Roku said it expected two of its main revenue drivers—advertising and sales of streaming hardware—to come under further pressure during the second half of the year, sending the company’s shares down 2...
Tag: appliances
Fed Up With China, One Boss Tries Removing It From the Supply Chain
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How to Bottom-Pick a Stock
Text size Chewy stock has gained 63% since we made it a pick. That’s every trader’s dream, but it requires getting the timing right—and a whole lot of luck. Michael Nagle/Bloomberg Buying winning stoc...
The Stock Market Had a Great Week. Can the Good Times Last?
Text size *** ONE-TIME USE *** People attend the Mega Job Fair held at the FLA Live Arena on June 23, 2022 in Sunrise, Florida. The job fair had 8,000 jobs available from 100 different employers and e...
Revlon Has Declared Bankruptcy. More Defaults Could Be on the Way.
Text size Cosmetics company Revlon has filed for Chapter 11 bankruptcy. There could be more defaults on the way for U.S. companies. Dreamstime With fears that a recession is looming, there could be mo...
Cosmetics Maker Revlon Nears Chapter 11 Filing
Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and...
Best Buy’s New Environmentally Sound Service Will Cost You
Best BuyBBY recently became the first national retailer to offer a service that picks up old tech from customers’ homes to be recycled. The price of the service, at $199, however, may come with some s...
Cathie Wood’s Flagship Fund Is Down 45% This Year. Money Is Still Flowing In.
Cathie Wood’s ARK Innovation exchange-traded fund keeps falling, but investors aren’t jumping ship. Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—inclu...
Procter & Gamble hikes dividend by 5%
Procter & Gamble Co. PG, -0.30% said late Tuesday its board approved a 5% dividend hike for its 66th straight year of dividend increases. The consumer products maker said it will pay a quarterly d...
Why P&G Just Gained a New Fan
Text size P&G’s products were popular earlier in the Covid-19 pandemic. Joe Raedle/Getty Images Investors have been wary of consumer staples stocks lately, given worries about high inflation...
Opinion: Amid a global chip shortage, Intel is making less money — how did that happen?
Intel INTC, -2.48% was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Though Samsung’s main business is memory chips, which is a different segment of the market to Intel’s...
Opinion: A 27-year-old truck driver just became Robinhood’s first big headache of 2022
Less than a week into the new year, a 27-year-old truck driver from Connecticut might have given Robinhood HOOD, -1.76% a whole new thing to be worried about in 2022. On January 6, an arbitrator for t...
Tesla and Moderna Stock Started 2022 Differently—What History Says Happens Next
The first trading day of 2022 saw both the Dow Jones Industrial Average and S&P 500 finish at record highs for only the sixth time in history and the second time in 30 years. The stock market acti...
Roku Stock Is Heading For Its Biggest Drop Ever. Analyst Calls Earnings Awful.
Text size Roku reported revenue of $764.4 million in the latest quarter. Wall Street was expecting $804 million. Dreamstime Roku stock cratered after the video-streaming company’s earnings fell far sh...