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Business

Exclusive Preview: Groupon (GRPN) Earnings Report – What to Expect Ahead of Tomorrow’s Big Release By CWEB Business News

As Groupon (NASDAQ: GRPN) prepares to release its highly anticipated earnings report tomorrow, investors and market analysts are buzzing with optimism. The e-commerce pioneer,...
Business

CWEB Business News: FCC Greenlights Landmark $8.4 Billion Merger Between Paramount Global and Skydance Media, Ushering in a New Era for Hollywood

Exclusive Report | Media Industry Shakeup The U.S. Federal Communications Commission (FCC) has officially approved the blockbuster $8.4 billion merger between Paramount Global (PARA) and Skydance Media, marking...
Business

Morgan Stanley’s New Top Pick in AI Chips: Exploring the Investment Opportunity

Business
In the fast-evolving landscape of artificial intelligence (AI), chip stocks continue to be a hot topic for investors. Recently, Morgan Stanley highlighted a new...

Jumbo Fed Rate Cut in September Unlikely as Market Adjusts Expectations

Business
The Federal Reserve's policy decisions continue to be a focal point for investors and market participants. Recently, the likelihood of a jumbo rate cut...

Nvidia Stock Surges as CEO Huang Highlights Strong AI Demand

Business
Nvidia, a leader in the semiconductor industry, has seen a notable surge in its stock price following optimistic remarks from CEO Jensen Huang. The...

Top Picks in China’s Internet Sector: Bernstein’s Leading Firms

Business
China's internet sector continues to be a hotbed of investment opportunities, with various firms demonstrating strong growth potential. According to Bernstein, three companies stand...

Why the Recent Pullback in Google Stock Might Be a Buying Opportunity

Business
In recent market analysis, Piper Sandler has suggested that the current pullback in Google (Alphabet Inc.) stock presents a strategic opportunity for investors to...

Apple iPhone 16 Reveal: What to Expect and How AI Integration Could Shape Its Future

Business
Apple’s recent unveiling of the iPhone 16 has stirred considerable buzz, although the presentation brought few surprises. Instead, the focus has shifted to the...

Tesla’s New Tech Innovations: How Robotaxi and Optimus Position It as a Leader

Business
Tesla continues to push the boundaries of technology with its ambitious projects, notably the Robotaxi and Optimus robot. These innovations are positioning Tesla as...

Buy the Dip or Sell the Rip: Why History Shows Selloffs Offer Buying Opportunities

Business
In the volatile world of stock markets, the age-old debate of whether to buy the dip or sell the rip has been a recurring...

Palantir Stock Reaches New Street High Target with Strong AI Prospects

Business
Palantir Technologies Inc. (NYSE: PLTR), a leader in big data analytics and artificial intelligence (AI), has recently earned a new Street-high price target from...

HSBC Recommends Buying This Major Chip Stock for Untapped AI Growth Potential

Business
In the ever-evolving tech landscape, artificial intelligence (AI) is a transformative force, creating new opportunities across sectors. One of the sectors witnessing substantial gains...

S&P 500 Could Fall to the Low 4000s if Economic Conditions Worsen: Insights from The Sevens Report

Business
The S&P 500, a key barometer of U.S. stock market performance, faces the potential of a significant decline into the low 4000s if current...

Fed’s Upcoming Projections May Indicate Deeper Rate Cuts Than Expected: Insights from Citi

Business
As the global economy navigates through a period of uncertainty, the focus is now on the Federal Reserve's upcoming projections, which could signal more...

Tech Stocks Lead as S&P 500 Surges Amid Energy and Financial Sector Slump

Business
The stock market landscape has always been dynamic, with different sectors driving gains and losses on any given day. Recently, the S&P 500 demonstrated...

Asian Stocks Dip After U.S. Presidential Debate; Chinese Shares Hit 7-Month Low

Business
The Asian stock market experienced turbulence recently, impacted by political developments in the United States and economic uncertainties in China. The recent U.S. presidential...

