...

DA Davidson Reaffirms Buy on AAON with $125 Target After Investor Day Update

DA Davidson reiterated a Buy rating on AAON (NASDAQ:AAON) and maintained its $125 price target, following the company’s recent Investor Day presentation and second-quarter...

Rosenblatt Raises Fabrinet Price Target to $290 on Optical Growth and Amazon Win

Rosenblatt raised its price target on Fabrinet (NYSE:FN) to $290 from $250 while maintaining a Buy rating, citing the company's expanding expertise and growing...

Wedbush Hikes Oklo Price Target on U.S. Nuclear Push and Defense Deal

Wedbush raised its price target on Oklo (NYSE:OKLO) to $75 from $55 while maintaining an Outperform rating, citing accelerating momentum in U.S. nuclear energy...

America’s Car-Mart Drops 10 percent Despite Q4 Earnings Beat

America’s Car-Mart (NASDAQ:CRMT) delivered stronger-than-expected fourth-quarter results, but shares dropped over 10% intra-day today. The used car retailer reported earnings per share of $1.26...

Oxford Industries Drops 10 percent as Weak EPS and Guidance Overshadow Revenue Beat

Oxford Industries (NYSE:OXM) shares dropped more than 10% intra-day today after the apparel maker delivered mixed first-quarter results and issued weaker-than-expected guidance that spooked...

Oracle Surges 13 percent After Raising 2026 Revenue Forecast on Strong AI Cloud Demand

Shares of Oracle (NYSE:ORCL) jumped more than 13% intra-day today after the company raised its full-year revenue growth outlook and underscored strong demand for...

Andrew Peller Limited (ADWPF) Financial Performance Analysis

Earnings Per Share (EPS) improvement to -0.01, surpassing estimates. Revenue fell short of expectations at $52.47 million, indicating market challenges. Financial ratios suggest a potentially undervalued...

Global Partners LP (GLP) Raises Capital Through Upsized Private Offering

Global Partners LP (NYSE:GLP) has upsized its private offering of senior notes, indicating strong investor interest and confidence in the company's financial health. The General...

Lavoro Limited (NASDAQ:LVRO): A Deep Dive into Its Market Position and Analyst Expectations

The consensus price target for Lavoro Limited (NASDAQ:LVRO) has significantly declined from $4.50 to $1.50 in the last year, indicating a shift in analysts' expectations. Market...

Jabil Inc. (NYSE:JBL) Q3 FY’25 Financial Outlook

Jabil Inc. (NYSE:JBL) is a prominent player in the electronics manufacturing services industry. The company designs and manufactures electronic circuit board assemblies and systems....

Argan, Inc. (NYSE:AGX) Demonstrates Strong Financial Health and Market Valuation

Low debt-to-equity ratio of approximately 0.008, indicating minimal reliance on debt and a strong financial position. President and CEO Watson David Hibbert sold 17,969 shares...

Oracle Corporation’s Impressive Earnings Report and Future Outlook

Oracle Corporation (NYSE:ORCL) reported earnings per share (EPS) of $1.70 and revenue of $15.9 billion, surpassing estimates. The company's stock surged by 8% following the...

Oxford Industries, Inc. (NYSE:OXM) Financial Performance Analysis

Oxford Industries reported earnings per share (EPS) of $1.82, aligning with estimates but showing a decrease from the previous year. The company's revenue of approximately...

Lennar Corporation (NYSE:LEN) Quarterly Earnings Preview

Analysts estimate an EPS of $1.98 and projected revenue of $8.24 billion for Lennar Corporation's upcoming quarterly earnings. The expected decrease in EPS from $3.38...

Dollarama Inc. (OTC:DLMAF) Surpasses Earnings Expectations

Dollarama reported earnings per share of $0.71, beating the estimated $0.60, and revenue of approximately $1.1 billion, slightly above the forecast. Dollarama's net earnings surged...

Cognyte Software Ltd. (NASDAQ:CGNT) Surpasses Earnings Estimates in Q1 Fiscal Year 2026

Earnings per share of $0.07, beating the estimated $0.03, showcasing stronger-than-expected profitability. Revenue of approximately $95.5 million, slightly below the estimated $96 million, yet indicating...

