Walmart (WMT) Stock Price Forecast Ahead of Earnings
The Walmart (WMT) stock price is under pressure ahead of the company’s quarterly results scheduled for Tuesday this week. The stock is trading at $147, which is about 3.30% below…
Walmart Reports a 21.4% Jump in Income in Q2, Upgrades Guidance
(Walmart) Walmart Inc. announced a 21.4% increase in its operating income to $7.2 billion in the second quarter of 2022 from the second quarter of the last fiscal year, driven…
Walmart Seeks a Crypto Product Lead in Push Digital Currencies
(Walmart) Walmart is recruiting for the position of digital currency and cryptocurrency product lead in its drive to make inroads into blockchain technologies. The candidate for the position is expected…
Walmart Reports Fiscal Q4 2021 Results. Stock Slips after Sales and Earnings Warning
Walmart shares fell more than 5% in premarket after reporting record quarterly revenue of $152.1 billion, a 7.3% increase, according to the company's press release. The stock slip was fueled…
Walmart Sued By Justice Department over Alleged Role in Opioid Crisis
The U.S. Department of Justice on Tuesday sued Walmart Inc. on allegations that the retailer’s shortcomings led to a rise in the opioid crisis. The Justice Department claimed Walmart’s short-staffed…
Walmart Revenues Grew up 5.2% in the Third Quarter. U.S. E-Commerce Sales Rose 79%
Walmart’s revenue in Q3 was $134.7 billion, up to $6.7 billion or 5.2%, year over year, according to WMT earnings report. U.S. e-commerce sales rose 79% with strong results across…
The U.S. close to block TikTok and WeChat from Sep. 20th – Commerce Department
In response to President Trump's order, the Department of Commerce announced to put a ban on WeChat and TikTok transactions from 20th Sep. To prohibit and safeguard the national security…