Latest in Retail Stocks Drop
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Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - 1d -
There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.CNBC - 1d -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 1d -
Google Joins the AI Shopping Revolution With Agent Tools for Retailers
The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.Inc. - 1d -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - 2d -
Memories of rosy Christmas fade as UK retailers brace for tough 2025
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation riseFinancial Times - 4d -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - 4d -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - 4d -
With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’
In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.The New York Times - 5d -
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.CNBC - 5d -
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Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - 5d -
Eggs over potato chips: Brits are getting healthier but not happier, top retailers say
Brits are getting healthier but not happier, according to updates from three of the company’s biggest food outlets.MarketWatch - 5d -
Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’
Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.MarketWatch - 5d -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
Nvidia’s stock suffers worst drop in months as CES speech lacked one big thing
Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.MarketWatch - Jan. 7 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
5,471-Piece Lord Of The Rings Barad-dur Lego Set Releases At Major Retailers
The Lord of the Rings: Barad-dur Lego Set (5,471 Pieces) $460 | Save $46 with My Best Buy ...GameSpot - Jan. 6 -
Fortnite Lego Sets Launch At Major Retailers, Including Amazon And Walmart
Lego Fortnite Battle Bus (954 Pieces) ...GameSpot - Jan. 5 -
China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - Jan. 5 -
Retail investors never had so many ways to invest. What’s at stake in 2025.
New technology can make investing easier — or more complicated — for retail investors.MarketWatch - Jan. 4 -
These are the space stocks to watch in 2025
After a big year for SpaceX — and one of misfortune for Boeing — here’s what to expect in the new year.MarketWatch - Jan. 4 -
Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - Jan. 4 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
Temperatures drop across UK as arctic blast brings more snow
The weekend is set to be bitterly cold, bringing "significant snow" and blizzard-like conditions, forecasters say.BBC News - Jan. 3 -
Tesla reports first drop in deliveries in at least 9 years
Tesla reported its first drop in annual deliveries in at least nine years, despite an increase in its numbers during the fourth quarter of 2024. The company, based in Austin, Texas, said Thursday ...The Hill - Jan. 2 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
Display collapses on kids, families after balloon drop mishap in Peabody
Several children were hurt when a display collapsed during a New Year's Eve event for kids in Massachusetts.CBS News - Dec. 31
