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The bundle includes Sam’s Club access, delivery from both retailers and a choice of Peacock or Paramount+. Walmart said the costs are not expected to materially affect its fiscal third-quarter or full-year guidance.
Walmart falls 9.4% after reporting adjusted EPS of $0.81 and revenue of $187.9 billion that topped consensus, while U.S. comparable sales rose 2.6% versus 3.8% expected and the company lifted full-year adjusted EPS guidance to $2.80-$2.87.
Walmart shares fall around 10% after the retailer reports second-quarter adjusted EPS of 81 cents and sales of $187.9 billion, while third-quarter guidance comes in below estimates.
Target Corp. shares trade lower on Monday as investors take profits ahead of its second-quarter earnings report on Wednesday, while softer U.S. retail sales data weighs on sentiment.
Anthropic’s revenue increased 14x in Q2 from a year ago to $11.5B, while the piece also flags a Chinese AI system targeting Nvidia’s CUDA moat and mixed early money flows in major tech names.
Walmart's earnings miss sparks stock decline, investors weigh buying opportunity. Retail sector impacted.