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Business

CWEB Business News Analyzes Krispy Kreme’s Strategic Divestiture from McDonald’s Partnership

CWEB Business News – In a decisive move to safeguard its financial performance, Krispy Kreme, Inc. (DNUT) has formally terminated its nationwide distribution partnership...
Business

CWEB Business News Dermatology Therapeutics Firms Struggle with Capital Efficiency: A Deep Dive into Key Players

The pharmaceutical sector demands robust capital efficiency to sustain innovation and growth, but several dermatology-focused companies are facing significant challenges. Verrica Pharmaceuticals Inc. (NASDAQ:...
Business

Snap Inc. Surges on Positive Earnings Report – Q1 2024 Insights

Business
Snap Inc. (NYSE: SNAP) Surges on Positive Earnings Report Snap Inc. (NYSE: SNAP), a popular social media company, has given its investors a significant reason...

Anticipated Outcomes of eBay’s Q1 Results CWEB analyst has upgraded the stock.

Business
On May 1, 2024, eBay (NASDAQ: EBAY) will announce its financial results for the first quarter of the fiscal year. In the most recent quarter,...

Google to experiment with new ad format on YouTube, Alphabet upbeat on results, CWEB analyzes

Business
Google (GOOGL) has recently conducted an ad experiment on YouTube, and parent Alphabet is optimistic about the results. The pause ads pilot is expected...

CWEB curates Weekend at Walmart deals starting $10, web fans are thrilled

Business
Walmart always has many items on sale every day. However, this weekend, the giant retailer has added many more items on sale starting at...

AutoNation Q1 2024 Earnings: Strong Sales and Profitability

Business
AutoNation's Earnings Report Overview AutoNation (AN:NYSE) has recently shared its earnings report for the first quarter ended March 2024, shedding light on its financial performance...

Microsoft’s Fiscal Q3 2024 Results: Dominance in Cloud and AI

Business
Microsoft's Fiscal Third-Quarter Results for 2024: Thriving in Cloud and AI Microsoft's fiscal third-quarter results for 2024 have indeed painted a picture of a company...

Investing in Stability: Colgate-Palmolive’s Market Resilience

Business
Seeking Stability with Colgate-Palmolive in Your Investment Portfolio In the context of seeking stability within an investment portfolio, as discussed in the InvestorPlace article, Colgate-Palmolive...

AbbVie Q1 2024 Financial Results: Earnings Soar to $1.37 Billion

Business
AbbVie's Q1 Financial Results for 2024: A Comprehensive Analysis AbbVie's remarkable leap in its Q1 financial results for 2024, as reported by Invezz on April...

AMD Earnings Season Outlook: Surpassing Expectations?

Business
Advanced Micro Devices (AMD) Earnings Season Outlook Advanced Micro Devices (AMD:NASDAQ) is gearing up for its earnings season with a wave of optimism, as indicated...

Chevron’s Financial Performance Amid Market Challenges

Business
Chevron Corporation's Financial Performance Amid Market Challenges Chevron Corporation (CVX:NYSE), along with industry giants Exxon Mobil Corp and Phillips 66, faced a challenging start to...

Newell Brands’ Q1 2024 Financial Highlights: A Remarkable Turnaround

Business
Newell Brands' Impressive First-Quarter Financial Results for 2024 Newell Brands (NASDAQ: NWL) has made headlines with its first-quarter financial results for 2024, demonstrating the effectiveness...

Avantor, Inc. Reports Q1 2024 Financial Results – Key Highlights

Business
Avantor, Inc. (NYSE: AVTR) Financial Performance in Q1 2024 Avantor, Inc. (NYSE: AVTR), a key player in the life sciences and advanced technology sectors, recently...

Ball Corporation’s Q1 2024 Earnings Soar, Boosted by Aerospace Sale

Business
Ball Corporation's Impressive First-Quarter Results for 2024 Ball Corporation (BALL:NYSE) has recently shared its first-quarter results for 2024, revealing a significant leap in its U.S....

Aon plc Q1 2024 Financial Analysis and Market Performance Review

Business
Aon plc's Financial Analysis for Q1 2024 In the first quarter ended March 2024, Aon plc (AON:NYSE) underwent a detailed financial analysis by Zacks Investment...

Autoliv Q1 Financial Analysis 2024: Automotive Safety Sector Insights

Business
Autoliv's Q1 Financial Outcomes: A Deep Dive into Automotive Safety Sector's Performance Autoliv (ALV), a leading player in the automotive safety sector, has unveiled its...

