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HomeBusiness

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

Applied Materials, Inc. Quarterly Earnings Preview

Business
Wall Street anticipates an EPS of $1.96 with revenue estimates of approximately $6.54 billion for the upcoming quarter. The company forecasts revenue in the range...

Eos Energy Enterprises, Inc. Q1 Financial Performance Review

Business
Earnings Per Share (EPS) of approximately $0.00, surpassing the anticipated EPS of -$0.24, indicating significant improvement from the previous year's loss. Revenue of $6.6 million...

Doximity Quarterly Earnings Preview

Business
Expected Earnings Per Share (EPS) of $0.2 and revenue of approximately $116.4 million for the quarter. Year-over-year revenue growth of 5%, indicating the company's ability...

Canada Goose Holdings, Inc. Quarterly Earnings Preview

Business
Canada Goose Holdings Inc. is set to announce its quarterly earnings with an expected EPS of $0.07 and a revenue forecast of $227.83 million. The...

Infinera Corporation’s Q1 Financial Performance: A Closer Look

Business
Infinera Corporation reported a challenging first quarter, with earnings and revenue falling short of analysts' expectations. The company's revenue and gross margin saw a decline...

Bridgeline Digital, Inc. Earnings Report Summary

Business
Bridgeline Digital, Inc. reported an EPS of -$0.05771, slightly beating the estimated -$0.06. Revenue for the period was $3.8 million, missing the anticipated $4.22 million. The...

Plus Therapeutics, Inc. Gears Up for Q1 2024 Earnings Release

Business
PSTV is set to release its EPS estimate of -$0.25 and expected revenue of approximately $1.69 million for the quarter. Previous quarter performance showcased revenue...

Dole Stock Gains 3 percent Following Q1 Results

Business
Dole (NYSE:DOLE) shares rose nearly 3% pre-market today after the company reported a first-quarter EPS of $0.43, exceeding the analyst prediction of $0.33. The...

monday.com Stock Surges 19 percent Following Q1 Beat

Business
monday.com (NASDAQ:MNDY) shares jumped more than 19% pre-market today after the company outperformed expectations in its first-quarter financial report, posting earnings per share of...

Nextracker Soars 14 percent on Q4 Beat

Business
Despite low expectations going into the earnings, Nextracker (NASDAQ:NXT) delivered impressive fourth-quarter results, with EBITDA increasing by 23%. EPS of $0.96 and revenue of...

Snowflake’s Price Target Slashed at BofA Securities

Business
BofA Securities analysts reduced the price target on Snowflake (NYSE:SNOW) to $200 from $212, while continuing to give the stock a Neutral rating. The analysts...

Colgate-Palmolive’s Price Target Boosted at Argus

Business
Argus analysts increased their price target on Colgate-Palmolive (NYSE:CL) to $107 from $97, while maintaining a Buy rating on the stock. The analysts praised...

Sony Stock Gains 6 percent on Stock Buyback and Stock Split Announcement

Business
Sony's (NYSE:SONY) shares rose more than 6% yesterday following the announcement of a significant stock buyback and a stock split, which helped to mitigate...

The Trade Desk Upgrade by Susquehanna: A Positive Outlook

Business
Susquehanna upgraded The Trade Desk to positive, highlighting the impact of Netflix opening its inventory as a significant growth driver. Impressive Q1 2024 financial performance:...

KORE Group Holdings, Inc. Q1 Earnings Overview

Business
Earnings per Share (EPS) fell short of expectations, reporting a loss of -$0.34 compared to the anticipated -$0.08. Revenue slightly exceeded forecasts, with $75.98 million...

Riskified Ltd. Receives Neutral Rating from Goldman Sachs with a New Price Target

Business
Goldman Sachs upgrades Riskified Ltd. to neutral, raising the price target to $6 from $5.50. Riskified's Q1 financial results show a 17% year-over-year growth in merchandise...

CWEB summarizes Alphabet Google’s I/O developers conference for web fans

Business
CWEB has been reporting about the annual I/O developers conference that Alphabet's Google holds every year in Mountain View, California. CWEB had reported that...

Cisco Systems, Inc. Q3 Fiscal 2024 Earnings Preview

Business
Cisco Systems, Inc. is set to release its third-quarter fiscal 2024 earnings on May 15, 2024, with Wall Street analysts projecting an EPS of...

Toyota Motor Corporation Quarterly Earnings Preview

Business
Earnings Expectations: Wall Street anticipates an EPS of 2.91 and revenue of $62.07 billion. Strategic Shifts: Toyota's focus on electric vehicles (EVs) and artificial intelligence...

Paysafe Limited Receives Buy Rating Upgrade from BTIG

Business
BTIG upgraded Paysafe to a buy rating and increased the price target to $21 from $19. Paysafe reported quarterly earnings of $0.57 per share for...

Tencent Holdings Limited Quarterly Earnings Preview

Business
Wall Street anticipates an EPS of $0.7 and revenue projections of around $3.05 billion for Tecent in its upcoming quarterly earnings. Goldman Sachs expresses a...

GeoPark Limited’s Upcoming Earnings: A Look at Strategic Moves and Financial Health

Business
GeoPark Limited is set to release its quarterly earnings with an anticipated EPS of $0.59 and revenue estimates of $199.7 million. The company's strategic acquisition in...

GRAB Holdings Limited Earnings Preview: A Look into the Future

Business
GRAB Holdings Limited is expected to announce an EPS of -$0.01 and revenue of approximately $636.8 million for the quarter. The company's stock has shown resilience,...

Expeditors International Price Target and Market Analysis

Business
Key Insights: Robert Joynson of BNP Paribas adjusts the price target for Expeditors International's to $112, indicating a cautious outlook despite an upgrade to neutral. Expeditors...

