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Business

Is Meta Forming a New AI Lab and Planning a Paid Standalone Meta AI App? CWEB News Investigates

CWEB News Report – Meta shares edged up 1% on Tuesday amid reports that the tech giant is forming a new Artificial Intelligence (AI)...
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...
Business

Tesla Faces Major Headwinds as Dan Ives Cuts Price Target to $315

Business
Introduction Longtime Tesla bull Dan Ives of Wedbush has dramatically slashed his price target for Tesla (NASDAQ: TSLA) from $550 to $315. Ives attributes this...

Markets on Edge: Will History Repeat with a 1987-Style Crash?

Business
Key Takeaways Investor Nervousness:After last week’s unprecedented two-day sell-off post-tariffs, some fear we might see a repeat of the 1987 Black Monday crash, while others...

CWEB News Exclusive: Mega Millions Doubles Ticket Price to $5 – Bigger Jackpots, Better Odds to Attract Players

Business
Mega Millions Doubles Ticket Price to $5 – Bigger Jackpots, Better Odds to Attract Players By CWEB News Mega Millions is making a bold move by...

CWEB News: SpaceX, ULA, Blue Origin Secure $13.7 Billion in U.S. Military Launch Contracts Through 2029

Business
U.S. Department of Defense Awards $13.7 Billion in Launch Service Contracts By CWEB News Team The U.S. Department of Defense has awarded a landmark $13.7 billion...

UBS Trims Neurocrine Price Target to $137, Still Sees Upside Amid Biotech Volatility

Business
UBS maintained a Buy rating on Neurocrine Biosciences (NASDAQ:NBIX) but reduced its price target to $137 from $154, reflecting valuation adjustments in a turbulent...

Citi Cuts Nordstrom to Sell: Limited Upside, Major Downside Risk Amid Deal Uncertainty

Business
Citi downgraded Nordstrom (NYSE:JWN) from Neutral to Sell, citing an unfavorable risk/reward balance as shares hover near a potential buyout price but face sharp...

Verizon Ramps Up Consumer Focus with Price Lock and Free Phone Offers, UBS Stays Neutral

Business
UBS is holding steady with its Neutral rating on Verizon Communications (NYSE:VZ) and maintains a $45 price target, following the telecom giant’s launch of...

Johnson & Johnson Faces Pressure to Deliver After Talc Setback, But Long-Term Growth Still Intact

Business
UBS reaffirmed its Buy rating on Johnson & Johnson (NYSE:JNJ) and maintained a $180 price target, but highlighted short-term volatility risks following the latest...

Genuine Parts Gets an Upgrade: Resilient Business, Tariff Tailwinds, and Share Gain Potential

Business
Evercore ISI upgraded Genuine Parts Company (NYSE:GPC) from In Line to Outperform, setting a new price target of $135, citing the stock's stability in...

Merit Medical Plunges 10 percent as China Tariffs Spotlight Exposure Risk

Business
Shares of Merit Medical Systems (NASDAQ:MMSI) dropped over 10% intra-day today after China unveiled a 34% tariff on imported goods in response to the...

Disney CEO Bob Iger says mission is to entertain, CWEB News reports

Business
CWEB News – Disney CEO Bob Iger Overcomes Proxy Battle Disney CEO Bob Iger secured a decisive vote of confidence from shareholders this week, overcoming...

Lindsay Corporation’s Strong Financial Performance

Business
Lindsay Corporation (NYSE:LNN), a key player in the manufacturing sector, particularly in farm equipment, has showcased a remarkable financial performance in its recent earnings...

MSC Industrial Direct Co., Inc. (NYSE:MSM) Fiscal Q2 Earnings Overview

Business
MSC Industrial Direct Co., Inc. (NYSE:MSM) reported an EPS of $0.72, surpassing the Zacks Consensus Estimate. Revenue for the quarter was $891.7 million, missing the...

Lamb Weston Holdings, Inc. (NYSE: LW) Earnings Report Highlights

Business
Earnings Per Share (EPS) of $1.10, surpassing the Zacks Consensus Estimate by 26.44%. Revenue reached approximately $1.52 billion, slightly below the forecast but marking an...

Adverum Biotechnologies Faces Investigation and Financial Restatements

Business
Adverum Biotechnologies, Inc. (NASDAQ:ADVM) is under investigation by Pomerantz LLP for potential securities fraud following the announcement of restating financials due to non-cash errors. Despite...