Rightmove Rejects $7.3 Billion Takeover Offer from Murdoch’s REA Group

Business
UK property portal Rightmove has rejected a $7.3 billion acquisition offer from REA Group, which is backed by media mogul Rupert Murdoch. The offer,...

Lynk & Co to Keep Prices Stable Amid Tariff Uncertainty, Says Europe CEO

Business
Chinese-Swedish auto brand Lynk & Co has announced that it will not raise prices in response to potential tariffs in Europe. This decision comes...

Fox News Proposes Second Presidential Debate in October

Business
Fox News has put forward a proposal for hosting the second U.S. presidential debate in October, aiming to shape the national conversation ahead of...

Ford Holds Talks with Indian State to Restart Production for Exports

Business
Ford has initiated discussions with the government of Tamil Nadu, India, to potentially restart its production operations in the state, focusing primarily on exports....

JPMorgan Analyzes Potential Double Bottom in Japanese Stocks

Business
Japanese stocks have recently faced increased volatility, raising concerns among investors about the possibility of a double bottom formation. JPMorgan analysts have weighed in...

Inditex’s Profits Rise 10 percent in First Half Despite Slower Sales Growth

Business
Zara owner Inditex has reported a 10% rise in profits during the first half of the year, despite slower sales growth. The world’s largest...

Taiwan Stocks Close Lower, Weighed Down by Market Sentiment

Business
Taiwan's stock market closed lower as the Taiwan Weighted Index declined by 0.38%, reflecting the current market pressures that are influencing investor sentiment. The...

Mitsui to Double Share Buyback Spending to $2.8 Billion

Business
Mitsui & Co., one of Japan's largest trading houses, has announced its decision to double its share buyback spending to $2.8 billion. This move...

ADNOC to Acquire Covestro for $15.9 Billion: Strategic Expansion in Chemicals

Business
ADNOC (Abu Dhabi National Oil Company) has made headlines with its acquisition of Covestro, a leading German plastics manufacturer, for a staggering $15.9 billion....

Apple loses back taxes court battle against EU, to pay 13 billion euros, shares fall, CWEB reports

Business
Apple (AAPL) has lost a decade-long battle over back taxes in the European Union. The European Court of Justice has ruled that Apple has...

Walmart Unveils 2024 Holiday Magic with Top Toys List and Exclusive Barbie World Collection

Business
As the holiday season draws near, Walmart (WMT) is set to bring excitement to families with its 2024 Top Toys List launch and a...

BoFA Cautions Against Buying the Dip in Tech Stocks: What Investors Need to Know

Business
Bank of America (BoFA) recently released a warning for investors looking to capitalize on the recent dip in tech stocks. While the tech sector...

Oracle’s Q1 Results Beat Estimates: A New Chapter with Amazon Cloud Agreement

Business
Oracle Corporation recently announced its fiscal Q1 results, exceeding Wall Street estimates and showcasing its steady growth in the cloud computing space. A significant...

S&P 500 Rebounds as Markets Eye Inflation Data: What’s Next for Investors?

Business
After a slump last week, the S&P 500 has rebounded, showing signs of recovery as market participants focus on upcoming inflation data. The anticipation...

Fed Keeps 50bps Rate Cut Option Open: What It Means for the Economy and Investors

Business
As economic conditions remain uncertain, the Federal Reserve (Fed) has taken a cautious approach regarding future rate cuts. While there is speculation about potential...

Apple Announces iPhone 16: Key Updates and Market Implications

Business
Apple has once again captured the spotlight with the announcement of its highly anticipated iPhone 16 at a recent live event. As one of...

Asian Stocks Climb Amid Inflation Concerns; China Faces U.S. Market Jitters

Business
Asian stocks recently saw an upward trend as investors navigated the complex dynamics of inflation concerns and global market volatility. While most Asian markets...

Economic Worries Resurface on Wall Street: Implications After Recent Jobs Data

Business
Recent jobs data has reignited economic concerns on Wall Street, highlighting potential risks and uncertainties in the market. Understanding the implications of these concerns...

