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Business

Under Armour underwhelms with low guidance, job cuts, reduced SKUs, restructuring, CWEB analyzes

On Thursday Under Armour (UAA) said that it was looking at weak sales for the year. It also laid out a restructuring plan that...

Pizza Hut launches New Cheeseburger melt, web fans are curious

Pizza Hut announced its entry into the burger business with a new product called Cheeseburger Melt on May 14. The pizza chain is asking...

Stellantis Started With Underweight at Wells Fargo

Wells Fargo analysts initiated coverage on Stellantis (NYSE:STLA) with an Underweight rating and a price target of €18. The analysts at Wells Fargo expressed...

Apple’s Price Target Raised at Wedbush, Names Top Tech Pick

Wedbush analysts increased their price target for Apple (NASDAQ:AAPL) to $250 per share, up $10 from the previous target, as we head into 2024....

Macy’s Shares Jump 20 percent on $5.8 Billion Buyout Offer

Shares of Macy's (NYSE:M) experienced a nearly 20% increase intra-day today, following news of a $5.8 billion buyout offer from Arkhouse Management and Brigade...

Elon Musk reinstates conspiracy theorist Alex Jones on X-Twitter citing poll

Elon Musk reinstated conspiracy theorist Alex Jones' account on X, and his site InfoWars is also expected to return to the platform X, which...

McDonald’s shares future plans before investor day, includes restaurant expansion, loyalty program, AI, Cloud

McDonald’s shared its plans on Wednesday, one day before Investors Day. These include its fastest growth initiative, improved products, investments in digital delivery as...

SmileDirectClub files for bankruptcy, dental aligners firm leaves web fans stranded

SmileDirectClub (SDC) has shut down after filing for bankruptcy. The dental aligners firm has left many consumers confused and stranded as the Nashville, Tennessee-based...

Experts reveal the high-earning side hustles which could potentially substitute a Californian’s regular wage 

  With remote and hybrid working creating more opportunities for people to experiment with secondary income methods, it is fair to say it is easier...

Requirements Would Prohibit Electric Vehicle Tax Credits for Materials and Batteries Connected to China

The U.S. proposed new guidelines Friday spelling out which electric vehicles will be eligible for tax credits, ruling out those that contain batteries or...

Savings at Walmart this week on Dyson vacuums, KitchenAid appliances, Legos, Jewelry and more!

Now that we're halfway through December, it's a great opportunity to start tackling your holiday shopping list. The greatest Walmart deals this weekend will...

How to Score Free Food at Burger King in December

Throughout December, Burger King is offering free chicken sandwiches, reduced Whoppers, and other promotions. The requirement for getting a free cheeseburger is  to make a...

The Best Ways to Learn About a Company’s Culture When Looking for a New Job

When looking for a new job, it's important to evaluate an organization's culture because it can have a big impact on your overall experience...

Utah based website Jane collapses; online marketplace owes sellers more than $10 million

Utah-based online marketplace Jane collapsed recently before Black Friday, leaving hundreds of small businesses in the lurch as it suddenly shut down its site...

Google introduces Gemini, its most-advanced AI model to compete with ChatGPT

In an attempt to compete in the quickly expanding field of generative artificial intelligence, Google unveiled its most ambitious project to date on Wednesday:...

Family sues Panera Bread over death over boosted caffeine drink- citing Charged Lemonade is dangerous.

A family sues Panera Bread over death over a boosted caffeine drink. Lemonade from Panera Bread, boosted by caffeine, is mentioned in another wrongful...

The Dangers of Shopping on Fashion Sites Like Temu and Shein- What happens when you place orders

If the dangers of China infiltrating the U.S. economy exist, these sites discussed below are examples of just that, at least with the data...

First Solar Earns an Upgrade at Morgan Stanley

First Solar (NASDAQ:FSLR) earned an upgrade from Morgan Stanley, which came in the wake of a 20% decline in the stock over the past...

DocuSign Shares Gain 4 percent on Q3 Beat

DocuSign (NASDAQ:DOCU) announced its third-quarter financial results, posting an earnings per share (EPS) of $0.79. This figure notably surpasses the analyst prediction of $0.63...

Lululemon Athletica Jumps 5 percent Following Q3 Earnings

Lululemon Athletica (NASDAQ:LULU) shares gained more than 5% on Friday after the company released its third-quarter earnings report, posting earnings per share (EPS) of...

Broadcom Reports Q4 Beat

Broadcom (NASDAQ:AVGO) announced its fourth-quarter earnings, with EPS at $11.06, surpassing analysts' expectations of $10.96. The company's revenue for the quarter was reported at...

Sprinklr Shares Plunge 33 percent on Disappointing 2025 Outlook

Shares of Sprinklr (NYSE:CXM) experienced a significant drop on Thursday, closing with more than a 33% loss, following the announcement of their third-quarter results. In...

The Success of Generative AI Could Rely on News Organizations and Journalism.

In the year since Open AI introduced ChatGPT to the world, almost 600 media organizations have blocked the technology from scraping their content. Two other...

California is the second most obsessed with viral cosmetic procedures- See the other states that top the list 

California is the second most obsessed with viral cosmetic procedures  The Brazilian butt lift (BBL) is social media's most viral cosmetic procedure, with TikTok...

Ciena Shares Rise on Q4 Beat

Shares of Ciena (NYSE:CIEN) experienced a 2% increase intra-day today after the company reported fourth-quarter results that surpassed expectations, attributed to strong performance from...

