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Grove Collaborative Surges 21% After-Hours After Investor Pushes For Company Sale
Wednesday, July 9, 2025 - 3:07am | 502Grove Collaborative Holdings Inc. (NASDAQ:GROV) experienced a surge of 21.37% in after-hours trading on Tuesday, following HumanCo Investments’ suggestion for the company to consider a sale. What Happened: After an investor from HumanCo Investments, an investment management firm specialised...
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KraneShares Unveils Leveraged ETF For Investors Bullish On Mercado Libre
Friday, June 13, 2025 - 12:58pm | 401KraneShares is doubling down on Latin America’s digital economy, literally. The company on Thursday introduced the KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI), a new leveraged fund that is intended to track twice the daily movement of MercadoLibre (NASDAQ:MELI), the region’s top e-...
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Why Pro Investor Gary Black Ditched Tesla To Bet On Nvidia, Amazon, Meta And DoorDash?
Wednesday, June 11, 2025 - 5:51am | 693Gary Black, a seasoned Wall Street investor, has made a significant shift in his investment strategy. Black, who recently sold off his remaining shares in Tesla Inc. (NASDAQ:TSLA), is now focusing on what he sees as major opportunities in big tech. What Happened: Black, the...
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Nike Stock Sprints Higher After Hours As Retailer Returns To Amazon: Report
Wednesday, May 21, 2025 - 5:53pm | 496Nike Inc (NYSE:NKE) shares are trading higher in Wednesday’s after-hours session following a report that the company will sell on Amazon.com (NASDAQ:AMZN) for the first time in six years. What Happened: According to a report from The Information, Amazon will start selling Nike products on its...
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Walmart E-Commerce Turns Profitable For The First Time: Despite Reduced Tariffs, CEO Says Full Impact Can't Be Absorbed, Price Hikes Likely
Friday, May 16, 2025 - 2:46am | 742Multinational retailer Walmart Inc.‘s (NYSE:WMT) e-commerce businesses turned profitable for the first time in the U.S. and globally during the first quarter of the ongoing fiscal year despite looming tariff uncertainties. What Happened: CEO Doug McMillon expressed optimism over the company...
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MercadoLibre Stock Surges On Q1 Earnings Beat: 'Exceptional Momentum'
Wednesday, May 7, 2025 - 6:03pm | 311MercadoLibre Inc (NASDAQ:MELI) shares are rising in extended trading on Wednesday after the company reported better-than-expected results for the first quarter. Q1 Revenue: $5.93 billion, versus estimates of $5.51 billion Q1 EPS: $9.74, versus estimates of $8.03 Total revenue increased 37% on a...
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What's Going On With Wayfair Stock On Thursday?
Thursday, May 1, 2025 - 2:16pm | 428Wayfair Inc. (NYSE:W) shares are trading higher on Thursday after reporting first-quarter results. The company reported adjusted earnings per share of 10 cents, beating the street view of 20 cents loss. Quarterly sales of $2.73 billion (almost flat year over year) outpaced the analyst consensus...
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Amazon Stock Is Rising After The Bell: What's Driving The Action?
Wednesday, April 30, 2025 - 5:15pm | 569Amazon.com Inc (NASDAQ:AMZN) shares are moving higher in Wednesday’s after-hours session. The company announced a $4 billion investment in small towns across the U.S. after the market close. What To Know: Amazon announced plans to invest $4 billion by 2026 to expand its rural delivery network...
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eBay Shares Mostly Flat After Better-Than-Expected Q1 Results
Wednesday, April 30, 2025 - 4:43pm | 356eBay Inc. (NASDAQ:EBAY) released its first-quarter results after Wednesday's closing bell. Here's a look at the details from the quarter. The Details: eBay reported quarterly earnings of $1.38 per share, which beat the analyst consensus estimate of $1.34. Quarterly...
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Walmart Doubles Down On Discounts To Keep Prices Low As Tariffs Threaten Shoppers' Budgets
Thursday, April 24, 2025 - 2:21pm | 485Walmart Inc (NYSE:WMT) remains aggressively invested in its ambitions to offer lower prices to spur demand and grow market share amid a soft-spending environment and tariff uncertainties. The retailer introduced “manager’s special” signs to highlight discounts on key items...
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Amazon Price Target Slashed Again On 'Wild Card' Tariff Concerns
Wednesday, April 23, 2025 - 11:58am | 343Amazon.com, Inc. (NASDAQ:AMZN) saw its price target cut by another analyst on Wednesday, marking the thirteenth price target reduction for the stock since President Donald Trump announced his tariff policies on April 2. Expert Ideas: Analysts at Telsey Advisory Group slashed price expectations on...
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US Pressures India To Open Its $125 Billion E-commerce Market To Amazon, Walmart: Report
Tuesday, April 22, 2025 - 9:23am | 613To gain full access to India’s $125 billion ecommerce market, the Trump administration is reportedly pushing for the inclusion of online retailers like Amazon and Walmart in the ongoing trade deal negotiations. What Happened: The U.S. is advocating for a fair e-commerce environment in India...
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Options Corner: Wall Street's Risk Modeling Nightmare Creates Massive Opportunities In Amazon Put Spreads
Friday, April 11, 2025 - 3:40pm | 1092It's a terrifying time to be a market maker these days. Recently, the University of Michigan's Consumer Sentiment Index for April plunged to 50.4, its lowest reading since June 2022. It also represents a steep drop from March's reading of 57 points. Worrying investors is that the figure missed...
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Amazon, Wayfair, Pinterest Win Analyst Backing Due To Tariff Pause, Supply Chain Relief, Discretionary Spend Recovery
Thursday, April 10, 2025 - 2:39pm | 619BofA Securities analyst Justin Post noted Thursday that President Donald Trump announced a 90-day pause on reciprocal tariffs, keeping the 10% baseline in place. Per Trump, the pause comes after 75-plus countries called U.S. officials to negotiate trade agreements, even as he hiked tariffs on...
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Amazon Faces Tariff Turbulence But Analyst Sees Favorable Trends
Wednesday, April 9, 2025 - 1:15pm | 467BofA Securities analyst Justin Post maintained Amazon.com Inc (NASDAQ:AMZN) stock with a Buy rating and lowered the price target from $257 to $225 Wednesday. President Donald Trump’s April 2 tariff announcements were much more significant than expected, including the China tariffs that could...