KB Home (NYSE: KBH) Quarterly Earnings Insight

KB Home is set to release its quarterly earnings with an estimated EPS of $1.45 and projected revenue of approximately $1.51 billion. The company's financial...

Euroseas Ltd. (NASDAQ:ESEA) Surpasses Earnings and Revenue Expectations

Euroseas Ltd. (NASDAQ:ESEA) reported earnings per share of $3.87, exceeding estimates and showcasing strong financial performance. The company's revenue of $54.73 million surpassed expectations, indicating...

CoreWeave Teams with Google Cloud to Power OpenAI’s AI Demand

Partnership Highlights CoreWeave Integration: CoreWeave will supply NVIDIA GPU?based computing capacity to Google Cloud. OpenAI Support: Google Cloud—bolstered by CoreWeave’s resources—will provision infrastructure for OpenAI services...

Citi Launches ‘Positive Catalyst Watch’ on Microsoft Ahead of Azure Inflection

Citi analysts have initiated a “Positive Catalyst Watch” on Microsoft (NASDAQ:?MSFT), arguing that Street estimates for Azure are too conservative for fiscal?2026. Their conviction...

HSBC Upgrades U.S. Equities to Overweight on AI, Weaker Dollar, and Policy Catalysts

Strategic Upgrade and Key Drivers HSBC strategists, led by Max Kettner, have shifted their U.S. equity stance to Overweight from Neutral amid: Artificial Intelligence Optimism: Renewed...

Oracle Surges After Raising Revenue Outlook on AI-Driven Cloud Demand

Oracle Corporation (NYSE:ORCL) soared in extended trading after the company raised its annual revenue growth forecast and highlighted strong momentum in cloud and AI...

Bitcoin Slips as Trade Deal Optimism Fades Amid Fresh Tariff Threats

Bitcoin prices fell on Thursday despite initial market optimism over a tentative U.S.-China trade framework, as investors grew wary of new tariff threats from...

Gold’s Consolidation “Pause” Signals Next Upside Move, Says UBS

Despite gold hitting an all-time high of $3,500 in late April, UBS analysts believe the recent consolidation is a healthy breather before another leg...

Asian Stocks Mixed Amid Tariff Threats and Geopolitical Tensions

Market Snapshot S&P?500 Futures: Down 0.4% in Asian trading after Trump’s tariff warning. Shanghai?Composite & CSI?300: Slight declines following earlier week gains. Hang?Seng: Off 0.5%, hurt by...

Emerging Bull Case: Morgan Stanley’s Optimism for Equity Markets

Morgan Stanley analysts argue that a “new bull case” is taking shape, fueled by a rapid reversal of reciprocal tariffs and de-escalation of U.S.-China...

Air India Flight AI171 Crash in Ahmedabad Sends Boeing Shares Tumbling

What Happened Flight AI171, a Boeing?787?8 Dreamliner operated by Air?India, crashed shortly after take?off from Ahmedabad en?route to London?– Gatwick. The aircraft reached about 625?ft before...

America’s Car-Mart, Inc. (NASDAQ: CRMT) Quarterly Earnings Preview

Earnings per Share (EPS) projection of $0.87 reflects the company's profitability. Expected revenue of approximately $369.77 million indicates strong sales generation capabilities. The price-to-earnings (P/E) ratio...

UBS Cuts Price Target on Vail Resorts, Maintains Neutral Rating Amid Sluggish Pass Sales Outlook

UBS lowered its price target on Vail Resorts (NYSE:MTN) to $169 from $185, while maintaining a Neutral rating, citing ongoing weakness in pass sales...

UBS Reiterates Buy on Arch Capital, Sees Strong Capital Returns Ahead

UBS reaffirmed a Buy rating on Arch Capital Group (NASDAQ:ACGL) and maintained a $124 price target, citing the insurer’s robust capital generation and ongoing...

GitLab Shares Sink 8 percent Despite Earnings Beat as Revenue Guidance Disappoints

GitLab (NASDAQ:GTLB) shares plunged over 8% intra-day today as upbeat Q1 results were overshadowed by underwhelming revenue guidance. The DevSecOps platform reported adjusted Q1 earnings...
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