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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...
Business

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...
Business

Telecom Stocks Show Defensive Strength Amid Market Volatility: Bernstein

Business
As macroeconomic uncertainties continue to unsettle global markets, U.S. telecom stocks are proving to be a relative safe haven. According to Bernstein analysts, telecom...

Asian Markets Mixed Amid Light Holiday Trading and Inflation Concerns

Business
Asian equities delivered a mixed performance on Monday during a holiday-thinned session. Gains in Chinese markets contrasted with losses in Japan, while other major...

Trade War Escalation Puts Global Commodities on Shaky Ground

Business
The re-election of Donald Trump and renewed U.S.-China tariff tensions have pushed commodities markets to the center of geopolitical risk. According to RBC Capital...

Citi: Advertising Sector Still Attractive Despite Tariff Headwinds

Business
Despite fresh U.S. tariffs weighing on consumer spending and squeezing marketing budgets, Citi is doubling down on the U.S. advertising sector, calling the upcoming...

Is the U.S. Dollar’s Safe-Haven Status in Jeopardy?

Business
The U.S. dollar, long considered a pillar of global financial stability, is facing renewed scrutiny as recent policy actions raise doubts about its role...

Gold Hits Fresh Record as Fed Shake-Up Fears and Russia-Ukraine Tensions Fuel Safe-Haven Demand

Business
Gold prices soared to new record highs in Asian trading on Monday, lifted by deepening fears over U.S. monetary policy independence and renewed geopolitical...

Asian Equities Slip as Fed Independence Fears and Tariff Worries Weigh

Business
Asian stocks and U.S. futures fell on Monday amid growing concerns over President Trump’s criticism of the Federal Reserve, persistent tariff uncertainty, and a...

Dollar Plunges to Multi?Year Lows as Trump’s Fed Shake?Up Fires Up FX Markets

Business
The U.S. dollar tumbled on Monday, with investor confidence rattled by President Trump’s musings on firing Federal Reserve Chair Jerome Powell and ongoing tariff...

Oil Retreats Over 1.5 percent on Tariff?Driven Demand Worries and Supply Build?Up

Business
]Oil prices fell sharply on Monday, extending last week’s volatility as investors weighed the knock?on effects of U.S. tariffs on global growth alongside rising...

Asian Currencies Surge as U.S. Dollar Slumps on Fed Independence Fears

Business
Most Asian currencies rallied sharply on Monday, led by gains in the Japanese yen and Australian dollar, after the U.S. dollar fell to its...

Trump’s Economic Approval Hits New Low as Tariff and Inflation Backlash Mounts

Business
President Donald Trump’s economic approval rating has slumped to its lowest of his tenure, with voters expressing growing frustration over tariffs, inflation, and federal...

Malaysia Airlines Owner Seeks 737 MAX Slots Returned from China

Business
Malaysia Aviation Group (MAG), the parent of Malaysia Airlines, is in talks with Boeing (NYSE:BA) to acquire delivery slots for 737 MAX jets that could...

Analyst Rating Roundup: Apple, Coty, Cloudflare & Fiserv

Business
A flurry of analyst moves this week saw sector upgrades, double downgrades, and mixed views across tech, consumer and payments stocks. Apple Inc. (NASDAQ:AAPL) Rating Action:...

Brutal Long Liquidations Shake Crypto Markets Over Easter

Business
Over a four?hour stretch on Sunday, Bitcoin (BTC) saw an unprecedented one?sided flush as leveraged longs were swept out, highlighting the risks of crowded...

Japan’s Core Inflation Accelerates, BOJ Rate Path Clouded by Tariff Tensions

Business
Japan’s consumer price index (CPI) data for March showed inflation remaining sticky, with underlying measures well above the Bank of Japan’s target—complicating the central...

Asian Markets Mixed as Holiday Thinness and Macro Data Weigh

Business
Asian equities exhibited a mixed performance on Monday’s holiday?thinned session, with Chinese stocks edging higher after the People’s Bank of China held loan prime...

LVMH CEO Arnault Blames Brussels for Trade Fallout, Doubles Down on Ultra?Luxury

Business
LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) Chairman and CEO Bernard Arnault warned shareholders Thursday that escalating U.S.?EU trade tensions risk undermining free trade—placing...

