COVID-19 drove retailers up the digital path years ahead than anticipated
Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how...
Analysis
Snowflake (SNOW) creates a record as the most successful software IPO ever; stock more than doubles
Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by...
Adobe (ADBE) sees new tailwinds as virtual shift gathers steam
The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital...
Has the COVID-19 pandemic led retailers to change their assortment and store fleet strategies?
The retail industry was impacted by the COVID-19 pandemic in various ways. On one side, many major retailers witnessed huge...
FedEx (FDX) delivers strong Q1 results on accelerating e-commerce trends
FedEx (NYSE: FDX) crushed the market’s earnings and revenue targets as the growth in e-commerce boosted the shipping volume in...
Oracle’s (ORCL) notable acquisitions in the last two decades
Reports say that Oracle (NYSE: ORCL) has moved closer to entering into a deal with the China-based video-sharing app TikTok,...
Kroger (KR) stock drops despite upbeat Q2 results and increased FY20 outlook
Shares of Kroger (NYSE: KR) ended down 1% on Friday after the supermarket chain reported better-than-expected second quarter 2020 results...
Crisis-driven demand adds fresh vigor to Oracle’s (ORCL) cloud push
With the pandemic forcing enterprises across the world to take the digital plunge, the demand for cloud services spiked in...
Chewy (CHWY) optimistic about capturing half of total forecasted online pet product sales in the US this year
Shares of Chewy Inc. (NYSE: CHWY) have jumped over 88% since the beginning of this year and over 13% in...
Peloton (PTON) swings to profit in Q4 on strong revenue growth; stock surges
Peloton Interactive (NASDAQ: PTON) reported strong fourth quarter 2020 results yesterday as the stay-at-home environment resulted in a 172% growth...
Tech world on alert after Ciena (CIEN) gives cautious outlook amid order woes
In what could be a wake-up call to the technology sector, which has been resilient to the COVID crisis so...
American Eagle Outfitters (AEO): Demand in unexpected categories drive strong growth in Aerie
Shares of American Eagle Outfitters, Inc. (NYSE: AEO) have gained over 15% in the past three months and over 12% in...
GameStop (GME) plunges as Q2 results fell short of targets
After reporting a lower-than-expected second quarter 2020 results yesterday, GameStop (NYSE: GME) stock declined in the extended hours of trading...
Slack (WORK) might need better strategies to beat the slump
While the technology sector is riding the wave of the COVID-driven digitalization spree, some players like Slack Technologies (NYSE: WORK)...
Lululemon Athletica (LULU): Increased move to active lifestyle sets up opportunity for growth and expansion
Lululemon Athletica (NASDAQ: LULU) has seen its shares gain 40% since the beginning of this year. The company’s second quarter...
Coupa Software (COUP) drops despite topping Q2 estimates; provides gloomy Q3 earnings outlook
Shares of Coupa Software (NASDAQ: COUP) declined about 5% yesterday during the extended trading hours and down about 3% in...
Broadcom (AVGO) looks to leverage software power, 5G adoption
The virus-driven uncertainty has had a mixed impact on Broadcom Inc. (NASDAQ: AVGO) so far this year. The tech company’s...
Macy’s (M) has an elaborate strategy planned out for the upcoming holiday season
Like many retailers, Macy’s Inc. (NYSE: M) was hurt by the COVID-19 pandemic that led to store closures and disruption...
Is AMC Entertainment (AMC) a buy after reopening of theatres?
COVID-19, the once-in-a-century global pandemic, has significantly impacted the financial performance of companies across multiple sectors with the movie theatre...
For DocuSign, sustained eSignature adoption is crucial to meet growth targets
Like most technology companies, DocuSign Inc. (NASDAQ: DOCU) is riding the wave of the COVID-driven spike in digital transformation across...
Cloudera (CLDR) stock plunges despite upbeat Q2 results and strong guidance
Technology sector stocks ended their recent bullish run yesterday with most of them ending in the negative territory. The shares...