Walmart tops US$500 billion in market value as results impress

📆 5/16/2024 8:43 PM
📰 BNNBloomberg

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Walmart Inc. shares surged on Thursday, pushing the retailer’s market value over US$500 billion for the first time, after it posted stronger-than-expected first-quarter earnings and boosted its annual sales and profit forecasts.

From US Stores to Factory Floors, Second Quarter Starts Out SlowMillennium, Point72 and Citadel Are Among Buyers of Bitcoin ETFsTake-Two Says ‘Grand Theft Auto VI’ Won’t Come Until Fall 2025Spirit Aero to Cut Jobs at Key Factory on Jet Delivery SlowdownFunds Managed by Bank Trust Departments Draw Scrutiny From SECLondon IPO for Shein Would Help Repair Damage From US DefectionsTrudeau Housing Push Challenged by Weak Productivity, Study SaysBurst Oil Pipeline Risks South Sudan Violence, Economic...

make joint investment in critical mineral producersThe First Electric School Bus Fleet in the US Will Also Power HomesLula Pushes New Petrobras CEO to Boost Refinery, Gas InvestmentsForeign Oil Firms in Venezuela Scramble for US Licenses Ahead of DeadlineBiden Seeks to Bolster Solar Manufacturers With Tax and Trade MovesThe Daily Chase: Canada's Crypto King arrested on fraud chargesU.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Walmart beats earnings estimates as low prices lure bargain huntersWalmart raised its full-year forecast and reported better-than-expected first-quarter results on Thursday.
Source: GlobalCalgary - 🏆 50. / 61 Read more »