Sat.Jun 08, 2024

article thumbnail

Nvidia’s Stock Soars Tenfold Following 10-For-1 Split

RetailWire

Shares of Nvidia, the hottest stock on the S&P 500, surged tenfold on Friday following the company’s highly anticipated 10-for-1 stock split. Announced in May during Nvidia’s latest earnings call, the stock split went into effect after the market closed.

article thumbnail

GameStop meme lord Reveals Himself

RetailWire

In a dramatic return to the spotlight, Keith Gill, the famed "meme lord" behind the wild movements of GameStop stock, made his first public appearance in three years. Known online as "Roaring Kitty," Gill surprised fans and traders alike with a livestream on his YouTube channel, sparking renewed interest and volatility in GameStop shares.

Channel 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Samsung Electronics Workers Stage Historic Strike

RetailWire

In an unprecedented move, workers at Samsung Electronics went on strike for the first time ever. The one-day strike was organized by the National Samsung Electronics Union (NSEU), the largest of Samsung’s unions, and took place outside Samsung’s Seoul office building. The strike stems from a deadlock in negotiations over pay bonuses and time off. Most of the striking workers hail from Samsung’s chip division, underscoring the specific challenges the company faces in this intensifying AI sector.

article thumbnail

Houston’s Recent Storms Impact CenterPoint Customers

RetailWire

In the aftermath of last month’s severe storms, Houston is grappling with extensive damage and restoration efforts that could stretch over several months. CenterPoint Energy, the utility company at the heart of the recovery, is facing significant costs, which will inevitably be passed on to customers.

article thumbnail

Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

article thumbnail

H Mart Celebrates Grand Opening of First Utah Location

RetailWire

Utah has welcomed its very first H Mart, the renowned Korean American grocery store chain, known for its wide array of Asian and international products. This milestone marks the opening of H Mart’s newest location in West Jordan, situated at 1442 West 9000 South, the site of a former K-Mart.

52