The big-box retailer already reported holiday sales, but its online sales gained momentum into January as Americans received $600 stimulus checks.
Kategorie-Archiv: CNBC Financial News
Kohl’s shares rise after retailer posts better-than-expected earnings, sees sales growth in 2021
Kohl’s on Tuesday reported fourth-quarter earnings and sales that topped analysts‘ estimates.
Zoom pops as company beats expectations and issues strong guidance
Zoom expects to keep the revenue growth coming in the quarters ahead, although it won’t be at pandemic levels.
Satellite data company Spire goes public via SPAC, adding to a growing list of public space plays
Small satellite builder and data specialist Spire Global is planning to go public through a SPAC.
Small-launch leader Rocket Lab going public via a SPAC, with plans for bigger Neutron rocket
Rocket Lab, the leader among companies building small rockets to launch satellites, is going public through a SPAC merger.
‚There is no alternative‘ — Stocks‘ long-running ‚TINA‘ advantage could be ending, worrying traders
Some are wondering whether this is the end to the fabled „there is no alternative“ to stocks notion.
Buffett is buying back more Berkshire stock this year after record $25 billion repurchase in 2020
During the fourth quarter the company bought back around $9 billion of Berkshire shares, bringing the total 2020 repurchase to a record $24.7 billion.
Warren Buffett owns more of a Chinese electric car company than General Motors
Berkshire Hathaway holds an 8.2% stake in Chinese electric automaker BYD, more than it does of General Motors, Warren Buffett said in a letter to shareholders.
Activist investor Jeff Ubben joins Exxon Mobil’s board
Jeff Ubben and Mike Angelakis have joined Exxon’s board of directors as the oil giant faces shareholder pressure.
Bitcoin is at a tipping point and could become ‚currency of choice‘ for global trade, Citi says
Bitcoin’s wild ascent over the last few months has forced big Wall Street players to reevaluate the cryptocurrency.