Walmart reportedly plans to boost its investment in U.S. manufacturing. The company is investing in a new beef processing plant in Kansas that will create 600 jobs and recently partnered with USAntibiotics to make products like amoxicillin in the United States, Walmart U.S. CEO John Furner said, according to a report from CNBC.
There is almost no other way to look at it. ChatGPT is on its way to drive significant layoffs at Walmart Inc.
The latest trading day saw Walmart (WMT) settling at $109.03, representing a +1.7% change from its previous close.
Walmart (WMT) shares hit a fresh all-time high Wednesday, adding to gains that followed news yesterday the big box retailer had become the latest company to team up with ChatGPT developer OpenAI.
Walmart U.S. CEO John Furner said the company is increasing its investments in U.S.-made products and suppliers as a strategic priority. Many businesses like Walmart are focused on keeping prices as low as possible for customers with rollbacks amid economic uncertainty.
Walmart's agentic commerce partnership with OpenAI reportedly drove the retailer's stock 5% higher, marking its biggest one-day gain since April and taking it to a record high. The partnership could also help Walmart, whose shares have already been on the rise for three years, boost its valuation to $1 trillion, Bloomberg reported Wednesday (Oct.
Walmart's U.S. head said shoppers were spending at a healthy rate and were resilient despite economic uncertainty and inflationary prices due to President Donald Trump's tariffs, Bloomberg News reported on Wednesday.
WMT's International arm surges 10.5%, fueled by booming China sales and strong Walmex and Flipkart momentum despite currency drag.
A partnership announced on Oct. 14, 2025, has sent a clear signal about the future of the retail sector. Walmart NYSE: WMT revealed it is collaborating with OpenAI to integrate shopping directly into the ChatGPT platform, complete with an Instant Checkout feature.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
When most people think of America's grocery giants, Walmart NYSE: WMT, Albertsons NYSE: ACI, and The Kroger Co. NYSE: KR come to mind. What most people would not expect is the inclusion of one of the biggest names in consumer discretionary stocks.
Walmart (WMT) will now use ChatGPT in its latest partnership with OpenAI. The stock tapped new all-time highs off the headline, and Rick Ducat adds that Walmart has shined as an outperformer compared to its consumer staple peers.