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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

U.S. Equities Weather Policy Uncertainty but Volatility Looms

Business
Despite a rocky start to 2025—rife with fiscal concerns and growth worries—stocks have held up better than expected. The S&P 500 is down only...

Intuit Raises Full-Year Outlook on Stellar Q3 Tax-Season Performance

Business
Intuit (NASDAQ:INTU) beat Wall Street handsomely in fiscal Q3, reporting adjusted EPS of $11.65 on $7.75 billion in revenue—versus consensus of $10.91 and $7.56...

Workday Q1 EPS and Revenue Beat Estimates

Business
Workday (NASDAQ:WDAY) kicked off its fiscal year strongly, reporting Q1 EPS of $2.23—$0.22 above the $2.01 consensus—and revenue of $2.24 billion, topping the $2.22...

JOYY Q1 EPS Tops Estimates on Strong Revenue

Business
JOYY Inc (NASDAQ:JOYY) reported first-quarter EPS of $1.18, outpacing the $1.00 consensus, while revenue of $494.35 million beat the $490 million estimate. Shares closed...

Sanofi and VNVC Open Vaccine Manufacturing Hub in Vietnam

Business
Sanofi (NASDAQ:SNY), in partnership with Vietnam Vaccine JSC (VNVC), officially inaugurated a new vaccine production facility in Vietnam on Tuesday—an operation poised to serve...

Trump Media Targets $3 Billion Crypto War Chest to Fuel Financial Services Push

Business
Trump Media & Technology Group, the company behind Truth Social, is planning an ambitious $3 billion capital raise—$2 billion in equity and $1 billion...

Sony Sets Stage for Sony Financial Group Spin-Off at Investor Day

Business
Sony (NYSE:SONY) will unveil Thursday its growth blueprint for Sony Financial Group—the banking and insurance arm poised to spin off via a direct listing...

U.S. Futures Rally on Tariff Delay Ahead of Nvidia Earnings

Business
U.S. stock index futures jumped sharply on Monday evening as President Trump agreed to delay 50% tariffs on EU imports until July 9, easing...

Gold Pulls Back as Trump’s Tariff Delay Fuels Risk Appetite

Business
Gold extended its recent slide on Tuesday, with spot prices dipping 0.5% to $3,326.53/oz and August futures off 1.2% at $3,353.09/oz, as President Trump’s...

Fed’s Kashkari Warns Tariffs Could Trigger Stagflation

Business
Minneapolis Fed President Neel Kashkari sounded the alarm on Monday, cautioning that President Trump’s trade tariffs risk driving a stagflationary environment—where slowing growth and...

Citi Lifts Gold Target to $3,500/oz on Tariff Fears and Geopolitical Tensions

Business
Citi this week revised its near-term gold forecast to $3,500 per ounce, up from a $3,000–$3,300 range, driven by renewed U.S. tariff threats against...

Asian Markets Tread Water Ahead of Nvidia Earnings and Tariff Talks

Business
Most Asian bourses traded in a narrow range on Tuesday, as investors stayed cautious over potential new U.S. trade tariffs while Japanese stocks rebounded,...

Jefferies Raises Instacart Price Target to $50 on Growth Potential

Business
Jefferies lifted its price target on Instacart (NASDAQ:CART) to $50 from $48, maintaining a Hold rating as analysts see upside in gross transaction value...

Morgan Stanley Names Coupang Top Pick, Lifts Price Target to $32

Business
Morgan Stanley raised its price target on Coupang (NYSE:CPNG) to $32 from $27, maintaining an Overweight rating and designating the Korean e-commerce giant as...

Truist Upgrades Wingstop to Buy, Hikes Price Target on Sales Reacceleration and Expansion Potential

Business
Truist Securities upgraded Wingstop (NASDAQ:WING) from Hold to Buy and sharply raised its price target to $400 from $274, citing growing confidence in a...

CWEB Exclusive: OpenAI Acquires Jony Ive’s IO in $6.5Billion Deal to Build Next-Gen AI Devices

Business
SAN FRANCISCO, CA — CWEB News Exclusive – In a transformative deal set to reshape the artificial intelligence (AI) and consumer technology industries, Sam...

