Category: Retail News
3 takeaways from our daily meeting: Stocks jump, two trades and Club names in the news
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
We’re moving money from an oil name to a beauty stock that would benefit from a China Covid shift
This trade will result in a nearly dollar for dollar switch out of energy and into a name we think stands to benefit from a possible Covid policy chan [...]
Supreme Court rejects Trump ally Mike Lindell’s appeal in 2020 election lawsuit
The MyPillow CEO is fighting a defamation lawsuit filed by the voting machine company Dominion over his election conspiracy theories. [...]
Argus downgrades Nike to hold, says overstocked inventory will continue to weigh on retailer
Shares of Nike have come under pressure this year as the sports apparel giant dealt with global supply chain challenges. [...]
Peloton will put bikes in every Hilton-owned hotel in the U.S.
Peloton will put bikes in all 5,400 Hilton-owned hotels in the U.S., the company announced Monday. [...]
Disney executive Kareem Daniel joins McDonald’s expanding board
Daniel's appointment is part of a broader shakeup of the fast-food giant's board this year. [...]
Who needs another subscription service? Walmart is betting its millions of customers do
Walmart+ members tend to be more affluent than the average Walmart shopper, but 1 in 4 members receives government-provided food assistance. [...]
Sorry, hard seltzer — beer companies are into canned cocktails now
Canned cocktails are making a splash. Beer companies, drawing from previous success with hard seltzer, are getting in on the craze. [...]
What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike provides valuable insights for Club stocks Apple, Starbucks and TJX Companies. [...]
3 takeaways from our daily meeting: Still oversold, picking at chip stocks, Club names in the news
The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET. [...]