Quick commerce investments in Flipkart, Myntra pressure Walmart International’s profit margins
Quick commerce investments into Flipkart and Myntra pressure Walmart International’s profit margins
Walmart’s aggressive bet on India’s booming quick commerce market is beginning to show up in its financials. The US retail giant, which owns Flipkart, Myntra and PhonePe, said its international gross profit rate took a hit in the June quarter,
Read MoreShareBuilder 401k Announces Special Savings on Safe Harbor 401 (k …
ShareBuilder 401k Announces Special Savings on Safe Harbor 401(k) Setup Ahead of October 1st Deadline
ShareBuilder 401k, a leading provider of affordable, all-ETF 401(k) plans for small businesses and medium-sized companies, today announced a special offer designed to assist businesses with employees establish their first 401(k) plan and meet the crucial Safe Harbor deadline.
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Read MoreThe Commodities Feed: Sanctions risk eases following Trump-Putin summit
It’s unsurprising to see oil trading lower this morning following the Trump-Putin summit in Alaska. While talks failed to secure a ceasefire, the tone and the absence of “severe consequences” for the lack of a truce, reduce, or at least delay, the risks of stricter sanctions. In fact, following the meeting, President Trump said he would hold off on secondary tariffs against China for its purchases of Russian oil,
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Read MoreNoah 'King Bob' Urban Sentenced to 10 Years for Cryptocurrency Scheme
Noah Urban, who refers to himself as “King Bob,” was sentenced to 10 years in prison on Wednesday after pleading guilty to wire fraud and aggravated identity theft charges stemming from his involvement in at least $800,000 in stolen cryptocurrency.
Urban also received three years of supervised release and agreed to pay $13 million in restitution to the 59 victims,
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Read More11 Most Profitable Tech Stocks to Invest in Now
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
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Read MoreThe Burst
Top Streaming Stock That Is Not Netflix
Netflix is famously the king of streaming but it has been attacked by a host of competitors, new and old alike. One top contender is Disney.
As early as 1940, the public was able to invest in Disney (NASDAQ: DIS). However, the stock was not listed on the New York Stock Exchange until 1952,
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Read MoreThe Ivy
Market Commentary: 53.4% of Money Manager’s Portfolio In Just 7 Stocks
Recently, I stumbled across a little-known New York investment manager, called Wall Street Access Asset Management. What intrigued me about their portfolio is that it holds about 25 positions, however 53.4% of the portfolio is concentrated in just the top 7 holdings.
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