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5 days ago | 
news.bloombergtax.com | Redd Brown |Rachel Phua |Ignacio González
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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5 days ago | 
news.bloomberglaw.com | Redd Brown |Rachel Phua |Ignacio González
Broadcom Inc. results next week should underscore how hunger for artificial-intelligence computing remains ravenous despite US trade policy morass. The semiconductor maker is expected to post a record $4.4 billion in AI business sales for the quarter, reinforcing the upbeat industry view offered by peer Nvidia Corp. this week. Companies as disparate as The Campbell’s Co. and Lululemon Athletica Inc.
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1 week ago | 
news.bloombergtax.com | Redd Brown
Discount retailer Ross Stores Inc. fell after pulling its full-year profit outlook due to heightened uncertainty caused by tariffs. “There are simply too many unknown variables that are limiting our visibility into the second half of the fiscal year,” Chief Executive Officer James Conroy said on a call with analysts Thursday. More than half of the chain’s inventory originates in China.
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1 week ago | 
bloomberg.com | Redd Brown
A Ross store in Miami, Florida. (Bloomberg) -- Discount retailer Ross Stores Inc. fell after pulling its full-year profit outlook due to heightened uncertainty caused by tariffs. “There are simply too many unknown variables that are limiting our visibility into the second half of the fiscal year,” Chief Executive Officer James Conroy said on a call with analysts Thursday. More than half of the chain’s inventory originates in China.
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1 week ago | 
hk.news.yahoo.com | Redd Brown
【彭博】-- 在消費需求疲軟與關稅帶來的成本上升雙重壓力下，美國衛生紙和牙膏生產商正在積極尋求不通過提價或降價來增加收入的途徑。 美國六家最大的日用品生產商內生銷售額（即現有業務產生的收入）平均下降0.8%，這是三年半以來首次出現下滑，提價未能抵消消費超預期下降的影響。 在以往的經濟低迷期中，企業要麼通過降價刺激消費，要麼通過提價彌補銷量下滑。如今別無他法，該行業正轉向創新，讓消費者更願意接受更高的成本。 「我們必須繼續投資於創新和卓越，並在中短期內增加對這些領域的投資，」寶潔公司財務長Andre Schulten在公司最新財報電話會議上表示。「我們正在推進的創新將不得不包含一定程度的定價調整。」 他們並非孤例。據彭博匯總的數據，今年迄今消費品行業領軍企業在財報電話會議上提及創新的頻率較去年同期增加了一倍多。 其中部分創新措施將包括更符合預算緊張消費者需求的全新包裝規格。這可能意味著推出小包裝以降低消費者初始購買成本，或擴大組合裝以減少單件成本。 「我們觀察到消費者也在以不同方式追求性價比，」高樂氏公司執行長Linda...
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1 week ago | 
bloomberg.com | Redd Brown
US makers of toilet paper and toothpaste, squeezed between weak consumer demand and higher costs from tariffs, are searching for ways to increase revenue that don’t involve raising or cutting prices. Organic sales — a measure of revenue generated from existing operations — fell 0.8% on average for six of the largest household good makers in the US, the first drop in three and a half years as higher pricing was unable to offset a bigger than expected drop in consumption.
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2 weeks ago | 
bloomberg.com | Caleb Mutua |Redd Brown
The Royal Caribbean Wonder of the Seas cruise ship docked in Nassau, Bahamas. (Bloomberg) -- Royal Caribbean Cruises Ltd. regained its investment-grade status on Monday, as Moody’s Ratings matched the upgrade that S&P Global Ratings made three months ago. Moody’s raised the cruise operator a notch to Baa3 and kept its outlook at positive, meaning further upgrade is possible “if the company sustains its strong operating performance and Ebitda margin while growing the fleet,” it said in a statement.
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2 weeks ago | 
news.bloombergtax.com | Rachel Phua |Redd Brown |Ignacio González
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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2 weeks ago | 
news.bloomberglaw.com | Rachel Phua |Redd Brown |Ignacio González
Target Corp. and The Home Depot Inc.are among the retailers set to report shrinking same-store sales as tariff-fueled economic anxiety fans a consumer pullback. The week will also see Lowe’s Cos Inc. and TJX Companies Inc., operator of discount chains TJ Maxx and Marshalls, post weaker earnings. Even so, the retailers are likely to point to the US-China trade war trucereached this month as offering some reprieve from supply chain disruptions and rising sourcing costs.
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2 weeks ago | 
news.bloombergtax.com | Ed Ludlow |Redd Brown
CoreWeave Inc. has secured a deal worth as much as $4 billion to provide additional cloud computing capacity to artificial intelligence leader OpenAI, expanding a tie-up between the two firms. The data center builder said in a filing Thursday that OpenAI will pay the sum through 2029. CoreWeave had disclosed a $4 billion deal on its earnings call late Wednesday but did not name the party, beyond describing it as an enterprise AI company.
