France's Auchan on Friday raised its cost savings goal under its so-called Renaissance revival plan, which boosted 2020 profitability at its retail arm despite the COVID-19 pandemic.
Controversy in India over Amazon's political drama "Tandav" has put Bollywood and global video streaming giants on edge, prompting a closer scrutiny of scripts for possible offence to religious sentiments in a key growth market.
Indian online retailer Flipkart is considering going public in the U.S. by merging with a special purpose acquisition company (SPAC), according to a Bloomberg report.Walmart (NYSE: WMT), which owns more than three-quarters of the e-commerce company, said in a statement, "We have
When Roku (NASDAQ: ROKU) reported its fourth-quarter results, investors didn't expect any surprises, particularly since the company had preannounced the most important metrics in early February. That didn't stop Roku from reporting a couple of earnings shockers. Not only did it s
Inside sources told The Wall Street Journal Wednesday afternoon that the NFL and giant technology company Amazon (NASDAQ: AMZN) are in the process of working out a deal for exclusive game broadcasting on Prime Video. While the details are still being worked out, the new plans cou
Wall Street's main indexes were set for a muted open on Thursday as data showed a staggering recovery in the labor market, while investors were cautious ahead of remarks from Federal Reserve Chair Jerome Powell amid a recent rise in U.S. bond yields.
The online grocery market in India has taken off since last year's coronavirus-led lockdown. Consulting firm RedSeer estimates that online grocery sales jumped 60% in 2020 as consumers switched to the online channel during the strict lockdown. The good news is that many of those
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Etsy (NASDAQ: ETSY) just turned in its final quarterly report card for 2020, and it was a doozy. Sales on the online marketplace for handmade goods more than doubled again during the busy holiday shopping season, and management expects that momentum will continue during the first
One measure of a great dividend stock is the sustainability of its payout. When the percentage of a company's income paid out to shareholders as dividends gets too high for too long, it's a clear indicator of trouble. When the payout ratio tops 100%, the company is dipping into c
International Business Machines (NYSE: IBM) has redefined itself since Arvind Krishna became CEO in April. The company's moves to increase its cloud focus and spin off a key legacy business will probably make IBM a different tech stock over time. Hence, the degree to which IBM ca
U.S. stock index futures dropped on Thursday as investors looked to data that is likely to show an increase in weekly jobless claims ahead of remarks from Federal Reserve Chair Jerome Powell later in the day.
What I'm about to say might be upsetting to some of you, but it's the undeniable truth: A stock market crash or correction is coming.As investors, we're never going to know ahead of time precisely when a crash or correction will occur, how long it'll last, how steep the decline w
India's top court on Thursday said it favoured a screening mechanism for online video streaming services, dominated in the country by Amazon and Netflix and which currently are aired freely.
Walmart Inc-owned Indian e-commerce company Flipkart is looking at going public in the United States through a merger with a blank-check company, Bloomberg News reported on Thursday, citing people familiar with the matter.
Walmart Inc-owned Indian e-commerce company Flipkart is looking at going public in the United States through a merger with a blank-check company, Bloomberg News reported on Thursday, citing people familiar with the matter.
What happenedShares of Micro Focus International (NYSE: MFGP), an infrastructure software company, jumped on Wednesday. The tech stock rose as much as 14.9% and finished the trading day up 14.2%.
The National Football league (NFL) is close to a media rights deal with Amazon.com Inc's Prime Video service, which would allow the streaming platform to carry many games exclusively, the Wall Street Journal reported on Wednesday.
The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.