The Latest Breaking News from Walmart

Parents are being exploited by unscrupulous individuals, often in online spaces

Walmart Inc (NYSE: WMT) shares tanked on Tuesday after the company’s quarterly earnings missed Street expectations by a wide margin, mainly due to rising fuel costs and higher inventory levels.

Shares of several companies in the retail, including Nike Inc (NYSE: NKE), are trading lower following weak retail earnings this week from Walmart and Target. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.

Jim Cramer bashed Walmart Inc (NYSE: WMT) over poor execution on Tuesday after he was left stunned by the compa

The Dow fell by more than 1,000 points as retailers' earnings reports reflected difficulty navigating higher prices and supply chain bottlenecks.

Target Corp., whose growth in the pandemic pushed its stock to record heights, on Wednesday became a symbol of inflation's toll on the American economy.

Walmart Inc's (NYSE:WMT) Indian payments unit PhonePe will acquire two wealth management firms for a total enterprise value of $75 million, Bloomberg reports. PhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million. The acquisitions will help broaden PhonePe's offerings in India's budding payments market, where Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL)…

Walmart, Inc (NYSE: WMT) stock was falling further Wednesday after plummeting over 11% on Tuesday following its first-quarter 2023 earnings print.

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