To receive the Vogue Business newsletter, sign up here. Ralph Lauren revenues rose 3 per cent in the second quarter of 2024 to $1.6 billion, the company said on Wednesday, beating analyst expectations. Shares were up 2.33 per cent on Wednesday morning in pre-market trading. “Our multiple engines of growth across categories and regions enable … Read more
Updated Nov. 8, 2023 3:43 pm ET Amazon.com is turning to Prime members to bolster its healthcare business, an industry where the company has sought to expand for years. The tech giant on Wednesday revealed plans to offer its millions of Amazon Prime subscribers a low-cost annual membership to One Medical, the primary-care business Amazon … Read more
Apple, Tesla, and the Rest of the Big 7 Stocks Have Been Winners … Barron’s Source link
When a cold or flu strikes, choosing among hundreds of products can be overwhelming. But to clear up a stuffy nose, doctors and pharmacists say consumers should choose medicine wisely. A key ingredient found in many over-the-counter medicines—oral phenylephrine—just doesn’t work, according to a finding last month by advisers to the Food and Drug Administration. … Read more
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more
America’s Food Giants Confront the Ozempic Era The Wall Street Journal Source link credite
Illustration by Lynne Carty/Barron’s staff; Dreamstime (4) Medicine is making big gains in the battle against cancer, enlisting the body’s own immune system to control or eliminate previously deadly tumors with a host… Source link credite
Online retail giant Amazon.com Inc.’s AMZN second-quarter results and third-quarter forecast sales last week were a bet that more consumers would start buying more things, but Wall Street’s expectations for the third quarter overall have only grown dimmer. With most of the 500 companies that make up the S&P 500 Index SPX already through the … Read more
Apple and Amazon’s earnings were a tale of two tech companies. Apple is stuck in a sales slump and investors are starting to get nervous. The company’s sales have now fallen for three consecutive quarters, and it expects another decline in the current quarter. Amazon, on the other hand, impressed with strong profits and better-than-expected … Read more
