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Zacks News
Here's Why Retail ETFs Are Good Picks Right Now
by Sanghamitra Saha
Transaction volumes on customers' credit and debit cards and over the Zelle payment network have grown by 20% so far this year compared to this point in 2019, per the Bank of America, indicating solid consumer demand.
5 Amazon ETFs to Tap on Record-Breaking Prime Day Sales
by Sweta Killa
Online sales surged 6.1% year over year to $11 billion in the 48-hour shopping event, topping the record $10.9 billion in e-commerce spending on Cyber Monday in 2020, according to Adobe.
Should You Invest in the VanEck Vectors Retail ETF (RTH)?
by Zacks Equity Research
Sector ETF report for RTH
ETFs to Buy on Strong 2021 Retail Sales Outlook
by Sweta Killa
The National Retail Federation boosted the retail sales forecast for this year, citing a quicker-than-expected recovery and eagerness to shop.
ETFs in Focus as Amazon Agrees to Buy MGM Studio
by Sweta Killa
Amazon has agreed to acquire Metro-Goldwyn-Mayer Studios, the home of James Bond and one of the most iconic movie studios in Hollywood, for $8.45 billion.
Retail ETFs in Focus Post Q1 Earnings
by Sweta Killa
Total earnings from 64.7% of the sector's total market capitalization reported so far are up 61.2% on 12.7% higher revenues, with 90.9% beating EPS estimates and 81.8% beating top-line estimates.
Walmart Smashes Q1 Earnings Estimates, Ups View: ETFs to Gain
by Sweta Killa
Walmart (WMT) reported blowout first-quarter 2022 results, wherein it outpaced both earnings and revenue estimates. The mega retailer raised its full-year outlook.
Retail ETFs in Focus Ahead of Big-Box Q1 Earnings
by Sweta Killa
With some earnings surprises in the cards, retail ETFs are expected to see smooth trading in the days ahead.
Should You Invest in the VanEck Vectors Retail ETF (RTH)?
by Zacks Equity Research
Sector ETF report for RTH
Amazon Posts Biggest Profit Ever With a Huge Beat: ETFs to Tap
by Sweta Killa
Amazon has reported its biggest profit ever, benefiting from the accelerated adoption of e-commerce driven by video streaming, remote working and online shopping.