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Business

The Trillion-Dollar Countdown: How a SpaceX IPO Could Cement Elon Musk’s Place in History – CWEB Exclusive

By J.O. CWEB News Contributor  Just a few months ago, the financial world was buzzing with a tantalizing question: Could Elon Musk actually become the...
Business

Credit Card Balances Surge Past $1.28 Trillion as Economic Divides Widen, New York Fed Reports – CWEB News

U.S. credit card debt has ballooned to a staggering $1.28 trillion, signaling severe consumer stress. The New York Federal Reserve’s latest survey reveals a growing...
Business

CWEB Business News: Apple Watch’s New FDA-Cleared Feature to Combat Silent Killer of Hypertension

Business
Apple(AAPL) has received landmark clearance from the U.S. Food and Drug Administration for a breakthrough health feature that turns its smartwatch into a proactive...

CWEB Business analysts comment on Revolut $13 billion spend in UK, US and global expansion

Business
London, England headquartered Revolut has said that it will invest $13 billion in the next decade. The company that began with two desks at...

CWEB Business News Videogame Giant Electronic Arts Set for Monumental $55 Billion Private Acquisition

Business
In a landmark transaction poised to reshape the global videogame landscape, industry titan Electronic Arts has entered into a definitive agreement to be acquired...

CWEB Business News: Costco fourth quarter results beat Wall Street analysts expectations, stock falls 2 percent 

Business
Costco (COST) released a strong fourth quarter report beating Wall Street analysts expectations. However the retailer’s stock price fell by 2 percent. CWEB analysts...

CWEB Business News: FTC, bipartisan state attorney generals sue Ticketmaster and Live Nation

Business
  The Federal Trade Commission (FTC) has sued Ticketmaster and parent Live Nation for deception against performing artists and consumers on price as well as...

CWEB Business News Starbucks Announces Major Strategic Overhaul with Widespread Store Closures and Workforce Reduction

Business
In a significant move to streamline its global operations, Starbucks has unveiled a sweeping restructuring plan that includes the immediate closure of hundreds of...

CWEB Business News Accenture Charts a Bold Course for the AI Future, Reshaping its Global Workforce

Business
  Accenture is undertaking a significant strategic realignment to position itself at the forefront of the artificial intelligence revolution. In a move that underscores the...

CWEB Business News: MorganStanley to partner with Zerohash for cryptocurrency trading on E*Trade

Business
Morgan Stanley said that it is partnering with Zerohash to offer cryptocurrency trading on its platform E*Trade. One of the largest global financing firms...

CWEB Business News: A Strategic Alliance – The Trump Administration Extends a $20 Billion Lifeline to Argentina

Business
In a decisive move underscoring a robust foreign economic policy, the administration of President Donald J. Trump has initiated high-level negotiations to establish a...

CWEB Business News Oracle Shares Climb on Dual Announcements of Key White House Role and Leadership Transition & TikTok Deal

Business
Oracle Corporation witnessed a significant uptick in its stock price following two major developments that underscore its growing influence in both technology and national...

CWEB Business News U.S. Regulator Proposes Landshake Shift to Ease Long-Standing Day Trading Restriction

Business
  In a move that could fundamentally reshape access to the markets for active retail traders, the Financial Industry Regulatory Authority (FINRA) has advanced a...

CWEB Business News Pfizer Makes Major Play in Weight Loss Market with $7.3 Billion Acquisition of Metsera

Business
  In a strategic move to secure a foothold in the high-stakes obesity pharmaceutical market, Pfizer Inc. has announced a definitive agreement to acquire the...

President Trump and President Xi Advance TikTok Deal Framework, CWEB Business News Reports

Business
In a significant development for U.S.-China trade relations, President Donald J. Trump and President Xi Jinping held a productive phone call on Friday, September...

CWEB Business News Amex Platinum Unveils $895 Annual Fee to come with $3,500+ in New Credits

Business
American Express (AXP) has significantly increased the annual fee for its Platinum Card to $895, introducing a suite of new premium perks to justify...

CWEB Business News Eli Lilly Commits $5 Billion to New Virginia Facility for Next-Generation Bioconjugate and Antibody Medicines

Business
Eli Lilly and Company (NYSE: LLY) has selected Goochland County, Virginia, as the site for a monumental $5 billion advanced manufacturing operation. This new...

