Retail Sales - Spark Newswire

8 minute read

Covid Back In Headlines As Cases Ramp Up, Pushing Travel Stocks, Multinationals Lower

Today, 4:44 PM

A ramp-up in new Covid cases is bringing fear that we may take a step backward here, weighing on stocks to start the week. Wall Street continues to show signs of tracking the bond market, and bond yields posted fresh five-month lows this morning.

AAL

2 minute read

Nintendo Says Claims Of Switch OLED Model Having Higher Profit Margin Than Regular Model Are ‘Incorrect’

By Rachit Vats

Today, 4:44 PM

Japanese video gaming company Nintendo Co (OTC: NTDOY) on Monday denied reports that claimed profit margins of the new Switch OLED model would be higher compared with the current version, which is about $50 cheaper.

MSFT

2 minute read

Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Orders

By Madhukumar Warrier

Today, 4:44 PM

Chinese electric vehicle maker Xpeng Inc. (NYSE: XPEV) said it received more than 5,000 orders for its upcoming P5 sedan in just seven hours after the vehicle was available for pre-sale, cnEVpost

3 minute read

Cannabis Dispensary Roundup: Verilife To Open In IL, Ayr Wellness And Harvest Health Each Open Shops In FL, High TIde Debuts Another Canna Cabana Store

By Jelena Martinovic

Today, 4:44 PM

New Verilife Dispensary To Open In Schaumburg, IL, PharmaCann To Open Medical Marijuana Verilife Dispensary In PA By The End Of 2021 Vertically integrated cannabis company PharmaCann Inc. reported Tuesday that the newest Verilife dispensary at 150 Barrington Road in Schaumburg, Illinois is now open.

AGEEF

3 minute read

Levi Crushed Earnings Estimates And Raised 2021 Forecasts

By IAM Newswire

Today, 4:44 PM

Maybe casual Fridays are dominated by jeans and other denim products, but last Thursday was Levi Strauss & Co's day (NYSE: LEVI). Both sales and earnings for the fiscal second quarter topped the analysts' forecasts, as the demand for famous denim products is on the rise in China and the U.S.

ANF

8 minute read

Vaccine Stocks Climb After Moderna Added To S&P 500, With BioNTech Also Up

By JJ Kinahan

Today, 4:44 PM

The first week of earnings season wraps up with major indices closely tracking the bond market in Wall Street’s version of “follow the leader.” Earnings absolutely matter, but right now the Fed’s policies are maybe a bigger influence. In the short-term the Fed is still the girl everyone wants to dance with.

AAL

2 minute read

Ayr Wellness Cannabis Co. Gets Green Light To Sell At Two Boston Dispensaries, Triples Grow Capacity In Massachusetts

By Jelena Martinovic

Today, 4:44 PM

Vertically integrated cannabis company Ayr Wellness Inc. (CSE: AYR) (OTCQX: AYRWF) confirmed that its local partner Sira Naturals can now sell recreational cannabis at its Somerville and Watertown locations in Greater Boston.

AYRWF

2 minute read

Tesla Model S, Model X Long Range Price Increases Reach China After US Hikes

By Rachit Vats

Today, 4:44 PM

Tesla Inc (NASDAQ: TSLA) has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States.

TSLA

2 minute read

Ford Mulls Shipping Vehicles Without Chips To Dealers To Keep Plants Running: Report

By Rachit Vats

Today, 4:44 PM

Ford Motor Co (NYSE: F) is exploring shipping vehicles sans chips to dealers as it looks to mitigate the inventory pileup of unfinished vehicles and keep the manufacturing plants running, Automotive News rep

2 minute read

Elon Musk Says It’s Possible Cybertruck Will ‘Flop’ Because It’s ‘So Unlike Anything Else’

By Madhukumar Warrier

Today, 4:44 PM

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk admitted Thursday his company’s forthcoming Cybertruck could “flop” because the vehicle was “so unlike anything else.”

TSLA