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Business

Google to invest $640 million in Netherlands data center, CWEB analysts upgrade Alphabet stock

Google's parent company, Alphabet (GOOGL), is increasing its investments in artificial intelligence and cloud computing in Europe. On Tuesday, it announced it would open...

Fintech One introduces BNPL, Walmart backed startup adds buy now pay later items at US stores

Walmart-backed (WMT) fintech One has introduced buy-now-pay-later (BNPL) loans for several oversized items at many Walmart stores nationwide. Walmart has a majority stake in...

Western Digital Corporation Downgraded to Hold at Deutsche Bank

Deutsche Bank analysts downgraded Western Digital Corporation (NASDAQ:WDC) to hold from buy and lowered their price target to $40 from $56. The analysts believe the...

Ralph Lauren Corporation’s Investor Day Review

Deutsche Bank analysts provided their views on Ralph Lauren Corporation (NYSE:RL) following the company’s Investor Day, where it detailed a long-term strategy that includes...

Elastic’s Analyst Day Review

RBC Capital analysts provided their views on Elastic N.V. (NYSE:ESTC) following the company’s Analyst Day, with the key takeaways including (1) additional details around...

Ford Motor Company Shares Plunge 12 percent Following Q3 Pre-Announcement

Ford Motor Company (NYSE:F) shares were trading more than 12% lower Tuesday afternoon following the company’s pre-announced Q3 results, calling for adjusted EBIT ranging...

Newest AirPods Pro 2 available with better features, for pre-order

One of the much awaited devices from Apple Inc. has been the next gen AirPods Pro and the tech company recently released this product...

Beyond Meat COO Doug Ramsey takes a bite of man’s nose in Arkansas incident and is arrested

Doug Ramsey, the COO of Beyond Meat, a popular vegan company, seemed to have developed a taste for flesh when he got angry and...

The Dodo Box to launch first Walmart’s Pet Lover Box in October

The Dodo Box, a well known brand among pet lovers, is collaborating with Walmart, the nation’s largest retailer to offer the first-ever Walmart’s Pet...

Humana’s Investor Day Review, Guidance Raised

Analysts at RBC Capital raised their price target on Humana Inc. (NYSE:HUM) to $544 from $541 following the company’s Virtual Investor Day meeting on...

Shopify’s Q3 Merchants are Likely to Slightly Decline

Analysts at RBC Capital provided their views on Shopify Inc. (NYSE:SHOP), noting that data from BuiltWith suggests Shopify’s merchants are likely to slightly decline...

Danaher Corporation’s Analyst Meeting Review

Danaher Corporation (NYSE:DHR) hosted an in-person analyst meeting last week, providing investors a deeper dive into its portfolio evolution, DBS success stories, and the...

What to Expect From NVIDIA Corporation’s Upcoming Fall GTC Keynote?

Analysts at Deutsche Bank provided their outlook ahead of the upcoming NVIDIA Corporation (NASDAQ:NVDA) Fall GTC keynote. The analysts expect the Fall GTC keynote...

Clearwater Analytics Holdings Annual User Conference Review

RBC Capital analysts provided their views on Clearwater Analytics Holdings, Inc. (NYSE:CWAN) after attending the company’s in-person annual user conference, noting they came away...

KB Home’s Upcoming Q3 Earnings Preview

Analysts at Wedbush provided their outlook on KB Home (NYSE:KBH) ahead of the upcoming Q3 earnings, expecting EPS to exceed the Street estimates. The analysts...

Take-Two Interactive Software Review Following Leaked GTA 6 Clips

On September 18, a large collection of in-game footage/clips, allegedly from Take-Two Interactive Software, Inc.’s (NASDAQ:TTWO) GTA 6, was posted online and widely distributed...

Netflix Upgraded to Outperform at Oppenheimer

Oppenheimer analysts upgraded Netflix, Inc. (NASDAQ:NFLX) to Outperform from Perform with a price target of $325. According to the analysts, ad-tier launch should accelerate...

Voyager’s astronauts will get Hilton designed suites on private space station Starlab

On Monday, Voyager Space Holdings and Lockheed Martin said that Hilton would design astronaut suites for their private space station called Starlab. The companies...

EU calls for 7.5 billion euro cut from Hungary over corruption and other concerns

On Sunday, the European Union executive put forth a proposal that would withhold 7.5 billion euros from Hungary. In a first such case, 27...

One, a Walmart backed fintech to launch checking accounts in weeks, sources say

One is a fintech startup that has got huge backing from America’s greatest retailer, Walmart. Now sources have told outlets that the fintech will...

Apple adds new edit and unsend options on iMessage with newest operating system iOS 16

Apple Inc. has delighted its customers with the recent launch of iPhone 14, iPhone 14 Pro, next generation Apple Watch and AirPods Pro. However,...

Adobe buys design platform and rival Figma for $20 billion

  Adobe Inc. (ADBE) 299.5 -9.630005(-3.1151958%)   announced yesterday that it is buying design platform and rival Figma for $20 billion. It's a very impressive...

McDonald’s to remain in Chicago despite crime stopping employees’ return to office

On Wednesday, CEO Chris Kempczinski mentioned that McDonald’s was facing problems trying to relocate corporate officers from other cities to Chicago, due to the...

Coinbase Global’s CFO Meeting Key Takeaways

Oppenheimer analysts provided their key takeaways from Coinbase Global, Inc’s (NASDAQ:COIN) CFO meeting. The conversation covered a wide range of topics including (1) BlackRock and...

Tesla’s Price Target Raised to $400 at Deutsche Bank

Deutsche Bank analysts provided their views on Tesla, Inc. (NASDAQ:TSLA), raising their price target to $400 from $375. The analysts boosted their 2023 gross margin...

