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Business

CWEB Business News Bernstein SocGen Raises Coinbase Price Target to $510, Highlights Dominance in Crypto Despite Market Misunderstanding

Bernstein SocGen Group has significantly increased its price target for Coinbase Global (NASDAQ: COIN) from $310 to $510, maintaining an Outperform rating based on...

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...

Honda Rules Out Shifting Production from Canada and Mexico to the U.S.

Honda (NYSE: HMC) has confirmed that it has no plans to move car production from Canada and Mexico to the United States, dismissing earlier...

Nvidia Takes $5.5 Billion Hit as U.S. Tightens AI Chip Export Rules to China

Nvidia (NASDAQ:NVDA) announced Tuesday it will take a $5.5 billion charge after the U.S. government tightened export restrictions on its H20 artificial intelligence chip,...

Goldman Sachs Lowers U.S. Hotels Outlook as Economic Uncertainty and Sluggish Consumer Demand Weigh In

Investor sentiment in the U.S. hotel industry took a hit on Monday, with Goldman Sachs sharply lowering its RevPAR growth forecast amid signals of...

Netflix Poised for Growth Amid Economic Uncertainty, Says Oppenheimer

Netflix appears well-positioned to weather an uncertain economic environment, according to bullish analysts at Oppenheimer and Bank of America. Their continued optimism reinforces that...

U.S. Bank Stocks Rally as Bank of America and Citigroup Beat Q1 Earnings

Shares of major U.S. banks surged on Tuesday after Bank of America (NYSE:BAC) and Citigroup (NYSE:C) reported strong first-quarter results, driven by robust stock-trading...

Palantir (PLTR) Stock Surges as NATO Embraces AI-Driven Defense Tech

Shares of Palantir Technologies Inc. (NYSE:PLTR) extended their rally on Tuesday after the company secured a landmark deal with the North Atlantic Treaty Organization...

Oil Prices Fall Amid Trade Uncertainty and Slow Demand Projections

U.S. oil prices slid by about 1% on Wednesday as traders wrestled with shifting U.S. tariff policies and growing uncertainty over the U.S.-China trade...

British Inflation Slows to Three-Month Low Amid Shifting Fuel and Clothing Prices

British inflation eased to its weakest level in three months in March, providing a welcome respite for consumers and policymakers alike. Official figures from...

Salem Media Group announces deal with Donald Trump Jr, Lara Trump, CWEB News reports

Camarillo, CA – Salem Media Group, a leading conservative media company, has finalized a high-profile partnership with Donald Trump Jr. and Lara Trump, as...

U.S. Stocks End Turbulent Week With Strong Gains

Market Overview U.S. equity markets advanced on Friday, capping off one of the most volatile weeks in recent memory. The S&P 500 rose 1.81% to...

Investors Slash Stock Exposure Amid Uncertainty, Yet New Money Flows In

Investors have cut their equity exposure to levels not seen in years, as fears over economic growth mix with cautious optimism for policy support....

Citi Downgrades U.S. Equities to Neutral Amid Mounting Uncertainty

Citi has downgraded U.S. equities from Overweight to Neutral, citing uncertainty in the macroeconomic outlook, elevated valuations, and mounting earnings downgrade pressures. While recent...

U.S. Stock Index Futures Edge Higher Amid Tariff Uncertainty and Earnings Anticipation

U.S. stock index futures edged higher on Tuesday as investors cautiously awaited more corporate earnings amid continued uncertainty over President Donald Trump’s evolving trade...

Apple Shares Surge After Tariff Exemption, But AI Headwinds Linger

Apple Inc. (NASDAQ:AAPL) shares jumped at the end of last week after U.S. Customs and Border Protection issued new guidance exempting smartphones and several...

Market Stabilizes Post-‘Liberation Day’ Shock, But Uncertainty Remains

The extreme volatility ignited by U.S. President Donald Trump’s abrupt “Liberation Day” tariff announcement appears to have subsided in recent sessions, although lingering uncertainty...

TSMC Nears Breakthrough in Advanced Chip Packaging for AI Demand

Taiwan Semiconductor Manufacturing Co (TSMC) is on the brink of finalizing specifications for an innovative chip packaging method designed to bolster the performance of...

Boeing Shares Tumble as China Halts Jet Deliveries

Boeing (NYSE: BA) shares dropped about 2.5% in pre-market trading on Tuesday after Bloomberg News reported that China ordered its airlines to stop taking...

LVMH ADR Falls Over 6 percent as Q1 Organic Sales Miss Expectations

The ADRs of luxury goods maker LVMH Moet Hennessy Louis Vuitton SA (EPA:LVMH) (OTC:LVMUY) dropped more than 6% on Monday following the release of...

Applied Materials Acquires 9 percent Stake in BE Semiconductor: A Strategic Bet on Hybrid Bonding Technology

In a move that underscores the rising importance of advanced chip packaging, Applied Materials (NASDAQ:AMAT) has acquired a 9% stake in Dutch equipment maker...

EV Sales Surge Globally in March — But U.S. Growth Lags Amid Tariff Tensions

Global electric vehicle (EV) and plug-in hybrid (PHEV) sales surged by 29% year-on-year in March, according to new data from Rho Motion, powered largely...

American Airlines to Offer Free High-Speed Wi-Fi by 2026 — Loyalty-Driven Strategy Takes Off

American Airlines (NASDAQ: AAL) is stepping up the competition in the skies with its latest announcement: starting January 2026, it will offer free high-speed...

