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CWEB Business News Massive Data Extortion Campaign Targets Salesforce Clients, Threatens Unprecedented Breach

A dangerous cybercriminal collective, infamous for a string of high-profile attacks, is now threatening to expose nearly one billion records allegedly stolen from major...

Business October 7, 2025

CWEB Business News Tesla Accelerates Mass Market Push with New Model Y Variant and “Sentient” AI Update

Tesla (TSLA) is poised to announce a more accessible version of its top-selling Model Y SUV today; a strategic move aimed at reigniting consumer...

Business October 7, 2025

TD Cowen Maintains Buy on Johnson & Johnson Despite Talc Settlement Setback

Business April 2, 2025

TD Cowen reaffirmed its Buy rating and $185 price target on Johnson & Johnson (NYSE:JNJ) following news that a federal judge rejected the company's...

Jaguar Mining Inc. Financial Performance and Outlook

Business April 1, 2025

Earnings per share of $0.09 fell short of the estimated $0.12 due to a slump of material at the dry-stack facility. Revenue of approximately $43.31...

Gold Prices Surge: UBS Forecasts Up to $3,500/oz Amid Global Uncertainty

Business April 1, 2025

Introduction Gold prices have surged in March, surpassing $3,100 per ounce—a nearly 10% increase for the month and a 19% rise year-to-date. This impressive rally...

Goldman Sachs Cuts STOXX 600 Outlook Amid Trade and Growth Concerns

Business April 1, 2025

Goldman Sachs has lowered its 12-month forecast for Europe’s STOXX 600 index, citing weaker economic growth, higher tariffs, and global trade disruptions. Key Forecast Revisions ?...

Bitcoin Rebounds After Q1 Selloff; Trump’s Crypto Moves in Focus

Business April 1, 2025

Bitcoin Recovers Amid Broader Market Rebound Bitcoin (BTC) edged 1.3% higher on Tuesday, trading at $83,210.9, tracking a recovery in global markets after a bruising...

S&P 500’s April Rebound? Historical Trends Suggest a Market Recovery

Business April 1, 2025

March Selloff Sets the Stage for a Potential April Rally The S&P 500 (SPX) is on track to close March with a 6% decline, marking...

S&P 500 Gains, But Q1 Ends in the Red as Trump’s ‘Liberation Day’ Tariffs Loom

Business April 1, 2025

Market Recap: S&P 500 Ends Q1 Lower Amid Trade Uncertainty The S&P 500 closed higher on Monday, recovering from six-month lows, but the index still...

HSBC: Three Key Scenarios That Could Push Gold Higher

Business April 1, 2025

Introduction HSBC analysts foresee multiple catalysts that could drive gold prices higher, particularly amid a U.S.-driven market correction. The bank highlights economic concerns, stagflation risks,...

Asian Stocks Rebound as Markets Brace for U.S. Tariffs; RBA Holds Rates Steady

Business April 1, 2025

Asian stocks rebounded on Tuesday, tracking overnight gains on Wall Street, as investors adopted a cautious stance ahead of the April 2 U.S. reciprocal...

Trump’s Auto Tariffs Threaten Industry, But May Be Temporary – Wells Fargo

Business April 1, 2025

U.S. President Donald Trump’s 25% tariffs on imported vehicles and parts may not be a permanent policy, according to Wells Fargo (NYSE:WFC) analysts. While...

Gold Hits Record High Amid Tariff Fears and Safe-Haven Demand

Business April 1, 2025

Gold prices reached an all-time high in Asian trading on Tuesday as investors sought the safety of bullion ahead of expected tariff announcements by...

U.S. Banks Face Uncertainty, Yet Earnings Momentum Could Persist

Business April 1, 2025

Analysts at HSBC warn that U.S. banks are grappling with broader economic uncertainty driven by aggressive tariff policies and softening consumer and business confidence....

Goldman Sachs Forecasts Elevated U.S. Recession Risk Amid Tariff Concerns

Business April 1, 2025

Goldman Sachs has raised its recession probability for the U.S. over the next 12 months from 20% to 35%, citing growing uncertainty over trade...

Markets Brace for Turbulence: Tariff Announcements, Gold Records, and Shaky Oil Prices

Business April 1, 2025

U.S. stock futures are pointing lower on Monday as investors prepare for a critical week ahead. With President Donald Trump set to announce a...

U.S. Equity Positioning: Neutral for Large Caps, Bearish for Small Caps Amid Tariff Fears

Business April 1, 2025

Short flows into U.S. equities have nudged net positioning in the Nasdaq back to neutral—mirroring levels seen in the S&P 500—as investors brace for...