Chargepoint Gains 9 percent Despite Q3 Miss

ChargePoint Holdings (NYSE:CHPT) experienced a 9% rise in its stock price intra-day today, despite reporting a miss in its third-quarter earnings. Rivian's third-quarter revenue reached...

Rivian Shares Rise 2 percent After Stifel Initiates Coverage at Buy

Shares of Rivian (NASDAQ:RIVN), an electric vehicle manufacturer, saw a more than 2% increase intra-day today following initiation of coverage by Stifel with a...

Dollar General Beats Q3 Estimates

Dollar General (NYSE:DG) announced its third-quarter earnings that surpassed average analyst expectations. The company reported earnings per share (EPS) of $1.26 and revenue of $9.69...

C3.ai Shares Drop 11 percent on Weak Outlook

C3.ai (NYSE:AI), a provider of AI software solutions, reported mixed results for its fiscal second quarter. While the company's revenue fell short of estimates,...

Walmart CEO Doug McMillon says tough to predict consumer spending next year, mentions deflation

  Walmart CEO Doug McMillon said that consumers continue to shop at Walmart during the holiday season but also said that it was difficult to...

Ancestry data stolen by hackers – 6.9 million customers affected from 23andMe. What can they do with your DNA info?

Ancestry firm 23andMe (ME) reported that hackers gained access to the personal information of around 14,000 users, or 0.1% of all customers. The company...

Box Shares Drop 9 percent Following Q3 Results

Shares of Box (NYSE:BOX) experienced a 9% decline intra-day today following the release of their third-quarter results. The company reported earnings per share (EPS) of...

Yext Shares Drop 20 percent After Q3 Miss & Guidance Cut

Shares of Yext (NYSE:YEXT) experienced a significant drop of over 20% intra-day today. This decline came after the company reported third-quarter revenues that fell...

Ollie’s Bargain Outlet Gains 4 percent on Strong Q3 Earnings

Ollie's Bargain Outlet (NASDAQ:OLLI) experienced a 4% surge in its share prices intra-day today following a third-quarter performance that exceeded both earnings and revenue...

Campbell Soup Gains 7 percent Following Q1 Results

Shares of Campbell Soup (NYSE:CPB) grew more than 7% intra-day today following the release of their latest quarterly earnings, which exceeded profit expectations set...

SentinelOne Stock Jumps 18 percent Following Q3 Beat & Strong Outlook

Shares of SentinelOne (NYSE:S) experienced a significant 18% increase intra-day today following the announcement of their third-quarter results, which exceeded expectations. The company reported earnings...

G-III Apparel Group Reports Q3 EPS Beat

G-III Apparel Group (NASDAQ:GIII) announced its latest earnings, which exceeded profit expectations. For the third quarter, the company reported an earnings per share (EPS)...

Nio Stock Gains 5 percent Despite Earnings & Guidance Miss

Shares of the electric vehicle (EV) manufacturer NIO (NYSE:NIO) saw an increase of over 5% intra-day today following the announcement of its third-quarter results....

GitLab Stock Surges 15 percent After Q3 Beat & Strong Guidance

GitLab (NASDAQ:GTLB) saw its shares climb over 15% intra-day today following its impressive third-quarter results. The company reported an earnings per share (EPS) of...

Broadridge Financial’s Price Target Raised at Evercore ISI

Evercore ISI analysts increased their price target for Broadridge Financial Solutions (NYSE:BR) from $226.00 to $230.00, while maintaining their Outperform rating. The analysts anticipate...

CVS Health Gains 3 percent on Better Than Expected Outlook

CVS Health (NYSE:CVS) projected its 2024 revenue to surpass current market expectations, aiming for at least $366 billion compared to the Street's estimate of...

Kraft introduces vegan mac and cheese option in US, without dairy cheese

Kraft Heinz announced its newest mac and cheese option with a difference, on Wednesday. The new version is a vegan one and does not...

Hawaiian Shares Jump Following Alaska Air Acquisition Announcement

Shares of Hawaiian Holdings (NASDAQ:HA) surged by more than 188% intra-day today following the news that Alaska Air (NYSE:ALK) has proposed to buy the...

Piper Sandler Chooses Nvidia as its Top Large-Cap Pick

Piper Sandler's analysts maintained an Overweight rating on Nvidia (NASDAQ:NVDA) with a target price of $620 per share. Additionally, they selected NVDA as Piper...

Fisker’s Rating Slashed at Evercore ISI

Evercore revised its rating for Fisker (NYSE:FSR) from Outperform to In-Line and set a 12-month price target of $2.00 for the stock. This downgrade...

Ambarella Reports Better Than Expected Q3 Earnings

Ambarella (NASDAQ:AMBA) reported its Q3 earnings, with a loss of $0.28 per share, which was less than the anticipated $0.39 loss per share forecasted...

Spotify Shares Surge 9 percent on Job Cut Announcement

Spotify (NYSE:SPOT) experienced a more than 9% increase in its share price intra-day today following the announcement of a significant workforce reduction. CEO Daniel...

Walmart is set to construct a brand-new milk processing plant

In order to facilitate "seamless" material movement and enhance uptime, Walmart will use a Swisslog automation solution at their new factory in Valdosta, Georgia,...

GE Appliances recalls Recalls Electric Cooktops Due to Burn Hazard

Knob-control electric radiant cooktops, model GE JP3030 from GE have been recalled. GE appliances is owned by Haier. The cooktop’s burners can remain on after...

Candy Maker Mars Accused of Using Child Labor

According to a CBS News investigation, the candy maker Mars, Inc. continues to use cocoa that has been picked in Africa by child laborers,...
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