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Business

Netflix Price Target Raised to $713 by BMO Capital Analyst Brian Pitz

Brian Pitz of BMO Capital Raises Netflix Price Target Brian Pitz of BMO Capital has recently updated the price target for Netflix (NFLX:NASDAQ) to $713,...

VinFast Auto Stock Plunges 11 percent After Q1 Earnings

VinFast Auto (NASDAQ:VFS) shares dropped more than 11% intra-day today following the announcement of first-quarter results that did not meet analyst expectations. The electric...

CBRE Group’s Price Target Raised Ahead of Earnings

Evercore ISI analysts adjusted their price target for CBRE Group (NYSE:CBRE) to $104, up from $103, while maintaining an In Line rating. The analysts...

Petco Heath & Wellness Shares Drop on BofA Securities’ Double Downgrade

Petco Health and Wellness (NASDAQ:WOOF) shares fell more than 9% pre-market today after BofA Securities analysts downgraded the company from Buy to Underperform and...

NIO Shares Fall on Barclays Downgrades

NIO (NYSE:NIO) fell nearly 2% pre-market today after Barclays analysts downgraded the company to Underweight from Equalweight, reducing the price target to $4.00 from...

3M’s Price Target Cut at RBC Capital

RBC Capital analysts reduced their price target for 3M Company (NYSE:MMM) to $78 from $84 while maintaining an Underperform rating. This update follows the...

CWEB analyzes Reddit stock, describes recent IPO as over enthusiastic, calls stock over valued

Reddit offered the public, including its thousands of sub-communities, stock options on March 21 as it made its initial public offering this year. The...

USPS names UPS as primary air cargo provider, CWEB analysts raise stock value

According to a Monday announcement, United Parcel Service (UPS) will be the new primary air cargo provider for the United States Postal Service (USPS)....

InterDigital Shares Plunge 8 percent on BofA’s Double Downgrade

BofA Securities analysts downgraded InterDigital (NASDAQ:IDCC) to Underperform from Buy and slashed the price target to $100 from $140. The company’s shares plunged more...

Boeing Stock Falls 2 percent Following Analyst Downgrade

Boeing (NYSE:BA) shares fell nearly 2% intra-day today after Melius Research downgraded the company to Hold from Buy while keeping a $209 price target. The...

Nuvei to Go Private in a $6.3 Billion Deal

Nuvei (NASDAQ:NVEI) announced its agreement to go private through a buyout by Advent International, valued at about $6.3 billion. Under the terms of this all-cash...

Alphabet’s Review by Jefferies

Alphabet's (NASDAQ:GOOGL) shares have increased by 8% since the beginning of the year, trailing behind its Big Tech counterparts and the overall market. Jefferies analysts...

Apple’s Price Target Slashed at Loop Capital

Loop Capital analysts revised their 12-month price target for Apple (NASDAQ:AAPL) to $170 from $185, attributing the adjustment to diminished demand, heightened competition, and...

Are Microsoft and OpenAI building AI Supercomputer? CWEB Upgrades the Stock. $100 billion Stargate in the works, report says

Microsoft and OpenAI executives are reportedly planning to build a data center that would have a supercomputer, according to a popular outlet. The specialized...

What’s open on Easter 2024? CWEB compiles a list of stores, restaurants and services for web fans

Today is Sunday, March 31, and Easter, but you might need some retail therapy, a meal out, or to buy yourself a piece of...

Analyst upgrades Estee Lauder, shares jump 5 percent, CWEB analyzes cosmetic company stock

Estee Lauder Cos. stock jumped by 5 percent after a renowned analyst upgraded it. The cosmetic company has taken forward-looking steps to increase growth,...

Mike Lindell’s MyPillow evicted from Minnesota warehouse after lawsuit for $200,000 unpaid rent

Mike Lindell’s MyPillow operations were removed from a warehouse in Minnesota after a judge ordered eviction due to unpaid rent. The landlord of a...

Semtech Shares Jump 3 percent Following Q4 Results

Semtech (NASDAQ:SMTC) experienced a more than 3% increase in its stock price in after-hours trading on Thursday following the announcement of optimistic guidance for...

Target Stock Added to Fresh Money List at Deutsche Bank

Deutsche Bank analysts placed Target (NYSE:TGT) on the Fresh Money List, highlighting it as a key stock pick anticipated to show strong performance in...

AMC Shares Plunge 14 percent on a New Equity Distribution Deal

AMC Entertainment Holdings (NYSE:AMC) saw its shares drop over 14% on Thursday following its announcement of a new equity distribution deal valued up to...

Palantir Technologies Stock Drops 6 percent on Monness, Crespi, Hardt Downgrade

Palantir Technologies (NYSE:PLTR) stock plunged more than 6% on Thursday after Monness, Crespi, Hardt analysts downgraded the company to Sell from Neutral, setting a...

Walgreens Boots Alliance Shares Gains 3 percent Following Q2 Results

Walgreens Boots Alliance (NASDAQ:WBA) shares rose more than 3% on Thursday after the company exceeded expectations with its second-quarter adjusted earnings per share (EPS)...

Home Depot to Buy SRS Distribution

Home Depot (NYSE:HD) announced its intention to purchase SRS Distribution for $18.25 billion, in what is a significant move to expand its services to...

Google code on Pinterest app suggests potential test of ad units, CWEB analysts say

Google and Pinterest might be testing a new partnership. Analysts at CWEB have found a code string that suggests multiple Google ad units are...

DraftKings Falls, NCAA Wants to Ban College Prop Bets. CWEB analysts issue Hold Rating on the stock.

Shares of DraftKings Inc.(DKNG) experienced a significant decline on Wednesday following an announcement by NCAA President Charlie Baker, who expressed his intention to prohibit...

