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Business

CWEB Business News: Goldman Sachs Raises Robinhood Price Target to $91, Cites Long-Term Growth Amid Market Volatility

By CWEB Business News Team Goldman Sachs Reaffirms Buy Rating, Lifts Robinhood (NASDAQ: HOOD) Price Target to $91 Goldman Sachs has raised its price target for...

CWEB Business News Exclusive: President Donald J. Trump Secures Major Victory as Canada Backs Down on Digital Tax

President Donald J. Trump Demonstrates Strong Leadership, Forcing Canada to Reverse Course on Controversial Tech Tax In a bold and decisive move, President Donald J....

U.S. Crypto Reserve Announcement Sparks Major Market Rally

Crypto Prices Surge Following Trump’s Executive Order Cryptocurrency markets skyrocketed on Sunday after U.S. President Donald Trump announced the creation of a U.S. Crypto Reserve,...

Amazon’s Kuiper Set to Secure Major NBN Contract, Outpacing Starlink

Amazon is poised to win a landmark contract to provide satellite internet services for Australia’s National Broadband Network (NBN), according to sources cited by...

Asian Markets Steady as Bitcoin Surges and Tariff Uncertainty Persists

Investor sentiment in Asia remains cautious yet hopeful on Monday, as market participants await confirmation on imminent U.S. tariffs while safe-haven demand for digital...

U.S. Futures Steady Amid Tariff Uncertainty and Mixed Economic Data

U.S. stock index futures remained largely unchanged on Sunday evening, even after a sharp monthly decline on Wall Street. Investor sentiment is currently cautious,...

Zhipu AI Raises $140 Million: Chinese AI Tigers Gain Momentum Amid DeepSeek Rally

Chinese artificial intelligence start-up Zhipu AI has announced a successful funding round, raising approximately $140 million. Backed by major players including Alibaba (NYSE: BABA)...

XRP Surges 13.67 percent in One Day Amid Volatile Week for Cryptos

XRP experienced a remarkable one-day rally on Sunday, surging 13.67% to $2.4454 on the Investing.com Index—its largest percentage gain since January 15. This sharp...

Trump Announces New U.S. Crypto Strategic Reserve, Sparking Market Rally

U.S. President Donald Trump took to social media on Sunday to announce that a new U.S. strategic reserve of digital assets is in the...

How a Ukraine Peace Deal Could Reshape Global Markets

A potential peace deal in Ukraine could have profound effects on the global economy, according to Bank of America analysts. Although uncertainty remains, BofA...

President Donald Trump Announces Federal Crypto Reserve, Vows to Make U.S. “The Crypto Capital of the World”, CWEB Lauds “Historic Move”

President Donald Trump has unveiled plans to establish a U.S. Crypto Strategic Reserve—a federal initiative to solidify America’s dominance in the cryptocurrency sector—while explicitly...

China’s Homebuilding Sector Faces Prolonged Decline Despite Policy Support

?? Key Insights from Capital Economics 1?? Homebuilding Activity Continues to Contract New home starts by developers have plunged over 70% since China’s Three Red Lines...

Gold Equities Face Investor Skepticism Despite Strong Performance

Key Takeaways from RBC Capital Markets' Analysis 1?? Gold Prices Surge, But ETF Outflows Persist Gold prices: +12% YTD VanEck Gold Miners ETF (NYSE: GDX): +15% YTD Gold...

European Stocks Outperform as U.S. Market Struggles: Key Takeaways

European Valuations Hit 35-Year Lows, Sparking Strong Gains ? Key Highlights: At the start of 2025, European forward price-to-earnings (PE) ratios hit their lowest level relative...

Portfolio Trading in Europe Surges, But Still Trails U.S. Market

Rapid Growth in European Portfolio Trading ? Key Highlights: Portfolio trading in European corporate bonds grew 74% YoY, surpassing €250 billion in 2024. A new portfolio trade...

Robert Kiyosaki Warns of Financial System Collapse, Endorses Bitcoin Over ETFs

Kiyosaki’s Take: The ‘Real’ Scam is the U.S. Dollar ? Key Points: Robert Kiyosaki, author of Rich Dad Poor Dad, predicts a global financial system collapse. He...

S&P 500 Rallies Despite Trump-Zelenskyy Tensions; PCE Inflation Data in Focus

Market Overview: S&P 500, Nasdaq, and Dow Surge The S&P 500 closed 1.5% higher on Friday, recovering from an initial dip following a tense meeting...

