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Business

CWEB Business News BioAffinity Technologies Faces Financial Hurdles Despite Strong Revenue Growth for CyPath Lung

bioAffinity Technologies (NASDAQ: BIAF), a leader in innovative diagnostic solutions, has reported a 62% year-over-year revenue increase for its flagship product, CyPath Lung, in...
Business

CWEB Business News BMO Capital Sets $375 Price Target for Constellation Energy (CEG), Highlighting Strong Growth Potential

James Thalacker, an analyst at BMO Capital, has reaffirmed confidence in Constellation Energy (NASDAQ: CEG) with a price target of $375, signaling a potential...
Business

StepStone Group LP Surpasses Earnings Expectations in Fiscal Q4 2024

Business
StepStone Group LP reported an EPS of $0.33, beating the estimated EPS of $0.28, and revenue of $215.9 million, exceeding estimates significantly. The company has consistently...

Ross Stores Price Target Raised by Barclays

Business
Barclays has increased the price target for Ross Stores to $165 from its previous target, indicating a bullish outlook. Ross Stores reported a revenue of...

UBS Sets New Price Target for Toll Brothers, Indicating Strong Growth Prospects

Business
John Lovallo of UBS has set a new price target for Toll Brothers at $154, suggesting a potential upside of 29.2%. The company's recent earnings...

Booz Allen Hamilton’s Quarterly Earnings Preview

Business
Booz Allen Hamilton is set to release its quarterly earnings with an anticipated EPS of 1.22 and revenue estimates of $2.72 billion. The company holds...

Snowflake Inc. Reports Mixed Financial Results for Q1 2024

Business
Snowflake's revenue of approximately $828.7 million exceeded expectations, showcasing the company's strong performance in the cloud-based data warehousing market. The company's EPS of $0.14 fell...

Jaguar Health, Inc. Undergoes Reverse Stock Split

Business
Jaguar Health, Inc. executed a 60-for-1 reverse stock split to meet regulatory requirements and attract investors. The reverse stock split was a response to a...

Ryanair Holdings plc Quarterly Earnings Preview

Business
Ryanair is set to release its quarterly earnings with an anticipated EPS of -1.32 and expected revenue of $2.31 billion. The company reported a 25%...

Golden Ocean Group Limited Surpasses Q1 Earnings Expectations

Business
Golden Ocean Group Limited reported a strong financial performance in Q1 2024, with an EPS of $0.29 and revenue of $246.74 million, surpassing estimates. The company...

AKANDA Announces 40-for-1 Reverse Stock Split

Business
AKANDA will undergo a 40-for-1 reverse stock split to adjust its share structure and maintain its trading activities on the Nasdaq Capital Market. The reverse...

PetMed Express, Inc. Quarterly Earnings Preview

Business
PetMed Express is set to release its quarterly earnings with an expected EPS of $0.06 and projected revenue of $65 million. A conference call is...

Arbe Robotics Ltd. Earnings Report Highlights

Business
Arbe Robotics Ltd. reported a significant miss in both earnings per share (EPS) and revenue for Q1 2024. The company's revenue and EPS fell short of...

Dorian LPG Ltd. Surpasses Earnings Expectations in Q4 Fiscal Year Results

Business
Dorian LPG Ltd. reported an EPS of $1.91, exceeding the anticipated $1.81, highlighting its operational efficiency and profitability. Dorian is missing revenue expectations with $141.4 million...

RBC Capital Upgrades GoodRx Holdings Inc. to Outperform

Business
RBC Capital upgrades GoodRX to Outperform, signaling strong market potential. GoodRx introduces discounts up to 43% on fertility treatments, enhancing its value proposition in the...

Photronics, Inc. Q2 Fiscal Year 2024 Earnings Report Highlights

Business
Photronics, Inc. reported EPS of $0.46 and revenue of $217 million, missing analysts' expectations. The company faced challenges including soft demand post-Chinese New Year and...