Chevron, Exxon Mobil, and Phillips 66 Face Early Year Financial Challenges

Business
Chevron Corporation, Exxon Mobil Corp (XOM), and Phillips 66: Navigating Early Year Challenges Chevron Corporation, Exxon Mobil Corp (XOM), and Phillips 66, three giants in...

Investing in Healthcare Stocks: Opportunities Post-Pandemic

Business
The Healthcare Industry's Evolution and Investment Opportunities The healthcare industry in the United States has undergone significant changes, especially in the wake of the 2020...

Hertz Global Holdings’ Financial Struggle Amid EV Transition

Business
Hertz Global Holdings Faces Financial Setback Amid EV Transition Hertz Global Holdings (HTZ:NASDAQ) faced a challenging period as its stock value took a significant hit,...

Colgate-Palmolive Reports Better Than Expected Q1 Results, Lifts Guidance

Business
Colgate-Palmolive (NYSE:CL) released its first-quarter earnings, which exceeded analyst forecasts. The company achieved an adjusted EPS of $0.86, beating the anticipated $0.81. Its revenue...

Microsoft Gains 3 percent Following Strong Q3 Results

Business
Microsoft (NASDAQ:MSFT) announced its fiscal third-quarter results, surpassing Wall Street predictions, fueled by strong demand for artificial intelligence, which significantly boosted its Azure cloud...

Alphabet Shares Gain 9 percent Following Q1 Earnings Beat & First-Ever Dividend

Business
Alphabet (NASDAQ:GOOG) shares soared over 9% intra-day today, reaching a record high, following the company's announcement of its fiscal Q1/24 results, which exceeded Wall...

Intel Plunges 10 percent on Q1 Revenue Miss & Weak Outlook

Business
Intel Corporation (NASDAQ:INTC) shares dropped more than 10% intra-day today after the company reported mixed results for the first quarter and issued weaker-than-expected guidance...

Manhattan Associates Earns an Upgrade at DA Davidson

Business
DA Davidson analysts raised their rating on Manhattan Associates (NASDAQ:MANH) to Buy from Neutral and set a price target at $240 (up from $220)....

Snap Stock Jumps 24 percent on Strong Earnings Beat & Outlook

Business
Snap (NYSE:SNAP) shares jumped more than 24% pre-market today after the company released an upbeat revenue forecast for the second quarter, anticipating revenues between...

Microsoft surpasses Q3 revenue and profit expectations due to cloud services. CWEB analysts upgraded the stock.

Business
Microsoft (MSFT) reported fiscal third-quarter earnings on Friday, surpassing analysts' expectations for both the top and bottom lines. This was primarily due to the...

Meta AI push fails to excite market, shares drop by 16 percent, CWEB analyzes

Business
Meta Platforms (META) revealed billions spent on artificial intelligence, and its stock value dramatically declined. CEO Mark Zuckerberg’s thrust into the upcoming field of...

STMicroelectronics Gains 2 percent Despite Q1 Miss & Guidance Cut

Business
STMicroelectronics (NYSE:STM) lowered its fiscal 2024 sales forecast following a drop in first-quarter revenue and net profit, yet its shares saw a more than...

Ford Shares Rise 3 percent Following Q1 Results

Business
Ford Motor (NYSE:F) shares climbed over 3% pre-market today following the announcement of fiscal Q1/24 earnings that surpassed expectations, although revenue slightly missed projections. The...

ServiceNow Shares Drop 4 percent on Weak Subscription Revenue Guidance

Business
ServiceNow (NYSE:NOW) announced first-quarter earnings with a significant increase in adjusted earnings per share (EPS) to $3.41, up from $2.37 a year earlier, beating...

IBM Stock Drops 8 percent on Q1 Revenue Miss, Announces a $6.4 Billion Acquisition of HashiCorp

Business
IBM (NYSE:IBM) outperformed earnings forecasts for the first quarter of 2024 but fell short on revenue, and concurrently, announced its acquisition of HashiCorp (NASDAQ:HCP)...

Monster Beverage Drops on JPMorgan Downgrade

Business
Monster Beverage (NASDAQ:MNST) shares fell more than 2% pre-market today after JPMorgan analysts downgraded the company to Neutral from Overweight, lowering the price target...