Bitcoin’s Historical Cycle: Predicting a Massive Rally in 2025

Business
Bitcoin, the leading cryptocurrency, is often scrutinized for its historical performance and future potential. Recent analyses suggest that Bitcoin's historical cycle may predict a...

China’s Consumer Prices Surge: Analyzing the Impact of August’s Inflation Data

Business
In August, China witnessed a notable rise in consumer prices, marking a significant shift in the country’s inflation dynamics. This uptick in consumer prices...

Couche-Tard’s Strategic Move: Approaching Seven & I After $38.5 Billion Offer Rejection

Business
Alimentation Couche-Tard, a leading global convenience store operator, is reportedly preparing to reapproach Seven & I Holdings after their initial $38.5 billion acquisition offer...

What’s the Outlook for Nvidia’s Gross Margins?

Business
Nvidia has been at the forefront of the semiconductor industry, especially with its dominance in graphics processing units (GPUs) and artificial intelligence (AI) technologies....

Samsung SDI Sells Polarizing Film Business to Chinese Firm for $836 Million

Business
In a strategic move to refocus its business operations, Samsung SDI has announced the sale of its polarizing film division to a Chinese company...

Norfolk Southern CEO to Step Down Amid Misconduct Probe: What It Means for the Company’s Future

Business
Norfolk Southern, one of the largest rail transportation companies in the U.S., is facing a leadership crisis as its CEO, Alan Shaw, is set...

South Korea’s K-Bank Announces $732 Million IPO: A New Milestone in Digital Banking

Business
K-Bank, South Korea’s first internet-only bank, has officially announced its plan to launch an initial public offering (IPO) worth up to $732 million. This...

Google’s Antitrust Trial on Online Advertising Begins: A Landmark Case in Big Tech Regulation

Business
Google is facing a pivotal moment as its antitrust trial over online advertising kicks off in what is one of the most significant legal...

Huawei Teases Trifold Smartphone: A Bold Move to Challenge Apple in China

Business
Huawei has once again positioned itself at the forefront of innovation in the smartphone industry by teasing a new trifold smartphone design. This cutting-edge...

Bending Spoons to Lay Off 75 percent of WeTransfer Staff After Acquisition: What This Means for the Tech Sector

Business
Bending Spoons, an Italian mobile app developer, has made headlines with its decision to lay off 75% of the staff at WeTransfer, the popular...

Big Lots Sells Business to Nexus Capital Amid Bankruptcy Proceedings: Key Takeaways for Investors

Business
Big Lots, a well-known U.S. discount retailer, has entered bankruptcy proceedings, marking a significant chapter in the company’s financial history. As part of its...

Asian Shares Slump Amid Wall Street Dive: Key Factors Driving Global Market Trends

Business
The global stock market experienced heightened volatility as Asian shares took a significant hit, dragged down by the recent sharp selloff on Wall Street....

MannKind Corporation (NASDAQ:MNKD) Sees Notable Performance Amid Market Fluctuations

Business
MannKind Corporation has experienced a 14.26% gain over the past month, despite a recent dip of about 10.43% in the last 10 days. The company's...

Sonder Holdings Inc. Partners with Marriott International to Enhance Hospitality Offerings

Business
Sonder Holdings Inc. (NASDAQ: SOND) announces a strategic licensing agreement with Marriott International, Inc. (NASDAQ: MAR), aiming to integrate over 9,000 Sonder units into...

Teradata Corp (NYSE:TDC) – A Promising Investment in Data Analytics and Cloud-Based Data Warehousing

Business
Recent performance shows a gain of approximately 6.12% over the past month, despite a slight dip of about -2.60% in the last 10 days. Target...

Avid Bioservices, Inc. (NASDAQ:CDMO) Achieves Record Financial Milestones

Business
Record-breaking fourth-quarter revenue of $43 million for the fiscal year ending April 30, 2024, highlights Avid Bioservices' strong market position and operational efficiency. The company...
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