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CWEB Fashion News Exclusive: Chanel Unveils Exquisite New COCO CRUSH Creations for 2025

In a dazzling fusion of timeless elegance and innovative craftsmanship, Chanel introduces its latest COCO CRUSH creations, redefining luxury with a contemporary edge. CWEB Fashion News is delighted to present...

Business August 9, 2025

CWEB Business News Analysis: OpenAI CEO Sam Altman Warns ChatGPT Conversations Lack Privilege Protection, Creating Legal Exposure for Users

In a striking revelation with profound implications for both individual users and corporate entities, OpenAI CEO Sam Altman has confirmed that ChatGPT conversations carry no legal privilege...

Business August 9, 2025

Fortinet’s Price Target Cut at Barclays

Business July 12, 2024

Barclays analysts adjusted their price target for Fortinet (NASDAQ:FTNT), lowering it to $70 from $75 while maintaining an Equalweight rating. The analysts outlined three main...

Citi Reiterates Buy Rating for HubSpot Despite Recent Share Dip

Business July 12, 2024

Citi analysts reaffirmed a Buy rating and a $767 price target on HubSpot (NYSE:HUBS) stock. The analysts commented on the recent 12% drop in...

Bank of America Raises Apple Price Target to $256, Citing Multi-Year iPhone Upgrade Cycle

Business July 12, 2024

Bank of America increased its price target for Apple (NASDAQ:AAPL) to $256 from $230, citing increased confidence in a multi-year iPhone upgrade cycle. BofA analysts...

PepsiCo Q2 Earnings Beat Estimates, Revenue Falls Short

Business July 12, 2024

PepsiCo (NASDAQ:PEP) reported Q2 EPS that exceeded analyst expectations, although revenue fell slightly short of forecasts. The company posted Q2 EPS of $2.28, beating the...

Delta Air Lines Shares Drop 8 percent Following Q2 Revenue Miss

Business July 12, 2024

Delta Air Lines (NYSE:DAL) saw its share price drop by around 10% intra-day today after revealing Q2 results that showed a revenue shortfall, despite...

Costco Raises Membership Fees and declares a quarterly cash dividend of $1.16 per share

Business July 11, 2024

Costco Wholesale Corp. has been raising its membership fees for the first time since 2017, increasing the basic membership cost. Costco Wholesale Corporation (“Costco”)...

NiSource Started With Outperform Rating at Mizuho Securities

Business July 11, 2024

NiSource (NYSE:NI) shares rose more than 1% on Wednesday after Mizuho analysts initiated coverage on the company with an Outperform rating and a price...

TSMC Shares Rise 3 percent on Strong Q2 Sales Driven by AI Boom

Business July 11, 2024

Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) rose more than 3% on Wednesday following the company's announcement of increased second-quarter sales, driven by the ongoing...

AMD Shares Surge 3 percent After Announcing $665 Million Acquisition of Silo AI

Business July 11, 2024

AMD (NASDAQ:AMD) shares surged over 3% on Wednesday following the announcement of its acquisition of Silo AI, Europe's largest private AI lab, for approximately...

Needham Upgrades Carvana to Buy, Sees Profitable Growth Ahead

Business July 11, 2024

Carvana (NYSE:CVNA) shares rose more than 4% on Wednesday after it was upgraded to Buy from Hold at Needham with a new price target...

LegalZoom Shares Plunge 25 percent After CEO Change and Reduced Revenue Forecast

Business July 11, 2024

LegalZoom (NASDAQ:LZ) shares plummeted over 25% on Wednesday following the announcement of a new CEO and a downward revision of its full-year revenue forecast. The...

Nomura Downgrades Super Micro Computer to Neutral Due to Limited Upside Potential

Business July 11, 2024

Nomura analysts downgraded Super Micro Computer (NASDAQ:SMCI) to Neutral from Buy, citing limited potential for further share price increases. Following Supermicro's robust guidance for Q4/23...

Apple’s Innovation Unveiled: Introducing the iPhone 16 Series and Apple Stock Boosts Nasdaq to All Time High

Business July 10, 2024

Apple's (AAPL) Innovation Unveiled: Introducing the iPhone 16 Series In the ever-evolving landscape of smartphones, Apple continues to lead with innovation, setting new benchmarks with...

Elon Musk Wins $500 Million Lawsuit Over Fired Twitter Workers

Business July 10, 2024

Elon Musk (TSLA) successfully dismissed a lawsuit alleging he refused to pay over $500 million in severance to thousands of Twitter employees laid off...

