Amazon’s lowered holiday sales forecast suggests an end to the pandemic online shopping boom
Amazon.com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade. The shares declined about 5% in extended trading. The company’s revenue and profit also missed projections for the third quarter and Amazon said its costs to negotiate supply chain issues and…
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Six Flags Entertainment gains as much as 3.6% as M Science notes that trends for the theme-park operator improved in the last few weeks of the quarter as well as the first weekend in October.
Six Flags Entertainment (SIX+3.3%), Cedar Fair (FUN+0.7%) and SeaWorld Entertainment (SEAS+2.5%) jump after M Science says traffic trends improved for Six Flags and SeaWorld near the end of Q3 across core theme parks. That would also coincide with a decrease in COVID restrictions in some regions.Six Flags (NYSE:SIX) is the first of the theme park…
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How the beauty industry is coping in the era of COVID
The COVID pandemic has been an extreme time for the beauty industry. People have whipsawed between feeling nearly invisible to being super-exposed: Masks covered half of our faces for much of the last 18 months — and, after a brief hiatus, the Delta variant means they’re back — while our looks have moved front-and-center during…
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M Science Launches a Retail and Consumer Brands Intelligence Platform
Data-driven research and analytics company M Science announces the launch of its Retail and Consumer Brands Intelligence Platform. This new platform aims to provide business-critical insights to the industry as it navigates post-COVID-19 consumer behavior and as the ecommerce landscape continues to rapidly evolve. Leveraging tested analytic models and a myriad of data inputs, the…
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Robinhood revenue doubles in Q2, warns trading is slowing
Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman breaks down the earnings reports for Robinhood, Nvidia, and Cisco.
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DoorDash is trying to plan for the end of the pandemic while benefiting from it
DoorDash Inc. has benefited from the pandemic, but the delivery company hopes it can branch out beyond prepared-food delivery for greater sustainability. Restaurants have reopened along with the rest of the economy, but with the delta variant of COVID-19 surging in many states, delivery platform DoorDash is still expected to show strong results when it…
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