The Latest Breaking News from Walmart Inc

Walmart Intensifies Rivalry With Google, Amazon By Targeting India's Budding Payments Market

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)…

Benzinga · May 18, 2022

10 Biggest Price Target Changes For Wednesday

Telsey Advisory Group reduced Walmart Inc. (NYSE: WMT) price target from $175 to $160. Walmart shares rose 0.1% to $131.48 in pre-market trading.

Benzinga · May 18, 2022

2 Mega-Cap Stocks to Buy on the Dip

Mega-cap stocks Walmart (WMT) and Roche Holding (RHHBY) are both down more than 15% in the past month but could be solid buy the dip candidates.

StockNews.com · May 17, 2022

3 Must-Own Dow Jones Stocks to Buy in May

Looking to scoop up shares of fundamentally sound stocks during the market sell-off? Then consider these three Dow Jones stocks: Cisco (CSCO), Coca-Cola (KO), and Walmart (WMT).

StockNews.com · May 2, 2022

Walmart Launches Activewear & Swim Brand With Michelle Smith, Stacey Griffith

Walmart Inc (NYSE:WMT) has unveiled its activewear and swim brand, Love & Sports, created in partnership with fashion designer Michelle Smith and indoor cycling instructor Stacey Griffith. The activewear collection is available at Walmart.com and in 1,500 Walmart stores. The retailer said collections would drop seasonally, with new additions like footwear and…

Benzinga · Apr 29, 2022

Walmart-Owned Indian E-tailer Flipkart Looking Into Metaverse, Web3 Foray

American retail giant Walmart Inc.'s (NYSE: WMT) Indian e-commerce arm Flipkart has launched an in-house innovation unit called 'Flipkart Labs' to explore ways to expand into the Metaverse and Web3. 

Benzinga · Apr 29, 2022

Will Grocery Prices Remain Elevated Throughout 2022?

Multi-decade high inflation is reflected in consumer staples like grocery items. While grocery prices are expected to rise further, an inelastic demand should help grocery retailers stay afloat by passing on the rising costs to consumers. In this article, I am going to discuss how inflation is expected to treat…

StockNews.com · Apr 27, 2022

Walmart+ Offers Fuel Discount To Members

Walmart Inc (NYSE:WMT) said members of its Walmart+ program would receive an instant discount of up to 10 cents on every gallon of fuel they purchase at participating fuel stations. Walmart+ fuel discount is available at more than 14,000 stations with the addition of 12,000 Exxon Mobil Corp (NYSE:XOM) Exxon and Mobil locations across the…

Benzinga · Apr 27, 2022

4 Rock-Solid Dow Jones Stocks to Buy and Hold

Despite volatile market conditions owing to the Russia-Ukraine war, supply chain bottlenecks, high inflation, and imminent aggressive federal interest rate increases, the Dow Jones Industrial Average has managed to advance over the past month on an improving labor market and strong corporate results. So, we think it could be wise…

StockNews.com · Apr 21, 2022

Plug Power Inks Deal To Fuel Walmart's Fleet Of Material Handling Lift Trucks

Plug Power Inc (NASDAQ:PLUG) has signed an agreement with retailer Walmart Inc (NYSE:WMT) for an option to deliver up to 20 tons per day of liquid green hydrogen. The hydrogen will power material handling lift trucks across Walmart distribution and fulfillment centers in the U.S. The partnership is a part of Walmart’s aim to incorporate alternative…

Benzinga · Apr 19, 2022