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Business

MSC Industrial Direct Co., Inc. (NYSE: MSM) Earnings Report Highlights

MSC Industrial reported earnings per share (EPS) of $0.86, surpassing estimates but indicating a year-over-year decrease. The company's revenue of approximately $928.5 million exceeded expectations,...

Cantor Fitzgerald Started Coverage on Check Point Software Stock with Neutral Rating

Cantor Fitzgerald analysts initiated coverage on Check Point Software (NASDAQ:CHKP) with a Neutral rating and a $200 price target on the stock. The analysis...

Intuit Inc. (NASDAQ:INTU) Surpasses Earnings and Revenue Estimates

Intuit Inc. (NASDAQ:INTU) reported an EPS of $2.50, beating the estimated $2.35 and showcasing a 5.93% surprise over expectations. The company's revenue reached $3.28 billion,...

AvePoint, Inc. (NASDAQ:AVPT) Sees Positive Stock Movement Amid Earnings Optimism

AvePoint's stock price has been on an upward trend, reflecting positive revisions in earnings estimates. The company has been upgraded to a Zacks Rank #2...

Macy’s (NYSE:M) Quarterly Earnings Preview

Analysts predict a slight loss of $0.01 per share, marking a significant year-over-year decline. Revenue is expected to decrease by 2.9% to $4.72 billion. The company's...

Ross Stores, Inc. (NASDAQ:ROST) Surpasses Earnings Expectations

Ross Stores, Inc. (NASDAQ:ROST) reported a third-quarter earnings per share (EPS) of $1.48, beating the estimated $1.41. The company's revenue for the quarter was $5.07...

Autodesk, Inc. (NASDAQ:ADSK) Quarterly Earnings Preview

Analysts predict an EPS of $2.12, indicating a year-over-year increase of 1.9%. Projected revenue for the quarter is approximately $1.56 billion, a 10.5% increase from...

Bath & Body Works, Inc. (NYSE: BBWI) Q3 Earnings Preview

Analysts estimate an EPS of $0.47 with projected revenue of $1.58 billion for the third quarter. Despite a projected 4.2% decline in EPS year-over-year, revenue...

Bitcoin Hits Record High on Trump Hype and ETF Options Launch

Bitcoin surged to an all-time high of over $97,000, fueled by excitement surrounding potential regulatory approval of exchange-traded funds (ETFs) and recent developments linked...

Nvidia’s Strong Earnings and Their Impact on TSMC’s Growth Potential: A Bright Future for AI and Semiconductor Stocks

The semiconductor industry continues to shine, and Nvidia’s latest earnings report has reinforced the positive outlook for key players like Taiwan Semiconductor Manufacturing Company...

OpenAI Explores Web Browser Development to Rival Google

OpenAI is reportedly considering entering the web browser market, aiming to challenge tech giants like Google. According to The Information, this potential move reflects...

Gold Prices Surge Amid Russia-Ukraine Concerns

Gold prices experienced a significant rally, marking strong weekly gains as geopolitical tensions between Russia and Ukraine heightened. Investors flocked to safe-haven assets, including...

Baidu Shares Drop 5 percent as Revenue Declines, Despite Earnings Beat and AI Growth

Baidu (NASDAQ:BIDU) shares dropped about over 5% on Thursday after the Chinese tech giant reported a slight revenue decline in the third quarter, though...

Deere Exceeds Q4 Expectations Despite Market Challenges, Shares Rise 8 percent

Deere & Company (NYSE:DE) delivered fourth-quarter earnings that surpassed analyst expectations, even as the company grappled with substantial market headwinds. The agricultural and construction...

Elastic Stock Jumps 28 percent Following Strong Q2 Beat

Elastic NV (NYSE:ESTC) saw its shares soar over 28% in pre-market trading Friday after delivering fiscal second-quarter results that exceeded expectations and raising its...

NetApp Shares Surge 5 percent on Strong Q2 Earnings and Upgraded Guidance

NetApp (NASDAQ:NTAP) shares climbed around 5% pre-market today following the release of fiscal second-quarter results that exceeded Wall Street expectations and included an optimistic...

Ross Stores Shares Jump 7 percent on Q3 Earnings Beat Despite Missed Sales Results

Ross Stores (NASDAQ:ROST) saw its stock climb over 7% in pre-market today after reporting third-quarter earnings that exceeded analyst expectations, even as sales fell...

