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…
LGBTQ+ consumers are shifting their brand loyalties based on companies’ diversity, equity and inclusion policies, according to new research from the Human Rights Campaign Foundation. The findings released Wednesday found that nearly 72% of LGBTQ+ consumers say they buy fewer products from companies they perceive as “reducing diversity and inclusion commitments.” Nearly 70% also said…
Here we go again: Nvidia earnings week is upon us. The world’s most valuable company and the leading maker of artificial intelligence chips will deliver first-quarter earnings on Wednesday night. Of course, it will drive a ton of the action on Wall Street this week. But it’s certainly not the only thing on our radar….
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on artificial intelligence to protect margins without losing customers. Traditional levers to protect profits or drive sales, like raising prices or running blanket promotions, are becoming less effective as shoppers split trips across multiple retailers…
The stock market enters the week ahead battered and bruised by the war in Iran. In the coming days, weary investors will also need to contend with a fresh batch of jobs data and a few stragglers on the earnings front, including Club name Nike . The conflict in the Middle East will remain the…
A brutal week for tech stocks dragged the Nasdaq Composite to its worst week since April. Investors will try turning the page in the week ahead, as the government shutdown drags on and third-quarter earnings season chugs along. Here’s a closer look at the three big things on our radar. 1. Shutdown: Might we finally…