CWEB Business Chinese AI Startup DeepSeek Challenges Industry Norms with Cost-Effective Model Training

Business
A research paper published by Chinese artificial intelligence firm DeepSeek has revealed that the company trained its advanced reasoning model, DeepSeek-R1, for just $294,000....

CWEB Business News CrowdStrike Soars on Bold $10 Billion Forecast, Fueling Investor Optimism

Business
Cybersecurity leader CrowdStrike (CRWD) witnessed a significant surge in its stock price, climbing approximately 13% following a highly anticipated investor day. The rally was...

CWEB Business News Analysis: Gemini Space Station Soars with $4.4 Billion Nasdaq Debut, Signaling Robust Crypto Market Confidence

Business
NEW YORK – CWEB News – Gemini Space Station (GEMI), the premier cryptocurrency exchange founded by renowned entrepreneurs Cameron and Tyler Winklevoss, has successfully...

Fitch Downgrades France’s Sovereign Credit Rating: CWEB Business Analyzes the Implications for the Eurozone’s Second-Largest Economy

Business
CWEB Business News Analysis In a significant move with broad implications for European financial markets, the United States-based rating agency Fitch has downgraded France’s sovereign...

CWEB Business News: Walmart International Announces Strategic Market Entry into South Africa

Business
BENTONVILLE, AR – In a significant move to bolster its global portfolio, Walmart Inc. (NYSE: WMT), the world's largest retailer, has formally announced its strategic...

CWEB Business News OpenAI Appoints Former xAI Executive Mike Liberatore as Finance Lead Amidst Intensifying Rivalry with Elon Musk

Business
OpenAI has named Mike Liberatore, the former head of finance at Elon Musk’s xAI, as its new head of business finance. In this role,...

CWEB Business News: Pfizer, Moderna, BioNTech shares fall on report of health officials linking child deaths to Covid shots

Business
Pfizer, Moderna and BioNTech shares fell after a report from a renowned agency said that health officials of the current administration plan to include...

CWEB Business News U.S. and China Reach TikTok Framework Deal Ahead of Trump-Xi Meeting

Business
The United States and China have reached a preliminary “framework” agreement over the future of TikTok, according to Treasury Secretary Scott Bessent. Speaking from...

CWEB Business News Tesla Stock Soars as Elon Musk Makes $1 Billion Personal Investment, Erasing Yearly Losses

Business
Tesla (TSLA) shares surged dramatically in early trading Monday, climbing as much as 8% and officially pushing the electric vehicle maker's stock into positive...

CWEB Business News: Potential Skydance-Paramount Bid for Warner Bros. Discovery Sends Shares Soaring

Business
A potential acquisition of media titan Warner Bros. Discovery Inc. (WBD) by a consortium involving Skydance Media and Paramount Global has ignited investor enthusiasm,...

CWEB Business News Pharmaceutical Giants Novo Nordisk and Eli Lilly Intensify Rivalry with Forthcoming Oral Obesity Drug Launches

Business
In a major strategic shift, Novo Nordisk has announced a significant workforce reduction, eliminating approximately 9,000 positions globally. This move, representing 11% of its...

CWEB Business News Analysis: Klarna’s Blockbuster IPO Signals Bullish Investor Confidence

Business
CWEB Business News analysts are providing their expert commentary on the highly anticipated public debut of Klarna Group plc. (KLAR). The fintech pioneer has...

CWEB Business News: Tesla Proposes Landmark $1 Trillion Performance Package for Visionary CEO Elon Musk

Business
In a bold move to secure its future trajectory, Tesla Inc. (TSLA) has put forth an unprecedented compensation package for its Chief Executive Officer,...

CWEB Business News Apple Introduces iPhone 17 Lineup with Strategic Price Adjustments for Pro Models

Business
In a significant shift from its recent pricing strategy, Apple has announced a base price increase for its flagship iPhone 17 Pro, marking the...

CWEB Business News Oracle Stock Soars, Propelling Larry Ellison’s Wealth Past $100 Billion Milestone

Business
A remarkable surge in Oracle's (ORCL) stock price has catalyzed an extraordinary financial milestone for its founder, Larry Ellison. Following an overwhelmingly positive earnings...

CWEB Business News: Apple introduces iPhone Air, iPhone 17, AirPods, Watch at event

Business
  Apple Inc. (AAPL) introduced its newest model of flagship iPhone 17, a new thinner phone called iPhone Air, AirPods Pro 3 and Apple Watch...

