The Latest Breaking News from WMT

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…

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.

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 24 strange trades.

Walmart Inc (NYSE:WMT) plans to hire around 50,000 U.S. associates by Q1 in its stores, clubs, campuses, and supply chain facilities. The retail giant hired 5,500 pharmacists/pharmacy managers in 2021 and more than 13,000 pharmacy technicians. It hired nearly 4,500 truck drivers last year. Also Read: Walmart Plans To Hire 5,000+ Tech Workers This…

Walmart Inc (NYSE:WMT) plans to establish new tech hubs in Toronto, Ontario, and Atlanta, Georgia. The expansion is part of Walmart Global Tech's plan to hire more than 5,000 associates globally in 2022. Walmart Global Tech grew by 26% to 20,000 associates in the last fiscal year. The initial hiring phase is expected…

Splash Beverage Group Inc (NYSE:SBEV) revealed expansion of its existing agreement with AB ONE, the wholly-owned distribution network of Anheuser-Busch InBev (NYSE:BUD), to include AB ONE SoCal (Southern California). Southern California is AB ONE's largest single market in the U.S. and covers an area with a population of more than 20 million through national…

Affirm Holdings Inc (NASDAQ:AFRM) CEO Max Levchin, and CFO Michael Linford joined the firm's TMT Conference, Morgan Stanley analyst James Faucette noted. Affirm's partnerships with Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and Shopify Inc (NYSE:SHOP) supported his view that these partnerships can bring meaningful upside to GMV and revenue. Faucette also gained conviction on Affirm's long-term demographic opportunity within financial…

Walmart Inc (NYSE:WMT) plans to expand its Baytown, Texas supply chain campus with a new one million-plus square-foot distribution center. The new facility, located at 4633 Borusan Road, is the retailer's fourth in Baytown and is set to open in the Fall of 2022. The expansion is expected to create an additional…

Twitter Inc's (NYSE:TWTR) Twitter Shops tool will help businesses promote up to 50 products in a digital catalog attached to their profile, Bloomberg reports.  The beta test for Twitter Shops will be available for select businesses in the U.S. and visible to people using the Twitter iPhone app, Reuters reports. In recent months,…