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Business

CWEB BUSINESS News: Apple’s iPhone Sales Jump May Fade as UBS Warns of Short-Lived Demand Surge

CWEB and UBS Analysts see recent growth as tariff-driven rather than sustainable, maintaining a neutral outlook UBS has reaffirmed its Neutral rating on Apple (NASDAQ:...
Business

CWEB Business News: Walmart Innovates the Shopping Experience with Interactive TV Commerce

CWEB Business News – Walmart Inc. (WMT), the nation’s largest retailer, is once again redefining the shopping experience by integrating commerce and entertainment. Leveraging...
Business

Nasdaq 100 Leads Global Tech Rally in May, Surpassing European Peers

Business
The Nasdaq 100 index emerged as the top-performing global technology benchmark in May, delivering an impressive 8.8% gain and outperforming Europe’s STOXX Europe 600...

Oil Prices Slip as OPEC+ Output Outlook Weighs on Sentiment

Business
Canadian Wildfire Supply Fears Provide Limited Support Oil prices edged lower in Asian trade on Wednesday, as concerns about rising OPEC+ output and persistent U.S.–China...

Gold Prices Hold Firm as Geopolitical Risks Offset Trade Optimism

Business
Market Uncertainty Keeps Bullion Steady Despite Renewed Risk Appetite Gold prices traded sideways in Asian markets on Wednesday, holding near multi-week highs as investors weighed...

Deutsche Bank Lifts S&P 500 Forecast to 6,550 as Tariff Pressures Ease

Business
Wall Street Eyes Higher Gains as Earnings Outlook Strengthens Deutsche Bank has raised its S&P 500 target to 6,550, up from 6,150, signaling increased confidence...

Nasdaq 100 Powers Ahead in May: AI, Trade Optimism, and The Magnificent 7 Fuel Tech Rally

Business
U.S. Tech Reclaims Global Momentum with an 8.8% Surge The Nasdaq 100 index outperformed global tech peers in May, surging 8.8%—its strongest monthly gain since...

AMC’s New Advertising Strategy Aims to Bolster Revenue

Business
AMC Entertainment has announced it will increase pre?movie advertisements, striking a deal with National CineMedia to introduce a “platinum spot” before each showing starting...

Bank of America’s Credit Rating Confirmed by Fitch

Business
Fitch Ratings reaffirmed Bank of America Corporation’s (NYSE: BAC) Long?Term Issuer Default Rating (IDR) at AA? and Short?Term IDR at F1+ on June 3,...

Tesla UK Sales Plummet 45 percent in May 2025

Business
Tesla’s new-car deliveries in Britain fell sharply in May 2025, with 1,758 units sold—down from 3,244 a year earlier. Despite this drop, Tesla remains...

Bitcoin Price Rebounds Amid U.S. Trade Tariffs Uncertainty

Business
Bitcoin rebounded modestly on Tuesday, clawing back from a weekend low near $103,000 after peaking at almost $112,000 in May. Despite this uptick, crypto...

Tesla’s Quest for Battery Independence: Pioneering a China-Free Supply Chain

Business
Tesla’s push toward sourcing batteries without relying on China could reshape the U.S. auto and energy industries. Piper Sandler highlights Tesla as the only...

The AI Energy Rush: Power Bottlenecks and Winning Stocks

Business
As the race to power artificial intelligence accelerates, U.S. data centers face mounting pressure on electricity supply. According to Morgan Stanley, this “AI energy...

Wells Fargo Asset Cap Removal Signals Growth Opportunity

Business
Wells Fargo’s recent announcement that the Federal Reserve has lifted the $1.95?trillion asset cap opens the door for the bank to expand its balance...

Why Barclays Sees the S&P?500 at 6,050 by Year?End

Business
After a volatile spring driven by tariff talks and shifting economic data, Barclays has raised its year?end S&P?500 price target to 6,050 from 5,900....

Tariffs Impact on Global Growth Outlook

Business
Global gross domestic product growth for 2025 was recently downgraded to 2.9% from 3.1%, as the OECD warns that sweeping tariffs threaten to slow...

Boeing: Bernstein’s Top Pick in Global Aerospace & Defense

Business
Over the past year, Boeing (NYSE: BA) has demonstrated compelling production momentum and improving fundamentals, leading Bernstein to name it their top pick in...

