The Global X Millennials Consumer ETF (NASDAQ: MILN) taps into $1.1–$1.9T in millennial spending power, offering diversified exposure to tech, retail, travel.
Starbucks shares rose premarket on Wednesday, despite a revenue miss and declining international sales, with promising signs in its U.S. market and a declared dividend.
Amid rising concerns about autonomous driving technologies, Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Uber with a bullish $90 price target. Highlighting Uber's lower growth-adjusted multiple compared to competitors, Nowak underscores the potential for significant upside, driven by robust multi-product strategies and expanding market opportunities, especially in the face of competitors like Lyft and Maplebear.
Uber (NYSE: UBER) faces a £250 million lawsuit by over 10,500 London black-cab drivers, accusing the company of unlawfully diverting business from traditional taxi operators.
Uber Technologies shares edge higher following its partnership with The Vitamin Shoppe and collaborations aimed at enhancing access to behavioral healthcare and expanding freight management in Europe.
Uber Freight aims to grow its European freight management to 2 billion euros by 2028 with a comprehensive digital platform, leveraging Uber's infrastructure and demand.
Investors seeking to capitalize on the Valentine’s Day splurge should invest in consumer discretionary and retail ETFs with the stock market at all-time highs.
Bank of America's Winter Spending survey reveals the resilience of younger generations in holiday spending despite tight budgets and adoption of 'Buy Now, Pay Later' services. Millennials and Gen Z least inclined to reduce spending, but deposit balances decreasing.
In the last decade, student debt has become one of the largest forms of consumer borrowing with about 44 million borrowers collectively owing approximately $1.7 trillion.
