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Business

CWEB Business News: Paychex Shares Drop 7% Despite Revenue Beat — Organic Growth Concerns Weigh on Investors

By CWEB Business News Paychex Inc. (NASDAQ: PAYX) shares fell by 7% during intraday trading following the release of its fourth-quarter earnings report, as investors...

CWEB Business News Microsoft’s AI and Cloud Growth See Mixed Analyst Reactions as Stock Hovers Near Record Highs

H.C. Wainwright recently began covering Microsoft (NASDAQ:MSFT) with a Neutral rating, signaling cautious optimism despite the tech giant’s strong position in AI and cloud...

Fannie Mae’s Impressive First Quarter Earnings in 2025

Earnings Per Share (EPS) breakeven of $0. Recorded revenue of $7.08 billion, slightly below expectations. Strong financial ratios with a Price-to-Earnings (P/E) ratio of approximately 2.03...

Spotify Technology S.A. (NYSE:SPOT) Price Target and Financial Performance Overview

Mark Mahaney from Evercore ISI set a price target of $650 for Spotify, indicating a potential upside of 7.81%. Previous quarter earnings per share (1Q...

Moderna Inc. (NASDAQ: MRNA) Quarterly Earnings Preview

Earnings per Share (EPS) Prediction: Wall Street analysts forecast an EPS of -$2.92, marking a 4.9% improvement year-over-year despite expected revenue decline. Revenue Decline: Anticipated...

Granite Construction Incorporated’s Commitment to Sustainability and Financial Performance

Granite Construction Incorporated (NYSE:GVA) emphasizes environmental responsibility in its business operations, as detailed in its annual Sustainability Report. The company is preparing to release its...

Graphic Packaging Holding Company (NYSE:GPK) Faces Downward Trend in Price Targets Amid Financial Challenges

The consensus price target for Graphic Packaging Holding Company (NYSE:GPK) has decreased from $31.5 to $28 over the past year, indicating more conservative expectations...

Reinsurance Group of America, Incorporated (NYSE:RGA) Analysts Adjust Price Targets

The consensus price target for RGA has been on a downward trend, indicating analysts' adjusted expectations. RGA's recent earnings report showed a quarterly EPS of...

Zeta Global Holdings Corp. (NYSE:ZETA) Overview: A Strong Player in MarTech

Zeta Global Holdings Corp. (NYSE:ZETA) demonstrates strong fourth-quarter results with a 50% increase in revenue year-over-year. The company's AI-driven marketing platform is gaining traction, leading to...

First Financial Bancorp (NASDAQ: FFBC) Stock Update and Financial Highlights

First Financial Bancorp (NASDAQ: FFBC) director Booth Cynthia O sold 18,609 shares at $22.91 each, indicating potential insider sentiment. The company announced a quarterly cash...

U.S. Economy Contracts in Q1 as Tariff Front-Loading and Policy Uncertainty Bite

GDP Slides 0.3% on Import Surge The U.S. economy unexpectedly contracted by 0.3% in Q1, according to the Commerce Department’s advance GDP estimate—down from +2.4%...

Seaport Research Issues Rare Sell Rating on Nvidia Amid AI “Fully Priced” Concerns

Seaport’s Bearish Case: Valuation, Deployment Hurdles, and Customer Risks Seaport Research Partners stunned the Street Wednesday by assigning Nvidia (NASDAQ:NVDA) a Sell rating with a...

Meta Platforms Q1 2025 Earnings: AI Investment Fuels Top?Line Beat

Meta Platforms Inc. (NASDAQ:META) shares jumped over 4% in after-hours trading after the company reported a strong first quarter and raised its outlook, underscoring...

Microsoft Q3 Cloud Boom Fuels 6 percent After-Hours Rally

Strong Q3 Results Outpace Expectations Microsoft Corporation (NASDAQ:MSFT) shares jumped over 6% in after-hours trading Wednesday after the tech giant reported fiscal Q3 EPS of...

Apple’s India Shift: Ambition or Illusion Amid U.S. Tariff Threat?

As tensions rise over U.S. trade policy, Apple Inc. (NASDAQ:AAPL) is reportedly accelerating efforts to move iPhone production from China to India. The move,...

Elon Musk Applauds Tesla Board Member’s $1M Stock Purchase as Company Eyes Major 2025 Breakthroughs – CWEB News Report

CWEB News Exclusive – Elon Musk, CEO of Tesla Inc., publicly praised board member Mr. Gebbia this week after the Airbnb co-founder purchased over...

