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Business

Investing in Groupon (GRPN) stock could be a compelling proposition. CWEB Analyzes the trends.

Let’s explore why investing in Groupon (GRPN) stock might be an interesting consideration: Recent Analyst Coverage: Roth MKM initiated coverage on Groupon with a buy rating and a price...

Eli Lilly Shares Gain 6 percent Following Q1 Results

Eli Lilly & Co (NYSE:LLY) experienced a 6% increase in its share price in pre-market today, following the announcement of its first-quarter financial results...

Karuna Shares Jump 46 percent on Bristol-Myers Squibb Acquisition Announcement

Bristol Myers Squibb (NYSE:BMY) has reached an agreement to purchase Karuna Therapeutics (NASDAQ:KRTX), a company specializing in neuroscience drug development, for a total of...

Nike Shares Drops 10 percent After Q2 Results

Nike (NYSE:NKE) revealed its second-quarter financial results, surpassing analysts' predictions but cautioned about a less robust revenue forecast for the second half of the...

Walmart Self-Checkout to add payment through Affirm, a buy now pay later provider

Walmart, the nation’s largest retailer, is adding yet another important feature for its customers. It has expanded its partnership with Affirm, a buy now...

Watch Blue Origin successfully launches New Shepard rocket after 2022 failure

On Tuesday, December 19, Jeff Bezos’ Blue Origin successfully launched its New Shepard rocket. This is its first successful mission after 15 months. It...

US lawmakers want DOJ to investigate Apple for blocking Beeper’s app for iMessage

Apple Inc. might face an investigation by the Department of Justice (DoJ) after U.S. lawmakers have asked for an investigation into reports that the...

Paychex Stock Falls 5 percent After Quarterly Revenue Misses Estimates

Paychex (NASDAQ:PAYX) shares dropped over 5% intra-day today after the company announced its latest quarterly earnings, falling short of the consensus revenue forecast. The company...

Amazon Maintained as a Buy Stock at Monness Crespi & Hardt

Analysts at Monness, Crespi & Hardt maintained their Buy rating and set a $170 price target for Amazon (NASDAQ:AMZN) in a recent note. The analysts...

Morgan Stanley Bullish on Ford and General Motors

Morgan Stanley released a report recently expressing a positive outlook on Detroit automakers, particularly Ford (NYSE:F) and General Motors (NYSE:GM), for 2024. The report acknowledged...

Regency Centers Earns an Upgrade at Morgan Stanley

Morgan Stanley analysts upgraded Regency Centers (NASDAQ:REG) from Equalweight to Overweight, raising the price target from $62.00 to $75.00. The analysts highlighted the high quality...

Micron Shares Gain 6 percent Following Q1 Earnings

Micron Technology (NASDAQ:MU) experienced a 7% increase intra-day today following the announcement of first-quarter results that surpassed analyst expectations. The company reported a 16% year-over-year...

The European Union is looking into Musk’s X for potential violations of social media laws.

"Today we open formal infringement proceedings against @X" under the Digital Services Act, European Commissioner Thierry Breton said in a post on the platform...

Get Starbucks holiday offers, free hot chocolate on last two weekends of the year and more

Starbucks is not known for giving its customers free offers, except during certain times such as the holiday season. Starbucks has offered its customers...

FedEx Shares Plummet 10 percent Following Q2 Miss & Outlook Cut

FedEx (NYSE:FDX) shares dropped more than 10% intra-day today following the release of its fiscal second-quarter results, which fell short of analyst expectations. The company...

Lowe’s Stock Falls Slightly Following Stifel Downgrade

Shares of Lowe's (NYSE:LOW) declined more than 1% intra-day today following a downgrade by Stifel analysts from Buy to Hold. The analysts took a more...

General Mills Shares Fall on Outlook Cut

General Mills (NYSE:GIS) experienced a more than 2% decline in its shares intra-day today after the company revised its full-year forecast downwards. In its fiscal...

Steelcase Shares Gain 10 percent After Q3 Results

Steelcase (NYSE:SCS) released its third-quarter earnings report, which led to a more than 10% share price gain intra-day today. The company posted revenue of $777.9...

Aon Announces a $13.4 Billion Acquisition of NFP

Aon (NYSE:AON) agreed to acquire NFP, a prominent player in property and casualty brokerage, benefits consultancy, wealth management, and retirement plan advising, mainly focused...

Uber’s Price Target Raised at KeyBanc

Analysts at KeyBanc increased their price target for Uber (NYSE:UBER) from $61.00 to $70.00, while continuing to give the stock an Overweight rating. The analysts'...

U.S. Steel Stock Jumps 23 percent on Nippon Steels’ Acquisition Annoucement

The United States Steel Corporation (NYSE:X), widely known as U.S. Steel, is set to be acquired by Nippon Steel, as confirmed by both companies...

BofA Securities Raises Boeing’s Price Target

BofA Securities analysts expressed their confidence in Boeing (NYSE:BA), raising the price target for the company's stock from $250 to $275 while maintaining a...

Amgen upgraded to Outperform at BMO Capital

BMO Capital upgraded Amgen (NASDAQ:AMGN) from Market Perform to Outperform on Tuesday, also raising the price target for the stock from $286 to $326...

PepsiCo Stock Cut to Neutral at JPMorgan

JPMorgan adjusted its rating on PepsiCo (NASDAQ:PEP) from Overweight to Neutral, also reducing its price target from $185 to $176 per share, as mentioned...

