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Nasdaq jumps over 2%; Walmart earnings beat expectations – Walmart (NYSE:WMT)


Nasdaq jumps over 2%; Walmart earnings beat expectations – Walmart (NYSE:WMT)

US stocks rose in mid-market trading, with the Nasdaq Composite up more than 2 percent on Thursday. The Dow rose 1.25% to 40,509.36, while the NASDAQ rose 2.24% to 17,577.21. The S&P 500 also rose, gaining 1.51% to 5,537.70. Check this out: Wall Street’s most accurate analysts spotlight 3 commodity stocks with dividend yields above […]

Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore


Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

Shares of Hindustan Zinc fell on Friday on reports that the company’s parent company, Vedanta GmbHis looking to offload a major portion of its stake in the company through an offer for sale (OFS) at a discount. Hindustan Zinc is also reportedly planning to announce a large special dividend to its shareholders. What happened: Anil […]

Judge’s ruling: New York Mayor Adams at risk for illegal cannabis possession


Judge’s ruling: New York Mayor Adams at risk for illegal cannabis possession

A state judge has ordered the reopening of a New York City grocery store accused of illegally selling cannabis. The decision could have far-reaching implications for New York City’s efforts to enforce cannabis laws, the New York Times reported. justice Kevin J. Kerrigan ruled that city officials had unlawfully closed a Queens supermarket, arguing that […]

Ohio Cannabis Market Hits $11.5 Million in First Week of Recreational Goods – Verano Holdings (OTC:VRNOF), Ascend Wellness Holdings (OTC:AAWH)


Ohio Cannabis Market Hits .5 Million in First Week of Recreational Goods – Verano Holdings (OTC:VRNOF), Ascend Wellness Holdings (OTC:AAWH)

Ohio’s entry into the adult-use cannabis market has been nothing short of explosive. According to the Ohio Division of Cannabis Control (via Cannabis Business Times), dispensaries across the state generated over $11.5 million in sales during the first five days of sales, August 6-10. See also: Ohio’s adult-use cannabis market takes its first big step […]

Walmart’s fourth-quarter outlook clouded by consumer spending concerns: JP Morgan analyst – Walmart (NYSE:WMT)


Walmart’s fourth-quarter outlook clouded by consumer spending concerns: JP Morgan analyst – Walmart (NYSE:WMT)

Walmart Inc WMT Shares are trading higher on Thursday after the company reported strong second-quarter 2025 results and raised its full-year guidance. The retailer reported adjusted earnings per share of $0.67 (+9.8% y/y), beating the $0.64 forecast. Its revenue was $169.34 billion, beating the $168.57 billion forecast. Walmart expects third-quarter adjusted earnings per share of […]

“Cisco is probably a safe place to park money if you’re worried about a recession, but not a good place if you’re expecting rate cuts”: Analyst – Cisco Systems (NASDAQ:CSCO)


“Cisco is probably a safe place to park money if you’re worried about a recession, but not a good place if you’re expecting rate cuts”: Analyst – Cisco Systems (NASDAQ:CSCO)

Cisco Systems, Inc CSCO The stock rose in after-hours trading on Wednesday after the company reported positive fourth-quarter results. The share price remained up on Thursday. The results were released during an exciting earnings season. Here are some key insights from the analysts. Cisco reported fourth-quarter revenue of $13.64 billion, beating analysts’ consensus estimate of […]

Key insights from analyst ratings for Kodiak Gas Services – Kodiak Gas Services (NYSE:KGS)


Key insights from analyst ratings for Kodiak Gas Services – Kodiak Gas Services (NYSE:KGS)

4 analysts have expressed different opinions on Kodiak Gas Services KGS in the last quarter and offers a wide range of opinions from optimistic to pessimistic. The table below provides a condensed view of their recent ratings, showing the changing sentiments over the past 30 days and comparing them to previous months. Bullish Somewhat optimistic […]

Jeff Bezos could pay every American’s rent for a whole month and would still be richer than Warren Buffett


Jeff Bezos could pay every American’s rent for a whole month and would still be richer than Warren Buffett

While housing costs continue to be a burden on American households, a calculation reveals the extent of wealth inequality in the United States. Jeff Bezos, Amazon founder and one of the richest people in the world, could theoretically cover the monthly housing costs of every American renter and would still be wealthier than legendary investor […]

Walmart Q2 results: E-commerce and advertising businesses boost sales and profits, annual forecast raised – Walmart (NYSE:WMT)


Walmart Q2 results: E-commerce and advertising businesses boost sales and profits, annual forecast raised – Walmart (NYSE:WMT)

Walmart Inc WMT Shares are trading higher on Thursday after the company reported strong second-quarter 2025 results and raised its full-year guidance. The retailer reported adjusted earnings per share of $0.67 (+9.8% y/y), beating the forecast of $0.64. Revenue was $169.34 billion, up 4.8% year-over-year or 5.0% at constant currency, and exceeded the forecast of […]

Kamala Harris plans historic federal ban on “corporate price gouging” in the food industry


Kamala Harris plans historic federal ban on “corporate price gouging” in the food industry

In an unprecedented move, Vice President Kamala Harris will propose a nationwide ban on price gouging by companies in the food and grocery sector. What happened: The Harris team plans to announce the proposed ban as part of a broader economic policy program. The Democratic presidential candidate is expected to formally unveil that program at […]