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Walmart Shares Rise Following Better-Than-Expected Earnings Report

Walmart shares gained 5% in premarket trading on Tuesday after the retail giant forecast a smaller fall in profit than analysts expected. Despite recent price hikes amid the United States inflation struggles, Walmarts' discounts on clothing and electronics have assisted to attract U.S. shoppers...

Walmart Moves to Purchase Remaining Stake in Massmart

South African retail group Massmart confirmed that Walmart has made an offer of 6.4 billion ($373 million) to purchase the 47% stake in the company that it does not yet own. Furthermore, the U.S. retail giant intends to delist Massmart from the Johannesburg Stock...

Goldman Analyst Share 3 Reasons Why You Should Buy Walmart Stock

Things are not going great for retailers at the moment. However, according to Goldman Sachs, that shouldn’t be the reason not to buy Walmart stock. In this week’s note sent to clients, Goldman’s retail analyst Kate McShane shared three reasons why Walmart stock is a...