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1 min read

Stock market today: US futures slip as traders react to hotter-than-expected inflation print

The S&P 500 and Nasdaq Composite were both on pace to start the week lower as traders returned afte…

Polly Thompson   


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2 mins read

The family behind Walmart cashed out $1.5 billion as the stock neared an all-time high last week

With a combined net worth of $226.3 billion, the three Walton heirs are collectively wealthier than…

Dominick Reuter   


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Canoo surges 107% after the EV maker inks deal to sell up to 10,000 delivery vehicles to Walmart

The deal could be a course correction for the electric vehicle maker, which reported a steep loss i…

Jennifer Sor   


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Walmart's CEO made 976 times the median employee's pay last year

Walmart CEO Doug McMillon's total compensation was over $26.9 million last year. The median compens…

Dominick Reuter   


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5 mins read

We have more insights as to where the economy is headed — and it's not good

Inflation rearing its ugly head again proved problematic for the market.

Dan DeFrancesco   


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2 mins read

Walmart wants employees to own more of the company

Walmart's founder wanted employees to "participate in the upside of the company," CEO Doug McMillon…

Ana Altchek,Dominick Reuter   


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Ibotta's IPO just minted more than 150 millionaires, many in Denver, CEO says

"By my calculations, I believe there'll be over 150 people who make at least a million dollars on t…

Matthew Fox   


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Walmart stock has 26% upside as grocery and back-to-school sales set to soar, Bank of America says

The $190 price objective on Walmart from Bank of America is the highest among big Wall Street banks…

Carla Mozée   


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Walmart just issued a major profit warning. 'Big Short' investor Michael Burry predicted the mega-retailer's problems

Burry said inflation would hit consumer demand, and retailers would cut prices to shift inventory, …

Theron Mohamed   


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TCS to consider buyback of shares on Oct 11

Tata Consultancy Services (TCS) said on Friday that its Board of Directors will consider a proposal…

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Walmart climbs 4% after reporting strong quarterly sales growth and boosting its profit outlook

Walmart turned in 6% comparable sales growth for its US stores in the first quarter and said it exp…

Will Daniel   


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US stocks edge lower as August slump continues amid China property woes

Stocks' sluggish start to the month continued, with the Nasdaq Composite coming off its first back-…

Phil Rosen   


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US stocks tumble as 10-year yield keeps climbing to hit highest since 2007

Stock market indexes gave up early gains to finish lower, with the Dow notching its third consecuti…

Jason Ma   


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2 mins read

US stocks rise as investors try to shake off August slump ahead of retail data

Tech led the market higher, with the Nasdaq up more than 1% after last Friday marked its first run …

Phil Rosen   


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US stocks fall as Walmart's profit warning adds to inflation worries

Walmart said high inflation has caused consumers to spend less on general merchandise, especially c…

Brian Evans   


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Walmart sinks 6% as 4th-quarter earnings and full-year profit guidance miss expectations

Walmart's increasingly important e-commerce arm posted a 69% leap in sales, the smallest increase s…

Ben Winck   


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3 mins read

Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years

Receipts from online-shopping apps like Instacart give a highly personal view into how inflation ha…

Dominick Reuter   


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US stocks rise amid upbeat earnings while the 10-year Treasury yield hits the highest since 2008

The 10-year Treasury yield continued its march higher, reaching 4.30% early Thursday before easing …

Jason Ma   


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The world's richest family lost $11.4 billion as Walmart stock plummeted

Alice, Jim, and Rob Walton still have a combined net worth of over $170 billion, according to Bloom…

George Glover   


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Plug Power stock jumps 10% on deal to provide Walmart with hydrogen

Plug Power will provide Walmart up to 20 tons of liquid green hydrogen per day for its US fleet of …

Brian Evans