Text size Anheuser-Busch InBevh as been seeing ongoing strength in its core Latin American markets. Drew Angerer/Getty Images Investors have had little to cheer when it comes to Anheuser-Busch InBev s...
Tag: Consumer
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still raging, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still raging, it’s time to follow his lead Price levels continue to rise at a rate we haven’t se...
Consumer Confidence Is Crumbling Despite Economic Expansion
Getty Images Key takeaways The Consumer Confidence Index fell 4.5 points between May and June to its lowest point since February 2021 (98.7) Despite low consumer confidence, the economy continues to e...
BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges – Market Updates Bitcoin News
Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year l...
DraftKings Lands New Bull as Profitability Nears. This Analyst Also Likes Penn.
Text size Casinos are traditionally unaffected even in a recession scenario. Ethan Miller/Getty Images DraftKings and Penn National Gaming stocks will outperform the market by selling additional produ...
Dow Plunges Nearly 500 Points, Recession Fears Resume As Consumer Confidence Hits New Low
Topline Stocks fell for a second day in a row on Tuesday as markets failed to build on last week’s strong rebound from 2022 lows, with investors once again selling off shares amid looming recession fe...
Stocks mixed as choppy trading persists, consumer confidence falls to 16-month low
US stocks were under pressure Tuesday, with the Nasdaq losing more than 2.5% in afternoon trading as selling ramped. As of about 2:30 p.m. ET, the S&P 500 was off 1.9%, the Dow fell by more than 4...
Goldman Sachs Sees Losses From Consumer Push Exceeding $1.2 Billion This Year
(Bloomberg) — When Goldman Sachs Group Inc. executives set out to woo investors in early 2020, they offered a promising outlook for their novelty Main Street business. The unit would go from a m...
Dave Wakeman Talks Tickets
Mick Jagger performs on stage during a Rolling Stones concert. (Photo by Lynn Goldsmith/Corbis/VCG … [+] via Getty Images) Corbis/VCG via Getty Images It is time again to visit with my friend Da...
Booking Holdings is not seeing signs of a consumer slowdown
Booking Holdings Inc (NASDAQ: BKNG) is hardly seeing any “ancillary” effect from a 40% increase in air fares over the past six months, CEO Glenn Fogel confirmed on a CNBC interview this mo...
US dollar forecast ahead of consumer confidence data
The US dollar index declined for the second straight day as investors waited for the upcoming consumer confidence data. The DXY index dropped to a low of $104, which is about 1.72% below the highest l...
Consumer sentiment falls to record low in June as inflation persists
Consumer sentiment hit a record low in June as Americans continued to face elevated prices for gas, food, and other goods and services. The University of Michigan’s closely watched Surveys of Co...
Consumer sentiment survey followed by the Fed shows inflation expectations ease slightly
A shopper inside a women’s clothing store in the East Village neighborhood of Des Moines, Iowa, on Saturday, Feb. 5, 2022. Kathryn Gamble | Bloomberg | Getty Images A widely followed consumer se...
Shopping Festival Sales On June 18 Rise & Highlight New Consumer Habits, Asian Equities Flash Risk Off
China Last Night KraneShares Key News Asian equities were mostly lower overnight despite the significant comeback in the US yesterday. Hong Kong saw a slight uptick in volume as Mainland China saw low...
3 Trends Shaping Consumer Shopping Behavior
As US retail sales data start to show the effects of recent economic turbulence, brands and retailers are digging deep on ways they can stay relevant in shoppers’ wallets. VISIONS 2022, a report relea...
Why Conagra Brands and Albertsons Could Be havens
Text size Albertsons Companies stock is down just 10% for the year and is about flat since May 20. Dreamstime The stock market has been a scary place this year, but grocery stocks may provide a haven...
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...
‘The Profit’ Star Marcus Lemonis Scooped Up Camping World Stock
Text size Marcus Lemonis, of the CNBC show “The Profit,” says RV company Camping World is “the most important thing” in his life. Michael Nagle/Bloomberg Camping World Holdings stock has tumbled in 20...
3 Undervalued Predictable Stocks In The Consumer Cyclical Space
Overview of the major U.S. indexes year to date. GuruFocus.com Summary Tyson FoodsTSN , Ingles MarketsIMKTA and Unilever offer potential value opportunities currently. As investors await a key monetar...
Gas Price Relief In Sight As Crude Oil Tumbles on Recession Fears
Updated at 1:32 pm EST U.S. drivers may get some near-term relief on gas prices heading into the Juneteenth holiday weekend as crude prices plunged to a three-week low in mid-day Friday trading amid o...
Netflix Q2 Subscriber Losses Could Be Worse Than Forecast, Analyst Warns
Text size The Netflix logo on top of its office building in Hollywood. Chris Delmas/AFP via Getty Images It’s now been almost three months since Netflix shocked investors with a very ugly first-quarte...