Bad News from US Retail Giants amidst Hot Inflation
Large US retailers were in focus this week, as they reported their earnings, which showed lower profitability and margins in an environment of high inflation
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Large US retailers were in focus this week, as they reported their earnings, which showed lower profitability and margins in an environment of high inflation
Large retailers' margin squeeze due to supply shocks. Ominous inflation spiral signs need to be controlled
Elon Musk's takeover of Twitter (TWTR.us) cannot proceed until the company provides proof that the number of fake or spam accounts makes up less than 5% of total accounts.
The week of May 09-13 was bad for Wall Street and definitely did not lack headlines, as Elon Musk just put the Twitter deal temporarily on hold, Ford sold Rivian shares, Disney+ impressed and other news attracted attention
The Walt Disney Company reported strong financial results for fiscal Q2 2022 on Wednesday, with an addition of 7.9 million users in Disney+ and a profit for its Parks (DPEP) segment
The online crypto exchange released its quarterly report on Tuesday, which showed a steep Revenue decline, in a backdrop of falling cryptocurrency prices
The week of May 02-06 marked another busy period, as we had many firms reporting the financial results, including Airbnb, German automaker BMW, European planemaker Airbus, ride-hailing rivals Uber and Lyft and more
The week of April 25-29, is probably the busiest one of this earnings season, as we had a slew of high-profile companies reporting their results, including the rest of the FAANGs - Facebook (Meta), Apple, Amazon, Alphabet (Google)
The retail and tech giant reported poor results on Thursday after market close and posted its first net loss in seven years, weighed by its stake in EV maker Rivian
Google parent, Alphabet, is taking a hit as forecast growth rates moderate.
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