e-commerce

2 months ago

PDD Holdings Faces 47% Profit Drop Amid Tariff Pressures

Chinese e-commerce giant PDD Holdings (PDD.O) reported a sharp 47% drop in first-quarter net profit, falling to 14.74 billion yuan ($2.05 billion) as it struggled with intense local competition and global trade

fedex-shares-plunge-11%-amid-economic-uncertainty

Investing

4 months ago

FedEx Shares Plunge 11% Amid Economic Uncertainty

Tariffs and Industrial Slowdown Weigh on Outlook FedEx (FDX.N) shares fell 11% on Friday after the company slashed its annual forecasts, raising concerns about the health of U.S. manufacturing. The decline follows

walmart-faces-tariff-pressures-despite-q1-revenue-growth

Business

3 months ago

Walmart Faces Tariff Pressures Despite Q1 Revenue Growth

Walmart (WMT) reported mixed results for its first-quarter earnings, navigating the challenges posed by President Trump’s tariffs. While the retailer saw a 2.5% increase in revenue to $165.6 billion, it fell short

Shopify Stands Out in Canada’s Lagging Tech Sector

Strong AI strategy drives investor confidence Shopify is outperforming Canadian tech peers in 2025, thanks to its aggressive push into artificial intelligence and expanding merchant solutions. While Canada’s broader tech sector has

1 week ago

Investing

Costco Exceeds Expectations Despite Tariff Concerns

Costco reported impressive fiscal third-quarter results on Thursday, surpassing Wall Street’s expectations with an 8% rise in sales. The warehouse club retailer posted earnings per share of $4.28, beating the expected $4.24,

2 months ago

Business

Rising Tariffs Hit U.S. Shoppers on Temu and Shein

Consumers are feeling the pinch as U.S. tariffs imposed by President Donald Trump on Chinese goods are pushing up prices on popular e-commerce platforms like Temu and Shein. Rena Scott, a retired

3 months ago

Business

October Brings Growth Stock Opportunities: Amazon and Nvidia Shine

As the fall season sets in, investors might find themselves cautious due to the so-called “October effect,” a term often associated with market crashes like Black Monday in 1987. Despite this reputation,

10 months ago

Markets