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Despite decades-high inflation and a deteriorating economic outlook, U.S. retail sales posted the largest increase in eight months in October, showing that consumer demand for goods is largely holding up.
The value of total retail purchases increased by 1.3% last month, according to figures released by the Commerce Department on Wednesday. Retail sales increased by 0.9% if vehicles and petrol were excluded. These numbers don't account for...
The value of total retail purchases increased by 1.3% last month, according to figures released by the Commerce Department on Wednesday. Retail sales increased by 0.9% if vehicles and petrol were excluded. These numbers don't account for...
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$Amazon (AMZN.US)$ founder and billionaire entreprenuer Jeff Bezos has advised the American people to avoid large purchases such as new TVs, refrigerators or cars and “keep some dry powder on hand” during the coming holiday season as the US economy is likely to be in a recession soon, according to a report in the CNN.
The tycoon had last month tweeted to his followers “to batten down the hatches”. When asked a...
The tycoon had last month tweeted to his followers “to batten down the hatches”. When asked a...
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$Walmart (WMT.US)$ is scheduled to report its earnings for the fiscal third quarter of 2025 before the market open on Tuesday (19 Nov).
Market is expecting sales to continue growing as Walmart's customer base grows, Wal-Mart said that their market share grew across income levels in recent quarters, this trend of market share growth should continue.
On top of that, improving sales is also expected as WMT continues to expand its customer bas...
Market is expecting sales to continue growing as Walmart's customer base grows, Wal-Mart said that their market share grew across income levels in recent quarters, this trend of market share growth should continue.
On top of that, improving sales is also expected as WMT continues to expand its customer bas...
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Last Friday, Costco announced its earnings report. The company's stock has been performing well recently, with an increase of 18% from the end of October to now, outperforming the S&P 500's 15%. The question is whether this earnings report can sustain the stock's upward trend.
According to the report, the company's quarterly revenue was $57.8 billion, up 6.2% year-over-year, meeting expecta...
Last Friday, Costco announced its earnings report. The company's stock has been performing well recently, with an increase of 18% from the end of October to now, outperforming the S&P 500's 15%. The question is whether this earnings report can sustain the stock's upward trend.
According to the report, the company's quarterly revenue was $57.8 billion, up 6.2% year-over-year, meeting expecta...
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Only $4.20 more this week thanks to Black Friday!
Will you buy retail stocks now?
$Walmart (WMT.US)$ $Costco (COST.US)$ $Procter & Gamble (PG.US)$
Will you buy retail stocks now?
$Walmart (WMT.US)$ $Costco (COST.US)$ $Procter & Gamble (PG.US)$
$Shopify (SHOP.US)$announced a record-setting Black Friday with sales of $3.36 billion from the start of Black Friday in New Zealand through the end of Black Friday in California. This marks a 17% increase in sales over Black Friday in 2021.
2022 Black Friday Global Highlights
Peak sales per minute: $3.5 million USD on Black Friday at 12:01 PM EST
Top selling countries and cities where shoppers made purchases from:...
2022 Black Friday Global Highlights
Peak sales per minute: $3.5 million USD on Black Friday at 12:01 PM EST
Top selling countries and cities where shoppers made purchases from:...
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Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites.
Overall online sales for the day after Thanksgiving were up 2.3% year over year, and electronics were a major contributor, as online sales surged 221% over an average day in October, Adobe said.
Many consumers embraced flexible payment plans on Black Friday as they continue to grapple with high ...
Overall online sales for the day after Thanksgiving were up 2.3% year over year, and electronics were a major contributor, as online sales surged 221% over an average day in October, Adobe said.
Many consumers embraced flexible payment plans on Black Friday as they continue to grapple with high ...
Bears on thanksgiving and Black Friday
$Walmart (WMT.US)$ $Procter & Gamble (PG.US)$ $Costco (COST.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
$Walmart (WMT.US)$ $Procter & Gamble (PG.US)$ $Costco (COST.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
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I am just thankful that I'm here and that I have my health
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Duck Tales : Buy GTii
Ashley Howe : Thank you
The Random Investor : Stocks To Buy Now That Will Make You Money In The Upcoming Stock Market Crash
RDK79 : Better question if it’d been asked a year ago…
RDK79 : ‘… deteriorating economic outlook….’ Who is that analyst? Maybe Fox News.
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