“Magnificent Seven” Fight Back as Trade Easing and Earnings Loom

Valuation Pressure and Tariff Fears Weighed Heavily In early 2025, the Magnificent Seven—Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla—faced a significant pullback. Their lofty...

Visa Tops Q2 Estimates and Unveils $30B Buyback

Visa (NYSE:V) delivered better-than-expected fiscal second-quarter results, powered by robust gains in payments and cross-border volumes, and announced a massive new $30 billion share...

UBS Q1 Beats Estimates but Warns of Tariff-Driven Uncertainty

Strong Trading Quarter and Mixed Outlook UBS reported a first-quarter net profit of $1.7 billion, topping analyst expectations of $1.3 billion despite a slight year-on-year...

GSK Says AI and Dual Sourcing Will Cushion Pharma Tariffs

Q1 Beats Expectations, Tariff Plan in Place GSK reported Q1 turnover of £7.52 billion and core EPS of 44.9 pence, narrowly topping consensus. Shares jumped...

Nvidia Pauses as Trump Officials Weigh AI Chip Export Rule Changes

Stocks Slip on Potential Policy Shift Shares of Nvidia (NASDAQ:NVDA) edged down in early trading after Reuters reported that Trump administration officials are reviewing a...

Gold Retreats on Trade Optimism and Auto Tariff Easing

Prices Dip Amid Reduced Trade-Risk Premium Gold extended declines in Asian trading on Wednesday after President Trump signed orders easing auto tariffs, and Commerce Secretary...

TSMC Breaks Ground on Third Arizona Fab, Cementing U.S. Expansion

$165 B Investment Spurs U.S. Manufacturing Renaissance Taiwan Semiconductor Manufacturing (NYSE:TSM) kicked off construction on its third fabrication plant in Phoenix, Arizona, marking what CEO...

Nvidia Shares Slip After Super Micro’s Disappointing Q3 Preview

Super Micro’s Revenue Warning Sends Ripples Through AI Hardware Nvidia (NASDAQ:NVDA) shares fell 1.7% in after-hours trading Tuesday following Super Micro Computer’s (NASDAQ:SMCI) preliminary Q3...

Extreme Pessimism on U.S. Assets as Tariff Uncertainty Persists, Citi Says

“Uncertainty” Dominates IMF-World Bank Sentiment Citi strategists report that negative sentiment toward U.S. assets reached “extreme” levels during last week’s IMF-World Bank meetings in Washington....

S&P 500 Extends Gains as Yields Fall and Tariff Flexibility Bolsters Sentiment

Stocks Rally on Tariff Relief and Trade Deal Hopes The S&P 500 closed up 0.6% on Tuesday—the sixth consecutive advance—driven by a steep drop in...

Dollar Index Retraces but Weakness Likely to Resume, BofA Says

Greenback’s Brief Rally and Broader Downtrend At 08:40 ET, the Dollar Index rose 0.2% to 99.012, clawing back part of last week’s losses after dipping...

GM Suspends Guidance and Buybacks Amid New Trump Tariffs

General Motors (NYSE:GM) shares dipped nearly 3% in premarket trading after the automaker withdrew its 2025 earnings outlook and paused a $4 billion share...

Citi Strategists See Equity Positioning Near Neutral as Tariff Threats Ease

Positioning Rebounds on Tariff Moderation and Strong Earnings Citigroup strategists led by Chris Montagu report that U.S. equity positioning has rebounded to near-neutral levels after...

Don’t Time the Market: Staying Invested Beats Trying to Dodge Volatility

Missing the Best Days Cuts Returns Sharply A recent Wells Fargo analysis shows that missing the 30 best trading days in the S&P 500 from...

Amazon Shares Slip on Tariff-Price Disclosure Row

Pre-Market Dip and Quick Recovery Shares of Amazon (NASDAQ:AMZN) fell over 2% in pre-open trading Tuesday after White House Press Secretary Karoline Leavitt branded the...

Asian Markets Flat as Weak Factory Data and Inflation Reports Weigh

Regional Equities Pause Ahead of Key U.S. Data Most Asian stock markets saw little movement on Wednesday as investors absorbed mixed economic signals. Weak factory...

U.S. Futures Dip Ahead of Mega-Cap Tech Earnings and Key Data

Futures Market at a Glance U.S. stock futures edged broadly lower on Wednesday as investors braced for a week packed with mega-cap tech earnings and...

