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Major U.S. retailers are navigating an uneven, challenging inflation environment, with higher fuel, transportation, and supplier costs continuing to pressure operating costs and margins. Retailers’ responses remain varied in relation to setting consumer prices and in their willingness to pass those expenses on to shopp
President Donald Trump and First Lady Melania Trump welcomed Chinese President Xi Jinping and his wife on a red carpet at Joint Base Andrews on Wednesday, kicking off a three-day visit amid tensions over trade, artificial intelligence, and Taiwan. Chinese President said that the U.S. and China, as leading artificial-in
Alphabet (NASDAQ: GOOGL ) reported second-quarter financial results on Wednesday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Summary Alpha
Alphabet (NASDAQ: GOOG ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Summary Alphabet's second quarter 2026 revenue
Torrid Holdings reported second-quarter net sales of $231.7 million and adjusted EBITDA of $23.3 million, in line with guidance. Comparable sales fell 6.3%, while the company raised full-year reported guidance on tariff refunds.
Build-A-Bear Workshop reported fiscal second-quarter 2026 revenue of $115.291 million, below estimates, while adjusted diluted EPS matched forecasts at 70 cents. The company lowered its fiscal 2026 revenue outlook to $500 million-$525 million.
The U.S. Treasury says it will at least double its buybacks of 10- to 30-year debt after 30-year yields hit 5.27%, briefly easing long-end rates.
Walmart reported second-quarter adjusted EPS of 81 cents and sales of $187.9 billion, topped estimates, but its third-quarter EPS and sales guidance came in below estimates.
Goldman Sachs lowers its price target on Walmart to $130 from $141 and raises its price target on Target to $161 from $127 in earnings recaps.
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 reported adjusted EPS of 81 cents and sales of $187.9 billion, both above estimates, while issuing third-quarter adjusted EPS and sales guidance below estimates.
U.S. stock futures are modestly higher Thursday as investors weigh escalating U.S. economic pressure on Iran, a Treasury buyback announcement, and incoming earnings and data.
Walmart is set to report second-quarter results Thursday before the market open, with analysts expecting $186.8 billion in revenue and 74 cents per share.
Target is due to report second-quarter results Wednesday before market open, with analysts expecting revenue of $26.13 billion and EPS of $2.32 and watching for guidance.
Walmart is expected to report fiscal 2027 second-quarter earnings on August 20
President Donald Trump said on Friday that data centers could eventually become a bigger industry than oil, calling them significant for the U.S. economy. President Donald Trump ‘s former Counterterrorism Chief Joe Kent has reaffirmed his stance that the U.S. should exit the Strait of Hormuz and claim victory in the Ir
Walmart price target raised
New Jersey will begin charging companies whose workers rely on Medicaid, as Democratic-led states look for new ways to fund the growing cost of public healthcare amid tightening federal rules, according to the Associated Press. Governor Mikie Sherrill (D-NJ) signed the measure Tuesday night, creating a new employer fee
Rhode Island’s new Non-Owner Occupied Property Tax took effect Wednesday, imposing a levy on residential properties assessed above $1 million that are not used as a primary residence. The tax, enacted under Rhode Island’s Fiscal Year 2026 budget, applies to homes that are not occupied by the owner or a tenant for at le
CNBC’s Jim Cramer has flagged TJX Companies Inc. (NYSE: TJX ) as "a buy" due to its strong position as an "inventory play," while simultaneously noting that retail giant Walmart Inc. (NASDAQ: WMT ) "seems cheap" following a recent stock dip. Cramer’s market commentary highlights a divergence between off-price discount
TD Cowen boosts target on Walmart due to strong grocery traffic, citing improving sales trends. This may impact retail sector stocks.