Category: Industries

Industries, Retail & Wholesale

Why Amazon Buying Whole Foods Might Not Shake Up the Grocery Industry Like You Might Expect

October 18, 2017

Via: Fortune

Most U.S. shoppers are fiercely loyal to local food stores, calling them better than online options, according to a new Reuters/Ipsos poll that raises questions about how much‘s $13.7 billion purchase of Whole Foods will shake up the supermarket […]

Industries, Others

Netflix hits record high as subscriber growth blows past targets (NFLX)

October 17, 2017

Via: Business Insider

Shares of Netflix hit a record high of $204.38 early Tuesday after the company reported subscriber growth that blew past estimates. Shares have since pared their gains, and are currently up 0.51% at $203.72. The company reported a total net […]

Energy, Industries

Energy surge sends US consumer prices up 0.5 pct.

October 13, 2017

Via: ABC News

U.S. consumer prices rose 0.5 percent in September, the largest increase in eight months. The result reflects another big jump in energy prices in the aftermath of Hurricane Harvey, which shut Gulf Coast refineries and caused gasoline prices to spike […]

Energy, Finance Tech, Industries, Trading

Oil market bulls are wrong to forecast a pick-up in prices — and here’s why

October 12, 2017


Oil prices are unlikely to reach $60 per barrel anytime soon as hawkish forecasters continue to ignore the “elephant in the room”, a senior economist told CNBC Wednesday. Daniel Lacalle, chief economist and investment officer at Tressis Gestion, said: “The […]

Industries, Retail & Wholesale

Walmart Says Its Online Sales Will Explode Next Year Amid War With Amazon

October 10, 2017

Via: Fortune

Walmart (WMT, +3.81%) expects little abatement in the pace of its torrid e-commerce growth next year, and the retailer’s latest forecast sent shares up 2% on Tuesday. The world’s largest retailer, for years slow to respond to (AMZN, +0.45%) […]

Industries, Retail & Wholesale

Costco has two new weapons in its battle against Amazon (COST)

October 6, 2017

Via: Business Insider

Costco is rolling out new delivery options in an effort to take on Amazon. On Thursday, the retailer announced that Costco Grocery will offer two-day delivery on nonperishable items, like cookies, cereal, and canned foods, starting this week. Delivery will […]

Industries, Manufacturing

Tesla shares to plunge nearly 40% due to weak Model 3 production: Goldman

October 3, 2017


Tesla’s third quarter Model 3 delivery miss is further evidence the electric car maker will have difficulties ramping manufacturing for the key vehicle, according to a top Wall Street firm. In the third quarter, Tesla delivered 26,150 total vehicles and […]

Industries, Retail & Wholesale

Nordstrom Talks to Go Private Could Be in Trouble

October 2, 2017

Via: TheStreet

Shares of Nordstrom, Inc. (JWN – Get Report) tumbled over 5% in premarket trading Monday, Oct. 2, after insiders said talks to take the Seattle-based retailer private could be in danger of failing, according to the New York Post. The […]

Energy, Industries

Why energy stocks are a great bet

September 29, 2017

Via: Business Insider

Business Insider executive editor Sara Silverstein talks to Sarah Hunt, a portfolio manager at $4 billion firm Alpine Funds, about why she’s bullish on energy stocks. Hunt says there’s been a change in discussions around oil, and says she expects […]

Energy, Industries

Energy is rallying once again, but investors are wary

September 26, 2017


Oh man, it’s happening again. Oil is rallying, and so are oil stocks. Both are up about 10 percent in a month. And almost no one thinks it will last. Here’s the story this time: Oil supply is tightening. OPEC […]