Post a Free Blog

Submit A Press Release

At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
Anime
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
Home Blog Page 8588

nCino Reports Q2 Beat & Raises Full Year Outlook, Shares Jump 7 percent

0


nCino (NASDAQ:NCNO) released its second-quarter results, with earnings per share (EPS) of $0.09, surpassing the analyst projection of $0.07. The quarter’s revenue amounted to $117.24 million, which exceeded the Street estimate of $114.98 million. As a result, shares jumped more than 7% intra-day today.
The company raised its full-year outlook. The software firm now projects an adjusted EPS for the full year ranging from 38 cents to 41 cents, a slight increase from the earlier range of 37 cents to 40 cents. Furthermore, nCino anticipates the full-year revenue to fall within the range of $475.0 million to $478.5 million, slightly elevated from the previous range of $474.0 million to $478.5 million. Analysts had initially estimated full-year EPS of 38 cents on revenue of $476.6 million.
Regarding the third quarter, nCino forecasts revenue in the range of $120.0 million to $121.0 million, slightly below the Street estimate of $121.3 million. The adjusted EPS for the third quarter is anticipated to be between 10 cents and 12 cents, aligning with expectations.

PVH Reports Q2 Beat, Shares Slightly Up

0


PVH (NYSE:PVH) saw its shares rise more than 1% intra-day today as the parent company of fashion brands Tommy Hilfiger and Calvin Klein surpassed Q2 expectations.
The company revealed adjusted earnings per share of $1.98, accompanied by revenue of $2.21 billion. Analysts had predicted adjusted earnings of $1.76 per share on revenue of $2.19 billion.
PVH projected that its third-quarter earnings per share would be around $2.70, with revenue expected to grow in the middle-single digits compared to the same period last year.
For the full year, the company forecasts adjusted earnings per share of $10.35, with revenue expected to rise between 3% and 4%.

Apple to Increase iPhone 15 Pro Price by $100 to $200, Analysts Expect

0


Apple (NASDAQ:AAPL) has revealed that its highly anticipated special event is scheduled for September 12. Anticipated announcements include the introduction of the iPhone 15 and iPhone 15 Pro. These models are rumored to bring significant improvements such as new color selections, enhanced battery performance, a shift from Apple’s proprietary lightning connector to USB-C, faster charging, and notably upgraded camera capabilities.
BofA Securities analysts think the focus of the upcoming event will be the new iPhone’s pricing and the timing and sequence of its launch.
Citi analysts anticipate Apple will raise prices for the iPhone 15 Pro versions by $100 to $200.

HP Drops 8 percent on Q3 Revenue Miss & Weak Guidance

0


HP (NYSE:HPQ) shares fell more than 8% intra-day today after the company released its fiscal third-quarter revenue figures that fell short of expectations, along with less robust annual earnings guidance due to a weak environment for PC demand.
The company reported an adjusted EPS of $0.86 on revenue amounting to $13.2 billion. Analysts had expected an adjusted EPS of $0.86 on revenue of $13.38 billion.
Looking ahead, HP projected an adjusted fourth-quarter EPS ranging from $0.85 to $0.97, compared to Wall Street predictions of an EPS of $0.95. For the year 2023, the company estimated an adjusted EPS within the range of $3.23 to $3.35, which falls below the estimated figure of $3.37.

NBA ref Eric Lewis retires amid league probe


NBA referee Eric Lewis retired on Wednesday amid a league investigation into whether he used a burner account on social media site Twitter, now X, to defend himself against critics.

A statement from the NBA said that Lewis retired “effective immediately.”

“In light of his decision, the NBA’s investigation into social media activity has been closed,” the league said.

Lewis, 52, worked more than 1,200 games in 19 seasons in the league. His last assignment was on May 16 for Game 1 of the Western Conference finals between the Denver Nuggets and Los Angeles Lakers.

However, he was facing discipline from the league if investigators connected him as the owner to the Twitter account @CuttliffBlair.

Lewis was not among 12 officials selected to work the NBA Finals while the league investigated.

The account was brought to light by Twitter user @PabloEscoburner in May. The account @CuttliffBlair was created in November 2015 and, according to screengrabs posted by PabloEscoburner, had been a constant defender of Lewis and NBA officiating overall, responding to negative tweets and highlighting Lewis’ work.

When PabloEscoburner first tweeted about the account and a possible link to Lewis, CuttliffBlair replied that the account was run by Lewis’ older brother, Mark. PabloEscoburner then showed the account as deleted later in the day.

