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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...

Affirm Holdings Shares Plunge 21 percent on Outlook Miss, While Q4 Results Beat Estimates

Affirm Holdings, Inc. (NASDAQ:AFRM) shares plummeted more than 21% on Friday following the company’s strong Q4 results, but soft guidance. EPS came in at ($0.65),...

Stocks Take a Dive as Fed Chairman says U.S. central bank’s commitment to fight inflation with higher interest rates

  Stocks plummet today   as Fed Chairman says U.S. central bank's commitment to fight inflation with higher interest rates is imminent. Markets were headed...

Autodesk Reports Q2 Beat & Provides Guidance, Shares Up 2 percent

Autodesk, Inc. (NASDAQ:ADSK) shares closed more than 2% higher on Thursday following the company’s reported Q2 results, with EPS of $1.65 coming in better...

Box Shares Down 3 percent Despite Q2 Beat

Box, Inc. (NYSE:BOX) shares fell more than 3% on Thursday despite better-than-expected Q2 results, with EPS of $0.28 beating the Street estimate of $0.27....

Broadcom’s Upcoming Q3 Earnings Preview

Analysts at Oppenheimer provided their outlook on Broadcom Inc’s (NASDAQ:AVGO) upcoming Q3 earnings, scheduled to be announced on September 1. The analysts expect an upside...

Dollar General Reports In-Line Q2 EPS, Revenues Slightly Better

Dollar General Corporation (NYSE:DG) reported its Q2 results, with EPS coming in at $2.94, in line with the Street estimate of $2.94. Revenue was...

Workday Shares Up 3 percent Following Q2 Beat, Provides Guidance

Workday, Inc. (NASDAQ:WDAY) shares were trading more than 3% higher Friday afternoon following the company’s reported Q2 results, with EPS of $0.86 coming in...

Marvell Technology Shares Drop 7 percent on Soft Guidance

Marvell Technology, Inc. (NASDAQ:MRVL) shares were trading around 7% lower Friday afternoon following the company’s reported Q2 results, with revenue coming in at $1.52...

Why did the USPTO reject Trump’s Truth Social platform trademark registration

Former president Donald Trump applied for a trademark for his social media platform called Truth Social. He had started the platform after he was...

Shopify increases Web3 investment by backing $24 million funding round of Thirdweb

Shopify, the service provider which helps medium sized businesses and merchants to set up shops on the internet through its web platform, is increasing...

Nordson Corporation Reports Q3 Beat, Reiterates Outlook

Nordson Corporation (NASDAQ:NDSN) reported its Q3 results, with EPS of $2.49 coming in better than the Street estimate of $2.44. Revenue was $662 million,...

Williams-Sonoma Reports Q2 Beat, Shares Up 2 percent

Williams-Sonoma, Inc. (NYSE:WSM) shares rose more than 2% pre-market following the company’s reported Q2 results, with EPS coming in at $3.87, better than the...

Semtech Corporation’s Upcoming Q2 Earnings Preview

Oppenheimer analysts provided their outlook on Semtech Corporation (NASDAQ:SMTC) ahead of the upcoming Q2 results, scheduled to be announced on August 31. The analysts...

Advance Auto Parts Shares Drop 10 percent Following Q2 Miss

Advance Auto Parts, Inc. (NYSE:AAP) shares dropped nearly 10% on Wednesday following the company’s reported Q2 results, with EPS coming in at $3.74, worse...

II-VI Incorporated Reports Q4 Beat, Guidance Mixed

II-VI Incorporated (NASDAQ:IIVI) reported its Q4 results, with EPS of $0.98 coming in better than the Street estimate of $0.94. Revenue was $887 million,...

NetApp Shares Surge 7 percent Following Better Than Expected Q1 Results

NetApp, Inc. (NASDAQ:NTAP) shares closed more than 7% higher on Thursday following the company’s reported Q1 results, with EPS of $1.20 coming in better...

TFI International Agrees to Sell CFI’s Truckload, Temp Control and Mexican Non-Asset Logistics Businesses For $525 Million

TFI International Inc. (NASDAQ:TFII) made an announcement on Monday, according to which it has signed a definitive agreement to sell CFI’s Truckload, Temp Control...

Ambarella’s Q2 Earnings Preview

Deutsche Bank analysts provided their outlook on Ambarella, Inc. (NASDAQ:AMBA) ahead of the upcoming Q2 earnings, scheduled to be announced on August 30. After an...

Foot Locker Shares Up 15 percent Since Q2 Earnings Announcement

Foot Locker, Inc. (NYSE:FL) shares rose around 15% since the company’s reported Q2 results last week. Quarterly EPS came in at $1.10, better than...

DICK’S Sporting Goods Shares Down 2 percent Despite Q2 Beat & Raise

DICK'S Sporting Goods, Inc. (NYSE:DKS) shares closed more than 2% lower today despite the company’s reported strong Q2 results and raised full-year outlook. Q2 EPS...

Dole Reports Q2 Results, Cuts 2022 Guidance Again

Dole (NYSE:DOLE) reported its Q2 results, with EPS of $0.44 coming in better than the Street estimate of $0.38. Revenue was $2.4 billion, compared...

Paycor Reports Q4 Revenue Beat, Provides Guidance

Paycor HCM, Inc. (NASDAQ:PYCR) reported its Q4 results, with EPS of ($0.14) coming in worse than the Street estimate of $0.02. Revenue was $111...

Intuit Shares Up 3 percent Following Q4 Results

Intuit Inc. (NASDAQ:INTU) shares closed more than 3% higher following the company’s reported Q4 results, with EPS coming in at $1.10, better than the...

