Walmart US online sales +22%. It credits “convenience” of ecommerce for its success in attracting higher income customers.
An alternative to a restructuring in bankruptcy court.
Companies, seeing Higher-for-Longer, take advantage of it to lock in historically narrow spreads and still low yields.
Consensual Hallucination wiped out investors, but Wall Street got the fees.
We have a special place in our heart for DoubleVerify because it blacklists WOLF STREET in the “brand safety” services it touts to advertisers.
Even during tax refund season! Exactly what Americans need. But it’s not helpful for big fleets, such as Hertz.
When the Oracle of Omaha gets dark-ish on stocks at these prices, he isn't taken seriously, suddenly. It's only when he hypes stocks that everyone jumps in behind him.
Americans need lower car prices. But not Hertz. “The residual decline ... was relative to both ICE vehicles and EVs”: Hertz
American Homes 4 Rent and Invitation Homes sold over 3,000 older single-family houses in 2023.
The Manhattan office tower Blackstone had bought for $605 million in 2014 and walked away from 2 years ago finally changed hands for $200 million, which paves the way for a complex new beginning.