Adobe Issues 2022 Holiday Trends & Insights Report, Estimates $5.14B Thanksgiving Sales And $8.9B Black Friday Sales
https://business.adobe.com/resources/holiday-shopping-report
Many Bed Bath & Beyond Shelves Empty For Holiday Shopping: Report
A recent study by DataWeave Inc. reveals that more than 40% of Bed Bath & Beyond's products were out of stock in October, which is close to twice the level in the first half of 2022.
US Stocks On Track For Lackluster Start On Data-Heavy Thursday — Retail Earnings, Cisco, Nvidia, Alibaba In Focus
The index futures point to a nervous start by Wall Street stocks on Thursday, as the inflation-induced euphoria fades and traders turn their focus back to the Fed and the rate outlook.
Earnings Scheduled For November 17, 2022
Companies Reporting Before The Bell
• Jumia Technologies (NYSE:JMIA) is expected to report quarterly loss at $0.76 per share on revenue of $57.32 million.
Carolina Panthers Owner David Tepper Shakes Up Portfolio: Sells 8 Stocks, Ups Google Stake
Carolina Panthers owner David Tepper, who also manages the hedge fund Appaloosa Management, decreased the number of stocks in his portfolio from 30 to 22 throughout the third quarter.
MannKind To Rally 57%? Here Are 5 Other Price Target Changes For Wednesday
SVB Leerink raised MannKind Corporation (NASDAQ:MNKD) price target from $5 to $6. . SVB Leerink analyst Thomas Smith…
Activist Macellum Calls on Kohl’s to Replace Board Members, Letter Says
-Wall Street Journal
https://www.wsj.com/articles/activist-investor-urges-kohls-to-replace-board-members-11665615601
10 Best Deals Available Now From Amazon, Target And More (And Just In Time for Prime Day Redux)
Supply-chain issues brought on by the COVID-19 pandemic were a dominating theme throughout the past few years as companies struggled to maintain inventory levels.
As supply chains ease, retailers are stuck with a surplus of goods. Many economists refer to this situation, going from a shortage of supply to a surplus very quickly, as the “bullwhip effect.”
12 Consumer Discretionary Stocks Moving In Tuesday’s After-Market Session
Gainers
Phoenix Motor (NASDAQ:PEV) shares increased by 5.8% to $1.81 during Tuesday's after-market session. The company's market cap stands at $35.5 million.