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Business

CWEB Business News Jefferies Boosts Netflix to “Buy” with Bold $1,500 Price Target Amid Strong Earnings

In a major move, investment firm Jefferies upgraded Netflix (NASDAQ:NFLX) to a “Buy” rating on July 18, 2025, setting an ambitious price target of...

CWEB Business News Humana Inc. Navigates Legal Hurdles Amid Optimistic Analyst Outlook

A recent legal setback has put Humana Inc. (NYSE:HUM), a major player in the U.S. health insurance sector, in the spotlight. A federal judge...

Macquarie Lifts Roku Price Target to $90, Cites Impressive Growth

Roku (NASDAQ:ROKU) shares rose more than 1% intra-day today after Macquarie analysts raised the price target on the company to $90 from $72, maintaining...

JPMorgan Raises Tesla Price Target to $130, Cites Softer Q3 Deliveries and 2024 Outlook

JPMorgan analysts raised their price target on Tesla (NASDAQ:TSLA) to $130 from $115 while maintaining an Underweight rating on the stock. The analysts explained the...

Levi Strauss Reviews Dockers Brand for Potential Sale, Lowers Annual Revenue Forecast

Levi Strauss (NYSE:LEVI) announced that it is exploring strategic alternatives for its Dockers brand, including a potential sale, while also lowering its full-year revenue...

Constellation Brands Surpasses Q2 Expectations, But Stock Falls 2 percent

Constellation Brands (NYSE:STZ) reported stronger-than-expected second-quarter earnings, driven by the continued success of its beer division, which outpaced the broader beverage market. However, following...

Elon Musk richest billionaire in the world according to Forbes, Bloomberg Billionaire Index, CWEB reports

Elon Musk is the richest billionaire in the world, according to both Forbes 400 and the Bloomberg Billionaire List. While Forbes has listed the...

Tesla Stock Falls Amid Lower-Than-Expected Deliveries

Tesla's stock experienced a drop after the electric vehicle giant reported weaker-than-expected delivery numbers. Investors had anticipated stronger growth in vehicle deliveries, but the...

Jobs Report Could Still Keep 50bps Fed Cut in Play, Says BofA

Bank of America (BofA) has weighed in on the recent jobs report, cautioning that despite the data, a 50 basis point (bps) rate cut...

AI-Driven Stock Picks for October Following September’s Strong Gains

After securing three wins with notable gains in September, the AI-powered stock-picking system has identified several promising stocks for October. As investors eye fresh...

Stock Market Edges Higher Despite Rising Middle East Tensions

The stock market closed with modest gains, led by the Dow Jones Industrial Average, which eked out a small increase despite escalating tensions in...

Goldman Sachs Suggests S&P 500 Could Surpass 6,000 by Year-End

Goldman Sachs has raised eyebrows with a bold projection that its current 6,000-point price target for the S&P 500 may actually be too conservative,...

Citi Reiterates Neutral Rating on Paychex Following Q1 Earnings

Citi analysts reaffirmed a Neutral rating and a $145 price target on Paychex (NASDAQ:PAYX) after the company delivered largely in-line Q1 revenue results, easing...

RBC Capital Maintains Sector Perform Rating on Hershey, Cites Mars’ Price Hikes

RBC Capital analysts reiterated their Sector Perform rating and maintained a $205 price target on Hershey (NYSE:HSY) stock, following recent channel checks that revealed...

Ford Earns an Upgrade at Goldman Sachs

Goldman Sachs analysts upgraded Ford (NYSE:F) to a Buy, citing strong margin potential from its growing software and services business, particularly through its commercial...

ConAgra Brands Misses Q1 Estimates, Shares Drop 8 percent

ConAgra Brands (NYSE:CAG) reported disappointing first-quarter fiscal 2025 results, falling short of Wall Street expectations as the company faced inflationary pressures and temporary manufacturing...

Tesla Falls 6 percent After Q3 Deliveries Fail to Impress Analysts

Tesla (NASDAQ:TSLA) shares dropped over 6% intra-day today after the company announced third-quarter 2024 deliveries of 462,890 vehicles. While this figure aligned with Wall...

Nike Shares Drop 7 percent After Q1 Results, Withdraws Guidance and Postponed Investor Day

Nike (NYSE:NKE) reported mixed fiscal first-quarter results, with revenue missing Street expectations and the company announcing it would delay its planned investor day amidst...

Why did Tesla stock fall despite increase in third quarter sales? CWEB reports

Tesla (TSLA) reported an increase in third-quarter delivery numbers. However, the share price of electric vehicle makers fell by about 3.5 percent after the...

Watch Meta Quest 3S, Orion launch, CWEB compares Meta mixed reality with Apple Vision Pro

Meta recently launched its latest mixed reality headset at a very affordable price, more than 10 times less than the Apple Pro Vision mixed...

Walmart Expands Access to Cancer Care: A New Era in Health Services

Walmart (WMT), one of the largest retailers in the world, is making significant strides in healthcare by expanding access to cancer care. This initiative...

Affirm: Revolutionizing Consumer Finance in the Digital Age. CWEB reports.

The consumer finance landscape has significantly transformed in recent years, driven by technological advancements and changing consumer behavior. Affirm (AFRM) is a standout player in...

S&P 500, Nasdaq, and Russell 2000 Show Increasingly Bullish Skew: Citi

According to a recent analysis by Citi, the S&P 500, Nasdaq, and Russell 2000 indices are exhibiting a growing bullish trend. This development comes...

Goldman Sachs Raises Its Gold Price Forecast for Early 2025

Goldman Sachs has revised its gold price forecast, expecting the precious metal to surge by early 2025. This upward revision reflects the bank’s view...

