By this point in the COVID-19 pandemic, Best Buy was supposed to be headed back to the days of Best Buy of old — reasonable levels of sales and earnings growth as people bought tech gear only when really needed or around a cool product launch. But that hasn’t happened, actually quite the contrary. With work life likely changed forever because of the pandemic — at the very least well into 2022 judging by pushed out return-to-office dates from the likes of Apple and others — Best Buy… Source link
Read More »COVID Delta variant hasn’t changed consumer behavior: Walmart CFO
Despite COVID-19 Delta variant fears beginning to weigh on consumer confidence and spending plans, the world’s largest retailer Walmart (WMT) says consumer behavior remains stable. “We are not seeing a major shift in consumer behaviors at this point,” Walmart CFO Brett Biggs told Yahoo Finance when asked about current consumer trends. Biggs said the drivers of consumer spending in recent quarters — a high savings rate and rebounding jobs market — remain intact and are helping to fuel… Source link
Read More »Delta variant ‘changed everything’ for America’s re-opening, doctor says
According to the CDC, “the United States is once again seeing a rise in COVID-19 cases, hospitalizations, and deaths.” CDC data shows that as of July 22, 35% of counties across the country are experiencing “high levels” of transmission. “COVID-19 cases are on the rise in nearly 90% of U.S. jurisdictions, and we are seeing outbreaks in parts of the country that have low vaccination coverage,” the CDC noted. National Institutes of Health head Dr. Anthony Fauci expressed frustration… Source link
Read More »Where have draft trends changed?
Last week I did a “second chance” NFBC draft, which has an overall prize. It was the first draft, so zero ADP data was available, making things extra wild. It was interesting to see the difference between drafters valuing what’s happened so far versus pre-season expectations. I went extremely pitcher-heavy early just as I did back in March. As expected, given how MLB has played so far in 2021 (and how pitching stats stabilize faster), others shared the same strategy. Here are the draft… Source link
Read More »Google Earth’s New Timelapse Feature Lets You See How Our Planet Has Changed In Four Decades
A timelapse look at the changing Aral Sea, Kazakhstan. The lake was once the world’s fourth largest … [+] body of inland water, but has been shrinking since the 1960s after the rivers that fed it were diverted by irrigation projects. Google Earth Google Earth newest Timelapse feature lets users look back from the current day all the way to 1984 and see how both human activity as natural forces have changed the face of Earth over the last 40 years, writes Rebecca Moore,… Source link
Read More »Many Americans changed viewing habits because of social justice messages
In the wake of last summer’s social justice protests, which consumed sports for much of the second half of 2020, nearly half of all Americans changed their sports viewing habits, according to a new YouGov / Yahoo News poll. As athletes and leagues embraced a new, progressive strategy aimed at amplifying messages of social justice and political advocacy, some Americans began watching more sports, but about three times as many watched less. Of those who watch sports on TV, about 11 percent… Source link
Read More »Trivago CEO says sentiment on regulating Google has changed
Trivago CFO Axel Hefer Source: Trivago LONDON — The chief executive of European travel booking firm Trivago believes attitudes toward the world’s biggest technology companies have changed. Axel Hefer, who has been at the helm of Trivago for almost five years, told CNBC’s “Squawk Box Europe” Wednesday that there has been a “change in sentiment” in Europe and across the world when it comes to tackling the power that firms like Google have. “There is an increasing understanding that you need to… Source link
Read More »Stock futures open little changed as stimulus talks roll on
TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link
Read More »Square bear has changed his tune on the stock thanks to Cash App and bitcoin
TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link
Read More »The world’s largest retailer believes shopping has changed forever: Morning Brief – Yahoo Finance
TipRanks Analysts Say These 3 Stocks Are Their Top Picks for 2021 The year is winding down, and it’s time for Wall Street’s analysts to start flagging their top picks for the coming year. It’s a time-honored tradition, in most walks of life, to take a sometimes tongue-in-cheek look at what lies ahead, and to start giving advice on the say-so of a metaphorical crystal ball.Analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a… Source link
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