MicroStrategy’s Bitcoin Holdings Surge: $2.6 Billion Gain in Early 2025

MicroStrategy’s Massive Bitcoin Gains Michael Saylor, the executive chairman of MicroStrategy (Strategy), announced that the company has delivered $2.6 billion in Bitcoin gains in just...

Microsoft’s Cybersecurity Dominance: How It’s Outpacing Competitors

Microsoft (NASDAQ:MSFT) is Emerging as the Cybersecurity Powerhouse According to Bernstein, Microsoft has established itself as the leading cybersecurity provider, leveraging its scale, integration, and...

Bank of America Sees U.S. Economic Strength in Productivity Gains

Bank of America (BofA) remains bullish on the long-term strength of the U.S. economy, citing a sustained rise in labor productivity as a key...

DeepSeek AI Claims High Profitability, Raising Questions About U.S. AI Spending

1. DeepSeek’s Profitability Claim: A Game-Changer in AI Economics? Chinese AI startup DeepSeek has disclosed preliminary revenue and cost data for its V3 and R1...

Hedge Funds Dump Stocks at the Fastest Pace in a Year, Says Goldman Sachs

1. Overview: A Bearish Turn in Hedge Fund Sentiment Global hedge funds have turned increasingly bearish on equities, selling more stocks than they bought at...

Spirit AeroSystems Faces Deep Losses as Boeing Acquisition Looms

1. Overview: A Struggling Aerospace Supplier Spirit AeroSystems (NYSE: SPR), a major supplier to Boeing (NYSE: BA) and Airbus, reported a $577 million operating loss...

Trump Administration Dismantles 18F Digital Services Team Amid Government Restructuring

In a surprising move, the Trump administration has abruptly shut down 18F, a team of technology experts credited with modernizing federal websites and developing...

Markets Brace for Volatility as Trump’s Tariffs, Jobs Data, and Earnings Take Center Stage

Global markets are on edge as U.S. President Donald Trump imposes new tariffs, key economic data is set to be released, and major earnings...

Brent Crude Prices Face Continued Pressure Amid Market Uncertainty

Brent crude prices have been on a steady decline since peaking at $128 per barrel in 2022. Analysts at Bank of America (BofA) predict...

FedEx Boeing 767 Makes Harrowing Emergency Landing in Newark After Bird Strike Ignites Engine; All Crew Safe, CWEB Reports

CWEB Breaking News: A FedEx (FDX) cargo plane narrowly averted disaster on Saturday morning when a bird strike ignited one of its engines shortly after...

Microsoft Confirms Skype Shutdown in May 2025, Urges Users to Migrate to Teams – CWEB Reports

CWEB Exclusive – Microsoft (MSFT) has officially announced the retirement of its pioneering Voice Over Internet Protocol (VoIP) service, Skype, set to shut down...

Globe Life Gains Strength: TD Cowen Sees Upside Amid Business Growth and Capital Momentum

TD Cowen reaffirmed confidence in Globe Life (NYSE:GL), maintaining a Buy rating and setting a price target of $168.00. The firm’s outlook follows an...

NetApp Shares Plunge 16 percent as Revenue Miss and Weak Outlook Disappoint Investors

NetApp (NASDAQ:NTAP) faced a sharp decline intra-day today, tumbling over 16% following its fiscal third-quarter earnings report. Despite narrowly surpassing earnings expectations, the data...

Monster Beverage Rises 5 percent Following Q4 Earnings Announcement

Monster Beverage (NASDAQ:MNST) delivered better-than-expected fourth-quarter revenue, driving a 5% gain intra-day today. The energy drink giant reported $1.81 billion in revenue, slightly topping...

Elastic Stock Surges 13 percent on Strong Q3 Earnings Beat and Upgraded Guidance

Elastic N.V. (NYSE:ESTC) delivered impressive third-quarter fiscal 2025 results, surpassing expectations and raising its full-year earnings outlook. The strong performance sent its shares soaring...

Dell Shares Plunge 5 percent as AI Costs Weigh on 2026 Margin Outlook

Dell Technologies (NYSE:DELL) saw its shares drop more than 5% intra-day today after projecting a decline in adjusted gross margins for its fiscal 2026...

Autodesk Drops 4 percent Despite Strong Q4 Results and Upbeat 2026 Outlook

Autodesk (NASDAQ:ADSK) shares fell over 4% intra-day today despite the company delivering fourth-quarter earnings and revenue that exceeded Wall Street expectations. The company also...

