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HomeBusiness

Business

CWEB Business News American Express Leads in Capital Efficiency, Outperforming Visa and Mastercard

American Express Company (NYSE: AXP), a powerhouse in global financial services, continues to demonstrate superior capital efficiency compared to industry giants Visa Inc. (NYSE:...

CWEB Business News Coinbase Global, Inc. Poised for Growth as Analyst Sets $405 Price Target Amid Market Volatility

Trevor Williams of Williams Trading has issued a bullish price target of $405 for Coinbase Global, Inc. (NASDAQ:COIN), signaling a potential 6.27% upside from...

Jabil Inc. (NYSE:JBL) Q3 FY’25 Financial Outlook

Jabil Inc. (NYSE:JBL) is a prominent player in the electronics manufacturing services industry. The company designs and manufactures electronic circuit board assemblies and systems....

Argan, Inc. (NYSE:AGX) Demonstrates Strong Financial Health and Market Valuation

Low debt-to-equity ratio of approximately 0.008, indicating minimal reliance on debt and a strong financial position. President and CEO Watson David Hibbert sold 17,969 shares...

Oracle Corporation’s Impressive Earnings Report and Future Outlook

Oracle Corporation (NYSE:ORCL) reported earnings per share (EPS) of $1.70 and revenue of $15.9 billion, surpassing estimates. The company's stock surged by 8% following the...

Oxford Industries, Inc. (NYSE:OXM) Financial Performance Analysis

Oxford Industries reported earnings per share (EPS) of $1.82, aligning with estimates but showing a decrease from the previous year. The company's revenue of approximately...

Lennar Corporation (NYSE:LEN) Quarterly Earnings Preview

Analysts estimate an EPS of $1.98 and projected revenue of $8.24 billion for Lennar Corporation's upcoming quarterly earnings. The expected decrease in EPS from $3.38...

Dollarama Inc. (OTC:DLMAF) Surpasses Earnings Expectations

Dollarama reported earnings per share of $0.71, beating the estimated $0.60, and revenue of approximately $1.1 billion, slightly above the forecast. Dollarama's net earnings surged...

Cognyte Software Ltd. (NASDAQ:CGNT) Surpasses Earnings Estimates in Q1 Fiscal Year 2026

Earnings per share of $0.07, beating the estimated $0.03, showcasing stronger-than-expected profitability. Revenue of approximately $95.5 million, slightly below the estimated $96 million, yet indicating...

KB Home (NYSE: KBH) Quarterly Earnings Insight

KB Home is set to release its quarterly earnings with an estimated EPS of $1.45 and projected revenue of approximately $1.51 billion. The company's financial...

Euroseas Ltd. (NASDAQ:ESEA) Surpasses Earnings and Revenue Expectations

Euroseas Ltd. (NASDAQ:ESEA) reported earnings per share of $3.87, exceeding estimates and showcasing strong financial performance. The company's revenue of $54.73 million surpassed expectations, indicating...

CoreWeave Teams with Google Cloud to Power OpenAI’s AI Demand

Partnership Highlights CoreWeave Integration: CoreWeave will supply NVIDIA GPU?based computing capacity to Google Cloud. OpenAI Support: Google Cloud—bolstered by CoreWeave’s resources—will provision infrastructure for OpenAI services...

Citi Launches ‘Positive Catalyst Watch’ on Microsoft Ahead of Azure Inflection

Citi analysts have initiated a “Positive Catalyst Watch” on Microsoft (NASDAQ:?MSFT), arguing that Street estimates for Azure are too conservative for fiscal?2026. Their conviction...

HSBC Upgrades U.S. Equities to Overweight on AI, Weaker Dollar, and Policy Catalysts

Strategic Upgrade and Key Drivers HSBC strategists, led by Max Kettner, have shifted their U.S. equity stance to Overweight from Neutral amid: Artificial Intelligence Optimism: Renewed...

Oracle Surges After Raising Revenue Outlook on AI-Driven Cloud Demand

Oracle Corporation (NYSE:ORCL) soared in extended trading after the company raised its annual revenue growth forecast and highlighted strong momentum in cloud and AI...

Bitcoin Slips as Trade Deal Optimism Fades Amid Fresh Tariff Threats

Bitcoin prices fell on Thursday despite initial market optimism over a tentative U.S.-China trade framework, as investors grew wary of new tariff threats from...