Akoya Biosciences Inc Receives New Price Target from BTIG Analyst

Business
Price Target Adjustment: BTIG analyst Mark Massaro has set a new price target for Akoya Biosciences at $6, indicating a potential upside of 45.63%. Financial...

Seagate Technology Holdings PLC Receives Buy Rating from Citigroup

Business
Citigroup initiates coverage of Seagate with a buy rating, indicating a positive outlook for the company in the electronic storage market. Seagate's stock shows potential...

Home Depot’s Q1 Fiscal 2024 Earnings Overview

Business
Home Depot reported an EPS of $3.63, surpassing the Zacks Consensus Estimate. The company's revenue stood at $36.42 billion, slightly missing the consensus estimates. Financial ratios such...

Tencent Music Entertainment’s Price Target Boosted at Benchmark Following Q1 Earnings

Business
Benchmark analysts increased their price target on Tencent Music Entertainment Group (NYSE:TME) to $19 from $14 and maintained their Buy rating following the company’s...

Neuronetics Earns an Upgrade at William Blair

Business
Neuronetics (NASDAQ:STIM) shares rose around 2% pre-market today after William Blair analysts upgraded the company to Outperform from Market Perform. The analysts believe that...

Alcon Stock Surges 9 percent Following Q1 Results

Business
Shares of Alcon (NYSE:ALC) surged more than 9% in pre-market today after the eye care products manufacturer reported Q1 earnings that exceeded expectations and...

Under Armour Stock Still an Underperform at Evercore

Business
Evercore ISI analysts reiterated an Underperform rating and a $7 price target on Under Armour (NYSE:UAA), expressing continued concern over Under Armour's sales for...

Alibaba Shares Drop 5 percent Following Earnings

Business
Alibaba (NYSE:BABA) released its financial results for the first quarter ending March 31, 2024, showing earnings that did not meet analyst expectations. As a...

Home Depot Reports Q1 Comparable Sales Miss, But EPS Beats

Business
Home Depot (NYSE:HD) reported first-quarter comparable sales that fell short of analyst expectations, leading to a slight decrease in stock price in Tuesday's pre-market...

Jefferies Maintains “Hold Rating” on Drilling Tools International 

Business
Jefferies updates its stance on Drilling Tools International , maintaining a hold rating with an increased price target from $3.30 to $4.80. Drilling Tools International...

Intellicheck’s Q1 2024 Earnings Overview: Surpassing Expectations

Business
Intellicheck, Inc. reports a positive earnings surprise with an EPS of -$0.02, beating analysts' expectations. Revenue growth of 10% year-over-year, reaching $4.68 million, was driven by a...

Duos Technologies Group, Inc. Earnings Report Highlights

Business
Earnings Per Share (EPS) of -$0.38, surpassing the estimated -$0.43. Reported revenue of $1.07 million, below the expected $1.4 million. Significant operational achievement with a new...

Deere & Company Fiscal Q2 2024 Earnings Preview

Business
Analysts project an earnings per share (EPS) of $7.86, indicating an 18.6% decrease year-over-year. Revenue is expected to decline by 17.5% year-over-year to approximately $13.28...

Is McDonald’s launching a $5 meal to bring back web fans to its restaurants? CWEB reports

Business
McDonald’s (MCD) reportedly plans to launch a $5 meal to bring back many web fans who have stopped visiting the burger chain or ordering...

Flutter Entertainment PLC (NYSE:FLUT) Quarterly Earnings Preview

Business
Flutter Entertainment PLC is set to release its quarterly earnings with an expected EPS of $1.08 and revenue estimates around $3.57 billion. Analysts predict Flutter...

Equinor ASA Downgraded by Santander Amid Environmental Concerns

Business
Santander Equinor downgrades to underperform due to environmental policy scrutiny and alignment with global climate goals. The company's stock fluctuates between $28.495 and $29.035 on...

Micron Technology Inc. Sees Price Target Increase by Barclays

Business
Barclays analyst Tom O'Malley sets a new price target for Micron's at $145, indicating a bullish outlook with a potential upside of approximately 19.6%. Micron's...

Barclays Upgrades TransDigm Group to Overweight with a New Price Target

Business
Barclays upgraded TransDigm Group Incorporated to Overweight from Hold and increased the price target to $1,500 from $1,250. The Aerospace sector, where TransDigm operates, is...

Susquehanna Adjusts SolarEdge Technologies’ Price Target

Business
Biju Perincheril of Susquehanna adjusts the price target for SolarEdge to $56, indicating a potential increase of about 13.2%, with a downgrade of its rating...

Sony Group Corporation Earnings Preview: What to Expect

Business
Sony is set to reveal its earnings report on Tuesday, May 14, 2024, with Wall Street expecting an EPS of $0.83 and revenue of...

Key Insights from HSBC’s Coverage on Southwest Airlines

Business
HSBC initiated coverage on Southwest Airlines with a Hold rating, indicating a neutral outlook. The airline's stock price has seen a 7.1% decline, contrasting with the...

Carlyle Secured Lending, Inc. Quarterly Earnings Preview

Business
Carlyle Secured Lending, Inc. is expected to announce its quarterly earnings with an EPS expectation of $0.52 and projected revenue of $60.01 million. The company has...

Walmart Continues to be a Top Pick at Oppenheimer

Business
Oppenheimer analysts reiterated an Outperform rating and a $67 price target on Walmart (NYSE:WMT) ahead of the company’s Q1 earnings report on May 16. The...

EQT’s Price Target Boosted at BMO Capital

Business
BMO Capital analysts increased their price target on EQT (NYSE:EQT) to $47 from $40, while maintaining an Outperform rating on the stock. The analysts'...
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