Shares in CATL, the world’s largest battery maker, fell nearly 4% on Wednesday after the Chinese company warned that its annual revenue …
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Business
Jefferies downgrades Apple to “underperform” citing potential revenue disappointment.
by Tim McBrideby Tim McBrideJeffries Downgrades Apple Stock Amid Weak Revenue Estimates Jeffries analyst Edison Lee has downgraded Apple stock, warning of potential weak revenue growth …
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Former Congressional Budget Office Director Doug Holtz-Eakin Explains the Impact of Tariffs on Canada and Shares Thoughts on President-Elect Trump’s Agenda and …
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Business
TSMC reports quarterly profit and significant revenue growth in early 2025.
by Curt Heenanby Curt HeenanTaiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, posted a record quarterly profit and predicted robust revenue growth in the first …
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Business
Trump to Establish Separate Revenue Service for Tariff Collection
by Tim McBrideby Tim McBrideU.S. President-elect Donald Trump on Tuesday announced that he will create an “External Revenue Service” to collect “Tariffs, Duties and all Revenue …
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Moderna Lowers 2025 Sales Guidance by $1 Billion Moderna Inc. has lowered its 2025 sales guidance by roughly $1 billion due to …
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Business
UBS Lifts Price Target on Strong Revenue and Earnings Outlook
by Curt Heenanby Curt HeenanUBS Analysts Increase Price Target for Delta Air Lines Amid Robust Revenue Growth UBS analysts have increased their price target for Delta …
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The New York Liberty’s victory in the 2024 WNBA Championship has seen a surge in the advertising market, with major media companies …
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Business
Scholastic shares plummet 14% on disappointing Q2 earnings and revenue.
by Curt Heenanby Curt HeenanScholastic Shares Fall 14% After Q2 Earnings Miss Estimates Scholastic Corporation shares plummeted 14% after the children’s book publisher reported fiscal second …
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Business
Adobe’s shares plummet 14% after issuing disappointing 2025 revenue forecast.
by Tim McBrideby Tim McBrideAdobe Shares Plummet 14% After Disappointing Revenue Guidance Adobe shares fell 14% on Thursday, their steepest drop since September 2022, after the …
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Business
JPMorgan boosts Netflix target as revenue growth accelerates.
by Curt Heenanby Curt HeenanJPMorgan Raises Netflix Target Price to $1,010 on Strong Subscriber Growth and Revenue Growth JPMorgan has increased its target price for Netflix …
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Business
BofA CEO Sees Brighter Business Outlook under Trump, Anticipates Revenue Surge
by Curt Heenanby Curt HeenanBank of America Sees Regulatory Changes Favoring Mergers and Acquisitions Bank of America’s Chief Executive Officer Brian Moynihan expects regulatory changes under …