Category: Retail News
New hope China may soften on Covid boosts our stocks most tied to world’s No. 2 economy
As always, we take speculation out of China with a grain of salt, but we're encouraged by news surrounding BioNTech's mRNA Covid vaccine there. [...]
Carvana stock on pace for worst day ever as outlook darkens for used vehicle market
Shares of Carvana were on pace for their worst day on record Friday after the company missed Wall Street's top- and bottom-line expectations for the t [...]
3 takeaways from our daily meeting: Equities mixed, hopes for China reopening, buying Coterra
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as chief of Adidas
Adidas has faced a recent public relations crisis in its dealings with Ye, formerly known as Kanye West. [...]
Retailers have a new holiday headache — people are opting to travel, not shop
The peak shopping season will test spending priorities of consumers who are facing high inflation. [...]
Free returns may soon be a thing of the past as retailers roll out stricter policies
From shorter return windows to restocking fees, expect there to be limitations on what can be brought back and when. [...]
This deep value golf stock is set to triple, Jefferies predicts
Topgolf will likely continue beating expectations as more people discover the sport. [...]
Starbucks delivered solid quarter and guidance, imagine when China fully reopens
Starbucks' (SBUX) results give us confidence that demand can endure the softness in the global economy and China's zero-Covid policy. [...]
Starbucks earnings beat expectations as consumers spend more in its U.S. stores
Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion. [...]
4 of our stocks are in the news. Here’s the Club’s take on each development
Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) are the stocks, and two of them are higher in Thursday's session. [...]