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Business

Paris based LVMH, maker of jewelry, champagne, sues Visa, Mastercard for credit card fees

  LVMH, based in Paris and popular for its jewelry, clothing, and champagne brands, has filed lawsuits against Visa and Mastercard. Owned by the richest...

Class Action Lawsuit Filed Against Global Cord Blood Corporation by Rosen Law Firm

Rosen Law Firm's Class Action Lawsuit Against Global Cord Blood Corporation Rosen Law Firm's announcement of a class action lawsuit against Global Cord Blood Corporation...

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...

Hewlett Packard Stock Plunges 9 percent on $13 Billion Acquisition of Juniper Networks

Hewlett Packard Enterprise (NYSE:HPE) is reportedly close to finalizing a deal to acquire Juniper Networks (NYSE:JNPR) for about $13 billion, as per The Wall...

JetBlue Airways Stock Drops 10 percent on BofA’s Downgrade

BofA Securities analysts revised JetBlue Airways' (NASDAQ:JBLU) rating, moving it from Neutral to Underperform and reducing the price target from $6.00 to $3.00. As...

Match Group Gains on WSJ Report Elliott Owns a $1B Stake

Shares of Match Group (NASDAQ:MTCH) saw a more than 3% increase today. This rise in stock price occurred after a Wall Street Journal report...

Intuitive Surgical’s Preliminary Results Beat Expectations

Intuitive Surgical (NASDAQ:ISRG) revealed its preliminary results for the fourth quarter, which exceeded the expectations of analysts. The company announced a preliminary revenue of $1.93...

Apple starts sending iPhone users payments for ‘batterygate’ settlement

Apple has started paying iPhone users $92.17 to those who were part of a $500 million settlement against a lawsuit the tech giant had...

Who are the ten billionaires who added $500 billion to their wealth in 2023?

The year 2023 has been very good to some celebrity stars and some tech and other billionaires. According to a popular outlet, ten billionaires...

Boeing Stock Drops 8 percent on 737 Max Incident

Boeing (NYSE:BA) experienced a significant drop of more than 8% intra-day today following difficulties with safety inspections. These issues arose after a recent incident...

Moderna’s Product Sales Beat Expectations

Moderna (NASDAQ:MRNA) released its 2023 product sales figures, which exceeded analysts' expectations. The biotechnology company reported unaudited product sales of about $6.7 billion for the...

Lululemon Raises Guidance

Lululemon Athletica (NASDAQ:LULU) updated its financial forecast for the fourth quarter of the 2023 fiscal year, raising its revenue and earnings expectations. The athletic apparel...

Harpoon Therapeutics Stock Jumps on Merck’s Acquisition Rumors

Shares of Harpoon Therapeutics (NASDAQ:HARP) surged more than 111% intra-day today following Bloomberg News reports that Merck (NYSE:MRK) is in advanced discussions to buy...

Apple’s iPhone Faces Over 30 percent Sales Dip in China

Jefferies reported that Apple's (NASDAQ:AAPL) iPhone sales have recently seen a year-over-year decrease of more than 30%. The firm's analysis indicates that, at the...

Poultry and Egg Supplies Are Threatened as Bird Flu Hits Northern California Chicken Farms

The virus that causes avian flu, also referred to as avian influenza or bird flu, mostly affects birds, including domestic poultry and wild birds....

Navigating Finances Amidst Potential Fed Rate Cuts: Strategic Moves for Your Money

Fears of a recession have subsided thanks to strong employment and growth and decreasing inflation. The possibility of a recession has diminished. Federal Reserve...

How to see if you are eligible for Money due to a $100 million Verizon class action settlement

Customers of Verizon may soon qualify for a portion of a $100 million class action settlement. Customers who had monthly plans paid secret administration...

Families can Sue Snapchat for facilitating drug dealers is permitted to proceed.

In a decision on Tuesday, a California judge let the lawsuit against Snap, which was filed by the parents of children who overdosed on...

Microsoft introduces Xbox Series S toaster, buy directly from Walmart

  Microsoft and Walmart, two of the leading companies in the U.S. have joined together to bring the Xbox Series S toaster to consumers. Both...

Carrefour will stop selling Pepsi Products Due to High Prices in Four European Countries

  A representative for the large French grocery chain, Carrefour said that beginning of Thursday, signs indicating the store will no longer be stocking the...

Florida woman sues Hershey for billions alleging ‘false advertising’, web fans are divided

Hershey is facing a lawsuit for $5 billion according to reports for misleading advertisements on its fall and winter Reese’s chocolates. A Florida woman...

Synopsys May Acquire ANSYS for $35 Billion

Shares of ANSYS (NASDAQ:ANSS) slightly rose intra-day today after a Wall Street Journal report suggested that Synopsys (NASDAQ:SNPS) is in the late stages of...

IBM Started With Hold Rating at Jefferies

Jefferies analysts initiated coverage of IBM (NYSE:IBM) with a Hold rating and a price target of $180 per share. In their note issued on...

On Holding Stock Named Top Pick for 2024 at Two Firms

On Holding (NASDAQ:ONON), a Swiss shoemaker, has been chosen as a top pick for 2024 and added to the Conviction List by Needham. Analysts pointed...

Altice USA sells Cheddar News to Archetype, Altice share price rises

Altice USA has sold Cheddar News to media company Archetype. The announcement that owner Altice had sold its financial news streaming service Cheddar to...

Tesla creates record with Quarter Four deliveries, achieves annual delivery goal of 1.8 million

Tesla Inc. has had a profitable year after the electric vehicle maker achieved its annual delivery goal of 1.8 million electric vehicles. Tesla delivered...

Standex International Started With Buy at DA Davidson

Analyst at DA Davidson started covering Standex International (NYSE:SXI) with a Buy rating and a price target of $165.00, along with the addition of...

Caesars Entertainment Reiterated With Buy Rating at Deutsche Bank

Deutsche Bank analysts maintained a Buy rating and a $60.00 price target on Caesars Entertainment (NASDAQ:CZR). The analysts noted a reduction in the fourth-quarter...

Atlassian Selected as a Top Pick at Oppenheimer

Analyst at Oppenheimer increased the price target on Atlassian Corporation (NASDAQ:TEAM) from $235.00 to $300.00, while reiterating an Outperform rating. Additionally, Atlassian has been...
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