Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...
Tag: Sales
Ford’s February auto sales jump 22% from subdued 2022 results
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Mi...
Weekly NFT sales surge after Blur’s new airdrop; Tether gains market cap as investors drop BUSD; TMS Network (TMSN) Presale Sells Out! The Go-To Platform For Traders
With the start of 2023, the crypto industry has started seeing price improvements, and with it, a number of more additional activity in the sector. While some has been good, and some bad, there is no ...
Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up
Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...
Coupang’s Slowing Sales Growth Mars Second Quarterly Profit
(Bloomberg) — Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported lower sales than analysts estimated, marring another profitable quarter for the company. Mo...
As Polygon (MATIC) NFT Sales Soar, Outpacing Dogecoin (DOGE), TMS Network (TMSN) Presale Keeps Investor Confidence High
In order to stay relevant in a fast-changing market, platforms need to either have high-level support or find ways to stay relevant to their communities. To keep up, Polygon (MATIC) started offering N...
Medical Scrub Disruptor FIGS Posts 12.6% Sales Growth in Q4, Issues 2023 Guidance
By Exec Edge Editorial Staff Santa Monica-based medical apparel maker FIGS, Inc. reported a jump in revenue thanks to more orders from existing and new customers. The company, which went public in ear...
Target invests in cheap chic as sales slow
An increased number of mannequins feature clothing and shoes throughout the remodeled Target store in Orange, California. Jeff Gritchen | MediaNews Group | Getty Images NEW YORK — As Target sees growt...
January pending home sales show rush of contracts
Saul Loeb | AFP | Getty Images A sharp drop in mortgage interest rates brought homebuyers out in force in January, but rates have bounced back higher again, so the gains may be short-lived. Signed con...
T-Bill Sales to Get Slashed Soon as Debt-Cap Deadline Draws Near
(Bloomberg) — The US Treasury Department is on the cusp of once again having to slash the amount of Treasury bills floating around, potentially creating ripples in funding markets as investors c...
Pending home sales data startles to the upside in January; Refinancing down 72% YoY
The National Association of Realtors released its Pending Home Sales Index (PHSI) for January 2023 and registered a rise of 8.1% MoM to settle at 82.5, the biggest monthly increase since June 2020. Th...
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales h...
Billionaire Kwek Leng Beng’s CDL Posts Record Profit On Hotel Rebound, Robust Home Sales
Kwek Leng Beng, chairman of City Developments Ltd., speaks during a news conference in Singapore, on … [+] August 11, 2017. Nicky Loh/Bloomberg City Developments Ltd. (CDL)—controlled by billion...
NFT Sales Surge Over 43% in Past Week, Topping $397 Million – Markets and Prices Bitcoin News
Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 ...
OpenSea Temporarily Drops Fees on NFT Sales to Zero
Non-fungible token (NFT) marketplace giant OpenSea announced some changes to its fee structure. This comes amid an open challenge by one of its competitors, which suggested that NFT creators boycott ...
MicroStrategy Has Raised $46.6M Through Share Sales Since September
Join the most important conversation in crypto and web3! Secure your seat today Michael Saylor’s MicroStrategy (MSTR) disclosed that it’s raised $46.6 million via share sales since it ente...
NIO Inc. (NIO): Can a boost in EV sales also boost the price?
NIO is to release the Q4 and full 2022 unaudited financial reports on March 1, 2023. Vehicle Sales dropped 35% in January. NIO Inc., a multinational Electronic Vehicle manufacturer ranked 6th in Chin...
Legal marijuana sales licenses give second chance to ex-cons
Tahir Johnson said he’s on track to be one of the first people with a marijuana related conviction to open a licensed dispensary in New Jersey. “The generational wealth this will create fo...
Fiscal Retail Sales Up 9.4% Surpassing Pre-Pandemic Levels
Retail sales for the fiscal year were up 9.4% partly driven by e-commerce, curbside pickup, and … [+] mobile purchasing. getty The financial year for many retailers ends in January, and recently...
Biogen Stock Slumps As Pressure Points Likely To Limit 2023 Alzheimer’s Sales
Biogen (BIIB) stock was hamstrung Wednesday on a mixed 2023 outlook that assumes expenses for new Alzheimer’s treatment will outpace its sales. X Despite beating fourth-quarter expectations, Bio...
Bitcoin Rallies as Stock Markets Tank After Hot U.S. Retail Sales
U.S. retail sales rose 3% in Jan. 2023 to $697 billion, beating analysts’ 2% estimates and exceeding December sales by 4.1% as healthy demand and CPI point to rising inflation. Rising retail sales sug...
Stocks rise after strong retail sales data
U.S. stocks capped a choppy session higher Wednesday as investors pondered the outlook for interest rates after economic data showed strong consumer spending and an uptick in inflation across January....
Despite Some Stumbles, Total Sales In U.S. Cannabis Market Could Soar To $50.7 Billion By 2028, Says Top Researcher
A marijuana leaf lies on top of a pile of U.S. dollars. getty The U.S. legal cannabis industry took some hits in 2022 but according to top cannabis researcher Brightfield Group, the market is estimate...
Jefferies downgraded this retail stock despite strong retail sales report
S&P 500 is trading down on Wednesday after the Census Bureau said retail sales were up way more than expected in January. American Eagle Outfitters stock lacks upside For the month, advanced retai...
Retail sales January 2023:
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3%, compared to expectations for a ri...
Walnut launches OpenAI-powered integrated sales demo suite ‘Ace’
Interactive sales demonstration platform Walnut has launched ‘Ace’, its latest product suite, to help sales teams leverage integrations with OpenAI, Slack, and Gmail to streamline the demo process. Te...
Coca-Cola HBC Rises 5.9%, Leads FTSE 100 Higher As Sales Hit Record Levels
Photo by Justin Sullivan/Getty Images Getty Images The Coca-ColaKO Hellenic Bottling Company (HBC) share price soared on Tuesday as it announced record sales for the last year. At £20.56 per share the...
Hong Kong’s John Lee Shrugs Off Investors’ Concerns Over National Security Terms In Land Sales
Hong Kong officials have begun to include national security terms in land sale documents. Lam Yik/Bloomberg Hong Kong Chief Executive John Lee on Tuesday denied that adding national security clauses t...
PLTR Stock Surges As Government Sales Drive Palantir Earnings Beat
Palantir Technologies (PLTR) on Monday reported fourth-quarter earnings and revenue that topped Wall Street targets. PLTR stock jumped, though full-year 2023 revenue guidance came in below expectation...
Berkshire Hathaway’s 4Q Equity Buys and Sales to Be Disclosed in Filing Tuesday
What were Warren Buffett and his colleagues at Berkshire Hathaway up to with their $350 billion equity portfolio last quarter? Investors will find out very soon. A regulatory filing expected Tuesday s...