Guess?, Inc. (NYSE: GES) Surpasses Financial Expectations with Strong Earnings and Revenue Growth

Business
Guess?, Inc. (NYSE: GES) reported earnings per share of $1.48, beating estimates and showcasing strong market performance. The company achieved a revenue of approximately $932.3...

Lifecore Biomedical, Inc. (NASDAQ:LFCR) Faces Financial Challenges Despite Strategic Initiatives

Business
Lifecore Biomedical reported an EPS of -$0.47, missing the estimated EPS by a significant margin. The company's revenue was $35.15 million, falling short of the...

Dollarama Inc. (PNK:DLMAF) Surpasses Q4 Earnings and Revenue Estimates

Business
Earnings per share of $0.963, beating the estimated $0.901. Revenue reached approximately $1.29 billion, surpassing the estimated $1.06 billion. Comparable store sales grew by 4.9% in...

The Greenbrier Companies, Inc. (NYSE: GBX) Q2 Fiscal 2025 Earnings Preview

Business
Earnings Expectations: Analysts predict an EPS of $1.78 and revenue of approximately $898.5 million for Q2 fiscal 2025. Challenges Ahead: Economic volatility, tariff-related uncertainties, and...

APA Corporation’s Director Buys Shares Amidst Stock Challenges

Business
Insight into APA Corporation's Recent Stock Purchase and Market Performance On April 3, 2025, Joung Chansoo, a director at NASDAQ:APA, purchased 75,000 shares of APA...

UBS Sticks to Bullish View on CME Group, Shares Up 3 percent

Business
UBS is holding firm on its Buy rating for CME Group (NASDAQ:CME), maintaining a $290 price target as strong trading activity and favorable macro...

UBS Doubles Down on Kohl’s Sell Rating, Sees Long Road Ahead Despite New Initiatives

Business
UBS has reaffirmed its Sell rating on Kohl’s (NYSE:KSS) and maintained a $5.00 price target, signaling continued skepticism about the retailer’s turnaround efforts. The...

Eastman Chemical Upgraded to Outperform on Strong U.S. Exposure and Improving Earnings Outlook

Business
Mizuho raised its rating on Eastman Chemical (NYSE:EMN) from Neutral to Outperform, assigning a new price target of $105, suggesting an upside potential of...

Citi Upgrades BJ’s Wholesale to Buy, Shares Rise 2 percent

Business
BJ's Wholesale Club (NYSE:BJ) received a bullish upgrade from Citi analysts, who raised the stock from Neutral to Buy and increased the price target...

NVIDIA Faces Headwinds on GPU Pricing, HSBC Downgrades to Hold

Business
NVIDIA (NASDAQ:NVDA) saw its rating lowered from Buy to Hold by HSBC analysts, who also reduced the price target to $120 from $175, citing...

Apple Tariffs Could Hit Profits Hard, Price Hikes Likely Ahead, Says Raymond James

Business
Raymond James reiterated its Outperform rating and $250 price target on Apple (NASDAQ:AAPL), but warned that looming reciprocal tariffs could significantly impact the tech...

Lamb Weston Holdings, Inc. (NYSE:LW) Faces Financial Challenges Amid Market Pressures

Business
The consensus price target for Lamb Weston Holdings, Inc. (NYSE:LW) has significantly declined, indicating a conservative outlook from analysts. Despite market challenges, Wells Fargo analyst...

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Faces Scrutiny Amid Insider Confidence

Business
Leonard Braden Michael, a significant shareholder, purchased 15,209 shares, increasing his stake to 2,757,526 shares, indicating confidence in Adverum's potential. Adverum is under investigation by...

UniFirst Corporation (NYSE: UNF) Earnings Overview

Business
UniFirst Corporation (NYSE: UNF) reported an EPS of $1.32, slightly above the estimated $1.31, continuing its trend of surpassing earnings expectations. The company's revenue of...

Nanobiotix’s Financial and Developmental Update: A Glimpse into the Future

Business
Earnings per share (EPS) of -$0.58, aligning with estimates, reflecting ongoing financial challenges. Revenue reported at approximately $3.55 million, slightly below expectations, amidst a negative...

Tilray Brands, Inc. (NASDAQ:TLRY) Quarterly Earnings Insight

Business
Earnings per Share (EPS) loss of $0.04 anticipated, with revenue expected to be around $210.9 million. Negative Price-to-Earnings (P/E) ratio of -2.26, indicating challenges in...

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) Faces Financial Challenges Ahead of Earnings Report

Business
Dave & Buster's is expected to report a significant decline in earnings per share (EPS) and revenue for the fourth quarter. Several factors, including a...