Why Any Stock Pullback Should Be Short?Lived

Business
Investors have been bracing for deeper sell?offs amid a torrent of negative headlines—from tariff threats to U.S. debt concerns—but HSBC strategist Max Kettner argues...

Asian Stocks Rally on Hopes of Trump?Xi Call and Political Stability

Business
Most Asian stocks rose on Wednesday amid growing optimism that U.S. President Donald Trump and Chinese President Xi?Jinping will speak this week and revive...

Nordic American Tankers Ltd (NYSE:NAT) Financial Overview and Insider Confidence

Business
Earnings Forecast: Analysts predict an EPS of $0.01 and revenue of $43.9 million for the upcoming quarterly earnings. Insider Buying: CEO Herbjorn Hansson's purchase of...

Sunnova Energy Corporation’s Financial Challenges and Market Position

Business
Sunnova Energy Corporation, trading on the NYSE under the symbol NOVA, is a key player in the solar energy sector. The company focuses on...

Semtech Corporation (NASDAQ: SMTC) Overview: A Semiconductor Industry Player

Business
The consensus price target for Semtech Corporation (NASDAQ: SMTC) has declined over the past year, indicating a bearish sentiment among analysts. Recent upgrades and optimistic...

Donaldson Company, Inc. (NYSE: DCI) Surpasses Earnings and Revenue Estimates

Business
Donaldson Company, Inc. (NYSE:DCI) reported earnings per share (EPS) of $0.99, exceeding the estimated $0.95. The company also saw revenue of approximately $940.1 million, surpassing...

NIO Inc. (NYSE:NIO) Faces Financial Challenges Amid Growth in the EV Market

Business
NIO reported an earnings per share (EPS) of -$0.45, missing the estimated EPS of -$0.22, indicating a widening net loss due to increased operating...

Planet Labs PBC Quarterly Earnings Overview

Business
Planet Labs PBC (NYSE:PL) is expected to report an EPS of -$0.05 and projected revenue of $62.2 million. The company faces stiff competition in the...

Oshkosh Gets Upgraded at Truist, Stock Gains 3 percent

Business
Oshkosh Corporation (NYSE:OSK) received a bullish endorsement from Truist Securities, which upgraded the stock to Buy from Hold and significantly raised its price target...

Ollie’s Delivers Strong Q1 Results, But Shares Slightly Down

Business
Ollie’s Bargain Outlet (NASDAQ:OLLI) topped Wall Street expectations in its first quarter, reporting solid gains in revenue and earnings. However, the stock slipped over...

Signet Jewelers Lifts Forecast After Earnings Beat, Shares Jump 11 percent

Business
Signet Jewelers (NYSE:SIG) saw its stock spike over 11% intra-day today after delivering a better-than-expected first-quarter profit and raising its full-year outlook for fiscal...

Ferguson Lifts Guidance After Solid Q3, Shares Pop Over 6 percent

Business
Ferguson (NYSE:FERG) saw its shares surge more than 12% intra-day today after reporting third-quarter results that topped profit expectations and prompted a full-year guidance...

Donaldson Lifts Full-Year Profit Forecast After Beating Q3 Expectations

Business
Donaldson Company (NYSE:DCI) delivered solid third-quarter results that exceeded Wall Street estimates, prompting the company to raise its profit guidance for the full year....

Dollar General Raises Outlook as Q1 Beats Estimates, Shares Soar 13 percent

Business
Dollar General (NYSE:DG) shares surged more than 13% intra-day today after the company posted stronger-than-expected results for the first quarter and raised its full-year...

Oil Prices Edge Higher Amid Geopolitical Concerns and OPEC+ Supply Decision

Business
Oil prices ticked up on Tuesday as traders digested looming supply risks—most notably Iran’s expected rejection of a U.S. nuclear deal—and weighed a slightly...

Toyota Industries Weighs $42?B Take?Private Bid from Toyota Motor

Business
Toyota Industries (OTC:?TYIDF) is set to decide on Tuesday whether to accept an approximately $42?billion tender offer from Toyota Motor (NYSE:?TM) and other group...

