Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.
Kategorie-Archiv: CNBC Financial News
The low-end consumer ‚is really being stretched,‘ says Five Below CEO
U.S. consumers may still be feeling the effects of inflation for quite some time, according to Five Below CEO Joel Anderson.
GameStop shares jump more than 40% as ‚Roaring Kitty‘ schedules YouTube livestream for Friday
Shares of GameStop shot to session highs Thursday after „Roaring Kitty“ scheduled a livestream on YouTube, which would be his first one in almost four years.
GameStop shares drop after retailer posts 29% sales decline, reveals stock sale plan
GameStop reported its fiscal first-quarter results Friday, showing a steep decline in sales along with a loss on the bottom line.
Salesforce to open new AI center in London as part of $4 billion UK investment
Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub.
Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth
Bulgarian-founded corporate card startup Payhawk said it is searching for startups in the world of corporate spend management to acquire.
Lululemon shares pop 10% despite lackluster earnings report and guidance
Lululemon is seeing sales grow in North America, but at a far slower pace than the past, raising concerns from investors about its future growth potential.
Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ’six-month thing‘ as rates fall
Barry Sternlicht defended his decision to put a cap on how much money investors could pull from his real estate fund.
Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ’six-month thing‘ as rates fall
Barry Sternlicht defended his decision to put a cap on how much money investors could pull from his real estate fund.
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
Hanesbrands has agreed to sell its Champion brand to Authentic Brands Group in a transaction valued at $1.2 billion, the company announced Wednesday.