Target’s earnings take a huge hit as retailer sells off unwanted inventory
The big-box retailer cut its profit outlook in June, saying it would take a hit as it marked down unwanted goods and canceled merchandise orders....
Month : August 2022
Stocks making the biggest moves premarket: Lowe’s, Target, TJX and more
Names on the move ahead of the open....
UK inflation rate rises to 40-year high of 10.1%
Consumer price index in July registered double-digit annual increase for first time since 1982...
China needs Taiwan’s biggest chipmaker — more than the other way around
Taiwan Semiconductor Manufacturing Company has limited revenue and manufacturing exposure to mainland China, while dominating the world’s advanced chip tech....
Taiwan tensions force multinationals to rethink China risk
Companies draw up contingency plans for potential Sino-US conflict that could be the ‘next Ukraine’...
Apple and Meta headsets could face a big challenge: Sticker shock
Apple and Meta are developing technology for mixed reality that requires a lot of expensive parts and a powerful headset....
Bed Bath & Beyond soars 70% as meme traders talk up Ryan Cohen’s call options purchase
Bed Bath & Beyond jumped as meme stock traders piled in, encouraged by GameStop chairman Ryan Cohen placing another bet on the struggling retailer....