Glass Lewis Backs Akio Toyoda’s Re?Election Amid Governance Scrutiny

Business
Advisory firm Glass Lewis has shifted its stance, recommending shareholders vote for the re?election of Toyota Motor (NYSE:TM) Chairman Akio Toyoda at the June...

Nvidia Unveils Lower?Priced Blackwell GPU Tailored for China

Business
Nvidia (NASDAQ:NVDA), currently sporting a consensus price target of $675 according to FMP’s Price Target Summary API, is set to roll out a new...

Xiaomi’s Upcoming Earnings Release and Investment Plans

Business
XIACY's earnings per share are expected to be $1.42 with projected revenue of $109.1 billion. The company plans to invest nearly $28 billion in...

Paycom Software, Inc. (NYSE:PAYC) Maintains Hold Rating Amidst Strong Market Performance

Business
Jefferies maintains a "Hold" rating for Paycom Software, Inc. (NYSE:PAYC) but raises the price target from $130 to $155. Paycom's stock has seen a significant...

Seagate Technology Holdings plc (NASDAQ:STX) Eyes Growth Amid Rising Data Storage Demand

Business
Seagate Technology Holdings plc, trading under the symbol NASDAQ:STX, is a prominent player in the data storage industry. The company specializes in mass-capacity storage...

Sable Offshore Corp. (NYSE:SOC) Sees Positive Outlook from Roth Capital with a Price Target of $37

Business
Leo Mariani of Roth Capital sets a price target of $37 for NYSE:SOC, indicating a potential upside of 15.26% from its current price. SOC successfully...

FiscalNote Holdings, Inc. (NYSE:NOTE) Capital Efficiency Analysis

Business
FiscalNote Holdings, Inc. (NYSE:NOTE) is a company that provides legal and regulatory data and insights. It helps organizations manage their compliance and policy needs....

EHang Holdings Limited Reports Mixed Q1 2025 Results Amid Urban Air Mobility Expansion

Business
EHang Holdings Limited (NASDAQ:EH) Reports Mixed Q1 2025 Results Amid Urban Air Mobility Expansion EHang Holdings Limited (NASDAQ:EH), a leader in the Urban Air Mobility...

Trump Expands Smartphone Tariffs to Apple and Samsung

Business
U.S. President Donald Trump announced on Friday that a 25% tariff on imported iPhones will also extend to Samsung and other smartphone makers, while...

Informatica Shares Jump as Salesforce Reignites Acquisition Talks

Business
Shares of Informatica (NYSE: INFA) leapt over 20% today after Bloomberg reported that Salesforce (NYSE: CRM) is in renewed discussions to acquire the cloud...

Oracle Commits $40 B to Nvidia Chips for OpenAI’s U.S. Stargate Data Center

Business
Oracle (NYSE: ORCL) is set to purchase roughly 400,000 of Nvidia’s (NASDAQ: NVDA) top-tier GB200 chips—an investment totaling $40 billion—to power OpenAI’s new data...

China-Listed Apple Suppliers Slip After Trump’s iPhone Tariff Threat

Business
U.S. President Donald Trump’s warning of a 25% levy on imported iPhones reignited trade-war jitters on Monday, pulling down shares of key China-listed Apple...

Analysts Eye Nvidia and Tesla as AI Earnings and Strategies Come into Focus

Business
Stifel: Nvidia “Attractively Valued” Ahead of Q1 Results Stifel Research remains positive on Nvidia Corporation (NASDAQ:NVDA) as the company prepares to report fiscal Q1 earnings...

VietJet Expands Fleet with 20 More Airbus A330neos to Fuel Long-Haul Growth

Business
Vietnam’s budget carrier VietJet has inked a deal for 20 additional A330neo wide-body jets, doubling its pending order book to 40 aircraft as it...

Apple Suppliers Slip as Trump’s Tariff Threat Sends Ripples Through Tech Supply Chain

Business
Apple Inc.’s (NASDAQ: AAPL) key Asian partners saw shares retreat on Monday after President Trump threatened to impose a 25% tariff on all imported...

Asian Currencies Tick Up as Dollar Slides on Tariff Delay

Business
Asian currencies eked out small gains on Monday, with the U.S. dollar extending its pullback after President Trump postponed 50% tariffs on EU imports...

