Text size AT&T has completed the spinoff of WarnerMedia. Justin Sullivan/Getty Images AT&T wrapped up its WarnerMedia spinoff late last week, and the stock was rising on Monday. The stock jump...
Tag: Retail
Retail’s Pending Recession Is Fueled By Inflation With Seeds Of Stagnation
The Cyclone rollercoaster at Coney Island at night. (Photo by: Loop Images/Universal Images Group … [+] via Getty Images) Universal Images Group via Getty Images While everyone awaits the releas...
Pfizer’s New CFO David Denton Negotiated One of the Biggest Healthcare Deals in History
Pfizer on Monday named a new chief financial officer with a resume that hints at the company’s plans to spend big with its Covid-19 vaccine windfall. David Denton is taking up the CFO role at Pfizer (...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
Goldman Sachs, JPMorgan, Delta, TSMC, and Other Stocks for Investors to Watch This Week
Text size Uncredited First-quarter earnings season begins this week, kicked off as always by results from several big banks. JPMorgan Chase reports on Wednesday, followed by Wells Fargo , Goldman Sach...
FinTech Looks Like a $1.5 Trillion Growth Market
Illustration by Elias Stein Text size Wells Fargo ’s Jeff Cantwell says the time to buy fintech stocks is now—14 of them. Cantwell has started coverage of the group with Overweight ratings for all. Th...
As food prices hit an all-time high, more Americans have abandoned online grocery shopping and returned to supermarket aisles
More Americans are browsing again — in grocery-store aisles rather than online. With U.S. states abandoning mask mandates in public places, and more retailers dropping requirements for masks — and the...
Retail Stocks Are Winning. The Charts Say Keep These 2 on Your Radar.
Retail stocks lately have been quite strong — not quite to the level that we’ve seen out of energy, but certain stocks in this group have been pretty impressive. Specifically, I’m talking about ...
I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?
Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of...
How Do Zoomers Pay For Product And Why Does It Matter?
The way that people pay for goods and services has changed across the globe over the last 2 years … [+] and this applies across all demographics – yet Generation Z stands out. This demographic, ...
Keep an eye on these 9 beaten-down retail stocks, Jim Cramer says
CNBC’s Jim Cramer on Friday offered a list of nine discounted retail stocks that he believes could be great additions to investors’ portfolios. “Today we saw many of these discounted...
Alibaba Stock Hit by China Covid Outbreak. 4 Reasons to Hope for a Bounce.
Text size Alibaba stock faces headwinds from Covid-19 outbreaks in China. Greg Baker/AFP via Getty Images A renewed outbreak of Covid-19 in China has hurt the outlook for the e-commerce giant Alibaba ...
How Crocs, Kohl’s, And Other Brands Are Dodging The Supply Chain Margin Squeeze
Supply Chain getty For the past two years the retail industry has been whipsawed by a market landscape that seems to be constantly and dramatically changing. Lockdowns, supply chain disruptions, soari...
Farfetch To Invest Up To $200 Million In Neiman Marcus Group As Legacy Retailer Replatforms Bergdorf Goodman Unit
Neiman Marcus and Farfetch became strategic partners this week with a mission of expanding Bergdorf … [+] Goodman’s international reach as the first order of business. (Photo by Scott Olso...
Amazon Follows Apple and Tesla With a Big Move
Dips in stock prices often appear to be good entry points for investors who are considering buying a stock. But when the stock’s price is well into four figures, it can be hard for smaller inves...
Costco Roars to All-Time Highs, Making it One of The Best Stocks Now
Excluding portfolio management and diversification, if investors were long just Costco Wholesale (COST) – Get Costco Wholesale Corporation Report and didn’t read the news, they wouldn’t know th...
How IKEA, DICK’S Sporting Goods And Adidas Are Rethinking The Store
Stores need a reset. But this should not come as a surprise. Tech advancements challenged the traditional wholesale model. E-commerce exploded. Consumers wanted their orders faster, and companies resp...
Rite Aid stock plunges after Deutsche Bank cuts target to $1, warns of a ‘dramatic negative inflection point’
Shares of Rite Aid Corp. plunged toward a 2 1/2-year low Thursday, after Deutsche Bank analyst George Hill issued a dire warning that the drugstore chain’s equity could be worthless. Hill cut his rati...
How Bad Are Supply-Chain Delays? So Bad That Companies Are Already Placing Holiday Orders
It still takes an average of 80 to 90 days for items to be transported to the U.S. from Asia, double a previous range of 40 to 50 days. © 2021 Bloomberg Finance LP Plagued by problems from last year t...
Millennials have solved the retirement crisis
Wow. It looks like millennials have totally solved the retirement crisis. And it turns out it was a lot easier than anyone realized. The solution? Cryptocurrencies, of course. A new survey of 4,000 pe...
SEC Chair, Gary Gensler, Wants More Protection for Retail Crypto Investors –
Gary Gensler needs more guidelines for crypto trades to safeguard customers The SEC and CFTC offices are both competing for control of crypto There is still no reasonable administrative structure in t...
Retail Investors Accumulating Bitcoin as Price Ranges Near $46K
Tomiwabold Olajide Bitcoin is up 0.71% in the last 24 hours and down 2.46% in the past week Per IntoTheBlock data, retail investors are accumulating Bitcoin. Bitcoin presently trades at $46,200 after ...
Why U.S. consumers suspect gas price gouging — and how much stations actually profit from a gallon of the fuel
Oil company executives will be on the hot seat Wednesday at a House subcommittee hearing as U.S. consumers across the country allege gasoline price gouging at the pump, where drivers last month paid r...
Robinhood Rival Public.com Pitches Town Halls And Analytics To Reach Retail Investors. Ask Cathie Wood A Question
Trading app Public, which last year denounced the controversial payment-for-order-flow practice, has come up with a different way to offer free trades: sell public companies and ETF sponsors access an...
Bitcoin retail FOMO spikes most since 2017 but BTC price may still be ‘doomed’ — analyst
Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst at Blockwa...
SEC Chair Wants More Protection for Retail Crypto Investors
U.S. Securities and Exchange Commission Chair Gary Gensler has pushed for more efforts to regulate crypto exchanges in the name of consumer protection. Speaking at an event hosted by the University of...
Conagra says meat snacks and frozen food taking an inflation-related hit from protein and transportation costs
Conagra Brands Inc. says its meat snack and frozen food business is taking a hit from inflation, which is driving up protein, dairy and transportation costs. Conagra’s CAG, +0.20% brand lineup include...