A year ago, Heather Hasson and Catherine “Trina” Spear traveled from Santa Monica, Calif., to New York to ring the opening bell at the New York Stock Exchange. The co–chief executives of FIGS, an onli...
Tag: Retail
Amazon Stock Plunges in Wake of Target, Walmart Debacles. This Is Why.
Text size Things may be worsening at a rapid pace for Amazon. Cindy Ord/Getty Images Amazon . com shareholders just got another reality check from Walmart and Target . The surprising inability of two ...
3 takeaways from ‘a wild 48 hours in retail’
It doesn’t take a brain surgeon to suss out a host of negatives from the brutal earnings results and conference calls from Target and Walmart this week. All of them come to the same conclusion t...
Why does an official at the Bank of England think that Crypto isn’t understandable to Retail Investors?
Since cryptocurrencies and blockchain technology are newer in front of the world, the skepticism regarding them is quite normal. Recently, The Wall Street Journal organized an event where Jon Cunliff...
Bank of England Official Says Retail Investors Don’t Understand Crypto
Alex Dovbnya Bank of England official Jon Cunliffe says there’s no intrinsic value around cryptocurrencies During a recent event hosted by The Wall Street Journal, Bank of England Jon Cunliffe opined ...
Ban Retail from Trading Crypto Derivatives Says Dutch Finance Official
A Dutch financial official has suggested banning retail investors from trading crypto derivatives. Paul-Willem van Gerwen, an executive at The Netherlands Authority for the Financial Markets, offered ...
Retail Crypto Players Make Huge Exit In Q1 2022, Institutions Take The Lead
After a shiny 2021, this year has been really tough for all the retail players in the crypto market. The crypto market has undergone several cycles of correction and much recently during the last mont...
UK Regulators Reveal Retail Investors Find Research ‘Too Complicated’
A study by the United Kingdom’s Financial Services Compensation Scheme (FSCS) and the Financial Conduct Authority (FCA) revealed the grave concerns about the investment habit of retail investors. A pr...
Expect a rally if there’s good news from retail giants & China
CNBC’s Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday’s trading session will go. If we get more...
J.P. Morgan Says Buy Tencent and Alibaba. Why They’re Now Positive on Chinese Tech Stocks.
Text size Regulatory change had come sooner than the analysts had anticipated. Greg Baker/AFP via Getty Images Tencent Holdings and Alibaba Group saw their stock jump Tuesday after catching an upgrade...
Retail sales climbed 0.9% in April: Is a ‘recession’ still on the table?
Retail sales climbed 0.9% in April even as inflation remained at about a forty-year high, reported the U.S. Commerce Department on Tuesday. Notable figures in the retail sales report In comparison, th...
Opinion: Amazon’s stock price has slumped almost 34% this year. This money manager says it’s a steal and could surge 76% to $3,900 in 2 years
The stock market is a funny place: When great businesses go on sale, most people don’t rejoice. Instead they freak out. This presents an excellent opportunity for long-term investors who keep their wi...
BitMEX Unveils Spot Exchange to Lure Retail Crowd
BitMEX is all set to expand its product offering with the introduction of a spot new market to attract the retail crowd. At launch, the exchange will support seven trading pairs with Bitcoin (BTC), Et...
Will Curbs on the Gamification of Trading End Retail Demand?
Games are fun. But the cocktail of gaming and financial services can be dangerous. These two are contrasting phenomena and can be very risky. “Gamification techniques add games or game-like competitiv...
Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup
OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the bigge...
Best Buy Believes Time Is Ripe To Double Up On Outlets
Best Buy BBY is moving forward with its plan to double the number of outlet stores it operates over the next year. The consumer electronics retailer said it is opening four new outlets this summer and...
Chevron, Micron and 18 More Stocks Goldman Recommends to Ride Out the Storm
Text size Qualcomm is one of the 20 stocks on Goldman Sachs’ ‘margin of safety’ list. Pau Barrena /AFP via Getty Images Exxon Mobil , Qualcomm , Micron and Chevron are just some of t...
Jim Cramer dubs Amazon the ‘Boeing of retail’
Amazon.com Inc (NASDAQ: AMZN) is the “Boeing of retail”, said famed investor Jim Cramer on Monday as he blasted the Seattle-headquartered multinational for continued underperformance this ...
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First – Featured Bitcoin News
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a ...
Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets
It’s tight quarters in Wall Street’s bear sleuth these days. Goldman Sachs just downgraded their 2022 U.S. growth forecast (to 2.4% from 2.6%) and 2023 (to 1.6% from 2.2%), as senior chairman Lloyd Bl...
Retail’s Worry: As Philippine Trade Ramps Up
MANILA, PHILIPPINES – MAY 07: Ferdinand “Bongbong” Marcos Jr. waves a Philippine flag during his … [+] last campaign rally before the election on May 07, 2022 in Paranaque, Met...
Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay
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Covid lockdowns weigh on retail, industrial production data
The persistent spread of Covid and resulting stay-home orders — primarily in Shanghai — forced factories to close or operate at limited capacity in April. Pictured here on May 12 is a refrigerator fac...
Stock futures rise ahead of a big week of retail earnings
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retail...
Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year
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China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging
The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...