Walmart

If the phrase, “Never sell a dull market” needs a perfect example, yesterday might be the one. We had a really impressive rally despite very little market-related news. Today, the long streak of positive performances appears to be threatened.  The S&P 500 Index (SPX)...

Walmart’s (NYSE: WMT) ability to keep customers coming to its stores will again be on display when Q2 results are released tomorrow morning. A year ago, people had few shopping options beyond WMT and a few other big stores that kept doors open through the pandemic. Now, with more choices...

Multinational retail giant Walmart Inc (NYSE: WMT) is looking to hire a cryptocurrency expert to take charge of its digital currency strategy. What Happened: According to a new job posting on the company’s website, the person who fills the role of Walmart’s “Digital Currency and...

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week's bullish calls included top growth and reopening stocks. Automakers and a leading cryptocurrency play were among the bearish calls seen. The Dow Jones industrial average posted about a 1%...

When it comes to reopening, there aren’t many better barometers than Disney (NYSE: DIS). From theme parks to movie theaters to resorts, the company has a finger in lots of pies. That may be why last night’s strong quarterly performance from DIS appears to be giving Wall Street...

U.S. health authorities have urged Americans who are fully vaccinated against COVID-19 to go back to wearing masks indoors when in public places.  What Happened: The Walt Disney Co (NYSE: DIS) has asked its salaried and non-union employees in the U.S. to get vaccinated by...

Plenty of large brands have hopped on the e-commerce bandwagon, building out their own proprietary technologies to further monetize their products. But why stop there — why not monetize e-commerce itself? That's precisely what Walmart (NYSE: WMT) is doing. The world's largest...

January was the peak sales month for online grocery sales, reaching $9.3 billion during the month, according to a Brick Meets Click/Mercatus Grocery Shopping Survey conducted Jan. 28-31. Sales in February started to fall, dropping 14% to $8 billion, and have remained on a slow decline since, as...

The FreightWaves Shipper of Choice award is presented in partnership with ArcBest and recognizes retailers, distributors and manufacturers that are keeping the U.S. economy moving by improving efficiency along the supply chain, providing accessible facilities and fighting driver detention. Among...

Just three months after its global launch, last-mile grocery and retail delivery platform JOKR has raised $170 million in a Series A investment round led by GGV Capital, Balderton Capital and Tiger Global Management. The round was joined by Activant Capital, Greycroft, Fabrice Grinda's FJ Labs, as...

Late last year, Walmart (NYSE: WMT) severed what was to be a five-year partnership with Bossa Nova Robotics. Less than a year into the alliance, Walmart said human resources were just as capable and efficient as their robotic counterparts when it came to optimizing the stocking of shelves in its...

India-based e-commerce shopping portal Flipkart announced Monday it has raised $3.6 billion in new funds from a group of investors, including one very big name: Walmart (NYSE: WMT).  "Flipkart is a great business whose growth and potential mirrors that of India as a whole — that's why we invested...

The cover story in this weekend's Barron's offers investment opportunities as Europe's economy and markets rebound. Other featured articles discuss European airline stocks ready to soar, the worst retail stocks of the first half of 2021 and the passing of the baton at Amazon. Also, see...

Walmart (NYSE: WMT) is getting into the drone business. The company announced on Thursday that it was making an investment in DroneUp, a provider of drone services. The announcement appeared on the company's corporate blog in a post written by John Furner, CEO and president of Walmart U.S. "Last...