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HomeBusiness

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

CWEB Business News: Oracle Founder Larry Ellison Regains Title as World’s Second Richest Man After Stock Surge

CWEB News Report – Oracle founder Larry Ellison has reclaimed his position as the world’s second-richest person, according to the latest Forbes Billionaires List....
Business

Investors Boost Bullish Bets on Asian Currencies as U.S. Dollar Wobbles

Business
A Reuters poll showed that investors have significantly increased their long positions in Asian currencies—including the Chinese yuan, Taiwanese dollar, and Philippine peso—driven by...

Nvidia Q1 Earnings Beat but China Export Ban Trims Q2 Outlook

Business
Nvidia (NASDAQ:?NVDA) delivered another stellar quarter, with Q1 adjusted EPS of $0.96 on $44.06?billion in revenue—surpassing Street estimates of $0.93 and $43.31?billion. However, the...

Gold Slips 0.5 percent in Asia as Court Ruling Fuels Risk Appetite

Business
Gold prices extended losses on Thursday in Asian trade, tumbling 0.5% to $3,273.19/oz after a U.S. court blocked President Trump’s planned tariffs—boosting equities and...

Asian Stocks Rally on Court Blocking of Trump Tariffs and Nvidia Momentum

Business
Most Asian markets climbed on Thursday, buoyed by a U.S. court ruling that halted President Trump’s planned reciprocal tariffs and tech-sector strength following upbeat...

Zscaler, Inc. (NASDAQ:ZS) Earnings Preview: A Mixed Financial Outlook

Business
Earnings per Share (EPS) is expected to decline by 14.8% year-over-year to $0.75. Revenue is projected to grow by 20.4% year-over-year, reaching approximately $667.1 million. The...

Hormel Foods Corporation (NYSE:HRL) Earnings Preview: What to Expect

Business
Hormel Foods Corporation (HRL) Earnings Preview: Key Financial Insights Hormel Foods Corporation, listed on the NYSE under the symbol HRL, is a well-known player in...

Ulta Beauty, Inc. (NASDAQ:ULTA) Earnings Preview and Analyst Insights

Business
Ulta Beauty, Inc. (NASDAQ:ULTA) is set to release its quarterly earnings with an expected EPS of $5.76 and revenue of approximately $2.79 billion. JPMorgan analyst...

Zhihu Inc. (NYSE:ZH) Earnings Overview: Surpasses EPS Estimates but Misses on Revenue

Business
Zhihu Inc. (NYSE:ZH) reported an EPS of -$0.01, beating the estimated EPS of -$0.03. The company posted a revenue of approximately $100.5 million. Zhihu's gross margin...

Macy’s, Inc. (NYSE:M) Stock Analysis: A Deep Dive into Financial Health and Future Prospects

Business
The consensus price target for Macy's, Inc. (NYSE:M) has been on a decline, indicating a cautious sentiment among analysts. Despite the overall declining trend, Deutsche...

e.l.f. Beauty, Inc. (NYSE: ELF) Analysts Adjust Price Targets

Business
e.l.f. Beauty, Inc. (NYSE: ELF) is a well-known cosmetics company that offers a wide range of beauty products. It competes with other major players...

NVIDIA Corporation (NASDAQ: NVDA) Overview: A Look at Its Market Position and Analysts’ Outlook

Business
Analysts' optimism for NVIDIA's stock has increased, with the average price target rising from $150 to $165.33, indicating a more positive outlook on the...

UiPath Inc. (NYSE:PATH) Quarterly Earnings Overview

Business
UiPath Inc. (NYSE:PATH) is set to release its quarterly earnings with an estimated EPS of $0.10 and revenue of $332.3 million. Despite a strong track...

Ituran Location and Control Ltd. (NASDAQ: ITRN) Quarterly Earnings Overview

Business
Earnings per share estimated at $0.70 with projected revenue of $88.47 million. Announced a dividend distribution of $0.50 per share, totaling $10 million. Significant growth with...

The Bank of Montreal (BMO) Financial Performance Overview

Business
Earnings Per Share (EPS) of $1.91, surpassing the estimated $1.84. Revenue of $6.32 billion, below the expected $8.71 billion. Net income increased to $1.962 billion for...

Bath & Body Works (NYSE: BBWI) Quarterly Earnings Preview

Business
Analysts expect earnings per share (EPS) of $0.46 and revenue of $1.42 billion, reflecting a 21% increase in earnings and a 3% rise in...

