Gap’s Earnings: Is Disappointment ahead for Q3?
Wall Street expects Gap’s Q3 earnings to disappoint after the bell on November 21. Analysts expect Gap to post revenues of $3.96 billion, down 3.3% YoY.
Retail & Wholesale
Market Realist tracks the latest news on stock performance, acquisitions, and earnings in the retail and wholesale sectors.
JCPenney Stock Soars on Lower-than-Expected Q3 Loss
Mid-tier department store chain JCPenney (JCP) impressed investors by reporting a lower-than-anticipated loss for the third quarter of fiscal 2019.
Walmart’s Digital Sales: What’s behind Robust Growth?
During the third quarter, Walmart’s digital sales in the US increased 41% on YoY basis. The reported growth rate showed a sequential acceleration.
Cloud Computing: What Investors Should Watch
Currently, AWS is the market leader in the cloud computing sector. Microsoft Azure holds second place, and Google Cloud comes in third.
Charlotte’s Web: What to Expect from Q3 Earnings
Charlotte’s Web Holdings (CWEB) (CWBHF) will report third-quarter earnings before the market opens on November 13. Let’s look at analysts’ expectations.
Get Real: Roller Coaster Continues This Earnings Season
AT&T stock is prospering, while Netflix’s problems could be rising. We also have the latest earnings including U.S. Steel and Chevron today.
Why Walmart Is a Leader in Retail Innovation
When you think of retail companies leading technological innovation, Walmart (WMT) might not be the first name that comes to mind. But it should be.
Target Stock: Rally Over, Time to Cool Off?
Target investors have a lot to celebrate in 2019. Stellar growth, a robust financial performance, and share buybacks have boosted shareholders’ returns.
Get Real: Third-Quarter Roller Coaster
In today’s Get Real, we saw that several third-quarter results are out and all over the board. We also have recommendations for stocks to watch going forward.
Macy’s Stock Fell More after Rating Downgrade
Macy’s (M) stock fell 4.2% on October 18 after Credit Suisse downgraded its rating. Credit Suisse downgraded the rating to “underperform” from “neutral.”
Get Real: Boeing’s Scandal Leads to Speculation
In today’s Get Real, we saw that Boeing is caught in a massive scandal. Chipotle investors are in a good place and Ford is looking to EVs.
Could Microsoft Azure Be the Next Windows?
Analyst Christopher Eberle reiterated a “buy” rating and a price target of $161 on Microsoft stock. He predicts that Azure could grow 61.6% in Q1.
Must-Know: The World’s Top Online Retailers
Retailing has undergone a tremendous change over the last couple of decades. The brick-and-mortar model is giving way to online retailers.
Google Marked Its 21st Anniversary in the Hot Seat
Google marked its 21st anniversary in the hot seat. Federal and state entities have opened antitrust investigations into the company.
Facebook’s Oculus AR Dream Has a Tough Challenge
On the same day that Facebook’s Oculus confirmed its plans to enter the AR market, Amazon unveiled its own AR-powered smart glasses.
Walmart and Target: The Best of the Retail Stock Plays?
Walmart stock has risen 27.1% and Target stock is up 62.6% YTD through September 24. Same-day fulfillment and delivery services have pushed their growth.
Trade War Hits Consumer Confidence, Stocks Retreat
Today, the Consumer Confidence Index data fell sharply to 125.1 in September from August’s 134.2. The reading was below the expected 133.5.
FedEx Teams Up with Google Wing to Test Drone Delivery
FedEx (FDX) has teamed up with Alphabet’s (GOOGL) Wing to make drone delivery a reality. Let’s take a closer look at how.
Target Stock Rose Due to New Share Repurchase Program
Given the sharp rise in Target stock, the upside could be limited. However, we expect Target to continue to post healthy comps and earnings growth.
Home Depot: Why Did Guggenheim Downgrade the Stock?
On Tuesday, Guggenheim lowered its outlook on Home Depot (HD) stock. Notably, Guggenheim downgraded the stock to “neutral.”
Dow Jones Index Falls after Rising for Eight Days
The Dow Jones Industrial Average Index has fallen 0.4% or by 115 points today. The index is trading lower after rising for eight consecutive trading sessions.
Three Tech Stocks to Buy for 2020
Tech stocks have been massive wealth creators over the years. For 2020, you should look to Amazon, Alibaba, and Autodesk. Here’s why.
Why Dollar General Stock Surged after Its Q2 Results
Dollar General (DG) surged about 8% in premarket trading today after crushing expectations in its second-quarter results. It also raised its guidance for fiscal 2019.
Walgreens: Pain Eases, but It’s a Far Cry from Recovery
Walgreens stock is underperforming and is trading at a low valuation. Despite this low valuation, the stock’s recovery could take time.
Elon Musk or Jack Ma: Who’s Right about AI?
