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HomeBusiness

Business

Walmart is selling Paris Jewelry 18K White Gold & Yellow Gold White Sapphire Fashion Earrings – Only $7.99

Jewelry has always been a symbol of elegance and personal expression. Today, you don’t need to splurge to own a piece of timeless sophistication....
Business

CWEB Business News Reddit Stock Soars 17% After Strong Q2 Earnings and Upbeat Q3 Revenue Forecast

Reddit (NYSE: RDDT) experienced a significant surge in its stock price, climbing 17% in Friday's trading session following the release of its second-quarter earnings...
Business

MGM Resorts International (NYSE:MGM) Surpasses Quarterly Earnings Expectations

Business
MGM Resorts International (NYSE:MGM) reported earnings of $0.59 per share (GAAP), beating the Zacks Consensus Estimate of $0.56 (GAAP) per share. The company posted revenue...

Piper Sandler Raises Cheesecake Factory Price Target to $39 on Strong Q2 Performance

Business
Piper Sandler analysts raised the price target for Cheesecake Factory (NASDAQ:CAKE) to $39.00, up from $37.00, while maintaining a Neutral rating. Cheesecake Factory announced its...

Reddit Upgraded to Buy by Loop Capital, Shares Gain 4 percent

Business
Reddit (NYSE:RDDT) shares rose more than 4% pre-market today after Loop Capital upgraded the company to a Buy from Hold . The upgrade comes...

Datadog Earns an Upgrade at BTIG

Business
BTIG upgraded Datadog (NASDAQ:DDOG) to a Buy from Neutral, with a new price target of $143 per share, highlighting a promising "underappreciated Splunk displacement...

Mobileye Stock Drops 10 percent After Reducing Full-Year Revenue Guidance

Business
Mobileye (NASDAQ:MBLY) shares plummeted 10% in pre-market today after the autonomous driving technology company lowered its revenue guidance for the full fiscal year 2024,...

Western Digital Shares Fall 4 percent After Q4 Revenue Miss and Cautious Outlook

Business
Western Digital Corp. (NASDAQ:WDC) shares dropped more than 4% in pre-market today after the company reported fourth-quarter revenue that fell short of Wall Street...

Qualcomm Posts Strong Q3 Earnings and Optimistic Guidance

Business
Qualcomm (NASDAQ:QCOM) announced third-quarter results that surpassed analyst predictions and issued an upbeat forecast for the fourth quarter. For the third quarter, Qualcomm reported earnings...

Mobileye Global Faces Economic Challenges, Revises Revenue Forecast Downwards

Business
Mobileye Global (NASDAQ:MBLY) revises its annual revenue forecast downwards due to decreased demand for driver-assistance chips. The company's financial health remains strong with a low...

Arm Holdings Faces Mixed Investor Sentiments Amid Unchanged Fiscal 2025 Guidance

Business
Arm Holdings' stock price experienced an 15% drop following the announcement of unchanged fiscal 2025 guidance, despite a projected 27% CAGR in revenue growth. Citigroup...

Boeing Shares Rise 2 percent on CEO Announcement Despite Earnings Miss

Business
Despite posting lower-than-expected earnings and revenue, Boeing (NYSE:BA) saw its shares rise by 2% on Wednesday following the announcement of Kelly Ortberg as the...

GE HealthCare Shares Rise 2 percent Following Q2 Earnings Beat

Business
GE HealthCare (NASDAQ:GEHC) shares rose more than 2% on Wednesday after the company reported stronger-than-expected second-quarter earnings, but reduced full-year outlook, primarily impacted by...

Pinterest Shares Plunge 14 percent on Disappointing Q3 Outlook Despite Q2 Beat

Business
Pinterest, Inc. (NYSE:PINS) saw its shares plummet 14% on Wednesday following a softer-than-expected outlook for the third quarter. The company reported Q2 revenue of...

Starbucks Shares Rise 2 percent Despite Q3 Revenue Miss as Earnings Meet Expectations

Business
Starbucks Corporation (NASDAQ:SBUX) shares rose more than 2% on Wednesday after the company reported mixed fiscal third-quarter results, with earnings meeting expectations but revenue...

Microsoft Shares Fall on Slower Cloud Revenue Growth Despite Q4 Earnings Beat

Business
Microsoft Corporation (NASDAQ:MSFT) shares dipped 1% on Wednesday following the release of its fourth-quarter earnings report, which revealed cloud revenue growth falling short...

