ETSY Inc

Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings
Technology

Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings

In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Temu and Shein have exploded in the U.S. by going on an online marketing blitz and offering consumers inexpensive goods […]

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Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots
Technology

Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots

Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC When Etsy launched almost two decades ago, the site attracted artisans and craft makers, who finally had a place online where they could sell their niche products and reach a large audience. But in recent years, Etsy has found itself overrun with mass-produced, generic items from […]

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Southwest Airlines shareholders puzzled by Elliott’s activism can look to past campaigns for insight
World

Southwest Airlines shareholders puzzled by Elliott’s activism can look to past campaigns for insight

Travelers wait to check in at the Southwest Airlines counter at Oakland International Airport in Oakland, California, Dec. 27, 2022. David Paul Morris | Bloomberg | Getty Images After Elliott Management revealed a $1.9 billion stake in Southwest Airlines in June, an initial rally in the stock quickly fizzled. Rather than sparking typical cheer on […]

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Advertisers boost spending at retailers like Walmart and Amazon as TV shrinks
Business

Advertisers boost spending at retailers like Walmart and Amazon as TV shrinks

An M&M’s advertisement seen on a gas pump. Courtesy: GSTV The next frontier for the ad market isn’t on TV — it’s in stores and on your phone. Television had long been the key target for advertisers, until tech companies like Alphabet and Meta-owned platforms like Facebook began to gobble up market share. While ad […]

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Ahead of retail earnings, here’s what we know about the consumer so far
Business

Ahead of retail earnings, here’s what we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that […]

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Shares producing the major moves midday: Apple, Peloton, Wayfair, Carvana and extra
Finance

Shares producing the major moves midday: Apple, Peloton, Wayfair, Carvana and extra

Check out out the firms creating headlines in midday investing: Apple — Shares ticked up about 2% forward of the Iphone maker’s next-quarter outcomes due after the closing bell. Peloton — Shares dropped 13% after the work out gear business announced Thursday that CEO Barry McCarthy will be stepping down and that the enterprise will […]

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Shares producing the largest premarket moves: Peloton, Carvana, Cigna, Qualcomm and a lot more
Finance

Shares producing the largest premarket moves: Peloton, Carvana, Cigna, Qualcomm and a lot more

Check out out the businesses generating the major moves in premarket buying and selling: Peloton Interactive — Shares climbed 15% immediately after the conditioning business announced CEO Barry McCarthy will step down whilst it seeks a permanent CEO. Peloton also set a restructuring system that will reduce 15% of its staff, or about 400 workforce. […]

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Shares producing the most significant moves just after several hours: eBay, Qualcomm, DoorDash, Carvana and extra
Finance

Shares producing the most significant moves just after several hours: eBay, Qualcomm, DoorDash, Carvana and extra

Examine out the businesses generating headlines in prolonged trading: DoorDash — Shares of the food shipping and delivery corporation tumbled 13% after its to start with-quarter report revealed a wider-than-envisioned loss. DoorDash misplaced 6 cents per share on $2.51 billion in profits. Analysts surveyed by LSEG had been anticipating a loss of 4 cents for […]

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Stocks making the greatest moves premarket: EBay, Tesla, Taiwan Semiconductor, Alaska Air and more
Finance

Stocks making the greatest moves premarket: EBay, Tesla, Taiwan Semiconductor, Alaska Air and more

Test out the providers making headlines in advance of the bell. Taiwan Semiconductor Production — U.S.-traded shares of the Taiwanese chipmaker fell 2.4% despite beating income and financial gain expectations in the 1st quarter. The organization claimed no structural hurt from the earthquake in Taiwan previously in April, but mentioned some wafers “had to be […]

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Here are the best expenditure strategies out of the Sohn conference, which include an e-commerce enjoy
World

Here are the best expenditure strategies out of the Sohn conference, which include an e-commerce enjoy

The 2024 Sohn Investment decision Conference took location in New York took area Wednesday, with a slew of hedge fund professionals highlighting their top ideas. Among the the shares stated are an e-commerce system, a semiconductor title and a chemical compounds company out of Europe. The event also attributes suggestions from climbing stars inside of […]

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