High-frequency labor market gauges suggest that while the economic recovery is ongoing, it’s losing some momentum.
Net sales totaled $52.3 billion in the fourth quarter, edging ahead of the $51.9 billion analysts were expecting.
Walmart+ is likely to appeal to a broad audience, increase customer loyalty, and provide the company with cash from membership fees, analysts say.
The department store reported stronger e-commerce and a faster recovery at its stores.
On one hand, writes Barron’s economics commentator Matthew C. Klein, inflation expectations shifted, corporate governance improved, and employment has boomed. On the other, companies aren’t investing more, many of the jobs added are low-quality, and wages haven’t risen much.
Demand is soaring for the company’s connected bikes, with gyms still shut down in many parts of the country, and shareholders are reaping the benefits.
Intel’s stock has been battered in recent weeks, after disclosing in July that it was delaying its shift to seven-nanometer chips another six months, pushing the date into 2022.
A flurry of technology companies last week filed paperwork with the Securities and Exchange Commission for initial public offerings. Here are more.
The energy sector, meanwhile, continues to fade and is just 2.3% of the index.
The unit is benefiting from some of the same factors that drove the spectacular July-quarter financial performance at Zoom Video Communications, writes Evercore ISI’s Kirk Materne.
Consolidation and efficiency will be central to the industry.
Berenberg analyst upgrades airline to a Buy, says it may achieve cash-flow break-even ahead of peers.
Citigroup will be able to act as a custodian bank in China and hold securities for mutual funds and other private funds based there.
People aren’t just sheltering place during the Covid-19 pandemic. They are also looking for new and different shelters.
It’s the latest sign that the investment-management industry is working to include more managers who are women and people of color.
Investors have piled into the stocks of companies working on a Covid-19 vaccine. Here’s how it could play out as these products get ready for prime time.
Health-care workers and first responders should come first, says a committee of the National Academies of Sciences, Engineering, and Medicine.