Chick-Fil-A backtracks on NAE pledge, to use some antibiotics in chicken

Chick-Fil-A backtracked on its No Antibiotics Ever (NAE) policy that was made in 2014. The popular chicken sandwich chain announced it will use some...

Bloom Energy’s Price Target Cut at Susquehanna

Susquehanna analysts adjusted their price target for Bloom Energy (NYSE:BE) to $16 from $18 but continued to recommend a Positive rating on the stock....

Nio Shares Drops 6 percent Following Slashed Q1 Delivery Outlook

NIO (NYSE:NIO) shares fell more than 6% intra-day today as the EV manufacturer cut its Q1 delivery outlook due to falling demand and strong...

nCino Shares Jump 19 percent Following Q4 Earnings

nCino (NASDAQ:NCNO) shares surged more than 19% intra-day today following the release of Q4 earnings that surpassed expectations. The financial technology firm reported earnings...

Tesla’s Price Target Cut at Citi Ahead of Q1 Deliveries

Citi analysts revised Tesla’s (NASDAQ:TSLA) price target down to $196 from $224 while keeping their Neutral rating. The analysts adjusted forecasts in anticipation of...

H&M profit beats analysts expectations, share leap by over 14 percent, CWEB upgrades stock value

H&M posted significantly higher profits than analysts' expectations, and its share price popped by more than 15 percent on the London Stock Exchange Wednesday...

Virtu Financial Gains on Price Target Boost at Citi

Virtu Financial (NASDAQ:VIRT) shares rose more than 2% intra-day today after Citi analysts increased their price target for the company to $22.50 from $21,...

Valero Energy’s Price Target Raised at UBS

UBS analysts increased their price target for Valero Energy (NYSE:VLO) to $197 from $167, keeping a Buy rating. The analysts noted that Valero's stock...

Krispy Kreme Stock Jumps 24 percent as McDonald’s Partnership Goes National

Krispy Kreme (NASDAQ:DNUT) shares jumped more than 24% intra-day today following an announcement of a partnership with McDonald's to distribute Krispy Kreme donuts in...

Reddit Extends Gains, Reaching All-Time High

Reddit (NYSE:RDDT) shares rose more than 15% intra-day today, reaching a new all-time high. Following a strong 30% climb on Monday, the social media...

Digital World Stock Soars 35 percent as Trump Media & Technology Group’s Merger Finalizes

Digital World Acquisition (NASDAQ:DWAC) shares soared over 35% on Monday following the announcement of finalizing its merger with Trump Media & Technology Group (TMTG),...

McDonald’s announces nationwide rollout of Krispy Kreme, doughnut maker’s stock rises by 28 percent

McDonald's announced that Krispy Kreme doughnuts would soon be available in all its restaurants in the U.S. The doughnut maker’s stock rose by 28...

Alphabet shares get CWEB analysts price hike, after Google Gemini license deal with Apple

Google's parent company, Alphabet, has lagged behind the Magnificent Seven in stock value despite having a robust impact on technology. Recently, analysts from CWEB...

Boeing Shares Gain Following News on CEO Stepping Down

Boeing (NYSE:BA) unveiled significant leadership changes on Monday, announcing CEO Dave Calhoun's plan to step down by the end of 2024. Board Chair Larry...

Intel and AMD to be Impacted by China’s New Regulations on US chips

China introduced new regulations to phase out US-made microprocessors, such as those by Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD), from its government computers. This step...

United Airlines Stock Drops 4 percent as FAA Increases Oversight

United Airlines (NASDAQ:UAL) shares dropped more than 4% intra-day today following the Federal Aviation Administration's (FAA) decision to enhance its supervision of the airline...

Dave & Buster’s Stock Fall on Raymond James Downgrade

Dave & Buster's Entertainment (NASDAQ:PLAY) fell more than 2% intra-day today after Raymond James revised its rating for the company to Market Perform from...

Walt Disney Gains on Barclays Upgrade

The Walt Disney Company (NYSE:DIS) shares rose more than 2% intra-day today after Barclays raised its rating on the company to Overweight from Equal...

Tesla Cuts China Factory Production

Tesla (NASDAQ:TSLA) reduced its electric vehicle production in China amidst slower growth in new-energy vehicle sales and heightened competition in the largest car market...

Nike Beat Q3 Results, But Shares Plunge on Expected Revenue Drop

NIKE (NYSE:NKE) announced third-quarter earnings that surpassed expectations. Enhanced margins and robust performance in its North American business contributed to its success. In the quarter...

Alphabet Added to Best Ideas List at Wedbush

Wedbush analysts included Alphabet (NASDAQ:GOOGL) stock in the 'Best Ideas List' and increased their price target to $175 from $160. The analysts argue that...

HealthEquity’s Price Target Increased at KeyBanc

KeyBanc analysts increased their price target on HealthEquity (NASDAQ:HQY) to $95 from $85, keeping an Overweight rating. The analysts shared insights from a recent conference...

FedEx Shares Jump 7 percent Following Q3 Beat

FedEx Corporation (NYSE:FDX) shares jumped over 7% on Friday, following a report of Q3 earnings that surpassed expectations and optimistic guidance for the entire...

Why is XMicro taking the Shaving Industry by storm? Web Fans are eagerly anticipating the incredibly low price of $8.

Introducing XMicro version X Men|Women with our cutting-edge shaving solution for an unmatched grooming experience: the XMicro Precision Razor with New XMicro Technology and...

Will X-Men ‘97’ animated series boost Marvel’s future? Web fans will decide

When Disney acquired X-Men: The Animated Series from Fox’s entertainment assets, it left the show on the shelves. However, the entertainment giant has finally...
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