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Zacks News
Rush for Speedy Deliveries Continue, Retailers Up their Game
by Vidya Nair
Grocery retailers like Kroger (KR), Walmart (WMT) and Albertsons (ACI) are bolstering their e-commerce capabilities with solutions like deliveries in less than an hour and drone services.
Walmart's (WMT) Wage Hike Depicts Focus on Rewarding Workers
by Zacks Equity Research
Walmart (WMT) is increasing wages of more than 565,000 of its U.S. store workers, as revealed by media reports. The raise of at least $1 per hour is to take effect from Sep 25.
Walmart (WMT) Unveils Hiring Plan, Focuses on Supply Chain
by Zacks Equity Research
Walmart (WMT) announces plans to employ 20,000 new workers at its supply-chain locations. The company is holding a hiring event next week.
Stride, Intuit, Uber, DoorDash and Shopify highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Stride, Intuit, Uber, DoorDash and Shopify highlighted as Zacks Bull and Bear of the Day
UBER Faces a Blow as NYC Approves Cap on Food Delivery Fees
by Zacks Equity Research
The New York City Council's approval of permanent commission caps on food delivery orders poses a threat to UBER's already weak bottom line.
UBER Gains Despite Court Ruling Prop 22 as Unconstitutional
by Zacks Equity Research
The California court declaring the November 2020 ballot initiative as unconstitutional is a major threat to UBER's business model of classifying drivers as independent contractors.
Walmart (WMT) Boosts Revenue Streams With Walmart GoLocal
by Zacks Equity Research
Walmart (WMT) unveils Walmart GoLocal, which will help deliver products to businesses of all sizes. The new service is likely to serve as another revenue stream for Walmart.
Disney Beats Q3 Estimates, Shares +5%
by Mark Vickery
Earnings of 80 cents per share trounced the 57 cents in the Zacks consensus, not to mention the 8 cents per share reported in the year-ago quarter.
Walmart (WMT) Queued for Q2 Earnings: E-Commerce Strength Likely
by Zacks Equity Research
Walmart's (WMT) second-quarter fiscal 2022 results are likely to display strength in e-commerce business, which has been benefiting from rising demand and the company's solid delivery services.
Bed Bath & Beyond (BBBY) Points Digital Edge, Partners With Roadie
by Zacks Equity Research
Alongside teaming up with Roadie, Bed Bath & Beyond (BBBY) stated that customers of Bed Bath & Beyond and buybuy BABY can pick up Buy Online Pickup Curbside orders as early as 8 am.
Digitization Holds the Key: Target & 4 Other Retailers to Watch
by Sumit Singh
Retailers have been emphasizing on upgradation of store technology, omni-channel capabilities and last mile delivery solutions.
Walmart (WMT) Fuels E-Commerce With More Flipkart Investment
by Zacks Equity Research
Walmart (WMT) has made further investment in Flipkart. Flipkart's fundraise from global investors goes in tandem with its efforts to strengthen India's digital framework.
Online Grocery Delivery Demand to Prevail: 4 Stocks to Watch
by Rashmi Jaiswal
To capitalize on flourishing online demand for grocery, companies are steadily bolstering their delivery capabilities to offer a convenient shopping experience.
Albertsons (ACI), DoorDash Tie Up to Expedite Grocery Delivery
by Zacks Equity Research
Albertsons (ACI) partners with DoorDash to boost on-demand grocery delivery services, thereby enriching the shopping experience of its customers.
Markets Bounce Back; Disney+ Misses on Subscriber Numbers
by Mark Vickery
The Walt Disney Company (DIS) shares are down more than 4% in late trading on a big earnings beat for its fiscal Q2.
Internet Stocks' May 13 Q1 Earnings Lineup: GLOB, DASH & More
by Radhika Pujara
Here is a sneak peek on how five notable Internet stocks, GLOB, MCHX, NICE, DASH, AEYE, are poised ahead of their upcoming Q1 results scheduled for May 13.
A Weak Jobs Report Can't Halt the Rally in Stocks
by David Borun
The biggest miss ever in Non-farm Payrolls calms inflation fears, but presents more questions than answers.
What To Do With Uber Shares After Its Over 20% Plunge
by Daniel Laboe
The Biden administration and newly appointed Secretary of Labor, Marty Walsh, are trying to rid the US of the new gig economy that has provided millions of US workers with the flexibility to make money on their time.
Earnings Boom for Housing and Construction
by Sheraz Mian
The goal in this piece is to share with you the very impressive Q1 results and rising estimates outlook for the economically sensitive sectors like Construction and others...
Mastercard (MA) Ties Up to Ease Cardholders' Daily Expenses
by Zacks Equity Research
Mastercard (MA) unveils new and extended collaborations for offering advanced digital offerings and generate greater savings for World and World Elite cardholders.
Earnings Start Growing Again
by Sheraz Mian
It's a pleasant surprise that 2020 Q4 is on track to show a +3% earnings growth when the pre-season expectation was for an -11% decline...
Company News for Dec 29, 2020
by Zacks Equity Research
Companies In The News Are: TSLA, LMT, MYOV, PFE, DASH
5 Top Performers of an IPO-Packed 2020
by Ritujay Ghosh
It has been a terrific year for IPOs despite the pandemic rattling the global economy. However, it was primarily a tech show with two of the biggest IPOs taking place in consecutive days when Airbnb (ABNB) and DoorDash (DASH) made their stock exchange debut in early December.
Why IPO ETFs are Soaring in 2020
by Neena Mishra
These ETFs provide diversified exposure to hottest IPOs
ABNB & DASH IPOs Demonstrate The Risk Appetite For Equities
by Daniel Laboe
The markets might be getting frothy with excess and this week's IPO bonanza epitomizes the market's lust for risk.