European shares rose on Friday, following peers in Asia, which hit a three-month high on AI optimism, though gains were tempered by uncertainty over developments in Ukraine and the upcoming German elections.
Former Walmart U.S. CEO Bill Simon contends the retailer's stock sell-off tied to a slowing profit growth forecast and tariff fears is creating a major opportunity for investors. "I absolutely thought their guidance was pretty strong given the fact
Asian shares are trading mixed after a sharp slide for Walmart helped pull Wall Street off record highs. In Japan, where investors are watching currency swings, the benchmark Nikkei 225
Palantir (NASDAQ: PLTR) stock is getting hit with another day of substantial sell-offs in Thursday's trading. Palantir's valuation is retreating today after Walmart issued sales guidance for this year that spooked Wall Street.
The Dow Jones industrial average lost 1%, and the Nasdaq composite sank 0.5%. Walmart drove the market lower by falling 6.5%, even though the retailer reported stronger profit for the latest quarter than analysts expected.
U.S. stocks sold off on Thursday as ongoing tariff jitters and a downbeat forecast from Walmart dampened investor risk appetite.
The retailer serves as a barometer for consumer spending due to its scale and commanding market share of the U.S. retail industry.
U.S. stocks sold off on Thursday with the Dow dropping 1%, and the S&P 500 and Nasdaq both shedding just under half a percent.
Walmart's quarterly report in the coming week will give investors fresh insight into the health of U.S. consumers, who are facing stronger inflation and uncertainty over whether President Donald Trump's tariffs will push up prices.
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
Wall Street retreated from its record after a sharp slide for Walmart weighed on U.S. stock indexes. The S&P 500 fell 0.4% Thursday after setting all-time highs in each of
Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes. The S&P 500 fell 0.9% Thursday after setting all-time highs in each of
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