The excess inventory piling up at large retailers such as Target and Walmart is proving a boon for liquidators and other companies that help dispose of the oversupply. Liquidity Services Xcess Limited...
Tag: Durable Household Products
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...
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...
Roku’s stock plunges 28% on weak outlook, misses at top and bottom lines
Roku Inc.’s stock quickly plunged 28% in extended trading after the company offered paper-thin guidance and reported fiscal second-quarter results Thursday that fell short of Wall Street analysts’ for...