Weekly Wrap For The Week Ending May 19th, 2023

Weekly Wrap For The Week Ending May 19th, 2023

7 months ago1 min

Key takeaways from this week:

  • Walmart and Target managed to shake off the shadow that Home Depot's results put on the retail sector at the start of the week but there were clear signs customers continued shifting toward essentials and away from more profitable nice-to-haves
  • The Chinese economy's comeback is stalling somewhat prompting calls for more government stimulus to get things back on track
  • Gold mining giant Newmont struck a deal to buy its Australian rival Newcrest in a move that will strengthen its title as leader of the sector

And if you're gonna read one insight this week, make it this one looking at whether ChatGPT or Bard can better anlayze a stock.

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