Walmart Inc

Top Wall Street analysts pound the table on these 3 dividend stocks

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Top Wall Street analysts pound the table on these 3 dividend stocks

Dividend-paying stocks can enhance investors’ portfolio returns and provide certainty in shaky markets. Investors can track Wall Street analysts’ ratings to select stocks of dividend-paying companies that have attractive growth prospects, which could boost earnings and cash flows to support higher dividends. Here are three attractive dividend stocks, according to Wall Street’s top experts on TipRanks, a platform … Read more

Amazon sellers get dinged after Target discount snafu

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Amazon sellers get dinged after Target discount snafu

An Amazon driver delivers packages in Washington, D.C., on Aug. 27, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images When Brandon Fishman ran a discount on his vitamin-infused coffee for Target‘s weeklong deals event, he wasn’t worried about how it would affect his business on Amazon. He certainly didn’t expect his sales there … Read more

Here’s why cooler consumer inflation flipped the stock market

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Here’s why cooler consumer inflation flipped the stock market

We finally got the consumer price index we were looking for, with both the June headline and core readings coming in slightly lower than expectations. The CPI bolstered the case for the Federal Reserve to start cutting interest rates. It also gave investors the green light to rotate out of this year’s tech winners and … Read more

Costco hikes membership fee for the first time since 2017

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Costco hikes membership fee for the first time since 2017

Customers exit a Costco store in Teterboro, New Jersey, on June 28, 2023. Kena Betancur | Corbis News | Getty Images You will soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it will increase its membership fee by $5 in the U.S. and Canada … Read more

Walmart to open five automated distribution centers

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Walmart to open five automated distribution centers

Automated distribution centers for Walmart grocery business. Courtesy: Walmart Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and its online grocery business grows. The discounter’s new facilities are roughly 700,000 square feet on average. Chilled and frozen areas have automation that … Read more

Shein wants to build supply chain giant, some fear China cyber spying

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Shein wants to build supply chain giant, some fear China cyber spying

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province.  Jade Gao | Afp | Getty Images The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies … Read more

Walmart, Chipotle criticized over prices

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Walmart, Chipotle criticized over prices

When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers’ to-do lists. Customers didn’t necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the first step toward the nation’s … Read more

Stop worrying and learn to love the triumph of Big Tech

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Stop worrying and learn to love the triumph of Big Tech

If you still doubt the power that the biggest stocks have over this market, Friday’s performance should dispel it: Meta Platforms added $29.95, or 5.8%, bumping its gain this year to more than 52.8%. Amazon rallied $2.41, or 1.2%, and is now up roughly 31.6% in 2024. Alphabet increased $4.78, or 2.5%, for a year-to-date … Read more

How Walmart’s Sam’s Club is trying to take on Costco’s Kirkland

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How Walmart’s Sam’s Club is trying to take on Costco’s Kirkland

Stuck at home during the Covid pandemic, Megan Crozier needed a way to keep her two young children entertained. She bought an inflatable pool from Sam’s Club. The pool began leaking air after just a few uses. For Crozier, chief merchant of the Walmart-owned membership club, that trashed pool — and the disappointment that came … Read more

GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

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GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox before leaving the company after more than 17 years to become chief product officer of audio company Sonos in 2014, according to his LinkedIn profile. … Read more