Walmart

Walmart jumps to Nasdaq in biggest exchange transfer on record

The move reflects the world’s biggest retailer’s technology-forward approach

Cracking the trillion-dollar threshold would vault Walmart into a rare group of stocks, one that remains overwhelmingly dominated by technology names.

Walmart on path to trillion-dollar status after OpenAI alliance

[NEW JERSEY] Walmart is on track to join the “elite” crop of companies with a trillion-dollar valuation, after its announced partnership with OpenAI powered the stock to a record high, said Mizuho ana...

Walmart has been leaning heavily into AI across its entire operation, rolling out tools for employees, suppliers and shoppers.

Walmart partners with OpenAI to offer shopping on ChatGPT

The firms are jointly creating a certification programme to train employees on effectively using AI at work

In May, Walmart warned of price increases due to higher tariffs, saying it might not be able to absorb all additional pressures.

Walmart expects better sales, earnings as shoppers squeezed by tariffs

BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year, as customers feel the squeeze from higher tariffs imposed by US...

Big-box retailer Walmart’s quarterly results did little to lift sentiment at Thursday's open.

US: Wall Street opens lower as investors brace for Fed meet; Walmart slides

WALL Street’s main indices opened lower on Thursday (Aug 21), as investors turned cautious ahead of the US Federal Reserve’s three-day conference in Jackson Hole, while big-box retailer Walmart’s quar...

Walmart has posted strong sales growth in recent years as consumers keep prioritising groceries and other essentials.

Walmart eliminates hundreds of store-support and training jobs

The company aims to staff the academies differently based on the needs and number of participants and plans to add some new roles

Walmart acts as an agent for money transfers by companies such as MoneyGram, Ria and Western Union.

Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud

[NEW YORK] Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its ...

Walmart has performed better than its competitors in recent quarters, but warned that prices are poised to rise due to higher tariffs.

Walmart eliminates about 1,500 jobs on technology team

The company has about 1.6 million US employees, making it the largest private employer in the country

During its earnings call last week, Walmart CEO McMillon also said he wanted to expand the company’s operating profit faster than sales.
THE BOTTOM LINE

Walmart needs to remember who has the real power

President Trump can threaten retailers over price increases, but it’s customers who have the real ability to punish them

Walmart on Thursday warned as it reported quarterly earnings that at least some of US President Donald Trump’s tariffs would be passed onto consumers, with price hikes becoming more noticeable in the coming weeks.

Bessent calls Walmart CEO after Trump lashes out over price hikes

[WASHINGTON] The US Treasury chief said on Sunday he had called Walmart’s CEO, a day after President Donald Trump blasted the company for hiking prices over his tariffs and urged it to “eat” the costs...