On July 3, Ford reported its second-quarter sales data. Its overall sales fell, and the drop in its F-Series sales added insult to injury.
Best Buy will announce its earnings for the third quarter of fiscal 2020 before the markets open on Tuesday. The company should sustain its sales momentum.
Tesla's (NASDAQ:TSLA) stock price fell by more than 25% last week. The stock underperformed the S&P 500 and the Dow Jones Index.
Currently, AWS is the market leader in the cloud computing sector. Microsoft Azure holds second place, and Google Cloud comes in third.
Tesla (TSLA) has maintained an edge over its competition, highlighted by its robust range. Depending on the model, Tesla EVs offer ranges of 240–370 miles.
Today, luxury goods maker LVMH Moët Hennessy–Louis Vuitton confirmed an agreement to acquire Tiffany for $135 per share, or $16.2 billion.
Along with the global sell-off, the weak fourth-quarter sales and lower-than-expected 2020 guidance led to a fall in Shake Shack's stock price.
Retail sales, excluding food services, make up about 27% of the total U.S. GDP. They’re an important driver for economic growth. An uptick in retail sales usually means upside for broad-based equity markets like the S&P 500 Index.
Procter & Gamble’s (PG) impressive financial performance in the first nine months of fiscal 2019 has driven its stock higher.