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Business

Google to invest $640 million in Netherlands data center, CWEB analysts upgrade Alphabet stock

Google's parent company, Alphabet (GOOGL), is increasing its investments in artificial intelligence and cloud computing in Europe. On Tuesday, it announced it would open...

Fintech One introduces BNPL, Walmart backed startup adds buy now pay later items at US stores

Walmart-backed (WMT) fintech One has introduced buy-now-pay-later (BNPL) loans for several oversized items at many Walmart stores nationwide. Walmart has a majority stake in...

FedEx announces digital platform offering e-commerce solutions to merchants

FedEx Corp announced the launch of a new digital platform called fdx. This platform will offer merchants a data-driven platform with e-commerce solutions for...

Rabbit R1 first batch, second batch sold out, announces third batch of preorders for AI powered device

Rabbit debuted its R1 at CES 2024 and was pleased that all preorders of its first batch of AI-powered devices sold out. The company...

FBI investigate Abercrombie & Fitch former CEO after claims of sexual exploitation and abuse

FBI has opened an investigation into multiple claims of sexual exploitation and abuse by the former CEO of Abercrombie & Fitch. Mike Jeffries and...

SolarEdge’s Rating Slashed at Barclays

Barclays analysts adjusted their rating for SolarEdge Technologies (NASDAQ:SEDG), downgrading it from Equalweight to Underweight, and reduced the price target from $74.00 to $50.00. The...

Ford Motor Falls 2 percent on UBS Downgrade

Shares of Ford Motor (NYSE:F) experienced a drop of more than 2% intra-day today. This decline followed a decision by UBS to downgrade the...

Tesla Stock Falls on Continued Price Cuts

Tesla (NASDAQ:TSLA) shares have seen a decline of over 2% intra-day today, following the company's decision to reduce prices on its Model Y electric...

Morgan Stanley Bullish on Baidu

Morgan Stanley analysts maintained their Overweight rating on Baidu (NASDAQ:BIDU), expressing optimism about the company's stock performance in the near term. The analysts commented that...

Spirit Airlines Shares Plunge on Federal Judge’s Decision to Block JetBlue’s Acquisition

Spirit Airlines' (NYSE:SAVE) shares experienced a further decline of 22% intra-day today. This downturn follows a federal judge's decision to block JetBlue's (NASDAQ:JBLU) proposed...

CEO Erika Ayers of Barstool Sports is departing the company

CEO Erika Ayers of Barstool Sports is reportedly departing the company; thus, the search for a new leader will commence. Ayers joined Barstool in...

CFRA Downgrades Coinbase Global to Sell

CFRA analysts downgraded Coinbase Global (NASDAQ:COIN) from Hold to Sell. The analysts' commentary follows a 14% decline in COIN shares since the SEC's approval...

BMO Capital Views Sherwin-Williams as a Promising Short and Long Term Investment Opportunity

BMO Capital analysts reaffirmed an Outperform rating with a target price of $340.00 for Sherwin-Williams (NYSE:SHW). The analysts' comments come in the wake of...

Microsoft’s Azure AI Services Projected to Reach $200 Billion in Revenue in 5 Years

Analysts at Goldman Sachs, recently indicated that Microsoft's (NASDAQ:MSFT) Azure AI Services could emerge as a leading force in generative AI in the near...

Boeing Shares Plummet Amid Analyst Downgrade and Delays in Deliveries to China

Boeing (NYSE:BA) saw its shares plunge by over 8% intra-day day, triggered by persistent issues with the Federal Aviation Administration (FAA) leading to an...

Goldman Sachs Exceeds Q4 Forecasts

Goldman Sachs (NYSE:GS) announced today its fourth-quarter revenue, exceeding the expectations of analysts. This was partly due to the strong performance in equity sales...

Spectrum introduces new kind of cable, streaming device ‘Xumo’

Spectrum (CHTR) introduces a new kind of cable streaming device, ‘Xumo.’Move over old-fashioned cable boxes; watching TV is about to improve. The streaming business...

Samsung to open Experience Spaces of Galaxy AI after Galaxy Unpacked, web fans are excited

Samsung will be giving its web fans new devices and a lot of immersive experiences to look forward to in the next few days....

ULTA Beauty’s Price Target Raised at Jefferies

Analysts at Jefferies increased their price target for ULTA Beauty (NASDAQ:ULTA) from $550.00 to $587.00, maintaining a Buy rating. This increase is due to...

Ciena Earns an Ugrade at Evercore

Evercore ISI analysts upgraded Ciena (NYSE:CIEN) to Outperform from In Line in a note Friday, raising their price target to $57 from $52 per...

Walmart sells many items including eggs the cheapest in the US

Walmart, the nation's largest retailer, is known for its low prices and good deals. The giant retailer strives to add value to the buck...

Microsoft regains top position as world’s most valuable company with AI playing a major role

Microsoft has once again become the most valuable company in the world. It beat Apple and reclaimed its title. Microsoft and Apple have taken...

Which IRS changes will there be in 2024? Your Paycheck is Affected

Your first paycheck for 2024 and beyond might be marginally higher than your 2023 paychecks, even if you received no wage increase. The standard deduction...

New data reveals the top states for parents

New data reveals the top states for parents– California is named ninth best. A new study has revealed which states are the best for...

New Study Finds Increased Nano plastics From Bottled Water

Researchers found over 240,000 identifiable plastic particles in every liter of bottled water, according to a study published on Monday in the Proceedings of...

