Investors began backing away from tech stocks long before the broader market started declining. Where the S&P 500 is down over 22% in 2022, the tech-heavy Nasdaq 100 is down almost 30%, and really began falling back in November. It seems no one wants to touch tech stocks right now...
Continue ReadingNow that electric vehicle (EV) stocks have tumbled from excessive valuations, many people are looking closer at getting exposure to the sector. Rivian Automotive (NASDAQ: RIVN) and China-based Nio (NYSE: NIO) are two popular names with investors. Rivian had a very successful initial public offering late last year and held $17 billion in cash as of March 31...
Continue ReadingYou'll see this anytime you order local delivery or grab a rideshare, as Uber, Lyft, even Instacart have all added extra fees in the name of combating higher gas prices. Many restaurants with on-staff drivers have also added their own fuel surcharges. Higher fuel prices mean shipping costs are rising, and retailers are passing those costs onto customers...
Continue ReadingMaryland Apple Store workers on Saturday became the first group of employees in the retail giant's 46-year history to win the right to union representation...
Continue ReadingCompeting against Amazon is not easy for rival retailers as it projects its Prime service to have 152 million users in 2022. The online retail giant's subscriber base is also a key to its success with its annual sales event Prime Day. Walmart made a play to challenge Amazon Prime Day with its Walmart+ subscriber base, which amounted to 32 million subscribers in 2021, as it rolled out Walmart+ Weekend on June 2. Now, Target is the latest major retailer to take on Prime Day, which Amazon launched in 2015...
Continue ReadingCould these e-commerce stocks be trading at discount values now?...
Continue ReadingRetail stocks have taken a beating, but inflation, supply chain woes, and other cost concerns don't tell the full story...
Continue ReadingDollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR), the two largest dollar store chains in America, have been resilient stocks to own during recessions. Dollar Tree acquired its rival Family Dollar in 2015, and it mainly serves urban and suburban areas...
Continue ReadingDon't let its share price movement fool you. This e-commerce stock is poised to bounce back in the long run...
Continue ReadingAmazon Prime Day is another mega-shopping event that tends to draw in consumers, even though it's specific to only one retailer. This year, Prime Day is slated to happen in July. Here are three reasons not to shop on Amazon Prime Day...
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