Walmart Financial News

28.07 / 07:03
Manufacturing Tesla Highways Walmart Self-driving start-up Pony.ai plans to mass produce robotrucks in China
BEIJING — Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks in China with equipment manufacturing giant Sany Heavy Industry.
26.07 / 01:27
NASDAQ DOW Walmart fall Stock futures fall after Walmart cuts forecast, says inflation hit consumer spending
U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hours.
23.07 / 19:21
Kroger Walmart More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with their own rising costs.
29.05 / 15:25
Walmart Shoppers Are Fretting. Stores Are Listening.
Walmart is stocking more half gallons of milk for shoppers who can’t afford a full gallon. Procter & Gamble is touting a dish-soap bottle that allows users to save money by extracting every drop. Michaels is curtailing the marketing of higher-priced crafts tools that shoppers may no longer be in the mood to buy.
19.05 / 10:39
UPS Target Walmart Target, Walmart Earnings Selloff Puts Retailers’ Inflation Pains on Display
Inflation is catching up with some of America’s biggest retailers, as their recent quarterly results were pinched by higher costs on everything from products to fuel.
17.05 / 15:39
Twitter Airlines Walmart Stocks making the biggest moves in the premarket: Walmart, Home Depot, Citigroup and more
Take a look at some of the biggest movers in the premarket:
17.02 / 17:19
Bitfinex Walmart Bitcoin 500 How a $500 Walmart gift card helped investigators track a $4.5bn bitcoin heist
Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5bn.
16.02 / 14:37
Bitfinex Walmart Bitcoin 500 How a $500 Walmart gift card helped investigators track a $4.5bn bitcoin heist
Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5bn.
09.02 / 19:37
Blockchain Digital Walmart Why Walmart May Follow Facebook Into the Crypto World
Walmart Inc. (WMT), the nation's largest retailer and a leader in the use of blockchain technology that is facing intense competition from tech giants like Amazon.com Inc. (AMZN), may introduce digital coins across its close to 11,000 stores in more than two dozen countries. The company has applied to patent a method of utilizing a digital coin which is pegged to a traditional fiat currency, according to a filing published on August 1 by the U.S. Patent and Trademark Office. If successful, the method could enable transactions that are both faster and less expensive than alternatives, as well as offer loyalty features. Walmart has already been at the vanguard of the blockchain space, and it now appears that the retail giant is following in the steps of other major companies like Facebook (FB) in exploring new opportunities available through cryptocurrencies.
08.02 / 13:15
Digital digital rupee Walmart Opinion: Digital Rupee Needs More Thought, Less Haste
India has surprised the payments world by announcing that its central bank will issue a digital currency as early as the coming financial year, a crucial decision that most other major economies are refusing to make in a hurry. According to Finance Minister Nirmala Sitharaman, an electronic representation of India's legal tender will give a big boost to its digital economy. How valid is that claim, and how risky is a hasty transition to a central bank digital currency, or CBDC?
31.01 / 20:43
CEO Walmart Walmart prepares to step into the metaverse
First reported by CNBC, the US retail giant filed seven trademarks on 30 December 2021 with the U.S. Patent and Trademark Office.

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