Gold’s Consolidation “Pause” Signals Next Upside Move, Says UBS

Despite gold hitting an all-time high of $3,500 in late April, UBS analysts believe the recent consolidation is a healthy breather before another leg...

Asian Stocks Mixed Amid Tariff Threats and Geopolitical Tensions

Market Snapshot S&P?500 Futures: Down 0.4% in Asian trading after Trump’s tariff warning. Shanghai?Composite & CSI?300: Slight declines following earlier week gains. Hang?Seng: Off 0.5%, hurt by...

Emerging Bull Case: Morgan Stanley’s Optimism for Equity Markets

Morgan Stanley analysts argue that a “new bull case” is taking shape, fueled by a rapid reversal of reciprocal tariffs and de-escalation of U.S.-China...

Air India Flight AI171 Crash in Ahmedabad Sends Boeing Shares Tumbling

What Happened Flight AI171, a Boeing?787?8 Dreamliner operated by Air?India, crashed shortly after take?off from Ahmedabad en?route to London?– Gatwick. The aircraft reached about 625?ft before...

America’s Car-Mart, Inc. (NASDAQ: CRMT) Quarterly Earnings Preview

Earnings per Share (EPS) projection of $0.87 reflects the company's profitability. Expected revenue of approximately $369.77 million indicates strong sales generation capabilities. The price-to-earnings (P/E) ratio...

UBS Cuts Price Target on Vail Resorts, Maintains Neutral Rating Amid Sluggish Pass Sales Outlook

UBS lowered its price target on Vail Resorts (NYSE:MTN) to $169 from $185, while maintaining a Neutral rating, citing ongoing weakness in pass sales...

UBS Reiterates Buy on Arch Capital, Sees Strong Capital Returns Ahead

UBS reaffirmed a Buy rating on Arch Capital Group (NASDAQ:ACGL) and maintained a $124 price target, citing the insurer’s robust capital generation and ongoing...

GitLab Shares Sink 8 percent Despite Earnings Beat as Revenue Guidance Disappoints

GitLab (NASDAQ:GTLB) shares plunged over 8% intra-day today as upbeat Q1 results were overshadowed by underwhelming revenue guidance. The DevSecOps platform reported adjusted Q1 earnings...

GameStop Shares Dip 4 percent as Revenue Misses Despite Surprise Profit

GameStop (NYSE:GME) shares dropped more than 4% intra-day today after the company reported first-quarter revenue that fell short of expectations, overshadowing an unexpected profit. The...

Dave & Buster’s Shares Surge 13 percent as Recovery Momentum Trumps Weak Q1 Results

Dave & Buster’s Entertainment (NASDAQ:PLAY) saw its stock jump over 13% intra-day today, as investors looked past weaker-than-expected quarterly results and focused on signs...

Chewy Shares Slip 10 percent as Higher Costs Offset Stronger Sales Growth

Chewy (NYSE:CHWY) posted stronger-than-expected first-quarter revenue but saw its stock fall more than 10% intra-day today after earnings fell short due to rising operating...

Lakeland Industries, Inc. (NASDAQ:LAKE) Reports Fiscal Q1 2026 Financial Results

Lakeland Industries, Inc. (NASDAQ:LAKE) achieved record net sales of $46.7 million, a 29% increase year-over-year, driven by a significant rise in Fire Services products. Despite...

CWEB News Exclusive: President Trump’s Historic US-China Accord – The Biggest Trade Deal in Modern History

In a landmark moment for global trade and international diplomacy, President Donald J. Trump has announced the completion of a monumental U.S.-China trade agreement,...

Wells?Fargo Sees Flat to Declining Consumer Loan Growth in 2025

CFO Forecast: “Muted” Consumer Lending Ahead Wells?Fargo CFO Mike Santomassimo told investors this week that U.S. consumer loan growth is likely to remain muted —...

Air Force Halves F?35 Order: What It Means for Lockheed Martin’s Finances

Order Cut Underscores Pentagon Budget Constraints The U.S. Air Force trimmed its F?35 jet request from 48 to 24 aircraft, per a Bloomberg report citing...

Wells?Fargo Maintains Underweight on Tesla as Q2 Deliveries Slump

Q2 Delivery Trends Wells?Fargo analysts reiterated an Underweight rating and a $120 price target on Tesla (NASDAQ:?TSLA), citing another weak quarter ahead: Global deliveries in May...

Informa TechTarget, Inc. (NASDAQ:TTGT) Quarterly Earnings Preview

Informa TechTarget, Inc. (NASDAQ:TTGT) is set to release its quarterly earnings with an anticipated EPS of $0.02 and revenue of $104.2 million. The company reported...

