Shares of Chewy have plummeted 35% this year, but the stock is due for a comeback according to Needham.
Source
Needham upgrades Chewy, says shares can rally more than 40% because the pet space is defensive
Business
Why Delta and United are pulling away from the airline pack
A Delta Air Lines plane takes off at Reagan National Airport in Arlington, Virginia, on Dec. 24, 2021. Eric Lee | Bloomberg | Getty Images For United Airlines CEO Scott Kirby, there’s his airline, his carrier’s main rival, Delta Air Lines, and then everyone else. Delta and United accounted for more than 86% of the […]
Read More
Business
As streaming services chase profitability, kids’ content is king
Cartoon characters from the children’s show “Bluey” are displayed during the Brand Licensing Europe event at ExCel, in London, Oct. 4, 2023. John Keeble | Getty Images News | Getty Images In the battle among streaming services to capture and keep subscribers, kids’ shows like “CoComelon” and “Bluey” are becoming powerful tools to help win […]
Read More
Business
How family offices can protect the bottom line when putting family members on payroll
Fluxfactory | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Joshua Gentine grew up playing hide-and-seek in his family’s cheese factory in Wisconsin. His late grandfather Leonard […]
Read More