Gene Munster, Managing Partner at Loup Ventures, discusses his prediction that Amazon will acquire Target in 2018 in an expansion of its brick and mortar business.
What does Target have that Amazon wants? He notes that Target appeals to the mothers and children that Amazon does not have a full grasp on yet. He also talks Amazon's desire to expand its retail footprint. We talk about some of the language around brick & mortar and the shift to retail. Munster adds that the future of retail is not strictly online - in 15 years, consumers will still want to make a grocery run.
Munster also discusses what will happen with Target locations if the buyout occurs. Will they all continue to be Target retailers or will Amazon use some of the spaces for warehouses, etc? The same question remains when it comes to Whole Foods locations.
YouTube will offer creators a way to rejoin the streaming platform if they were banned for violating COVID-19 and election misinformation policies that are no longer in effect.
Lukas Alpert of MarketWatch explores how networks, brands, and ad buyers absorb the shockwaves when late‑night show hosts are suddenly cut — and brought back.
A new poll finds U.S. adults are more likely than they were a year ago to think immigrants in the country legally benefit the economy. That comes as President Donald Trump's administration imposes new restrictions targeting legal pathways into the country. The Associated Press-NORC Center for Public Affairs Research survey finds Americans are more likely than they were in March 2024 to say it’s a “major benefit” that people who come to the U.S. legally contribute to the economy and help American companies get the expertise of skilled workers. At the same time, perceptions of illegal immigration haven’t shifted meaningfully. Americans still see fewer benefits from people who come to the U.S. illegally.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
