Financial Performance
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News
Amazon Prime day gives lift to U.S. retail sales in October, but more pandemic pain awaits
A delivery worker for Amazon Prime bringing packages to customers. Online sales have soared during the pandemic. chris delmas/Agence France-Presse/Getty…
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Here’s how bad commercial real-estate pain could get for banks, other lenders
Low rates and rosy assumptions about how much rent properties might collect helped fuel the record $5 trillion debt boom…
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Airbnb aims at $1 billion in first IPO filing, which shows ravaging effects of pandemic
Airbnb Inc. submitted its IPO filing Monday, becoming the latest big name to join the push to go public despite…
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SmileDirectClub narrows Q3 loss, sees ‘broader acceptance’ of teledentistry
SmileDirectClub Inc. shares rose 2% in the extended session Monday after the teledentistry company reported a narrower-than-expected quarterly loss and…
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Airline stocks surge on a double dose of upbeat COVID vaccine news and a bullish chart pattern
Airline stocks enjoyed a broad rally Monday, as investors got a double dose of upbeat news, one on the COVID-19…
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Home Depot to acquire HD Supply Holdings in an $8 billion deal
Home Depot has seen its stock surge as consumer spend on their homes during COVID-19 AFP via Getty Images Home…
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Zoom, Peloton, Netflix stocks among stay-home names declining after upbeat Moderna vaccine announcement
Peloton has benefitted from stay-at-home trends, but its shares are falling in premarket trading Monday upon the latest piece of…
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Farfetch says luxury shopping has permanently moved online, shares jump
Farfetch Ltd. FTCH, +5.69% says luxury shopping has gone digital and it’s not going back to its traditional brick-and-mortar ways…
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Simon Property gives up on four struggling malls. Why more could follow
Christmas decorations at The Grove outdoor shopping center in Los Angeles. AFP/Getty Images It was called “jingle mail” during the…
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Walmart earnings preview: As many as 19 million households may already be Walmart+ members
Walmart Inc.’s WMT, +1.55% membership program Walmart+ may have already signed up 19 million households, according to data from BMO…
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