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The Latest Breaking News from WMT

FTC Sues Walmart For Allowing Scammers Use Money-Transfer Services

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…

Benzinga · Jun 29, 2022

Struggling Roku Teams Up With Walmart – Buy Or Sell

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.

StockNews.com · Jun 24, 2022

Know About Walmart's Latest Move Towards More Cloud Autonomy From Microsoft, Google

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,

Benzinga · Jun 24, 2022

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2 Beaten-Down Stocks That Benefit From Recessions

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…

StockNews.com · Jun 23, 2022

Despite Climbing Inflation, This Retailer Is Still A Buy

Amid the growing macroeconomic headwinds, Walmart (WMT) reported a dismal quarterly earnings report. However, the company has been making several strategic advancements to keep up with the industry-wide challenges. So, we think it could be wise to buy the stock now. Read on.

StockNews.com · Jun 23, 2022

Why Is Walmart Pushing Roku Stock Higher After Hours?

Roku Inc (NASDAQ: ROKU) shares are trading higher in Thursday's after-hours session after the company announced a partnership with Walmart Inc (NYSE: WMT).

Benzinga · Jun 16, 2022

Walmart Whale Trades For June 16

Someone with a lot of money to spend has taken a bullish stance on Walmart (NYSE:WMT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Jun 16, 2022

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Walmart Hikes Pay For Pharmacy Technicians

Walmart Inc (NYSE:WMT) plans to raise the pay for Walmart and Sam’s Club pharmacy technicians to more than $20 an hour, effective this week. More than 36,000 pharmacy technicians are expected to be benefitted from the plan. The company had previously increased the wages for the technicians in August 2021. Also, Pharmacy technicians…

Benzinga · Jun 16, 2022

3 Big Reasons To Like A Beaten Down Walmart Stock

Valuations, Technicals and Sentiment all point to higher prices as WMT finally finds some footing.

StockNews.com · Jun 13, 2022

Walmart Whale Trades For June 10

A whale with a lot of money to spend has taken a noticeably bearish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 11 strange trades.

Benzinga · Jun 10, 2022

Why Nikola Shares Are Rising

Nikola Corporation (NASDAQ: NKLA) shares are trading higher after Walmart Inc. (NYSE: WMT) announced a proof of concept with the company to expand its transportation partnerships to reduce emissions.

Benzinga · Jun 8, 2022

Walmart Heir Rob Walton Buys American Football Franchise Denver Broncos

Rob Walton, one of the heirs of Walmart Inc (NYSE:WMT) fortune, has agreed to acquire the American football franchise, Denver Broncos. The deal was sealed for $4.65 billion, the Wall Street Journal reported. The purchase and sale agreement calls for the Walton-Penner family to acquire the Denver Broncos from the Pat Bowlen Trust. The report…

Benzinga · Jun 8, 2022

Walmart Expands Transportation Partnerships To Reduce Emissions

Walmart Inc (NYSE:WMT) said it is transforming its transportation fleet through collaborations with manufacturers of three different fuel types – renewable natural gas, hydrogen, and electric. The retail giant will partner with Cummins Inc (NYSE:CMI) and will receive new 15-liter Natural Gas Engines and add them to a few of its trucks. It has also…

Benzinga · Jun 8, 2022

Why Walmart Stock Is Falling Today

Walmart Inc (NYSE: WMT) shares are trading lower alongside several retailers in sympathy with Target Corp (NYSE: TGT), which announced an inventory optimization plan that will result in additional second-quarter&nbs

Benzinga · Jun 7, 2022

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Benzinga · Jun 6, 2022

Walmart Whale Trades For June 06

A whale with a lot of money to spend has taken a noticeably bearish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 17 strange trades.

Benzinga · Jun 6, 2022

Walmart Maintains Momentum With 'Buy' Rating From BofA

Walmart Inc. (NYSE: WMT) has strong sales momentum and its focus on managing costs could boost results in fiscal 2023, according to BofA Securities. The Walmart Analyst: Robert Ohmes maintained a Buy rating for Walmart, while keeping the price target unchanged at $160.

Benzinga · Jun 3, 2022

Walmart Targets Faster Deliveries Via 4 Fulfillment Centers, Intensifies Rivalry With Amazon

Walmart Inc (NYSE:WMT) plans to build four new e-commerce fulfillment centers using an automated system to speed deliveries firing up rivalry with Amazon.com Inc (NASDAQ:AMZN). Walmart will open its first warehouse in Joliet, Illinois, this summer. Walmart will build additional centers in Indiana, Pennsylvania, and Texas over the next three years, Bloomberg reports. E-commerce giants like Alibaba Group Holding Limited (NYSE: BABA) and…

StockNews.com · Jun 2, 2022

Better Buy: Walmart vs. Target

Consumers are rushing to discount stores to buy household goods at comparatively lower prices amid multi-decade high inflation rates. This growing demand and enhanced service offering should allow popular discount store retailers Walmart (WMT) and Target (TGT) to benefit. But which of these stocks is a better buy now? Read…

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Benzinga · May 31, 2022

Check Out What Whales Are Doing With WMT

A whale with a lot of money to spend has taken a noticeably bearish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 15 strange trades.

StockNews.com · May 25, 2022

Take Advantage of the Dip: 3 Blue Chip Stocks to Buy and Hold

Since concerns over potential interest rate hikes to control inflation and ongoing geopolitical crises are expected to keep the stock market under pressure, we think it could be wise to scope up shares of blue-chip companies to ensure some stability to one’s portfolio returns. Significant market reach, pricing power, and…

Benzinga · May 25, 2022

Fortune 500 List Includes Cryptocurrency Company For The First Time; 30 Return After Missing 2021

Fortune released its annual Fortune 500 list, ranking the largest companies in America by revenue. The list included a cryptocurrency company for the first time and saw several newcomers from the previous year.

StockNews.com · May 23, 2022

Bull vs. Bear Contingency Plans

The S&P 500 (SPY) has endured its 2nd trip down towards bear market territory before a bounce ensued. This last downturn is thanks to the ugly earnings from both WalMart and Target. This is indeed a precarious time and we have to contemplate the odds of bull vs. bear market…

Benzinga · May 23, 2022

This Retail Giant Modernizes Supply Chain Network - Read How

Walmart Inc (NYSE:WMT) has expanded its commercial agreement with Symbotic LLC to implement the robotics and software automation platform. Symbotic's software platform will be implemented in all 42 of Walmart's regional distribution centers over the coming years. The move expands Walmart's previous commitment to deploy Symbotic Systems in 25 regional distribution centers. Symbotic System…

Benzinga · May 23, 2022

Looking At Walmart's Recent Whale Trades

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 12 strange trades.

Benzinga · May 20, 2022

Buying The Dip In Walmart & Target? Why These 3 Retail Stocks Are Better Options

The poor earnings reports from Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT) were shocking, Ryan Craver, founder of Commerce Canal, told Benzinga’s

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