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Business

Cweb Business News Intel’s Panther Lake Emerges as Pivotal U.S.-Made AI PC Contender

In a significant stride for American semiconductor manufacturing, Intel has officially unveiled its next-generation Panther Lake architecture. This groundbreaking platform is not only the...

CWEB Business News IRS Unveils Sweeping 2026 Tax Code Adjustments, Impacting Incomes, Estates, and Family Credits

The Internal Revenue Service has announced its comprehensive inflation-adjusted tax provisions for the 2026 filing year, signaling significant changes for American taxpayers. These annual...

Tariff Fears May Be Overblown: BofA Reaffirms Buy on Jazz Pharmaceuticals

Bank of America Securities is holding firm on its bullish stance for Jazz Pharmaceuticals (NASDAQ:JAZZ), reiterating a Buy rating and maintaining its $213 price...

Oklo Started With Neutral Rating at BTIG, Shares Up Slightly

BTIG initiated coverage on Oklo (NYSE:OKLO) with a Neutral rating, citing the company’s innovative but early-stage efforts to reshape the nuclear energy landscape. The...

Verizon Becomes Top Wireless Pick at Evercore, Rating Raised to Outperform

Verizon Communications (NYSE:VZ) shares rose more than 1% pre-market today after Evercore ISI upgraded the company to Outperform, raising its price target to $48...

BNY Mellon Tops Q1 Estimates on Broad-Based Strength and Platform Strategy

Bank of New York Mellon (NYSE:BK) kicked off the year with first-quarter results that surpassed Wall Street expectations, buoyed by strong performance across its...

Morgan Stanley Smashes Q1 Estimates on Trading Surge, ROE Soars to 20 percent

Morgan Stanley (NYSE:MS) delivered a blowout first quarter, with profits and revenue exceeding analyst projections, fueled by a standout performance in its equities trading...

Morgan Stanley’s Strong Financial Performance in Q1 2025

Earnings per share of $2.60, surpassing the estimated $2.21. Revenue reached $17.74 billion, exceeding the estimated $16.54 billion. A 45% surge in equity trading contributed to...

Fastenal Company (NASDAQ: FAST) Earnings Preview and Financial Health Analysis

Fastenal Company (NASDAQ: FAST) Earnings Preview and Financial Health Analysis Fastenal Company (NASDAQ: FAST) is a leading distributor of industrial and construction supplies, known for...

Neogen Corporation’s Insider Purchase and Financial Challenges

John Patrick Moylan, the Chief Accounting Officer of Neogen Corporation (NASDAQ:NEOG), purchased 10,000 shares, indicating insider confidence. NEOG reported earnings of $0.10 per share for...

The Lovesac Company (NASDAQ:LOVE) Surpasses Earnings and Revenue Estimates

Lovesac reported an EPS of $2.13, beating the estimated $1.80. The company achieved a revenue of approximately $241.49 million, significantly exceeding the estimated $138.60 million. Lovesac's...

Byrna Technologies Inc. (NASDAQ:BYRN) Surpasses Earnings Expectations with Strong Financial Performance

Byrna Technologies Inc. (NASDAQ:BYRN) reported earnings per share of $0.06, significantly beating the estimated $0.02. The company's revenue reached approximately $26.19 million, a 57% year-over-year...

Tesco PLC Faces Competitive Market Despite Meeting Earnings Expectations

Tesco PLC (PNK:TSCDY) reported an earnings per share (EPS) of $0.44 and revenue of approximately $43.1 billion, matching estimated figures. The company's shares fell by 6.6%...

SkyWest, Inc. (NASDAQ: SKYW) Shows Promising Growth Potential

SkyWest, Inc. (NASDAQ: SKYW) has experienced a monthly gain of approximately 1.83%, indicating positive momentum despite a recent dip of about 4.79% in the...

Wells Fargo & Company (NYSE:WFC) Analysts Show Increased Optimism

Analysts have raised the average price target for Wells Fargo & Company (NYSE:WFC) to $79, indicating a positive outlook and expectations of growth. Despite a...

Booking Holdings Inc. (NASDAQ:BKNG) Shows Promising Growth and Financial Health

Booking Holdings Inc. (NASDAQ:BKNG) has experienced a modest gain of 1.23% in the past 30 days, showcasing steady market resilience. The company's estimated stock price...