Tesla’s CEO, Elon Musk, and Alibaba’s cofounder, Jack Ma, debated AI at the World Artificial Intelligence Conference in China on Wednesday.
Why Amazon Stock Fell for a Sixth Straight Week
Amazon (AMZN) stock has now fallen for six straight weeks. Here’s a summary of what’s impacted the stock and analysts’ outlook for the e-commerce giant.
How the Stock Market Is Being Supported by Consumption
Despite the trade war and the inverted yield curve, the S&P 500 Index is down 1.8% this month. Its resiliency reflects the US consumer sector’s strength.
Kohl’s Stock Plunges after Mixed Q2 Results
Kohl’s (KSS) stock was down 6.3% as of 12:35 PM ET today as the company lagged analysts’ sales forecast for the second quarter.
Charlotte’s Web Holdings Stock Down after Earnings
Charlotte’s Web Holdings stock (CWBHF)(CWEB) was down 6.6% yesterday after the company reported lower-than-expected Q2 earning results.
Google Cloud for Retail Grows as It Wins Over Macy’s
In April, Google (GOOGL) unveiled Cloud for Retail, a package of cloud computing solutions specifically designed for retailers.
Walgreens or CVS Stock: Which Is a Better Value Buy?
Walgreens and CVS Health shares are trading at a low valuation multiple. The stocks have fallen 22.3% and 8.7%, respectively, in 2019.
Besides Venmo, PayPal’s Xoom Is Causing Ripples
While PayPal’s (PYPL) Venmo has been crushing its competition, PayPal recently launched Xoom’s digital remittance service in 32 European markets.
Walgreens Will Close 200 US Stores
In a regulatory filing on Tuesday, Walgreens Boots Alliance (WBA) announced that it will close 200 stores in the US to focus on store optimization.
Is the Chinese Economy Crumbling? Trump’s Advisor Says So
President Trump’s economic advisor, Larry Kudlow, said in an interview with CNBC today that the Chinese economy is “crumbling.”
Amazon’s Renewable Energy Portfolio Is Strengthening
Amazon’s (AMZN) has strengthened its renewable energy position recently via investments in new wind and solar power projects.
US-China Trade Talks: Trump’s Comments Impact Markets
On Tuesday, in-person US-China trade talks resumed in Shanghai. The two sides have been talking on the phone since the truce last month.
Why Wells Fargo Downgraded Dollar General Stock
Wells Fargo downgraded Dollar General (DG) stock to “market perform” from “outperform” on July 25. It remains positive about the company’s prospects.
Chinese and Indian Indexes Fall as Trade Talks Resume
On Tuesday, US and Chinese officials resumed trade talks over the phone days after they announced a trade truce.
What the Apple-Best Buy Partnership Could Offer
On June 19, Apple (AAPL) announced a partnership with US retail giant Best Buy (BBY).
How Alibaba’s Hong Kong Listing Could Benefit Shareholders
Alibaba (BABA) has begun the process of listing its shares in Hong Kong in what is known as a second public listing. According to a recent Reuters report, the company has confidentially filed paperwork for its Hong Kong listing, which could happen as soon as the quarter beginning in July.
Kroger’s Valuation Compared to Its Peers
As of June 21, Kroger (KR) was trading at a 12-month forward PE ratio of 9.9x. The company’s forward valuation multiple has fallen 5.4% since its first-quarter results on June 20.
How Alibaba Wants to Compete in Global Cloud Market
Alibaba (BABA) has taken over the Chinese cloud computing market.
Lowe’s Revenues: What to Expect in 2019?
For 2019, analysts expect Home Depot (HD) to report revenues of $111.4 billion in 2019—a rise of 2.9% from $108.2 billion in 2018.
Analysts Expect NIO to Outperform TSLA, TCEHY, BIDU, and BABA
According to the latest consensus data compiled by Thomson Reuters, six out of a total of 12 analysts covering NIO (NIO) recommended a “buy” for the stock.
What Dragged Kohl’s Sales Down in the First Quarter?
After six consecutive quarters of same-store sales growth, Kohl’s (KSS) disappointed investors by reporting a 3.4% decline in its same-store sales in the first quarter of fiscal 2019, which ended on May 4.
Same-Day Delivery Services Drove Target’s Digital Sales
Target’s (TGT) digital sales continued to grow at a brisk pace driven by the expansion of its e-commerce platform.
What’s in the Cloud Market for Alibaba?
More than $180 billion is up for grabs in the global cloud computing market this year, and Alibaba is one of the major contenders for this opportunity.
Alibaba Unit Secures Hong Kong Virtual Banking License
Alibaba (BABA) looks to be on track to expand its financial services business in Asia.
eBay Joins Peers in Opening Physical Stores
eBay is not the first to go offline to connect with small businesses in an attempt to bridge the gap between online and offline retail.
Amazon Is Leaving China after 15 Years in the Country
e-Commerce giant Amazon (AMZN) will retreat from its domestic marketplace business in China as of July 18.