EU Antitrust Probes Dig Deeper into Visa and Mastercard’s Fee Structures

Business
EU regulators have expanded their antitrust investigation into Visa (NYSE:V) and Mastercard (NYSE:MA), deploying a fresh questionnaire to terminal providers and payments companies. This...

Moody’s Upgrades Atlassian to Baa2 on Strong Cloud Momentum

Business
On May?23, 2025, Moody’s Ratings raised its assessment of Atlassian’s (NASDAQ:TEAM) senior unsecured notes to Baa2 from Baa3, and similarly bumped its senior unsecured...

Glass Lewis Backs Akio Toyoda’s Re?Election Amid Governance Scrutiny

Business
Advisory firm Glass Lewis has shifted its stance, recommending shareholders vote for the re?election of Toyota Motor (NYSE:TM) Chairman Akio Toyoda at the June...

Nvidia Crafts Budget Blackwell GPU to Safeguard China Market

Business
Nvidia (NASDAQ:NVDA) is racing to introduce a cost?effective Blackwell GPU for China by June—priced at $6,500–$8,000, versus $10,000–$12,000 for its now?banned H20 model—to maintain...

Nvidia Earnings in Focus as Treasury Yields Surge on Fiscal Fears

Business
Wall Street turns its spotlight to Nvidia’s (NASDAQ:NVDA) quarterly report on Wednesday, the final “Magnificent Seven” megacap to release results this season. After a...

Chevron–Hess Merger Faces Monday Arbitration Showdown

Business
Exxon Mobil (XOM) and CNOOC (CEO) will clash with Chevron (CVX) and Hess (HES) on Monday in a London arbitration hearing that could scuttle...

Bitcoin Eyes $112K Resistance as Regulatory Cheers Bolster Confidence

Business
Bitcoin edged higher on Monday, rising 1.2% to $109,457.90 as of 01:18?ET amid a modest rebound from last week’s record peak near $112,000. According...

This Week’s Analyst Rating Roundup: Reddit, HPE, UnitedHealth, Planet Fitness

Business
A flurry of broker actions hit the tape this week, shifting price targets and outlooks across social media, enterprise tech, health care, and consumer...

Nvidia Unveils Lower?Priced Blackwell GPU Tailored for China

Business
Nvidia (NASDAQ:NVDA), currently sporting a consensus price target of $675 according to FMP’s Price Target Summary API, is set to roll out a new...

Asia Markets Steady as Trump Delays EU Tariff Deadline; Euro Strengthens

Business
Stock markets across Asia held near flat on Monday as President Trump extended his threat to impose 50% tariffs on EU goods from June?1...

Trump’s Tariff Agenda: Trade, Revenue, Drugs—and a Push to Reshore Manufacturing

Business
U.S. President Donald Trump has framed his aggressive tariff program around four key objectives: rebalancing trade deficits, generating revenue to offset tax cuts, curbing...

Asia Markets Diverge as Trump’s Tariff Rollercoaster Roils Tech Stocks

Business
Most Asian indexes were mixed on Monday after U.S. President Trump’s weekend ultimatum—and subsequent delay—on higher European and smartphone tariffs, while Japanese equities extended...

CWEB NEWS EXCLUSIVE: Samsung Outshines Apple with World’s Slimmest Smartphone Launch – Analysts Weigh In on Tech Rivalry

Business
  By CWEB News | May 29, 2025 SEOUL, SOUTH KOREA — In a bold move capturing global tech headlines, Samsung Electronics (SMNG) has officially launched...

CWEB News Exclusive: President Trump, Wright, Hegseth and Burgum Launch U.S. Nuclear Renaissance

Business
By CWEB News Team | May 23, 2025 WASHINGTON, D.C. – In a historic moment for American energy and scientific advancement, President Donald J. Trump...

Booz Allen Hamilton Holding Corporation’s Financial Overview and Outlook

Business
Earnings Per Share (EPS) of $1.61, surpassing the estimated $1.59, indicating a positive trend in financial performance. Revenue of $2.97 billion fell short of the...

Autodesk Lifts Full-Year Outlook After Q1 Beat

Business
Autodesk (NASDAQ:ADSK) raised its full-year guidance after delivering stronger-than-expected fiscal Q1 results, fueled by accelerating demand for its cloud-based design and engineering solutions. For...
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