Shares of Chewy have plummeted 35% this year, but the stock is due for a comeback according to Needham.
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Needham upgrades Chewy, says shares can rally more than 40% because the pet space is defensive
Business
Lucid targets industry-first self-driving car technology with Nvidia
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Lucid Group is targeting a new goal that would make it the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years, the company said Tuesday. The all-electric vehicle manufacturer […]
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Home prices lag inflation, meaning homeowners are losing out on their investment
Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images A home is most Americans’ single largest investment. The returns are losing ground. Home prices nationally rose 1.5% in August compared with the same month last year, down from the 1.6% annual gain recorded in […]
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Wayfair stock rises 10% as earnings beat, revenue jumps
Online home goods company Wayfair reported a jump in third-quarter revenue on Tuesday, as it beat Wall Street estimates on the top and bottom lines. The company said total net revenue increased 8.1% year-over-year. Here’s how the company performed in its third quarter, compared with what Wall Street was expecting, based on a survey of […]
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