Friday, July 29, 2022
Amazon sees resilient consumer demand as shares jump 13 percent
Amazon, like much of the retail industry, is facing a reckoning. Major rival Walmart Inc this week said it would make much less this year than it once expected. US consumer confidence has tumbled to a recent low, and some are sticking to lower-priced essentials to manage economic woes. https://ift.tt/zEo3MqK
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Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught in this week's selloff, as Samsung and SK Hynix tumble (Song Jung-a/Financial Times)
Song Jung-a / Financial Times : Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught i...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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