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Business

CWEB Business News: Guggenheim Boosts Disney (NYSE:DIS) Target

Guggenheim has increased its price target for The Walt Disney Company (NYSE:DIS) to $140, up from $120, while reiterating a Buy rating. The revised...
Business

CWEB Business News JPMorgan has reaffirmed its bearish outlook on Tesla Inc.

JPMorgan (JPM) has reaffirmed its bearish outlook on Tesla Inc. (NASDAQ: TSLA), maintaining an Underweight rating and a $115 price target, amid growing signs...
Business

Skechers Shares Rise 5 percent on Strong Q3 Earnings and Upgraded Outlook

Business
Skechers USA (NYSE:SKX) saw its shares soar 5% intra-day today after posting third-quarter earnings that surpassed Wall Street expectations and raising its full-year outlook....

Deckers Stock Jumps 11 percent on Strong Q2 Results

Business
Deckers (NYSE:DECK) shares surged more than 11% intra-day today following the release of impressive second-quarter earnings that outpaced analyst expectations. The footwear company, known...

Walmart to deliver prescription drugs in thirty minutes, web fans happy, CWEB reports

Business
Walmart (WMT) , the nation's largest retailer, has made many web fans happy by announcing that it will deliver prescription drugs and groceries in the...

Textron Inc. (NYSE: TXT) Faces Challenges Despite Revenue Growth

Business
Textron Inc. (NYSE:TXT) reported a revenue of $3.43 billion for Q3 2024, marking a 2.5% increase year-over-year but missing the Zacks Consensus Estimate. The company's...

Texas Roadhouse, Inc. (NASDAQ: TXRH) Financial Performance Analysis

Business
Earnings Per Share (EPS) of $1.26 missed the estimated $1.33 but showed growth from the previous year's $0.95. Revenue reached approximately $1.27 billion, a 13.5%...

Zynex, Inc. (NASDAQ:ZYXI) Financial Performance and Strategic Initiatives

Business
Zynex, Inc. (NASDAQ:ZYXI) reported earnings per share of $0.07, surpassing estimates and highlighting its financial resilience. The company's revenue of $49.97 million fell short of...

Bitcoin’s Stagnation Amid Weak Sentiment and Altcoin Losses

Business
As Bitcoin hovers around the $67,000 mark, market sentiment appears to be weakening, raising concerns among investors about the future trajectory of cryptocurrencies. This...

Dollar Weakens Amid Mixed Stock Performance and Election Risks

Business
As the financial markets grapple with ongoing uncertainty, the U.S. dollar is experiencing a notable decline, driven by fluctuating U.S. yields and mixed performance...

Futures Bounce Back After Selloff, Driven by Tesla’s 11 percent Surge

Business
In the aftermath of a recent market selloff, U.S. stock futures are witnessing a notable bounce, largely attributed to Tesla's impressive 11% jump in...

Gold Prices Experience Decline, Yet Record Highs Remain Within Reach

Business
Gold prices have recently experienced a decline, stirring discussions among investors about the precious metal's future trajectory. Despite the current dip, market analysts suggest...

Citi Maintains Positive Outlook on U.S. Stocks Amid Election Risks

Business
Citi's latest analysis reveals a steadfast belief in the resilience of U.S. stocks, despite the looming uncertainties of the upcoming elections. As political dynamics...

Capri Holdings Faces Setback After Merger Blocked by US Judge

Business
Capri Holdings, the parent company of luxury fashion brands including Versace, Michael Kors, and Jimmy Choo, is experiencing turbulence as a US judge recently...

Tesla’s Optimistic EV Growth Forecast Sparks Investor Confidence

Business
Tesla's recent earnings call brought more than just strong quarterly numbers; it brought a reaffirmation of the company's ambitious EV growth trajectory. This announcement,...

Market Movers: Tesla’s Strong Earnings and Boeing’s Labor Strikes

Business
In recent developments, Tesla's impressive earnings report and a wage-related strike at Boeing have become significant market movers. These events not only highlight challenges...

