Both Walmart (WMT) and Target (TGT) delivered fantastic second-quarter reports this week, and Barron’s had noted for the reports that Target was likely to receive a major boost from its results. That’s the way it’s been played, with Target stock jumping 12% on Wednesday afternoon, while Walmart reported losses after …
Read More »Problems with mail services have affected Netflix and Amazon
Problems with the U.S. Postal Service have raised concerns about the November election, but they have already caused headaches for some of the 2 million Netflix customers who still receive DVDs by mail, as well as Amazon.com’s completion network . Netflix NFLX, -1.49% , which still rents DVDs in its …
Read More »Alibaba earnings: Following the recovery of COVID-19, US-China is still tense
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 …
Read More »Home Depot reports income. Here’s what to expect.
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 …
Read More »What Google and Amazon are doing to comply with California’s new privacy law
Three of the most prominent businesses in the U.S. are taking steps to change their services to comply with the California Consumer Privacy Act. Google Parent Alphabet Inc. GOOGL, + 2.60% GOOG, + 2.67% , Facebook Inc. FB, + 0.45% , and Amazon.com Inc. AMZN, + 4.08% are the top …
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