Apple loses patent dispute after ITC ruling, to remove some Apple Watch models by Christmas Eve

Apple is pausing the sale of some of its watch models after it lost a patent dispute against Masimo, after an October ruling by...

Founder of Nikola given a four-year jail sentence for fraud and fines $1 million

Trevor Milton, the founder of Nikola Corp., was fined $1 million and given a four-year federal prison sentence on Monday In addition to an unspecified...

Baird Adds Boot Barn to its Bearish Fresh Pick List

Boot Barn Holdings (NYSE:BOOT) was added to Baird's Bearish Fresh Pick List, effective until early February. The analysts explained this decision by acknowledging Boot...

SunPower Shares Plummet 35 percent on Going Concern Warning

Shares of SunPower (NASDAQ:SPWR) plunged over 35% intro-day today following the company's announcement of a going concern warning. This warning suggests that the company...

Netflix Gains 3 percent After Morgan Stanley Raises Price Target

Shares of Netflix (NASDAQ:NFLX) saw an increase of over 3% intra-day today following Morgan Stanley's decision to raise their price target for the company...

Utz Brands Shares Gains 5 percent on Positive Feedback on Investor Day

Shares of Utz Brands (NYSE:UTZ) saw a notable increase on Monday, climbing over 5% after the company's investor day last week, which led to...

Celebrity Cardi B gets emotional about celebrity Offset on social media, web fans are divided

Celebrity Cardi B has been posting about her tumultuous relationship with celebrity Offset. Earlier in the month, the Grammy-winning rapper had posted that she...

LVMH and luxury brands to face slower sales next year after excellent 2023

LVMH and other luxury brands saw a huge leap in sales at the beginning of this year. Luxury goods from several brands continued to...

Costco Sells $100 Million Gold Bars This Past Quarter

  Costco Sells $100 Million Gold Bars. Gold has a reputation as an inflation hedge since it has historically done well during times of economic...

Former Facebook diversity lead steals over $4 million from company, pleads guilty

  Federal prosecutors have said that a former diversity manager who was working at Facebook stole more than $4 million from the company. She was...

L3Harris Technologies Earns an Upgrade at Deutsche Bank

Deutsche Bank analysts upgraded the rating for L3Harris Technologies (NYSE:LHX) from Hold to Buy, setting a new price target of $240.00, up from the...

Boeing Gains 3 percent Following Price Target Raise at UBS

UBS analysts expressed optimism about Boeing's (NYSE:BA) stock, increasing the price target from $275 to $315 while maintaining a Buy rating. As a result,...

Nvidia an Attractive Buy, Says Bernstein

Bernstein analysts recommend Nvidia (NASDAQ:NVDA) stock, which has seen a substantial increase of over 230% year-to-date. They set a price target of $700 per...

Costco Gains 4 percent Following Q1 Beat

Costco (NASDAQ:COST) shares surged more than 4% intra-day today after the company reported its first-quarter results, with EPS of $3.58 coming in better than...

Watch: Doomsday communities want to see you pay $55,000- and 1-million-dollar bunkers in case of a nuclear war

With everything going on in the world today, it’s no wonder there is a community of people who want to survive the worst. What...

Alcoa’s Price Target Raised at JPMorgan

JPMorgan analysts updated the price target for Alcoa (NYSE:AA) to $30.00, an increase from the previous $26.00, while maintaining a Neutral rating on the...

Live Nation Entertainment Stock Surges 5 percent on Morgan Stanley Upgrade

Morgan Stanley raised its rating on Live Nation Entertainment (NYSE:LYV) from Equal-Weight to Overweight, with an increase in the price target from $100 to...

Microsoft’s Price Target Raised at BofA Securities

BofA Securities analysts raised their price target for Microsoft (NASDAQ:MSFT) to $430 from the previous $415 per share, maintaining a Buy rating on the...

Cardinal Health Started With Underweight at Wells Fargo, Shares Drop 6 percent

Cardinal Health (NYSE:CAH) experienced a drop of more than 6% intra-day today following Wells Fargo's initiation of the stock with an Underweight rating and...

Adobe Plummets 7 percent Following Guidance Miss

Adobe Systems (NASDAQ:ADBE) saw its shares fall by over 7% intra-day today following the release of its better-than-expected fourth fiscal quarter results but disappointing...

In November, inflation was at the annual rate of 3.1%. Should you lock in CD rates now?

November saw an increase in prices for a wide range of products and services, but overall they were in line with expectations, which relieved...

Tesla recalls almost all vehicles in US, over 2 million vehicles had defective Autopilot system

Tesla is recalling almost all its vehicles in the U.S. due to defective software issues. Documents posted by a U.S. safety regulator show that...

Kenvue on a 90-Day Positive Catalyst Watch at Citi

Citigroup analysts initiated a 90-day positive catalyst watch on Kenvue (NYSE:KVUE), suggesting the stock might outperform in the near term. The analysts' action comes...

Xponential Fitness Stock Gains 6 percent Following Stifel Upgrade

Xponential Fitness (NYSE:XPOF) experienced a significant surge intra-day today, with shares climbing over 6%, following an upgrade from Stifel. The rating was raised from...

Johnson & Johnson Receives a Downgrade at Wells Fargo

Wells Fargo downgraded Johnson & Johnson (NYSE:JNJ) from Overweight to Equal Weight on Wednesday, also reducing the stock's price target from $170 to $163...

Arm Holdings’ Price Target Raised at Mizuho Securities

Mizuho Securities analysts increased the price target for Arm Holdings (NASDAQ:ARM) from $62.00 to $75.00, while maintaining their Buy rating. The analysts highlighted Arm...
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