Previous close | 36.95 |
Open | 38.12 |
Bid | 38.35 |
Ask | 38.70 |
Strike | 130.00 |
Expiry date | 2025-06-20 |
Day's range | 38.12 - 38.30 |
Contract range | N/A |
Volume | |
Open interest | 2.23k |
The holiday shopping season is upon us. It's a crucial time for many retailers, with the term "Black Friday" referencing the point when retailers go from being "in the red" to being "in the black." Storch Advisors Gerald "Jerry" Storch, the former CEO of both Toys R Us and Hudson's Bay, expresses caution over the high numbers reported during Cyber Week sales, stating that the growth likely came at the expense of brick-and-mortar sales. Although BMO Capital Markets Managing Director Simeon Siegel agrees about being watchful over retail reports, he feels “optimistic” that the holiday shopping season is off to a good start. The biggest question Siegel raises is how the retailers are going to perform during the lull between Cyber Week and Christmas. When it comes to the winners in retail, Siegel says those who “predict their demand well are going to continue to win, and those that don’t are going to continue to lose.” Storch projects that Walmart (WMT), TJX Companies (TJX), Amazon (AMZN), and Costco (COST) will have a successful holiday shopping season. Siegel’s retail winners also include TJX Companies, as well as Ross Stores (ROST), Burlington (BURL), and Coach (owned by Tapestry (TPR)).For more from Yahoo Finance's Lead This Way series: Click here for more videos and tune in to Yahoo Finance every Thursday at 3 p.m. ET. To see the full Lead This Way episode: Abercrombie & Fitch CEO’s turnaround playbook: Lead This Way premiere, click here. You can read Brian Sozzi’s article: Abercrombie & Fitch CEO: a leadership masterclass on saving a retail icon, here. To learn more about how Abercrombie & Fitch CEO finds balance, click here.
(Reuters) -Amazon on Friday said it booked three Falcon 9 launches with Elon Musk's SpaceX to help deploy the ecommerce giant's Project Kuiper satellite network, tapping a rival in the satellite internet business for its multi-billion dollar launch campaign. Amazon aims to build Kuiper as a constellation of 3,236 satellites in low Earth orbit to beam broadband internet globally and compete with SpaceX's Starlink network, which already has some 5,000 satellites providing nearly global coverage.
Salesforce Inc (NYSE: CRM) reported stellar third quarter results, leading its shares to rise by about 10% to their highest level since last January. On November 27th, Salesforce also revealed it is significantly expanding its AI-focused partnership with no other than Amazon.com Inc (NASDAQ: AMZN) through which they will infuse new AI capabilities into their workflows. Salesforce’s Third Quarter Highlights For the quarter ended on October 31st, Salesforce reported revenue grew 11% YoY to $8.72 b