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Business

CWEB Business News: Is LVMH in Talks to Sell Marc Jacobs? Analysts Weigh In on Billion-Dollar Deal

Paris, France – Louis Vuitton Moët Hennessy (LVMH), the world’s leading luxury conglomerate, is reportedly engaged in advanced discussions with multiple parties regarding the...
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:...
Business

Tariffs Threaten Apple, While AWS Revenue Growth Remains Back-End Loaded

Business
Introduction Recent analyst reports highlight two major themes affecting U.S. tech giants: the potential for tariffs to severely impact Apple’s cost structure and consumer demand,...

BofA Identifies Mispriced Opportunities in European Big Oil

Business
Introduction Bank of America (BofA) has recently spotlighted Shell, Equinor, and TotalEnergies as top picks among European oil majors. The bank’s latest note argues that...

Meta Unveils Llama 4 Scout and Maverick, Sets Sights on AI Supremacy

Business
Introduction Meta Platforms (NASDAQ:META) has officially launched Llama 4 Scout and Llama 4 Maverick, positioning them as its most advanced multimodal AI models to date....

Tariff Risks Could “Blow Up” Apple, While Amazon’s AWS Growth Remains Back-End Loaded

Business
Introduction Recent commentary from Wedbush analyst Dan Ives has raised serious concerns about the impact of new U.S. tariffs on Apple Inc. (NASDAQ:AAPL). Ives warned...

BofA Identifies Mispriced Opportunities in European Oil Majors

Business
Introduction Bank of America (BofA) has spotlighted Shell, Equinor, and TotalEnergies as top picks among European oil majors in its latest report. According to the...

Wedbush Slashes Apple’s Price Target to $250 Amid Tariff Fears

Business
Introduction Wedbush analyst Daniel Ives has dramatically lowered the price target for Apple (NASDAQ: AAPL) from $325 to $250. Ives warns that the current U.S....

Japanese Equities Tumble Amid Tariff Fears and Recession Worries

Business
Introduction Japan’s stock markets are reeling from renewed global trade tensions and recession fears. On Monday, the Nikkei 225 plunged nearly 9% early in the...

U.S. Tech at Risk: Tariff Policies Could Set Silicon Valley Back by a Decade, Warns Dan Ives

Business
Introduction Wedbush tech analyst Dan Ives has issued a stark warning that the proposed tariffs on Chinese and Taiwanese imports could set the U.S. technology...

Crypto Concerns Ahead of “Black Monday”? What’s on the Minds of Crypto Enthusiasts This Weekend

Business
Introduction While many might expect weekend plans to involve relaxing or planning a summer vacation, the crypto community is buzzing with anxiety. On Sunday, April...

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...
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