Although geopolitical tensions seem, Alibaba Group Holding Ltd. to be in a good place as China continues its economic recovery from COVID-19. Alibaba reported fiscal revenue in the first quarter Thursday morning. Alibaba BABA, + 0.40% already saw volume growth equal to pre-pandemic levels when it last hit investors in …
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Target CEO Brian Cornell said he would like to see Congress hit a stimulus action, but he credited closed cinemas and canceled summer vacations for the retailer’s quarters during the coronavirus pandemic. The lockdowns in the U.S. that forced consumers inside also sent them to their store and website to …
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Maersk containers aboard the Hammonia Husum container ship as it leaves the port of Portsmouth. (Photo by Andrew Matthews / PA Images via Getty Images) Andrew Matthews | PA images | Getty Images Maersk, the largest container company in the world, hit profit expectations in the second quarter on Wednesday, …
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Home Depot Inc. published Tuesday its strongest quarterly sales in nearly 20 years, as the largest home improvement retailer benefited from the growing interest in household projects during the Covid-19 pandemic. Revenue for the Atlanta-based retailer rose 23% to $ 38.05 billion in the May-July period, up from $ 30.84 …
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Text size People do not spend money on travel, entertainment and dining, and have used that money to make their homes more comfortable. Justin Sullivan / Getty Images Because the pandemic has kept everyone in their homes, many of us have become Tim “The Toolman” Taylor. Home improvement is suddenly …
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