Walmart reported its weakest quarterly U.S. sales growth since 2020 at 2.6%, missing analyst expectations of 3.8% amid cautious consumer spending. Shares slid over 6% in premarket trading despite a 2…
Bank of America research indicates the US 'K-shaped' economic divergence is closing as lower- and middle-income wage and spending growth accelerate upward. Balanced consumer spending and robust wage …
US retail sales fell 0.6% in July, missing expectations, partly due to Amazon's Prime Day shifting to June. Weaker consumer spending data raises economic growth concerns and could influence Fed rate …
Retail sales fell 0.6% in July, the largest drop in 14 months, but driven by seasonal quirks (Amazon Prime timing shift) and lower gas prices rather than economic weakness. Annual sales growth remain…
US retail sales fell 0.6% in July, the largest drop in 14 months, driven by cheaper gas and post-Amazon-sale online spending declines. Annual sales growth remains at 5%, and economists see no major w…
Home Depot (HD) posted mixed Q1 results, beating EPS estimates but warning of soft demand for big remodeling projects due to high rates and elevated home prices. Analysts remain moderately bullish, t…
Shopify shares surged 15% after strong Q2 revenue and upbeat Q3 guidance, driven by AI-powered merchant tools and partnerships with Google, Microsoft, and OpenAI boosting e-commerce demand.
US housing market shows signs of cooling as pandemic boomtowns like Las Vegas see price drops. Affordability crisis persists despite rising inventory, with luxury markets thriving while middle-income…
Evercore founder Roger Altman asserts the stock market is resilient, shrugging off macro headwinds due to record corporate profits and strong consumer spending. While AI capital expenditure poses a l…
Retail earnings season begins Aug. 19 with Walmart, Target, Dollar General, and Five Below reporting. Focus shifts from tariff-driven margin gains to sustainable sales growth, a key indicator of cons…
US Q2 GDP likely grew ~2.1% on resilient consumer spending and AI-driven capex, despite Middle East war risks. Fed hints at a September rate hike to fight inflation, boosting USD, while rising oil pr…
Big-and-bulky last-mile delivery growth is slowing to ~5% annually through 2027 due to weak housing market, high mortgage rates, and reduced furniture/appliance demand, per industry report.
Dave Ramsey advises against financing new cars, singling out Tesla Model Y depreciation as example. Personal finance advice piece, not directly material to Tesla's business fundamentals or stock valu…
Apple reports Q3 earnings Thursday, with analysts expecting EPS of $1.88 on $108.8B revenue. Focus on iPhone demand amid price hikes and wearables strength could catalyze shares if consumer resilienc…
Reports show rising living costs are forcing Americans to cut retirement savings, with many falling behind goals amid Social Security funding concerns, signaling consumer financial strain.
Save Mart launches largest-ever fuel discount via Shell partnership amid high grocery and gas prices, reflecting broader grocery industry trend to boost loyalty as gasoline prices rose 26.7% year-ove…
U.S. national average gas prices held above $4 per gallon throughout August ahead of Labor Day weekend. The article outlines consumer discount programs, loyalty apps, and credit card rewards designed…