HSBC’s Optimism on S&P 500 Growth Amid “Goldilocks” Economic Conditions

Business
HSBC recently increased its S&P 500 target, citing a “Goldilocks scenario” in the economy—a term indicating conditions that are just right for growth: not...

Why Traders are Shifting from the “Trump Trade” in US Bond Markets

Business
Recently, analysts at BCA Research raised questions around the resilience of the “Trump Trade”—a bond market strategy based on policies and economic trends seen...

Can Tesla Catch Up with Waymo in Autonomous Vehicles? Analysts Weigh In

Business
Tesla has been a frontrunner in electric vehicle innovation, but when it comes to autonomous vehicles (AVs), some analysts argue the company may face...

What Analysts Are Saying About Tesla After Its Blockbuster Quarter

Business
Tesla’s recent quarterly performance has ignited strong reactions from analysts. Following a robust earnings report that exceeded expectations, Tesla has reaffirmed its position as...

The Real Threat to the S&P 500 Bull Market – It’s Not a U.S. Recession

Business
In a surprising turn, market analysts suggest that the most significant risk to the S&P 500’s bull run may not come from a potential...

S&P 500 Rebounds, Led by Tesla’s Gains

Business
The S&P 500 managed to break its three-day losing streak as Tesla shares surged, adding momentum to an otherwise cautious market. This recovery highlights...

Retail Investors Growing Less Bullish on Stocks: Insights from the Latest AAII Survey

Business
Recent data from the American Association of Individual Investors (AAII) survey reveals a notable shift in sentiment among retail investors, who are showing decreased...

Asia Stocks Muted as Japanese Shares Decline Amid Election and Yen Concerns

Business
Asian stock markets have shown a muted response recently, with Japanese shares in particular experiencing a dip due to mounting concerns around the upcoming...

ResMed Shares Climb 8 percent on Strong Q1 Earnings and Margin Expansion

Business
ResMed (NYSE:RMD) saw its shares rise 8% intra-day today following a robust first-quarter fiscal 2025 report that exceeded Street expectations. The sleep and respiratory...

Dow Inc. (NYSE:DOW) Surpasses Earnings and Revenue Estimates in Q3

Business
Dow Inc. (NYSE:DOW) reported a strong third-quarter performance with earnings per share (EPS) of $0.47 and revenue of approximately $10.88 billion, exceeding expectations. The company's...

TransUnion (NYSE:TRU) Financial Performance and Outlook

Business
TransUnion's Q3 2024 financial performance showed a significant improvement with a total revenue of $1.085 billion, marking a 12% increase year-over-year. The company reported a...

Regions Financial Corporation (NYSE:RF) Sees Positive Outlook from Analysts

Business
Kevin Heal from Argus Research sets a price target of $26 for NYSE:RF, indicating a potential increase of approximately 9.34%. Cetera Financial Group renews its...

Las Vegas Sands Falls Short of Q3 Expectations

Business
Las Vegas Sands (NYSE:LVS) reported third-quarter earnings that missed analyst estimates, driven by declining revenue and operational challenges. The casino operator posted adjusted earnings...

ServiceNow Shares Gain 5 percent After Strong Q4 Subscription Revenue Forecast

Business
Shares of ServiceNow (NYSE:NOW) shares rose more than 5% intra-day today following the company's announcement of a fourth-quarter subscription revenue forecast that surpassed Wall...

Spirit AeroSystems Shares Fall After Deeper-Than-Expected Q3 Loss

Business
Spirit AeroSystems (NYSE:SPR) saw its shares fall more than 1% intra-day today after reporting a much wider-than-anticipated quarterly loss. The aerostructure supplier posted a...

Lam Research Shares Climb 4 percent After Strong Q1 Earnings and Optimistic Outlook

Business
Lam Research (NASDAQ:LRCX) saw its shares rise more than 4% intra-day today following better-than-expected first-quarter earnings and revenue. The semiconductor equipment manufacturer also provided...

IBM Shares Drop 6 percent Despite Beating Q3 Earnings Expectations

Business
International Business Machines (NYSE:IBM) reported third-quarter earnings that surpassed analyst expectations, but a slight revenue miss sent its shares down more than 6% intra-day...

