GameStop Corp (NYSE: GME), the popular video game retailer, has found itself in a unique position with a substantial cash reserve of $1.31 billion and virtually no debt. This significant capital presents GameStop with a multitude of possibilities to leverage its resources and chart a new course for its future.
On Thursday, Ford Motor (NYSE: F) posted stellar second quarter results as it was boosted by its fleet and legacy truck units with the star of the show being U.S. trucks.
Amazon's stock recently recovered from a significant single day drop of over 200 points.
Despite a turbulent period, Amazon's year-to-date performance remains impressive, with its stock up by 50%.
On Thursday after market close, the jeans retailer succeeded to narrowly beat Wall Street estimates. But Levi Strauss & Co (NYSE: LEVI) slashed its full year guidance as it reported a harsh drop in wholesale revenues and weakened U.S.
As we turn the corner into the second half of the year, it appears as though the market may be coming around to understanding the impacts that a strong jobs report will have on inflation. For months, Happy Hour has been pounding the table on higher rates and no cuts in 2023 because of how sticky core inflation is due in part to the strength of the job market.
As Meta Platforms (NASDAQ: META) continues on its identity quest that began when it repositioned itself away from being a social media company Facebook to a metaverse platform creator, it went back to social media by launching a Twitter copycat that became the most popular alternative to Twitter in just one day, gathering 1
Meta, is set to launch Threads, a "text-based conversation app". This innovative app aims to compete directly with Twitter, a significant move in the global social media space.
Meta plans to make Threads available in more than a hundred countries.