Warner Music Shares Drop 7 percent on Q4 Earnings Miss Despite Revenue Growth

Warner Music Group (NASDAQ:WMG) saw its shares fall more than 7% yesterday after fourth-quarter earnings that missed analyst expectations, despite slight revenue growth. The company...

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Sees Positive Outlook from Analysts and Strong Q3 2024 Performance

Goldman Sachs analyst sets a price target of $102 for NYSE:BJ, indicating a potential increase of 9.93% from its current price. Q3 2024 earnings call...

Target, Nvidia quarter results: CWEB issues negative outlook for Target, positive outlook for Nvidia

Target (TGT) posted quarter results that missed estimates by Wall Street analysts despite a slight increase in revenue. The retailer downgraded its forecast for...

JPMorgan’s 2025 Global Economic Outlook: Resilience Amid Risks

Introduction JPMorgan’s latest "2025 Global Economic Outlook" projects a resilient global economy navigating challenges such as persistent inflation, elevated interest rates, and geopolitical uncertainties. While...

Stock Market Update: Dow Rebounds Despite Target’s Slump

Introduction The stock market experienced a volatile session but closed on a high note as the Dow Jones Industrial Average managed to cut losses and...

Nvidia’s Path to $4 Trillion Market Cap: Q3 Earnings Beat Sets Stage

Introduction Nvidia continues to redefine the tech landscape with another stellar earnings report, sparking optimism about its trajectory toward a $4 trillion market valuation. Wedbush...

Asia Stocks Dip Amid Weak Nvidia Report and Adani Scandal Fallout

Introduction Asian stock markets saw a downturn as a lackluster earnings report from Nvidia failed to boost tech sentiment. Simultaneously, Indian markets faced intensified selling...

Google Faces Antitrust Pressure: DOJ Pushes for Chrome Divestiture to End Search Monopoly

The Latest Move in Google’s Antitrust Battle The U.S. Department of Justice (DOJ) has intensified its antitrust efforts against Google, demanding that the tech giant...

After-Hours Movers: Nvidia, Snowflake, Palo Alto Networks, and More

Key Performers in After-Hours Trading Nvidia (NASDAQ: NVDA): Shares dipped slightly despite strong Q3 results. The company's Q4 guidance underwhelmed investors, but the AI chip...

Hedge Funds Reduce Semi Exposure, Shift Focus to Cyclicals: Goldman Sachs

Semi Selloff Amid Market Trends According to a report by Goldman Sachs, hedge funds have significantly cut their exposure to the semiconductor sector. This comes after...

Target Shares Plunge on Earnings Miss and Weak Guidance

Disappointing Q3 Performance Target Corporation (NYSE:TGT) missed Wall Street expectations in Q3 2024, reporting EPS of $1.05 on revenue of $25.3B. This fell short of analyst...

Nvidia Results, Comcast Spinoff, and UK Inflation: Key Market Movers

Nvidia Results: A Tale of Strength with Challenges Nvidia's fiscal Q3 results showcased impressive growth, with EPS beating estimates at $0.81 on revenue of $35.1B. Data...

Lynx on Nvidia Stock: Why Waiting Could Be Wiser

Key Insights Lynx Equity Strategies recently issued cautious commentary on Nvidia Corporation (NASDAQ: NVDA), advising investors to step aside for now and wait for a...

Nvidia Q3 Earnings: A Snapshot of Performance and Challenges

Key Financial Highlights Earnings per Share (EPS): $0.81 (beat expectations of $0.75). Revenue: $35.1 billion (exceeding estimates of $33.09 billion). Data Center Revenue: $30.8 billion, up 17%...

Bitcoin Hits Record $97K: The Impact of Trump Hype and ETF Launch

Introduction Bitcoin’s price skyrocketed to an all-time high of $97,000, fueled by two major drivers: optimism around a potential Trump-led resurgence and the launch of...

Nvidia Beats Q3 Estimates but Falls Short on Q4 Guidance Amid High AI Expectations

Nvidia’s (NASDAQ:NVDA) third-quarter results surpassed Wall Street expectations, yet its fourth-quarter guidance fell short of the high investor anticipations driven by strong AI demand....

