Tech trying to go public as value stock
When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared …
Retail industry
Strong retail sales despite stubborn inflation bodes well for two consumer stocks
This week’s government economic data revealed pockets of durable consumer spending despite sticky inflation, signaling a favorable quarter ahead and further upside for two of our retail stocks. First the …
Blumenthal plans action on political, charitable telemarketing scams
Sen. Richard Blumenthal announces a bipartisan agreement on Turkey sanctions during a news conference on Capitol Hill in Washington, Oct. 17, 2019. Erin Scott | Reuters Sen. Richard Blumenthal is …
French grocery chain adds ‘shrinkflation’ labels to products
Shopping cart in a department of a Carrefour supermarket, in front of pastas and sauces. Andia | Universal Images Group | Getty Images French grocery chain Carrefour has taken the …
Buy Birkenstock IPO? What footwear’s history in the stock market says
Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic footwear company that dates …
Birkenstock IPO filing warns of knock-offs on Facebook
Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic sandal maker founded in …
Fanatics hires former Opendoor exec to run sports merchandise business
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo …
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a license in Nevada and allowing it to expand beyond its …
India consumer market to be the world’s third largest by 2027: Report
People check Apple Macbook laptops at the new Apple Inc. store in New Delhi, India on April 20, 2023. Nurphoto | Nurphoto | Getty Images India’s consumer market is set …
Cramer identifies ‘cracks’ he sees in the market
CNBC’s Jim Cramer told investors he sees “cracks” in the market, especially in the prospective earnings of some big name companies. He stressed that many of these cracks may be …