Pfizer’s ABRYSVO Receives Expanded EU Authorization for RSV Prevention

Business April 1, 2025

Pfizer Inc. (NYSE:PFE) announced a major update for its bivalent RSV vaccine, ABRYSVO®, as the European Commission has amended its marketing authorization. The new...

DeepMind Tightens Research Publication: A Strategic Pivot Toward Commercialization

Business April 1, 2025

Google’s AI research powerhouse, DeepMind, is tightening controls on the publication of its research papers, signaling a significant strategic shift. Once celebrated for its...

Exact Sciences Corporation (NASDAQ:EXAS) Faces Challenges but Continues to Grow

Business April 1, 2025

Exact Sciences Corporation (NASDAQ:EXAS) is a leading healthcare company specializing in cancer diagnostics, facing macroeconomic challenges and competition. Guggenheim analyst Subbu Nambi sets a price...

Desktop Metal, Inc. (NYSE: DM) Faces Financial Challenges Despite Court Victory

Business April 1, 2025

Desktop Metal, Inc. (NYSE:DM) is set to release its quarterly earnings with an estimated EPS of -$0.28 and revenue of $44.1 million. The company has...

Jaguar Mining Inc. (JAGGF) Quarterly Earnings and Financial Health Overview

Business April 1, 2025

Jaguar Mining Inc. announces a 63% increase in its Proven and Probable Mineral Reserves, positively impacting future earnings. The company is valued attractively with a P/E...

Li Auto Accelerates Growth: 27 percent Increase in March Deliveries and Strong Q1 Performance

Business April 1, 2025

Introduction Li Auto (NASDAQ:LI), a leading player in the electric vehicle (EV) industry, has reported impressive delivery numbers for March 2025. The company achieved a...

Goldman Sachs Upgrades Ulta Beauty: Bullish Outlook for the Beauty Sector

Business April 1, 2025

Introduction Goldman Sachs has upgraded Ulta Beauty (NASDAQ: ULTA) shares to Buy from Neutral and raised its price target to $423 from $384. The upgrade...

Deeper Factors Behind the U.S. Stock Sell-Off: Insights from BCA Research

Business April 1, 2025

Introduction A recent sell-off in U.S. stocks may have roots deeper than President Trump’s tariff proposals, according to analysts at BCA Research. Despite the market’s...

Google Unveils Gemini 2.5 Pro: Next-Gen AI Shatters Reasoning Benchmarks in Historic Launch – CWEB News

Business April 1, 2025

CWEB News Exclusive - Google (GOOGL) has launched its most advanced artificial intelligence system to date, Gemini 2.5 Pro, marking a paradigm shift in...

Newsmax Soars 500% in NYSE Debut Amid Meme Stock Frenzy; CWEB News Emerges as Tech-Driven Media Contender

Business March 31, 2025

New York, NY — Newsmax, the conservative cable network, made a blockbuster debut on the New York Stock Exchange (NYSE) Monday, with shares skyrocketing...

TSMC Expands at Home: New 2nm Fab to Add 7,000 Jobs and Secure Taiwan’s Semiconductor Future

Business March 31, 2025

TSMC is reaffirming its commitment to Taiwan’s economy with the launch of a new domestic fab in Kaohsiung. The facility, which will produce its...

Toyota’s Hybrid Demand Surge Leaves Buyers Facing Long Waits

Business March 31, 2025

Soaring demand for Toyota’s gasoline-electric hybrids is straining its supply chain, leaving parts suppliers struggling and resulting in months-long waits for customers across the...

AstraZeneca’s Imfinzi Approval: A New Era in Bladder Cancer Treatment

Business March 31, 2025

AstraZeneca (NASDAQ:AZN) has reached a significant milestone with the U.S. approval of its drug Imfinzi for adult patients with muscle-invasive bladder cancer. This approval...

Japan’s Nikkei 225 Slides into Correction Territory Amid Trade Tensions

Business March 31, 2025

Japan’s premier stock index, the Nikkei 225, closed the trading day at 35,617.56, marking a sharp 4.05% fall and nearly a 12% drop from...

S&P 500 Faces First Quarterly Decline as Policy Shifts Loom

Business March 31, 2025

As the first quarter of 2025 draws to a close, the benchmark S&P 500 index is poised for its first quarterly decline since Q3...

Turbulent Markets and a Reversal of Risk: Navigating the New Reality

Business March 31, 2025

Investors braced for market turbulence after U.S. President Donald Trump’s return to power, but few anticipated the dramatic turnaround that has unfolded so far...

