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China's Post-Pandemic Pullback: A $129-Billion Blow To Global Tourism Sector
Friday, January 19, 2024 - 4:26pm | 856Read More...China’s overseas travel has never significantly recovered since the COVID-19 pandemic. Although the country lifted all pandemic measures over a year ago, foreign tourism remained substantially lower than pre-pandemic levels. Data from aviation analytics firm Cirium, reported by Bloomberg,...
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Costco Stock At New 52-Week High: Is It Time To Check Out Yet?
Monday, January 15, 2024 - 4:24pm | 445Read More...Costco Wholesale Corporation (NASDAQ:COST) stock is trading at new 52-week high levels. Following a seven-day rally, the stock briefly touched the $683.72 level on Jan. 12, closing out at $683.24. The stock has had a pretty good run over the past year, up about 45%. Costco stock is making new...
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What Happened With Shopify Stock?
Tuesday, January 9, 2024 - 7:47pm | 296Read More...Shopify Inc. (NYSE: SHOP) shares traded higher on Tuesday. The stock continued to rebound from recent losses and made a new high. Here are the details. What To Know: Shopify stock gained by over 3% despite any company-specific news behind the move. Prior to Tuesday's move, shares had sold off...
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TikTok's Shop Is About To Get More Expensive: Company Increases Seller Fees, Ends Subsidies
Wednesday, January 3, 2024 - 6:27pm | 411Read More...TikTok is planning to increase its seller fees for the TikTok Shop to 8% from 2% plus a $.30 commission fee, according to The Information. Last year, The Information reported the shop would lose TikTok more than $500 million as it grew its e-commerce vertical. According to the...
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What Happened With Affirm Stock?
Wednesday, December 20, 2023 - 6:43pm | 378Read More...Affirm Holdings, Inc. (NASDAQ: AFRM) shares traded lower on Wednesday. The stock pulled back from recent strength seen on Tuesday. What To Know: Affirm stock rallied throughout November and into December, supported by first-quarter earnings, as well as the company's outlook, sales data...
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Why This Shopify Analyst Is Bearish, Even After Blockbuster Black Friday Performance
Tuesday, November 28, 2023 - 2:45pm | 294Read More...Shopify Inc (NYSE: SHOP) shares were down slightly in trading on Tuesday, following the rally after the company delivered a stellar Black Friday performance. The stock rallied this year, driven by the exit of the logistics business and “newfound emphasis on profitability,”...
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Retail Stocks Highlight Key Earnings For Week: What Investors Should Know About Ulta Beauty, Express, Build-A-Bear, Dollar Tree
Tuesday, November 28, 2023 - 2:32pm | 1054Read More...Several leading retail companies will report quarterly financial earnings this week, which comes shortly after the key Black Friday and Cyber Monday shopping holidays. Here's a look at some of the top companies reporting and what analysts are saying about them. Ulta Beauty Earnings: Retailer Ulta...
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Target Makes Customers' Holiday Merrier With Exciting New Deals, Including 2-Day Cyber Monday Sale
Friday, November 24, 2023 - 12:35pm | 451Read More...Target Corp (NYSE: TGT) announced plans for its two-day Cyber Monday sale, which will run from Nov. 26-27. The sale will feature thousands of items up to 50% off, which includes apparel and accessories, electronics, bed and bath, and select toys, exclusively available on Target.com...
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Black Friday Bargain Bonanza For Shoppers, But Retailers Face Consumer Slowdown
Friday, November 24, 2023 - 12:18pm | 775Read More...It’s Black Friday! Expect frantic buying of the best bargains at retailers across all towns and cities. But this post-Thanksgiving shopping spree will be watched closely by investors for signs that consumers are beginning to tighten their belts. If, as many economic analysts suggest, a...
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2023 Holiday Shopping, Black Friday Survey Reveals Amazon, Walmart As Winners: A Look At The Trends
Wednesday, November 22, 2023 - 3:40pm | 778Read More...The 2023 holiday shopping season started for many and will kick into high gear for others with the annual Black Friday shopping holiday, which offers discounts from a number of publicly traded retailers. Here's a look at the trends for consumers for the 2023 holiday shopping season. What Happened:...
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Record-Breaking Discounts On Clothes, Electronics For Holiday Season, Says Adobe
Thursday, October 5, 2023 - 3:03pm | 486Read More...Adobe Inc (NASDAQ: ADBE) released its annual holiday shopping forecast Thursday and expects consumers to see record-breaking deals this season. The company also said it expects U.S. consumers to spend more than $220 billion in online holiday shopping, good for about 5% year-over-year growth....
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Gap Q2 Earnings Preview: Earnings Estimates, What Analysts Are Saying And Key Items To Watch
Wednesday, August 23, 2023 - 5:15pm | 1014Read More...Apparel retail company Gap Inc (NYSE: GPS) is set to report second-quarter financial results at 1:15 p.m. PT, Thursday, Aug. 24, 2023. Here’s a look at the earnings estimates, what analysts are saying and some of the key items investors should be watching. Earnings Estimates: Analysts...
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Labor Department Imposes $1.35M Fine On Dollar Tree; Reaches Settlement To Address Work Conditions
Wednesday, August 23, 2023 - 12:40pm | 351Read More...The U.S. Department of Labor said its Occupational Safety and Health Administration (OSHA) entered into a settlement agreement with the discount retail chain Dollar Tree Inc (NASDAQ: DLTR) to improve workplace safety in stores nationwide. The settlement agreement requires Dollar Tree and its...
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Walmart Delivers Broad-Based Market Share Gains: Analysts Deep Dive Into Q2 Print, But Have Concerns About Q3
Friday, August 18, 2023 - 9:22am | 497Read More...Walmart Inc (NYSE: WMT) reported on Thursday solid second-quarter earnings, even as rival Target Corp (NYSE: TGT) posted a decline in quarterly sales. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Walmart...
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How Long Will Target Take To Recapture Margins? 6 Analysts Deep Dive Into Q2 Print, Outlook
Thursday, August 17, 2023 - 12:07pm | 734Read More...Target Corp (NYSE: TGT) reported a decline in quarterly sales after the Pride month (June) backlash, even as rival Walmart Inc (NYSE: WMT) smashed second-quarter estimates. Here are some key analyst takeaways from the earnings release, which came during an exciting earnings season. Telsey...
