Capri Holdings Limited’s Financial Performance Analysis

Business
Earnings per Share (EPS) reported at -$4.90, significantly below the estimated -$0.16. Revenue exceeded estimates at approximately $1.04 billion, despite a year-over-year decrease. High debt-to-equity ratio...

HP Inc. (NYSE:HPQ) Maintains “Equal-Weight” Rating and Adjusts Price Target

Business
Morgan Stanley updated its rating for HP Inc. (NYSE:HPQ) to "Equal-Weight," with a price target increase from $25 to $29. HP is expected to report...

Salesforce (NYSE:CRM) Price Target and Acquisition Moves

Business
Keith Bachman from BMO Capital sets a price target of $350 for Salesforce (NYSE:CRM), indicating a potential increase of 26.34%. ...

Freshpet Downgraded at TD Cowen on Slowing Growth Concerns, Stock Drops 3 percent

Business
TD Cowen downgraded Freshpet (NASDAQ:FRPT) from Buy to Hold and set a $96 price target, citing concerns over slowing retail sales growth. As a...

Capri Holdings Posts Wider-Than-Expected Q4 Loss, But Shares Rise 5 percent

Business
Capri Holdings (NYSE:CPRI) reported a larger-than-anticipated adjusted loss for its fiscal fourth quarter, as revenue declined across all three of its major luxury brands....

Dick’s Sporting Goods Tops Q1 Estimates with Record Sales, Reaffirms 2025 Outlook

Business
Dick’s Sporting Goods (NYSE:DKS) reported first-quarter results that beat Wall Street expectations, posting record sales and strong comparable store growth. The company delivered adjusted...

Macy’s Beats Q1 Estimates But Cuts 2025 Guidance on Tariff and Spending Headwinds

Business
Macy’s (NYSE:M) reported better-than-expected first-quarter results but lowered its full-year 2025 outlook, citing the impact of tariffs, cautious consumer spending, and heightened promotional activity....

REX American Resources Beat Q1 Earnings, But Shares Fall 4 percent on Revenue Miss

Business
REX American Resources (NYSE:REX) reported stronger-than-expected fiscal Q1 2025 earnings, but shares dropped over 4% intra-day today on revenue miss. The ethanol producer posted adjusted...

Abercrombie & Fitch Soars 25 percent on Strong Q1 Earnings and Hollister Momentum

Business
Abercrombie & Fitch (NYSE:ANF) shares surged over 25% intra-day today after the retailer posted better-than-expected first-quarter earnings, fueled by strength in its Hollister brand. The...

Pinduoduo Inc. (PDD) Q1 2025 Earnings Report Analysis

Business
Pinduoduo Inc. (PDD) Q1 2025 Earnings Report Analysis Pinduoduo Inc. (NASDAQ: PDD), a leading e-commerce platform in China and operator of the global app Temu,...

Xiaomi Corporation Q1 2025 Earnings: Strong Growth in Smartphones and EVs

Business
Xiaomi Corporation Q1 2025 Earnings Report Highlights Xiaomi Corporation (XIACF, trading on the OTC Pink exchange), a leading Chinese technology and electric vehicle (EV) company,...

UBS Group AG (NYSE: UBS) Maintains Neutral Rating and Market Performance

Business
UBS Group AG (NYSE: UBS) is a leading global financial services company specializing in wealth management, asset management, and investment banking services. On May...

Champion Homes, Inc. (NYSE: SKY) Financial Performance Analysis

Business
Earnings per Share (EPS) of $0.65 missed the Zacks Consensus Estimate by 13.33%, indicating a potential area of concern despite a year-over-year increase. Revenue Growth...

MAC Copper Limited Enters Binding Agreement with Harmony: A Strategic Move with Potential Stock Implications

Business
MAC Copper Limited has entered into a binding Scheme Implementation Deed with Harmony, potentially reshaping future operations and strategic direction. The partnership could influence MAC...

Seanergy Maritime Holdings Corp. Performance Overview

Business
Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) reported an EPS of -$0.27, surpassing the estimated EPS of -$0.44, marking a significant improvement from the previous year. The...

DICK’S Sporting Goods, Inc. (NYSE: DKS) Analysts Adjust Price Targets Amidst Market Changes

Business
The consensus price target for DICK'S Sporting Goods, Inc. (NYSE: DKS) has been lowered from last year's $243.3 to $202, indicating a more conservative...

