As we head into the all-important holiday season, here are three online retailers, two safe and one more risky, worth adding to your watchlist.Â
Amazon reported strong first-quarter results, wherein it beat both earnings and revenue estimates. The-commerce giant also provided an upbeat revenue outlook for the ongoing quarter.
Amazon has gained about 25% so far this year and outperformed the industry???s average growth of 5.2%. This outperformance might continue given that the online behemoth has reasonable chances of an earnings...
In March 2023, U.S. retail sales experienced a 1% sequential decline, better than market expectations of a 0.4% decrease.
Alibaba announced that it would be launching its own AI model, Tongyi Qianwen. With AI technology gaining popularity, check how this will affect the Chinese tech conglomerate.
The retail sector, which was on a roll ahead of the Q4 earnings, seems having trouble finding their footing due to rounds of weak earnings report from number of large retailers.
Chinese e-commerce giant Alibaba Group (BABA) reported robust third-quarter fiscal 2023, wherein it beat the Zacks Consensus Estimate for both earnings and revenues.
The Fed minutes released yesterday infused some optimism once again as almost all officials backed a slower pace of interest rate increases.
W have highlighted three ETFs, each from the best and worst-performing zones through midway Q1.