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Business

CWEB Exclusive: Elon Musk-Led Tesla Launches Robotaxi in Austin – Early Riders Get Exclusive $4.20 Flat Fare

CWEB Business News Austin, Texas – June 22, 2025 – In a breakthrough for autonomous mobility, Tesla, led by visionary CEO Elon Musk,...

CWEB BUSINESS News: Apple’s iPhone Sales Jump May Fade as UBS Warns of Short-Lived Demand Surge

CWEB and UBS Analysts see recent growth as tariff-driven rather than sustainable, maintaining a neutral outlook UBS has reaffirmed its Neutral rating on Apple (NASDAQ:...

AMC Slashes Wednesday Ticket Prices by 50 percent to Boost Midweek Traffic

AMC Entertainment (NYSE:AMC), the world’s largest cinema chain, announced on Monday a bold initiative to cut U.S. movie ticket prices by 50% every Wednesday,...

Amazon Taps FedEx for Large-Parcel Deliveries, Sending FDX Shares Soaring

Amazon (NASDAQ:AMZN) has quietly struck a multi-year deal with FedEx (NYSE:FDX) to handle certain large-package deliveries—weeks after UPS announced it would cut Amazon volume...

Honda Forecasts 59 percent Earnings Plunge as Tariffs and Strong Yen Bite

Japan’s Honda Motor (NYSE:HMC) warned on Tuesday that its operating profit for the fiscal year ending March 31, 2026, will plunge 59% to ¥500...

China Lifts Boeing Delivery Ban Amid Trade Truce, Providing Relief to Aviation Sector

China has quietly ended its month-long ban on receiving new Boeing (NYSE:BA) aircraft, Bloomberg reported Tuesday—just hours after Washington and Beijing agreed to a...

Coinbase to Join S&P 500, Sends Shares 10 percent Higher

Shares of Coinbase Global (NASDAQ:COIN) jumped over 10% in after-hours trading Monday after S&P Dow Jones Indices announced that Coinbase will be added to...

FedEx Stock Rallies 2 percent After Amazon Partnership Resumes

FedEx (NYSE:FDX) shares jumped 2% in after-hours trading Monday following reports that Amazon (NASDAQ:AMZN) is once again tapping FedEx’s network to supplement its delivery...

Gold Pauses Recovery Amid U.S.–China Tariff Truce and Dollar Strength

Gold prices held steady in Asian trade Tuesday after Monday’s sharp losses driven by a U.S.–China tariff de-escalation, with the metal caught between hopes...

Futures Rally on Tariff Rollback, Eyeing CPI; Pharma Slides on Drug-Price Order

U.S. stock futures surged after Washington and Beijing agreed to substantially lower mutual tariffs—buoying risk assets—while traders brace for this week’s April Consumer Price...

Trump’s “Most-Favored-Nation” Drug Order Stirs Volatility in Global Pharma

Global pharmaceutical shares opened mixed on Monday after President Trump signed an executive order to cut U.S. prescription drug prices by 30%–80%—aligning them with...

Why the S&P’s Trade-Driven Rally May Stall Before 6,000

After the post-“Liberation Day” plunge, the S&P 500 has recouped losses, buoyed by a larger-than-expected U.S.-China tariff rollback and a flurry of Trump’s positive...

UBS Sees Nvidia Q1 Revenue Slightly Above Guidance, EPS Hurt by H20 Ban

UBS analysts expect Nvidia (NASDAQ:NVDA) to post $44 billion in April-quarter revenue—just above its $43 billion guide—potentially easing investor worries over near-term growth amid...

Bitcoin Holds Above $100K Despite Monday Pullback

Bitcoin slipped 1.7% to $102,552.70 by 5:11 p.m. ET (21:11 GMT) on Monday, giving back some of last week’s gains but remaining perched above...

Don’t Miss Today’s Tariff-Driven Rally: How Early Movers Are Profiting

Investors who positioned themselves ahead of Monday’s U.S.–China tariff breakthrough saw major premarket gains, with the Nasdaq 100 up 4.16% and the S&P 500...

Dow Surges 1,160 Points on U.S.–China Tariff Truce, Tech Stocks Lead

The Dow Jones Industrial Average rallied 1,160 points (2.8%) on Monday after Washington and Beijing agreed to a 90-day pause and steep cuts in...