S&P 500 Closes Lower as Rising Middle East Tensions Weigh on Market

The S&P 500 closed lower as escalating tensions in the Middle East spooked investors, creating uncertainty and weighing on the broader market. Geopolitical developments...

S&P 500 Could Hit Unprecedented 6,000 by Year-End After Unusual September Gains

The S&P 500 could be on track to hit an unprecedented 6,000 points by the end of the year, according to market analysts. This...

Meta and Australian Banks Tackle Celebrity Scam Ads

Meta, the parent company of Facebook and Instagram, is collaborating with major Australian banks to combat the proliferation of scam advertisements that exploit the...

Volvo Cars Reports Meager 1 percent Sales Increase in September Amid Market Volatility

In a challenging market environment, Volvo Cars has reported a modest 1% increase in sales for September, reflecting ongoing volatility and shifting consumer preferences...

Earnings Call Recap: UNFI Reports Robust Q4 and Outlines Strategic Growth Plan

United Natural Foods, Inc. (UNFI) has reported a strong performance in its fourth quarter, showcasing resilience and strategic initiatives aimed at fostering future growth....

Market Overview: Asia Stocks Slide as Oil Prices Extend Gains Amid Middle East Risks

Asian markets are experiencing a downturn as concerns about geopolitical tensions in the Middle East escalate, causing oil prices to rise further. Here’s an...

Market Update: Futures Lower Amid Middle East Violence and Key Debates

Futures are trading lower as investors grapple with escalating tensions in the Middle East and anticipate the implications of key political debates. Here’s a...

Paychex Earnings Call: Steady Growth Amid Market Headwinds

In its latest earnings call, Paychex reported steady growth, showcasing resilience despite various market challenges. Here’s a summary of the key highlights: Financial Performance Revenue Growth:...

Palatin Technologies Earnings Call: Pipeline Progress and Asset Sale Strategy in FY 2024

In its recent earnings call, Palatin Technologies highlighted significant developments in its pipeline and an asset sale strategy aimed at enhancing its financial health...

McCormick Earnings Call: Stable Growth and 2024 Outlook

McCormick & Company recently reported stable growth in its latest earnings call, with the company positioning itself for continued momentum in 2024. Key insights...

WWII-Era Bomb Explodes, Shutting Down Japan’s Chubu Airport

A WWII-era bomb exploded near the runway at Japan's Chubu Centrair International Airport, resulting in the cancellation of 87 flights. This incident caused a...

Indonesia Stocks Drop as IDX Composite Closes 1.75 percent Lower

The Indonesia Stock Exchange (IDX) Composite Index dropped by 1.75% at the close of trading, signaling broader market concerns. This decline highlights ongoing economic...

Boeing Union Appeals to CEO Amid Health Coverage Cuts for Striking Workers

Striking workers at Boeing, represented by the union, have appealed directly to CEO Dave Calhoun following the company's decision to cut health coverage. The...

Nike Q1 Revenue Misses Estimates; Investor Day Postponed

Nike's first-quarter revenue fell short of analysts' expectations, leading the global sportswear giant to postpone its much-anticipated investor day. The revenue miss highlights the...

European Energy and Defense Stocks Surge Amid Middle East Tensions

As tensions escalate in the Middle East, European energy and defense companies are seeing a significant rise in stock prices. Investors are flocking to...

Maersk Maintains Beirut Port Operations Amid Business Disruption

Despite the ongoing business disruptions at Beirut’s port, Maersk, one of the world’s largest shipping companies, has continued its operations in the region. The...

European Shares Defy Global Downturn Amid Middle East Tensions and Energy Stock Surge

Despite a global market downturn, European shares have shown resilience, largely driven by gains in the energy sector. The ongoing geopolitical tensions in the...

Harley-Davidson Shares Fall as Baird Downgrades Stock to Neutral

Harley-Davidson’s stock took a hit as Baird downgraded its rating from "Outperform" to "Neutral." The downgrade reflects concerns over slowing sales and market demand...

Global Equity Fund Inflows Rebounded Sharply in September: HSBC

September witnessed a robust recovery in global equity fund inflows, signaling renewed investor confidence in global markets, according to HSBC. This resurgence in fund...

Slew of Data to Reinforce Outlook for Soft Landing in U.S. Economy: BofA

Bank of America (BofA) analysts are optimistic about the future of the U.S. economy, projecting a "soft landing" as various economic indicators show resilience...

Growth to Slow, Inflation to Rise if Trump Implements Tariff Plan: Morgan Stanley

Morgan Stanley recently weighed in on the potential economic fallout if former President Donald Trump follows through on his proposed tariff plan. According to...

Weekly Equities Preview: September Jobs Report Takes Center Stage

As the U.S. stock market prepares for another pivotal week, all eyes will be on the upcoming September Jobs Report, which is expected to...

Tesla Investor Sentiment Unlikely to Shift After Robotaxi Day, Says Barclays

Barclays analysts predict that Tesla's much-anticipated Robotaxi Day event will likely have minimal impact on shifting investor opinions about the company's long-term trajectory. Despite...

Fed’s Bostic Open to Another Jumbo Rate Cut if Job Market Weakens

Federal Reserve official Raphael Bostic has indicated that the Fed could be open to another substantial interest rate cut if the labor market shows...

Stock Market Today: S&P 500 Wraps Up Q3 with Big Gains on Further Rate Cut Hopes

The S&P 500 finished the third quarter of 2024 on a high note, fueled by optimism surrounding potential further rate cuts by the Federal...

Powell Signals Fed to Continue Rate Cuts, But Path Isn’t on a Preset Course

In a recent address, Federal Reserve Chair Jerome Powell hinted that the U.S. central bank is likely to continue its rate-cutting policy in the...
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