Online food prices have risen 4.2% in the past six months according to the latest data from Adobe Inc. as grocery e-commerce accelerated amid the COVID-19 pandemic and producers of Foods struggled to keep up with continued high demand. “We have always thought that the online market is a ‘value …
Read More »WHO chief tears apart certain leaders for eroding public confidence
Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, attends a press conference on June 25 in Geneva. AP GENEVA – The head of the World Health Organization on Monday criticized some government leaders for eroding public confidence by sending contradictory messages about the coronavirus and warned that if they …
Read More »Big Tech’s latest reckoning is coming as it continues to rack up record valuations
Tech’s top four CEOs should be nervous as they approach a virtual hearing on July 27 before the House of Representatives’ Antitrust Subcommittee on the Judiciary. AAPL from Apple Inc. -0.46% Tim Cook, AMZN of Amazon.com Inc., -3.00% Jeff Bezos, Facebook Inc. FB, -2.47% Mark Zuckerberg and Alphabet Inc.’s GOOGL, …
Read More »According to an analyst, why this lateral action of the stock market will be “resolved to the upside”
It has been a largely sideways move for the stock market since early June, but a Wall Street bull is telling clients that this consolidation episode is likely to “resolve to the upside” due in part to historical credit levels. and liquidity. “Over the past week, economic data continued to …
Read More »Airlines face continuing uncertainty about Covid-19. Wall Street is of two minds.
Text size Two analysts covering Southwest Airlines took two different tacks on the action, with one analyst raising the target price and the other lowering the equivalent of Hold. However, in the era of the coronavirus pandemic, Southwest has been one of the toughest airline stocks. Ethan Miller / Getty …
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