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Business

CWEB Exclusive: Elon Musk-Led Tesla Launches Robotaxi in Austin – Early Riders Get Exclusive $4.20 Flat Fare

CWEB Business News Austin, Texas – June 22, 2025 – In a breakthrough for autonomous mobility, Tesla, led by visionary CEO Elon Musk,...
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

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....

Asian Stocks Edge Higher Despite Trade Tensions and Soft Economic Data

Business
Asian equities posted modest gains on Tuesday, bolstered by strength in tech shares tracking Wall Street, though investor sentiment remained fragile amid escalating U.S.-China...

KBR, Inc. (NYSE:KBR) Overview: A Potential Investment Opportunity

Business
Monthly gain of 1.20% indicates a steady upward trend and positive investor sentiment. Short-term decline of 7.00% in the last 10 days could present a...

Levi Strauss & Co. (NYSE:LEVI) Stock Analysis: A Deep Dive into Financial Health and Growth Prospects

Business
Levi Strauss & Co. (NYSE:LEVI) has seen a significant increase of approximately 6.51% over the past month, indicating strong investor confidence. The company's stock price growth...

Sanofi to Acquire Blueprint Medicines for $9.5?B, Bolstering Immunology Pipeline

Business
French pharma leader Sanofi (NASDAQ:?SNY) announced on Monday that it will buy clinical?stage biotech Blueprint Medicines (NASDAQ:?BPMC) for $129 per share in cash, valuing...

Early Use of Camizestrant Cuts Progression Risk by 56 percent in HR+/HER2– Breast Cancer

Business
Treating women with hormone receptor–positive, HER2-negative breast cancer using AstraZeneca’s (NASDAQ: AZN) experimental oral selective estrogen receptor degrader (SERD) camizestrant at the first sign...

HSBC Commits $4 B to Private Credit Funds Amid Bank Lending Pressures

Business
HSBC, Europe’s largest bank, announced a $4 billion capital injection into its private credit funds under HSBC Asset Management (HSBC AM). The move underscores...

Oil Jumps Over 2 percent as Geopolitics Overshadow OPEC+ Output Increase

Business
Oil prices surged in Asian trading on Monday, climbing more than 2% as escalating Russia–Ukraine tensions and potential new U.S. sanctions on Russian crude...

Asian Currencies Tread Water as Trade Tensions and Fed Outlook Weigh

Business
Most Asian currencies traded in a narrow range on Monday, with the U.S. dollar slightly softer amid renewed U.S.–China trade uncertainty and dovish signals...

Loop Capital Sees Tariff Upside for Apple Ahead of iPhone 17 Launch

Business
Loop Capital maintains a Hold rating on Apple Inc. (NASDAQ: AAPL) with a $215 price target, arguing that tariff-driven production shifts and pricing adjustments...

Oil Rallies Over 2 percent as OPEC+ Sticks to Modest Output Hike

Business
Oil prices surged more than $1 a barrel on Monday after OPEC+ decided to increase production by 411,000 barrels per day in July—matching the...

Gold Advances on Trade Tensions and Dollar Weakness

Business
Trade Tensions Propel Safe-Haven Demand Gold rallied in Asian trade on Monday as fresh signs of U.S.–China friction and uncertainty over President Trump’s tariff plans...

Asian Stocks Slide on Trade War Fears and Geopolitical Tensions

Business
Most Asian markets fell on Monday as U.S.–China trade worries resurfaced after President Trump accused China of breaching a recent deal—claims Beijing swiftly denied....

Edge AI Architectures: Ushering in the Personal AI Server Era

Business
Citi Research’s recent unveiling of inaugural edge AI architectures marks the dawn of the “personal AI server” era—where powerful, on?device AI transcends the cloud....

Union Investment Cuts Ties with ExxonMobil and EOG over Carbon Intensity

Business
German asset manager Union Investment announced it has divested from ExxonMobil (NYSE:XOM) and EOG Resources (NYSE:EOG) after identifying them as two of the most...

Asian Markets Slip as Trump’s Steel Tariff Threat Stirs Trade Tensions

Business
Asian share markets wavered on Monday as renewed U.S.–China trade frictions weighed on investor sentiment. President Trump’s weekend warning to hike steel and aluminum...

