"Companies like FedEx (FDX) have cut their sales forecasts, which exacerbated the situation we had where ecommerce sales were decelerating and becoming less exciting but data still shows strength. I think a lot of this weakness is not necessarily attributed to disinterest in ecommerce, but a slowdown in retail sales—that shift to ecommerce still exists. Companies like Walmart (WMT) now have 11.9% in 2Q22 ecommerce sales vs. 5.4% in 2Q19," says Roxanna Islam.
07 Oct 2022
Market On Close
22 Dec 2022
Market On Close
06 Jan 2023
Trading 360
03 Jan 2023
Next Gen Investing
20 Dec 2022
Morning Trade Live
21 Dec 2022
Trading 360
19 Jan 2023