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Business News
CWEB Summarized Business Newsletter September 29, 2023
With the deadline approaching at 12:01 AM ET on Sunday, chances of averting a shutdown of the federal government are diminishing. If additional funding...
Huntington Ingalls Stock Gains Following JPMorgan Upgrade
Huntington Ingalls (NYSE:HII) stock rose more than 1% pre-market today after JPMorgan analysts upgraded the company from a Neutral rating to Overweight. They also...
Amazon Stock an Outperform at Evercore
Evercore ISI analysts reasserted an Outperform rating for Amazon (NASDAQ:AMZN) with a price target of $190.00. The firm’s analysis highlighted the recent 15% decline...
Workday Stock Drops 10 percent on Disappointing Long Term Guidance
Workday (NASDAQ:WDAY) experienced a 10% intra-day drop in its shares due to the disappointing long-term guidance provided during the Workday Rising event, leading several...
CarMax Shares Plummet 10 percent Following Q2 Earnings Results
CarMax (NYSE:KMX) shares plunged more than 10% intra-day today following the company’s reported mixed Q2 earnings.
The used vehicle retailer fell short of the average...
Accenture Plunges 5 percent After Q4 Earnings Report
Accenture (NYSE:ACN) shares dropped more than 5% intra-day today after the company released its Q4 results and provided guidance for its full fiscal year.
The...
CWEB Summarized Business Newsletter September 28, 2023
This week, mortgage rates reached their highest point in 23 years, dealing a further blow to the housing industry. According to Freddie Mac, the...
CVS Pharmacy Staff Stage Walkout Over Patient Safety Concerns: Demanding Change in ‘Unsafe Environment’
Over the past few days, a lot of pharmacies in and around the Kansas City metro area have been temporarily closed. The pharmacists are protesting...
SoundHound AI Stock Expected to Grow Over 200 percent
DA Davidson analysts began covering a stock in the artificial intelligence (AI) sector that they believe is currently undervalued due to its past status...
Squarespace Stock a Buy at BofA Securities
BofA Securities analysts reiterated their Buy rating on Squarespace (NYSE:SQSP) with a price target of $35.00. The analysts believe that Squarespace is well-positioned to...