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Business

GameStop Makes Surprise $55.5 Billion Unsolicited Bid for eBay in Bold Cash-and-Stock Deal

GameStop's audacious takeover attempt of eBay signals a dramatic reinvention strategy for the struggling brick-and-mortar gaming retailer. eBay's board has confirmed it received the unexpected...
Business

Apple exceeds quarterly estimates with $2.01 earnings per share CWEB Business News

Apple crushes Wall Street expectations as China revenue surges and Tim Cook prepares historic CEO transition. Apple's Greater China revenue surged past analyst forecasts to...
Business

Baxter International Inc. (NYSE:BAX) Surpasses Wall Street Expectations

Business
Baxter International Inc. (NYSE:BAX) reported a strong first quarter in 2025, with earnings per share (EPS) of $0.62 and revenue of approximately $2.63 billion. Despite these...

Endeavour Mining PLC (PNK:EDVMF) Surpasses Earnings Expectations

Business
Endeavour Mining PLC, trading under the symbol EDVMF on the PNK exchange, reported earnings per share of $0.90, exceeding estimates. The company produced 341,000 ounces...

Microsoft Corporation’s (NASDAQ: MSFT) Impressive Q3 Fiscal 2025 Results

Business
Microsoft's third-quarter fiscal 2025 results have exceeded expectations, driven by strong performance in its AI business and increased adoption of Copilot. The company's Azure cloud...

KLA Beats Q3 Estimates, Hikes Dividend, But Cautious Q4 Outlook Weighs on Shares

Business
KLA Corporation (NASDAQ:KLAC) reported strong third-quarter results that exceeded expectations on both earnings and revenue, but shares dipped more than 2% intra-day today as...

Truist Upgrades ServiceNow to Buy on AI-Driven Growth and IT Stack Consolidation

Business
Truist Securities upgraded ServiceNow (NYSE:NOW) to Buy from Hold and raised its price target to $1,200 from $950, citing the company’s growing strategic role...

Qualcomm Beats Q2 Expectations but Cautious Outlook Pushes Stock Down 8 percent

Business
QUALCOMM (NASDAQ:QCOM) delivered better-than-expected second-quarter results, but a tepid forecast for the current quarter overshadowed the beat, sending shares down over 8% intra-day today. The...

MGM Resorts Tops Q1 Earnings as BetMGM Turns Profitable

Business
MGM Resorts International (NYSE:MGM) reported stronger-than-expected first-quarter earnings, fueled by improved profitability and a solid performance from its BetMGM venture. The company posted adjusted earnings...

Albemarle Beats Q1 Earnings Expectations Despite Lithium-Driven Revenue Drop

Business
Albemarle Corporation (NYSE:ALB) reported first-quarter results that exceeded earnings expectations despite a sharp revenue decline, as resilience in its Specialties and Ketjen businesses helped...

Hubbell Incorporated (NYSE:HUBB) Earnings Report Highlights

Business
Hubbell Incorporated (NYSE:HUBB) reported a profit of $3.50 per share, missing the estimated $3.73 per share. Revenue for the quarter was $1.37 billion, slightly below...

Robinhood Posts Strong Q1 Beat with Record Deposits, But Shares Dip 2 percent

Business
Robinhood Markets (NASDAQ:HOOD) reported first-quarter results that exceeded Wall Street expectations, but shares slipped 2% intra-day today as investor enthusiasm failed to match the...

Anheuser-Busch InBev SA/NV’s Commitment to Disaster Relief and Financial Health

Business
Anheuser-Busch InBev SA/NV (NYSE:BUD) has produced its 100 millionth can of emergency drinking water for disaster-affected communities, highlighting its commitment to disaster relief. The company...

Gannett Co., Inc. (NYSE:GCI) Earnings Report Highlights

Business
Gannett Co., Inc. (NYSE:GCI) reported Q1 2025 revenue of $571.6 million, missing estimates. The company's price-to-earnings (P/E) ratio stands at 8.70, indicating a moderate market...

Walmart (NYSE:WMT) Upgraded by Oppenheimer to “Outperform”

Business
On May 1, 2025, Oppenheimer upgraded Walmart (NYSE:WMT) to "Outperform," with the stock priced at $97.23. This update comes as Walmart is making significant...

AIG Tops Q1 Earnings Forecast as Commercial Growth Offsets Wildfire Losses

Business
American International Group (NYSE:AIG) posted stronger-than-expected first-quarter earnings, supported by robust growth in its commercial insurance segment, which helped counter heavy catastrophe losses from...

Airbnb Beats on Q1 Earnings, But Soft Outlook Sends Shares 4 percent Lower

Business
Airbnb (NASDAQ:ABNB) delivered better-than-expected first-quarter earnings, but shares fell more than 4% in pre-market today after the company’s second-quarter revenue guidance came in just...

Atlassian Stock Plunges 16 percent Despite Q3 Beat as Disappointing Outlook Rattles Investors

Business
Atlassian Corporation (NASDAQ:TEAM) reported third-quarter results that exceeded expectations on both earnings and revenue, but shares plunged over 16% in pre-market trading as the...

Instacart Posts Q1 Earnings Beat on Soaring Orders and Ad Revenue

Business
Instacart (NASDAQ:CART) delivered a strong first-quarter performance that topped analyst expectations, fueled by robust order growth and rising advertising revenue. The grocery delivery platform reported...

