Too Many Sales? Consumers Care Less About Discounts This Black Friday
The Burnout Shoppers are tired of constant sales. AlixPartners surveyed over 9,000 U.S. consumers about their shopping preferences across 140 retailers and nine fashion sectors. The findings show a dramatic shift in consumer behavior. The importance people assign to price dropped 13% compared to last year. It fell across all sectors except luxury and beauty. […]
Eight Sleep Adds Offline Mode After Cloud Failure Left Beds Frozen
What Happened Monday's massive AWS outage didn't just take down websites. It trapped people in hot, uncomfortable beds. Eight Sleep's "Pod" smart mattress systems rely entirely on cloud connectivity. When Amazon's servers crashed, users lost control of their beds. Some woke up stuck at sweltering temperatures. One Reddit user said their bed "set itself to […]
Intuitive Surgical Stock Pops on Better-Than-Expected Earnings, Raised Guidance
The Earnings Beat Intuitive Surgical crushed expectations. The maker of robotic surgical systems posted adjusted earnings of $2.40 per share. Analysts expected $1.98. That's a $0.42 beat. Revenue jumped 23% to $2.51 billion, also topping estimates. The stock responded accordingly, surging more than 14% Wednesday. That's significant - it pushed shares back into positive territory […]
Beyond Meat's Meme Stock Moment: Up 600% While Business Crashes
The Surge Beyond Meat is having another meme stock moment. Shares have gained close to 600% in just three trading sessions. Wednesday morning, the stock was up another 90%. The company's ticker has been among the most active on Yahoo Finance. Retail traders are piling in. But here's the thing: The business is a disaster. […]
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