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Sees Positive Analyst Sentiment and Financial Growth

Business
The consensus target price for Kingsoft Cloud Holdings Limited (NASDAQ:KC) has increased from $10.75 to $18.30, indicating growing analyst confidence. Kingsoft Cloud reported a 29.6%...

Monro, Inc. (NASDAQ:MNRO) Faces Analyst Sentiment Shift Amid Upcoming Earnings

Business
The consensus price target for Monro, Inc. (NASDAQ:MNRO) has decreased from $23.67 to $15, indicating a more conservative outlook from analysts. Despite the decline in...

Sportradar Group AG’s Financial Performance in the Sports Data Sector

Business
Sportradar Group AG (NASDAQ:SRAD) is a leading global provider of sports data and content. The company offers a range of services, including data analytics,...

Abercrombie & Fitch Co. (NYSE: ANF) Fiscal First-Quarter Earnings Preview

Business
Earnings per Share (EPS) is expected to be $1.36, marking a significant decrease from the previous year's $2.14. Revenue is projected to rise to $1.06 billion,...

Dick’s Sporting Goods, Inc. (NYSE:DKS) Quarterly Earnings Preview

Business
Wall Street anticipates earnings per share (EPS) of $3.34 and revenue of approximately $3.6 billion for the upcoming quarterly earnings. Analysts forecast a 1.2% increase...

JPMorgan Raises Boot Barn Target to $207, Sees Upside to EPS Guidance on Sales and Margin Drivers

Business
Boot Barn (NYSE:BOOT) shares rose more than 1% pre-market today after JPMorgan increased its price target on the company to $207 from $196, reiterating...

Goldman Sachs Upgrades Terex to Buy, Sees Earnings Bottoming and Cyclical Upside Ahead

Business
Goldman Sachs upgraded Terex (NYSE:TEX) from Neutral to Buy and raised its price target to $60 from $45, citing signs of earnings stabilization and...

Stifel Cuts Lowe’s Price Target to $240, Maintains Hold on Cautious Outlook

Business
Stifel lowered its price target on Lowe’s (NYSE:LOW) to $240 from $250 while maintaining a Hold rating, following the company’s fiscal Q1 2025 earnings....

Marks & Spencer Group PLC (MAKSY) Quarterly Earnings and Cyberattack Impact

Business
Earnings Estimate: Wall Street analysts project earnings per share of $0.41 and revenue of $9.64 billion for the upcoming quarterly release. Cyberattack Financial Impact: A...

AutoZone, Inc. (NYSE:AZO) Sees Positive Analyst Sentiment with Rising Price Targets

Business
AutoZone's consensus price target has shown a notable increase over the past year, indicating strong analyst confidence. The average price target for AutoZone has risen...

Veeva Systems Inc. (NYSE:VEEV) Earnings Preview: Strong Growth Expected

Business
Earnings per share (EPS) is estimated at $1.74, marking a 16% increase year-over-year. Projected revenue of $728.4 million represents an 11.9% growth from the previous...

AnaptysBio, Inc. (NASDAQ:ANAB) Financial Performance and Competitive Landscape

Business
AnaptysBio, Inc. (NASDAQ:ANAB) is a biotechnology company focused on developing antibody therapeutics for inflammation and immuno-oncology. The company aims to address unmet medical needs...

What to Watch: Earnings Reports for May 27, 2025

Business
Earnings season rolls on, and Tuesday’s slate brings results from leaders across technology, shipping, and energy. Here’s your concise guide to the key reports—and...

Truist Downgrades Jack In The Box to Hold as Same-Store Sales Lag

Business
Downgrade Details and New Price Target On Monday, Truist cut Jack In The Box Inc (NASDAQ: JACK) to Hold from Buy and slashed its price...

Asian Currencies Steady as Yen Rallies on BOJ Rate-Hike Signal

Business
Most Asian currencies traded in narrow ranges on Tuesday, with the U.S. Dollar Index dipping slightly and the Japanese yen strengthening after the Bank...

Tesla’s European EV Sales Plunge 49 percent in April as Competition Heats Up

Business
Tesla Inc. (NASDAQ: TSLA) saw its European new-car registrations nearly halve year-on-year, sliding 49% to 7,261 units in April from 14,228 a year earlier....

Bitcoin Edges Higher Amid Regulatory Advances and Institutional Confidence

Business
Bitcoin ticked up 1.2% on Monday to $109,457.90, continuing its muted rebound after hitting a record high near $112,000 on Thursday. Profit-taking and large...
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