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IBUY

Amplify Online Retail ETF

Industry

Asset Management

The fund will invest at least 80% of its net assets in global equity securities that comprise the index, which will primarily include common stocks and/or depositary receipts, such as ADRs and GDRs. The index seeks to measure the performance of global equity securities of publicly traded companies with significant revenue from the online retail business. The index methodology is designed to result in a portfolio that has the potential for capital appreciation.

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The Census Bureau's Advance Retail Sales Report for November showed a 0.7% increase in retail sales, surpassing the expected 0.6% growth. This indicates stronger consumer spending than anticipated.

Portfolio Pulse from

December 18, 2024 | 8:00 pm

Holiday spending is projected to increase by 2.5%-3.5% year over year, suggesting potential gains for certain ETFs. The article highlights ETFs that could benefit from this trend.

Portfolio Pulse from

December 09, 2024 | 5:15 pm

The article discusses the potential positive impact on ETFs due to strong sales during the Thanksgiving weekend, with Black Friday being a significant contributor to both in-store and online shopping.

Portfolio Pulse from

December 04, 2024 | 5:15 pm

Consumers spent a record $6.1 billion online during Thanksgiving Day, indicating strong retail trends as reported by CNBC's Courtney Reagan. This surge in online spending highlights the growing importance of e-commerce during the holiday shopping season.

Portfolio Pulse from

November 29, 2024 | 3:45 pm

The Census Bureau's Advance Retail Sales Report for October showed a 0.4% increase in retail sales, surpassing the expected 0.3% growth. This indicates stronger consumer spending than anticipated.

Portfolio Pulse from

November 15, 2024 | 10:15 pm

Needham analyst Ryan Macdonald initiated coverage on Hims & Hers Health Inc. (NYSE:HIMS) with a Buy rating and a $24 price target, citing growth potential in the weight loss market. HIMS is expected to benefit from its entry into the GLP-1 market and other growth drivers. The company reported strong earnings and revenue, exceeding analyst expectations.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 6:26 pm

Lyft (NASDAQ:LYFT) is expected to miss earnings and gross bookings estimates for Q2, facing challenges from consumer trends and market share. Analysts from KeyBanc and RBC Capital Markets forecast lower-than-expected EBITDA and gross bookings. Uber (NYSE:UBER) reported strong Q2 results, beating revenue and EPS expectations. ETFs tracking Lyft showed mixed performance.

Portfolio Pulse from Michael Juliano

August 06, 2024 | 5:14 pm

Consumer confidence declined in June, with the Consumer Confidence Index dropping from 101.3 in May to 100.4. The Present Situation Index improved slightly, but the Expectations Index fell, indicating concerns about future economic conditions. This has impacted stocks like Walmart, Amazon, and Home Depot, as well as retail ETFs.

Portfolio Pulse from Michael Juliano

June 25, 2024 | 5:22 pm

U.S. retail sales for May fell short of expectations, signaling a potential slowdown in economic growth. The U.S. Census Bureau reported a 0.1% increase from April to May, missing the 0.2% forecast. Major ETFs and retailers had mixed reactions, with some gaining slightly and others slipping. Economists expressed concerns about the implications for consumer spending and economic growth.

Portfolio Pulse from Michael Juliano

June 18, 2024 | 4:44 pm

Carvana Co (NYSE:CVNA) anticipates a surge in used car sales due to a potential oversupply of new vehicles. CEO Ernest Garcia III highlighted that increased car production by major automakers could benefit Carvana. The company reported a net income of $49 million, contrary to analysts' projections of a $116 million loss, and saw a growth in vehicle sales for the first time in six quarters. Despite a substantial debt exceeding $6 billion, Carvana reaffirmed its second-quarter guidance for sequential growth in EBITDA. CVNA stock has gained over 944% in the past year.

Portfolio Pulse from Shivani Kumaresan

May 15, 2024 | 2:58 pm

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