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Walmart gears up for holidays with multichannel solutions, import improvements after JD stake sale – Walmart (NYSE:WMT)


Walmart gears up for holidays with multichannel solutions, import improvements after JD stake sale – Walmart (NYSE:WMT)

Walmart Inc. WMT Shares are trading higher in premarket trading on Wednesday. On Tuesday, the retail giant announced several new initiatives ahead of the holiday season. Initiatives include category expansion, multi-channel order fulfillment and new features to simplify cross-market selling. The company announced the expansion of the Premium Beauty, Secondhand and Collectibles categories. In addition, […]

JD stock slips into death cross after Walmart sells stake – JD.com (NASDAQ:JD)


JD stock slips into death cross after Walmart sells stake – JD.com (NASDAQ:JD)

JD.com Inc. JD The stock has entered bearish territory, with a Death Cross a sign of a possible downturn. The e-commerce giant is down 1.16% year-to-date and 20.51% over the past year, although it has posted a slight uptick of 2.6% over the past month. The recent sell-off by Walmart Inc. WMT Adding to the […]

Walmart results suggest stabilization in consumer health – Walmart (NYSE:WMT)


Walmart results suggest stabilization in consumer health – Walmart (NYSE:WMT)

On Thursday, Walmart Inc WMT has reported its results for the second quarter of the fiscal year, beating Wall Street estimates for both revenue and profit. Due to the strength of its half-year results, the largest US retailer has raised its full-year forecast. This is quite a contrast to the cautious Home Depot HD The […]

Walmart analyst calls retail stock a ‘beat-and-raise story’ – Walmart (NYSE:WMT)


Walmart analyst calls retail stock a ‘beat-and-raise story’ – Walmart (NYSE:WMT)

Retail giant Walmart Inc WMT could give analysts and investors a better picture of how inflation is affecting consumer spending and shopping behavior when the company reports second-quarter financial results before the stock market opens on Thursday. Earnings estimates: According to data from Benzinga Pro, analysts expect Walmart to report second-quarter revenue of $168.57 billion. […]