Vipshop Holdings Slashed to Hold at Benchmark Following Q1 Results

Business
Benchmark analysts downgraded Vipshop Holdings (NYSE:VIPS) from Buy to Hold following the company’s reported disappointing first-quarter results and subdued growth outlook for fiscal year...

Target’s PT Cut at BMO After Q1 Report

Business
BMO Capital analysts reduced their price target for Target (NYSE:TGT) to $155 from $170 while maintaining a Market Perform rating, following the company’s reported...

Snowflake Shares Climb 4 percent on Q1 Revenue Beat

Business
Snowflake (NYSE:SNOW) kicked off the fiscal year with a strong performance, as its first-quarter revenue surpassed analyst expectations, leading to a 4% rise in...

e.l.f. Beauty Beats Q4 Estimates, But 2025 Outlook Misses

Business
e.l.f. Beauty (NYSE:ELF) saw its shares rise by over 4% in pre-market today after the company reported better-than-expected Q4 earnings, but weak guidance for...

DuPont to Split into Three Independent Companies, Shares Surge 5 percent

Business
DuPont (NYSE:DD) shares gained more than 5% pre-market today after the company announced its intention to split into three independent, publicly traded companies focused...

Nvidia Stock Surges 7 percent Following Strong Q1 Beat

Business
Nvidia's (NASDAQ:NVDA) strong performance in the first quarter exceeded Wall Street expectations, largely due to high demand for AI-driven solutions in its data center...

Recent Market Movements Highlight Significant Stock Price Increases

Business
OneMedNet Corporation leads with a 155.98% jump in stock price, attributed to its upcoming participation in the EF Hutton Annual Global Conference. Binah Capital Group,...

Market Analysis: Navigating Through Downturns and Opportunities

Business
Applied UV, Inc.  faces a significant downturn but remains a potential growth opportunity in the industrial sector. F45 Training Holdings Inc. sees a sharp decline in...

Target first quarter earnings miss analysts estimates, share slide by 8 percent, CWEB analyzes report

Business
Target (TGT) posted its first fiscal quarter on Wednesday, and its shares declined by 8 percent. The giant retailer missed analysts' estimates on earnings...

X-Men 97 Season One gets fantastic reviews, leaves web fans clamoring for more

Animation
X-Men 97, an animated series, was streamed on Disney Plus earlier in May. Episode 10 of the season saw a climactic finale featuring cameos...

Nestle to launch Vital Pursuit brand for web fans using GLP-1, Ozempic, Wegovy for weight management

Business
Nestle (NSRGY) is launching a new line of foods to help web fans use medications such as Wegovy and Ozempic to lose or manage weight....

Piper Sandler Upgrades Kraft Heinz to Overweight

Business
Piper Sandler's upgrade of Kraft Heinz highlights growing optimism about the company's growth and profitability. The launch of Pure J.L. KRAFT in Canada showcases Kraft...

Intuit Inc. Fiscal Q3 2024 Earnings Preview

Business
Intuit Inc. is set to release its fiscal third-quarter 2024 earnings with an EPS expectation of 9.34 and revenue estimates around $6.65 billion. The company projects...

Eagle Materials Inc. Faces a Challenging Quarter.

Business
Eagle Materials Inc.  reported a decrease in earnings per share (EPS) to $2.24, missing analyst expectations. Revenue for the quarter was approximately $476.7 million, showing...

DOMO Earnings Report Preview

Business
Analysts predict earnings per share (EPS) of -$0.23 and revenue of $79.49 million for the first quarter of fiscal year 2025. A conference call to...

Skyline Champion Corporation’s Fourth Quarter Financial Performance

Business
Skyline Champion Corporation reported an EPS of $1.01, surpassing the estimated EPS of $0.67. The company's revenue for the quarter was approximately $491.53 million, missing the...

Youdao Inc. Upcoming Quarterly Earnings: A Detailed Preview

Business
Analysts predict an EPS of -$0.12 and revenue of $186.62 million for the upcoming quarter. Previous quarter's revenue was a substantial $1.48 billion, with a...

