Text size Norwegian Cruise Line Holdings ships sit idle. The company and Carnival saw large stock buys by insiders. Tim Rue/Bloomberg All three cruise-line operators are pretty much in the same boat t...
Tag: Consumer
Aussie consumer group calls for better crypto regs due to ‘lagging laws’
Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a proposed regulatory framework for cryptocurrency exc...
China to Airdrop 30 Million Digital Yuan to Increase Consumer Spending – crypto.news
The city of Shenzhen will be airdropping 30 million digital yuan to residents as a way to increase people’s consumption and support businesses. Shenzhen Residents to Receive 30 Million Digital Yuan ...
Australian consumer group calls for urgent regulation of crypto
? Want to work with us? CryptoSlate is hiring for a handful of positions! Australian consumer advocacy group Choice urges the new Labor government to prioritize cryptocurrency regulation, the Australi...
$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending
The use of China’s Central Bank Digital Currency (CBDC) is currently being boosted by the city of Shenzhen, according to reports that the authority has airdropped 30 million Digital Yuan (e-CNY) to it...
City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending
According to local news outlet Shanghai Securities News, the city of Shenzhen will airdrop 30 million digital Chinese yuan (e-CNY) to local residents in an attempt to revitalize consumer spending. Th...
Analyst: iPhone sales are ‘less volatile to consumer spending’
Shares of Apple Inc (NASDAQ: AAPL) are struggling to pull out of the “red” this year, but Chris Caso continues to see upside to $190 in the stock. Highlights from his interview on CNBC The...
Costco’s Latest Earnings Show Why the Stock Is a Winner
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
China’s Reopening Plans Spark Rally in Consumer Stocks, Yuan
(Bloomberg) — The yuan and Chinese consumer stocks rallied as key cities eased Covid restrictions, spurring bets that the worst of the economic impact from strict lockdowns is over. Most Read fr...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble – Coinotizia
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and reco...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble – Economics Bitcoin News
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and reco...
How NFTs Will Drive the New Wave of Consumer Loyalty
“Really, what brands are doing right now is saying ‘we want you to complete this survey so we understand you better, and in return we’ll give you this NFT or cryptocurrency,’” said Jurek. “With digita...
Under Armour Stock Got Pounded. The Comeback Will Be Slow.
Under Armour has been hurt by supply-chain woes and pandemic-related lockdowns in China. Courtesy of Under Armour Text size There were a lot of reasons to be optimistic about Under Armour in April. Th...
Retail Stocks Rebound But ‘Feast Or Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn
Topline The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts pre...
Bank of America CEO says nothing will slow U.S consumer from spending money
Brian Moynihan, CEO of Bank of America, speaking at the WEF in Davos, Switzerland on May 23rd, 2022. Adam Galica | CNBC U.S. consumers are “in good shape” and will keep spending at an ele...
Electric Car Revolution Needs Honest Data To Avoid Consumer Backlash
Audi e-tron GT – promises 298 miles, delivers between 205 and 210 miles (Photo by Manfred … [+] Schmid/Getty Images) Getty Images The electric car revolution needs to woo buyers on average...
The Crypto Winter Would Not Affect The American Consumer But Plummeting Stock Prices Will Goldman Sachs Inc
Hatzius estimates that corporate equities account for around 33% of household net wealth. According to Hatzius, the decrease in stock prices this year has reduced family net worth by almost $8 trillio...
After Big Pullback, It’s Time to Shop for Walmart Stock
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers
Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan/Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advanc...
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead Price levels continue to rise at a rate we haven’t s...
DraftKings’ Risk Profile Is ‘Highly Favorable.’ It’s a Buy, Analyst Says.
Text size Interior views at DraftKings Sportsbook Manchester in Manchester, New Hampshire. Scott Eisen/Getty Images for DraftKings As online sports betting continues to gain traction in new state mark...
Disney serves as a ‘consumer tracker’ amid recession watch, analyst explains
As investors and analysts watch to see if rising rates and rampant inflation dampens consumer spending, which could tip the U.S. into a recession at some point, the world of Disney (DIS) may prove to ...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...