Red Cat Holdings, Inc. (NASDAQ:RCAT) Earnings Preview and Growth Prospects

Business
Red Cat Holdings, Inc. (NASDAQ:RCAT) is expected to report quarterly earnings with an EPS of -$0.10 and projected revenue of $2.4 million. The company's revenue...

Microvast Holdings, Inc. (NASDAQ:MVST) Achieves Impressive Financial Milestones

Business
Microvast Holdings, Inc. (NASDAQ:MVST) has emerged as a significant contender in the lithium-ion battery manufacturing sector, demonstrating remarkable financial performance and investor confidence. Here are...

ClearSign Technologies Corporation’s Financial Performance and Market Position

Business
ClearSign Technologies Corporation (NASDAQ:CLIR) reported an EPS of -$0.02, beating the estimated EPS of -$0.03, indicating a slight improvement in profitability expectations. The company's revenue...

Trane Technologies plc (NYSE:TT): A Sustainable Investment with Growth Potential

Business
Trane Technologies has a robust stock price growth potential of 20.31%, indicating significant upside for investors. The company's Piotroski Score of 8 highlights its strong...

Franklin Covey Co. (NYSE:FC) Showcases Impressive Financial Metrics

Business
Franklin Covey Co. (NYSE:FC) is a global company specializing in organizational performance improvement. It offers training and consulting services to help businesses enhance productivity...

Lexaria Bioscience Corp. (NASDAQ:LEXX) Earnings Preview and Financial Analysis

Business
Lexaria Bioscience Corp. (NASDAQ:LEXX) is set to release its quarterly earnings with an estimated EPS of -$0.16 and projected revenue of $137,000. The company is...

ConAgra Brands Inc. (NYSE:CAG) Earnings Report Highlights

Business
ConAgra Brands Inc. (NYSE:CAG) reported an EPS of $0.51, missing estimates by $0.01 and marking a decline from the previous year's $0.69. Revenue reached $2.84...

RPM International Inc. (NYSE:RPM) Quarterly Earnings Overview

Business
Analysts expect RPM International Inc. (NYSE:RPM) to report an earnings per share (EPS) of $0.52, indicating stability in performance. Projected revenue for the quarter is...

Acuity Brands, Inc. (NYSE:AYI) Surpasses Earnings Expectations

Business
Acuity Brands, Inc. (NYSE:AYI) reported an EPS of $3.73, exceeding the estimated $3.66. Revenue reached $1.006 billion, indicating an 11.1% year-over-year growth despite falling short...

UBS Downgrades Reinsurance Group of America to Neutral on Execution Risks and Fully Priced Growth Outlook

Business
UBS downgraded Reinsurance Group of America (NYSE:RGA) from Buy to Neutral, setting a price target of $216. The downgrade reflects growing concerns that short-term...

TD Cowen Downgrades ESS Tech to Hold, Stock Drops 6 percent

Business
ESS Tech (NYSE:GWH) shares dropped more than 6% intra-day today after TD Cowen downgraded the company from Buy to Hold, with analysts slashing the...

UBS Sees Upside for Ulta Beauty as Market Pressures Ease

Business
UBS maintained its Buy rating and $490 price target on Ulta Beauty (NASDAQ:ULTA), citing signs of stabilization in the retailer’s market position and improved...

Clear Street Starts Coverage on MicroStrategy with Buy Rating, Sees Unique Bitcoin Upside

Business
Clear Street initiated coverage on MicroStrategy (NASDAQ:MSTR) with a Buy rating and a $422 price target, highlighting the company’s distinct approach to leveraged Bitcoin...

Truist Upgrades Scotts Miracle-Gro to Buy, Shares Gain 4 percent

Business
Scotts Miracle-Gro (NYSE:SMG) shares rose around 4% intra-day today after Truist Securities upgraded the company from Hold to Buy, maintaining a $70 price target,...

Meta’s Smart Glasses Ambitions Could Reshape Its Future; BofA Reiterates Buy

Business
Bank of America is maintaining a Buy rating and $765 price target on Meta Platforms (NASDAQ:META) as the company reportedly gears up to introduce...

Franklin Covey Co. (NYSE: FC) Earnings Report Highlights

Business
Franklin Covey Co. (NYSE:FC) reported an earnings per share (EPS) of -$0.082, surpassing the estimated EPS of -$0.11, marking an earnings surprise of 27.27%. The...
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