Toronto-Dominion Bank’s (TD) Quarterly Earnings Preview

Business
The earnings per share (EPS) estimate is set at $1.36, with projected revenue of approximately $6.51 billion. The dividend yield of approximately 5.4% positions TD...

Nextech3D.ai Quarterly Earnings Preview

Business
Earnings Expectations: Wall Street anticipates an EPS of -$0.03 and revenue of $960,000 for the upcoming quarterly earnings. Market Position: Nextech3D.ai's influence in the 3D...

Goldman Sachs Upgrades Shopify to Buy: A Turning Point for the E-Commerce Giant

Business
Goldman Sachs upgraded Shopify to a Buy rating, signaling a positive outlook on the company's future performance. Despite a 40% decline from its high in...

Spirit AeroSystems Receives Optimistic Price Target from Bernstein

Business
Bernstein sets a price target of $35 for Spirit AeroSystems, indicating a potential upside of about 12.22%. The company's stock performance and the potential acquisition...

Morgan Stanley Maintains “Underweight” Rating on Square, Inc. 

Business
Morgan Stanley's "Underweight" rating onSquare, Inc. reflects concerns over its close ties to the cryptocurrency market and its impact on the company's future. Despite a...

Williams Trading Bullish on Dick’s Sporting Goods Ahead of Q1 Earnings

Business
Williams Trading analysts reaffirmed their Buy rating and a $235 price target on Dick's Sporting Goods (NYSE:DKS) ahead of the company’s Q1/24 earnings release...

Aon Slashed to Underperform at BofA Securities

Business
BofA Securities analysts downgraded Aon Corp (NYSE:AON) rating to Underperform from Neutral and lowered their price target to $306 from $345 on the stock. The...

Lowe’s Price Target Cut at Truist Following Q1 Earnings

Business
Truist Securities analysts reduced the price target for Lowe's (NYSE:LOW) to $265 from $271, while maintaining their Buy rating on the stock following Q1...

Analog Devices Stock Gains 5 percent on Q2 Beat

Business
Analog Devices (NASDAQ:ADI) saw its shares rise by more than 5% in pre-market today following better-than-expected Q2 results and guidance. For Q2, the company reported...

PDD Holdings Beats Q1 Earnings, Shares Surge 6 percent

Business
PDD Holdings (NASDAQ:PDD) shares surged more than 6% in pre-market today after the company reported fiscal Q1 earnings and revenue that exceeded analyst expectations. The...

Target Shares Plunge 8 percent Following Q1 Profit Miss

Business
Target's (NYSE:TGT) shares fell over 8% in pre-market today after the company released its latest quarterly earnings, which did not meet profit expectations. The retailer...

UBS Revises Outlook on Lululemon Athletica Inc. to Neutral

Business
UBS downgrades to Lululemon, a Neutral position, and lowers the price target from $475 to $385. Lululemon faces challenges with the departure of its Chief...

Oppenheimer Sets New Price Target for Chipotle Mexican Grill 

Business
Brian Bittner of Oppenheimer has set a new price target for Mexican Grill at $3,485, indicating a potential increase of about 9.84%. Chipotle's stock price...

Macy’s Inc. Surpasses Analyst Expectations in Q1 2024 Earnings

Business
Macy's Inc. reported earnings per share (EPS) of $0.27, beating estimates and showcasing resilience in a challenging retail environment. The company's revenue reached $5 billion,...

SunPower Corporation Gears Up for Earnings Amid Compliance Challenges

Business
SunPower Corporation is set to release its quarterly earnings with an anticipated EPS of -$0.26 and expected revenue of $324.62 million. The company faces compliance issues...

TJX Companies Inc. Quarterly Earnings Preview

Business
Analysts predict a 5.8% increase in quarterly revenues, reaching $12.5 billion, and a 14.5% rise in EPS to 87 cents. The Marmaxx division and HomeGoods...

Analog Devices, Inc. Quarterly Earnings Report Preview

Business
Anticipated Earnings: Wall Street expects an EPS of $1.26 and revenue of approximately $2.1 billion for the quarter. Challenging Quarter Ahead: ADI forecasts a substantial...
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