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Business

Alphabet, Meta and Microsoft are all set to report later this week. CWEB analysts analyze the stock trend.

The tech-heavy Nasdaq 100 and the S&P 500 rose above 5,070, with the latter adding 1.5%. Nvidia Corp., the poster child of the AI...

Verizon shares rise 2.5 percent after fewer wireless subscriber losses, CWEB analysts analyze stock

Verizon Communications (VZ) reported that fewer than expected wireless subscribers left the company's subscriber base, and its shares rose by 2.5 percent in premarket...

Dollar General Reports Q3 Results, Shares Drop 7 percent

Dollar General (NYSE:DG) shares fell more than 7% on Thursday after the company reported its Q3 results, with EPS of $2.33 coming in...

Two Bitcoin Rising Stars Suddenly Die in Misbelief. Is There More to This Tragic Coincidence?

After learning of the tragic deaths of two young and promising bitcoin entrepreneurs, the community was in disbelief. Tiantian Kullander and Nikolai Mushegian, both...

McDonald’s New Drive-Thru Idea May Significantly Reduce Wait Times

Drive-thrus were designed so that customers could easily place and collect orders. However, eateries are discovering a pick-up window may be all that's required...

S&P Global Investor Day Review

Deutsche Bank analysts provided their key takeaways from S&P Global Inc. (NYSE:SPGI) Investor Day. The company unveiled its new strategic vision and medium-term targets...

Marvell Technology Shares Drop 6 percent on Q3 Miss & Disappointing Guidance

Marvell Technology (NASDAQ:MRVL) shares were trading nearly 6% lower today after the company reported its Q3 results, with EPS of $0.57 coming in worse...

Elon Musk suspends celebrity Kanye West from Twitter over offensive tweets ‘inciting violence’

  Elon Musk, the new boss at Twitter, has finally suspended celebrity rapper Kanye West for his offensive tweets, particularly against the Jewish community. A...

Box Reports Q3 EPS Beat, Shares Up 6 percent

Box (NYSE:BOX) shares were trading more than 6% higher Thursday afternoon following the company’s reported Q3 results, with EPS of $0.31 coming in better...

Splunk Shares Gain 17 percent on Strong Q3 Results

Splunk (NASDAQ:SPLK) shares rose more than 17% after the company reported its Q3 results, with EPS of $0.83 coming in better than the Street...

Okta Shares Surge 26 percent on Q3 Beat & Better Than Expected Outlook

Okta, Inc. (NASDAQ:OKTA) shares gained more than 26% after the company reported Q3 results, with EPS of $0.00 coming in better than the Street...

Salesforce Shares Drop 10 percent Following Q3 Report & CEO’s Exit Announcement

Salesforce (NYSE:CRM) shares fell nearly 10% intra-day today following the company’s reported Q3 results and co-CEO Bret Taylor's sudden exit announcement. Q3 EPS came in...

Steal Deals Still Available At Walmart at Black Friday and Cyber Monday discounted rates

Although it's a few days since Cyber Monday, Walmart, the nation’s largest retail is still offering some deep discounts on certain items that have...

Workday Shares Surge 17 percent Following Better Than Expected Q3 Results

Workday (NASDAQ:WDAY) shares soared more than 17% yesterday following the company’s reported Q3 results, with EPS of $0.99 coming in better than the Street...

Intuit Shares Gain 7 percent on Q1 Beat

Intuit (NASDAQ:INTU) shares rose more than 7% yesterday following the company’s reported Q1 results, with EPS of $1.66 coming in better than the Street...

Emerson Electric’s Analyst Meeting Review

RBC Capital raised its price target on Emerson Electric Co. (NYSE:EMR) following the company’s annual analyst meeting, where CEO Lal Karsanbhai and team outlined...

CrowdStrike Holdings Shares Plummet 14 percent on Weak Outlook

CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares plunged more than 14% today on the company’s reported weaker-than-expected outlook. Q3 EPS came in at $0.40, better than the...