Of note, the account followed six users: PabloEscoburner, four NBA-related accounts (@RefAnalytics, @OfficialNBARefs, @NBA and @NBAOfficial), and @MasonWBB — the official account of George Mason women’s basketball. Eric Lewis’ wife, Vanessa Blair-Lewis, is the head coach at George Mason.

–Field Level Media

Mavericks waive veteran C JaVale McGee


The Dallas Mavericks have parted ways with veteran center JaVale McGee.

The Mavericks waived McGee on Tuesday, 13 months after signing him to a three-year, $17.2 million deal.

Dallas plans to stretch the remaining $11.7 million it owes him over the next five years, ESPN reported.

McGee, 35, averaged 4.4 points and 2.5 rebounds in 42 games (seven starts) with the Mavs last season.

The 7-footer has career averages of 7.8 points and 5.2 boards in 863 games (343 starts) with eight teams.

A first-round pick by the Washington Wizards in 2008, McGee has won three NBA titles with the Golden State Warriors (2017, 2018) and Los Angeles Lakers (2020).

–Field Level Media

National Association of Realtors President Kenny Parcell has resigned over sexual harassment allegations.

0
Image Credit: Kenny Parcell Facebook

Following a slew of distressing sexual harassment claims, Kenny Parcell, the president of the National Association of Realtors (NAR), has tendered his resignation.

Two days after the New York Times published an article detailing complaints from current and former NAR workers, including improper touching, and sending lewd images and texts, Parcell announced his departure.

In 2021, Parcell was selected to serve as NAR’s president-elect. NAR is a non-profit real estate association with over $1 billion in assets. The Times’ research also revealed a “deep-rooted system of intimidation” at NAR intended to silence staff members who reported such behavior. It includes testimony from 29 current and former NAR employees and mentions 16 complaints of sexual harassment or inappropriate conduct against Parcell.

The issue has shocked the real estate sector, which prides itself on honesty, openness, and professionalism. This has sparked discussions about the duty of leaders to uphold moral behavior and promote a secure and welcoming atmosphere. The scenario as it develops calls into question the responsibility of leaders, the function of organizations in dealing with such problems, and the necessity of industry-wide cultural change.

NAR’s chief executive Bob Goldberg apologized to all who are employes at NAR.

Tracy Kasper, NAR’s president-elect, will take over early and complete Parcell’s one-year tenure as president, which was set to end in November.

Celebrity WEB Update— Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a  WebFans  Creator and Influencer.

CNN appoints ex NYT, BBC executive Mark Thompson as chief executive

0
Image Wikimedia Jind?ich Nosek (NoJin)

On Wednesday, CNN announced that former director general of the BBC and ex-president and CEO of the New York Times, Mark Thompson is the next chief executive of the network. Sir Mark Thompson has been credited with transforming both these leading media companies and is expected to lead CNN through turbulent times after CEO Jeff Zucker was forced to step down in February 2022 and Chris Licht left the network a few months ago.

CNN was functioning with the help of a team of four senior executives—Amy Entelis, Virginia Moseley, Eric Sherling, and David C. Leavy till the appointment of a new leader. They are expected to continue in their roles and will now report to Mark Thompson.

In a memo to CNN staff, David Zaslav, who is the CEO of Warner Bros. Discovery said that Mark Thompson would join the network on October 9. He described Thompson as the exact leader needed by the media company “to take the helm at this pivotal time. He also said that the real strength of CNN was “its people” and that they continued to “set the highest standard” in all that they did.

viewimage

Mark Thompson also wrote to CNN staff and mentioned the pressures faced by TV journalism. He noted that he had “no magic wand” to dispel disruption but he saw “opportunity” where others saw “threat” and commended CNN as a “great brand” and more.

CNN has been facing tough times with resignations, firings and more. It has also faced political scandals and a new merger. The network has also lost hundreds of thousands of viewers according to several reports.

Last week, CNN announced that it will be launching CNN Max. This will be a dedicated new hub throughout the day and night on the Max streaming service. Max streams content from the portfolios of companies belonging to Warner Bros. Discovery networks.

Celebrity WEB Update— Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a  WebFans  Creator and Influencer.

