Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on ...
Tag: Stock markets
China consumption slows as retail sales and investment data disappoint
Pictured here is a BYD factory producing new energy-powered trucks in Huai'an, China, on February 21, 2024.Nurphoto | Nurphoto | ...
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ...
Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett finally revealed ...
Reddit shares close near record after two-day rally driven by meme stocks
Traders work as Reddit's logo is displayed, at the New York Stock Exchange (NYSE) in New York City, U.S., March ...
GameStop, AMC decline as meme stock rally fizzles after just two days
A GameStop store operates in a strip mall in Chicago on March 16, 2023.Scott Olson | Getty ImagesGameStop and AMC ...
China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data
People purchasing fruit at an agricultural trade market on May 11, 2024 in Lianyungang, Jiangsu Province of China.Vcg | Visual ...
AMC completes $250 million stock sale during meme rally, shares jump 90%
Victor J. Blue | Getty Images News | Getty ImagesAMC Entertainment raised about $250 million of new equity capital, completing ...
GameStop soars 60% as ‘Roaring Kitty’, who drove meme craze, resurfaces
GameStop shares rallied dramatically on Monday after "Roaring Kitty," the man who inspired the epic short squeeze of 2021, posted online for ...
‘I feel like I’ve been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes
People wait at the train station of Wu Qing, Tianjin, on January 8, 2016.Fred Dufour | Afp | Getty ImagesBEIJING ...
