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Business

Microsoft surpasses Q3 revenue and profit expectations due to cloud services. CWEB analysts upgraded the stock.

Microsoft (MSFT) reported fiscal third-quarter earnings on Friday, surpassing analysts' expectations for both the top and bottom lines. This was primarily due to the...

Meta AI push fails to excite market, shares drop by 16 percent, CWEB analyzes

Meta Platforms (META) revealed billions spent on artificial intelligence, and its stock value dramatically declined. CEO Mark Zuckerberg’s thrust into the upcoming field of...

Fashion brand L’Oréal teams up with Meta and HEC for Startup Accelerator in Web3

Three giants in their own fields--French beauty company L’Oréal, French business school HEC and American social media giant Meta have come together to launch...

Texas Instruments Shares Down 2 percent on Disappointing Outlook

Texas Instruments (NASDAQ:TXN) shares closed more than 2% lower today following the company’s Q3 announcement. While both Q3 EPS of $2.45 and revenue of...

General Motors Shares Gained 6 percent Since Q3 Results Announcement

General Motors (NYSE:GM) shares rose more than 6% since the company’s reported Q3 results yesterday morning, with EPS of $2.25 coming in better than...

Skechers Shares Plunge 9 percent on Q3 EPS Miss & Weak Guidance

Skechers USA (NYSE:SKX) shares dropped more than 9% today following the company’s reported Q3 results, with EPS of $0.64 coming in worse than the...

Hertz Global’s Upcoming Q3 Results Preview

Analysts at Oppenheimer provided their outlook on Hertz Global Holdings, Inc. (NASDAQ:HTZ) ahead of the upcoming Q3 earnings, scheduled to be released on October...

PulteGroup Shares Surge 4 percent Despite Q3 Miss

PulteGroup (NYSE:PHM) shares rose more than 4% yesterday despite the company’s reported Q3 results, with EPS of $2.69 coming in worse than the Street...

Landstar System Q3 Results & Guidance Review

Landstar System (NASDAQ: LSTR) reported its Q3 results last week, with EPS of $2.76 coming in worse than the Street estimate of $2.77. Revenue...

Autoliv Shares Up 8 percent Since Q3 Announcement

Autoliv (NYSE:ALV) shares rose more than 8% since the company’s reported Q3 results on Friday. Both EPS of $1.23 and revenue of $2.3 billion...

What to Expect From Altria Group’s Upcoming Q3 Results?

RBC Capital provided their outlook on Altria Group, Inc. (NYSE:MO) ahead of the upcoming Q3 results, expecting net sales to be up 4% (vs....

Zions Bancorp Shares Up 3 percent Despite Q3 Miss

Zions Bancorp (NASDAQ:ZION) shares were up more than 3% Tuesday afternoon despite the company’s reported Q3 results, with EPS of $1.40 coming in worse...

Entegris’ Upcoming Q3 Results Preview

Deutsche Bank analysts provided their outlook on Entegris, Inc. (NASDAQ:ENTG) ahead of the upcoming Q3 announcement, expecting the company to report generally in-line results. The...

Qualtrics International Shares Surge 10 percent on Q3 Beat & Better Than Expected Guidance

Qualtrics International (NASDAQ:XM) shares were trading more than 10% Tuesday afternoon following the company’s reported Q3 results, with EPS of $0.04 coming in better...

Spotify’s Upcoming Q3 Results Preview

Deutsche Bank analysts provided their outlook on Spotify Technology S.A. (NYSE:SPOT) ahead of the company’s Q3 earning announcement, lowering their price target to $105...

Watsco Reports Q3 EPS Miss, Revenues In Line

Watsco (NYSE:WSO) reported its Q3 results, with EPS of $4.03 coming in worse than the Street estimate of $4.40. Revenue was $2.04 billion, in...

