Profits

Dollar Tree Faces Pressure on Profits from Inventory Loss

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  • Post last modified:August 24, 2023

Dollar Tree, the discount retailer (ticker: DLTR), has joined the list of retailers feeling the squeeze on profits due to inventory loss. In its second-quarter earnings report, Dollar Tree revealed…

iFlytek Shares Surge

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  • Post last modified:July 11, 2023

IFlytek, a Chinese tech company specializing in natural-language processing and artificial-intelligence technologies, saw its shares surge on Tuesday despite forecasting a steep drop in first-half profits. Investors chose to focus…