Walmart is still a top idea for us as it'll keep the lowest prices, says TD Cowen's Chen
Oliver Chen, TD Cowen retail analyst, joins 'Closing Bell' to discuss Chen's thoughts on retail earnings, political elements to Walmart's stock, and much more.
Walmart just made it even easier for everyone else to raise prices
Walmart's announcement that it will raise prices due to tariffs has other retailers "delighted." The news gives retailers cover to raise their own prices, experts told BI.
Tariffs, Trump, And Thin Ice: Why I'm Sell-Rated On Walmart
I'm giving Walmart Inc. a Sell rating for its near-term downside risks from tariff uncertainty and rising costs that'll weigh on margins. Despite strong growth in high-margin segments like Walmart Connect and Walmart+, I see more room for weakness than strength for gross margins. Earnings missed sales estimates and warned of higher prices, and now Walmart is facing pressure to absorb the cost impact.
Walmart stock slips after Trump lashes out about tariff-driven price hikes
Last week, anticipated price hikes at Walmart attracted headlines across the country after CEO Doug McMillon warned that certain items would become more expensive as a result of President Donald Trump's tariff policies.
Walmart Stock Holds as Tariff Risk Spurs Support
There's no denying that the current state of the S&P 500 index can be summed up in a couple of words: volatile and uncertain. President Trump's recently rolled out trade tariffs create a less clear future for global trade and the costs to be paid and handled by hundreds of businesses in the United States, indirectly hurting the ability for management and Wall Street analysts to forecast earnings potential down the line.
Klarna Swings to profit as UK moves to regulate buy now, pay later sector
Klarna reported a 15% rise in first-quarter revenue on Monday and returned to profit as the UK announced plans to tighten regulation on buy now, pay later lenders. The Swedish fintech posted $701 million in revenue and a $3 million adjusted profit, compared with a $2 million loss a year earlier, excluding the sale of its checkout business. The results follow Klarna’s decision last month to pause its planned US initial public offering, citing economic uncertainty and tariff concerns. The company made no mention of the IPO in its earnings update but said it is monitoring shifts in the business environment. The UK, one of Klarna’s key markets, said Monday it will introduce new rules from next year aimed at protecting consumers from unregulated lending. Klarna’s US revenue rose 33%, helped by partnerships with Walmart, DoorDash and eBay. StickIt Technologies Inc. (CSE:STKT) announced that it has strengthened its leadership team with the appointment of Igor Kostioutchenko to its board of directors. Kostioutchenko brings more than 15 years of experience in accounting and finance to the company, StickIt said in a statement on Friday. He holds multiple professional designations, including Chartered Professional Accountant, Chartered Business Valuator, Certified Internal Auditor, Certified Fraud Examiner, and is a Licensed Public Accountant. His expertise lies in financial assurance, advisory, and valuations, which StickIt highlighted are critical areas as the company advances its intellectual property portfolio and product commercialization. Eli Ben Haroosh, StickIt CEO, welcomed Kostioutchenko to the company’s board of directors. "We hope his expertise in finance and assurance will further increase the company's audit committee's and board of directors' financial expertise,” he said. “Mr Kostioutchenko is a chartered professional accountant with extensive experience in a variety of companies, and I am confident that his contribution to the company will be significant and comes at exactly the right time."
Walmart Inc. (WMT) Is a Trending Stock: Facts to Know Before Betting on It
Walmart (WMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
President Trump Says Walmart Should 'Eat the Tariffs'
Walmart is accustomed to attracting attention for its prices. This weekend, it caught the eyes—and ire—of the president.
Walmart's Stock Could Be Tanked By Trump Tariffs
There is a rumor that Amazon (NASDAQ: AMZN) planned to show the effect of tariffs on the prices of items sold at its site.
Trump Attacks Walmart for Tariff-Related Price Increases
Retailer's CEO last month was among a small group of executives who warned the president that tariffs would result in price hikes.
Trump tells Walmart to 'eat the tariffs' after retailer warned it will raise prices
Trump blasted Walmart after the retailer warned it would raise prices due to tariffs.
In a Trade War, Walmart Lacks Some of Amazon's Ammunition
Walmart's stock is pricier, but Amazon's growth and profit potential are far greater.
