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Walmart shares dropped 9% despite an earnings beat as US comparable sales growth slowed to 2.6% and Q3 guidance missed expectations. Rising fuel costs and mounting household budget pressures are forc…
US equities show slight premarket relief after a tough week, but significant headwinds remain. Macroeconomic risks, including high inflation, rising energy prices, and soaring bond yields, continue t…
Despite beating Q2 earnings and raising guidance, Walmart (WMT) stock plunged nearly 10% as weak domestic sales growth and reliance on tariff refunds signaled a slowing consumer. This drop, combined …
U.S. retail sales fell 0.6% in July, the first drop in nine months, signaling weaker consumer spending. Combined with soft jobs data and mild inflation, markets now expect the Fed to hold rates stead…
GBP weakened as UK retail sales plummeted 1.3% in April, the largest drop in nearly a year, while public finances deteriorated sharply. Rising fuel prices and geopolitical uncertainty over Iran tensi…
Amazon's AWS outage caused significant disruptions, but shares recovered. Upcoming Q3 earnings amid consumer spending slowdown may limit gains in the near term.