Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL)

Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple, not even Nvidia. Nope -- his research is pointing to a tiny, under-the-radar stock that's trading for just a few dollars right now... And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.

Shein faces scrutiny in Italy over possible greenwashing

HALELUYA HADERO
September 25, 2024

Italy's antitrust watchdog is investigating the online fast fashion giant Shein for potentially making misleading claims about its sustainability practices.

The country's independent competition authority said in a statement that the greenwashing probe would focus on Infinite Styles Serves Co. Limited, a Dublin-based company that does business as Shein and operates the online retailer's website and app.

Shein was founded in China but is now based in Singapore. It has had a meteoric rise in the world of retail, fueled by a business model that allows it to churn out apparel based on real-time demand and deliver it directly to customers from factories primarily located in China.

That has helped the company offer products for ultra-low prices and attract shoppers who can go on its website to buy $11 sweaters, $2 cellphone cases and other products from a quickly updated assortment of items.

But Shein's critics have long argued the company's practices encourage overconsumption and environmental waste, problems which the retailer has said it is working to combat.

However, Italian officials are accusing the company of misleading consumers with claims about the environmental sustainability of the clothing it sells. Environmental organizations have alleged such deceptive practices, known as greenwashing, occurs across the corporate world.

Italy's anti-trust authority, whose abbreviated name in Italian is AGCM, alleges that some of the environmental references on Shein's Italian website are deceptive or omit information. Images promoting Shein's clothing as sustainable are also done "through generic, vague, confused and /or misleading environmental assertions," the authority said in its statement.

In particular, the watchdog cited information from Shien's "evoluShein" collection, which it said may have misled consumers into thinking the clothes they bought from the collection could be recycled.

AGCM also alleged that the stated commitment to decarbonization featured on Shein's website were in "apparent contradiction" with the increases in greenhouse gas emissions that Shein included in its sustainability reports for 2022 and 2023.

The online retailer said it would cooperate with the Italian investigation.

"We would also like to take this opportunity to reaffirm our commitment to complying with the laws and regulations in the markets where we operate and to maintaining transparency with our customers," Shein said in a statement.

Shein has been facing challenges elsewhere in Europe. Critics and advocacy groups such as Amnesty International UK have opposed the company's possible listing on the London Stock Exchange due to labor and environmental concerns.

Continue Reading...

Popular

Top 3 Energy Stocks That Could Lead To Your Biggest Gains This Month

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Mother Sells Taylor Swift Tickets Over Star's Endorsement Of Kamala Harris: 'I'm Gonna Shake It Off, And I'm Done With You'

A mother has chosen to sell the Taylor Swift concert tickets she had bought as a birthday present for her daughter in response to the pop star's recent endorsement of Kamala Harris.

Buffett's Big A.I. Secret (Handle With Care) - Ad

A.I. is the talk of the town...But here's what they're NOT telling you. Former investment banking V.P. Ross Givens is letting the cat out of the bag. He's leaking a revolutionary new development, which changes everything. It will kick off A.I.'s massive second wave.

Red Lobster exits Chapter 11 bankruptcy protection

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Home Depot Agrees To $2M Settlement In Customer Overcharging Lawsuit

Home Depot has agreed to a settlement of almost $2 million to resolve allegations that it overcharged customers at checkout.

New Jersey hits pause on an offshore wind farm that can't find turbine blades

TRENTON, N.J. (AP) — New Jersey Wednesday on an offshore wind energy project that is having a hard time finding someone to manufacture blades for its turbines.

This Is How the AI Bull Market Ends - Ad

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

Israel has a long history of pulling off complex attacks like the exploding pagers

JERUSALEM (AP) — Hezbollah and the Lebanese government were quick to blame Israel for the nearly used by the militant group's members in an attack Tuesday that killed at least nine people and wounded nearly 3,000 others, according to officials.

Nate Silver's Forecast: Kamala Harris Retakes Lead Over Donald Trump

Famed data analyst Nate Silver's election forecast shows Kamala Harris with a better chance of winning the presidency than Donald Trump for the first time since August 28.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

Mark Zuckerberg Says He Is Done Apologizing, Reveals One Of The Biggest Mistakes Of His Career

Meta CEO Mark Zuckerberg says he has grown tired of taking on too much ownership of problems beyond his or his company's control.

Thousands of exploding devices in Lebanon trigger a nation that has been on edge for years

BEIRUT (AP) — Chris Knayzeh was in a town overlooking Lebanon's capital when he heard the rumbling aftershock of the blast. Hundreds of tons of haphazardly stored ammonium nitrates had exploded, killing and injuring thousands of people.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

One of Titan submersible owner's top officials to testify before the Coast Guard

One of the top officials with the company that owned the en route to the wreckage of the Titanic is scheduled to testify in front of the Coast Guard on Tuesday.

5 Stocks That Could Triple in a Week - Ad

What if I told you that I have a system that has detected when these tiny stocks are on the verge of exploding... And what if I told you my system has targeted 5 new stocks that could triple as early as next week? Pay just $5 for a full year of Stealth Trades before this deal disappears!

EPA data make it hard to know the extent of the contamination from last year's Ohio derailment

The way the Environmental Protection Agency has reported its test results since a and officials chemicals that spewed a toxic cloud over East Palestine, Ohio, makes it hard for residents to know the full extent of contamination and potential .

Judge dismisses lawsuit seeking to protect dolphins along the Mississippi Gulf Coast

GULFPORT, Miss. (AP) — A federal judge has dismissed that sought to protect dolphins along the Mississippi Gulf Coast after dozens were killed or sickened in 2019 following the prolonged opening of a spillway used for flood control.

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

Australian police infiltrate encrypted messaging app Ghost and arrest dozens

MELBOURNE, Australia (AP) — Australian police said Wednesday they have infiltrated , an encrypted global communications app developed for criminals, leading to dozens of arrests.

What's Going On With Trump Media & Technology Stock?

Trump Media & Technology Group shares are trading lower amid the expiration of a major lockup period that prevented large shareholders, including Donald Trump, from selling shares. Also, Trump has rejected a second debate with Vice President Kamala Harris.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Prepare for President Kamala - Ad

I won't be voting for her. Even so, I'm worried VP Kamala Harris could pull off a victory and become our next president. And it would be much worse than anything you might expect--especially when it comes to your money. Because likely WON'T get a second chance at recovering the money you stand to lose if she takes power.

Death toll rises to 32 after methane leak causes explosion at eastern Iran coal mine, state TV says

TEHRAN, Iran (AP) — A methane leak sparked an explosion at a coal mine in eastern , killing at least 32 people and injuring 17 others, Iranian state media reported Sunday. Another 18 miners are believed to be trapped inside.

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

10th death reported in Boar's Head deli meat listeria outbreak

A 10th person has died in the listeria outbreak that a Boar's Head deli meat plant, federal health officials said Wednesday.

Google complains about Microsoft cloud tactics to European Union antitrust watchdog

LONDON (AP) — Google escalated a feud with Microsoft over cloud computing on Wednesday with a European Union antitrust complaint accusing its tech rival of anticompetitive practices.

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

Meta unveils cheaper VR headset, AI updates and shows off prototype for holographic AR glasses

MENLO PARK, California (AP) — Meta unveiled updates to the company's virtual reality headset and Ray Ban smart glasses on Wednesday along with AI advances as it tries demonstrate its prowess and the next generation of computing platforms beyond smartphones and computers.

Why Are These Strange "Accidents" Happening All Over America? - Ad

Across America, strange "accidents" are happening in greater numbers than ever before. Jets are falling apart, chemicals are spilling, construction workers are being electrocuted -- and no one knows why. In his new exposé, American financial analyst Dan Ferris reveals the silent force behind this trend... why it's destroying this country from the inside... and where all signs suggest it's about to strike next: the U.S. stock market.

Court upholds finding that Montana clinic submitted false asbestos claims

BILLINGS, Mont. (AP) — A federal appeals court has upheld a lower court determination that a Montana health clinic on behalf of patients.

Don't Wait for FDA Approval - Ad

Biotech stocks are booming in 2024, but picking winners is tough--most drugs face a decade-long FDA approval process. However, a special FDA signal has led to stock spikes 97% of the time. Now, I believe one drug company is on the verge of getting this FDA signal.

Longshoremen at key US ports threatening to strike over automation and pay

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service