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Durex Owner Reckitt Benckiser Taps Into China's Livestreaming Trend To Sell Condoms Online
Thursday, February 29, 2024 - 3:54am | 811Read More...Reckitt Benckiser Group (OTC:RBGLY) (OTC:RBGPF) is leveraging the popularity of livestream shopping in China to sell condoms, a move that could be challenging due to strict regulatory oversight. What Happened: The British consumer goods company, which owns the Durex brand, is testing the waters of...
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Is eBay Stock 'Inexpensive'? Analysts Preview E-Commerce Giant's Q4 Earnings
Monday, February 26, 2024 - 2:14pm | 653Read More...E-commerce and auction company eBay Inc (NASDAQ:EBAY) will report fourth-quarter financial results after market close Tuesday. Here's a look at earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect eBay to report fourth-quarter revenue of $2.512...
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Carvana Stock Trades Like 'An AI Darling,' Short Seller Says: But 'Paint Will Eventually Peel Off'
Monday, February 26, 2024 - 1:59pm | 653Read More...Online used car company Carvana Co (NYSE:CVNA)’ stock is volatile Monday with a new short report out on the company that comes on the heels of the company’s fourth-quarter results. What Happened: Kerrisdale Capital is out with a short report on Carvana. "We're short $CVNA post the 30...
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If You Invested $1,000 In Amazon Stock At IPO, Here's How Much You'd Have Today
Monday, February 26, 2024 - 12:12pm | 755Read More...Founded in 1995 as an online seller of books, Amazon.com Inc (NASDAQ:AMZN) is now a worldwide e-commerce leader worth nearly $2 trillion. But 20 years ago, the Seattle-based company was unprofitable and valued at less than $1 billion. Here's a look back at the Amazon IPO and how many investors...
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Potential US Import Ban On Temu Threatens PDD Stock
Monday, February 26, 2024 - 11:31am | 556Read More...PDD Holdings (NASDAQ:PDD) stock was trading down almost 3% pre-market on Feb. 26 as investors fear a potential import ban on its e-commerce subsidiary, Temu, might affect their investment in the stock. While in 2023, Pinduoduo stock has seen a gain of 73%, it is already down 12.7% so far this year...
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Dow Jones Welcomes Amazon Today, But Analyst Raises Historical Caution For E-Commerce Stock: Should Investors Be Worried?
Monday, February 26, 2024 - 6:04am | 556Read More...Amazon.com Inc (NASDAQ:AMZN) is set to replace Walgreens Boots Alliance, Inc. (NASDAQ:WBA) in the Dow Jones Industrial Average (DJIA) before Monday’s market open. This move has sparked concerns among some investors. What Happened: Charlie Bilello, Chief Market...
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MercadoLibre Reports Mixed Q4 Results: Earnings Miss, Revenues Beat
Thursday, February 22, 2024 - 6:18pm | 340Read More...MercadoLibre, Inc. (NASDAQ:MELI) shares are trading lower after the company reported its fourth-quarter financial results after the bell Thursday. Here's a look at the details. The Details: MercadoLibre reported quarterly earnings of $3.25 per share, unchanged from the same period last year. The...
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Alibaba Stock Roars Back, Rides Dragon Tailwind On Heels Of Spring Festival Surge
Thursday, February 22, 2024 - 12:39pm | 452Read More...Alibaba Group Holding (NYSE:BABA) (NYSE:BABAF) stock has largely been out of investor favor for the past year. The stock is down over 20% in the past year, and down 2.7% year-to-date. However, the stock has recently demonstrated momentum as China kicked off its eight-day Spring Festival holiday...
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Amazon Remains 'Best Idea,' Analyst Says: Expect US E-Commerce Penetration To Double Over 40%
Wednesday, February 21, 2024 - 5:39pm | 408Read More...Amazon (NASDAQ:AMZN) is the “Best Idea” for long-term investment and poised to lead the evolving e-commerce arena, according to JPMorgan analyst Doug Anmuth. What Happened: Anmuth predicts a potential doubling of U.S. e-commerce penetration to over 40%. The recently released fourth-...
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Etsy Stock Drops After Mixed Q4 Results, Weak Guidance
Wednesday, February 21, 2024 - 5:30pm | 376Read More...Etsy Inc. (NASDAQ:ETSY) reported mixed fourth-quarter financial results after the bell on Wednesday. Here's a look at the details. The Details: Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents by 20.51%. The company reported quarterly...
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Walmart Is Going For Advertising Growth
Wednesday, February 21, 2024 - 12:31pm | 524Read More...On Wednesday, Walmart Inc (NYSE: WMT) didn’t fail to impress investors with its fourth quarter report while also revealing its strategy to further boost its growth on the ad front, like its retail peer, Amazon.com Inc (NASDAQ: AMZN). Walmart also proudly revealed its e-commerce sales...
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Amazon To Join Dow Jones Industrial Average: Does Venerable Index Membership Still Matter?
Wednesday, February 21, 2024 - 11:08am | 1113Read More...Amazon Inc (NASDAQ:AMZN) is set to join the Dow Jones Industrial Average (DJIA) on Monday, Feb. 26. The Seattle-based e-commerce giant is replacing pharmacy company Walgreens Boots Alliance Inc (NASDAQ:WBA). In recent years, Walgreens has seen its shares plummet 28.4% in 2022; 30.1% in 2023; and 14...
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Air Freight Costs Are Soaring: Why Chinese E-Commerce Giants Like Shein, Temu Are To Blame
Wednesday, February 21, 2024 - 10:14am | 519Read More...The sheer volume of packages from these fast-fashion giants has led to increased air freight costs from key Asian hubs, creating capacity shortages and eliminating traditional off-peak seasons. What Happened: According to Reuters, e-commerce giants like Shein and Temu — owned by PDD Holdings Inc (...
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CEO Doug Mcmillon Tells Jim Cramer He Foresees Bright Future For Walmart's Advertising Business: 'We Can Connect The Dots'
Wednesday, February 21, 2024 - 12:10am | 745Read More...In a recent interview with Jim Cramer, Walmart Inc (NYSE:WMT) CEO Doug McMillon expressed his confidence in the company’s advertising sector. This comes after the retail giant’s strong performance in the digital and e-commerce space. What Happened: McMillon, in a conversation with...
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Solana Mobile Sales Highlight Potential Of Blockchain Payments, Generating $45M With Zero Fees
Wednesday, February 14, 2024 - 5:43pm | 459Read More...Solana (CRYPTO: SOL) co-founder Anatoly Yakovenko sparked discussions on blockchain's role in e-commerce, sharing the success story of their recent mobile phone sales. What Happened: Partnering with web3 payment platform Helio, Solana pre-sold 100,000 "chapter 2" phones, raking in a...
