Deutsche Bank Raises S&P?500 Year?End Target to 6,550 on Eased Tariff Drag

Business
Deutsche?Bank has increased its year?end S&P?500 target from 6,150 to 6,550, reflecting lower-than?expected tariff headwinds and a surprisingly resilient U.S. economy. This upgrade follows...

Hedge Funds Ramp Up Equity Bets Amid Market Rotation

Business
U.S. hedge funds have significantly increased their equity exposures over the past month, demonstrating a willingness to take on idiosyncratic risk despite mounting macro...

U.S. Stocks End Flat After Strong May, Eyes Turn to Jobs Data

Business
U.S. equities finished marginally changed on Friday, capping a robust May performance despite a late?week flare?up in U.S.?China trade rhetoric. The S&P?500 ticked down...

Rising Yields Shift Focus From Legal Wins to Fiscal Risks

Business
Goldman?Sachs analysts attribute the S&P?500’s recent 2% rally to favorable trade?related legal developments—yet warn that rising bond yields now pose the primary threat to...

Gold Pulls Back on Profit?Taking After Sharp Rally

Business
Gold prices eased on Tuesday in Asian trade, retracing some of Monday’s surge as traders locked in profits amid a marginally stronger dollar and...

Alphabet’s Stock Dips as Antitrust Case Hangs in the Balance

Business
Shares of Alphabet Inc. (NASDAQ:?GOOGL) slid 2% after U.S. District Judge Amit Mehta signaled he might opt for remedies less drastic than those proposed...

U.S. Stocks Rally Despite U.S.–China Trade Tensions

Business
The S&P?500 erased early losses on Monday, brushing off renewed frictions between the United States and China that threatened to ignite a global trade...

Bitcoin Holds Steady Amid Tariff?Driven Market Jitters

Business
Bitcoin inched higher on Tuesday, reclaiming some of its weekend losses as traders weighed extended profit?taking against persistent uncertainty over U.S. trade tariffs and...

BRT Q1 Earnings Beat Estimates but Stock Still in Decline

Business
BRT Apartments Corp. (NYSE: BRT) posted a Q1 EPS of -$0.12, outperforming analyst expectations of -$.19 by $0.07. Revenue also surprised to the upside,...

Vodafone Idea Inches Up Despite Weak Q4; Financial Strain Deepens

Business
Vodafone (NASDAQ:VOD) and Vodafone Idea (NSE:IDEA) shares ticked up 1.3% after reporting disappointing Q4 FY25 results, driven by continued subscriber losses and mounting financial...

Microsoft Cuts More Jobs Amid AI Investment Push

Business
Microsoft Corp (NASDAQ:MSFT) has laid off over 300 more employees, just weeks after announcing 6,000 job cuts, according to a Bloomberg report. This marks...

Disney Cuts Hundreds of Jobs Amid Strategic Overhaul

Business
Disney Cuts Hundreds of Jobs Amid Strategic Overhaul   The Walt Disney Company (NYSE:DIS) is laying off several hundred employees across its film, television, and corporate...

Airbus Faces Delivery Setbacks Despite Full-Year Ambitions

Business
Airbus (EPA:AIR) delivered approximately 51 aircraft in May, according to a Reuters report citing industry sources. This marks a 4% decline compared to the...

Bank of America Highlights Diverging Views on Apple Amid 20 percent Stock Decline

Business
Apple Inc. (NASDAQ:AAPL) is at the center of a growing debate among investors, with Bank of America (BofA) analysts outlining both bullish and bearish...

Trump Doubles Tariffs on Steel Imports, Boosting U.S. Metal Stocks

Business
Former U.S. President Donald Trump announced a sharp increase in tariffs on steel imports, raising the rate from 25% to 50% during a rally...

TSMC CEO: AI Demand Offsetting Tariff Risks Despite Market Uncertainty

Business
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) CEO C.C. Wei offered a measured but confident outlook on Tuesday, acknowledging that U.S. trade tariffs are having a...

Morgan Stanley Reiterates Overweight Rating on Nvidia, Calls It a “Unique Opportunity”

Business
Morgan Stanley reaffirmed its Overweight rating on Nvidia (NASDAQ:NVDA), emphasizing the company’s exceptional positioning in the semiconductor space despite ongoing macro and sector-specific concerns....
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