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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...

Western Union Stock Surges 5 percent After Q2 Beat

Western Union (NYSE:WU) witnessed more than a 5% increase in its shares during early Thursday trading following the release of its Q2 results. The...

Align Technology Jumps 17 percent Following Q2 Earnings

Following the release of its Q2 results, Align Technology (NASDAQ:ALGN) experienced a significant stock price surge of more than 17% intro-day today. The company...

Mattel Reports Q2 Beat, Shares Surge

Mattel (NASDAQ:MAT) shares gained more than 3% intra-day today following the release of the company's second-quarter results. For the quarter, Mattel reported adjusted EPS...

Boeing Gains on Q2 Beat, BofA Upgrades to Buy

Bank of America analysts expressed optimism about Boeing (NYSE:BA), stating that the worst is behind the company. As a result, the analysts upgraded the...

Microsoft’s bet on AI multiplies CEO Nadella, ex-CEO Ballmer, founder Bill Gates’, shareholders’ fortunes

Microsoft (MSFT) is one of the most prominent and successful companies in the U.S. and around the world and its recent investment in current...

CWEB Business News Letter July 26th 2023

With recent data indicating a robust US economy, the Federal Reserve has resumed hiking interest rates, and Chair Jerome Powell has left the door...

Texas Instruments Shares Drop 4 percent on Disappointing Guidance

Texas Instruments (NASDAQ:TXN) reported its Q2 results, which led to more than a 4% drop in its share price during pre-market trading today. The Q2...

AT&T Posts Q2 EPS Beat, While Revenues Miss Expectations

AT&T (NYSE:T) reported its Q2 results today. The company posted an EPS of $0.63, which was higher than the Street estimate of $0.60. However,...

Tenable Reports Q2 Beat, Shares Jump 11 percent

Tenable (NASDAQ:TENB) reported better-than-expected Q2 results, leading to more than an 11% increase in its share price in pre-market today. During the second quarter, Tenable...

Teladoc Shares Surge 7 percent Following Q2 Earnings & Improved Outlook

Teladoc (NYSE:TDOC) shares jumped more than 7% in pre-market today following the company's announced Q2 results and an improved full-year outlook. In its second-quarter results,...

Target’s Rating Slashed to Market Perform at Raymond James

Raymond James revised Target's (NYSE:TGT) rating from Strong Buy to Market Perform. This decision comes in anticipation of Target's Q2/23 earnings report scheduled on...

Groupon has attracted the attention of institutional investors, who now own a 32% investment in the company.

A stock's popularity rises once it is included in a major index because institutions use this metric when reporting to their own investors. Currently...

Stock in Meta (NASDAQ:META) Platforms surges following crushing earnings Q2 Sales Beat

The results for the second quarter of fiscal year 2023 for Meta Platforms, Inc. (NASDAQ: META), an operator of social networking platforms, were better...

Celebrity Snoop Dogg launches new ice cream flavors: Now available at Walmart

Walmart the nation's largest retailer is the destination for most Americans as they pick grocery, jewelry, electronics, home needs and more at the best...

Spotify shares fall after second quarter results fail to meet analysts’ estimates

Spotify (SPOT) announced weaker than expected second quarter results and shares fell by 6 percent, in premarket trading on Tuesday. The music streaming platform...

UPS Offers a Tentative Settlement to Resolve Labor Dispute to Avoid Catastrophe

United Parcel Service (UPS) has reached a tentative deal, ending the protracted labor dispute, in a significant development that relieves both employees and management....

CWEB Business News Letter July 25th 2023

On Sunday, CEO Linda Yaccarino appeared to validate Musk's strategy for the company. According to a tweet by Yaccarino, "X is the future state...

OpenAI’s Sam Altman Unveils Worldcoin: A Revolutionary Crypto Project

Sam Altman, the brilliant businessman and CEO of OpenAI, has made history by launching Worldcoin, a cutting-edge cryptocurrency project that aspires to change the...

F5 Networks Jumps 10 percent After Q3 Beat

F5 Networks (NASDAQ:FFIV) shares experienced a significant surge of more than 10% in pre-market today following the release of its Q3 earnings report. The...

Coinbase’s Price Target Raised at Citi

Citi analysts increased their price target on Coinbase Global (NASDAQ:COIN) to $105.00 from $65.00 while reiterating their Neutral rating. The analysts commented that despite...

Goldman Sachs Slashed to Neutral at Citi

Goldman Sachs (NYSE:GS) was downgraded by Citi analysts, who cited an inflated valuation. The stock was downgraded from Buy to Neutral with a price...

Verizon Communications Stock Gains on Q2 EPS Beat

Verizon Communications (NYSE:VZ) reported better-than-expected profit figures for Q2, leading to more than a 2% increase in its shares in pre-market today. The company's EPS...

Spotify Shares Drop 5 percent Despite Q2 MAUs Beat

Despite reporting higher-than-expected monthly active users (MAUs) for Q2, Spotify (NYSE:SPOT) saw a more than 5% decline in its shares pre-market today. The company's financial...

CWEB Business News Letter July 24th 2023

It's official! We said yesterday that Twitter might rebrand as the X corporation on Monday, and that the blue bird logo might be retired....

