Walmart stock (WMT) continues to be a retail name to own in an uncertain economic environment, according to Goldman Sachs. In a note to clients, Goldman Sachs retail analyst Kate McShane reiterated a Buy rating on the stock, citing three main reasons: “1) strong top-line trends along with market share gains; 2) an improved inventory position, which should support margins due to reduced markdown pressure; and 3) the long-term algorithm (+4% top line and even better operating income growth)… Source link
Read More »Monthly Archives: November 2022
Google Play streamlines policies around kids’ apps as regulations tighten • TechCrunch
Google Play today announced a series of changes to its programs and policies around apps designed for children. The company is describing the update as an expansion of its previously launched “Teacher Approved” program, which includes a review process where teachers and experts vetted apps not just for safety and security elements, but for educational quality and other factors. The newly revamped policies will now impact how apps qualify for this program, which allows apps to gain… Source link
Read More »Google Play streamlines policies around kids’ apps as regulations tighten • TechCrunch
Google Play today announced a series of changes to its programs and policies around apps designed for children. The company is describing the update as an expansion of its previously launched “Teacher Approved” program, which includes a review process where teachers and experts vetted apps not just for safety and security elements, but for educational quality and other factors. The newly revamped policies will now impact how apps qualify for this program, which allows apps to gain… Source link
Read More »Amazon Prime will continue to focus on ‘exclusive experiences’ and savings, exec says
Amazon (AMZN) Prime is wrapping up a year that expanded its offerings, from entertainment like “The Lord of the Rings: The Rings of Power” and “Thursday Night Football” to offering partnerships with third-parties like mobile food delivery platform Grubhub. “We are going to continue investing in Prime benefits, offers, and exclusive experiences to ensure that members see disproportionate value and choose Amazon to fulfill their needs and wants,” Jamil Ghani, VP of Amazon Prime, told Yahoo… Source link
Read More »Musk’s short reign at Twitter has been chaotic. Don’t count him out.
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Nov. 16, 2022 Musk’s Time at Twitter has been a mess, but he could still turn it around Elon Musk’s takeover of Twitter spurred chaos from the get-go. From bungled mass layoffs, to the launch of a verification system that Twitter halted days after its release, Musk’s first weeks… Source link
Read More »Uber Health looking to expand food, medical delivery services
Uber Health (UBER), a subsidy of the popular ride-sharing app, has seen growing demand for services as it continues its foray into the $4 trillion health-care industry. Global Head of Uber Health Caitlin Donovan said there is especially growing interest in delivery services for specialized meals and medical devices. When it launched in 2018, it was primarily for patient ride services. “We’re thinking about how to choose the right partners to be able to do that at scale, because there is such a… Source link
Read More »Two players to acquire, two to deal
Special to Yahoo Sports Well, we made it to Week 11 and that means the fantasy trading season is winding down. I hope you were able to pull off some wins and set your teams up for success. We still have a little time left before the deadline — which is Saturday in most Yahoo leagues — so make sure to get those trade requests sent out. We had some major injuries in Week 10 and many teams are looking for replacements. The tight end position is even worse than it has been all season and… Source link
Read More »Putin calls for price controls as Russian car sales crash to record low
MOSCOW (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since records began. Auto sales have fallen over 60% so far this year, and may end up being less than a quarter of what they were a decade ago, according to Maxim Sokolov, head of Russia’s top carmaker Avtovaz. Some of this year’s drop is due to the pullout of foreign… Source link
Read More »Google hasn’t given up on personal health records
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Google is continuing to explore a consumer-facing health record, more than a year after first launching a user feedback program, according to Chief Health Officer Karen… Source link
Read More »Stock futures fall as retail sales beat, Target earnings miss
U.S. stock futures slumped Wednesday morning as Wall Street weighed an earnings warning from retail bellwether Target against government retail sales data that showed robust consumer spending ahead of the key holiday season. Futures tied to the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) hovered below the flatline, while contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.2%. The Commerce Department said Wednesday retail sales jumped 1.3% in October as… Source link
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