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Walmart investors got caught asleep at the switch.Shares logged their worst day in more than a year on Thursday, tanking 6.23% as the retailer surprised investors with a weak 2025 outlook.
Advertising revenue came in at $39.8 billion versus expectations of $39.7 billion, while Meta’s Reality Labs segment, which includes sales of its Quest augmented reality line of headsets, saw ...
Shares of retail giant Walmart (NYSE: WMT) were up a whopping 72% in 2024. To put the magnitude of this move in perspective, this was the best year for Walmart stock since 1998 -- you read that right.
The stock fell by as much as 8.2% in premarket trading and was down by more than 6% in morning trading. It had risen by more than 75% over the past year. Rainey noted the market's response to an ...
MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-reality glasses, called Orion, during its annual Connect conference on Wednesday ...
Meanwhile, Walmart stock rose more than 1% as America's largest big box retailer reported higher same-store sales growth than Wall Street had anticipated. Walmart also boosted its full-year ...
On March 21, 2024, Walmart stock reached a record closing high of $61.45 per share. So far this year, its shares are already up 14%, beating the S&P 500's ( ^GSPC ) 10% gain.
Walmart best put a near-perfect quarter on the board for investors when it delivers results before the market opens on Aug. 17. If not, the stock could get crushed under the weight of elevated ...