#Walmart said it will start its own financial technology company, aimed at customers and employees, with the help of investment firm Ribbit Capital, which has backed investment platform Robinhood, personal finance portal Credit Karma, and other big names in the industry. The new company aims to “develop and offer modern, innovative and affordable financial solutions,” […]
#holiday #shopping #season #Thanksgiving #Christmas #stimulus $WMT An American tradition is almost here, the holiday shopping season. As strange and difficult this yr has been Wall Street economists expect consumers to open up their wallets in a big way this holiday season. “In what will be remembered as one of the most challenging and transformative […]
$TSLA $WMT Hedge fund investor David Einhorn, a well-known Tesla Inc. (NASDAQ:TSLA) critic, has joined into the controversy over the company’s burning solar systems. He called on Tesla CEO Elon Musk to resign after a report overnight showed the company tried to replace faulty parts in its rooftop solar panel systems as part of an […]
Walmart Inc. (NYSE:WMT) Chief Executive Doug McMillon said there should be a discussion about banning assault weapons in the U.S. Walmart Inc. Chief Executive Doug McMillon said Thursday there should be a discussion about banning assault weapons in the U.S. McMillon made the comment as Walmart released fiscal second-quarter earnings, but neither he nor Dan […]
Walmart Inc. (NYSE:WMT), -1.14% tries to bolster its online business Walmart WMT, -1.14% tries to bolster its online business, it is staring down steep U.S. e-commerce losses that could amount to $1 billion this year, according to analysts at Morgan Stanley. Part of the problem is that the company sells a heavy mix of consumable products online, while […]
Walmart Inc. (NYSE:WMT) shares jump Stocks on Wall Street opened with modest losses Tuesday as U.S. investors returned from a three-day weekend and U.S. and Chinese negotiators prepared to resume trade talks in Washington. The S&P 500 SPX, +0.15% was off 0.2% at 2,769, while the Dow Jones Industrial Average DJIA, +0.03% lost 16 points, […]