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Which retailers will be the big winners of the economic recovery?
Ben Rains dives into the broader market after a volatile week, driven by inflation fears. The episode then explores Walmart (WMT) and Target (TGT) ahead of their upcoming earnings releases to see if investors should consider either of the retail stocks as long-term buy and hold candidates. (0:45) – Stock Market Update: Everything You Need
Johnson & Johnson’s coronavirus disease (COVID-19) vaccines are seen at Northwell Health’s South Shore University Hospital in Bay Shore, New York, March 3, 2021. Shannon Stapleton | Reuters President Joe Biden on Monday will announce that the U.S. plans to send millions of additional coronavirus vaccine doses to foreign countries still being battered by the
In this article SBUX People wear protective face masks outside Starbucks in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 29, 2020 in New York City. Noam Galai | Getty Images Starbucks has changed its policy for wearing masks inside its cafes
Dr. Scott Gottlieb said Monday he expects more Americans to stop wearing face coverings to protect against the coronavirus in the coming weeks. “By June, nobody is going to be wearing masks. By June, I think, the prevalence [of Covid] is going to be sufficiently low in this country [and[ we’re just not going to be concerned
Family members of Vijay Raju, who died due to the coronavirus disease (COVID-19), mourn before his cremation at a crematorium ground in Giddenahalli village on the outskirts of Bengaluru, India, May 13, 2021. Samuel Rajkumar | Reuters The global pandemic isn’t over yet despite high Covid-19 vaccination rates in some countries, the head of the
Eric Homer, 14, receives a coronavirus disease (COVID-19) vaccination at a vaccine clinic for newly eligible 12 to 15-year-olds in Pasadena, California, May 14, 2021. Lucy Nicholson | Reuters U.S. Covid case counts fell further over the weekend, with data compiled by Johns Hopkins University showing the nationwide average at about 33,200 new cases per
A man with his dog enjoy a sunny day in Central Park, New York, as the CDC relaxes mask mandates for those who are vaccinated. Adam Jeffery | CNBC New York state will adopt the Centers for Disease Control and Prevention’s new mask guidance for fully vaccinated people starting Wednesday, Gov. Andrew Cuomo said Monday.
The chairman of Dubai’s flagship airline is optimistic about a return to travel between the United Arab Emirates and the U.K. — one of its top tourism and investment partners — even as a new Covid-19 variant threatens to complicate reopening plans. The mostly-expatriate desert sheikhdom of roughly 10 million has been on the U.K.’s
In this article WMT Source: Walmart From here on out, for Walmart, it’s all about customer retention and loyalty. One of the tools it will use to do that is Walmart+, a subscription service that the company launched in September. Walmart is expected to give a progress report on the program when it reports earning
President Joe Biden delivers remarks on the COVID-19 response and the vaccination program in the East Room at the White House in Washington, DC on May 17, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden warned Monday that coronavirus case numbers could rise once again in U.S. states with low Covid-19 vaccination
In this article DKNG DraftKings clock at UFC venue. Source: DraftKings Sports-betting company DraftKings reported better-than-expected loss per share and revenue for its first quarter, and raised its full-year revenue guidance. Shares were down more than 1% in the premarket after an initial pop on the report. Here are the key numbers: Loss per share: 36
A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Roku shares popped more than 11% in pre-market trading Friday after reporting earnings that showed advertisers are increasingly moving money into streaming TV. The company reported its highest quarterly
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose more than 5 percent in after-hours trading, following the release of its first earnings report since going public in a direct listing in
Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it has yet to set a target date for its next spaceflight test, which the company previously planned for this month. “Timing of next flight test
In this article PLTR Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter,
In this article POSH Rafael Henrique | LightRocket | Getty Images Poshmark on Wednesday reported first-quarter revenue growth of 42%, as consumers turned to the secondhand site to refresh their wardrobes without breaking the bank. “There’s a real meaningful shift as people are preparing for reopening,” said Manish Chandra, founder and Chief Executive, in a
In this article BTC.BS=-USS BTC.CB= The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares were down about 4% in after-hours trading on Thursday, despite revenue and net income