We aren’t very interested in waiting around for management to show us that they can turn things around. So we’re downgrading the stock to a 3 rating.
Source
Walmart’s lousy quarter has us looking to exit our position in the retailer
Business
Starbucks Workers United set to vote on strike authorization
Starbucks Workers United is kicking off a strike authorization vote Friday, as the union representing baristas makes a bid to secure a contract with the coffee giant. The union also said it is planning a wave of rallies and pickets across the country with its baristas and allies. Voting on authorizing a strike at unionized […]
Read More
Business
Walmart pauses H-1B visas for job candidates as Trump hikes fees
A Walmart store is shown in Oceanside, California, on May 15, 2025. Mike Blake | Reuters Walmart is pausing the hiring of job candidates who need H-1B visas to work in the U.S., according to a person familiar with the decision, an example of the ways the Trump administration’s immigration policies are shaping corporate strategy. […]
Read More
Business
NHL strikes first-ever deal with prediction markets Kalshi and Polymarket
The National Hockey League said Wednesday it’s reached a multi-year licensing agreement with prediction markets Kalshi and Polymarket. More sports leagues may be coming soon. Tarek Mansour, Kalsh’si co-founder and CEO, told CNBC’s “Squawk Box” the deal marked a “seminal moment” for prediction markets and the company. “A league like the NHL partnering with us […]
Read More