Asian Stocks Advance on U.S.–China Tariff Easing, Eyes on U.S. Inflation Data

Most Asian markets climbed on Tuesday, buoyed by Monday’s sharp de-escalation in U.S.–China trade tensions. Yet Chinese benchmarks lagged, weighed down by profit-taking and...

Weekly Market Outlook: Trade Truce, CPI, Earnings, Fed Speeches, and Tax Debate

As U.S. stock futures rallied on hopes of easing U.S.–China tensions, investors now turn their attention to key economic data and corporate results that...

U.S. and China Agree 90-Day Tariff Pause, Temporarily Capping Levies at 10 percent

After intense weekend negotiations, the United States and China have agreed to suspend escalating tariffs for 90 days, reducing most reciprocal duties to 10%—a...

United Parks Q1 Misses Estimates as Attendance Slips, But Optimism Remains for 2025

United Parks & Resorts Inc. (NYSE:PRKS) reported a disappointing Q1 2025, missing both top- and bottom-line estimates and weighing on its premarket performance. Q1 2025...

Magnificent Seven Surge as U.S.–China Tariffs Come Down

Premarket trading on Monday saw the Magnificent Seven—Tesla, Amazon, Apple, Meta, Nvidia, Alphabet, and Microsoft—power higher after the U.S. and China agreed to cut...

Lilly’s Zepbound Outshines Wegovy in First Head-to-Head Trial

Eli Lilly announced that its obesity therapy Zepbound delivered superior outcomes versus Novo Nordisk’s Wegovy across five key weight-loss metrics in the first direct...

Pan American’s $2.1 B Takeover of MAG Silver: A Rare Silver Asset Grab

Pan American Silver (NASDAQ:PAAS) has announced a $2.1 billion acquisition of MAG Silver (NYSE:MAG), sending MAG stock up 7.5% while PAAS slid 6.6% in...

Foreign-Branded Phone Shipments in China Plunge Nearly 50 percent in March

Data from the China Academy of Information and Communications Technology (CAICT) show that March shipments of foreign-branded smartphones in China fell 49.6% year-on-year, declining...

Bernstein Downgrades Target on Structural Market-Share Erosion and Margin Pressures

Bernstein has cut Target (NYSE: TGT) to Underperform from Market-Perform, slashing its price target to $82 (from $97), citing both near-term headwinds and longer-term...

China’s AI Self-Sufficiency: Progress in Applications, Hurdles in Compute

UBS analysts map out China’s march toward AI independence—strong in applications and models, yet still reliant on foreign leaders like NVIDIA for high-end compute. Application...

Trump’s “Most Favored Nation” Drug Pricing Order: What Investors Need to Know

President Trump announced an executive order to align U.S. prescription drug prices with the lowest prices paid globally—targeting 30%–80% cuts almost immediately. Here’s how...

UBS: Inference, Not Training, Will Dominate the Next AI Supercycle

Despite mounting investor anxiety over tariffs and AI infrastructure overspending, UBS believes we are entering an explosive new phase of AI growth—one driven not...

Yardeni: Geopolitical Crises Are 2025’s Dominant Bull Market

In a year marred by inflation risks, trade wars, and economic divergence, Yardeni Research says the most “spectacular and reliable bull market” in 2025...

BlackRock Urges Selectivity as Tariff-Driven Slowdown Reshapes Markets

Trade frictions are squeezing global growth, and BlackRock warns that investors must be increasingly choosy—even as long-term megatrends like AI and fiscal stimulus continue...

DA Davidson Calls for “Big-Bang” Breakup to Unleash Alphabet’s Value

A new note from DA Davidson argues that only a full-scale breakup of Alphabet (NASDAQ:GOOGL) can resolve its valuation discount—transforming the conglomerate into pure-play...

Futures Leap on U.S.–China Tariff Rollback; All Eyes on April CPI

U.S. stock futures surged Monday as Washington and Beijing agreed to dramatically lower mutual tariffs—stoking hopes of eased trade tensions—and ahead of this week’s...

Trade Shock vs. Globalization: Lessons from Brexit for U.S. Tariff Policy

As President Trump touts his “stick-and-carrot” trade approach as an economic masterstroke, JPMorgan economists caution that the U.K.’s post-Brexit journey illustrates the hidden costs...

U.S. Futures Rally on Trade Deal, Tariff Cuts & Ceasefire News

U.S. stock futures jumped sharply on Monday after Washington and Beijing agreed to a 90-day pause and significant cuts in their reciprocal tariffs—alongside a...

