NexTech Closes “Game-Changing” Acquisition of Threedy.AI Giving the Company New Augmented Reality Technology to Employ in Global Shopping Sites
In a move the company is referring to as “transformative,” Nextech AR Solutions Corp.
As Amazon Readies For Prime Day, Rival Retailers Prepare Their Own Sales Events
Amazon.com, Inc. (NASDAQ: AMZN) is preparing for its sixth annual Prime Day sales event that offers Amazon Prime members big discounts across nearly all categories on the e-commerce site.
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.
The Latest Picks And Pans From Barron’s: AT&T, Bitcoin, Cisco Systems, Kohl’s And More
The cover story in this weekend's Barron's explains why betrayed investors may want to stay with a top telecom.
Other featured articles discuss bio oil's transition to renewable energy, what value hunters see today and the sustainable-investing landscape.
Benzinga’s Bulls And Bears Of The Week: Apple, Home Depot, Nio, ViacomCBS And More
Benzinga has examined the prospects for many investor favorite stocks over the past week.
The past week's bullish calls included a new Warren Buffett stake and a big-box retailer.
Disney And Chevron Lead The Dow Jones Higher Friday
The market was mixed Friday as stocks continue to rebound following weakness earlier in the week.
U.S. indices were trading lower earlier this week amid continued weakness in tech stocks as investors weigh the Fed's April minutes. Inflation and concerns of future rate hikes have also weighed on investor sentiment recently.
60 Biggest Movers From Yesterday
Gainers
Big Rock Partners Acquisition Corp. (NASDAQ: BRPA) shares jumped 88% to settle at $36.08 on Thursday.
Mid-Afternoon Market Update: Dow Jumps 230 Points; Kohl’s Shares Plummet
Toward the end of trading Thursday, the Dow traded up 0.69% to 34,129 while the NASDAQ rose 1.74% to 13,531.39. The S&P also rose, gaining 1.11% to 4,161.55.
Earnings Scheduled For May 20, 2021
Companies Reporting Before The Bell
• Meten EdtechX Education (NASDAQ:METX) is expected to report earnings for its first quarter.
Kohl’s Adds Tommy Hilfiger Line To Brand Portfolio
Kohl’s Corporation (NYSE: KSS) is bringing the Tommy Hilfiger men’s sportswear to more than 600 stores and its’ e-commerce site this fall.