Verizon Communications Reports Q3 Beat, Provides Guidance

Verizon Communications (NYSE:VZ) reported its Q3 results, with EPS of $1.32 coming in better than the Street estimate of $1.29. Revenue was $34.2 billion,...

Huntington Bancshares Shares Up 12 percent Since Q3 Results Announcement

Huntington Bancshares (NASDAQ:HBAN) shares rose more than 12% since the company’s reported Q3 results on Friday. Quarterly EPS came in at $0.39, beating the...

What to Expect From Corning Incorporated’s Upcoming Q3 Results?

Analysts at Oppenheimer provided their outlook on Corning Incorporated (NYSE:GLW) ahead of the upcoming Q3 results, taking a cautious view based on lower panel...

Danaher Corporation Reports Q3 Beat Above its Preannouncement

Danaher Corporation (NYSE:DHR) reported its Q3 results, with EPS of $2.56 coming in better than the Street estimate of $2.26. Revenue was $7.66 billion,...

Texas Instruments Upcoming Q3 Results Preview

Oppenheimer analysts provided their outlook on Texas Instruments Incorporated (NASDAQ:TXN) ahead of Q3 earnings, scheduled to be announced on Oct 25. The analysts see...

AT&T Shares Up 7 percent on Q3 Beat

AT&T Inc. (NYSE:T) shares rose more than 7% on Thursday following the company’s reported Q3 results, with EPS of $0.68 coming in better than...

What to Expect From Meta Platforms’ Q3 Results?

Deutsche Bank provided their outlook on Meta Platforms, Inc. (NASDAQ:META) ahead of the upcoming Q3 earnings, expected to be announced on Oct 26. Since the...

Snap Stock Crashes 28 percent Following Q3 Results

Snap (NYSE: SNAP) shares plummeted more than 28% on Friday after the company’s reported its Q3 results, delivering its slowest revenue growth since going...

Apple confirms release of iOS 16.1, iPad OS 16, with new features, on Monday

Apple Inc. has officially announced that it would be releasing iOS 16.1 for iPhones as well as its iPad with OS16. The release date...

NBC Universal is considering early retirement offers for staff to cut costs

As companies look at cutting costs, NBC Universal is considering an offer of early retirement benefits to senior staff. Although no formal announcement has...

Musk intends to reduce Twitter’s headcount by roughly 75%

Elon Musk, the CEO of Tesla, and SpaceX, has said that, after acquiring Twitter, he will reduce its workforce by 75%, according to documents...

Wintrust Financial Reports Q3 Beat

Wintrust Financial Corporation (NASDAQ:WTFC) reported its Q3 results, with EPS of $2.21 coming in better than the Street estimate of $2.03. Revenue was $502.93...

Comerica Shares Down 12 percent Since Q3 Results Announcement

Comerica (NYSE:CMA) shares lost more than 12% since the company’s reported Q3 results on Wednesday. Quarterly EPS came in at $2.60, better than the...

Landstar System Reports Q3 Results, Shares Up 2 percent

Landstar System, Inc. (NASDAQ:LSTR) shares rose more than 2% on Thursday following the company’s roughly in-line Q3 results and better-than-expected Q4 guidance. Q3 EPS...

Shopify’s Upcoming Q3 Results Preview

Deutsche Bank analysts provided their outlook on Shopify Inc. (NYSE:SHOP) ahead of the upcoming Q3 earnings announcement, expecting in-line to slightly better top-line results. The...

What to Expect From PayPal Holdings’ Upcoming Q3 Results?

Deutsche Bank analysts provided their views on PayPal Holdings, Inc. (NASDAQ:PYPL) ahead of the upcoming Q3 earnings, scheduled to be announced on Nov 3. The...

Tesla Shares Plunge 6 percent Following Q3 Results

Tesla, Inc. (NASDAQ:TSLA) shares were trading more than 6% lower Thursday afternoon following the company’s reported Q3 results, with revenue coming in at $21.45...

eBay: The shopping marketplace for everyone from electronics, to collectibles, to jewelry

eBay Inc., is a huge online marketplace based in San Jose, California. The American multinational company facilitates the sale of goods consumer to consumer...

