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2 mins read
3 retail stocks could see earnings plunge if Trump implements his proposed tariffs, UBS says
For some retailers, the risk of steep tariffs is "significant," UBS said. The bank flagged several …
Kelly Cloonan
5 mins read
Wayfair CEO tells employees the company is profitable once again but to expect long hours and 'blending work and life'
Wayfair's CEO wrote that it was "back to winning" but that employees shouldn't get lazy. Read his m…
Steven Tweedie
3 mins read
A growing number of companies are freezing or slowing hiring. Here are the firms making changes, from Meta to Wayfair.
Some of these companies went on massive hiring sprees before changing course.
Mary Meisenzahl
2 mins read
Wayfair surges 35% after announcing 90% jump in April sales as quarantined people buy furniture online
"We believe this period has certainly and permanently accelerated e-commerce adoption in our catego…
Matthew Fox
2 mins read
These 3 stocks have surged more than 1,000% since the COVID-19 pandemic low
For some companies, the impact of the COVID-19 pandemic has led to a surge in business and stock pr…
Matthew Fox
6 mins read
An all-time high for stocks could be a sign investors are getting ahead of themselves
In today's big story, we're looking at why a slew of good news for the stock market doesn't guarant…
Dan DeFrancesco
2 mins read
An investment adviser with historic ties to Warren Buffett likely scored a $900 million gain on Wayfair stock in less than 10 weeks
The manager of the Sequoia Fund, which was founded at Buffett's request in 1970, doubled down on th…
Theron Mohamed
1 min read
Wayfair crashes 31% as the online furniture retailer says it lost more than 5 million customers last year and posts wider quarterly loss
Wayfair, like other retailers, saw a boom in customers during the height of the pandemic. Now that …
Carla Mozée
2 mins read
Americans are expected to spend their third stimulus checks on clothes, home improvement, and dining out - and it could boost stores like Kohl's and Home Depot
The proposed stimulus package could send Americans on shopping sprees, and retailers, restaurants, …
Natasha Dailey
1 min read
Wayfair boosted its minimum wage to $15 an hour for all employees
Wayfair boosted wages for U.S. employees to at least $15 per hour after shares skyrocketed in 2020 …
Natasha Dailey
2 mins read
Dow plummets more than 1,100 points as investors digest the Fed's double-sized rate hike
Of the 351 companies on the S&P 500 that have already reported earnings, 78% of them are beating pr…
Matthew Fox
2 mins read
Prepare for a 'bumpy ride' ahead in tech stocks as e-commerce keeps getting pressured, says a venture investor who thinks you should own Amazon
"[We're] in the middle of a long deleveraging cycle that's going to continue to be painful," said i…
Carla Mozée
2 mins read
Dow craters 1,063 points for worst day in nearly 2 years as tech-stock weakness wipes out Fed rally
Thursday's decline represented the Dow's worst day since June 11, 2020, when the 30-member index pl…
Matthew Fox
2 mins read
Work-from-home darling Zoom just saw its stock tumble back to pre-COVID levels. Here are 6 other remote-era favorites that have seen valuations tank
Hypergrowth technology companies that had little-to-no profits but were seen as key to enable a wor…
Matthew Fox
2 mins read
E-commerce stocks sink after first-quarter earnings results from Shopify, Etsy, and eBay underwhelm investors
"While multiple macro cross-currents are filtering through the global economy, consumer health rema…
Matthew Fox
3 mins read
Ballooning US debt is a big worry, stocks may get squeezed, and Warren Buffett's Occidental bet is a master stroke, veteran investor Tom Russo says
Tom Russo told Insider an imminent recession or credit crunch is unlikely, and flagged disruption a…
Theron Mohamed
2 mins read
Wayfair sinks after posting a bigger-than-expected loss
"Our ongoing investments in building our logistics infrastructure, deepening our product offering, …
Rebecca Ungarino
2 mins read
Wayfair tanks after posting a bigger-than-expected loss
"We are taking a long-term approach to building our business and putting shoppers first by investin…
Ethel Jiang
2 mins read
Zoom tumbles 20% as Pfizer's vaccine success drags on work-from-home stocks
While encouraging vaccine trial data released by Pfizer lifted global stock indexes, firms that thr…
Ben Winck
2 mins read
These are the 25 stocks to bet against on a successful COVID-19 vaccine, according to JPMorgan
"This is a list of stocks that are in the upper echelon of Momentum and have crowded positioning," …