Walmart Jumps as ‘Get Out and Shop’ Ethic Spurs Boosted Forecast
Walmart Inc. shares jumped after the retailer posted strong quarterly sales growth and boosted its profit outlook, an impressive feat after facing a difficult comparison with last year’s pandemic-fueled stockpiling. Comparable sales increased 6% for Walmart stores in the U.S., excluding fuel, compared with an expected 2% gain, according to estimates compiled by Bloomberg.
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With Subscriber Misses By Netflix, Disney, Should Streaming Bulls Worry?
After missing analyst expectations for revenue and Disney+ subscriber adds, shareholders today whacked Walt Disney Co. DIS share prices across the knees, sending them down almost 6 percent in initial trading hours after the Hollywood giant’s latest earnings. That Wall Street response to Disney’s miss wasn’t quite as rough as the beating investors handed out…
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The M Science Episode
In this episode I speak to Spenser Marshall of M Science. M Science is one of the more established players in the alternative data world, having been first founded as Majestic Research back in 2002. In our conversation, Spenser and I explore the company’s historical development, current offering, client-base, and we touch on some use…
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Which Sportsbook Is the Better Bet: DraftKings, FanDuel, or BetMGM?
Sports wagering has enjoyed phenomenal growth over the past year.Sports betting is one of the fastest growing areas of online gambling, which itself was all that managed to keep casinos afloat during the pandemic, and New Jersey has quickly become the sports betting capital of the country.
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1 Positive Sign for Netflix Heading Into Q1 Earnings
Subscribers appear to have taken the price hike in stride.Netflix (NFLX) quarterly reports are always full of surprises. The streaming stock has a history of moving wildly on earnings reports as its subscriber numbers tend to fluctuate significantly in ways that are difficult to predict. Netflix also aims to provide guidance that is accurate, sharing…
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Instacart Power Players: The 11 top executives – including recent hires from Amazon, Uber,, and Goldman Sachs – as the company eyes an IPO
In 2020, Instacart added more than 200 new retailers and more than 15,000 new store locations to its marketplace. Instacart now delivers from more than 65,000 stores in North America. In 2021, the company, whose valuation reached $39 billion, made major changes to its top leadership. In August, former Facebook executive Fidji Simo became CEO…
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