Intuitive Surgical Reports Q3 Beat, Shares Up 9 percent

Intuitive Surgical, Inc. (NASDAQ:ISRG) shares rose nearly 9% on Wednesday after the company reported its Q3 results, with EPS of $1.19 coming in better...

Netflix Shares Surge 13 percent on Q3 Beat, Paid Net Additions Better Than Expected

Netflix (NASDAQ:NFLX) shares soar 13% yesterday following the company’s reported Q3 results, with EPS of $3.10 coming in better than the Street estimate of...

The Goldman Sachs Reports Q3 Beat

The Goldman Sachs Group, Inc. (NYSE:GS) reported its Q3 results, with EPS of $8.25 coming in better than the Street estimate of $7.80. Revenue...

Adobe’s Review Following Annual User Conference

Deutsche Bank analysts provided their views on Adobe Inc. (NASDAQ:ADBE) after attending the company’s annual user conference and accompanying investor session. The analysts came...

State Street Reports Q3 EPS Beat, Revenues Roughly In Line

State Street Corporation (NYSE:STT) reported its Q3 results, with EPS of $1.82 coming in better than the Street estimate of $1.78. Revenue was $2.96...

Truist Financial Reports Q3 Beat, While Revenues Miss

Truist Financial Corporation (NYSE:TFC) reported its Q3 result, with EPS of $1.24 coming in better than the Street estimate of $1.20. Revenue was $5.85...

Walgreens Boots Alliance Reports Q4 Beat, Provides Guidance

Walgreens Boots Alliance, Inc. (NYSE:WBA) reported its Q4 results, with EPS of $0.80 coming in better than the Street estimate of $0.77. Revenue was...

Here’s how to get a 9.62 interest with virtually no risk-Series I Bonds- But you must act fast.

  For investors looking for inflation protection, Series I bonds are an alluring option. At the moment, the government bonds yield an astounding 9.62 percent....

Inflation-related regulation changes are being made by the IRS. See your new tax bracket.

The IRS said on Tuesday that it is changing a number of its regulations, including the standard deduction and individual income tax brackets for...

The PNC Financial Services Group Reports Better Than Expected Q3 Results

The PNC Financial Services Group, Inc. (NYSE:PNC) reported its Q3 results, with EPS of $3.78 coming in better than the Street estimate of $3.72....

The Goldman Sachs Reports Q3 Beat. Strong BUY!

The Goldman Sachs Group, Inc. (NYSE:GS) reported its Q3 results, with EPS of $8.25 coming in better than the Street estimate of $7.80. Revenue...

Resolute Forest Products Downgraded to Sector Perform

RBC Capital downgraded Resolute Forest Products Inc. (NYSE:RFP) to Sector Perform from Outperform with a price target of $23. While the analysts continue to see...

The Bank of New York Mellon Reports Better Than Expected Q3 Results

The Bank of New York Mellon Corporation (NYSE:BK) reported its Q3 results, with EPS of $1.21 coming in better than the Street estimate of...

The Charles Schwab Reports Solid Q3 Results

The Charles Schwab Corporation (NYSE:SCHW) shares were trading more than 2% higher Tuesday afternoon following the company’s reported Q3 results, with EPS of $1.10...

What to Expect From Microsoft’s Upcoming Q1 Results?

Deutsche Bank analysts provided their outlook on Microsoft Corporation (NASDAQ:MSFT) ahead of the upcoming Q1 earnings announcement, lowering their price target to $315 from...

Colgate-Palmolive’s Upcoming Q3 Results Preview

Deutsche Bank analysts provided their outlook on Colgate-Palmolive Company (NYSE:CL) ahead of the upcoming Q3 results, lowering their price target on the company’s shares...
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