Tariff Tensions, Economic Data, and Tesla Deliveries: A Week of Uncertainty Ahead

Business March 31, 2025

Investor sentiment is on edge as a series of major events loom this week. From potential tariff announcements to key economic reports and Tesla...

Oil Prices Tumble as Chinese Reserve Discovery Offsets Tariff Fears

Business March 31, 2025

Oil prices fell slightly in Asian trade on Monday as reports emerged that Chinese media had uncovered a major oil reserve in the South...

Yen and Gold Surge Amid Tariff Uncertainty as Traders Flee Risky Assets

Business March 31, 2025

The Japanese yen and gold rallied on Monday as investors sought safe-haven assets amid mounting uncertainty over U.S. tariffs and their potential impact on...

Goldman Sachs Predicts More Fed and ECB Rate Cuts Amid Rising Recession Risks

Business March 31, 2025

Goldman Sachs has lowered its economic growth outlook for both the U.S. and Europe, citing the growing threat of a recession due to U.S....

Gold Hits Record High Amid Trade War Fears and Rate Cut Speculation

Business March 31, 2025

Gold surged to an all-time high on Monday, fueled by growing concerns over U.S. President Donald Trump’s aggressive tariff policies, which have heightened fears...

Apple vs. Starlink: The Battle for Satellite-Based Phone Connectivity

Business March 31, 2025

Apple Inc. (NASDAQ: AAPL) is ramping up its satellite phone connectivity efforts, but its expansion has drawn opposition from Elon Musk, according to a...

Caledonia Mining Corporation PLC’s Impressive Financial Performance

Business March 31, 2025

Earnings per share of $0.443, surpassing estimates. Record annual results with operating cash flow increasing to $42 million. Gross profit surged by 86% to reach $77...

Polestar Automotive Holding UK PLC Faces Financial and Legal Challenges

Business March 31, 2025

Polestar Automotive Holding UK PLC reported earnings per share of -$0.19, missing the estimated -$0.12. The company's price-to-sales ratio stands at approximately 1.52, indicating the...

Hudson Pacific Properties, Inc. (NYSE: HPP) Sees Upgrade from BMO Capital

Business March 31, 2025

Hudson Pacific Properties, Inc. (NASDAQ:HDSN) was upgraded to "Outperform" by BMO Capital, with a stock price of $6.18. The upgrade was influenced by strategic financial...

Evercore Reaffirms Bullish Netflix Call, Sees Growth and Pricing Power Driving Long-Term Upside

Business March 31, 2025

Evercore ISI reiterated its Outperform rating and $1,100 price target on Netflix (NASDAQ:NFLX), pointing to the streaming giant’s expanding global opportunity, strong execution, and...

Stifel Trims Tesla Target to $455 Amid Political Headwinds and Model Y Transition

Business March 31, 2025

Stifel lowered its price target on Tesla (NASDAQ:TSLA) from $474 to $455, citing a combination of softening consumer sentiment among Democrats and the upcoming...

BofA Stands Firm on AppLovin Buy Rating Despite Short-Seller Allegations

Business March 31, 2025

BofA Securities kept its Buy rating and $580 price target on AppLovin (NASDAQ:APP), reaffirming confidence in the mobile ad tech company following a short-seller...

Truist Upgrades Celsius to Buy, Shares Soar 6 percent

Business March 31, 2025

Celsius Holdings (NASDAQ:CELH) shares surged more than 6% intra-day today after Truist Securities upgraded the company to Buy, lifting its 12-month price target from...

Citi Trims Cummins Target to $360 Amid Freight Slowdown, But Keeps Bullish Outlook

Business March 31, 2025

Citi lowered its price target on Cummins (NYSE:CMI) from $430 to $360, maintaining a Buy rating despite near-term headwinds in the commercial vehicle market....

Samsung’s 2025 AI Home Ecosystem: Fridges Track Lost Phones, Laundry Machines Auto-Dispense Detergent – CWEB News

Business March 30, 2025

Samsung Unveils AI-Powered Smart Home Ecosystem for 2025 By CWEB News - March 30, 2025 Samsung’s Revolutionary AI Home Appliances Samsung Electronics (SSNLF) revealed its groundbreaking vision...

Accelerating Revenue Impact: Robotics and Physical AI on the Fast Track

Business March 30, 2025

Robotics and physical AI are no longer distant prospects. According to Morgan Stanley analysts, their revenue impact is arriving sooner than expected. Recent discussions...

Disney’s Cruise Expansion: Setting Sail for Growth

Business March 30, 2025

Walt Disney (NYSE:DIS) is betting big on its cruise line business to boost its theme parks division. According to Barclays analysts, cruise lines are...