Category: Sales
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NFT weekly sales drop to $145m, Bitcoin leads in downturn
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Over the past seven days, the non-fungible token (NFT) market has seen sales reach $145 million, reflecting a decline of more than 9% from the previous week. This contraction continues the trend of declining sales over recent weeks, with four out of five blockchains by sales volume seeing a decline…
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Biden administration advancing over $1b arms sales to Israel
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Less than a week after halting the supply of 2,000-pound bombs and artillery shells to Israel, the administration of US President Joe Biden informed Congress yesterday of its intention to move forward with an arms and ammunition package for Israel worth more than a billion dollars. The Wall Street Journal…
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Swiss running shoe brand On, backed by Roger Federer, sprints ahead with $560m quarterly sales
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Swiss-based, New York-listed running shoe company On is on an upward trend. Its distinctive nozzle shoes have become a favorite of runners around the world, even though it has been around for fewer years than some of its peers. The timing couldn’t be better as more people did I turned…
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April home sales up 10% compared with year ago, but monthly sales slow
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Article content OTTAWA — The Canadian Real Estate Association says the number of home sales in April was up 10.1 per cent compared to last year, but it attributed the increase primarily to the early Easter long weekend. The increase came as the average price of a home sold last…
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New home sales in Israel up 21% in Q1
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According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024. Israel’s housing market has set back five years in terms of the number of new homes sold but at 40% higher prices, according to figures published by the Central Bureau of Statistics…
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Newsquawk Week Ahead: Highlights include US CPI, US Retail Sales, UK and Australian Jobs
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Next week May 13-17: He sat down: Chinese inflation (April) Monday: Eurogroup meeting, New Zealand inflation expectations (Q2) Tuesday: OPEC monthly report, German final CPI (April), UK jobs report (April/March), German ZEW survey (May), US PPI (April) married: People’s Bank of China (PBoC) Multilateral, Riksbank Minutes, IEA OMR, Australian Wage…
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Trainline Doubles Profit Amid Accelerating European Sales Despite Nationalisation Threat
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Trainline has reported a significant increase in its operating profits, with growth exceeding 100 per cent last year, driven by strong ticket sales, according to its latest annual results. The company revealed it had doubled its operating profits from £28m in 2023 to £56m in the 12 months leading up…
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Denmark’s Novo Nordisk expects 27% sales surge this year but faces price pressure for weight loss drug Wegovy amid Eli Lilly competition
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Novo Nordisk A/S raised its earnings forecast as the drugmaker now ships five times more introductory doses of the weight-loss drug Wegovy in the US than at the end of last year. More than 25,000 patients are now starting treatment each week in the United States, CEO Lars Frørgaard Jørgensen…
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Amazon’s Profits Surge in Q1 2024, Driven by AI and Advertising Sales
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Amazon continues its impressive streak of earnings reports, revealing elevated profits for the first quarter of 2024, supported by strong performance in artificial intelligence and ad sales. The e-commerce giant reported a remarkable total revenue of $143.3 billion in the first three months of the year, representing a 13% increase…
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Mulberry Faces Sales Decline Amidst Luxury Market Slowdown
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Mulberry, the British luxury brand known for its exquisite leather handbags, faced a 4% decline in annual sales, reflecting broader trends of lower spending among affluent consumers. Despite growth in international markets, particularly in the US, the company faces challenges in the UK and Asia, reflecting the prevailing decline in…
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Yum! Brands slides after reporting rare drop in same-store sales (NYSE:YUM)
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Thirty_Three/iStock Unreleased via Getty Images Yum! Trademarks (New York Stock Exchange: Yum) reported a 3% decline in same-store sales in the first quarter, well below consensus expectations for a 1.0% rise. The decline in same-store sales from Yum! (YUM) was first since 2020. OR Note that the fast food operator’s…
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GSK raises full-year profit forecast, says first-half will see stronger sales By Reuters
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