Mid-Day Market Update: Gold Rises Over 1%; Harpoon Therapeutics Shares Plummet
Midway through trading Friday, the Dow traded up 0.39% to 34,713.33 while the NASDAQ rose 1.28% to 13,789.21. The S&P also rose, gaining 0.69% to 4,221.95.
Truck Talk: Making The Case Edition
This week, we're looking at the meaning of electric trucks delivering groceries, autonomous trucks delivering watermelons and other "firsts" trying to make the case for advanced transportation technologies. And a sort of contrarian view on both.
Modest Inventory Bump Not Likely To Slow Freight’s Flow Anytime Soon
After a few quarters of sales growth significantly outpacing inventory additions, the two were closer to parity at retailers specializing in general merchandise and household goods during the fiscal first quarter, which concluded at the end of April. While stock levels are beginning to improve, it appears it may take retailers a while to rebuild positions to normal historical levels.
Mid-Morning Market Update: Markets Open Higher; US Economy Adds 559,000 Jobs in May
Following the market opening Friday, the Dow traded up 0.26% to 34,666.18 while the NASDAQ rose 1.22% to 13,780.27. The S&P also rose, gaining 0.64% to 4,219.82.
Mid-Afternoon Market Update: Castor Maritime Rises After Q1 Earnings; FireEye Shares Slide
Toward the end of trading Thursday, the Dow traded up 0.11% to 34,638.95 while the NASDAQ fell 0.69% to 13,661.27. The S&P also fell, dropping 0.18% to 4,200.55.
Is ‘A Day Of Reckoning’ Coming For FedEx, UPS?
This is an excerpt from Thursday’s (5/27) Point of Sale retail supply chain newsletter sponsored by ArcBest. FedEx remains inundated with…
Mid-Day Market Update: Gold Down 2%; Community Bankers Trust Shares Spike Higher
Midway through trading Thursday, the Dow traded up 0.07% to 34,623.16 while the NASDAQ fell 0.55% to 13,680.32. The S&P also fell, dropping 0.14% to 4,202.12.
Beyond Meat Needs To Go Above And Beyond To Combat The Headwinds
For most of 2020, the pandemic-shaped year, COVID-19 wreaked havoc on the food and restaurant industry.
Shippo Reaches Unicorn Status With $50M Raise
Shippo, an e-commerce shipping platform, has announced it has raised $50 million in new funding led by Bessemer Venture Partners. The company has raised a total of $154.3 million since 2014.
This round has pushed Shippo to unicorn status, now valued at $1 billion.
Mid-Morning Market Update: Markets Open Lower; JM Smucker Posts Upbeat Q4 Profit
Following the market opening Thursday, the Dow traded down 0.28% to 34,502.44 while the NASDAQ fell 0.98% to 13,621.46. The S&P also fell, dropping 0.54% to 4,185.22.