Currently, Kohl’s focus is mainly on women’s, men’s and children’s clothing with little presence in the home goods category that accounts for only a small part of its overall business. On the other hand, At Home has also been exploring a sale and is already in advanced negotiation stage with private equity firms like Hellman & Friedman.So, Kohl’s goal of acquiring At Home may not finally materialize and the latter may choose to sell to a buyout firm instead. Currently, At Home has a market capitalization of $1.3 billion.

Amazon.com Inc. taking a $575 million investment in Deliveroo, buying into the startup and pitting it directly against Uber Technologies Inc. the European food delivery industry. The London-based startup, which has raised $1.53 billion to date, will use the cash to expand its technology team and network and compete against Just Eat Plc and Uber. Amazon will be joined in the Series G funding round by existing backers T. Rowe Price, Fidelity Management and Research Co. and Greenoaks, Deliveroo said in an emailed statement. Deliveroo said the new funding will partly go towards new innovations in the food sector.

Oil climbed to $73 a barrel on Friday, mainly due to supply cuts and concern of further disruption to Middle East shipments as tensions rise. U.S.Meanwhile, rising tension in the Middle East this week has raised concern about additional supply disruption.  Brent crude was up 43 cents to $73.05 a barrel at 1101 GMT.

A senior official of China’s ruling Communist Party said the trade dispute with the U.S. could reduce China’s growth pace this year by as much as 1 percentage point, the South China Morning Post reported on Friday, citing an unnamed source.  

Sony Corporation SNE 0.04% and Microsoft Corp. MSFT 0.02% announced Thursday afternoon they will partner up on consumer entertainment platforms and artificial intelligence products.

Walmart (NYSE: WMT) is the world's biggest company by revenue and the largest private employer on the globe.When it talks, especially about the global economy, investors and other interested parties tend to take note of what's said. 

Amazon is leading a $575 million funding round for Deliveroo, taking the total the food delivery app has raised to date up to $1.53 billion.

Nvidia (NASDAQ: NVDA) +6.2% after Q1 beats with revenue down 31% Y/Y.In-line Q2 guidance has $2.5-2.6B in revenue (estimate: $2.53B) with 59.2-59.5% gross margin.

After initially withdrawing shares from the FAANG components - Facebook Inc (FB), Apple Inc (AAPL), Amazon.com Inc (AMZN), Netflix Inc (NFLX) and Alphabet Inc (GOOG, GOOGL) - it seems that some of the highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs again during the first quarter. According to regulatory filings released on Wednesday, prominent hedge fund managers including names like Tiger Global Management LLC have changed their minds on the FAANG stocks and are reinvesting. Tiger increased its Facebook stake by 64.5% to 8.8 million class A shares during the first quarter.It also boosted its stake in streaming company Netflix by 42.8% to 2.1 million shares.

The company may soon go public to strengthen long-term successes. However, preparations of floatation may take years before coming to fruition, so in the meantime the company must ensure that the UK chain receives adequate resources to realize its full potential. Meanwhile, the U.S retailer has instructed Asda to focus on improving its operations, including the implementation of £80 million of price cuts to take on rivals such as Aldi and Lidl.However, Asda itself is faced by greater challenges such as the threat of Amazon. Analysts believe that contemplations of IPO could mean that the U.S. retailer is struggling to find a plan B for its UK business, especially after its merger attempt with Sainsbury failed. But analysts also believe that these supermarkets need to sharpen their prices in the face of rapidly expanding low cost players like Aldi and Lidl.

Chinese tech giant Alibaba clocked an impressive fourth quarter, despite the ongoing US-Sino trade war, with revenue rising 51% to $13.9 billion beating estimate of $13.3 billion.The number of active customers reached 654 million, rising 18 million from the previous quarter and 102 million from the same period a year ago.  The main driver for this growth was e-commerce businesses made up of Taobao marketplace and Tmall.

Five U.S. states filed lawsuits accusing Purdue Pharma of illegally marketing and selling opioids, escalating the wave of litigation over a nationwide abuse epidemic. Iowa, Kansas, Maryland, West Virginia and Wisconsin joined 39 states to file lawsuits targeting Purdue Pharma and its leaders, including former president Richard Sackler and his family.  Officials accused Purdue Pharma of repeatedly making false and deceptive claims that opioids, including OxyContin, were safe for a wide range of patients seeking to reduce pain.  Purdue Pharma called the new lawsuits “misleading attacks.” “These complaints are part of a continuing effort to try these cases in the court of public opinion rather than the justice system,” the Stamford, Connecticut-based company said.

Pinterest Inc forecast 2019 revenue in-line with Wall Street estimates, disappointing investors who had expected more from the stock - sending its shares down 16 percent. The online scrapbook company’s shares have risen 62% from its initial public offering price of $19 last month. The company expects full-year revenue between $1.055 billion and $1.08 billion, the mid point of which is slightly above analysts’ estimate of $1.06 billion, driven by average revenue per user (ARPU) in the United States.  Net loss narrowed to $41.4 million in the quarter ended March 31 from $52.7 million a year earlier.Excluding certain items, the company lost 32 cents per share.

Oil prices edged higher on Friday, extending gains into a fourth session as rising tensions in the Middle East stoked fears of potential supply disruptions.

Farfetch shares lost more than -10% Thursday, after the online luxury fashion retailer reported wider-than-expected loss for the first-quarter.  The company incurred an adjusted loss of -22 cents per share, worse than analysts’ anticipated -14 cents per share loss. However, revenue of $174.1 million came in higher than analysts’ estimates of $171.1 million.The figure also marked a +39% climb year-over-year . CEO Jose Neves mentioned launch of the Augmented Retail pilot in Chanel's new Paris boutique, and the entry of Farfetch on JD.com's platform as significant developments for the company in recent times. Despite the lower-than-expected earnings performance of Farfetch in the latest quarter reported, several investment bank analysts did not budge from their outlook.

A post-earnings selloff for Apple (Nasdaq: AAPL) caused the stock to fall almost 15% from its high on May 1 to its low on May 13.The upward move in the last few days has lifted the oscillators and caused the stochastic readings to make a bullish crossover. The Tickeron AI Trend Prediction Engine generated a bullish signal for Apple on May 13 with a confidence level of 61%.

The investment management arm of Goldman Sachs scaled back its “overweight” exposure to emerging market assets Thursday, amid rising trade tensions between the U.S. and China.

As trade tensions with the U.S. intensified, China sold off its Treasury holdings at the fastest pace in about two years during March. The largest foreign owner of U.S. debt reduced the level by just shy of $20.5 billion, a slight decrease that brought the total holdings down to $1.12 trillion. 

Electronic Arts’ fourth-quarter revenue beat analysts’ estimates. The video game company reported revenue of $1.238 billion for the quarter, compared to analysts’ estimates of $1.201 billion (based on FactSet poll).Diluted earnings per share of the company came in at 69 cents. Looking ahead, the developer/publisher of games such as The Sims 4, Apex Legends and Battlefield V predicts that its fiscal 2020 revenue would be $5.375 billion, which is higher than FactSet's consensus $5.172 billion expectation.

Goldman Sachs has agreed to acquire wealth management firm United Capital Financial Partners. Through the $750 million cash deal, Goldman hopes to bolster its wealth management business.The deal will allow more investors to access “the intellectual capital and investment capabilities of Goldman Sachs”, according to Solomon. The acquisition could potentially catalyze Goldman’s reach beyond its ultra-high net worth client group, and towards the affluent end of the masses - something that spells a potential growth opportunity in the long run for the company.