Oracle Corporation’s Market Outlook and Financial Performance

The consensus price target for Oracle Corporation (NYSE:ORCL) has been on a downward trend, indicating a cautious outlook from analysts. Market conditions, including the May...

REE Automotive Ltd. (NASDAQ:REE) Maintains Stable Analyst Consensus Amid Positive Developments

Stable Analyst Consensus: REE Automotive Ltd. (NASDAQ:REE) has maintained a consistent consensus price target of $1 over the past year, indicating a stable outlook...

Chewy, Inc. (NYSE:CHWY) Analyst Sentiment and Market Position

Analyst sentiment towards Chewy, Inc. (NYSE:CHWY) has become more positive over the past year, with the consensus price target increasing from $34.88 to $47. The...

J.Jill, Inc. (NYSE:JILL) Reports First-Quarter Financial Results for Fiscal Year 2025

Earnings per share of $0.88 met analysts' expectations, but revenue of $153.6 million fell short of the anticipated $156.8 million. New CEO Mary Ellen Coyne...

Chewy Inc. (NYSE:CHWY) Earnings Report Highlights

Chewy reported earnings per share (EPS) of $0.35, beating the estimated $0.34, and exceeded revenue expectations with approximately $3.12 billion. Despite an 8.3% increase in...

ArcBest Corporation (NASDAQ:ARCB) Stock Analysis and Insights

Jefferies maintains a "Buy" rating for ArcBest Corporation (NASDAQ:ARCB), raising the price target from $75 to $85, indicating strong growth...

GM Shifts Gears: $4 Billion Investment to Boost Gas Vehicle Production in U.S.

General Motors (NYSE: GM) is pivoting from its EV-first narrative with a new $4 billion investment across three U.S. manufacturing facilities, signaling a strategic...

Fed Expected to Hold Rates Steady as Tariff Uncertainty Clouds Outlook

Federal Reserve officials are likely to remain on hold in the coming months, with Deutsche Bank analysts forecasting a wait-and-see approach amid rising uncertainty...

Gold Prices Gain as Trump Tariff Ruling Fuels Risk-Off Sentiment

Gold prices climbed in Asian trade on Wednesday, supported by renewed risk aversion after a U.S. court ruling upheld President Donald Trump’s trade tariffs,...

Alphabet Offers Voluntary Buyouts in Search and Ads Units Amid Competitive, Legal Pressures

Alphabet Inc. (NASDAQ:GOOGL) saw its shares trim early gains on Tuesday after reports surfaced of voluntary employee buyouts in its core search and advertising...

Dollar Steadies as U.S.-China Trade Talks Signal Thaw, But Details Lacking

The U.S. dollar and Chinese yuan remained largely unchanged on Wednesday following the conclusion of trade negotiations in London. While both nations hinted at...

Tesla Set to Launch Robotaxi Service in Austin This Month

Tesla (NASDAQ:TSLA) is preparing to launch its long-awaited robotaxi service in Austin, Texas, with a tentative start date of June 22, according to CEO...

Crypto Fund Assets Hit All-Time High as Bitcoin Becomes a Global Hedge

Crypto Fund Assets Hit All-Time High as Bitcoin Becomes a Global Hedge   Crypto funds saw record inflows in May, highlighting a shift in global investor...

JPMorgan Recommends Selling Tesla, Rotating Into Value-Rich Auto Parts Suppliers

JPMorgan analysts issued a new call on Tuesday urging investors to sell Tesla (NASDAQ:TSLA) and reallocate capital into auto parts suppliers Aptiv (NYSE:APTV) and...

Asian Markets Edge Higher on U.S.-China Trade Optimism; Tech Stocks Lead Gains

Asian equities advanced on Wednesday, led by Chinese markets, as optimism over a preliminary trade framework between the U.S. and China boosted sentiment across...

GameStop’s Q1 Revenue Slump Highlights Digital Pivot Challenges

Sales Slide as Consumers Favor Downloads GameStop (NYSE:?GME) reported a 32% drop in hardware and accessories revenue in Q1, driven by: Shift to digital: Gamers increasingly...

Wells?Fargo Sees Flat to Declining Consumer Loan Growth in 2025

CFO Forecast: “Muted” Consumer Lending Ahead Wells?Fargo CFO Mike Santomassimo told investors this week that U.S. consumer loan growth is likely to remain muted —...
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