Johnson & Johnson Q1 Earnings Beat Estimates, Boosts Sales Forecast Amid Oncology Strength

Johnson & Johnson (NYSE: JNJ) delivered a solid Q1 performance, surpassing Wall Street expectations for both revenue and profit, as its pharmaceutical arm continues...

LVMH Faces Fashion Slowdown: Goldman Sachs Cuts Outlook and Price Target

Luxury giant LVMH is feeling the pressure as Goldman Sachs slashes its stock forecast, citing weak first-quarter performance — especially in its critical Fashion...

Microsoft Bets Big on Carbon Removal with World’s Largest Project in Louisiana

In a bold move toward sustainability, Microsoft (NASDAQ:MSFT) has announced a landmark agreement to remove 6.75 million metric tons of carbon dioxide over 15...

TechTarget, Inc. (NASDAQ:TTGT) Analyst Expectations and Market Trends

The consensus price target for TechTarget, Inc. (NASDAQ:TTGT) has decreased from $33.17 to $25 over the past year. OLED technology has seen a 19.2% year-on-year...

Citigroup Inc. (NYSE:C) Sees Positive Analyst Outlook Amid Financial Growth

Citigroup Inc. (NYSE:C) is a leading global financial services company, providing a wide range of financial products and services to consumers, corporations, governments, and...

Enerpac Tool Group Corp. (NYSE:EPAC) Outshines Competitors in Capital Efficiency

Enerpac Tool Group Corp. (NYSE:EPAC) is a global leader in high-pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads....

Johnson & Johnson’s Impressive Financial Performance

Earnings Per Share (EPS) of $2.77, surpassing estimates and demonstrating growth from the previous year. Revenue reached approximately $21.89 billion, exceeding expectations and leading to...

Bank of America Corporation’s Strong Q1 2025 Financial Performance

Bank of America Corporation (NYSE:BAC) reported a 9% EPS beat and a 1.7% revenue beat for Q1 2025, showcasing strong financial performance. The company's stock is...

Goldman Sachs (NYSE:GS) Surpasses First-Quarter Earnings Estimates

Goldman Sachs reported first-quarter earnings with an EPS of $14.12, beating estimates and leading to a 2.5% stock price increase. The company announced a $40...

HealthEquity, Inc. (NASDAQ: HQY) Under Investigation for Potential Securities Claims

HealthEquity, Inc. (NASDAQ:HQY) is a prominent provider of healthcare savings management services, including health savings accounts (HSAs), flexible spending accounts (FSAs), and other related...

Omnicom Group Inc. (NYSE:OMC): A Comprehensive Overview

Omnicom Group Inc. (NYSE:OMC) Stock Analysis: A Deep Dive into Financial Performance and Market Prospects Omnicom Group Inc. (NYSE:OMC) is a leading company in the...

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Faces Financial Challenges Amid Declining Price Targets

The consensus price target for JBHT has decreased from $180 to $165, indicating analysts' conservative expectations. Financial challenges include higher interest expenses and reduced revenues,...

United Airlines Holdings, Inc. (NASDAQ:UAL) Analyst Price Target Fluctuations

Recent analyst consensus set an average price target of $69.50 for United Airlines Holdings, Inc. (NASDAQ:UAL), reflecting a conservative outlook amidst market volatility. Three months...

Polestar Automotive Holding UK PLC’s Financial Challenges and Growth

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) reported an earnings per share (EPS) of -$0.19, missing the estimated EPS. The company saw a 76% increase in...

Tariff Uncertainty Clouds Skechers Outlook, Says UBS

UBS maintained its Buy rating on Skechers USA (NYSE:SKX) but slightly trimmed its price target to $64 from $65, as the company braces for...

Tariff Exemption Offers Relief: DA Davidson Reaffirms Buy Rating on Best Buy

DA Davidson reiterated its Buy rating and $110 price target on Best Buy (NYSE:BBY), citing a positive shift in tariff policy that could ease...

UBS Trims Microsoft Price Target to $480 as Data Center Buildout Slows

UBS reduced its price target on Microsoft (NASDAQ:MSFT) to $480 from $510 while maintaining a Buy rating, as the tech giant signals a shift...

TD Cowen Trims Visa Price Target Amid Murkier Consumer Outlook

TD Cowen lowered its price target on Visa (NYSE:V) to $370 from $382 while reaffirming a Buy rating, noting resilient payment volumes but growing...

Truist Upgrades Element Solutions, Sees Growth Resilience Amid Market Volatility

Truist Securities raised its rating on Element Solutions (NYSE:ESI) from Hold to Buy, setting a new price target of $24, down from $28, citing...

Macquarie Cuts Price Target for Baidu

Macquarie trimmed its price target on Baidu (NASDAQ:BIDU) from $85 to $83, maintaining a Neutral rating, as the Chinese tech giant grapples with a...

Meta Antitrust Case Begins, CWEB News analyzes challenges ahead for FTC and the social media giant

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...

Eric and Don Trump Jr. Partner with Crypto Giant Hut 8 to Launch “American Bitcoin” Mining Venture – CWEB News

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...

Unity Bancorp, Inc. (NASDAQ: UNTY) Surpasses Earnings Expectations

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...

Northern Trust (NASDAQ:NTRS) Faces Downgrade Amid Evolving Asset Management Landscape

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. Performance Analysis

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...

Citigroup Inc. (NYSE:C) Quarterly Earnings Preview and Financial Health Analysis

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...

United Airlines Holdings, Inc. (NASDAQ:UAL) Quarterly Earnings Preview

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...
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