China’s Manufacturing Contracts as U.S. Tariffs Bite

Export Orders Plunge to Pandemic Lows April survey data from China’s National Bureau of Statistics revealed that new export orders slid to their weakest level...

Reddit’s Upcoming Earnings Report: A Deep Dive into Financials and Market Position

Reddit is set to release its Q1 2025 earnings with an estimated EPS of $0.03 and projected revenue of $369.68 million. The company anticipates a...

Avantor, Inc. (NYSE:AVTR) Downgraded by Morgan Stanley Amid Financial Challenges

Morgan Stanley downgraded NYSE:AVTR to an Equal-Weight rating, reflecting concerns over financial performance. Avantor's Q1 2025 earnings report showed an adjusted EPS of 23 cents,...

BP Misses Q1 Earnings, Cuts Buyback, Shares Down 2 percent

BP (NYSE:BP) reported first-quarter results that missed analyst expectations and scaled back its share buyback program, leading to a more than 2% drop in...

American Tower Tops Revenue Expectations, Stock Gains 4 percent

American Tower (NYSE:AMT) shares rose more than 4% intra-day today after the company reported first-quarter revenue that exceeded analyst estimates. The company posted revenue of...

Altria Beats Q1 Estimates, Shares Up 1 percent

Altria Group (NYSE:MO) delivered first-quarter earnings and revenue that surpassed analyst expectations, sending its shares up more than 1% intra-day today. The company posted adjusted...

Trade Desk Inc. (NASDAQ:TTD) Bullish Price Target and Market Performance

Omar Nokta from Jefferies sets a bullish price target of $125 for Trade Desk Inc. (NASDAQ:TTD), indicating a potential upside of approximately 70.22%. As of...

Starbucks Corporation (NASDAQ:SBUX) Neutral Rating and Financial Insights

UBS maintains a Neutral rating on Starbucks Corporation (NASDAQ:SBUX), adjusting the price target from $105 to $90. Starbucks is expected to report a decrease in...

Astec Industries, Inc. (NASDAQ: ASTE) Reports Impressive Q1 Financial Results

Astec Industries, Inc. (NASDAQ:ASTE) reported earnings per share (EPS) of $0.622, surpassing estimates and indicating strong operational efficiency. The company's revenue reached $329.4 million, supported...

First Financial Bankshares, Inc. (NASDAQ:FFIN) Announces Strategic Board Changes and Dividend Increase

First Financial Bankshares, Inc. (NASDAQ:FFIN) elects new board members, signaling a positive shift towards growth and innovation. The company declares an increase in dividends, reflecting...

Eldorado Gold Corporation Faces Legal Scrutiny Amid Project Delays

Eldorado Gold Corporation (NYSE:EGO) is a mining company that focuses on the exploration, development, and production of gold properties. It operates in several countries,...

Robinhood Markets, Inc. (NASDAQ: HOOD) Earnings Preview and Stock Surge

Robinhood Markets, Inc. (NASDAQ:HOOD) anticipates earnings per share of $0.32 and revenue of approximately $917.2 million for the upcoming quarterly earnings. The stock price of HOOD...

SpringWorks Therapeutics Acquisition by Merck KGaA

Merck KGaA plans to acquire SpringWorks Therapeutics (NASDAQ:SWTX) for approximately $3.9 billion, aiming to enhance its portfolio in rare diseases and cancer treatments. The acquisition...

TFI International Inc. (NYSE:TFII) Faces Legal Challenges Amidst Optimistic Price Target

Stifel Nicolaus sets a price target of $88 for TFI International Inc. (NYSE:TFII), indicating a potential increase of approximately 10.23% from its current price. TFII...

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Quarterly Earnings Preview

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) is a prominent player in the manufacturing sector, specializing in welding products, cutting equipment, and automation systems. As a...

Novartis AG (NYSE:NVS) Surpasses Earnings Estimates but Misses on Revenue

Earnings Per Share (EPS) of $2.28, beating the estimated $2.12. Revenue of approximately $13.23 billion, slightly below the estimated $13.81 billion. Increased 2025 financial outlook following...

Domino’s Pizza, Inc. (NASDAQ:DPZ) Sees Price Target Increase and Reports Mixed Q1 2025 Earnings

BTIG sets a new price target for Domino's Pizza, Inc. (NASDAQ:DPZ) at $530, marking an 8.02% increase. Despite a decline in delivery sales, Domino's reports...
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