Tesla Shares Surge Over 11 percent After Beating Q3 Earnings Estimates and Projecting Delivery Growth

Business
Tesla's (NASDAQ:TSLA) third-quarter results exceeded Wall Street expectations, pushing shares of the electric vehicle giant up by more than 17% intra-day today. The company...

Allegion plc (NYSE: ALLE) Surpasses Earnings Expectations

Business
Allegion plc (NYSE:ALLE) reported an EPS of $1.99, exceeding estimates and showcasing its ability to surpass market expectations. The company's adjusted net earnings rose to...

L3Harris Technologies’ Strategic Moves in the Defense and Aerospace Sector

Business
Citigroup sets a price target of $291 for NYSE:LHX, indicating a potential upside of 19.01%. The partnership with Palantir Technologies aims to enhance digital transformation...

Nokia Corporation (NYSE:NOK) Announces Share Buyback and Receives Stock Upgrade

Business
Nokia Corporation (NYSE:NOK) accelerates its share buyback program, aiming to repurchase up to €600 million worth of shares to return value to shareholders. The company's...

Unilever’s Response to Boycotts: Strategic Changes in Indonesia

Business
Unilever is making significant shifts in its operations in Indonesia amid rising consumer boycotts. This move reflects the company's commitment to addressing customer concerns...

Market Overview: Asian Stocks Decline Amid Rising Yields and Weak Data

Business
Asian stock markets are experiencing a downturn as rising yields and disappointing economic data weigh heavily on investor sentiment. This combination of factors has...

Bitcoin Price Update: Stability at $67K Amid Rate Hikes and Elections

Business
As Bitcoin maintains a steady price at around $67,000, market participants are closely monitoring economic indicators and political developments. This stability reflects a cautious...

Market Insight: HSBC Lifts S&P 500 Target Amid “Goldilocks” Scenario

Business
In a notable shift, HSBC has raised its target for the S&P 500 as market conditions suggest a "Goldilocks" scenario—one that is neither too...

Market Update: US Stock Futures Rise After Positive Tesla Earnings

Business
US stock futures are on the rise, buoyed by Tesla's recent earnings report that exceeded analyst expectations. This surge in investor sentiment reflects broader...

Market Overview: Oil Prices Trend Higher, Eyeing Third Consecutive Weekly Gain

Business
Oil prices have shown resilience recently, edging higher as they aim for a third consecutive weekly gain. This upward momentum reflects ongoing market dynamics...

Market Insights: SK Hynix Reports Record Q3 Profit Amid AI Boom

Business
SK Hynix has made headlines recently by reporting a record profit for Q3, largely fueled by the booming demand for artificial intelligence (AI) technologies....

Market Highlights: Lam Research Surpasses Q1 Expectations, Shares Surge

Business
Lam Research has recently reported outstanding Q1 results, exceeding analysts' expectations and driving a notable increase in its share price. This performance signals strong...

Market Update: IBM’s Shares Drop on Soft Results Amid High Expectations

Business
IBM recently reported its earnings, which fell short of market expectations, causing a notable decline in its share price. This development has raised questions...

Market Movements: Tesla’s Strong Earnings and Boeing’s Wage Dispute

Business
Recent developments in the stock market have been significantly influenced by Tesla's impressive earnings report and the ongoing labor issues at Boeing. Understanding these...

Tesla’s Third Quarter Profit Margin Exceeds Expectations

Business
Tesla has once again captured the market's attention by surpassing profit margin estimates in its third quarter. This achievement not only highlights the company's...

Barclays Predicts European Stocks Could Rally After US Election

Business
In the wake of the recent US elections, Barclays has released an optimistic outlook for European stocks, suggesting they could experience significant gains as...

Bernstein’s Comprehensive Bitcoin Investing Guide: Key Insights

Business
In the ever-evolving world of cryptocurrency, Bitcoin remains a focal point for investors. Recently, Bernstein released a comprehensive guide aimed at demystifying Bitcoin investments,...
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