A Nanoengineer Teamed Up with Rihanna’s Tattoo Artist to Make Smarter Ink

0

Image: Lev Radin

Mad-scientist kind of moments happen fairly often for nanoengineer Carson Bruns. A few months ago, in his lab at the University of Colorado-Boulder, he tested his latest invention on his own arm and asked a colleague for help.

“We were like, ‘OK, we’re going to tattoo ourselves. Can you help us today?’” he said.

The tattoo is like a freckle, a little blue dot. But he can turn it on and off. Like the way a mood ring changes color with temperature, this tattoo changes with light: Ultraviolet light to turn it on, daylight (or even a flashlight) to turn it off.

“You can go to court and turn it off, and then go to the party and turn it on. And then go to Grandma’s house and turn it off,” said Bruns, who is affiliated with the university’s ATLAS Institute, which prides itself on fostering out-of-the-box ideas.

Bruns started a company with tattoo-artist-to-the-stars Keith “Bang Bang” McCurdy, along with a former doctoral student. Early next year, they plan to release their first product, Magic Ink, to a group of handpicked artists. The business partners have long-term hopes for smart tattoos that have a health value, but cosmetics are cheaper and simpler to get to consumers than medical devices. So, that’s where they start.

The new ink will enter the market in a moment of flux for the regulation of cosmetics. The FDA steps in to urge a recall if an ink causes a bacterial outbreak but traditionally has not exercised its regulatory might over tattoo ink products as it does with other products that go into the body. (Tattoo inks don’t even have to be sterile.) But following the Modernization of Cosmetics Regulation Act of 2022, the FDA is expanding its authority over tattoo manufacturers. The agency is now accepting comments on draft guidance about tattoo ink preparation.

Credit Andrea Raffin

“To be honest with you, I don’t think either the FDA or the tattoo ink industry really knows what that’s going to look like,” said John Swierk, a chemist at the State University of New York-Binghamton. But, he said, the law does mean “the FDA has a new charge to really ensure that labeling is correct and good manufacturing practices are being followed.”

Bruns said Magic Ink is made of particles of dye, encased in beads of plexiglass — the same polymethyl methacrylate material in those dermal fillers people use to plump their lips. Dermal fillers are FDA-approved, whereas tattoo ink contents can be like a black box.

Swierk said many of the tattoo pigments in use now have been around a long time, which gives some users a base comfort level about their safety. But new material comes with new unknowns.

“If somebody is going to get tattooed with Magic Ink, they have to accept a degree of uncertainty about what the future is going to hold with that ink,” Swierk said.

https://www.parisjewelry.com/

Bruns recently received funding from the National Science Foundation, which he plans to use for probing which size and type of nanoparticles are less likely to irritate the immune system and more likely to stay put where they’re placed. The immune system has been known to haul off bits of tattoo ink to the lymph nodes, dyeing them blue and green.

While Magic Ink is a cool party trick, Bruns and his colleagues have made other inks that align with their bigger goal: to make tattoos helpful.

Bruns and his colleagues have made one that changes color when exposed to gamma radiation — envisioning it might someday work as a built-in exposure meter. Another ink shows up when it is time to put on sunscreen. He developed yet another ink intended to act as a permanent sunscreen. None of those are available to consumers, though the permanent sunscreen is furthest along. That ink has been tested in a small group of mice; the others have been tested on pigskin.

Bruns started a company, Hyprskn, a few years ago, when Bang Bang came across his work and suggested they team up.

The name Bang Bang might not ring a bell, but the tattoos he’s done are very public: They’re cascading down Rihanna, scattered across Miley Cyrus, and peering out from LeBron James, among others. Turns out, Bang Bang loves tech.

“I would like to wave my hand and pay with my AmEx, or walk up to my car and it knows it’s me,” he said. Or, he continued, maybe there could even be health applications — like alerting him if his blood sugar is high or low, just by looking at the color of his tattoos.

Scientifically, that is still way far off. If tattoo ink were to make the leap from cosmetics into the medical realm, it would require clearing all sorts of regulatory hoops.

“There’s a lot of steps between where we are today and getting a functional tattoo that’s going to tell you something about your health,” Swierk said. “A lot of steps.”

https://organicgreek.com

But Bang Bang thinks the product they’re taking preorders for is step one toward building a consumer base that would be open to tattooable tech.

The first product they’re offering to consumers is Magic Ink. It’s a lot like that blue freckle on Bruns’ arm, except it’s red. For now, that’s the only color available for purchase.

