Category: Industries

Industries, Manufacturing

Tata Motors to hike prices of passenger vehicles by 0.8% from Aug 3

August 2, 2021

Via: Business Today

Tata Motors on Monday said it will hike the prices of its passenger vehicles by an average of 0.8 per cent from August 3, depending on the variant and model. However, the company said it will offer protection from the […]

Industries, Retail & Wholesale

US consumers boost spending 1% as inflation remains high

July 30, 2021

Via: ABC News

American consumers increased their spending by 1% in June — a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the coronavirus. At the […]

Financial Services, Trading

Global markets sink ahead of Fed update on economy

July 27, 2021

Via: ABC News

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]

Financial Services, Industries

American Express Blasts Earnings Forecasts on Post-COVID Spending Surge

July 23, 2021

Via: TheStreet

American Express Co. (AXP) – Get Report posted stronger-than-expected second quarter earnings Friday thanks to a post-pandemic boom in consumer spending and the release of loan loss reserves. American Express said diluted earnings for the three months ending in June […]

Enterprise, Industries

Lithia Motors Rises As Quarterly Results Exceed Estimates

July 21, 2021

Via: Markets Insider

Shares of auto retailer Lithia Motors, Inc. (LAD) are up more than 7% Wednesday morning following upbeat second-quarter results. Net income in the second quarter increased 292% to $305 million or $10.75 per share from $78 million or $3.38 per […]

Industries, Retail & Wholesale

Retailers Set For Another Unprecedented Holiday Season

July 20, 2021


It may be the dog days of summer, but retailers are already busy planning for a holiday season geared toward experiential, but less expensive, gifting. The new forecast from Salesforce, released Tuesday (July 20), also predicts that logistical challenges could […]

Industries, Others

Netflix Q2 earnings preview: Web-tracking data shows traffic slumped then rebounded

July 19, 2021

Via: Markets Insider

Netflix’s web traffic slumped during the second quarter of 2021, but rebounded toward the end of the period, according to data from analytics firm Similarweb that was shared exclusively with Insider. The data, which shows unique visitors to Netflix’s desktop […]

Energy, Industries

Crude Oil Prices Under Fire, US Retail and Consumer Trends Data Eyed

July 16, 2021

Via: DailyFX

Crude oil prices saw heavy selling pressure this week, with the WTI contact on pace for the biggest five-day drop since mid-March. Worries about slowing global growth and the follow-on headwinds for energy prices linked to the spread of the […]

Industries, Manufacturing

Taiwan Semiconductor Manufacturing is about to announce its earnings — here’s what to expect

July 13, 2021

Via: Markets Insider

Taiwan Semiconductor Manufacturing will report Q2 earnings on July 15. Forecasts of 27 analysts expect earnings of $0.931 per share compared to earnings of $0.791 per share from the same quarter last year. Wall Street analysts are expecting the company […]

Industries, Retail & Wholesale

US consumer prices surged in past year the most since 2008

July 13, 2021

Via: ABC News

American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply. Tuesday’s report […]