Home Depot Inc
Why Amazon Marketplace didn’t survive in China
China’s e-commerce market was valued at $2 trillion in 2022, according to GlobalData, and the country also has a rapidly growing middle class, making it an attractive market for American companies. Amazon entered the China market in 2004 through a $75 million acquisition of Joyo.com, an online book and media seller. The joint venture rebranded […]
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Walmart strikes a deal with Salesforce to sell more of its tech to other retailers
As times get tighter in retail, Walmart is chasing a new side hustle. The retail giant, known for selling groceries, toothpaste, toys and more in its big-box stores, wants to sell more of its technology and services to other companies. On Thursday, it announced a deal with Salesforce to ramp up sales of its GoLocal […]
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Stocks making the biggest moves midday: Moderna, First Solar, Pinterest, Norwegian Cruise Line and more
In this article NCLH MRNA ORCL PINS Follow your favorite stocksCREATE FREE ACCOUNT Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Moderna – The drugmaker saw its stock soar more than […]
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‘Dividend aristocrats’ trounce the market when a recession hits — 10 names to buy now from Wolfe Research
Investors considering the looming threat of a recession next year could snap up these “dividend aristocrats” that historically outperform in a downturn, according to Wolfe Research. Dividend aristocrats have a long track record of raising dividends. What’s more, these stocks typically outpace the broader market heading into and out of a recession, according to Wolfe […]
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Here’s why Home Depot and Lowe’s are booming in a housing market bust
A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While […]
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Raymond James downgrades Home Depot, says there are challenges ahead despite solid earnings report
Hold off on Home Depot for now, according to Raymond James. Analyst Bobby Griffin downgraded shares of Home Depot to market perform from outperform, foreseeing challenges next year for the housing sector. “Our change in opinion is not a reflection of Home Depot’s execution (has been solid), but more so our view that the risk/reward […]
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Lowe’s reports revenue increase, beating Wall Street’s expectations
A Lowe’s employee walks through the store during the grand opening of the Lowe’s store in San Francisco, California. Getty Images Lowe’s reported third-quarter earnings on Wednesday that beat analysts’ expectations, with revenue up compared to the same period last year. The home improvement retailer also updated its guidance, lowering the top end of its […]
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Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street’s expectations and raising its forward guidance. The company reported adjusted earnings per share of $1.50 on $152.81 billion in revenue, where […]
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Shares creating the major moves in the premarket: Walmart, Vodafone, Getty Illustrations or photos and far more
Get a seem at some of the major movers in the premarket: Walmart (WMT) – Walmart shares surged 6.9% in the premarket right after the retailer described much better-than-expected quarterly gain and profits, and also noticed comparable retail store profits exceed estimates. Walmart also declared a $20 billion share repurchase application. associated investing information Dan […]
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5 things to know before the stock market opens Tuesday
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Andrew Harrer | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Fed speak in the spotlight Stocks fell […]
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