Walmart has been hitting record highs ahead of its earnings release. It has a strong chance of beating estimates this quarter.
The retail sector is in focus ahead of the earnings releases from big retailers. Big-box retailers like Wal-Mart (WMT), Home Depot HD, Lowe's LOW and Target TGT, as well as store channels like Nordstr
Amazon (AMZN) reported robust second-quarter results, wherein it beat both earnings and revenue estimates. The e-commerce giant provided an upbeat revenue outlook for the ongoing quarter.
Retail sales in the United States gained 0.2% sequentially in June of 2023, below forecasts of a 0.5% increase.
Amazon (AMZN) had its "biggest-ever" Prime Day event this year. The 48-hour event brought in about $12.7 billion in online sales in the United States, up 6.1% year over year.
The U.S. home-building market exhibits a strong recovery of late, owing to the limited inventory and increased demand. This recovery should benefit some industries that are allied to the housing indus
Take a look into how US retail market is performing and how AI can help it surge in future. Leverage the power of ETFs to broaden your investment portfolio and capitalize on opportunities within the r

Why Is It the Time to Invest in Retail ETFs?

09:39am, Friday, 23'rd Jun 2023
Americans are gaining optimism, as evident from the University of Michigan's consumer sentiment data. The latest retail sales data, too, came in upbeat.
Retail sales in the United States saw a 0.3% sequential rise in May 2023. This comes after a 0.4% surge in April and outperforms market predictions of a 0.1% downturn.
Consumers are now opting for cheaper or lower-cost alternatives over premium or more expensive products, mainly due to high inflation and higher rates.
The overall Q4 earnings picture for the retail sector seems good, but guidance is disappointing, spreading pessimism in the sector.
Walmart surpassed both earnings and revenue estimates and raised its outlook for the full year.
Big-box retailers like Wal-Mart (WMT), Home Depot (HD), Lowe's (LOW) and Target (TGT), as well as store channels like Nordstrom (JWN) and Kohls (KSS) are expected to report this week and the next.
The annual inflation rate in the United States dropped to 4.9% in April 2023, the lowest since April 2021.

Amazon Gears Up for Q1 Earnings: ETFs in Focus

12:56pm, Thursday, 27'th Apr 2023
Amazon has gained about 25% so far this year and outperformed the industry???s average growth of 5.2%.
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