Walmart

Highly esteemed investor Peter Lynch, known for his extraordinary track record as a fund manager at Fidelity Investments, once revealed his “10 Commandments” for prosperous investing. What Happened: Lynch, who drove Fidelity’s Magellan Fund to an average annual yield of 29.2% from...

Walmart’s CFO, John David Rainey, recently said that if President-elect Donald Trump's proposed tariffs take effect, Walmart (NYSE:WMT) will need to raise prices on certain items. Speaking with CNBC, Rainey explained, "We never want to raise prices. Our model is everyday low prices. But there...

Target Corporation (NYSE:TGT) and Walmart Inc. (NYSE:WMT) released their September quarter results just a day apart. Target’s management highlighted that its customers were most active during sales and promotional events, while Walmart’s leadership attributed 75% of its market share...

Walmart Inc. (NYSE:WMT) shares ended 3% higher on Tuesday at $86.60 per share, as compared to an unchanged NYSE Composite Index. The retail giant reported third-quarter results, beating estimates, and raised its fiscal 2025 guidance. According to its earnings transcript, 75% of Walmart’s...

Investors faced a turbulent day in the stock market, reacting to a series of events that could potentially impact the values of stocks and sectors in the coming weeks. The S&P 500 and the Nasdaq indices were affected by geopolitical tensions in the Middle East, the aftermath of Hurricane Helene...

Tens of thousands of dockworkers have gone on strike, potentially affecting holiday shopping. The strike began after the International Longshoremen’s Association and the U.S. Maritime Alliance failed to agree on a new labor contract. What Happened: The strike has led to the closure of 36...

On Wednesday, the major U.S. indices closed positively, with the Dow Jones Industrial Average rising 0.6% to 40,008.39 and the S&P 500 gaining 0.4% to 5,455.21. The Nasdaq also inched up by 0.03% to 17,192.60. These are the top stocks that gained the attention of retail traders and investors...

Walmart Inc. (NYSE:WMT) is set to lay off hundreds of corporate employees and relocate others to its main corporate hubs. What Happened: Walmart, the largest employer in the U.S. with 1.6 million workers, is downsizing its corporate workforce and asking remote employees to move to its main...

In an interview with Stratechery on April 25, Walmart Inc. CEO Doug McMillon discussed the retail giant's evolution into an omnichannel retailer, achieving significant milestones such as surpassing $100 billion in global e-commerce sales. McMillon's journey, which started working in a warehouse at...

Store managers at retail giant Walmart Inc (NYSE:WMT) are soon to receive annual stock grants valued up to $20,000, a decision that could potentially push the highest earners’ total compensation above $525,000. What Happened: Walmart unveiled these stock grants after considerable...

Sen. Bernie Sanders (I-Vt.), along with a group of Democratic lawmakers, is reportedly spearheading a bill proposing an increase in taxes for companies that pay their CEOs 50 times more than their median worker. What Happened: The Tax Excessive CEO Pay Act has been introduced to mitigate corporate...

Now that the festive celebrations and holidays are over and we are in a brand new year, it's time to evaluate all the purchases and gifts you've received. It's quite likely that some items either don't fit you, or you might not need or like some of them. In such a scenario, you might want to know...

BlendJet Inc. is recalling approximately 4.8 million blenders sold at Costco Wholesale Corporation (NASDAQ:COST), Target Corp (NYSE:TGT), and Walmart Inc (NYSE:WMT) due to safety concerns. The products are prone to overheating, catching fire, and have been reported to break blades while in use. The...

Major U.S. indices were mixed on Thursday with the Dow Jones declining 0.13% to 34,945.47, while the tech-heavy Nasdaq rose 0.07% to 14,113.67. The S&P 500 was also in the green and rose 0.12% to 4,508.24. Transitioning from the general market overview, it’s important to highlight...

Major U.S. indices ended in the green on Thursday with the Dow Jones ending the day 0.47% higher at 34,991.21 and the S&P 500 up 0.16% at 4,502.88. The tech-heavy Nasdaq ended Thursday’s session higher by 0.07% at 14,103.84. Amidst this backdrop, certain stocks stood out, capturing the...