Methanex Corporation Shares Down 3 percent on RBC Capital Downgrade

Methanex Corporation (NASDAQ:MEOH) shares were down more than 3% today after RBC Capital downgraded the company to Sector Perform from Outperform and lowered its...

Hewlett Packard Enterprise Shares Surge 8 percent on Q3 Beat

Hewlett Packard Enterprise (NYSE:HPE) shares gained more than 8% today following the company’s reported Q4 results, with revenue of $7.9 billion coming in better...

Elon Musk Questions Tim Cook as Apple Stops Twitter Advertising

Elon Musk has claimed that Apple has halted most of its Twitter advertising and has threatened to remove the platform from its app store....

Enviva’s Review Post Q3 Results

Enviva Inc. (NYSE:EVA) recently reported largely in-line Q3/22 results and re-affirmed its 2022 and 2023 adjusted EBITDA guidance. Analysts at RBC Capital provided a...

NetApp Shares Plunge 11 percent on Q2 Revenue Miss & Disappointing Guidance

NetApp (NASDAQ:NTAP) shares were down more than 11% pre-market today after the company reported its Q2 results, with revenue coming in at $1.66 billion...

Splunk’s Upcoming Q3 Results Preview

RBC Capital lowered its price target on Splunk Inc. (NASDAQ:SPLK) to $105 from $125 ahead of the upcoming Q3/23 results announcement. The analysts expect Q3...

GDS Holdings Reports Q3 EPS Beat, While Revenues Miss Expectations

GDS Holdings Limited (NASDAQ:GDS) reported its Q3 results last week, with EPS of (RMB 0.03) coming in better than the Street estimate of (RMB...

The AZEK Company Shares Up 2 percent on Q4 Results

The AZEK Company Inc. (NYSE:AZEK) share rose more than 2% today after the company reported its Q4 results, with revenue of $304.6 million coming...

UnitedHealth Group Updates Guidance

UnitedHealth Group Incorporated (NYSE:UNH) issued its fiscal 2023 EPS guidance of $24.40—24.90 (vs. Street’s $24.92). Revenues are projected to be robust at $357—360 billion...

Biden requests Congress to pass legislation before potential national rail shutdown

On Monday, President Joe Biden urged Congress to pass legislation that could avert a potential shutdown of the rail network across the nation as...

Diamondback Energy’s Review Following Recent Acquisitions

RBC Capital updated its outlook on Diamondback Energy, Inc. (NASDAQ:FANG) following a couple of meaningful acquisitions over the past month that when combined were...

Samsara’s Upcoming Q3 Results Preview

RBC Capital analysts provided their outlook on Samsara Inc. (NYSE:IOT) ahead of the upcoming Q3 results, expecting a slight upside vs. Street estimates and...

BlockFi Cryptocurrency Lender files for bankruptcy, after FTX collapse

On Monday, cryptocurrency lender BlockFi filed for bankruptcy at the U.S. Bankruptcy Court in Trenton, New Jersey. It is the latest digital assets company...

What to Expect From Dollar General’s Upcoming Q3 Results?

Oppenheimer analysts provided their outlook on Dollar General Corporation (NYSE:DG) ahead of the upcoming Q3 results, scheduled to be announced on Dec 1. The analysts...

Thoughts Ahead of Nutanix’s Upcoming Q4 Results

RBC Capital analysts provided their outlook on Nutanix, Inc. (NASDAQ:NTNX) ahead of the upcoming Q1 results, expected to be announced on Nov 30. The analysts...

Shopify Shares Up 3 percent on Impressive Black Friday Numbers

Shopify Inc. (NYSE:SHOP) shares closed more than 3% higher today on impressive Black Friday sales. Black Friday GMV (gross merchandise value) of $3.36 billion...