Consumer Alert: BMW Issues “Do Not Drive” Warning for Dangerous Takata Air Bags in 390,000 Older Models

Business July 10, 2024

More people are keeping their cars longer due to inflation, and car prices are very high and have increased greatly after COVID-19. There are...

Walmart to open five automated distribution centers, to modernize, increase retailer’s grocery growth

Business July 10, 2024

Walmart (WMT), the nation's largest retailer, is opening five automated centers nationwide. These facilities will help maintain and increase the giant retailer’s growth and...

American Express Receives Bullish Price Target from Analysts

Business July 10, 2024

Wells Fargo sets a new price target for American Express at $285, indicating a potential growth of 21.53%. Keefe, Bruyette & Woods raises its price...

Morgan Stanley Upgrades Devon Energy Corporation to Overweight

Business July 10, 2024

Morgan Stanley upgraded Devon Energy Corporation to an Overweight rating, indicating increased confidence in the company's market position and growth potential. Devon Energy's acquisition of...

AMC Entertainment Holdings Price Target Adjustment and Performance Highlights

Business July 10, 2024

Chad Beynon of Macquarie adjusts the price target for AMC Entertainment Holdings to $4, indicating a potential decrease in stock value. AMC reports significant achievements...

Argus Downgrades Chewy to Hold, Citing Near-Term Concerns Despite Market Share Growth

Business July 10, 2024

Argus analysts downgraded Chewy (NYSE:CHWY) to Hold from Buy. The analysts noted that despite Chewy's impressive growth and market share expansion in the pet...

Netflix Price Target Increased to $775 by TD Cowen Ahead of Q2 Results

Business July 10, 2024

TD Cowen analysts increased their price target on Netflix (NASDAQ:NFLX) to $775 from $725, while maintaining a Buy rating on the stock. The analysts noted...

Jefferies Ups Amazon Price Target to $235 on Strong AWS and Advertising Growth

Business July 10, 2024

Jefferies analysts expressed strong confidence in Amazon (NASDAQ:AMZN), raising their price target to $235 from $225 per share. They highlighted robust growth in Amazon...

UiPath to Cut 10 percent of Global Workforce in Restructuring Move, Shares down 7 percent

Business July 10, 2024

UiPath Inc. (NYSE:PATH) shares fell nearly 7% on Tuesday after the company revealed plans to reduce its global workforce by approximately 10%. Approved by...

Corning’s Price Target Boosted to $50 by Argus Following Raised Guidance

Business July 10, 2024

Corning (NYSE:GLW) shares rose more than 3% on Tuesday after Argus analysts increased their price target on the company to $50 from $40 while...

Microsoft Price Target Raised to $526 by Argus Amid Strong AI and Cloud Prospects

Business July 10, 2024

Argus analysts increased their price target for Microsoft (NASDAQ:MSFT) to $526 from $475 while maintaining a Buy rating on the stock. The analysts noted that...

Stock to Watch – Chip Maker Arm Holdings Rallies. CWEB Reports.

Business July 9, 2024

Arm Holdings plc (NASDAQ:ARM) designs chips used by major semiconductor makers like Apple (AAPL), Qualcomm (QCOM), Nvidia (NVDA), and many others. Arm provides foundational...

Mother of six grocery receipt goes viral on social media, web fans have mixed responses

Business July 9, 2024

A mother of six from California recently shared a grocery receipt on social media, and the post went viral. Many web fans responded, though...

Paris, Italian parent’s luxury handbags made by exploited, undocumented Chinese workers, Milan court criticizes

Business July 9, 2024

Milan prosecutors recently raided luxury goods production in Italy and exposed the realities behind the outward glamour of luxury brands such as Dior, owned...

Johns Hopkins Medical School Receives $1B Donation, Making Education Free for Most Students from Michael Bloomberg

Business July 9, 2024

Billionaire Mike Bloomberg, who graduated with an engineering degree from Johns Hopkins in 1964, has donated $1 billion to the university to address the...

JPMorgan is Receiving a Rating Downgrade from Wolfe Research

Business July 9, 2024

Wolfe Research downgraded JPMorgan Chase & Co. to "Peer Perform" from "Outperform." JPMorgan reached new 52-week highs just days before the downgrade. The downgrade introduces caution despite...

Wells Fargo Updates Alphabet Inc. Price Target to $187

Business July 9, 2024

Wells Fargo has increased the price target for Alphabet Inc. to $187 from $168, reflecting a positive outlook on Alphabet's AI investments and market...

Deutsche Bank Raises Price Target for Southwest Airlines Co.

