US retail sales rose in April: But plummeting consumer sentiment and declining spend from high-income households could constrain growth for the rest of the year.
Cancer patients, meet Dave: Belong.Life’s conversational AI tool is trained to support oncology patients. Marketers should get acquainted—there are more tools like it coming.
Atrium opens an apartment complex-based telehealth clinic: Marketers will pitch patients on the convenience of getting healthcare at your doorstep.
CVS leaves clinical trials to its retail rivals: We examine the company’s surprising decision to shut down its clinical trial business.
Regulators are diverging on Big Tech acquisition and opening opportunities for blockbuster mergers despite mounting antitrust concerns.
Total media ad spending in the US will pass the $350 billion mark this year, but growth is slow at just 3.8%, according to our forecast. “That is not great compared to almost anything in recent memory; however, there is a U-shape to this line,” our analyst Ethan Cramer-Flood said during our “US Digital Ad Spend Outlook” webinar. Connected TV and retail media will prove to be bright spots, but social media could be a challenge.
Netflix addresses criticisms, will cut $300 million in spending: Password sharing is getting delayed further as the company figures out a rollout.
NBCUniversal highlights Peacock at upfront: Media titan reflects the industry's digital tilt amidst picketing and leadership changes
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss how many Americans have a mobile wallet, which ones are most popular, and what's happening with retailers' branded wallets. Then for "Red-Hot Retail," our analysts give us four spicy predictions about the future of mobile wallets. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Jaime Toplin.
On Running’s sales soared 78% in Q1: The Swiss running shoe brand also increased its margins by 6.5 percentage points and is bullish on the year ahead.
Neobank Dave is successfully using AI-driven underwriting to bolster revenues in its quest for profitability.
Google’s Sidekick could kill the nascent prompt engineering field: By offering users prompt suggestions, the feature takes the role of a prompt engineer, threatening the latest tech industry job opportunity.
After a 31% sales plummet, will Apple’s M3 bring consumers back to Mac? Apple is likely testing M3 chips for Macs in anticipation of a surge in demand in 2024.
Meta strategically opening up WhatsApp’s chat payments functionality in Brazil and Singapore is the next step in creating a super app for over 2 billion global users.
Despite a tough few months, Stripe is willing to invest in crypto. Industry rivals may need to take note.
The Amazon of Latin America has a $3.6 billion plan: Mercado Libre will invest 19 billion reais in Brazil, in part to fund its fintech arm—which poses an enormous threat to the region’s banks.
Netflix moves its first-ever upfront presentation to streaming: The Writers Guild has said it will picket all advertising events at a time Netflix needs to make an impression.
Much is expected from whom much is given: A proposed FDIC special assessment fee on big US banks aims to replenish the deposit insurance fund. Banks with less than $5B in uninsured deposits will be spared.