Verizon Communications Inc. (NYSE:VZ) Advances in O-RAN Technology with Samsung and Qualcomm

Verizon collaborates with Samsung and Qualcomm to deploy a multi-vendor RAN Intelligent Controller, enhancing network efficiency with AI. The deployment achieves an average energy savings...

Rapid Micro Biosystems, Inc. Faces Challenging Market Situation

Rapid Micro Biosystems, Inc. (NASDAQ:RPID) has a target price significantly below its current stock price, indicating a pessimistic outlook from analysts. AxoGen, Inc. (AXGN) also...

MiMedx Group, Inc. (NASDAQ:MDXG) Leads in Capital Efficiency Among Peers

MiMedx Group, Inc. (NASDAQ:MDXG) showcases a high Return on Invested Capital (ROIC) of 23.27%, significantly outperforming its competitors in the advanced wound care and...

Cactus, Inc. (NYSE:WHD) Financial Efficiency Analysis

Cactus, Inc. (NYSE:WHD) is a leading company in the oil and gas industry, known for designing, manufacturing, and selling wellhead and pressure control equipment....

Owens & Minor, Inc. (NYSE:OMI) Earnings Preview: A Mixed Outlook

Owens & Minor, Inc. (NYSE:OMI) is a healthcare logistics company that provides supply chain services to healthcare providers and manufacturers. The company is set...

Trulieve Cannabis Corp. (OTCQX:TCNNF) Financial Overview and Market Position

Trulieve Cannabis Corp. (OTCQX:TCNNF) reported a revenue of $301.1 million, surpassing estimates and indicating a 5% year-over-year growth. The company's gross margin improved significantly to...

American Woodmark Corporation’s Financial Performance and Market Position

American Woodmark Corporation (NASDAQ:AMWD) reported earnings per share (EPS) of $1.05, missing the estimated $1.72. The company's revenue was $397.58 million, below the expected $440.61...

Akamai Technologies (NASDAQ: AKAM) Expands Cloud Computing Capabilities

Akamai Technologies (NASDAQ: AKAM) is a leading entity in the cybersecurity and cloud computing industries, known for its innovative solutions that boost internet performance...

EOG Resources, Inc. (NYSE:EOG) Surpasses Earnings Estimates but Misses on Revenue

EOG Resources, Inc. (NYSE:EOG) reported an EPS of $2.74, beating the Zacks Consensus Estimate by 7.45%. Despite the earnings beat, EOG's revenue was $5.59 billion,...

Okta Inc. (NASDAQ:OKTA) Earnings Preview: Key Insights and Financial Health

Okta Inc. (NASDAQ:OKTA) is set to release its quarterly earnings with an anticipated EPS of $0.73 and revenue of $669.1 million. A hammer chart pattern...

Ready Capital Corporation’s Upcoming Earnings Report: A Financial Overview

Ready Capital Corporation (NYSE:RC) is expected to report a 19.2% decline in EPS from the previous year, with an anticipated figure of $0.21 per share. Despite...

Integral Ad Science Holding Corp. (NASDAQ:IAS) Stock Update and Financial Outlook

Scotiabank updated Integral Ad Science Holding Corp. (NASDAQ:IAS) stock rating to "Sector Perform" with a price target of $10. Analysts expect earnings growth with an...

Mitsubishi Electric Corporation (MIELY) Quarterly Earnings Preview

Mitsubishi Electric Corporation, trading under the symbol MIELY on the PNK exchange, is a global leader in the manufacturing and sales of electrical and...

Proficient Auto Logistics, Inc. (NASDAQ:PAL) Surpasses Earnings Estimates Amid Investigation

Earnings per share (EPS) of $0.02, surpassing the estimated $0.01, with revenue reaching approximately $95.1 million. The company is under investigation by Pomerantz LLP for...

RadNet, Inc. (NASDAQ: RDNT) Surpasses Earnings Estimates with Strong Q4 Performance

RadNet reported an EPS of $0.22, beating the estimated $0.21 and reflecting a 46.67% earnings surprise. The company achieved a revenue of approximately $477.1 million,...

Alignment Healthcare, Inc. (NASDAQ:ALHC) Financial Performance and Competitive Landscape

Alignment Healthcare, Inc. (NASDAQ:ALHC) faces challenges with a Return on Invested Capital (ROIC) of -23.60%, indicating inefficiency in capital utilization compared to its peers. Aveanna...
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