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Business News
Jack Dorsey Takes Over Square for Now as Alyssa Henry, the CEO of Square, Steps Down
Alyssa Henry, the CEO of Square, is stepping down, and Jack Dorsey will take over in the meantime.The CEO of Square, a division of...
General Mills Reports Better Than Expected Q1 Earnings Results
General Mills (NYSE:GIS) reported a decline in adjusted earnings for the first quarter, but it still exceeded expectations. This achievement can be attributed to...
CVS Health Raised to Outperform Rating at Evercore
CVS Health (NYSE:CVS) saw a nearly 2% gain yesterday as Evercore ISI analysts upgraded their rating on the healthcare company from in line to...
Micron Technology’s Price Target Raised Ahead of Q4 Earnings Report
Goldman Sachs analysts increased their price target for Micron Technology (NASDAQ:MU) to $85.00 from $80.00 while maintaining a Buy rating ahead of the company's...
IBM Rated Outperform at RBC Capital, Stock Surges 3 percent
RBC initiated coverage on IBM (NASDAQ:IBM) with an Outperform rating and a $188 per share price target, the highest on the Street. As a...
Pinterest Stock Jumps 4 percent Following Two Upgrades
Pinterest (NYSE:PINS) saw more than a 4% surge intra-day today after two Wall Street analysts upgraded it to a Buy rating. They were impressed...
CWEB Summarized Business Newsletter September 20, 2023
A delay in further rate hikes is widely anticipated by the Federal Reserve today, providing some relief from rising rates for savers and borrowers....
Elon Musk suggests a ‘small monthly charge’ for all users of X formerly called Twitter
Tesla CEO Elon Musk, who is also the owner of X a platform that was formerly called Twitter, suggested on Monday that he would...
Google’s announces major expansion of its Bard AI chatbot
Google's (GOOGL) brings a major expansion of its Bard AI chatbot. Google remains at the forefront of innovation in the rapidly developing field of...
Carnival Receives an Upgrade Ahead of Q3 Earning Report
The analysts at Truist Securities upgraded Carnival Corporation (NYSE:CCL) from a Sell rating to a Hold rating, with a revised price target of $17.00,...