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…
Walmart (WMT) shares tumbled 9.2% after reporting weaker-than-expected US comparable sales growth and a soft earnings outlook. UBS lowered its price target on WMT, citing concerns over the core US bu…
Wall Street indexes declined as oil prices surged on Iran tensions, while Nvidia disappointed despite strong guidance and Walmart's weak outlook sparked retail concerns.
Amazon faces a class-action lawsuit from shoppers claiming it collected hundreds of millions via tariff-linked price increases without passing benefits back after courts ruled those tariffs unlawful.
December 2025 retail sales disappointed with flat growth, pressuring large retailers including Amazon. Early promotions pulled demand forward, while inflation and consumer uncertainty weighed on spen…
Amazon filed a new SEC shelf registration allowing multiple security offerings to raise capital, triggering an 8% premarket stock drop amid uncertainty over the offering's size.
Amazon's Q4 operating income was hit by $1.1 billion in tax dispute resolutions, $730 million in severance costs, and $610 million in asset impairments related to its physical stores.
Amazon announces 16,000 additional layoffs, totaling 30,000 job cuts since October as part of a major workforce reorganization focused on efficiency and reduced bureaucracy.
Amazon announces a major job cut of 16,000 primarily corporate roles to reduce costs amid slowing e-commerce demand. More layoffs may follow, but AI and cloud businesses continue growing. Stock dips …
Amazon expresses doubt on Saks Global’s ability to emerge from bankruptcy amid challenges in broadening Saks’ luxury customer base and restructuring plans.
Amazon's CEO of Worldwide Stores sold 24,500 shares totaling over $6.1 million under a 10b5-1 plan, signaling insider selling pressure despite continuing ownership.
Amazon plans to cut up to 30,000 corporate jobs to reduce costs following overhiring during the Covid-19 demand surge, aiming to improve financial efficiency.