CEOs send mixed signals about consumer spending as split emerges between income levels
In recent earnings conference calls, CEOs are presenting evidence of bifurcated consumer spending patterns. Source link
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Target Corp
Amazon sinks after Walmart lowers profit outlook on inflation concerns
The guidance cut comes days before Amazon is expected to report second-quarter earnings on Thursday. Source link
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Stocks making the biggest moves after hours: Walmart, Target, Whirlpool and more
These are the stocks posting the largest moves in extended trading. Source link
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Walmart cuts profit guidance as inflation forces shoppers to spend more on necessities
Walmart shares fell after the company cut its profit expectations due to inflation's impact on shoppers' choices. Source link
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Amazon’s deals don’t instill the same fear in rivals as before
The success of Amazon Web Services and the challenges Whole Foods has seen have made Amazon less likely to be
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From Gap to GameStop, there’s a retail executive exodus underway — and more departures are coming
Major leadership changes have become more frequent as the retail sector stares down a more challenging backdrop. Source link
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IPO market stays dormant as Justworks and Fresh Market withdraw their filings
The IPO market has been largely frozen this year as investors flee risk. That doesn't appear to be changing anytime
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Amazon Prime Day is coming up: Here’s why deal experts say you might want to skip it this year
Just because something is discounted on Prime Day doesn't mean it's the best deal you'll see anywhere, or even all
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Here’s where the jobs are for June 2022 — in one chart
U.S. firms hired more workers than expected in June, pointing to continued strength in the labor market. Source link
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