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2023-07-19 12:30:00 ET Summary Retailers have a problem. Prices are no longer easy to jack up. Inflation shifted to services last year, where it still rages. Retail sales rose 0.2% in June from May, after the upwardly revised 0.5% jump in May from April, and 1.5% from a year ago, ...
2023-05-17 02:20:00 ET Summary Total retail sales, seasonally adjusted, rose 0.4% in April from March, and 1.6% from a year ago. Gasoline prices have plunged by over 12% from a year ago, even as the price ticked up in April from March. The food CPI dropped for the second month...
2023-05-08 21:08:36 ET Summary The dynamics of AWAY will depend entirely on the conditions of the tourist market. High demand from the U.S., backed by a strong dollar, will continue to benefit tourist destinations in the region and beyond. ETF returns will benefit from an incr...
Exchange traded funds tied to transport sector were mostly down during Friday's intraday session, weighed down by Lyft ( NASDAQ: LYFT ), which plunged after announcing a Q1 sales outlook that fell short of consensus. Lyft ( LYFT ) is owned by 87 different exchange traded funds and...
Summary AWAY is the first ETF to measure the performance of technology companies involved in providing services to the global travel and tourism industry. Holdings include companies that provide services such as bookings, price comparison, ride sharing and travel advice via mobile phone...
Summary We believe a growing middle class, hybrid work arrangements and technological advancements likely will keep the travel industry aloft. Data from the Brookings Institution suggests that, by 2030, the global middle class will have grown to 5 billion, up from 2.2 billion at t...
Summary Surging energy prices create uncertainty for EU food producers, although national energy support measures reduce the impact and shield production. Nonetheless, food producers need to reassess their energy strategies because mandatory cuts in energy use can't be ruled out t...
TIFIN and ETFMG announce expanded partnership to promote thematic ETFs to active investors and advisors on Magnifi PR Newswire ETFMG will sponsor four additional themes in TIFIN's Magnifi marketplace. This follows existing distribution partnerships between ETFMG, Bre...
MakeMyTrip Limited has shown impressive revenue growth and a strong cash position in the most recent quarter. However, earnings growth still remains negative. I take the view that the company must see a rebound in earnings growth to justify further upside. Investment T...
Most major economies are dealing with inflation highs not seen in decades. Market expectations of peak policy rates have declined since June, likely reflecting the significant slowdown in activity as well as recent commodity price declines. Tightening financial conditions as well ...
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Indian online travel company MakeMyTrip Limited (NASDAQ:MMYT) reported fiscal fourth-quarter 2024 adjusted revenue of $212.53 m...
CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces March income distributions for its ETFs. About Amplify ETFs Amplify ETFs, sponsored by Amplify Investments, has over $9.1 billion in assets across its suite of ETFs (as of 1/26/2024). Amplify ETFs deliver expanded ...