“That’s how you can excite people,” said Bang Bang. “It’s almost a Trojan horse into that new goal of how do we bridge the gap between tattoo and technology.”

It’s $100 for a half-ounce bottle. That’s a lot more than regular ink costs. If the product takes off, the University of Colorado-Boulder will also benefit, as it owns the intellectual property.

Bang Bang is among a few dozen people, many of them tattoo artists, who are already wearing the ink in their skin.

Tattoo artist Selina Medina has been in the business more than 20 years and used to work for an ink manufacturer. She spends a lot of time advocating for tattoo safety, volunteering with several national and international groups focused on the issue.

A photo of a scientist working in a laboratory.
Scientist Carson Bruns’ laboratory at the University of Colorado-Boulder makes tattoo inks by mixing, stirring, evaporating, and spinning a series of liquids until they end up with particles of dye encased in beads of plexiglass. (RAE ELLEN BICHELL/KFF HEALTH NEWS)

“I’d probably give it a year in the market before I would buy it. But it does look really interesting,” said Medina, who is on the board of directors for the Alliance of Professional Tattooists.

Medina hopes this ink is different from the UV inks she saw pop up in the 2000s, which would glow under a black light.

“It seemed like an awesome idea, but then we noticed that it faded really fast,” she said. “It would just disappear. We didn’t know what it did. We didn’t know where it went. And that was just kind of like, ‘What the hell is this stuff?’”

She expects her customers will be clamoring for Magic Ink before she’s ready to purchase it.

Looking further afield, some companies are already investing in technology embedded in the skin. A European company called DSruptive makes injectable thermometers. It said about 5,000 people — living primarily in Sweden, Japan, the U.S., and the United Kingdom — have had the devices installed. Ali Yetisen, an engineer at Imperial College London, said for companies eyeing tech embedded in the skin, diabetes is a big focus.

https://organicgreek.com

“That’s where the money is. Most companies invest in this area,” said Yetisen. The dream is to create something like a tattoo that could measure blood sugar in real time, and be long-lasting, he said.

“That’s the holy grail of all medical diagnostics,” he said.

While Bruns’ inventions sense external factors like light and radiation, for manufacturers looking to develop in-body tech that reacts to the blood, there are other scientific hurdles. The immune system forms little shells around foreign bodies, effectively putting up a wall between a sensor and the blood.

No one has really figured a way around that yet, said Yetisen, but a lot of people are trying.

KFF Health News is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs at KFF—an independent source of health policy research, polling, and journalism. Learn more about KFF.


Celebrity WEB Update— Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a  WebFans  Creator and Influencer.

Best Buy quarter results exceed expectations, stocks rise by 5 percent, retailer lowers sales outlook

0
Best Buy Corporate

On Tuesday, Best Buy (BBY) reported its second quarter results, and it exceeded analysts’ estimates. However, the giant retailer lowered its sales outlook for the year as there is a slowdown in spending on electric items, computers, kitchen items and more. This trend has been seen among other retailers as well since consumers prefer spending on travel and experience after the big expenditure during the pandemic. The stock price jumped by almost 5 percent, early trading.

Accordingly, to Refinitiv, the earnings per share was $1.22 while analysts had estimated $1.06. Best Buy also posted a higher revenue of $9.58 billion compared to analysts’ expectations of $9.52 billion.

During the fiscal second quarter ending July 29, the consumer electronics retailer saw its net income fall to $274 million, which is $1.25 per share. In the same quarter last year, net income was $306, which is $1.35 per share.

https://organicgreek.com

Best Buy also saw a fall in comparable sales of 6.1 percent. Online sales year over year fell by 7 percent but continued to account for about 30 percent of its total revenue which is comparable to online sales in 2022.

Best Buy lowered its outlook for the year. Its earlier revenue estimates ranged between $43.8 billion to $45.2 billion. The new revenue estimate is now expected to be between $43.8 billion to $44.5 billion. It has also lowered comparable sales from 4.5 percent to 6 percent while the earlier guidance ranged from 3 percent to 6 percent.

Best Buy has raised its expected profit. The consumer electronics retailer is expecting adjusted earnings per share to range from $6 to $6.40 while its earlier estimate was between $5.70 to $6.50.

Best Buy, Home Depot and Lowe’s had high revenues and profits during Covid. However, all these retailers and several others have seen a slowdown. These retailers hope to see an improvement by the end of the year during the holiday season quarter.

Celebrity WEB Update— Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a  WebFans  Creator and Influencer.