Tag: Retail industry
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Jim Cramer says Wall Street is fleeing the AI trade and buying these stocks instead
CNBC’s Jim Cramer said investors are rotating out of memory-chip winners and into companies with growth outside the data center buildout.
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Shein says it’s under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO
Shein disclosed the FTC is investigating its U.S. business, but the nature of the probe is unclear.
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Coca-Cola is about to report earnings. Here’s what to expect
Coca-Cola stock has risen 19% this year, outstripping the gains of the S&P 500.
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Shein swings to quarterly loss ahead of Hong Kong IPO
The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.
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Cocoa prices are easing. So why is chocolate still so expensive?
Chocolate firms look to win shoppers back with premium products and social media trends after poor weather conditions, tariffs, and the Iran war hit sales.
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Here are 4 forces that drove a tough week for stocks
Investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments.
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Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year outlook as a result.
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Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here’s why
Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war.
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Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
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RFK Jr. says cyclospora outbreak is ‘under control’
Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is “under control” despite criticism.
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