Dow Pre-Announces Q3 Shortfall

Dow Inc. (NYSE:DOW) pre-announced Q3 shortfall, expecting EBITDA to be $600 million, or 25%, lower than the Street estimate of $2.44 billion. While the...

FedEx Corporation Shares Plunge 21 percent on Q1 Preannouncement

FedEx Corporation (NYSE:FDX) shares dropped more than 21% following the Q1 pre-announcement and full 2023-year guidance withdrawal. Q1 adjusted EPS is expected to be $3.44...

Target Hospitality’s Review by Oppenheimer

Oppenheimer analysts provided their views on Target Hospitality Corp. (NASDAQ:TH) following their meeting with the company’s CEO. Formerly perceived as an energy stock, the analysts...

Host Hotels & Resorts Initiated With Perform Rating at Oppenheimer

Oppenheimer analysts initiated coverage on Host Hotels & Resorts, Inc. (NASDAQ:HST) with perform rating and a $21 price target, noting they like the company's...

Hilton Worldwide Upgraded to Buy at Berenberg Bank

Berenberg Bank analysts upgraded Hilton Worldwide Holdings Inc (NYSE:HLT) to buy from hold and raised their price target to $152 from $140. According to the...

What to Expect From Cintas Corporation’s Upcoming Q1 Results?

Analyst at Deutsche Bank provided their outlook on Cintas Corporation (NASDAQ:CTAS) ahead of the upcoming Q1 earnings announcement. The company’s stock has performed in...

Core & Main Reports Q2 Beat & Updates Outlook

Core & Main, Inc. (NYSE:CNM) reported its Q2 results, with EPS of $0.67 coming in better than the Street estimate of $0.50. Revenue was...

Eastman Chemical Lowers Q3 Guidance

Eastman Chemical Company (NYSE:EMN) lowered its Q3 guidance, expecting EPS to be roughly $2.00, compared to Q3/21 adjusted EPS of $2.46. The company noted three...

Yum! Brands’ Management Meeting Highlights

Analysts at RBC Capital provided their views on Yum! Brands, Inc. (NYSE:YUM) following their meeting with the company’s management, including CFO Chris Turner. According...

Twilio to Lay Off 11 percent of its Workforce

Twilio Inc. (NYSE:TWLO) announced yesterday that it will lay off 11% of its workforce, representing the largest layoff in enterprise software year-to-date. Analysts at...

Northzone raises $1 billion funds, VC firm to invest in Web3 and more

European based venture capital (VC) firm Northzone has recently raised more than one billion dollars. The London headquartered firm raised one billion euros in...

Celebrity Kanye West to terminate Yeezy deal with Gap due to alleged violations in contract

Celebrity rapper Kanye West, now known as Ye, is expected to terminate his contract with clothing company Gap Inc. His lawyer shared a letter...

Fiserv’s CEO Meeting Takeaways

Deutsche Bank analysts provided their views on Fiserv, Inc. (NASDAQ:FISV) following their one-on-one meeting with the company’s Chairman, President and CEO Frank Bisignano to...

Key Takeaways From Workday’s Financial Analyst Day

Analysts at Deutsche Bank provided their key takeaways from Workday, Inc. (NASDAQ:WDAY) Financial Analyst Day, coming away enthused by the company's continued innovation and...

Unity Announces Subscription Pricing Changes

Unity Software Inc. (NYSE:U) announced price increases for some of its subscription plans, starting October 13, which represents its first subscription price increase for...

Flowserve Corporation Shares Plunge 7 percent Following Q3 Preannouncement

Flowserve Corporation (NYSE:FLS) shares closed more than 7% lower on Wednesday following the company’s pre-announced Q3 EPS results, cutting 18c-22c/48% below the $0.42 Street...

Package Explodes as Potential Bomb at Northeastern University with a note about Facebook founder Mark Zuckerberg

Following the discovery that a package an employee at Northeastern University claimed detonated didn't really contain explosives, Northeastern University has reopened. A rambling note that...

What to Expect From Adobe’s Upcoming Q3 Earnings?

RBC Capital analysts provided their outlook on Adobe Inc. (NASDAQ:ADBE) ahead of the upcoming Q3 earnings announcement. Year-to-date, results have been above expectations but investor...

Oracle Reports EPS Miss, While Revenues Better than Expected

Oracle Corporation (NYSE:ORCL) reported its Q1 results, with EPS of $1.03 coming in worse than the Street estimate of $1.08. Revenue was $11.4 billion,...

Corteva’s Investor Day Preview

RBC Capital analysts provided their views on Corteva, Inc. (NYSE:CTVA) ahead of the company’s Investor Day on September 13. The analysts expect management to provide...

Comerica’s Updated Investor Deck Review

RBC Capital analysts provided their views on Comerica Incorporated (NYSE:CMA) following the company’s updated investor deck ahead of a management presentation at an upcoming...

Humana’s Upcoming Investor Day Preview

Deutsche Bank analysts shared their views ahead of Humana Inc.’s (NYSE:HUM) upcoming investor day on September 15. The company has modestly raised full-year guidance and...

Texas Capital Bancshares Announces Sale of BankDirect Capital Finance

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) recently announced the sale of BankDirect Capital Finance, its insurance premium finance business, to an indirect wholly owned subsidiary...

Urstadt Biddle Properties Shares Down 3 percent Following Q2 Miss

Urstadt Biddle Properties Inc. (NYSE:UBA) shares closed more than 3% lower on Tuesday following the company’s reported Q2 results, with EPS of $0.17 coming...

Key Takeaways From WESCO International’s Management Meeting

Analyst at Oppenheimer provided their key takeaways from WESCO International, Inc.’s (NYSE:WCC) management meeting, which was focused on the overall post-merger extensibility of scale...
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