Meta Platforms CEO Mark Zuckerberg once seriously considered spinning off Instagram, citing rising antitrust risks—a move that has resurfaced in a high-stakes trial now...
Investor sentiment across Asia has sharply deteriorated, with fund managers bracing for an economic downturn both regionally and globally, according to Bank of America’s...
FTC Files Landmark Antitrust Case Against Meta Over Instagram and WhatsApp Acquisitions
By CWEB News
The U.S. Federal Trade Commission (FTC) has escalated its campaign against...
By CWEB News
Eric and Don Trump Jr., prominent figures in real estate and investment, are expanding their influence in the cryptocurrency sector with the...
Earnings Per Share (EPS) of $1.13, exceeding the estimated $1.12, showcasing Unity Bancorp's financial strength.
Despite a slight revenue miss, the company reported a net...
Morgan Stanley downgraded Northern Trust (NASDAQ:NTRS) to "Underweight" but set a price target suggesting a potential upside of 13.83%.
Northern Trust's study on global asset...
Franklin Covey Co. (NYSE:FC) demonstrates a strong Return on Invested Capital (ROIC) of 34.39%, significantly outperforming its Weighted Average Cost of Capital (WACC) of...
Anticipated increase in net interest income (NII) and loan demand could boost Citigroup's financial performance in the first quarter of 2025.
Rising costs may offset...
Earnings per Share (EPS) estimate of $0.80 with projected revenue of approximately $13.18 billion.
The Price-to-Earnings (P/E) ratio is approximately 6.97, suggesting the stock might...
Mannatech, Incorporated (NASDAQ:MTEX) is trading at $9.96 with a target price of $13.29, indicating a growth potential of approximately 33.42%.
Inter Parfums, Inc. (NASDAQ:IPAR) has...
WaFd reported an EPS of $0.65, beating estimates by 8.33%.
The company's revenue reached approximately $179.8 million, surpassing expectations.
WaFd's financial metrics indicate a moderate valuation...
Earnings per share (EPS) of $5.07, beating the estimated $4.63, showcasing strong profitability.
Actual revenue of $45.31 billion, exceeding expectations and indicating robust income generation...
The consensus price target for FB Financial Corporation (NYSE:FBK) has increased to $58, indicating a positive outlook from analysts.
FBK reported a 13% increase in...
Analysts have recently adjusted the average price target for Goldman Sachs (NYSE:GS) to $577.67, indicating a positive yet cautious short-term outlook.
Oppenheimer sets a conservative...
Bank of America Corporation (NYSE:BAC) is anticipated to release its quarterly earnings on April 15, 2025, with an expected EPS of $0.81 and projected...
The consensus price target for M&T Bank Corporation (NYSE: MTB) has risen from $192.32 to $225, indicating a more positive outlook from analysts.
Recent earnings...
Earnings Per Share (EPS) of $3.32 was reported, slightly below the estimated $3.40.
Revenue for the period was $2.31 billion, missing the expected $2.34 billion.
Positive...
Wells Fargo has maintained its Equal-Weight rating for Omnicom Group Inc. (NYSE:OMC), suggesting a stable investment outlook.
The company is set to release its quarterly...
Citigroup sets a price target of $32 for NYSE:OMC, indicating a potential -56.69% decrease from its current trading price.
Expected quarterly earnings per share (EPS)...
Exclusive: CWEB News Spotlights Walmart+ Week’s Blockbuster Member Bonuses – Savings, Streaming, & More
Walmart+ (NYSE: WMT) is celebrating its members in a big way...
Dustin Moskovitz, co-founder of Asana (NYSE:ASAN), purchased 225,000 shares, indicating strong confidence in the company's future.
The current stock price of ASAN on the NYSE...
Wall Street analysts predict an earnings per share (EPS) of $2.59 and revenue of approximately $21.6 billion for the upcoming quarterly earnings.
The company's price-to-earnings...
Analysts predict an earnings per share (EPS) of $3.41 and revenue of approximately $2.35 billion for the quarter.
The bank's price-to-earnings (P/E) ratio is around...
Ericsson is set to release its quarterly earnings with an estimated EPS of $0.09 and projected revenue of $55.33 billion.
Ericsson's debt-to-equity ratio is 0.48,...
FBK is anticipated to surpass Wall Street earnings estimates with an EPS of $0.85 and projected revenue of $131.9 million.
The company's price-to-earnings (P/E) ratio...
BlackRock Inc. (NYSE:BLK) reported an EPS of $11.30, beating the estimated $10.43.
The company's revenue of $5.28 billion fell slightly short of the anticipated $5.31...
Wells Fargo & Company (NYSE:WFC) reported an EPS of $1.39, beating the estimated $1.23.
The company's revenue of $20.15 billion fell short of the estimated...
Bank of America Securities is holding firm on its bullish stance for Jazz Pharmaceuticals (NASDAQ:JAZZ), reiterating a Buy rating and maintaining its $213 price...
BTIG initiated coverage on Oklo (NYSE:OKLO) with a Neutral rating, citing the company’s innovative but early-stage efforts to reshape the nuclear energy landscape. The...
Verizon Communications (NYSE:VZ) shares rose more than 1% pre-market today after Evercore ISI upgraded the company to Outperform, raising its price target to $48...
Bank of New York Mellon (NYSE:BK) kicked off the year with first-quarter results that surpassed Wall Street expectations, buoyed by strong performance across its...
Morgan Stanley (NYSE:MS) delivered a blowout first quarter, with profits and revenue exceeding analyst projections, fueled by a standout performance in its equities trading...
Earnings per share of $2.60, surpassing the estimated $2.21.
Revenue reached $17.74 billion, exceeding the estimated $16.54 billion.
A 45% surge in equity trading contributed to...
Fastenal Company (NASDAQ: FAST) Earnings Preview and Financial Health Analysis
Fastenal Company (NASDAQ: FAST) is a leading distributor of industrial and construction supplies, known for...
John Patrick Moylan, the Chief Accounting Officer of Neogen Corporation (NASDAQ:NEOG), purchased 10,000 shares, indicating insider confidence.
NEOG reported earnings of $0.10 per share for...
Lovesac reported an EPS of $2.13, beating the estimated $1.80.
The company achieved a revenue of approximately $241.49 million, significantly exceeding the estimated $138.60 million.
Lovesac's...
Byrna Technologies Inc. (NASDAQ:BYRN) reported earnings per share of $0.06, significantly beating the estimated $0.02.
The company's revenue reached approximately $26.19 million, a 57% year-over-year...
Tesco PLC (PNK:TSCDY) reported an earnings per share (EPS) of $0.44 and revenue of approximately $43.1 billion, matching estimated figures.
The company's shares fell by 6.6%...
SkyWest, Inc. (NASDAQ: SKYW) has experienced a monthly gain of approximately 1.83%, indicating positive momentum despite a recent dip of about 4.79% in the...
Analysts have raised the average price target for Wells Fargo & Company (NYSE:WFC) to $79, indicating a positive outlook and expectations of growth.
Despite a...
Booking Holdings Inc. (NASDAQ:BKNG) has experienced a modest gain of 1.23% in the past 30 days, showcasing steady market resilience.
The company's estimated stock price...
JPMorgan's consensus price target has increased, reflecting analyst confidence, but faces a cautious outlook from Wells Fargo.
Expected flat earnings growth and a slight revenue...
Bank of America Securities downgraded CBOE Holdings (NYSE:CBOE) from Buy to Neutral, trimming its price target to $227 from $260, as the firm anticipates...