Retail Pharmacies Take Big Hit After Amazon's PillPack Deal

The day the retail giant announced plans to acquire the online pharmacy company PillPack, competing retail pharmacy companies took a significant blow. Eight companies, including CVS and Rite Aid, dropped $17.5 billion in market cap in just one day. For full interview, [click here](https://cheddar.com/videos/amazon-acquisition-of-pillpack-crushes-shares-of-walgreens-cvs-rite-aid).

More In Business

Small Stocks Are About to Take over? Wall Street Is Unconvinced...

Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.

Global Shares Tumble after Big Tech’s Wipeout on Wall Street

Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.

Domino's Q2: Strong Growth Amidst Inflation and Future Challenges

Domino’s Pizza reported a 7.1% revenue rise to $1.1B amid value meal competition and inflation. Q3 may slow, with caution on growth and consumer spending.

Alphabet Prospering on AI Search Injection

Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.

How Salesforce AI Is Revolutionizing Customer Service

Find out how Salesforce AI's customer service agent, Einstein, is changing the way you will get the answers you need. Watch!

Celebrating National Tequila Day With The Rock's Teremana Tequila

Teremana CEO Richard Black, gives us an inside look at how the spirits brand is expanding into the global market.

Warner Bros & TNT to Match Amazon Prime Video’s Offer to Air NBA Games

Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video to air NBA games.

401(k) Evolution: Record High Savings Through Automatic Enrollment

Vanguard's "How America Saves" report analyzes U.S. retirement trends, focusing on 401(k) plans, including automatic enrollment and contribution rates.

Market Soars Post-Trump Assassination Attempt

PLUS: How J.D. Vance's China stance could affect Hong Kong's financial role.

Olympics Ties Up with Roblox To Meet Young Fans Where They’re At

The Olympics’ ever-expanding quest to draw in young fans is meeting them where they are — on Roblox.

Load More