Consumer

Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1

The first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08...

Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost

Summary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the...

Kraft Heinz: A Rising Warren Buffet Stock

Summary The stock outperformed its competitors like Mondelēz International, Inc. (NASDAQ: MDLZ), and PepsiCo, Inc. (NASDAQ: PEP) this year. Kraft...

DoorDash Stock Jumps Over 20% After Strong Earnings Report

The stock of American food delivery service DoorDash Inc. (NYSE: DASH) surged more than 23% to US$142.265 at 2:29 pm ET on Friday, May 14, a day after...

Kellogg & AB InBev: Will These Two Stocks Rise On Consumer Comeback?

Summary Kellogg’s revenues rose 5.1% to US$3.58 billion in the first quarter of 2021, compared to US$3.41 billion in the year-ago period. Ke...

Upbeat Forecast Boosts Under Armour, Caesars Shares; Peloton Dips Af...

Shares of Under Armour, Inc. (NYSE: UAA) and Caesars Entertainment, Inc. (NASDAQ: CZR) rallied on Wednesday’s trading as both the companies show...

Coursera, Chegg, & Houghton: 3 Education Stocks To Explore

Summary Coursera’s Q1 revenues jumped 64% to US$88.4 million, compared to the same period a year ago. Chegg’s net revenues were up 51%...

3 Alcohol Stocks To Explore On Wall Street

Summary Shares of Oregon-based Willamette Valley Vineyards rallied to a 52-week high on Wednesday. Boston Beer saw its share price rise 23 percent...

P&G to Hike Prices Over Rising Commodity Cost; Posts Robust Q3’21 Re...

Summary Prices will increase for P&G’s products in its baby care, feminine care and adult incontinence categories. The consumer products...

Altria, British American Tobacco Stocks Tumble as FDA Reportedly Loo...

Summary The U.S. Food and Drug Administration is reportedly considering to cut nicotine level in cigarettes. Altria’s share dropped around 1...

PepsiCo’s Q1’21 Revenue Up 6.8%, Reiterates 2021 Guidance

Source: Kowit Lanchu, Shutterstock Summary Organic revenue during the first quarter grew 2.4 percent year over year. Net income rose to US$1.71...

Amazon Wins Key Vote Against Drive For Alabama Warehouse Union

Source:Tada Images, Shutterstock Summary Of the total votes, 1,798 were against unionizing while 738 were in favor. This verdict successfully th...

Taking Cue From Uber, Lyft, Grab Eyes US Listing Via SPAC Deal

Source:ANDRANIK HAKOBYAN, Shutterstock Summary Singaporean ride-hailing company to announce a SPAC merger for US listing. The deal could value...

Prosus To Reduce Stake In Tencent To 28.9%

Source:Pla2na, Shutterstock Summary Prosus plans to cut its stake in Tencent to 28.9 percent from 30.9 percent by selling 191.9 million shares....

General Motors delivers stellar annual results amid pandemic gloom

Source:NuPenDekDee, Shutterstock Summary General Motors delivered a robust performance in 2020 despite the coronavirus pandemic challenges. The...

Pringles Chips Maker Kellogg Posts Net Income Of USD 208 million in...

Source:insta_photos, Shutterstock Summary Kellogg’s famous brands included Pringles chips, Cheez-It crackers, Special K cereal, Eggo waffl...

Alibaba Raises USD 5Billion in Largest Debt Sale in 2021

Source:Syda Productions, Shutterstock Summary Alibaba debt sale attracts USD 38 billion worth of orders from investors. Sales include bons of f...

Heavyweight US Auto Stocks to Watch: General Motors & Ford Motor Com...

Source:Mikel Dabbah, Shutterstock Although global automakers appeared to have struggled to keep up their sales due to the pandemic, industry giants,...