Enterprise Group, Inc. (OTCQB: ETOLF) Financial Performance Analysis

Earnings per share of $0.02 met estimated earnings, with revenue surpassing expectations at approximately $7.18 million. Despite a decrease in revenue and gross margin in...

Insider Purchase and Financial Challenges at Church & Dwight Co., Inc. (NYSE:CHD)

Executive Vice President of International, Read Michael, purchased 3,000 shares, increasing his total holdings to 5,505 shares. Q1 2025 saw a decline in net sales...

Lincoln Educational Services Corporation’s Strong Financial Performance in Q1 2025

EPS of $0.11, surpassing the estimated $0.04, indicating robust profitability. Revenue reached approximately $117.5 million, exceeding forecasts and showcasing growth. Positive financial metrics, including a P/E...

CWEB News Exclusive: Strategic Xbox Pricing Shift Reflects Booming Tech Sector Under Trump-Era Economic Policies

President Trump Applauds American Innovation as Microsoft Strengthens Market Leadership In a bold move underscoring the strength of American tech giants, Microsoft (MSFT) announced strategic...

CWEB News Exclusive: Elon Musk’s Starlink Wi-Fi Nears Takeoff on United Airlines — Web Fans Eager for Connectivity Revolution

SpaceX Technology May Revolutionize In-Flight Connectivity, CWEB News Sources Reveal LOS ANGELES — Tech enthusiasts and frequent flyers are buzzing with anticipation as Elon Musk’s...

PAR Technology Corporation’s (NYSE:PAR) Q1 2025 Earnings Overview

PAR Technology Corporation reported an EPS of -$0.01, beating the Zacks Consensus Estimate by 80%. The company generated revenue of approximately $103.9 million, slightly missing...

Essent Group Ltd. (NYSE:ESNT) Surpasses Earnings and Revenue Estimates

Essent Group Ltd. (NYSE:ESNT) reported an EPS of $1.69, beating the Zacks Consensus Estimate. The company's revenue reached approximately $317.6 million, surpassing estimates and indicating...

CFRA Lifts US Foods Price Target to $59 but Keeps Sell Rating on Cautious Consumer Outlook

CFRA raised its 12-month price target on US Foods Holding (NYSE:USFD) to $59 from $58 following the company’s Q1 earnings release, but maintained its...

BMO Lifts Bill.com Price Target Following Q3 Beat

BMO Capital raised its price target on BILL Holdings (NYSE:BILL) to $52 from $47 while reiterating a Market Perform rating, citing cautious optimism amid...

Starwood Property Trust Posts In Line Q1 EPS, Misses on Revenue

Starwood Property Trust (NYSE:STWD) reported first-quarter earnings in line with expectations, though revenue came in significantly below forecasts. The real estate investment trust posted adjusted...

EchoStar Posts Q1 Miss as Pay-TV Weakness Offsets Wireless Gains

EchoStar Corporation (NASDAQ:SATS) reported first-quarter results that missed analyst expectations, weighed down by continued declines in its Pay-TV business. The satellite and wireless services provider...

AngloGold Ashanti Surges 6 percent on Revenue Beat and Strong Gold Output Despite EPS Miss

AngloGold Ashanti (NYSE:AU) rose more than 6% intra-day today after the miner reported first-quarter revenue that surpassed expectations, fueled by higher gold production and...

AMC Networks Misses Q1 Estimates as Linear TV Weakness Offsets Streaming Gains

AMC Networks (NASDAQ:AMCX) shares plunged 8% intra-day today after the company reported first-quarter results that missed Wall Street expectations, as continued declines in its...

Essential Utilities, Inc. (NYSE:WTRG) Earnings Preview and Financial Health

Essential Utilities, Inc. (NYSE:WTRG) is a prominent player in the water supply industry, providing water and wastewater services to millions of customers. As part...

TMX Group (PNK:TMXXF) Maintains Strong Market Presence and Positive Outlook

TMX Group, operating major exchanges in Canada, holds a significant position in North American and international financial markets. Following the 2025 Annual and Special Meeting,...

Cloudflare (NYSE:NET) Maintains “Buy” Rating from Needham

Cloudflare's Q1 revenue of $479 million exceeded estimates, showcasing its robust performance in the tech industry. The company secured a significant contract worth over $100...
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