The Latest Breaking News from Walmart

Amazon overtakes Walmart in terms of quarterly revenue, but how long will it last before it regains pole position?

Walmart is the dominant player in the retail space, and its market share is only getting stronger. Plus, Walmart recently announced a 13% increase in its annual dividend.

The major indexes faded after the S&P 500 hitting highs. Growth plays like Palantir and Axon dived. Alibaba soared.

Recent economic data shows investors that a potential rotation out of cyclical names is starting, one that could benefit these defensive stocks.

March S&P 500 E-Mini futures (ESH25) are up +0.11%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.28% this morning, partially rebounding from yesterday’s slump on Wall Street, while investors brace for U.S. business activity data.

March S&P 500 E-Mini futures (ESH25) are up +0.05%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.12% this morning, stabilizing after yesterday’s slump on Wall Street, while investors brace for U.S. business activity data.

Asian shares are trading mixed after a sharp slide for Walmart helped pull Wall Street off record highs

Walmart also reported lower quarterly revenue than Amazon for the first time ever.

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.48%. March E-mini S&P futures (ESH25 ) are down -0.49%, and March E-mini Nasdaq futures...

Forward-looking commentary from a major retailer outweighed its backward-looking results as all three major equity indexes retreated on Thursday.

Given enhanced features, the rapid shift to online shopping, and rapid digital transformation, the grocery tech industry appears to have favorable prospects. Therefore, fundamentally strong grocery tech stocks Kroger (KR), Seven & i Holdings Co. (SVNDY), and Walmart (WMT) could be ideal additions to your portfolio. Read more.