CWEB Business News: Meta to make temporary changes on teen AI chatbots after Senate probe

Business
  Meta Inc (META) released a statement that would make temporary changes to teen AI chatbots after the Senate began a probe on Meta platforms...

CWEB Business News Walmart-Backed One Launches Disruptive $35 Unlimited Wireless Plan

Business
CWEB Business News – In a landmark move that underscores the future of integrated retail and financial services, Walmart (WMT)-backed fintech One has expanded...

CWEB Business News Tesla Launches Next-Generation Megapack 3 and Megablock Amid Shifting Market Strategy

Business
CWEB Business News – New vehicle insurance registration data from China reveals that Tesla Inc.'s (TSLA) sales in the critical market continue to trail behind...

CWEB Business News StubHub Moves Forward with Major Public Offering, Targeting $9.2 Billion Valuation

Business
After a period of postponement, the prominent ticket marketplace StubHub has officially set the terms for its initial public offering. In a new filing...

Serena Williams Backs Unrivaled in Landmark Funding Round, Propelling Women’s Basketball League to $340 Million Valuation

Business
Tennis icon Serena Williams has joined a powerful investor group backing the women's basketball league Unrivaled, contributing to a massive valuation jump to $340...

CWEB Business News: Walmart Champions American Health Security with Groundbreaking Antibiotics Partnership

Business
  CWEB Business News – Walmart Inc., (WMT) the nation's largest retailer and a leader in corporate stewardship, has announced a transformative partnership with USAntibiotics,...

CWEB Business News Broadcom Stock Surges on Massive AI Chip Order Tied to OpenAI

Business
Broadcom's (AVGO) stock soared by more than 11% on Friday, adding a staggering $130 billion to its market valuation, following a blockbuster earnings report...

CWEB Business News Luxury EV Maker Lucid Group Enacts Reverse Stock Split Amid Market Volatility

Business
In a significant financial maneuver, Lucid Group, Inc. (NASDAQ: LCID) has executed a 10-for-1 reverse stock split of its common stock. The action, which...

CWEB News: U.S. Job Market Shows Resilience, Adds 54,000 New Positions Amid Economic Shifts

Business
CWEB Business News – The latest ADP National Employment Report, a key measure of private-sector health, indicates that the U.S. economy continued its impressive streak...

CWEB Business News: KDP $18 billion to acquire of JDE Peet to consolidate US coffee business

Business
Keurig Dr. Pepper (KDP) will be buying Dutch coffee giant JDE Peet in a $18.36 billion deal. The acquisition is expected to give a...

CWEB Business News Macy’s Stock Soars on Stellar Quarterly Earnings and Upbeat Forecast

Business
Macy's Inc. (M) witnessed a dramatic surge in its stock price, with shares climbing 13% in premarket activity following the announcement of its second-quarter...

CWEB Business News Apple Ignites New Growth Phase with Major India Retail Expansion, Backed by Wall Street Confidence

Business
Apple Inc. is significantly deepening its investment in the Indian market with the grand opening of its newest retail location, Apple Hebbal, in Bengaluru....

CWEB Business News New AI Image Tools Threaten Adobe Photoshop’s Dominance, Analyst Warns

Business
Investment firm Redburn has reaffirmed its Sell rating on Adobe Inc., (ADBE) maintaining a $280 price target and issuing a stark warning that the...

CWEB Business News Alibaba Stock Surges on AI-Driven Cloud Growth Despite Earnings Shortfall

Business
Alibaba Group Holdings Ltd. (NYSE: BABA) witnessed a significant rise in its share price following its second-quarter earnings release, even as the company's revenue...

CWEB Business News: Meta Seeks to Distance Itself from Legal Crossfire Between Musk’s xAI and Altman’s OpenAI

Business
CWEB Business News – The escalating legal warfare between rival artificial intelligence firms xAI, founded by Elon Musk, and Sam Altman’s OpenAI has ensnared...

CWEB Business News RE/MAX Holdings Outpaces Its Cost of Capital, Showcasing Robust Financial Health

Business
RE/MAX Holdings, Inc. (NYSE: RMAX), a global leader in the real estate franchise sector, is demonstrating strong financial discipline by effectively generating returns that...

CWEB Business News The End of an Era: How the Demise of the De Minimis Exemption Reshapes US Shopping and Trade

Business
  A significant shift in US trade policy is set to directly impact the wallets of American consumers and the strategies of businesses both large...
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