U.S.–China Decoupling Accelerates Amid Rising Tariffs and Non?Tariff Barriers

Business
Decoupling between the United States and China is accelerating rapidly, with both nations dismantling economic ties through higher tariffs and an expanding array of...

LVMH CEO Arnault Blames Brussels for Trade Fallout, Doubles Down on Ultra?Luxury

Business
LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) Chairman and CEO Bernard Arnault warned shareholders Thursday that escalating U.S.?EU trade tensions risk undermining free trade—placing...

U.S.–China Decoupling Accelerates Amid Rising Tariffs and Non?Tariff Barriers

Business
Decoupling between the United States and China is accelerating rapidly, with both nations dismantling economic ties through higher tariffs and an expanding array of...

CWEB News Exclusive: PM Modi and Elon Musk Spark India-US Tech Revolution—Starlink, Tesla, and Trade Deals in Focus

Business
NEW DELHI — In a landmark dialogue poised to reshape global tech landscapes, Indian Prime Minister Narendra Modi and visionary entrepreneur Elon Musk have reignited discussions to supercharge collaboration...

CWEB News Exclusive: Luxury Giants LVMH, Hermès, and Gucci Navigate Economic Waves—Analysts Share Insights

Business
As the global economy wobbles under sluggish growth and shifting trade policies, luxury titans like Louis Vuitton Moët Hennessy (LVMH), Hermès, and Gucci are riding a rollercoaster of...

CWEB News: CBS News Dealt ‘Shocker’ ‘Wheel of Fortune’ Loss as Court Sides with Sony in Content Distribution Battle

Business
LOS ANGELES — CBS News (NASDAQ:CBS) faced a significant legal setback this week in its high-stakes battle with Sony Pictures Television over global distribution rights...

LVMH CEO Arnault Blames Brussels for Trade Fallout, Doubles Down on Ultra?Luxury

Business
LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) Chairman and CEO Bernard Arnault warned shareholders Thursday that escalating U.S.?EU trade tensions risk undermining free trade—placing...

U.S.–China Decoupling Accelerates Amid Rising Tariffs and Non?Tariff Barriers

Business
Decoupling between the United States and China is accelerating rapidly, with both nations dismantling economic ties through higher tariffs and an expanding array of...

LVMH CEO Arnault Blames Brussels for Trade Fallout, Doubles Down on Ultra?Luxury

Business
LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) Chairman and CEO Bernard Arnault warned shareholders Thursday that escalating U.S.?EU trade tensions risk undermining free trade—placing...

U.S.–China Decoupling Accelerates Amid Rising Tariffs and Non?Tariff Barriers

Business
Decoupling between the United States and China is accelerating rapidly, with both nations dismantling economic ties through higher tariffs and an expanding array of...

CWEB News Exclusive: Walmart to Remain Open This Easter, Offering Festive Deals and Essentials

Business
CWEB News Reports on Retail Giants’ Easter Hours; Shoppers Rejoice as Walmart Stays Open As Easter approaches, many shoppers wonder: Is Walmart open on Easter? CWEB News...

LVMH CEO Arnault Blames Brussels for Trade Fallout, Doubles Down on Ultra?Luxury

Business
LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) Chairman and CEO Bernard Arnault warned shareholders Thursday that escalating U.S.?EU trade tensions risk undermining free trade—placing...

U.S.–China Decoupling Accelerates Amid Rising Tariffs and Non?Tariff Barriers

Business
Decoupling between the United States and China is accelerating rapidly, with both nations dismantling economic ties through higher tariffs and an expanding array of...

Comerica Incorporated (NYSE:CMA) Quarterly Earnings Preview

Business
Earnings Per Share (EPS) estimate is set at $1.14, with projected revenue of approximately $837.3 million. Despite challenges, Comerica is expected to benefit from a...

UnitedHealth’s Earnings Miss Sparks 20 percent Sell?Off, Cites Rising Medical Costs

Business
UnitedHealth Group (NYSE:UNH) shook healthcare investors on Wednesday after reporting its first quarterly earnings miss since 2008 and slashing its full?year outlook—fueling a 23%...

Eli Lilly Surges on Positive Phase 3 Results for Oral Diabetes Drug: Could This Be the “Ozempic in a Pill”?

