Many large retailers in the United States reported Q1 earnings this week. How will the earnings of retailers like Home Depot and Walmart serve as a bellwether for the current financial landscape? Yahoo Finance has you covered: highlighting the recent Earnings reports of Q1 2024. Video Transcript I will consumer sentiment. It tumbled on Friday
This finance writer argues big-box stores trick us into thinking we want lower prices — here’s what she means With every trip to a grocery or department store, consumers continue to be hit hard by rising prices. The U.S. Department of Agriculture said that the Consumer Price Index for food increased by 25% between 2019
Walmart heir and sustainability investor Lukas Walton Builders Vision The move by the Walmart WMT heir represents the first time that he’s opened the firm up to outside investors. Lukas Walton’s climate-focused investment firm S2G has raised $600 million in outside funding, according to a regulatory filing with the Securities and Exchange Commission. The 37-year-old
Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and 2.3%, respectively, Tuesday, in moves that UBS analyst Michael Lasser said showed that investors interpret Amazon’s announcement as a sign of greater competition, Seeking Alpha reported Wednesday (April 24). The new Amazon program offers a delivery
One of the first sovereign-wealth funds, and the largest at the state level in the U.S., just made a big bet on groceries as inflation continues to pressure American consumers. Alaska Permanent Fund tripled its investments in shares of Walmart and Kroger —the respective No. 1 and No. 2 players in terms of their share
The word “cheap” doesn’t get applied to many tech stocks these days, especially after a rally that has seen the Nasdaq Composite index soar by 46% in the past year. And it’s true that you’ll have to pay much more for quality businesses today than you would have shelled out back in early 2023. That’s
A cryptocurrency mining facility is being built in Muskogee. Leaders with Port Muskogee say it represents a $100 million investment and will bring dozens of tech jobs to the area. A 200-megawatt data center needs a lot of power. That’s why Oklahoma-based Polaris Technologies will bring its center John T. Griffin Industrial Park in Muskogee.