Sanofi to Acquire Blueprint Medicines for $9.5?B, Bolstering Immunology Pipeline

Business
French pharma leader Sanofi (NASDAQ:?SNY) announced on Monday that it will buy clinical?stage biotech Blueprint Medicines (NASDAQ:?BPMC) for $129 per share in cash, valuing...

Reassess Your Dollar Exposure: UBS’s Guide to Currency Allocation

Business
UBS recently urged investors to rethink their U.S. dollar weightings as shifting global dynamics could open the door to a weaker greenback. If you’ve...

Midweek Analyst Action: MSM, CLF, FICO & EXPI

Business
Several notable brokerages adjusted their outlooks this week, highlighting value opportunities and risks across diverse sectors. Below, we break down the key calls on...

Tesla’s Sweden Sales Down 53.7 percent in May as Competition Intensifies

Business
Tesla’s (NASDAQ: TSLA) new-vehicle registrations in Sweden plunged 53.7% year-over-year in May to just 503 units, according to Mobility Sweden data reported on Monday....

Trump’s Steel and Aluminum Tariffs Double to 50 percent: What It Means for Global Markets

Business
President Donald Trump’s surprise announcement on Friday that U.S. tariffs on steel and aluminum will double to 50%—effective June 4—has reignited concerns about rising...

Vodafone and Three UK Complete Merger to Form UK’s Largest Mobile Operator

Business
Vodafone (NASDAQ: VOD) and Three UK finalized their merger on Monday, creating a new entity—VodafoneThree—which combines the strengths of both carriers to become the...

Bitcoin Lingers Near $104K as Trade Tensions Spur Profit-Taking

Business
Bitcoin held relatively flat at $104,640.30 on Monday, after enduring heavy losses over the weekend amid renewed U.S.–China trade friction and rising U.S. tariffs....

CWEB EXCLUSIVE: President Trump Secures Historic Steel Renaissance – Announces 70,000 Jobs & $14B Economic Boom in Pittsburgh Victory

Business
PITTSBURGH, PA – In a powerful show of America-First leadership, President Donald J. Trump electrified a massive rally at a U.S. Steel plant today,...

American Eagle’s Weak Q1 Prompts Pullback on Outlook

Business
American Eagle Outfitters (NYSE:AEO) faced a rocky start to fiscal 2025, delivering quarterly results that fell short of expectations. The apparel chain reported a...

Dell Boosts Full-Year Outlook Despite Earnings Miss, AI Orders Shine

Business
Dell Technologies (NYSE:DELL) delivered an optimistic outlook for fiscal 2026, lifting its full-year profit guidance even as first-quarter earnings came in below expectations. The...

Elastic Shares Tumble 10 percent on Tepid Fiscal 2026 Outlook Despite Strong Q4

Business
Elastic N.V. (NYSE:ESTC) delivered a strong finish to its fiscal year with fourth-quarter results that topped expectations, but a cautious revenue outlook for the...

Marvell’s Record Revenue Fails to Impress as Shares Slip 5 percent on Muted Guidance

Business
Marvell Technology (NASDAQ:MRVL) kicked off fiscal 2026 with a strong revenue performance, but its in-line results and cautious outlook failed to spark investor enthusiasm....

NetApp Posts Tepid Outlook Despite Record Fiscal Year

Business
NetApp (NASDAQ:NTAP) issued a lukewarm forecast for the current quarter, undercutting an otherwise strong finish to its fiscal year. The data storage and management firm...

PagerDuty Stock Slides 11 percent on Weak Guidance Despite Solid Q1 Beat

Business
PagerDuty (NYSE:PD) shares dropped nearly 11% intra-day today after the company’s strong first-quarter performance was overshadowed by a weaker-than-expected outlook for the upcoming quarter...

Lantern Pharma Inc. (NASDAQ:LTRN) Focuses on Precision Oncology Therapies with AI

Business
Lantern Pharma's LP-184 shows promising results in treating rare pediatric cancer, Atypical Teratoid Rhabdoid Tumors (ATRT). The stock of Lantern Pharma has experienced a decrease...

Uber Technologies (NYSE: UBER) Faces Competitive Pressures Amid Tesla’s Robotaxi Advancements

Business
Morgan Stanley upgraded Uber to "Outperform" with a stock price of $83.61. Uber's stock experienced a decline, falling to its lowest point since May 12...

