Wall Street is on recession watch amid “Armageddon” and “stagflationary purgatory.”
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Wall Street is on recession watch amid “Armageddon” and “stagflationary purgatory.”
Amazon.com has declined along with the broader Nasdaq-100. But other consumer-facing companies have fared much better. The chart below compares AMZN with competing retailers. It uses percentage-change charts with a six-month interval. Notice how the e-commerce giant...
After nearly three years of turmoil, normalcy could be returning to markets and the economy. Today we'll consider four trends that could indicate big changes from the chaos that began in early 2020 as coronavirus spread from China's Wuhan province. If they continue,...
Retailers are having a bearish week as inflation hammers major chains like Walmart and Target. The pain began on Tuesday when WMT reported sales growth of 2.4 percent, but a 23 percent drop in operating income. TGT followed by announcing that revenue increased by 4...
Stocks just broke a four-week losing streak. Now's the last lull before a surge of activity in the market. The S&P 500 rose 1.5 percent between Friday, September 25, and Friday, October 2. More than three-quarters of the index's members advanced as investors...
If you want to know the week that e-commerce officially took over the world, this might have been it. Companies including Minneapolis-based Target (TGT), Beijing-based JD.com (JD) and Singapore-based Sea (SE) rode strong digital trends to new record highs. Meanwhile,...
Stocks just broke a three-week losing streak as President Trump and China made progress to end a trade war between the world's two largest economies. The S&P 500 rose 0.6 percent between Friday, October 4, and Friday, October 11. The index also held some important...
Extreme gloom is spreading from technology to retailers. Target (TGT), Lowe's (LOW), TJX (TJX), Kohl's (KSS) and L Brands (LB) are all dropping today. Some missed earnings, others missed on same-store sales. Regardless, investors refused to give any the benefit of the...
Remember when everyone thought traditional retailers were going extinct? This week's earnings reports may have destroyed that narrative. "This is the healthiest environment I have ever seen," Target (TGT) CEO Brian Cornell told CNBC as his stock shot into record...