Tag: specialty retailing

Feds seize sites posing as Walmart web pages to sell phony COVID-19 cures

The U.S. Department of Justice has seized two internet domains that had allegedly been set up to look like Walmart WMT, -0.49% web pages selling...

What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like...

The Child Tax Credit will boost spending at Walmart, Amazon, Wingstop and other consumer brands

Walmart, Target, Amazon, Wingstop and Nike are some of the names that will benefit when consumers start receiving Child Tax Credit funds this Thursday, according...

Buckle up: This July 4, gas prices will hit $3.62 a gallon in some regions

Think about this when you fill your tanks this weekend. Heading into the July 4 holiday, gasoline prices are hovering at $3.09 a gallon on...

Opinion: What’s worth streaming in July 2021: ‘Ted Lasso,’ the Tokyo Olympics and more

The weather may be warming up in July, but the streaming offerings promise to keep it breezy. July’s streaming slate offers nothing too heavy and...

A huge day for meme stocks sees Mudrick reportedly dump AMC stock, and Roaring Kitty returns to rally GameStop die-hards

An extended holiday hiatus hasn’t stopped the meme stock mojo, with GameStop and AMC Entertainment registering stellar returns to start June action, sending supporters of...

After sweetest week since January, meme stocks end on slightly sour note

If there was a meme for meme stocks, this week’s choice would be “Kombucha girl,” the viral video of a woman trying the fermented tea...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

American Eagle sales could quadruple with demand for mom jeans and loose denim styles on the rise

American Eagle Outfitters Inc. is set to soar, according to UBS. The apparel and accessories retailer reported first-quarter earnings and revenue that beat expectations, but...

Will the Colonial Pipeline outage hike gas prices? It all depends on where you live

Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer after a long, hard pandemic...

Have you held any of these 20 stocks long term? Your current dividend yield might surprise you

Income-seeking investors love dividend stocks, many of which have attractive yields when compared to bond yields. They might like them even more when they realize...

Earnings season is starting. Why you might want to take a look at the weather, too.

Earnings season kicks off in earnest on Wednesday with reports from some of the largest banks in the U.S. Besides looking at earnings per share,...

Opinion: GameStop’s stock price is down 50% from the highs — and it’s still crazy

GameStop was not worth owning anywhere above $45 a share, given the company’s fundamentals, as explained when we closed our Focus List: Long position in the...

GameStop: The incredible unshortable stock

GameStop GME, -2.35% might be the unshortable stock. Shares in the Texas-based videogame retailer dropped by more than 10% at the open Monday after the...

GameStop stock was reaching new heights, but shares in the meme stocks just plummeted

GameStop Corp. shares Wednesday were on track for their highest closing price in history and their longest winning streak since the videogame retailer’s stock became...

Yeezy Gap collection is coming in the first half of 2021

Gap Inc. GPS, +7.60% says the highly anticipated Yeezy Gap collection, created in partnership with musician and designer Kanye West, whose label is called Yeezy,...

Amazon picks London for first checkout-free physical store outside the U.S.

Amazon AMZN, -1.03%, the world’s largest online retailer, has opened its first checkout-free grocery store in the U.K., allowing shoppers to pick up their goods...

GameStop saga illustrates rising ‘noise trader risk’ that could feed market volatility, warns quantitative analyst

The wild trading saga surrounding GameStop Corp. and other meme stocks targeted by bands of individual investors ostensibly out to prove a point, rather than...

GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

YOLO? Maybe not quite so. During the GameStop trading frenzy, some observers worried many rookie retail investors banding together on sites like Reddit’s WallStreetBets would...

We were ‘dangerously close’ to collapse of ‘entire system,’ says Interactive Brokers founder ahead of GameStop hearing

“ ‘What I would like to point out here is that we have come dangerously close to the collapse of the entire system, and the...

Nearly half of MyTheresa customers in the U.S. and Germany spend tens of thousands on luxury goods annually: Cowen

Cowen analysts conducted a survey of customers in the U.S. and Germany who shop on luxury e-commerce site MyTheresa, finding that about 45% typically spend...

Is the stock market due for a correction in 2021? Here’s what some experts think

A pullback for the Dow Jones Industrial Average and the S&P 500 index on Tuesday halted the longest win streak for stocks in months, but...

Individual investors are back — here’s what it means for the stock market

Look who’s back. After a long absence, active individual investors have returned. While breakneck and foolhardy trading activity in shares of GameStop Corp. GME, +19.20%...

GameStop, AMC stocks close lower as oversight momentum builds, Reddit poster to testify

GameStop Corp. shares closed lower Thursday for their third trading day this week as volatile trading of heavily shorted stocks comes under more federal scrutiny....

Trader beware: Read this before buying stocks with investment apps like Robinhood

As social media has stoked interest in an assortment of stocks that recently were being shorted by hedge funds, Robinhood and similar, low-cost trading and...