Apple’s Price Target Raised at Deutsche Bank Ahead of Q3

Deutsche Bank raised its price target on Apple (NASDAQ:AAPL) to $210.00 from $180.00 while reiterating its Buy rating ahead of the company’s Q3 earnings...

Domino’s Pizza Reports Q2 EPS Beat, Shares Gain

Domino's Pizza (NYSE:DPZ) shares gained more than 4% intra-day today following the release of their Q2 results. In this quarter, the company reported an...

Chevron Stock Gains on Preliminary Q2 Results & Management Changes

Chevron (NYSE:CVX) released its preliminary Q2 results along with announcing some changes in its management. As a result, shares gained more than 2% intra-day...

ON Semiconductor Slashed to Neutral at Rosenblatt

Rosenblatt analysts downgraded ON Semiconductor (NASDAQ:ON) to Neutral from Buy and set a price target of $95.00, acknowledging that the company's shares have experienced...

ZoomInfo Technologies Shares Dropped 4 percent on RBC Capital Downgrade

ZoomInfo Technologies (NASDAQ:ZI) experienced a decline of more than 4% intra-day today after RBC Capital downgraded the stock from Outperform to Sector Perform and...

Elon Musk changes blue bird to X on Twitter, adds X as domain name

  It is official! We reported yesterday that Twitter could change to X corporation and its blue bird symbol could fly away and be replaced...

Google’s venture into AI-powered news with brand tool ‘Genesis’ sparks debate among journalists, web fans

In a move that could reshape the landscape of news reporting, Google (GOOGL) announced its plans to develop an artificial intelligence tool called ‘Genesis.’...

American Express’s surcharges could cost business owners a lot of money and how to get paid back with a lawsuit.

Do you run a company that accepts American Express (AXP)? American Express's fee policies may have cost you money. American Express's merchant terms make it...

CWEB Business News Letter July 23th 2023

On Tuesday, the Federal Reserve will begin its two-day July meeting. It is widely anticipated that the central bank would resume raising interest rates...

Watch Elon Musk to change the logo of Twitter, web fans are divided

Look out for a change in the Twitter logo on Monday, as early on Sunday, Twitter owner Elon Musk suggested that he would be...

SAP Reports Q2 Beat, But Cloud Revenue Worse Than Expected

SAP SE (NYSE:SAP) reported its Q2 earnings results on Thursday, with a profit of €0.62 per share on revenue of €7.55 billion, compared to...

Deckers Outdoor’s Price Target Raised at Citi

Citi increased its price target on Deckers Outdoor (NYSE:DECK) to $665.00 from prior $515.00 while keeping its Buy rating on the stock unchanged. They...

Knight Transportation Reports Q2 Miss, Gets Downgraded

Knight Transportation (NYSE:KNX) announced its Q2 financial results on Thursday. The company reported EPS of $0.49 for the quarter, which was lower than the...

American Express Shares Dropped 3 percent Despite Posting Strong Q2 Income

American Express (NYSE:AXP) shares dropped more than 3% on Friday despite the company reporting better-than-expected Q2 income, attributed to the continued spending of its...

Web fans delighted as Jeff Bezos’ Amazon unveils $120M investment for Project Kuiper satellite facility for internet access

Amazon (AMZN) founder and CEO Jeff Bezos' space exploration project, Project Kuiper, is one step closer to reality. The multinational technology company has announced...

CWEB Business News Letter July 21th 2023

With a revised deadline of September 30th confirmed, Elon Musk indicated that current vehicle owners who had paid the Full Self-Driving package would be...

Microsoft’s Price Target Raised at Goldman Sachs

Goldman Sachs increased its price target on Microsoft (NASDAQ:MSFT) to $400.00, up from the previous target of $350.00, while maintaining a Buy rating on...

Harley-Davidson Stock Surges 5 percent on DA Davidson Upgrade

Harley-Davidson (NYSE:HOG) shares gained nearly 5% pre-market today after DA Davidson upgraded the company to Buy from Neutral and increased its price target to...

Shocking Toxic Lead Cable Report for Verizon and AT&T Sighting Health Concerns- Stocks Plummet

Verizon (VZ) and AT&T (T), two of the largest telecommunication giants in the United States, have long been considered leaders in the industry. However,...

CWEB Business News Letter July 20th 2023

Fans of both G-SHOCK and CrossFit®, the world's top platform for enhancing health, happiness, and performance, can benefit from the new alliance announced by...

Tesla Stock Drops 4 percent Despite Better Than Expected Q2 Results

Tesla (NASDAQ:TSLA) reported its Q2 earnings results yesterday, with EPS of $0.91 coming in above the Street estimate of $0.79. Revenue was $24.93 billion,...

Qualcomm Initiated With Outperform Rating Ahead of Q3 Earnings

Wolfe Research analysts started coverage on Qualcomm (NASDAQ:QCOM) with an Outperform rating and a price target of $145.00 ahead of the company’s upcoming Q3/23...

IBM Stock Gains 3 percent Following Q2 Earnings Report

IBM (NYSE:IBM) shares rose more than 3% intra-day today after the company reported its Q2 earnings results, with EPS of $2.18 coming in better...

American Airlines Stock Drops 6 percent Despite Q2 Beat

American Airlines (NASDAQ:AAL) shares dropped more than 6% today despite the company reporting better-than-expected Q2 earnings results. Q2 EPS came in at $1.92, compared...
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