In retail paradox, the fortunes of big box and luxury stores diverge from their clientele
The wealthy are thriving, but the stocks of the luxury stores that cater to them aren’t.
A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
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The wealthy are thriving, but the stocks of the luxury stores that cater to them aren’t.
The shares of ELF, Coty, and Inter Parfums continue to swiftly show gains across the market, while health and personal care lead latest retail numbers.
UnitedHealth–the country’s largest health insurer provider–is well-positioned to benefit from rising baby boomers signing up for federal-funded healthcare plans.
Falling lithium prices have sunk shares of major companies, but industry fundamentals are strong due to growing demand for electric car manufacturing
Stocks of prominent commercial airlines have experienced a decline in recent months owing to sluggish growth and rising fuel costs.
Draftkings, Caesars Entertainment and MGM Resorts International have been outperforming markets with sports betting expansion.
In the e-commerce sector, eBay is in the midst of a transformation, Wish is strategizing for growth and Etsy is contending with performance issues, attracting different levels of attention from investors and analysts.
Even though Covid-19 cases and hospitalization numbers are up, they won’t be a shot in the arm for either Moderna or Pfizer stock. Pfizer (NYSE:PFE) closed at $32.
Dollar stores are offering a different type of bargain these days: their stocks.
While the future towards green energy is paved by the way of electric vehicles and lithium batteries, the market for lithium producers is not faring well despite the surging global demand for lithium itself – a key ingredient for the global pivot to decarbonization – as stock values for several lithium producers have taken the
Crypto-mining stocks were buoyed over the summer by developments that seemed to suggest that the crypto sector would be legitimized, but those hopes have been slow to materialize.
Remote work has pummeled revenue for office landlords to historic lows over the past year and demand for office space has shown no signs of full recovery – leading to credit downgrades and widespread concerns about economic fallout.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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greg.david@journalism.cuny.edu