Wholesale Club Holdings Inc. of BJ says that the coronavirus pandemic has added the number of new members participating in the retail trade, especially among the young and digitally savvy. BJ’s BJ, + 3.64% says it now has more than six million paid members. “To put this in perspective, over …
Read More »Sales of existing homes grow by almost 25% in July
Home sales grew in July, signaling how much the pandemic is adapting to where and how Americans want to live in this period of social distance and work from home. Buyers of homes that were restless in March and April when a large part of the country was under siege …
Read More »Nvidia could become Apple’s data center, analysts say
Nvidia Corp. could come to dominate the data center in the way Apple Inc. did. smartphones did, according to one analyst amid several glowing reports from Wall Street after the chip company reported a spectacular quarter and outlook. Nvidia NVDA, + 3.64% shares traded up plus-minus 2% on Thursday, closing …
Read More »A tidal wave of news about covid vaccine is on the market
Text size Data from BioNTech and Pfizer were particularly promising. Jeenah Moon / Getty Images After a hiatus from a late summer break, the news of a Covid-19 vaccine is heating up again as a handful of leading programs are rapidly moving to a decisive phase. Reports from several companies …
Read More »Tesla stock flirts with $ 2,000. Here’s what History says comes next.
Text size Tesla stock is more than 40% above its 50-day moving average. Sean Gallup / Getty Images After a short break Wednesday after a 5-day rally that added more than $ 500, or 36%, to the share price, Tesla shares were on the move again, up nearly $ 100, …
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