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Nasdaq, US stocks slide as Fed forecasts possible rate hike
Yahoo Finance Video99d agoneutralVIDEO
Nasdaq, US stocks slide as Fed forecasts possible rate hike

US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.

Walmart offers travelers up to 10% back on vacations
TheStreet99d agoneutral
Walmart offers travelers up to 10% back on vacations

Travel season is upon us. Some 67% of Americans plan to take one or more domestic trips this summer, and 41% plan international travel, according to a survey from U.S. News. But for many of those travelers, these summer vacations may not play out how they were originally envisioned. Around ...

Bloomberg99d agoneutral
US Retail Sales Rise in Broad Gain Despite Higher Gas Prices

(Bloomberg) -- US consumers ramped up spending in May across a broad range of retailers, signaling households powered ahead despite higher gasoline prices.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealThe value of retail purchases rose 0.

'Walmart's only crypto toy' shuts down popular game
TheStreet100d agoneutral
'Walmart's only crypto toy' shuts down popular game

The Pudgy Penguins (PENGU) is one of the most popular non-fungible token (NFT) projects ever. In simple words, an NFT is a unique digital asset that acts as a secure certificate of ownership for a specific item, such as digital art, music, gaming avatars, or virtual real estate. In September ...

Reuters101d agobullish
Canada's Nuvei to buy Payoneer for $2.75 billion in cross-border payments push

Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, ‌as the Canadian fintech aims to expand globally. Nuvei will buy ‌all shares of Payoneer for $7.40 apiece, a premium of about 44% to their last ​close on June 8. Payoneer has a market capitalization of about $2.26 billion, according to data compiled by LSEG.

Walmart and McDonald's chase $7.5B World Cup boom
TheStreet102d agoneutral
Walmart and McDonald's chase $7.5B World Cup boom

For two weeks every four years, Americans embrace soccer and may even remember that the rest of the world calls it football. This year, however, football-mania will be running even more wild than during a typical World Cup because the United States is hosting the global event. That's a massive ...

Investing.com102d agoneutral
How ‘agentic’ is AI shopping today

Investing.com -- Agentic shopping is the use of AI agents to carry out parts of the shopping process on behalf of the customer instead of merely providing recommendations. Google’s agentic shopping protocol, for instance, enables agents to work across different parts of the buying processes, including discovery and post-purchase support. But has agentic shopping reached the capacity to directly make shopping decisions on customers’ behalf?

Walmart launches exclusive premium beef line
TheStreet105d agoneutral
Walmart launches exclusive premium beef line

For decades, Walmart has built its reputation on helping shoppers stretch every dollar. Its price points, brand range, and product assortment have all reflected that budget-friendly strategy. More recently, however, the chain’s been experimenting with a shift toward premiumization. From adding ...

SpaceX on cusp of record IPO that could make Musk a trillionaire
AFP106d agoneutral
SpaceX on cusp of record IPO that could make Musk a trillionaire

SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.If all goes as expected, the space and rocket company co-founded by Musk in 2002 will begin trading on the Nasdaq exchange on Friday morning, with all eyes on how Wall Street will absorb the blockbuster IPO that could send tremors across global markets.

Stitch Fix Q3 Earnings Call Highlights
MarketBeat106d agoneutral
Stitch Fix Q3 Earnings Call Highlights

Stitch Fix (NASDAQ:SFIX) reported third-quarter fiscal 2026 revenue and adjusted EBITDA above its outlook, as the online personal styling company pointed to stronger Fix order values, improving client trends and continued expense discipline as drivers of its latest results. Chief Executive Officer

Walmart adds new service to compete with DoorDash, UberEats
TheStreet108d agoneutral
Walmart adds new service to compete with DoorDash, UberEats

Few companies have managed to weave themselves as deeply into the fabric of everyday life as Walmart. Need groceries? Walmart has them. A refill on your prescription? Walmart can take care of it. A new outfit for that upcoming event, supplies for that new family pet, or a restock on household ...

Exclusive: Another Executive Departure at Walmart
The Wall Street Journal108d agoneutral
Exclusive: Another Executive Departure at Walmart

More top executives are leaving Walmart as new leadership puts its stamp on the business. Monday afternoon, Walmart plans to announce the departure of Diana Marshall, a decadeslong employee who is currently chief experience officer at Sam’s Club, Walmart’s warehouse-club chain. Marshall will leave the company at the end of the month, according to a person familiar with the situation and a document viewed by The Wall Street Journal.

Buy, Hold, or Sell: Walmart Makes Sense as a Buy at $115
24/7 Wall St.110d agoneutral
Buy, Hold, or Sell: Walmart Makes Sense as a Buy at $115

Walmart (NYSE:WMT) trades at $116.89, with the post-earnings pullback offering a more attractive entry into a defensive retailer whose digital flywheel keeps accelerating against a sticky inflation backdrop. Walmart runs the world’s largest brick-and-mortar retail footprint, spanning 10,900+ stores across 19 countries and serving roughly 280 million weekly customers. It also operates Sam’s Club, Walmart ... Buy, Hold, or Sell: Walmart Makes Sense as a Buy at $115

Walmart, Target make play for Sephora, Ulta shoppers
TheStreet110d agoneutral
Walmart, Target make play for Sephora, Ulta shoppers

During the Covid pandemic, when nobody was leaving the house and life was happening over Zoom, a lot of people reduced their spending by virtue of having no place to go. But one category remained strong even as consumers were cutting back elsewhere — beauty. The beauty category has ...

From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
Associated Press111d agoneutral
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending

U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. During recent earnings calls with analysts, executives from American mainstays like Walmart, McDonald's and Dollar General cited overall shopper resilience as well as noticeable cutbacks by lower-income customers.

Traders Ran for Cover (and Kleenex)
The Wall Street Journal111d agoneutral
Traders Ran for Cover (and Kleenex)

One haven from Friday's selloff: Kimberly-Clark, whose stock had been battered over the past year. The Kleenex maker jumped 6.3% Friday, helping consumer staples to become the S&P 500's best-performing sector.

Walmart CEO sends stark two-word warning on fuel prices
TheStreet111d agoneutral
Walmart CEO sends stark two-word warning on fuel prices

Two words from the CEO of America's largest retailer carry a lot of weight. John Furner, who took over as Walmart's chief executive in February 2026, was speaking to reporters during the company's annual shareholder week in Bentonville, Arkansas. And what he said about the American consumer was ...

Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More
24/7 Wall St.111d agoneutral
Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More

Pre-Market Stock Futures: Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the ... Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart,

Walmart warns higher prices may be on the way
TheStreet112d agoneutral
Walmart warns higher prices may be on the way

Walmart has long been a go-to destination for consumers looking to stretch their budgets during periods of economic uncertainty. For decades, shoppers have turned to Walmart for affordable groceries, household goods, and basic essentials when they needed to make every dollar count. That role has ...

Healthcare, Bank Stocks Buoy Dow Industrials
The Wall Street Journal112d agoneutral
Healthcare, Bank Stocks Buoy Dow Industrials

The Dow Jones Industrial Average rose Thursday while other indexes lagged behind thanks in part to gains in bank and healthcare stocks. “This is a non-chip rally,” said Jay Hatfield, chief executive officer and portfolio manager at Infrastructure Capital Advisors.

Retail giant launches first new home brand in 5 years
TheStreet113d agoneutral
Retail giant launches first new home brand in 5 years

Kids outgrow almost everything. Clothes stop fitting, school supplies run out, favorite colors change, and bedrooms that once worked for toddlers suddenly don't work for older children. And every parent knows how quickly this mounts into another recurring expense. This is also why adults are ...