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Business

AMD latest chips for AI PCs to compete with Intel, Nvidia, CWEB analysts review

Advanced Micro Devices (AMD) is the latest chip design firm to unveil its new processors for artificial intelligence-enabled personal computers. On Tuesday, AMD described...

JetBlue Airways Earns an Upgrade at JPMorgan

JPMorgan analysts upgraded JetBlue Airways (NASDAQ:JBLU) to Neutral from Underweight, setting a price target of $7 on the stock. The analysts noted that while...

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...

CWEB informs web fans of 440,00 Starbucks branded Nestle metallic mugs recall for breaking, overheating injuries

CWEB is informing web fans that the Consumer Product Safety Commission (CPSC) has asked for a recall of about 440,500 metallic mugs that were...

CWEB curates products for web fans as Walmart launches Super Spring Savings Week, Amazon launches Big Spring Sale

CWEB asks, “What is better than a sale by a giant retailer? The answer is simple: Two sales by two giant retailers.” Two sales...

Accenture Drops 6 percent on Guidance Cut

Accenture (NYSE:ACN) experienced a 6% drop in its stock price intra-day today after the company adjusted its revenue growth expectations for the fiscal year...

Five Below Stock Plunges 11 percent on Q4 Miss & Disappointing Guidance

Five Below (NASDAQ:FIVE) experienced a significant drop of over 11% in its stock price intra-day today. This decline followed the company's announcement of Q4...

Chewy Reports Q4 Beat, But Shares Drop 6 percent on Projected Slowdown

Chewy (NYSE:CHWY) experienced a nearly 6% drop in its stock price pre-market today despite the announcement of its Q4 earnings that exceeded market expectations....

Li Auto Shares Drop 8 percent Following Delivery Guidance Cut

Li Auto (NASDAQ:LI) shares saw a downturn of over 8% in pre-market today following the company's revised guidance for its Q1 vehicle deliveries. The...

Micron Stock Jumps 16 percent on Q2 Beat & Strong Guidance

Micron Technology (NASDAQ:MU) unveiled promising guidance for the upcoming quarter following a surprising turn to profit in its Q2, driven by a surge in...

Birkin bag maker sued by two Californians, Hermes faces class action lawsuit

The Birkin bag is not only a status symbol among many A-listers but is also sought after by many others and obtained by a...

Gucci owner shares fall after Kering warns about low Asia sales, other luxury goods company shares follow suit

Kering, the parent of Gucci and other luxury brands, noted that sales of Gucci goods will decline in the first quarter of the year....

Tencent Music Entertainment Earns an Upgrade Following Q4 Beat

Citi analysts upgraded Tencent Music Entertainment Group (NYSE:TME) to Buy rating from Neutral, increasing their price target to $13 from $9. The analysts highlighted...

Chevron’s Price Target Raised at Mizuho Securities

Mizuho Securities analysts raised Chevron (NYSE:CVX) price target to $200 from $195, keeping a Buy rating on the stock. Mizuho's update is based on...

NVIDIA’s Price Target Raised at Piper Sandler

Piper Sandler analysts boosted their price target on NVIDIA Corporation (NASDAQ:NVDA) to $1,050 from $850, maintaining an Overweight rating. Following the GTC conference, where...

Chipotle Stock Gains 6 percent on 50-for-1 Stock Split

Chipotle Mexican Grill (NYSE:CMG) stock surged over 6% pre-market today following the announcement that its board has endorsed a 50-for-1 stock split, awaiting approval...

Intel Shares Gain 3 percent Following Biden Administration’s Funding Award

The Biden administration is taking steps to boost semiconductor manufacturing within the United States by tentatively offering Intel (NASDAQ:INTC) up to $8.5 billion in...

Will Fisker’s six weeks pause in production help embattled EV maker avoid bankruptcy

Fisker announced on Monday that it was pausing production for six weeks. The company was in talks with a giant automaker to keep its...

3M Earns an Upgrade at Barclays

Barclays analysts upgraded 3M (NYSE:MMM) to Overweight from Equalweight and raised their price target to $126 from $111. The analysts predict a rebound in...

AutoZone Started With Buy Rating at Mizuho Securities

Mizuho Securities analysts started covering AutoZone (NYSE:AZO) with a Buy rating and a price target of $3,450, highlighting the company's strong push into the...

Beyond Meat Stock Drops 8 percent Following $250 Million Securities Sales Plan

Beyond Meat (NASDAQ:BYND) shares dropped over 8% intra-day today following the company's announcement about its potential plan to offer and sell securities worth up...

Nordstrom Shares Jump 11 percent as Founding Family Considers Privatization

The founding family of Nordstrom (NYSE:JWN) is considering a move to take the U.S. department store chain private, revisiting a similar attempt that failed...

