RetailWire

JUNE 8, 2024

Shares of Nvidia, the hottest stock on the S&P 500, surged tenfold on Friday following the company’s highly anticipated 10-for-1 stock split. Announced in May during Nvidia’s latest earnings call, the stock split went into effect after the market closed.

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RetailWire

JUNE 8, 2024

In a dramatic return to the spotlight, Keith Gill, the famed "meme lord" behind the wild movements of GameStop stock, made his first public appearance in three years. Known online as "Roaring Kitty," Gill surprised fans and traders alike with a livestream on his YouTube channel, sparking renewed interest and volatility in GameStop shares.

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RetailWire

JUNE 8, 2024

In an unprecedented move, workers at Samsung Electronics went on strike for the first time ever. The one-day strike was organized by the National Samsung Electronics Union (NSEU), the largest of Samsung’s unions, and took place outside Samsung’s Seoul office building. The strike stems from a deadlock in negotiations over pay bonuses and time off. Most of the striking workers hail from Samsung’s chip division, underscoring the specific challenges the company faces in this intensifying AI sector.

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RetailWire

JUNE 8, 2024

In the aftermath of last month’s severe storms, Houston is grappling with extensive damage and restoration efforts that could stretch over several months. CenterPoint Energy, the utility company at the heart of the recovery, is facing significant costs, which will inevitably be passed on to customers.

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Customer 52

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October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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RetailWire

JUNE 8, 2024

Utah has welcomed its very first H Mart, the renowned Korean American grocery store chain, known for its wide array of Asian and international products. This milestone marks the opening of H Mart’s newest location in West Jordan, situated at 1442 West 9000 South, the site of a former K-Mart.

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