MasterCard Shares Rise 3 percent on Strong Q2 Earnings and Revenue Beat

Business
MasterCard (NYSE:MA) shares surged more than 3% on Wednesday following the company's impressive fiscal Q2 performance, which exceeded market expectations for both earnings and...

Qualcomm Incorporated’s Third-Quarter Earnings Report Highlights

Business
Significant drop in net income growth by approximately 15.9% and operating income growth by roughly 20.1%. Remarkable rise in free cash flow growth by approximately...

Pomerantz LLP Investigates CrowdStrike Holdings, Inc. (NASDAQ: CRWD) for Potential Securities Fraud

Business
Pomerantz LLP is investigating CrowdStrike Holdings, Inc. (NASDAQ: CRWD) for potential securities fraud following a significant software outage on July 19, 2024. The outage, caused...

Warren Buffett’s Berkshire Hathaway Reduces Stake in Bank of America

Business
Berkshire Hathaway sells approximately 18.41 million shares of Bank of America (NYSE:BAC), valued at around $770 million, as part of a broader strategy to...

Intel Corporation’s Financial Health and Strategic Direction Amidst Challenges

Business
Intel Corporation (NASDAQ:INTC) is predicted to report a loss of $448.05 million this quarter, highlighting the challenges it faces amidst increased R&D expenses. The company's...

Starbucks (NASDAQ:SBUX) Financial Performance Analysis

Business
Revenue and EPS: Starbucks reported a slight decrease in revenue to $9.11 billion and a drop in EPS from $1.00 to $0.93. Comparable Store Sales:...

SoFi Technologies Inc (NASDAQ: SOFI) Earnings Report Analysis

Business
SoFi Technologies Inc (NASDAQ: SOFI) showcased strong performance in its home loans segment, leading to a temporary uptick in stock price. The stock has struggled...

HSBC Announces Plans to Return $3 Billion to Shareholders

Business
HSBC's CEO, Noel Quinn, announces plans to return an additional $3 billion to shareholders, highlighting the bank's strong performance and optimistic future outlook. The decision...

Toyota Motor Corporation’s Quarterly Earnings Report: A Look into the Future

Business
Toyota Motor Corporation (NYSE:TM) is expected to report another period of double-digit growth, driven by the demand for hybrid vehicles. The stock price of Toyota...

Diamond Hill Investment Group Inc. (NASDAQ:DHIL) Welcomes New Board Member

Business
Diamond Hill Investment Group Inc. (NASDAQ:DHIL) appoints Gordon Fowler to its Board of Directors, aiming to leverage his extensive experience in the financial services...

BorgWarner (NYSE:BWA) Faces Financial Challenges in Upcoming Quarter

Business
Anticipated declines in both earnings and revenue for BorgWarner, with earnings per share expected to decrease by 26.7% and revenue projected to fall by...

DuPont de Nemours’ Quarterly Earnings Overview

Business
DuPont de Nemours (NYSE:DD) reported earnings of $0.97 per share, surpassing the Zacks Consensus Estimate of $0.85 per share. Beating the Zacks Consensus Estimate indicates...

Merck Exceeds Q2 Earnings and Revenue Estimates But Stock Drops 10 percent on Lowered Full-Year EPS Guidance

Business
Merck (NYSE:MRK) delivered a strong second quarter, reporting an EPS of $2.28, which beat analysts' expectations by $0.12. The pharmaceutical giant also surpassed revenue...

Procter & Gamble Shares Drop 6 percent on Q4 Revenue Miss Despite EPS Beat

Business
Shares of Procter & Gamble (NYSE:PG) dropped 6% intra-day today after the consumer goods giant reported a revenue miss for its fourth quarter, despite...

Novavax Shares Tumble Over 26 percent After JPMorgan Downgrade

Business
Novavax (NASDAQ:NVAX) shares plummeted over 26% intra-day today after JPMorgan analysts downgraded the stock from Neutral to Underweight. This downgrade follows a significant period...

SmartRent Shares Plunge 21 percent Premarket Following CEO Resignation and Suspension of Full-Year Guidance

Business
SmartRent (NYSE:SMRT) shares plunged over 21% intra-day today following significant leadership changes and the suspension of its full-year guidance. The company announced that founder and...

PayPal Rises 8 percent as Q2 Earnings and Revenue Surpass Expectations

Business
PayPal (NASDAQ:PYPL) saw its shares climb 8% intra-day today after reporting second-quarter earnings and revenue that surpassed analyst expectations. The company announced an EPS of...

