Dan Niles reveals how the Santori Fund is beating the market

This year’s bear market has left many investors in deep crisis, but Dan Niles says his Satori Fund is bucking the trend. Niles said the US-centric long-short equity fund is up this year, outperforming the S&P 500, which fell around 20% over the same period. He did not disclose the exact performance of the fund. … Read more

Walmart enters the metaverse with Roblox

Walmart is entering the metaverse with two preview experiences on Monday on the Roblox online gaming platform. The retail giant’s first foray into the virtual world will feature an airship releasing toys, a music festival with hit artists, loads of different games, and a virtual merchandise shop, or “verch,” which corresponds to that. that customers … Read more

What Kroger, Walmart, Target have learned from China about the future of grocery

With 140 years in business, Cincinnati-based Kroger accelerated its drive to digital retail during the pandemic and the grocery chain is not looking back. Kroger has adopted an omnichannel strategy, integrating offline or in-store sales with online ordering and logistics. It’s a concept that originated in China in 2016, when e-commerce giant Alibaba founder Jack … Read more

FedEx’s warning reflects both the global economy and internal shortcomings

A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market agitated to determine whether the problems reflect the company’s internal shortcomings or a broader economic diagnosis. CEO Raj Subramaniam … Read more

Apple, Coinbase, SoFi, Tesla, Netflix, Target

Here are the biggest inquiries on Wednesday on Wall Street: BTIG updates Nikola to buy from neutral BTIG said the electric vehicle truck company is well positioned to benefit from truck decarbonisation. “We upgrade NKLA to Buy because we believe NKLA is well positioned to benefit from the growing demand to decarbonise the Class 8 … Read more

Where Walmart, Amazon, Target are spending billions to slow the economy

A Walmart employee loads a robotic warehouse tool with an empty cart to fill with a customer’s online order at a Walmart micro-fulfillment center in Salem, Mass. On January 8, 2020. Boston Globe | Boston Globe | Getty Images When the economy slows, the classic response for consumer businesses is to cut back: slow hiring, … Read more

Amazon took solar roofs offline last year after fires and explosions

Amazon shut down solar power systems at all of its U.S. facilities in 2021 after a spate of fires and explosions, including one at its Fresno warehouse in 2020. Fresno Fire Department On the afternoon of April 14, 2020, dozens of firefighters arrived at an Amazon warehouse in Fresno, California as thick plumes of smoke … Read more

5 things to know before the stock market opens on Thursday 1st September

Cleveland Federal Reserve President and CEO Loretta Mester gives her speech at the 2014 Financial Stability Conference in Washington on December 5, 2014. Gary Cameron | Reuters Here is the most important news that investors need to start their trading day: 1. Stocks can’t shake off This is in regards to a fresh start in … Read more

Walmart invests in the ranchers’ business as buyers prefer premium beef

The assortment in Walmart’s beef department has reflected the changing preferences of consumers, as many of them opt for higher quality cuts of meat. Melissa Repko | CNBC As more and more grocery shoppers opt for higher quality meats, Walmart said Wednesday that it is investing in a company led by ranchers and beef producers … Read more

5 problems investors want to address

A pedestrian walks past a Bed Bath and Beyond store on November 04, 2021 in Larkspur, California. Justin Sullivan | Getty Images 1. A potential cash infusion A key part of the announcement will be clarity on how Bed Bath plans to replenish its coffers to pay suppliers, take care of other expenses and continue … Read more