Campbell Soup’s Upcoming Q4 Earnings Preview

Deutsche Bank analysts shared their outlook on Campbell Soup Company (NYSE:CPB) ahead of the upcoming Q4 earnings, scheduled to be reported on September 1. Going...

Deere & Co Reports Q3 EPS Miss, Revenues Slightly Better

Deere & Company (NYSE:DE) reported its Q3 results, with EPS of $6.16 coming in worse than the Street estimate of $6.64. Revenue was $13...

What to Expect From Workday’s Upcoming Q2 Earnings?

Oppenheimer analysts provided their outlook on Workday, Inc. (NASDAQ:WDAY) ahead of the upcoming Q2 earnings, estimating a total revenue of approximately $1.5 billion (up...

Palo Alto Networks Shares Surge 12 percent on Q4 Beat & Better Outlook

Palo Alto Networks, Inc. (NASDAQ:PANW) shares closed more than 12% higher on Tuesday following the company’s reported Q4 results, with EPS coming in at...

Zoom Video Communications Shares Plunge 16 percent on Disappointing Guidance

Zoom Video Communications, Inc. (NASDAQ:ZM) shares dropped more than 16% on Tuesday following the company’s Q2 earnings and reduced guidance announcement. Quarterly EPS came...

Online Boardroom Software

Virtual boardroom software facilitates boards get ready for their get togethers and cope with challenges after the meetings. The interface is easy to...

What Is an IPO?

If you're thinking about in the currency markets, you may have been aware of IPOs, or initial public offerings. Whilst...

SEC expects to rake over one billion in regulatory fines from banks for communications misuse

In 2021, the U.S. Securities and Exchange Commission (SEC) began probing the use of personal devices for record-keeping by large banks across the nation....

NetApp’s Upcoming Q1 Earnings Preview

Deutsche Bank analysts provided their outlook on NetApp, Inc. (NASDAQ:NTAP) ahead of the company’s upcoming Q1 earnings, expecting largely in-line results, although risks are...

DocuSign Downgraded to Sector Perform at RBC Capital

RBC Capital analysts downgraded DocuSign, Inc. (NASDAQ:DOCU) to sector perform from outperform and lowered their price target to $65 from $80. The analysts mentioned several...

Campbell Soup’s Upcoming Q4 Earnings Preview. Should You Buy?

Deutsche Bank analysts shared their outlook on Campbell Soup Company (NYSE:CPB) ahead of the upcoming Q4 earnings, scheduled to be reported on September 1. Going...

Coupa Software Downgraded to Underperform at RBC Capital

RBC Capital analysts downgraded Coupa Software Incorporated (NASDAQ:COUP) to underperform from sector perform and lowered their price target to $55 from $65 as macro...

Pure Storage Review Ahead of Upcoming Q2 Earnings Report

Deutsche Bank analysts provided their outlook on Pure Storage, Inc’s (NYSE:PSTG) upcoming Q2 earnings results. The analysts believe the company continues to see broad-based strength...

Deere & Co Reports Q3 EPS Miss, Revenues Slightly Better, Should you stay away?

Deere & Company (NYSE:DE) reported its Q3 results, with EPS of $6.16 coming in worse than the Street estimate of $6.64. Revenue was $13...

Google Doodle Celebrates Cláudia Celeste, first Brazilian transgender actress

Cláudia Celeste, the first transgender actress to participate in Brazilian telenovelas, is honored by Google. On this day in 1988, Cláudia made her on-screen...

When will Elon Musk hike Tesla’s FSD driver assistance software price and by how much

On Sunday, Elon Musk, the CEO of Tesla announced that the electric vehicle maker would raise the price of its premium Full Self Driving...

Meta CEO Mark Zuckerberg changes metaverse avatar after facing criticism

Earlier on Monday, Mark Zuckerberg, the CEO of Meta posted a screenshot of his digital avatar with a hazy background including the Eiffel Tower...

The Charles Schwab’s CEO Meeting Takeaways

Deutsche Bank analysts shared their views on The Charles Schwab Corporation (NYSE:SCHW) following their meeting with the company’s CEO Peter Crawford. While the financial outlook...

Amcor Shares Down 4 percent Since Q4 Results Announcement

Amcor plc (NYSE:AMCR) shares fell around 4% since the company’s reported Q4 results last week. Quarterly EPS came in at $0.07, worse than the...

Enviva Downgraded to Sector Perform From Outperform at RBC Capital

RBC Capital downgraded Enviva Inc. (NYSE:EVA) to sector perform from outperform, lowering their price target to $76 from $80. While the analysts still believe in...

‘Big Short’ Michael Burry’s Firm Sells All Stocks but One in Q2

'Big Short' Investor Michael Burry’s Scion Asset Management sold all but one of its stock holdings in Q2. The asset management firm, which held...

NVIDIA’s Upcoming Q2 Earnings Preview

Deutsche Bank analysts provided their outlook on NVIDIA Corporation (NASDAQ:NVDA) ahead of the upcoming Q2 results, scheduled to be announced on Aug 24. Following the...

What to Expect From Salesforce’s Upcoming Q2 Earnings?

Oppenheimer analysts provided their outlook on Salesforce, Inc. (NYSE:CRM) ahead of the company’s upcoming Q2 earnings, expecting an in-line quarter with upside potential to...

NICE Reports Q2 Beat, Provides Guidance

NICE (NASDAQ:NICE) reported its Q2 results, with EPS of $1.86 coming in better than the Street estimate of $1.79. Revenue was $530.6 million, beating...

Bill.com Holdings Shares Surge 17 percent Following Q4 Results

Bill.com Holdings, Inc. (NYSE:BILL) shares were trading more than 17% Friday afternoon following the company’s reported Q4 results, with EPS coming in at ($0.03),...
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