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Macy’s is confident about consumer spending
Macy’s (NYSE: M) is placing its bet with consumers and remains confident that they will continue shopping as interest rates are likely to continue declining. The department store reported that revenue during the third quarter rose to $4.7 billion, surpassing the analysts’ estimates of $4.55 billion. While consumer confidence has slumped in recent months, Macy’s […]
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Roblox could emerge as a game-changer
Roblox (NYSE: RBLX) stands out among video game companies, as players are fond of its platform since they can play games for free and find a wide variety of quirky and engaging games. The company has seen its popularity rise as it attracts millions of video game enthusiasts to spend several hours on its global […]
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Industrious investors might consider industrial stocks
Industrial stocks have lagged the overall market over the past few years, as investors focus their attention on technology, especially as the artificial intelligence revolution takes hold. The S&P 500 Industrials index has posted annualized total returns of 8.6% over the past year, 16.7% over the past three years and 13.7% over the past five […]
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Dominion Energy sets sights on powering data centers
Dominion Energy (NYSE: D) has one advantage that artificial intelligence companies lack – it has the ability to power data centers from various energy sources, including renewable energy. The company is focusing its efforts on providing the constant round-the-clock power that data centers need to operate, especially as more companies adopt AI to improve efficiencies […]
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Target’s not hitting the bullseye; Will that change?
Target’s (NYSE: TGT) aim has been off during the last four years. The retail heavyweight once known for its neat stores with moderate prices and designer styles is now known for messy stores with sparse shelves and uninspiring offerings. Target’s revenue has barely risen or dropped for 12 straight quarters. And it’s not just customers […]
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On’s higher prices attract customer loyalty
Unlike its competitors, Swiss brand On (NYSE: ONON) is not afraid of bucking conventional trends and creating its own strategy, which includes higher prices for its sneakers. Charging more money for its running shoes and sneakers has become more than a marketing technique for the company; it is now part of its brand. Unlike its […]