Business July 9, 2024

Deutsche Bank analyst Michael Linenberg has increased the price target for Southwest Airlines Co. to $32, indicating a potential upside of 18.78%. Rakesh Gangwal, co-founder...

Jefferies Reiterates Buy Rating on Best Buy with $94 Target, Highlights Potential Replacement Cycle

Business July 9, 2024

Jefferies analysts maintained their Buy rating and set a $94 price target for Best Buy (NYSE:BBY) stock. The analysts noted that in Fall 2023,...

Wedbush Increases Meta Platforms Price Target to $570 on Strong Advertiser Demand

Business July 9, 2024

Wedbush analysts raised their price target for Meta Platforms (NASDAQ:META) from $480 to $570, driven by strong advertiser demand highlighted in its recent digital...

Wolfe Research Raises NVIDIA Price Target to $150, Citing Strong Supply Chain Growth

Business July 9, 2024

Wolfe Research analysts increased their price target for NVIDIA (NASDAQ:NVDA) to $150 from $125 per share, citing promising supply chain checks that indicate substantial...

Oppenheimer Boosts Zeta Global Price Target to $20, Expects Continued Revenue Growth

Business July 9, 2024

Oppenheimer analysts increased their price target on Zeta Global Holdings Corp (NYSE:ZETA) to $20.00 from $18.00 while maintaining an Outperform rating. The analyst expressed continued...

CFRA Maintains Strong Sell on Lucid Group, Lowers Price Target to $1 Amid High Cash Burn

Business July 9, 2024

CFRA analyst Garrett Nelson reiterated a Strong Sell rating and set a $1 price target for Lucid Group (NASDAQ:LCID) following the company’s latest delivery...

BofA Securities Lowers PepsiCo Price Target to $190, Cites Soft Demand and Volume Challenges

Business July 9, 2024

BofA Securities analysts reduced their price target on PepsiCo (NASDAQ:PEP) to $190 from $210, while maintaining a Buy rating. The analysts noted that the food...

Boeing Pleads Guilty to Criminal Fraud with the FAA but Victims’ Families See No Pay Day

Business July 8, 2024

Boeing (BA) agreed to plead guilty to a conspiracy fraud charge related to the 737 Max crashes. The company also agreed to pay a...

Paramount Global Shares Surge on $8 Billion SkyDance Media Deal. CWEB Reports on the merger.

Business July 8, 2024

Paramount Global (PARA) Shares Surge on $8 Billion Skydance Media Deal Paramount Global (PARA) stock saw a significant rise on Monday following announcing a major...

Target makes changes including non-acceptance of personal checks, web fans disappointed

Business July 8, 2024

Target (TGT) has made several changes recently, some of which have disappointed web fans. The giant retailer made a major change in its financial...

Which Paris based company’s chairman bought personal stake in rival jewelry company? CWEB reports

Business July 7, 2024

Paris-based LVMH (LVMUY), the parent of several well-known luxury brands, has its jewelry and watch brands. Recently, its chairman, billionaire Bernard Arnault, bought a...

Nike Inc. Earnings Report Analysis

Business July 6, 2024

Nike Inc. (NYSE:NKE) exceeded EPS expectations with $1.01 against the forecasted $0.83, showcasing strong profitability. Revenue fell short at $12.61 billion versus the expected $12.86...

Bath Body Works, Inc.’s IPO Marks a Notable Entry into the Public Market

Business July 6, 2024

Bath & Body Works, Inc. launched its IPO at $17 per share, offering around 10.27 million shares. The IPO market has seen significant activity,...

Citigroup Upgrades Invesco Ltd. to Buy from Hold

Business July 6, 2024

Citigroup upgraded Invesco Ltd.to Buy, indicating a positive outlook for the investment management firm. Invesco demonstrates commitment to shareholder value with dividend declarations and an...

Loop Capital Sees Modest Revenue Upside for Datadog, Reiterates Buy Rating

Business July 6, 2024

Loop Capital analysts reaffirmed their Buy rating and set a $160 price target on Datadog (NASDAQ:DDOG) stock. The analysts expect modest revenue growth for...

Frontier Group Hit With a Downgrade at Raymond James, Stock Drops 5 percent

Business July 6, 2024

Frontier Group Holdings (NASDAQ:ULCC) stock plunged more than 5% intra-day today after Raymond James analysts downgraded the company to Underperform from Market Perform, adjusting...

Spirit Airlines Shares Drop 5 percent Following Raymond James Downgrade

Business July 6, 2024

Spirit Airlines (NYSE:SAVE) shares fell more than 5% intra-day today after Raymond James analysts downgraded the company to Underperform from Market Perform. The analysts...