Live Nation Sees Strong Revenue and Demand Despite Q1 Earnings Miss

Business
Live Nation Entertainment (NYSE:LYV) posted mixed first-quarter results, with earnings missing expectations but revenue rising sharply year-over-year, supported by strong consumer demand across its...

Reddit Soars 6 percent on Blowout Q1 Earnings and Bullish Ad Outlook

Business
Reddit (NYSE:RDDT) shares surged over 6% in pre-market today after the company posted first-quarter earnings and revenue that far exceeded analyst expectations, boosted by...

Airbus SE (EADSY) Earnings Miss Expectations

Business
Airbus SE, trading under the symbol EADSY on the PNK exchange, is a leading player in the aerospace industry. The company is known for...

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Quarterly Earnings Preview

Business
Wall Street analysts estimate an earnings per share (EPS) of $0.02 and projected revenue of approximately $1.43 billion for the upcoming quarterly earnings. AXL's financial...

Sandstorm Gold Ltd. (NYSE:SAND) Earnings Miss and Stock Performance

Business
Sandstorm Gold Ltd. (NYSE:SAND) reported earnings per share (EPS) of $0.04, missing the Zacks Consensus Estimate of $0.05. Revenue was reported at $50.1 million, significantly...

Franklin Resources, Inc. (NYSE: BEN) Quarterly Earnings Preview

Business
Franklin Resources, Inc. (NYSE:BEN) is set to release its quarterly earnings with an estimated EPS of $0.47 and projected revenue of $2.44 billion. Analysts predict...

fuboTV Inc. (NYSE:FUBO) Earnings Preview and Financial Challenges

Business
fuboTV Inc. (NYSE:FUBO) anticipates an earnings per share (EPS) of -$0.04 and revenue of approximately $415.5 million for its upcoming quarterly earnings. The company has...

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

Business
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...

Westlake Corporation’s (NYSE: WLK) Earnings Outlook and Financial Health

Business
Westlake Corporation (NYSE:WLK) is set to release its quarterly earnings with an EPS estimate of $0.70 and projected revenue of $2.93 billion. The market anticipates...

AAON, Inc. (NASDAQ:AAON) Leads in HVAC Innovation and Profitability

Business
AAON, Inc. (NASDAQ:AAON) Surpasses Earnings Expectations with Innovative HVAC Solutions AAON, Inc. (NASDAQ:AAON) stands out in the HVAC industry for its energy-efficient solutions, competing with...

Endeavour Mining PLC Quarterly Earnings Overview

Business
Earnings per share expected to be $0.66 with projected revenue of $1.25 billion. Record free cash flow of $409 million, demonstrating strong cash generation capabilities. Commitment...

Eli Lilly and Company (NYSE:LLY) Earnings Preview and Stock Analysis

Business
Eli Lilly is expected to report a significant increase in earnings and revenue for the first quarter of 2025. The ACHIEVE-1 trial results for orforglipron...

DuPont de Nemours, Inc. (NYSE: DD) Faces Adjusted Analyst Expectations Amid Industry Challenges

Business
The consensus price target for DuPont de Nemours, Inc. (NYSE: DD) has decreased from $96.9 to $90, reflecting a 7.1% decline. Market conditions, strategic initiatives,...

GoDaddy Inc. (NYSE:GDDY) Analysts Show Increased Confidence Despite Earnings Miss

Business
GoDaddy's average price target has risen from $188.45 to $206, indicating a 9.3% increase and reflecting analyst optimism. Despite a recent earnings miss, with a...

KKR & Co. Inc. (NYSE:KKR) Investment Insights

Business
The consensus price target for KKR & Co. Inc. (NYSE:KKR) has decreased from $135.46 to $119 over the past year, indicating potential concerns over market...

Wendy’s Co (NASDAQ:WEN) Quarterly Earnings Preview

Business
Analysts predict an EPS of $0.20 and revenue of approximately $526.6 million for the upcoming earnings release. Notable activity in the options market indicates traders...

Herbalife Nutrition Ltd. (NYSE:HLF) Outperforms in Capital Efficiency

Business
Herbalife Nutrition Ltd. (NYSE:HLF) is a global nutrition company that develops and sells dietary supplements, weight management, sports nutrition, and personal-care products. The company...

Southern Company (NYSE:SO) Surpasses Earnings Expectations

Business
Earnings Per Share (EPS) of $1.23, surpassing the estimated EPS of $1.20. Reported net income for the first quarter of 2025 was $1.3 billion, an...

MicroStrategy Incorporated (NASDAQ:MSTR) Earnings Preview and Bitcoin Investment Strategy

Business
MicroStrategy Incorporated (NASDAQ:MSTR) is set to release its quarterly earnings with an anticipated EPS of approximately -$0.11 and projected revenue of $116.6 million. Despite a negative...

SRx Health Solutions Inc.: A New Era in Health and Wellness

Business
The company underwent a stock split and rebranding, transitioning from Better Choice Company (BTTR) to SRx Health Solutions Inc. (SRXH) on the NYSE American...

Fannie Mae’s Impressive First Quarter Earnings in 2025

Business
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

Business
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

Business
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

Business
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

Business
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

Business
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

Business
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

Business
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

Business
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

Business
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

Business
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...
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