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HomeBusiness

Business

Buy Walmart Stock, CWEB analysts predictions come true after Walmart posts fantastic quarter results

  Walmart Inc. (WMT), the nation's largest retailer, posted its latest quarter results on Thursday, and as CWEB had predicted, the giant retailer continued to...

Toyota Motor Corporation’s Earnings Report Analysis

Missed EPS expectations: Toyota reported an EPS of $0.49, falling short of the anticipated $2.91. Exceeded revenue forecasts: The company posted revenue of approximately $72.99...

More GM and Stellantis operations are hit by UAW strikes, which have stretched to 38 sites across 20 states.

On Friday, 38 General Motors (GM.N) and Stellantis (STLAM.MI), part-distribution locations in 20 states were affected by the United Auto Workers union's expansion of...

Recall Alert:FXI Recalls Novaform ComfortGrande and DreamAway Mattresses Due to Risk of Mold Exposure Sold Exclusively at Costco

Recall Alert:FXI Recalls Novaform ComfortGrande and DreamAway Mattresses Due to Risk of Mold Exposure; Sold Exclusively at Costco The hazard reports that the manufacturing procedure...

CorePower Yoga Allegedly Violated the Video Privacy Protection Act (VPPA)- Subscribers May Be Eligible for $2500 from Class Action Lawsuit

Your privacy rights may have been infringed if you are a CorePower Yoga subscriber who has streamed on-demand classes on the website, and if...

Starbucks is being sued over claims that the fruit in its Refresher fruit drinks is missing.

Starbucks (SBUX), a company known for its innovative coffee and beverage creations, now finds itself at the center of a legal battle over the...

Ralph Lauren is an Outperform Stock at Raymond James

Raymond James initiated coverage of Ralph Lauren (NYSE:RL) with an Outperform rating and a price target of $135 per share. According to the analysts,...

Beyond Meat is an Underweight at Piper Sandler

Piper Sandler analysts lowered Beyond Meat (NASDAQ:BYND) price target from $6.00 to $3.00 while maintaining an Underweight rating. The analysts' bearish outlook is based...

Meta Platforms a Top Pick at Citi

Citi analysts reaffirmed a Buy rating and a $385.00 price target for Meta Platforms (NASDAQ:META). The analysts noted that Reels ad loads have reached...

International Paper Company Raised to Buy at Truist

Truist upgraded International Paper Company (NYSE:IP) from Hold to Buy and has raised the price target from $30 to $43 per share in a...

Barclays Expects Tesla Q3 Deliveries to Miss Estimates

Barclays analysts reiterated an Equalweight rating on Tesla (NASDAQ:TSLA) and maintained a price target of $260. The analysts anticipate that Tesla's Q3 deliveries will...

CWEB Summarized Business Newsletter September 22, 2023

Nearing the close of a week in which the stock market fell sharply, the S&P 500 showed little movement on Friday afternoon. While the...

Clorox hack attack leads to bleach, cat litter, disinfectants, wipes, cleaner shortages, earnings could dip

Clorox Co. (CLX) said that there were product shortages across the nation in all its product categories after an attack on its information technology...

Splunk Stock Jumps 20 percent on Cisco’s Acquisition Announcement

Cisco Systems (NASDAQ:CSCO) and Splunk (NASDAQ:SPLK) have reached a definitive agreement, with Cisco planning to purchase Splunk for $157 per share in cash, amounting...

Lululemon Athletica’s Strong Buy Rating Reiterated at Raymond James

Raymond James analysts reaffirmed their Strong Buy rating on Lululemon Athletica (NASDAQ:LULU) and maintained a price target of $440.00. The analysts’ assessment highlighted Lululemon's status...

Mizuho is Enthusiastic About Western Digital

Mizuho analysts are enthusiastic about Western Digital (NASDAQ:WDC) as a strong long-term investment. They see the company as a compelling opportunity due to under-ownership...

Five9 Upgraded to Buy at Deutsche Bank

Deutsche Bank analysts revised their position on the software company Five9 (NASDAQ:FIVN) in a note issued on Thursday. The firm has upgraded its rating...

Broadcom Stock Drops 2 percent on Possible Partnership End With Alphabet

Alphabet (NASDAQ:GOOGL) is reportedly considering ending its reliance on Broadcom (NASDAQ:AVGO) as a supplier of high-end chips, specifically the AI chips known as tensor...

Rupert Murdoch, the iconic media mogul of Fox Corporation is Stepping Down

Rupert Murdoch, the iconic media mogul who has shaped the global media landscape for decades, has stepped down as chairman of both 21st Century...

Advanced AI improves features in new generation Apple Air Pods Pro with USB-C

Apple (AAPL) is releasing its second generation AirPods Pro later this month along with its newest iPhone and Apple Watches. This is the second...

CWEB Summarized Business Newsletter September 21, 2023

The stock market continues to fall as Wall Street prepares for "higher for longer" interest rates. The Dow Jones Industrial Average (DJI) fell 0.6%,...

Jack Dorsey Takes Over Square for Now as Alyssa Henry, the CEO of Square, Steps Down

Alyssa Henry, the CEO of Square, is stepping down, and Jack Dorsey will take over in the meantime. The CEO of Square, a division of...

General Mills Reports Better Than Expected Q1 Earnings Results

General Mills (NYSE:GIS) reported a decline in adjusted earnings for the first quarter, but it still exceeded expectations. This achievement can be attributed to...

CVS Health Raised to Outperform Rating at Evercore

CVS Health (NYSE:CVS) saw a nearly 2% gain yesterday as Evercore ISI analysts upgraded their rating on the healthcare company from in line to...