Pfizer Shares Drop 2 percent Despite Strong Q2 Earnings Beat and Upgraded Full-Year Guidance

Business
Pfizer (NYSE:PFE) saw a 2% drop in its stock price intra-day today despite the announcement of its updated full-year guidance and stronger-than-anticipated second-quarter results. The...

Buckle Up: Big Tech Earnings and FOMC Dominate the Week

Business
Buckle Up: Big Tech Earnings and FOMC Dominate the Week  Get ready for a potentially volatile week in the stock market, as two key events...

Fed on Hold This Week, September Cut on the Horizon?

Business
Fed on Hold This Week, September Cut on the Horizon?  The Federal Reserve (Fed) is widely expected to maintain interest rates at its policy meeting...

Tesla Surges on Morgan Stanley Upgrade: Top Pick with 40 percent Upside

Business
Tesla Surges on Morgan Stanley Upgrade: Top Pick with 40% Upside  Tesla bulls are rejoicing after Morgan Stanley upgraded the electric vehicle (EV) giant to...

Bull Market on the Brink? This Week Could Be Pivotal

Business
Bull Market on the Brink? This Week Could Be Pivotal  The 2024 bull market has been on a tear, but this week could be a...

FOMC Week: Rally or Rollercoaster?

Business
FOMC Week: Rally or Rollercoaster?  This week promises to be a pivotal one for the financial markets, with the Federal Open Market Committee (FOMC) meeting...

AI Titans Collide: NVIDIA’s Huang and Meta’s Zuckerberg Discuss the Future

Business
AI Titans Collide: NVIDIA's Huang and Meta's Zuckerberg Discuss the Future  Get ready for a clash of the titans! Tonight, NVIDIA's CEO Jensen Huang and...

Market on Edge: Fed and Tech Earnings in Focus

Business
Market on Edge: Fed and Tech Earnings in Focus The U.S. stock market closed higher on Monday, but a sense of caution lingers as investors...

AMD: Overcorrected or Time for Caution?

Business
AMD: Overcorrected or Time for Caution?  Barclays analysts believe Advanced Micro Devices (AMD) stock has undergone an overcorrection and presents a buying opportunity. This comes...

Asian Stocks Dive as Central Bank Meetings Loom, China Slumps

Business
Asian Stocks Dive as Central Bank Meetings Loom, China Slumps Asian stock markets tumbled on Tuesday, erasing earlier gains, as investor sentiment turned cautious ahead...

BOJ Preview: Will Rates Rise While QE Fades?

Business
BOJ Preview: Will Rates Rise While QE Fades? The Bank of Japan (BOJ) is set for its policy meeting, and investors are anxiously awaiting clues...

Nvidia’s Dominance in the AI and GPU Market: Insights from Elon Musk and Investment Trends

Business
Nvidia maintains a 98% market share in 2023, highlighting its dominance in AI and GPU sectors. Elon Musk's endorsement of Nvidia underscores the critical role...

Exploring the Success of Tech-Focused ETFs: Invesco QQQ Trust, iShares U.S. Technology ETF, and Technology Select Sector SPDR Fund

Business
The iShares U.S. Technology ETF, and Technology Select Sector SPDR Fund have significantly outperformed the S&P 500, with return exceeding 400% over the 10...

Tilray’s Fiscal Q4 Performance: A Mixed Financial Picture

Business
Tilray NASDAQ:TLRY exceeds top and bottom street estimates in fiscal Q4, indicating significant financial improvement. The company's negative P/E ratio of -1.42 and challenges in...

The iShares Semiconductor ETF (NASDAQ:SOXX) Faces a Critical Earnings Season

Business
The iShares Semiconductor ETF (NASDAQ:SOXX) has seen impressive one-year gains of 28.28% and a Price-to-Earnings (PE) ratio of 36, but faces uncertainty as the...

Insights into Dell Technologies’ Stock Performance and Market Position

Business
Dell Technologies (NYSE:DELL) has seen a 48.68% increase in its stock price from January this year due to its significant role in the AI-driven...

Netflix’s Impressive Growth and Strategic Initiatives Propel Its Stock

Business
Netflix (NASDAQ:NFLX) has experienced a significant stock price increase of 33.82% since the beginning of the year, outperforming its sector. The company's focus on original...
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