Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30%
Some of the stocks that may grab investor focus today are:
Wall Street expects Kroger Co (NYSE: KR) to report quarterly earnings at $0.63 per share on revenue of $30.60 billion before the opening bell. Kroger shares rose 1% to $46.60 in after-hours trading.
These 15 stocks of retailers are expected to rise up to 97% over the next year
Amazon is one of five that also make the list of those retailers expected to increase sales the fastest. Analysts polled by FactSet expect shares of Vroom, which sells used cars directly to consumers, to rise 97% over the next 12 months.With so many challenges for traditional retailers, investors can be forgiven for giving up on the entire sector. But there is money to be made if you focus on innovative sellers and maybe even on traditional brick-and-mortar retailers that are cleaning up their a