Micron Technology’s Price Target Raised Ahead of Q4 Earnings Report

Goldman Sachs analysts increased their price target for Micron Technology (NASDAQ:MU) to $85.00 from $80.00 while maintaining a Buy rating ahead of the company's...

IBM Rated Outperform at RBC Capital, Stock Surges 3 percent

RBC initiated coverage on IBM (NASDAQ:IBM) with an Outperform rating and a $188 per share price target, the highest on the Street. As a...

Pinterest Stock Jumps 4 percent Following Two Upgrades

Pinterest (NYSE:PINS) saw more than a 4% surge intra-day today after two Wall Street analysts upgraded it to a Buy rating. They were impressed...

CWEB Summarized Business Newsletter September 20, 2023

A delay in further rate hikes is widely anticipated by the Federal Reserve today, providing some relief from rising rates for savers and borrowers....

Elon Musk suggests a ‘small monthly charge’ for all users of X formerly called Twitter

Tesla CEO Elon Musk, who is also the owner of X a platform that was formerly called Twitter, suggested on Monday that he would...

Google’s announces major expansion of its Bard AI chatbot

Google's (GOOGL) brings a major expansion of its Bard AI chatbot. Google remains at the forefront of innovation in the rapidly developing field of...

Carnival Receives an Upgrade Ahead of Q3 Earning Report

The analysts at Truist Securities upgraded Carnival Corporation (NYSE:CCL) from a Sell rating to a Hold rating, with a revised price target of $17.00,...

Stitch Fix Stock Jumps 9 percent Despite Disappointing Quarterly Results

Stitch Fix (NASDAQ:SFIX) saw a more than 9% increase in its stock intra-day today despite disappointing Q4 results and guidance. The company reported a loss...

Lazard Stock Falls 2 percent on Goldman Sachs Downgrade

Lazard (NYSE:LAZ) share fell more than 2% intra-day today after Goldman Sachs analysts downgraded the company to Sell from Neutral, setting a price target...

Disney Announces Plans to Expand Investment in Parks, Shares Drop 3 percent

Walt Disney (NYSE:DIS) announced its intention to significantly increase investments in its Disney Parks, Experiences, and Products segment. Over approximately a decade, Disney plans...

FBI Echoes Warning on Danger of Artificial Intelligence

WASHINGTON — Just as many in the United States are starting to explore how to use artificial intelligence to make their lives easier, U.S. adversaries...

CWEB Summarized Business Newsletter September 19, 2023

As Wall Street awaited the outcome of this week's Federal Reserve policy meeting, stocks fell on Tuesday. There was a loss of 297 points...

Amazon To Hold Prime Big Deal Days in October, shop and get deep discounts

Amazon (AMZN) is back with a big sale for its Prime members. The giant retailer has announced the dates of its second sale of...

Buy a Home in These Three States to Get Student Loan Repayment Assistance

Do you have a college degree and outstanding student loans? Are you interested in moving to a rural community in Kansas? You may be...

UAW strike day four. Ford eliminates 600 jobs while GM threatens to send 2,000 worker’s home.

The United Auto Workers union has made this its main point of contention: If Detroit's three automakers increased CEO pay by 40% over the...

Apple Shares Gain Following Analysts’ Comments on Strong iPhone 15 Demand

Apple (NASDAQ:AAPL) shares rose more than 2% intra-day today as several analysts reported strong demand for the iPhone 15. Delivery times for the iPhone...

Skechers Stock Upgraded to Overweight at Piper Sandler

Skechers USA (NYSE:SKX) received an upgrade from Piper Sandler analysts, who shifted the stock rating from Neutral to Overweight and raised the price target...

Planet Fitness Slashed to Hold After CEO Chris Rondeau’s Exit

Jefferies analysts downgraded Planet Fitness (NYSE:PLNT) from Buy to Hold and lowered the price target from $90 to $56 per share. The downgrade comes...

DoorDash Stock Gains 2 percent on Upgrade

DoorDash (NYSE:DASH) shares rose more than 2% intra-day today following an upgrade by Mizuho Securities analysts. The analysts upgraded the stock from Neutral to...

Micron Technology Stock is a Buy at Deutsche Bank

Deutsche Bank analysts upgraded Micron Technology (NASDAQ:MU) to Buy from Hold and raised its price target to $85.00 from $65.00. The analysts cited a faster-than-expected...

Morgan Stanley introduces AI Open the makers of ChatGPT, to Financial Advisors for wealthy clients

  Leading global financial services company Morgan Stanley (MS) has made a significant advancement by releasing a cutting-edge generative AI assistant designed specifically for its...

CWEB Summarized Business Newsletter September 18, 2023

Monday afternoon stocks inched up as Wall Street prepared for the next interest rate decision from the Federal Reserve. We will be listening to...

CWEB Summarized Business Newsletter September 17, 2023

After a volatile week, US equities closed substantially lower on Friday, as Treasury yields rose as investors' risk appetite was reduced by falling chip...

Disney says ABC and Stations sale talks with Nexstar ‘unfounded’, keeps ‘strategic options’ open

The Walt Disney Company (DIS) had been in talks with Nexstar Media Group for a potential sale of ABC including its eight local stations,...

CWEB Summarized Business Newsletter September 16, 2023

Instacart, a supermarket delivery service, has increased its IPO price goal by $2, to $28-$30, after the successful debut of British chip designer Arm...

Web 3 company Cool Cats to feature balloons at Macy’s Thanksgiving Day parade

  Every November, the nation celebrates one of the most looked forward to holidays in the U.S. Thanksgiving is a major celebration. There are many...
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