Renowned investor Chase Coleman recently disclosed his firm's portfolio updates for the second quarter of 2023, which ended on June 30, 2023...
Continue ReadingCargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for a relatively healthy bottom line last quarter under weak market conditions. The post COVID cost initiative boosts Cargojet margins despite drop in volumes appeared first on FreightWaves...
Continue ReadingNetflix is testing cloud gaming, setting up a potential showdown with Microsoft and Sony...
Continue ReadingBetween inflation, supply chain issues, and concerns about consumer spending, there has been a lot for retailers to contend with. RapidRatings Executive Chairman James Gellert and Unity Marketing President-Founder Pamela Danziger joined Yahoo Finance Live to discuss the state of the retail industry right now. Gellert says smaller, private retailers are being "much more squeezed" than their larger counterparts. Danzinger, meanwhile, says "the biggest question right now for retailers is consumer spending." Danzinger points to a recent report from the National Retail Federation that warns consumer spending is slowing and that "we're really looking at, I think, a very potentially contracted environment for retailers coming up in the last half of the year." Click here to see more from the Yahoo Finance series "Retail Evolution: The New Era."...
Continue Reading(Bloomberg) -- Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. has lost a key endorsement from the world’s leading watchdog of corporate climate goals. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinBig Tech Takes the Lead in Thin Trading Session: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Says ‘Time to Move On’ From Musk Cage FightThe S...
Continue ReadingAmazon's senior vice president of devices and services, David Limp, is planning to step down from his role after more than 13 years at the company...
Continue ReadingDoorDash's Q2 2023 earnings impress with strong growth in GOV, orders, revenue, and EBITDA margin. Read more to see why we are bullish on DASH stock...
Continue ReadingBargain e-commerce company Temu has had a whirlwind 2023. Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein...
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