Retail Sales - Spark Newswire

2 minute read

Chip Shortage In Focus With US Automakers Like Tesla, Ford, GM But Cathie Wood Says Used-Car Data Points In Different Direction

Today, 10:29 PM

Ark Invest CEO and popular money manager Cathie Wood said on Wednesday that latest used car price data indicate sales have peaked and that prices will come down as deflation plays a bigger role in the coming days.

2 minute read

Nio Confirms Plans To Enter Mass-Market EV Segment Under A Sub-Brand

By Rachit Vats

Today, 10:29 PM

U.S.-listed Chinese electric vehicle maker Nio Inc (NYSE: NIO) on Wednesday confirmed plans to foray into the mass market, as per the company’s CEO William Li.

NIO

2 minute read

Lordstown Shares Shoot Up 5% As EV Maker Strikes Optimism In Q2 Earnings Report: Here’s What You Need To Know

By Rachit Vats

Today, 10:29 PM

Lordstown Motors Corp (NASDAQ: RIDE) shares jumped 5% in the after-hours trading on Wednesday as the electric vehicle startup said it is on track to begin limited production by the end of September and is in talks with multiple partners that could lead to additional capital infusion.

7 minute read

Inflation Slowing On The Consumer End As Market Awaits Tomorrow’s Report On Producer Costs

By JJ Kinahan

Today, 10:29 PM

These days, monthly inflation reports carry almost as much weight in the market as monthly job reports. Today’s consumer price index for July came in around expectations, meaning the impact on Wall Street might not be too heavy.

AAPL

3 minute read

Alibaba Has Both #MeToo And Regulators To Think About

By IAM Newswire

Today, 10:29 PM

On Monday, the Chinese e-commerce giant scrambled to contain a sexual assault scandal that has thrown it into the middle of the #MeToo movement that has been slowly taking place in the country.

AMZN

2 minute read

Cannabis Dispensary Roundup: Green Apple Cannabis, EDEN Empire, New Standard, High Tide

By Jelena Martinovic

Today, 10:29 PM

New Green Apple Cannabis Store Opens In Thornton, Ontario To wrap up July, Green Apple Cannabis, a local dispensary at 231 Barrie St. in Thornton, Ontario, launched its cannabis sales. The dispensary held a grand opening ceremony on Saturday, July 31, Bradford Today reported.

CSE:EDEN

5 minute read

Moving From ‘E-Commerce In A Box’ To ‘Composable Commerce’

By FreightWaves

Today, 10:29 PM

E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the e-commerce market in general in a recent interview.

AMZN

7 minute read

The Dog Days Aren’t Over: Wait And See Mode For Now As Key Inflation Data Ahead

By JJ Kinahan

Today, 10:29 PM

Whoever thought up the expression “dog days of summer” probably had mornings like this in mind. Looking around for news, it’s hard to find much. And U.S. markets didn’t move very far overnight. European trading hasn’t provided a lot of direction, either, though stocks did rise pretty nicely across the Pacific in China.

AAPL

2 minute read

AMC Strikes Deal With Warner Bros For 45-Day Exclusive Window: What You Need To Know

By Madhukumar Warrier

Today, 10:29 PM

Movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) said it has reached an agreement with AT&T Inc.’s (NYSE: T) Warner Bros. to show the studio’s 2022 slate in theatres for an exclus

AMC

2 minute read

AMC To Accept Bitcoin As Payment For Tickets, Concessions By End Of Year

By Madhukumar Warrier

Today, 10:29 PM

Movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) will begin accepting apex cryptocurrency Bitcoin (CRYPTO: BTC) as payment for move tickets and concessions by the end of this year.

AMC