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) Faces Setbacks but Maintains Buy Rating

Business
Guggenheim maintains a "Buy" rating for Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) despite challenges, including the delayed regulatory submissions of Itepekimab. The delay in Itepekimab's approval has...

Civitas Resources, Inc. (NYSE:CIVI) – A Promising Investment in the Energy Sector

Business
Recent price decline of approximately 2.68% over the past month, with a more pronounced drop of 8.56% in the last 10 days, potentially offering...

Nu Holdings Ltd. (NYSE:NU) and Its Financial Efficiency in the Digital Banking Sector

Business
Nu Holdings Ltd. (NYSE:NU) showcases efficient capital utilization with a ROIC of 17.44% surpassing its WACC of 13.20%, indicating effective returns above its cost...

UiPath Inc. (NYSE:PATH) Maintains Equal-Weight Rating and Shows Strong Financial Performance

Business
Wells Fargo maintains an Equal-Weight rating for UiPath Inc. (NYSE:PATH), with the stock price at $13.31. UiPath reported earnings of 11 cents per share and...

Roivant Sciences Ltd. (NASDAQ:ROIV) Financial Performance Analysis

Business
Roivant Sciences Ltd. reported an EPS of -$0.29, missing the estimated EPS of -$0.16, indicating a negative earnings surprise of 37.5%. The company generated $7.57...

Capri Holdings Limited (CPRI) Sees Price Target Increase by Telsey Advisory

Business
Dana Telsey of Telsey Advisory Group has raised the price target for NYSE:CPRI to $20, indicating an 8.05% potential upside. Despite a significant fourth-quarter adjusted...

Ulta Beauty, Inc. (NASDAQ:ULTA) Surpasses Financial Expectations

Business
Earnings Per Share (EPS) of $6.70, beating the estimated $5.81 and showcasing a 16.12% earnings surprise. Revenue Growth: Reported revenue of $2.85 billion, surpassing the...

Capri Holdings Limited (NYSE:CPRI) Analyst Update and Financial Performance

Business
Telsey Advisory updated its rating for NYSE:CPRI to "Market Perform" with a price target increase from $17 to $20. Despite a fourth-quarter adjusted loss of...

UBS Maintains “Buy” Rating on Foot Locker, Inc. (NYSE:FL)

Business
Foot Locker's first-quarter fiscal 2025 results show a revenue of $1.79 billion, a 4.5% decline from the previous year. The company's earnings per share (EPS)...

UiPath Inc. (NYSE: PATH) Surpasses Market Expectations with Strong Financial Performance

Business
UiPath reported an earnings per share (EPS) of $0.11, beating the estimated $0.10, showcasing its strong financial management. The company achieved a revenue of approximately...

CrowdStrike Holdings Inc. (NASDAQ: CRWD) Earnings Preview: Key Insights

Business
Wall Street anticipates earnings per share of $0.66 and revenue of approximately $1.1 billion for the upcoming quarterly earnings. Despite a recent slight decline, CRWD's...

Dollar General Corporation’s Quarterly Earnings Preview

Business
Analysts estimate Dollar General's EPS to be $1.47, indicating a 10.9% decline from the previous year, yet revenue is expected to rise by 3.7%...

Canadian Imperial Bank of Commerce (CIBC) Financial Performance Analysis

Business
CIBC reported an EPS of $1.49, surpassing the estimated $1.34, marking a consistent trend of outperforming consensus EPS estimates. The bank achieved a revenue of...

Canopy Growth Corporation (NASDAQ:CGC) Faces Challenges Amid Financial Strategies and Market Volatility

Business
Canopy Growth Corporation (NASDAQ:CGC) is navigating through stiff competition and market volatility, with its stock price currently at $1.71. The company is expected to report...

HealthEquity, Inc. (NASDAQ:HQY) Quarterly Earnings Preview

Business
Earnings Per Share (EPS) is expected to increase by 1.3% to $0.81. Projected revenue growth of 11.7% to $321 million indicates a positive financial trend. The...

Understanding indie Semiconductor’s Financial Performance in the Competitive Market

Business
indie Semiconductor, Inc. (NASDAQ:INDI) specializes in semiconductors for the automotive industry, focusing on ADAS, user experience, and electrification. indie's Return on Invested Capital (ROIC) is...
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