Text size Target store shopping carts in Miami. Joe Raedle/Getty Images It’s been a volatile month for stocks as investors have navigated a complex macroeconomic minefield — from rising interest rates...
Tag: Retail
Chainlink [LINK] – Retail investors should look forward to more ‘whaling’ around
Chainlink, building on its uniqueness, has reached a point where the kind of services it provides to blockchains, DApps, and crypto-companies have become pretty much exclusive to Chainlink. Even if an...
NFA Fines Interactive Brokers $250k for Retail FX, Supervisory Failures
The National Futures Association (NFA), the United States’ derivates industry watchdog, has fined Interactive Brokers LLC, an American multinational brokerage firm, $250,000 in fine. Take Advantage of...
Top Retail Stocks for Q2 2022
The retail industry provides a variety of finished goods, both durable and non-durable, to individual consumers and households. The industry also sells services. Products sold by retail companies incl...
The Retail Revival In NYC’s Meatpacking District
New York City’s Meatpacking District is experiencing a retail revival post-COCID shutdowns. Meatpacking District New York City’s Meatpacking District, which earned its name from the slaughterhou...
Peloton Stock Halted, Tumbles After Surprise Membership Price Hike
Updated at 3:23 pm EST Peloton (PTON) – Get Peloton Interactive, Inc. Class A Report said Thursday that it will boost the price of its connected fitness programs for the first time in eight yea...
stay away from these two retail stocks
The VanEck Retail ETF has recovered close to 10% over the past two months, but a Wells Fargo analyst on Thursday picked two popular names in this sector that, he says, investors should continue to avo...
Rite Aid Stock Is Soaring. The Outlook Impresses Investors.
Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...
Amazon CEO Says One Sector of Crypto Economy Will Grow Significantly – Is the Retail Giant Preparing To Accept Bitcoin?
A top executive at online retail giant Amazon says that he believes one nascent sector of the crypto industry will continue to see extensive growth. In a new interview with CNBC Squawk Box, Amazon CEO...
Retail Sales Slow In March As Prices Continue To Climb
March gasoline sales rose 8.9% compared to February and are 37% higher this year compared to last … [+] year. Gas prices were up 18.3% in March. (Photo by Jeff Gritchen/MediaNews Group/Orange Co...
Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high
Customers pushing shopping carts shop at a supermarket on April 12, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images Consumers continued to spend in March even as...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
50,000 retail store closures in U.S. by 2026 after pandemic pause
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens retailers filing for bankruptcy, which emptied out shopping malls and left vacancies scattered along the streets major ...
A Lesson About Wealth From Elon Musk, the World’s Richest Human
Text size Tesla CEO Elon Musk, who is the world’s richest human. Patrick Pleul/POOL/AFP via Getty Images Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market research...
Three value stocks that can provide safety as interest rates rise
Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...
The end of one-chip wonders: Why Nvidia, Intel and AMD’s valuations have experienced massive upheaval
It wasn’t too long ago that Intel Corp. was the unquestioned king of U.S. chip makers and the largest semiconductor company by market capitalization. It’s also not long since most computing was done w...
IKEA Sees Sustainable Plan In Secondhand Furniture
IKEA is making its Buy Back & Resell program permanent across its 37 U.S. stores following a pilot last summer. The service applies only to used IKEA furniture that is fully assembled and function...
CarMax’s Awful Earnings Send a Warning to All Car Stocks. Here’s What to Know.
Text size Cars sitting in the parking lot are reflected in the windows of used car retailer CarMax. Yana Paskova/Getty Images Used car giant CarMax delivered an earning miss that has sent the stock lo...
Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal
Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...
Shopify Plans Stock Split That’s Bound to Tap Retail Frenzy
(Bloomberg) — Canada’s Shopify Inc. just became the latest tech giant to announce plans to split its stock in a bid to bring a higher number of loyal retail investors to its shareholder base. Mo...
‘The graveyard shift is the most understaffed:’ I work as a waiter on the Las Vegas Strip. We are overworked, underpaid, and our drunk customers often don’t tip
Dear Quentin, I currently work at a fast-casual restaurant on the Las Vegas Strip. I have worked at the company for three years. I work at the busiest outlet of this restaurant in the world. During t...