The Latest Breaking News from WMT

Walmart Inc (NYSE: WMT) shares are tanking on Tuesday after the company slashed its guidance as a result of high inventory levels and continued inflation pressures.

Walmart Inc (NYSE: WMT) reduced its guidance for the current quarter and full year, citing rising prices for food and fuel. Here are the reactions of six top analysts. RBC Capital Markets On Walmart

Soaring Inflation and supply chain disruptions have significantly dampened the retail sector’s growth this year. Amid slowing consumer demand, we think investors should invest in Walmart (WMT) since it possesses enough fundamental strength to withstand an economic downturn. On the contrary, Honest Company (HNST) should be avoided now, given its…

A whale with a lot of money to spend has taken a noticeably bullish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 14 strange trades.

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

The Federal Trade Commission has sued Walmart Inc (NYSE:WMT), alleging that the retail giant allowed its money-transfer services to facilitate fraud. According to the complaint, the company did not properly train its employees, failed to warn customers, and used procedures that allowed fraudsters to cash out at its stores. The financial services offered…

Streaming platform Roku (ROKU) recently announced its venture into the e-commerce space with its partnership with retail giant Walmart (WMT). The stock jumped on the news. However, the stock is down more than 57% this year. So, is ROKU a Buy or Sell now? Read on to find out.

Walmart Inc (NYSE: WMT) developed the capability to switch seamlessly between cloud providers and servers using its own servers and software to deploy one of the most significant so-called hybrid clouds, 

The red-hot inflation and the Fed’s aggressive rate hikes are raising the odds of the economy tipping into a recession. However, consumer goods and grocery stocks usually withstand the market turbulence because of stable demand for their products irrespective of the overall economic condition. And we think beaten-down consumer goods…