"Wage inflation is generally good for Walmart given store associates typically shop the stores," Bank of America highlighted.

Walmart's increasingly important e-commerce arm posted a 69% leap in sales, the smallest increase since the pandemic hit the US in spring 2020.

Oracle jumped as much as 10% in early Monday trading on reports that the firm won bidding for a partnership with TikTok’s US business. The news comes after the White House threatened to ban the ByteDance-owned app on data security concerns if it didn’t sell its US arm to an […]

Walmart reported quarterly earnings on Tuesday that crushed Wall Street’s estimates, boosted by a huge surge in ecommerce. Shares of Walmart climbed as much as 6% in premarket trading Tuesday before paring those gains to trade lower. Walmart’s ecommerce sales soared 97% in the second quarter, as the coronavirus pandemic […]

These four big-box retailers stood out on Black Friday, according to Bank of America Merrill Lynch. Healthy traffic driven by sales in toys, electronics, and grocery boosted the companies, BAML wrote in a Monday note. Here are Black Friday highlights from each store, and how much upside BAML has priced […]

Walmart reported third-quarter fiscal 2020 earnings before market open Thursday. Shares rose as much as 3.5% in early trading, setting up Walmart to open at its highest price this year. Online sales and an updated full-year outlook drove the earnings beat. Watch Walmart trade live on Markets Insider. Walmart expects […]

On Tuesday, Walmart announced it would change its policies around gun sales in response to two deadly shootings at stores in Texas and Mississippi. The retailers also said it’s “respectfully requesting” that shoppers stop openly carrying firearms in their stores. Walmart shares rose 1% to an all-time high on Wednesday […]

The Walton family still controls about 48% of Walmart, meaning their exorbitant wealth is innately tied to the company’s stock price. Walmart’s earnings surge on Tuesday netted Sam Walton’s heirs a cool $US11.6 billion. Follow Walmart stock price in real-time here. Walmart skyrocketed more than 10% Thursday following the grocer’s […]

Walmart beat Wall Street’s earnings expectations on Thursday, nearly doubling the forecasted same-store sales growth rate. E-commerce grew 40% over the same period a year ago. Shares rose more than 10% in early trading Thursday following the release. Follow Walmart’s stock price in real-time here. Shares of Walmart surged more […]

Amazon is upping its investment dollars in India in order to compete with Walmart, which just bought Flipkart, the top Indian e-commerce company. This is part of a “Cold War” in the Indian e-commerce space, a team of Barclays analysts wrote. The Indian e-commerce market is expected to explode within […]

Walmart shares are sliding Tuesday after the company announced it’s purchasing a majority stake in Indian e-commerce giant Flipkart. Walmart will pay $US16 billion for a 77% stake. An analyst warned in a recent note this could be a costly acquisition for Walmart. Watch Walmart trade in real time here. […]

Walmart wants to buy Flipkart, India’s version of Amazon. Walmart has entered the e-commerce space mainly through acquisitions. This purchase is a bad idea, Oppenheimer analyst Rupesh Parikh wrote in a note to clients. Watch Walmart trade in real time here. Walmart‘s foray into e-commerce has been mainly through acquisitions, […]

Walmart’s stock was down on Monday following reports that the company is considering an acquisition of health insurer Humana. The potential tie-up would represent the latest in a string of mergers and acquisitions in the healthcare services industry as retailers are pressured to deliver lower cost drugs to consumers and […]

A whistleblower is suing Walmart, saying the company ” issued misleading e-commerce results.” Shares of the company sank as much as 2.4% Thursday. Shares of Walmart sank as much as 2.45% from their intraday highs on Thursday following a whistleblower lawsuit alleging the company ” issued misleading e-commerce results.” In […]

Walmart and Amazon are going head-to-head in the online grocery delivery space, but it’s an area where the investment potential has not been fully unlocked. A Jefferies analyst says that will soon change as home delivery becomes the least retailers can do to remain competitive. You can see how Walmart’s […]

Walmart has been renewing efforts to offer discounts on its best-selling products, which could help it support its share price – for now, according to a Credit Suisse analyst. Walmart disappointed investors when it reported a slowdown in e-commerce sales growth last quarter. View Walmart’s stock price in real time […]

Walmart has an opportunity to revitalize its online sales through a key category that other retailers will have more difficulty in: online groceries. The company’s “click & collect” option on its website will not only bring more online traffic, but also more customers off-line and into its stores, Credit Suisse […]