Deere & Co Shares Surge 6 percent Since Q4 Report

Deere & Co. (NYSE:DE) shares gained nearly 6% since the company’s reported Q4 results on Wednesday, with EPS of $7.44 coming in better than...

DappRadar announces Sports Report focusing on Web3 projects and applications in FIFA and Sports

DappRadar has announced its Sports Report and it has highlighted how Web3 projects and applications are having a strong presence and deep impact in...

Super Group Reports Q3 Results, Reiterates Guidance

Super Group (NYSE:SGHC) reported better-than-expected Q3 results, with revenue up 2% year-over-year. Monthly Average customers grew 7% year-over-year to 2.7 million, excluding customers of...

Medtronic Reports Q2 EPS Beat While Revenues Miss

Medtronic (NYSE:MDT) reported its Q2 results on Tuesday, with EPS of $1.30 coming in better than the Street estimate of $1.28. Revenue was $7.6...

MFA Financial Review Post Q3 Results

MFA Financial (NYSE:MFA) shares gained more than 16% since the company’s reported Q3 results at the start of the month. BVPS was $15.31, which represents...

Coupa Software’s Shares Gained 35 percent on Potential Vista Acquisition News

RBC Capital provided their thoughts on a potential acquisition of Coupa Software Incorporated (NASDAQ:COUP) by Vista. Since the release of an unsubstantiated Bloomberg article that...

Famous ice cream The Salt and Straw shop in Portland has asked the city to address drug and homeless issues that are affecting business....

Salt and Straw, an iconic ice cream company might move out of the city of Portland due to problems created by increased homelessness as...

VMware Reports Q3 Miss

VMware (NYSE:VMW) reported its Q3 results, with EPS of $1.47 coming in worse than the Street estimate of $1.59. Revenue was $3.2 billion, compared...

Walmart in top spot as shoppers search for best Black Friday deals, Captify says

According to data from Captify, Walmart–the nation's largest retailer has also become the company that has shoppers searching its website the most; in order...

Dollar Tree Shares Plunge 8 percent Since Q3 Report

Dollar Tree (NASDAQ:DLTR) shares fell more than 8% since the company’s reported Q3 results on Tuesday. While both Q3 EPS of $1.20 and revenue...

Marvell Technology’s Upcoming Q3 Results Preview

Deutsche Bank analysts provided their outlook on Marvell Technology, Inc. (NASDAQ:MRVL) ahead of the Q3 report, scheduled on Dec 1. The analysts expect the company...

Burlington Stores Shares Surge 24 percent Since Q3 Report

Burlington Stores (NYSE:BURL) gained more than 24% since the company’s reported Q3 results on Tuesday on positive commentary and despite EPS and revenue miss....

Ambarella’s Upcoming Q3 Earnings Preview

Deutsche Bank analysts shared their outlook on Ambarella, Inc. (NASDAQ:AMBA) ahead of its upcoming Q3 results announcement on Dec 1. After the company delivered a...

Analog Devices Shares Surge 5 percent on Q4 Beat & Strong Guidance

Analog Devices (NASDAQ:ADI) shares closed more than 5% higher on Tuesday following the company’s reported Q4 results, with EPS of $2.73 coming in better...

Autodesk Shares Drop 5 percent on Worse Than Expected Outlook

Autodesk (NASDAQ:ADSK) shares fell more than 5% on Wednesday following the company’s Q3 earnings release. While both EPS of $1.70 and revenue of $1.28...

Warner Music Group Shares Up 20 percent Since Q4 Beat

Warner Music Group Corp. (NASDAQ:WMG) shares gained nearly 20% since the company’s reported Q4 results on Tuesday, with both EPS of $0.28 and revenue...

Watch: Novogratz questions why SBF is a free man after tremendous FTX fraud

Galaxy Digital CEO Mike Novogratz has questioned why Sam Bankman-Fried is a free man, despite the massive fraud committed by FTX under his watch...
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