Unilever Stock Gains 3 percent on Ice Cream Unit Spin-off News

Unilever (NYSE:UL) shares rose around 3% intra-day today after the company announced plans to spin off its ice cream business, including famous brands such...

Did hundreds of thousands of Teslas and EV vehicles bet that fizzled by Hertz CEO lead to his resignation

Hertz Global Holdings Inc. CEO Stephen Scherr has been asked to step down following his backfired bet on electric vehicles, mainly Teslas, becoming the...

Globus Medical Earns an Upgrade at BTIG, Shares Rise

Globus Medical (NYSE:GMED) shares rose more than 2% intra-day today after BTIG analysts upgraded the company to Buy from Neutral, setting a price target...

HashiCorp Stock Jumps 8 percent Following M&A Rumors

HashiCorp (NASDAQ:HCP) shares surged more than 8% intra-day today following a Bloomberg report suggesting the company is exploring the possibility of a sale. According...

U.S. Steel’s Guidance Misses Estimates

United States Steel (NYSE:X) issued fiscal Q1/24 earnings guidance that fell short of analysts' expectations. The steelmaker anticipates Q1 adjusted EPS to range from...

Nike Slashed to Sell at Williams Trading

Williams Trading analysts downgraded Nike (NYSE:NKE) to Sell from Hold, reducing the price target from $92 to $85. The analysts explained the downgrade by highlighting...

Walmart is selling MacBook Air With M1 for $699, web fans are thrilled

Walmart announced that it will sell its customers MacBook Airs with M1 chips. The giant retailer said the new product sale continued its policy...

Adobe first quarter results beat estimate, shares fall 13 percent on weak revenue forecast

Adobe reported its first quarter results on Friday. Although the software company posted higher earnings, its shares fell by 13 percent due to a...

PagerDuty Shares Drop 8 percent on Guidance Miss

PagerDuty (NYSE:PD) experienced a decline of more than 8% intra-day today as its future outlook failed to meet expectations, despite reporting fiscal fourth-quarter earnings...

Ulta Beauty Drops 4 percent Despite Q4 Beat

Ulta Beauty (NASDAQ:ULTA) surpassed expectations with its fiscal fourth-quarter 2023 earnings and revenue, leading to an updated outlook on its full-year operating margin and...

Micron Shares Gain Following a Price Target Boost by Citi

Ahead of Micron Technology's (NASDAQ:MU) fiscal second-quarter 2024 earnings report scheduled for March 20, Citi Research analysts raised their price target for the company...

Golden Entertainment Started With a Buy Rating at Truist Securities

Truist Securities analysts initiated coverage on Golden Entertainment (NASDAQ:GDEN) with a Buy rating and set a price target of $45 on the stock. The...

Adobe Plunges 14 percent on Weak Outlook

Adobe Systems (NASDAQ:ADBE) shares dropped more than 14% intra-day today after it released guidance for the current quarter that fell short of expectations regarding...

Under Armor Stock Drops by 12 percent after founder Kevin Plank returned as CEO. Is it a Sell?

Under Armor stock fell by 12 percent on Thursday after a Wednesday announcement. Late Wednesday, the apparel and footwear maker said founder Kevin Plank...

Family Dollar to close up to 1000 stores, parent Dollar Tree shares fall after quarter results

Dollar Tree posted quarter results that missed analysts' expectations, and shares fell by up to 13 percent after a reported net loss. On Wednesday,...

Under Armour Slashed to Underperform at Evercore

Evercore ISI analysts downgraded Under Armour (NYSE:UAA) to Underperform from In Line, adjusting the price target from $8.00 to $7.00. The analysts’ decision comes in...

Netflix’s Price Target Raised to $640 at Evercore ISI

Evercore ISI analysts reaffirmed their Outperform rating on Netflix (NASDAQ:NFLX) and elevated their price target from $600 to $640, suggesting an approximate 5% potential...

UiPath Drops 5 percent Despite Q4 Beat

UiPath (NYSE:PATH) saw its shares drop by 5% intra-day today despite the announcement of its Q4 earnings that surpassed analysts' expectations, alongside optimistic projections...

Fisker Stock Drops 43 percent on Possible Bankruptcy

Fisker (NYSE:FSR), an electric vehicle startup facing financial difficulties, has reportedly sought the assistance of restructuring advisers to explore the possibility of filing for...

Maplebear Earns an Upgrade at Bernstein, Shares Rise

Bernstein analysts upgraded Maplebear (NASDAQ:CART) to Outperform from Market Perform, increasing their price target to $43.00 from $30.00. As a consequence, the company’s shares...

Walmart launches pilot workwear style pants project with Unspun to offer sustainable made in USA products

Walmart, the largest retailer in America, is always looking to expand its businesses into valuable products for its customers and web fans. The giant...
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