Amazon ‘s four-day Prime Day event this week could reveal something more important for the e-commerce giant than just a big sales number. Wall Street will be watching to see if Amazon can further cement itself as consumers’ to-go destination for everyday essentials at a time when inflation-weary shoppers are focused on value. Prime Day…
A person walks outside a Best Buy store on May 29, 2025 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Thursday reported first fiscal-quarter results that beat expectations on the top and bottom lines as the electronics retailer tries to break out of a sales slump. The company said revenue climbed slightly,…
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. Now that the Trump-Xi summit has helped keep tariffs in check, Chinese companies and U.S. representatives alike are making the most of an extended…
It may be a holiday-shortened week of trading on Wall Street. But the four days are filled with updates on some of the market’s biggest debates: Is AI eating software? Is the American consumer OK? And what’s happening with inflation? Let’s get into it. 1. Earnings: Salesforce reports on Wednesday night. Unfortunately, the stock has…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are closing out Friday on a higher note, with the S & P 500 reapproaching 7,500 and on pace for its eighth straight week of gains….
A Best Buy logo is displayed outside one of their stores on October 10, 2025 in San Diego, California. Kevin Carter | Getty Images Best Buy said Wednesday that company veteran Jason Bonfig will succeed Corie Barry as the retailer’s CEO on Oct. 31, taking over as Best Buy tries to break a run of…
Packages with the logo of Amazon are transported at a packing station of a redistribution center of Amazon in Horn-Bad Meinberg, Germany, on Dec. 9, 2024. Ina Fassbender | Afp | Getty Images Amazon pressured major brands like Levi Strauss & Co. and Hanes to inflate prices of listings on rival online marketplaces as part…
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Returning packages is a pain. Uber says it can fix that. Uber Eats announced a returns feature on Friday that lets customers do it all from the phone, and a courier will pick up and…
My top 10 things to watch Monday, April 13 1. Dow futures are down almost 500 points this morning and WTI crude is back above $100 a barrel after President Donald Trump said the U.S. would implement a blockade of the Strait of Hormuz. Peace talks between Washington and Tehran were unsuccessful this weekend. I…
A year after President Donald Trump declared his “liberation day” and imposed sweeping tariffs on imports, kicking off a wave of economic and political uncertainty, some companies are still feeling the effects. While some industries have emerged largely unscathed — having weathered twists and turns of several tariff iterations — others, such as retail, automotive,…