Meta Stock Plunges 13 percent on Weak Q2 Revenue Outlook & AI Spending Plans

Business
Meta Platforms (NASDAQ:META) shares dropped more than 13% in pre-market today following the company's announcement of weaker revenue guidance for the upcoming quarter and...

After declaring first dividend, Google owner’s wealth exceeds $2 trillion. CWEB analysts issue a Buy rating.

Business
Following the earnings report's release, Alphabet's stock market value climbed by almost $300 billion, reaching over $2 trillion. This was due to the company's...

Comcast beats analysts estimates in earnings, revenue, stock rises, falls, CWEB analyzes results

Business
Comcast (CMCSA) posted its quarterly report on Thursday. The entertainment and media giant beat analysts' expectations, reporting higher earnings and revenue. The stock rose...

Thermo Fisher Scientific Reports Better Than Expected Q1 Results

Business
Thermo Fisher Scientific (NYSE:TMO) announced its first-quarter earnings and revenue that topped Wall Street forecasts. The company reported an adjusted earnings per share (EPS)...

Humana Drops 5 percent Despite Q1 Beat

Business
Humana (NYSE:HUM) saw its shares drop by around 5% intra-day today despite the announcement of its fiscal Q1/24 results, which surpassed analyst expectations in...

AT&T Reports Q1 EPS Beat, But Revenues Missed

Business
AT&T (NYSE:T) reported its first-quarter earnings that exceeded analyst expectations, despite a slight shortfall in revenue. In fiscal Q1/24, AT&T recorded an earnings per share...

Visa Reports Better Than Expected Q2 Earnings

Business
Visa (NYSE:V) announced its fiscal Q2/24 earnings and revenue that exceeded analysts' expectations. Visa reported earnings per share (EPS) of $2.51, surpassing the estimate...

Airbnb Earns an Upgrade at Mizuho

Business
Mizuho analysts boosted their rating on Airbnb (NASDAQ:ABNB) to Buy from Neutral and increased their price target to $200 from $150. The analysts highlighted...

Texas Instruments Shares Surge 6 percent Following Strong Q1 Results

Business
Shares of Texas Instruments (NASDAQ:TXN) jumped more than 6% intra-day today following the semiconductor company's announcement of fiscal Q1/24 results that surpassed expectations. Texas...

Google to invest $640 million in Netherlands data center, CWEB analysts upgrade Alphabet stock

Business
Google's parent company, Alphabet (GOOGL), is increasing its investments in artificial intelligence and cloud computing in Europe. On Tuesday, it announced it would open...

Fintech One introduces BNPL, Walmart backed startup adds buy now pay later items at US stores

Business
Walmart-backed (WMT) fintech One has introduced buy-now-pay-later (BNPL) loans for several oversized items at many Walmart stores nationwide. Walmart has a majority stake in...

Hilton Worldwide Holdings Inc. Quarterly Earnings Preview – April 24, 2024

Business
**Hilton Worldwide Holdings Inc. Quarterly Earnings Preview** On Wednesday, April 24, 2024, Hilton Worldwide Holdings Inc. (HLT:NYSE) is set to unveil its quarterly earnings before...

Nucor Corporation Q1 2024 Earnings Analysis: Missed Forecasts but Resilient Performance

Business
Nucor Corporation's Q1 Financial Performance Analysis On Monday, April 22, 2024, Nucor Corporation (NUE:NYSE) disclosed its financial outcomes for the first quarter, revealing an earnings...

Skye Bioscience, Inc. Prepares for Nasdaq Debut

Business
**Skye Bioscience, Inc. Prepares for Nasdaq Debut** Skye Bioscience, Inc., trading under the symbol SKYE, is gearing up for a significant transition as it prepares...

Capital City Bank Group Receives ‘Overweight’ Rating Amid Financial Adjustments

Business
Capital City Bank Group Maintains "Overweight" Rating Amid Financial Adjustments On Tuesday, April 23, 2024, Piper Sandler reaffirmed its "Overweight" rating on Capital City Bank...

AZZ Inc. Receives New $85 Price Target from B.Riley’s Lucas Pipes

Business
Lucas Pipes of B.Riley Financial Sets New Price Target for AZZ Inc. (NYSE:AZZ) Lucas Pipes of B.Riley Financial has recently set a new price target...

Old Dominion Freight Line Q1 Earnings Preview: Growth Amid Challenges

Business
Old Dominion Freight Line Q1 Earnings Preview On Wednesday, April 24, 2024, Old Dominion Freight Line (ODFL) is set to unveil its quarterly earnings before...
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