JPMorgan Chase & Co. (NYSE:JPM) Financial Overview and Outlook

JPMorgan's consensus price target has increased, reflecting analyst confidence, but faces a cautious outlook from Wells Fargo. Expected flat earnings growth and a slight revenue...

Citi Reaffirms Buy on Workiva, Calls ESG-Fueled Selloff a Buying Opportunity

Citi stands by its bullish view on Workiva (NYSE:WK), reiterating a Buy rating and maintaining a $130 price target, naming it a top pick...

Brookfield Asset Management’s Rating Boosted to Buy at BofA

Bank of America Securities raised its rating on Brookfield Asset Management (NYSE:BAM) from Neutral to Buy, setting a new price target of $65. The...

BofA Lowers CBOE to Neutral, Citing Volume Concerns and Slower Growth Ahead

Bank of America Securities downgraded CBOE Holdings (NYSE:CBOE) from Buy to Neutral, trimming its price target to $227 from $260, as the firm anticipates...

Raymond James Starts Apollo Global With Strong Buy, Sees Opportunity in Pullback

Raymond James started coverage on Apollo Global Management (NYSE:APO) with a Strong Buy rating and a $173 price target, highlighting the recent decline in...

Goldman Sachs Downgrades Ford, Shares Down 3 percent

Goldman Sachs pulled back its bullish stance on Ford (NYSE:F), downgrading the stock from Buy to Neutral and lowering the price target to $9...

Goldman Sachs Turns Bullish on BorgWarner, Cites China Strength and Tariff Resilience

Goldman Sachs upgraded BorgWarner (NYSE:BWA) to a Buy rating from Neutral, raising its price target to $34 from $31, pointing to the company's relative...

Exclusive: CWEB News Reveals UK’s Historic Universal Studios Deal to Launch Europe’s Largest Theme Park in Bedford

  Universal Studios UK to Launch Mega Theme Park in Bedford — CWEB News Exclusive As reported by CWEB News, In a landmark deal poised to...

Barrick Gold Corporation (NYSE: GOLD) Performance and Growth Prospects

Resilience in Market Fluctuations: GOLD has demonstrated resilience with a 30-day gain of approximately 1.65%, showcasing its ability to withstand market fluctuations. Strategic Entry Point:...

Ruanyun Edai Technology Inc. (NASDAQ:RYET) IPO Reflects Strong Market Reception

Ruanyun Edai Technology Inc. (NASDAQ:RYET) is a leading AI-driven education technology company based in Nanchang, China. The company focuses on providing innovative solutions for...

The Simply Good Foods Company (NASDAQ:SMPL) Showcases Strong Q2 Earnings

The Simply Good Foods Company (NASDAQ:SMPL), a prominent player in the health and wellness food sector, reported its Q2 earnings on April 9, 2025,...

Comparing Financial Metrics: Jefferies Financial Group Inc. and Peers

Jefferies Financial Group Inc. (NYSE:JEF) is a diversified financial services company that operates in investment banking, capital markets, and asset management. It competes with...

CarMax, Inc. (NYSE:KMX) Fiscal Fourth-Quarter Earnings Overview

CarMax reported an EPS of $0.58, missing the estimated $0.63 but achieved revenue of $6.003 billion, surpassing expectations. The company's stock rose by 8.87% year-over-year,...

Trex Faces Growth Headwinds as Contractor Survey Signals Slower Decking Activity

DA Davidson maintained a Neutral rating on Trex Company (NYSE:TREX) while trimming its price target from $74 to $60, citing signs of a cooling...

Trip.com Reiterated as Bernstein’s Top Pick Despite Macro Fears

Bernstein SocGen Group reaffirmed its Outperform rating on Trip.com (NASDAQ:TCOM), maintaining a $75 price target and naming it the firm’s top pick within its...

Evercore Downgrades Health Catalyst to In Line, Shares Drop 4 percent

Evercore ISI downgraded Health Catalyst (NASDAQ:HCAT) from Outperform to In Line and lowered its price target from $6.00 to $4.00, citing rising uncertainties around...

Monness Downgrades Fiserv to Sell: Clover’s Growth Outlook Called Into Question

Monness, Crespi, Hardt shifted its stance on Fiserv (NYSE:FI), downgrading the stock from Neutral to Sell and assigning a $145 price target. The downgrade...

