AMZN Stock Down as Nike Ends Direct Selling to Online Retailer
AMZN stock is in the red on Wednesday after Nike Inc (NYSE:NKE) said it would stop selling its products directly to Amazon (NASDAQ:AMZN).
Nike Ends Two-Year Pilot Program
The sportswear giant has said …
UAA Stock Gains as Under Armour Founder Steps Aside
UAA stock is up 6% today after Under Armour Inc (NYSE:UAA) founder and CEO Kevin Plank announced he was stepping back from the company.
Plank has been the CEO of the sports performance …
The Mobile Payments Battle: Which Stocks to Look Out For
Mobile payment stocks are definitely not a new arrival on the market. They’ve been around for a couple of years now, becoming increasingly popular as a generation of online shoppers grow up in an era …
Why 2 Giant Retail Stocks are Fighting to Control the Online Grocery Market
It’s no revelation to predict that gigantic retail stocks will continue providing investors with safe, reliable returns. You don’t have to be Nostradamus to know that a company with a market cap in the hundreds …
BABA Stock Drops in Latest Twist to Trump’s Trade War
BABA stock and other major Chinese stocks are down today amid reports that the White House is considering ways to limit US investment in China.
Trump Administration Considering Options to Limit US Investment in … Read
AMZN Stock Could Rise Nearly 50% Next Year According to Analysts
AMZN stock could rise 46% next year as a result of Amazon’s (NASDAQ:AMZN) one-day Prime shipping being rolled out in the US, according to RBC.
RBC Capital Markets analyst Mark Mahaney believes that …
ULTA Stock Plunges 20% After Company Lowers Fiscal 2019 Guidance
ULTA stock tanked more than 20% in Friday’s trading session after Ulta Beauty Inc (NASDAQ:ULTA) missed Q2 earnings estimates. The company also lowered its FY2019 guidance in line with expected industry-wide sales headwinds.
Q2 … Read
Target Stock Hits All-Time High After Outstanding Financial Quarter
Target stock soared 20% to an all-time high of $103 after the consumer goods retailer posted exceptional second-quarter results.
Target’s (NYSE:TGT) second-quarter profits were up 17% to $938 million USD, while revenues saw …
HD Stock Up 4% After Home Depot Posts Q2 Earnings
Home Depot (NYSE:HD) posted its Q2 fiscal results on Tuesday, beating analyst expectations and boosting HD stock 4.4%.
A Mixed Bag
The company’s results were somewhat of a mixed bag. The home improvement …
M Stock Plunges 15% on Poor Q2 Report Caused by Store-Wide Markdowns
Macy’s (NYSE:M) has a big problem. Not only did it report a weaker-than-expected earnings report Wednesday, but M stock is now in free fall, currently down in double-digits.
Here’s what happened.
M … Read