Consumer behavior will forever be changed by shelter-in-place

Consumer behavior will forever be changed by shelter-in-place

CNBC’s Jim Cramer on Thursday said the stay-at-home economy will be brief, but its effect on society will be eternal. “The shelter-in-place economy is temporary,” he said on “Mad Money.” “But, at the same time, I’m betting this period will have a lasting impact on consumer behavior.” The impact can be felt in the way […]
April sales were strong ‘across our entire portfolio’

April sales were strong ‘across our entire portfolio’

Target CEO Brian Cornell on Thursday broke down the big-box retailer’s quarterly performance through the height of the coronavirus pandemic. The company earlier that day reported beating estimates on the top and bottom lines for the fiscal first-quarter ended in...
Jim Cramer warns renewed U.S.-China trade tensions worry investors

Jim Cramer warns renewed U.S.-China trade tensions worry investors

CNBC’s Jim Cramer on Thursday said the stocks of companies with ties to the Chinese economy brought the market down as Wall Street cools off from recent gains. Global technology plays — the ones doing business in China — were among the biggest losers on a day...
E.l.f. Beauty (ELF) 4Q 2020 earnings boosted by online sales

E.l.f. Beauty (ELF) 4Q 2020 earnings boosted by online sales

elf makeup products Source: e.l.f. Shares of E.l.f. Beauty surged more than 5% in extended trading Thursday after the cosmetics company said sales rose 13% in the fourth quarter, helped by the strength of its online business.   The beauty industry has been hard hit as...