Walmart boosts sales Outlook
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Walmart, Stocks
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Target, Brian Cornell Steps
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Tech, Powell, and retail. Markets are eagerly awaiting Fed Chair Jerome Powell’s Jackson Hole speech on Friday, while keeping a watch on hot tech stocks, which have had a limp week. Retail investor darling Palantir (PLTR) has notched six straight losing sessions going into Thursday,
It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.
Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending habits of U.S. consumers and the continued impact of President Trump’s trade war.
Target's stock is down, and Walmart's stock is up. Do you buy the stock performance winner or the loser of this matchup?
Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs.
Shares of Walmart are trading more than 5% lower following the world’s largest retailer’s quarterly earnings release. The results, announced this morning, triggered a selloff that pushed the stock below key technical support levels.
Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).
According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, Target will need to increase its prices to twice the rate
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