Annex Wealth Management
Target raises 2024 profit forecast as price cuts draw shoppers
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Berkshire Hathaway
Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%
The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession.
Alphabet
What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Companies across several industries were hit on Friday by a global tech outage tied to Microsoft’s Azure cloud platform and a software issue.
Adobe Analytics
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
borrowing costs
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
10-item limit
Target To Stop Accepting Personal Checks As Form Of Payment Starting Mid July
Target will no longer accept checks as a form of payment beginning July 15th.
000 items
Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
22% surge
Target, Walmart shoppers seek home goods, grocery delivery online
U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump.