Walmart Inc
Walmart, Palantir and inflation concerns: What investors think was behind Thursday’s sell-off
Thursday saw a broad sell-off across the three major stock market averages, just one day after the S & P 500 reached a new closing high, and strategists and investors analyzed what could have caused the move. Walmart led the Dow Jones Industrial Average lower, falling more than 6% after the nation’s largest retailer gave […]
Read More
Amazon surpasses Walmart in revenue for first time
Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center in New York City on Nov. 30, 2022. Michael M. Santiago | Getty Images Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it […]
Read More
Stocks making the biggest midday moves: Palantir, AppLovin, Shake Shack, Walmart and more
Check out the companies making headlines in midday trading: Palantir — The technology stock tumbled 11.9%, on track for its worst day since May . The stock is also on pace to see back-to-back losses of 10% or more for the first time ever. Shares took a hit after the disclosure of a new stock […]
Read More
Stocks making the biggest moves premarket: Walmart, Hasbro, Shake Shack, Wayfair and more
Check out the companies making headlines in premarket trading. Walmart — The retailer slid 8% after issuing weaker-than-expected guidance. For fiscal 2026, Walmart sees earnings per share ranging between $2.50 per share and $2.60 per share. The company also said it wouldn’t be “immune” to impacts from currently postponed tariffs on Mexico and Canada. Shake […]
Read More
Walmart will report earnings before the bell. Here’s what to expect
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart will report its latest quarterly earnings before the bell on Thursday, as investors try to parse whether softer retail sales in January were a blip or a bigger warning sign. As Walmart is […]
Read More
Walmart is getting a bump from a surprising cohort: Wealthier shoppers
Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024. Gabby Jones | Bloomberg | Getty Images Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter […]
Read More
As Target and other retailers drop DEI programs, Black founders could face tougher battle to get and stay on shelves
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the […]
Read More
Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Super Bowl Ad Olipop Poppi Soda Source: Olipop Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has helped fuel the growth of the prebiotic soda category, along with rival Poppi, which highlighted its drinks […]
Read More
Amazon scrubs DEI mention from its annual report
A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon has removed any references to diversity and inclusion from its most recent annual report. The company filed its report for 2024 on Friday following the release of […]
Read More
As the war on DEI intensifies, some companies hold the line while others work behind the scenes
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back […]
Read More