Tariff Troubles Ahead: Bernstein Cuts Ford to Underperform

Ford Motor (NYSE:F) was hit with a downgrade by Bernstein SocGen Group, which adjusted its rating on the stock from Market Perform to Underperform...

U.S. Tariff Pause Ignites Market Rally; Tech and Auto Stocks Rebound

Market Reacts Positively to Tariff Adjustments The U.S. stock market surged on Wednesday after President Donald Trump announced a 90-day pause on reciprocal tariffs for...

U.S. Tariff Pause Ignites Market Rally; China Faces 125 percent Rate Amid Trade Disputes

Reciprocal Tariffs Paused for Most Countries, Not for China In a midday announcement posted to Truth Social, U.S. President Donald Trump declared a 90-day pause...

U.S.-China Tariff Tensions Escalate as Trump Raises Duties to 125 percent

Sharp Increase in Tariff Rates on Chinese Goods In a major policy shift announced on Truth Social, U.S. President Donald Trump has increased tariffs on...

Tesla Reenters Spotlight as Benchmark Adds Stock to “Best Ideas” List

Stock Pullback Sparks Fresh Bullish View Tesla (NASDAQ: TSLA) has made a return to Benchmark's "Best Ideas" list, despite a notable downturn in its stock...

Fed Watch: Treasury Market Turmoil Signals Possible Intervention

Rising Treasury Yields Reflect Mounting Stress The U.S. Treasury market, long regarded as a safe haven, is showing signs of deepening volatility. Analysts at Jefferies...

U.S. Tariff Pause Offers Limited Relief as Effective Rates Remain Elevated

The United States has announced a 90-day pause on newly announced reciprocal tariffs, which, on the surface, signals a temporary softening of trade tensions....

Stocks Rebound with Record Gains After Tariff Pause

Just days after enduring their worst stretch in years, major U.S. stock indexes rebounded on Wednesday—registering some of the best one-day gains of the...

Alphabet Reaffirms $75 Billion AI Investment Despite Tariff Concerns

Alphabet Inc. (NASDAQ: GOOGL) reaffirmed its $75 billion capital expenditure plan for this year, underscoring its commitment to expanding data center capacity and scaling...

Safe Haven Currencies Rally as Trump Escalates Trade War With China

Traders moved aggressively back into traditional safe havens on Thursday as U.S. President Donald Trump sharply escalated his trade offensive against China—even while temporarily...

Oil Prices Ease as U.S.-China Tariff Clash Escalates

Oil prices retreated in Asian trading on Thursday as market sentiment was dampened by a flare-up in U.S.-China trade tensions. This comes despite President...

Gold Surges as U.S.-China Tariffs Spark Flight to Safety; Dollar Weakens

Gold prices jumped in Asian trading on Wednesday as investors sought safety following a sharp escalation in U.S.-China trade tensions. A weaker dollar further...

Apple Faces Up to 90 percent Cost Surge if iPhone Assembly Moves to U.S., Says BofA

Apple Inc. (NASDAQ:AAPL) could see production costs spike sharply if it shifts iPhone assembly to the United States, according to a research note by...

TSMC Revenue Soars 46.5 percent in March on AI Chip Demand, Shares Hit Daily Limit

Taiwan Semiconductor Manufacturing Co (TW:2330) posted a sharp jump in March revenue, buoyed by rising global demand for advanced chips and AI applications. The...

Bitcoin Rises 7 percent on Trump’s Tariff Delay — Gains Trail Equities Amid China Trade Tensions

Bitcoin rebounded on Thursday, rising 7% to $82,146.2 by 01:56 ET (05:56 GMT), tracking a broad rally in global markets after former U.S. President...

Asian Stocks Surge After Trump’s 90-Day Tariff Pause — China Excluded

Asian markets rallied sharply on Thursday, tracking strong overnight gains on Wall Street after former U.S. President Donald Trump announced a 90-day suspension of...

Melius Research and CWEB Analysts: Walmart’s Grocery Dominance Sparks Kroger Downgrade to Sell

Kroger (NYSE: KR) Downgraded to Sell: Walmart (NYSE: WMT) Reinforces Dominance in U.S. Grocery Market In a significant move for retail investors, Melius Research has...
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