ICYMI

Last week's highlights...

Tuesday, May 31, 2022 by Snacks
  • Bullwhip: After years of supply woes, retailers like Walmart, Target, and Nordstrom now have too much inventory. Overflowing warehouses are bad for profits, but could mean inflation-cooling markdowns.
  • Comp: From Amazon to Coke, shareholders of America’s largest companies are showing unprecedented backlash to meaty exec pay, part of a broader movement seeking progress on environmental and social issues.
  • Ghost: Discovery ads aren’t worth as much as they used to be: Snap said it expected growth to slow as macro conditions “deteriorate.” Cue: investors ghosted Snap and other techies on ad-pocalypse fears.
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