Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022…
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Chinese Companies Work Around Trump to Keep Selling to Americans
Shein, Temu and their suppliers move to shift production out of China before potentially losing a U.S. duty-free…
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Cruise Lines Are Basking in Holiday Cheer
This ‘wave season’ is shaping up to be not only the strongest since the pandemic but also the best ever…
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Shares of Hoka Maker Get Tripped Up
Shares of Deckers Outdoor, the maker of Hoka sneakers and Ugg boots, fell sharply Wednesday following a cautious report from M…
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Cruises Are More Popular Than Ever—and Investors Are Late to the Party
This year’s ‘wave season’ will break revenue records for cruise lines, but investors are wary of massive debts the industry took…
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Peloton Rows for Broke
The stakes have never been higher for Peloton Interactive PTON; Chief Executive Barry McCarthy. He has to hope his efforts don’t go from good, to better to bust. An Oct. 6 Wall Street Journal article based on an interview with Mr. McCarthy suggested he was giving Peloton about six more months to prove itself as…
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Microsoft Will Need to Get ‘Call of Duty’ Back on Target
For all the obstacles Microsoft MSFT; still faces in its effort to acquire Activision Blizzard, getting the deal done might actually turn out to be the easy part.
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Zoom Has Some Tough Calls to Make
For those still inclined to think of Zoom Video Communications ZM; as a “pandemic stock,” consider that Covid-19 has well outlasted that status. Zoom shares hit their all-time high in mid-October of 2020, just weeks before news of the first vaccine breakthrough helped the world see an end to ceaseless video meetings and awkward happy…
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Stitch Fix Needs a ‘Make It Work’ Moment
Stitch Fix is about as polarizing to investors right now as low rise jeans are to consumers. The online styling company reported solid earnings Tuesday for the period ended Oct. 30, with revenue and adjusted earnings before interest, taxes, depreciation and amortization coming in above Wall Street’s estimates. But active clients of just 4.18 million…
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