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HomeBusiness

Business

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

Business
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. Fueled by the ongoing AI boom and soaring demand for cloud computing, Oracle stock surged...

BREAKING: President Donald J. Trump Secures Landmark U.S.-UK Trade Deal – A Major Win for American Workers and Businesses

Business
CWEB News Exclusive In a historic move that strengthens the special relationship between the United States and the United Kingdom, President Donald J. Trump and UK Prime Minister Keir Starmer announced today the signing of a landmark U.S.-UK trade agreement...

AIM ImmunoTech Inc. (AMEX:AIM) Strengthens Intellectual Property Portfolio Amid Financial Challenges

Business
AIM ImmunoTech Inc. (AMEX:AIM) has secured a U.S. patent for manufacturing methods of double-stranded RNA, including Ampligen®, extending protection until 2041. The company's CEO, Equels Thomas K, demonstrates confidence in AIM by purchasing additional shares, despite the company's current financial...

Paysign Gets Price Target Bump as Plasma Network Expands Sharply

Business
DA Davidson raised its price target on Paysign (NASDAQ:PAYS) to $8 from $7 while reaffirming a Buy rating, following a major boost to the company's plasma donation center footprint. Paysign recently announced the addition of 132 established plasma centers through...

Citi Lowers Rating on Sherwin-Williams Amid Housing Market Headwinds

Business
Sherwin-Williams (NYSE:SHW) saw its rating cut by Citi from Buy to Neutral, with the price target trimmed to $385 from $405, as analysts flagged ongoing challenges in the housing sector that could weigh on near-term performance. As a result,...

Meta Doubles Down on AI With $14.3B Scale AI Deal, Citi Sees Long-Term Upside

Business
Citi is maintaining its bullish stance on Meta Platforms (NASDAQ:META), reiterating a Buy rating and a $690 price target following the tech giant’s $14.3 billion investment in Scale AI. The deal grants Meta a 49% stake in the artificial...

Diodes Gets Price Target Boost as New Leadership Charts Growth-Focused Course

Business
Benchmark raised Diodes (NASDAQ:DIOD) price target from $55 to $62 while maintaining a Buy rating. The upgrade reflects growing optimism around the company’s evolving strategy under its recently appointed leadership team. Following meetings with CEO Gary Yu and CFO Brett...

RH Soars 22 percent After Surprise Q1 Profit

Business
RH (NYSE:RH) shares surged more than 22% intra-day today after the upscale furniture brand defied expectations with an unexpected first-quarter profit, signaling resilience amid economic headwinds. The company earned 13 cents per share, surprising analysts who had anticipated a loss...

Akamai Technologies Inc. (NASDAQ:AKAM) Faces Competitive Pressures Despite Strong Financials

Business
Akamai Technologies Inc. (NASDAQ:AKAM) is challenged by declining delivery revenues and shifts in pricing, even as it maintains a solid presence in the CDN sector. Insider transactions, such as the sale of shares by the Chief Technology Officer, can offer...

Alithya Group Inc. (ALYAF) Financial Overview and Market Performance

Business
Alithya Group Inc. (PNK:ALYAF) reported earnings per share of $0.05, surpassing the estimated $0.03, indicating effective cost management and operational efficiency. The company experienced a revenue shortfall, generating approximately $87.1 million against the estimated $88.59 million, pointing to challenges in...

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