Shares of Target fell Tuesday morning after the company said higher wages put pressure on profits during the holiday quarter. And Amazon shares are at a new record high, thanks to a new $2,000 price target from Monness Crespi.
Plus we speak with the SVP of global brands at Wyndham about the company's plans to spin off its vacation ownership business into a separate public company, as well as a new feature that gets you to unplug.
And Spotify and Dropbox have both filed to go public in recent weeks. We take a look at how the offerings may fare and what precedent they set for the IPO market this year.
Analysts at Baird reiterated their "outperform" rating on Apple stock, with a price target of $200. Kristen Scholer and Tim Stenovec walk you through setting a limit sell order on the TradeStation platform if you want to lock in gains if and when the stock hits that level.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
Seth Schachner, Managing Director at Strat Americas, on Hollywood's latest blockbusters utilizing content creation. Plus, the future of YouTube and TikTok.
