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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...
Business

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...
Business

Amazon’s Expanding Ad Empire Keeps It Ahead of the Pack, Wedbush Maintains Outperform

Business
Wedbush reiterated its Outperform rating on Amazon.com (NASDAQ:AMZN) and maintained its $280 price target, highlighting the company's growing dominance in the digital advertising space. Amazon...

DraftKings Selloff Creates Long-Term Buying Opportunity, Says Needham

Business
Needham reaffirmed its Buy rating on DraftKings (NASDAQ:DKNG) with a $65 price target, despite trimming near-term estimates due to March Madness-related betting outcomes. The firm...

Wolfe Research Turns Bearish on Fox, Citing Weak DTC Outlook and Ad Headwinds

Business
Wolfe Research downgraded Fox (NASDAQ:FOXA) from Peer Perform to Underperform, setting a price target of $48, as concerns mount over the company’s long-term growth...

BMO Upgrades Saia, Shares Gain 3 percent

Business
Saia (NASDAQ:SAIA) shares rose more than 3% intra-day today after BMO Capital upgraded the company to Outperform from Market Perform, assigning a new price...

CWEB News: Apple (NASDAQ: AAPL) Secures Legal Victory Against UK Government’s Surveillance Demands

Business
  CWEB News – UK Government’s Surveillance Order Targeting Apple Overturned by Tribunal   CWEB News – The UK government’s effort to hide details of a surveillance...

CXApp Inc. vs. Borqs Technologies: A Comparative Analysis of Growth Potential

Business
CXApp Inc. (NASDAQ:CXAI) has a target price suggesting a growth potential of 42.32%, focusing on workplace experience solutions. Borqs Technologies, Inc. (NASDAQ:BRQS) shows a significantly...

Polestar Automotive Holding UK PLC Faces Financial Hurdles Amid EV Sector Growth

Business
Projected quarterly earnings for Polestar (NASDAQ:PSNY) show a loss, with an EPS of -$0.12 and revenue of $572.1 million. The impact of "Liberation Day" tariffs presents...

Sodexo S.A. (PNK:SDXAY) Surpasses Earnings Estimates and Shows Strong Financial Performance

Business
Sodexo reported earnings per share (EPS) of $0.668, beating the estimated $0.647, reflecting strong financial management. The company's revenue reached approximately $13.5 billion, with an...

Nurix Therapeutics, Inc. (NASDAQ:NRIX) Earnings Preview

Business
Earnings per Share (EPS) is predicted to be -$0.72, indicating an improvement from the previous year despite a negative value. The company's revenue is expected...

Toyota Plans to Expand EV Lineup to 15 Models by 2027 — Enterprise Value Under the Spotlight

Business
Toyota Motor Corporation (NYSE:TM), the world’s largest automaker by volume, is ramping up its electric vehicle (EV) ambitions, with plans to roll out 15...

Evercore ISI Slashes S&P 500 Target Amid Rising Stagflation Risks and Trade Uncertainty

Business
One of Wall Street’s most bullish strategists is hitting the brakes. Julian Emanuel of Evercore ISI, previously known for his outsized optimism on U.S. equities,...

Barclays Warns of Stagflation Shock Amid Trump’s Tariffs

Business
Barclays economist Jonathan Millar has revised his outlook on the U.S. economy, warning that President Trump’s sweeping tariff measures have delivered an unexpectedly strong...

Hong Kong and Chinese Stocks Plunge as Trade War Escalates

Business
Hong Kong and Chinese stocks dived on Monday after Beijing retaliated against U.S. tariffs by imposing its own trade levies, intensifying global market turmoil....

Trump Surrogates Defend Tariff Policy Amid Global Trade Tensions

Business
Surrogates for President Donald Trump took to the airwaves on Sunday to reassure the public about his tariff policies—even as markets continued to reel...

U.S. Stock Futures Plunge as Two-Day Selloff Persists After Tariff Shock

Business
U.S. stock futures opened sharply lower late Sunday, extending a two-day selloff that erased trillions in market value following President Trump’s sweeping tariff announcement...

Trump: Tariffs as “Medicine” Amid Global Market Carnage

Business
U.S. President Donald Trump warned on Sunday that foreign governments would have to pay “a lot of money” to lift his sweeping tariffs—measures he...

Asian Tech Suppliers Suffer Sharp Declines Amid Escalating U.S. Tariffs

Business
Shares of major Asian suppliers to Apple and NVIDIA experienced significant losses on Monday, as investors grappled with the fallout from President Trump’s sweeping...

Asian Markets Tumble Amid Trade War Fears: A Technical Analysis Perspective

Business
Asian markets experienced a sharp downturn on Monday as investor sentiment soured amid escalating trade tensions following President Trump’s sweeping tariff announcements. From Japan...

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...
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