Business
Eli Lilly (NYSE: LLY) stock jumped over 14% on Thursday, powered by highly promising Phase 3 results for orforglipron, an oral GLP-1 receptor agonist...

Hertz Soars as Bill Ackman’s Pershing Square Takes 20 percent Stake: What It Means for Investors

Business
Hertz (NASDAQ: HTZ) stock is back in the spotlight, surging 56% on Wednesday and another 44% on Thursday, after billionaire investor Bill Ackman’s Pershing...

Uber in Talks to Acquire Trendyol Go: Strategic Expansion or Market Play?

Business
Uber Technologies Inc. (NYSE: UBER) is reportedly eyeing an expansion into Turkey’s on-demand delivery market through the potential acquisition of Trendyol Go, the food...

FERC Renews BlackRock’s Permission to Own Large Stakes in U.S. Utilities Amid Political Scrutiny

Business
The U.S. Federal Energy Regulatory Commission (FERC) has renewed BlackRock's (NYSE:?BLK) authority to own up to 20% of voting securities in publicly traded U.S....

Apple’s China Smartphone Shipments Fall 9 percent in Q1 as Xiaomi Surges Ahead

Business
Apple (NASDAQ:AAPL) saw its China iPhone shipments decline 9% year?over?year in the first quarter, according to IDC data—the only major smartphone maker to report...

Japan Denies Yen Manipulation Ahead of Washington Talks

Business
Japan’s Finance Minister, Katsunobu Kato, told parliament on Friday that Tokyo does not manipulate currency markets to weaken the yen—directly countering U.S. President Donald...

Netflix Affirms 2025 Revenue Outlook Amid Tariff Uncertainty and Consumer Resilience

Business
Netflix executives on Thursday stood by the company’s full?year revenue guidance and reiterated confidence that the streaming leader will remain resilient despite potential economic...

UBS Cuts Price Targets for Nvidia and AMD Amid China AI Licensing Restrictions

Business
Impact of New U.S. Licensing Rules on China-Focused GPUs UBS analysts led by Timothy Arcuri have trimmed their price targets for two leading AI?chip suppliers—Nvidia...

U.S. Markets Slip Amid Tariff Uncertainty and Mixed Earnings

Business
On Thursday, U.S. equity benchmarks gave back much of their earlier gains as investors weighed ongoing tariff uncertainties and a mixed slate of corporate...

Netflix Q1 Earnings Exceed Expectations as Ad Tier and Price Hikes Drive Growth

Business
Netflix (NASDAQ:NFLX) reported first-quarter 2025 results on Thursday that outpaced Wall Street estimates, powered by recent subscription price increases and a surge in demand...

Asian Stocks Rally on Tariff Talks and Macro Data in Focus

Business
Asian equities recovered on Thursday as optimism around U.S. tariff negotiations coincided with key macro releases and central bank scrutiny. Investors also eyed Taiwan...

U.S. Stocks Slide as Nvidia Export Curbs and Fed Warnings Weigh

Business
U.S. equities closed sharply lower on Wednesday, with the S&P 500 down 2.24%, as investors grappled with mixed signals from Nvidia (NASDAQ:NVDA) and Federal Reserve...

Bitcoin Rises on U.S.–Japan Trade Optimism, Fed Hawkishness Weighed

Business
Bitcoin rose on Thursday as risk sentiment improved on signs that U.S. trade talks with Japan—and potentially China—may ease global uncertainty, even as the...

TSMC Q1 Profit Climbs 60 percent, Raises Q2 Revenue Outlook Amid AI Demand and Tariff Risks

Business
Taiwan Semiconductor Manufacturing Co (TSMC) (NYSE:TSM; TW:2330) delivered a blockbuster first quarter, posting a 60% jump in net profit and guiding higher for Q2...

LVMH CEO Arnault Blames Brussels for Trade Fallout, Doubles Down on Ultra?Luxury

Business
LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) Chairman and CEO Bernard Arnault warned shareholders Thursday that escalating U.S.?EU trade tensions risk undermining free trade—placing...

GLJ Research Flags Overly Optimistic Q2 Delivery Forecasts for Tesla

Business
GLJ Research’s Gordon Johnson warns that Wall Street’s consensus for Tesla (NASDAQ:TSLA) second?quarter delivery growth may be significantly overstated, given rising trade tensions and...
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