Analyst revamps Amazon stock price target before October’s key event

Amazon’s  (AMZN)  October Prime Day will likely reflect the same shopping trends at Costco.  Costco recently noted that shoppers are resuming spending on non-food items as inflation eases, with non-food categories like beauty and home goods leading its comparable sales growth. This shift bodes well for Amazon, which is gearing up for its Prime Day … Read more

When it comes to case studies around expansion and wavering tourism demand, no city has served as a better example than Austin. When the Texas capital became a relocation hotspot during the covid-19 outbreak, airlines such as American Airlines  (AAL) , Virgin Atlantic, Spirit Airlines and Lufthansa all launched a spate of new flights to Austin — then canceled them when demand ebbed. … Read more

Last month, the Fed cut interest rates, which is a relief for prospective homeowners who have endured several years of rate hikes. However, since the Fed has indicated it will likely continue cutting rates this year and through the end of 2025, many buyers are left wondering when the best time to close on a house is. According to … Read more

When the longshoremen intend to close down the ports, anyone who has a cruise planned should be concerned.  While cruise ships leave from docks different from the ones used to unload freight, cruise ships are serviced and stocked by working members of the International Longshoremen’s Association. After extended attempts to reach a deal, the ILA for … Read more

Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Geopolitics moved to center stage on Tuesday, putting pressure on U.S. stocks. Investors are focusing on reports Iran is preparing to launch an attack against Israel. That development is overshadowing upbeat economic news. Job openings picked … Read more

After several shaky months in the restaurant industry, things are starting to look up for struggling businesses.  In the last two years, high inflation has prompted an increase in prices across almost every sector, leading people to become more conscious of their spending habits.  Don’t miss the move: Subscribe to TheStreet’s free daily newsletter Now, … Read more

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. There are so many different types of vacuums on the market these days that it can feel nearly impossible to make a decision. It helps to narrow down what you want, … Read more