BYD Surpasses Tesla: China’s Electric Vehicle Manufacturer Takes the Lead in Global EV Market

China's BYD, a manufacturer of electric vehicles (EVs), has overtaken Tesla to take the top spot in the world market—a historic development. This change...

December consumer prices increased by 0.3%, more than anticipated, bringing the annual rate to 3.4%.

According to Labor Department data released on Thursday, the overall cost of living increased by 3.4% in December over the previous year, a somewhat...

Watch the demo: Microsoft’s new AI key is the first keyboard update in 30 years-

Microsoft reveals its first significant keyboard redesign in three decades. The AI chatbot of the software giant Microsoft can be accessed by a unique...

Google suffers as an EU court advisor approves a $2.6 billion antitrust fine

In a lengthy antitrust case where regulators discovered that Google provided its shopping recommendations an unlawful advantage over competitors in search results, a legal...

Delta Air Lines Shares Plunge 5 percent Following Q4 Results

Shares of Delta Air Lines (NYSE:DAL) experienced a decline of over 5% pre-market today following the airline's revision of its full-year profit forecast. For 2024,...

JPMorgan Gains as Net Interest Income Guidance Beats Expectations

JPMorgan Chase (NYSE:JPM) provided a forecast for its annual net interest income that surpasses analysts' predictions, attributing this success to the boost in profits...

Qualcomm Earns an Upgrade at Citi

Citi analysts raised their rating for Qualcomm (NASDAQ:QCOM) from Neutral to Buy, increasing the price target significantly from $110.00 to $160.00. The analysts noted that...

Twilio Gains on Piper Sandler Upgrade

Piper Sandler analysts upgraded Twilio (NYSE:TWLO) from Neutral to Overweight and raised the price target from $75.00 to $82.00. As a consequence, shares surged...

Bank of America Stock Falls Following Q4 Revenue Miss

Bank of America (NYSE:BAC) disclosed its fourth-quarter revenue, which fell short of analyst expectations, resulting in a more than 2% drop in its shares...

Southwestern to Be Acquired by Chesapeake Energy for $7.4B

Chesapeake Energy Corporation (NASDAQ:CHK) and Southwestern Energy Company (NYSE:SWN) today announced the approval of a merger by their respective boards, valued at $7.4 billion....

Yum! Brands Cut at Wells Fargo

Wells Fargo analysts changed their rating for Yum! Brands (NYSE:YUM) from Overweight to Equal Weight, adjusting the price target from $150.00 down to $135.00. The...

Lucid Shares Drop 6 percent Despite Q4 Delivery Beat

Shares of Lucid Group (NASDAQ:LCID) dropped more than 6% intra-day today despite the company reporting increased vehicle deliveries in the fourth quarter compared to...

Netflix Gains 5 percent on Management’s Positive Comments

Shares of Netflix (NASDAQ:NFLX) climbed by 5% intra-day today, driven by growing enthusiasm for the company's advertising-supported subscription option. Recent statements from the company...

MasterCard’s Rating Raised to Outperform at Oppenheimer

Oppenheimer analysts raised their rating for MasterCard (NYSE:MA) from Perform to Outperform and set a new price target of $510.00. The analysts acknowledged that there...

Walmart introduces new AI innovations partnering with Microsoft for Walmart customers

  Walmart and Microsoft, two of the leading companies in the U.S. have had a long and successful partnership for decades. The U.S. giants have...

Zillow Shares Drop on BofA’s Downgrade

BofA Securities analysts downgraded Zillow Group (NASDAQ:ZG) from Buy to Neutral, adjusting the price target to $60.00 from the earlier $47.00. As a consequence,...

Masimo Surges 6 percent on Preliminary Results Announcement

Masimo (NASDAQ:MASI) revealed its revenue projection for 2024, anticipating it to be between $2.05 billion and $2.17 billion. This forecast surpasses the consensus estimate...

Taiwan Semiconductor Manufacturing Beats Q4 Results

Taiwan Semiconductor Manufacturing (NYSE:TSM), the world's leading contract chipmaker, announced its fourth-quarter revenue of T$625.5 billion ($20.10 billion). While this figure shows a largely...

ServiceNow’s Price Target Raised at Evercore

Evercore ISI analysts increased their price target for ServiceNow (NYSE:NOW) from $725.00 to $800.00, while continuing to recommend an Outperform rating. This adjustment follows...

PagerDuty Surges 16 percent on Takeover Reports

PagerDuty (NYSE:PD) shares saw an increase of over 16% today following a Bloomberg News report that the software company is considering various options in...

See which top ten states have highest percentage of small businesses 

A study reveals California ranks in the top ten states with the highest percentage of small businesses.  Florida has the highest percentage of small businesses,...

Meta to restrict teen content after increase in complaints about harmful effects on youth

Meta said that teenagers on Facebook and Instagram will soon face additional restrictions on the content they see on these popular social media platforms....

Walmart offers New Year deals on Centr fitness equipment by celebrity Chris Hemsworth

Walmart is offering a large number of deals for consumers who buy fitness equipment and more from Centr, a health and wellbeing venture started...

Radio company Audacy files for bankruptcy, largest U.S. radio and podcast company looks to reduce debt

Audacy, one of the largest radio and podcast companies in the U.S. announced that it has filed for Chapter 11 bankruptcy protection in Texas....

United Continental Double Upgraded at BofA Securities

BofA Securities analysts changed the rating for United Continental (NASDAQ:UAL) from Underperform to Buy, adjusting the price target from $40.00 to $56.00. The analysts...
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