Wix Shares Surge 14 percent on Strong Q3 Results and Upgraded Outlook

Wix.com (NASDAQ:WIX) saw its shares jump nearly 14% yesterday after reporting better-than-expected third-quarter earnings and raising its full-year guidance. The website-building platform demonstrated solid...

Williams-Sonoma Stock Soars 27 percent on Strong Q3 Results and Outlook

Williams-Sonoma (NYSE:WSM) saw its shares surge more than 27% yesterday after reporting strong third-quarter earnings and raising its annual guidance. The retailer’s performance exceeded...

Target Shares Plunge 21 percent on Weak Q3 Earnings and Downbeat Full-Year Guidance

Target (NYSE:TGT) saw its shares drop over 21% yesterday after reporting third-quarter earnings that significantly missed expectations and issuing disappointing guidance for the full...

TJX Companies Beats Q3 Estimates But Guidance Weak

TJX Companies (NYSE:TJX) delivered better-than-expected third-quarter results, but the fourth-quarter guidance came in below analyst expectations. The off-price retailer reported earnings per share of $1.14...

Nio Reports Wider Loss as Revenue Drops Amid Intense EV Competition in China

Nio (NYSE:NIO) reported a larger-than-expected net loss for the third quarter as declining revenue and reduced selling prices weighed on its performance in China’s...

Baidu, Inc. (NASDAQ:BIDU) Overview: Navigating Through Market Fluctuations and Growth Opportunities

Baidu, Inc. (NASDAQ:BIDU) is a major player in China's internet search and tech sector, with ventures in AI, cloud services, and autonomous driving. The company's...

Construction Partners, Inc. (NASDAQ: ROAD) Overview and Analyst Insights

The consensus price target for Construction Partners, Inc. (NASDAQ: ROAD) has remained stable at $83.5, indicating a consistent outlook from analysts. Recent developments include a...

Axon Enterprise, Inc. (NASDAQ:AXON) Financial Overview and Stock Sale by Director

Matthew R. McBrady, a director at Axon, sold 121 shares at approximately $600.85 each, following a strong third-quarter earnings report. Axon's financial performance showcases record...

Woodward, Inc. (NASDAQ:WWD) Quarterly Earnings Preview

Wall Street anticipates an EPS of $1.26 and revenues of $811.2 million for the upcoming quarter. Despite an expected 8.3% decline in EPS year-over-year, revenue...

LuxUrban Hotels Inc. (Nasdaq: LUXH) Announces Reverse Stock Split

LuxUrban Hotels Inc. (Nasdaq: LUXH) to undergo a reverse stock split at a ratio of 70 for 1 to improve its stock's trading profile...

NVIDIA Corporation’s Impressive Earnings and Market Position

NVIDIA Corporation (NASDAQ:NVDA) reported earnings per share (EPS) of $0.81, surpassing estimates and showcasing strong financial performance. The company's revenue of $35.08 billion exceeded expectations,...

Will CNN lay off more staff as ratings continue to plummet? CWEB Reports

According to a report by a former CNN (WBD) staffer who quoted sources working at the cable network, CNN is planning a further round...

Amazon debuts discount Web store with under $20 items to compete with Shein, Temu, CWEB reports

Amazon (AMZN) has debuted its discount web store to compete directly with Temu and Shein. The eCommerce giant is calling its discount store Amazon...

Elon Musk’s platform X sees return of IBM, Disney, Comcast, after Trump victory? CWEB reports

Elon Musk (TSLA), one of President-elect Donald Trump's favorite people, might have seen one more of his various companies profit after Trump's imminent return....

Baidu Inc. (NASDAQ:BIDU) Earnings Preview and Financial Analysis

Baidu Inc. (NASDAQ:BIDU) is set to release its quarterly earnings with an expected EPS of $2.46 and revenue of $4.68 billion. The company's stock trades...

Deere & Company (DE) Q4 Fiscal 2024 Earnings Preview

Analysts predict an earnings per share (EPS) of $3.89 and revenue of approximately $9.37 billion for Deere & Company's fourth-quarter fiscal 2024. The Zacks Consensus...

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Faces Challenges Ahead of Earnings Report

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) is set to release its quarterly earnings with an anticipated EPS of -$0.06 and projected revenue of $26.4 million. The...
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