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Walmart just flashed a warning sign about the US consumer — and its stock is tumbling
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Finance
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Business Insider
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Walmart just flashed a warning sign about the US consumer — and its stock is tumbling
Yahoo Finance
Stocks dip as bond yields and oil rise, Walmart earnings drag on retail: AlphaCheck
Business Insider
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Walmart, America's largest retailer and one of its most salient economic bellwethers, is sending a worrying message. https://bit.ly/46bsfmK
Investing.com Stocks
U.S. stocks in the red amid rising oil, yields; Walmart earnings disappoint
Bloomberg
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Bloomberg's Poonam Goyal said Walmart's earnings miss is largely due to lagging pharmaceutical sales impacted by new federal negotiations aimed at delivering lower drug prices. Goyal said that it's an issue that both the company and investors are expecting to continue affecting sales. Goyal said that Walmart could have the opportunity to calm concerns about flagging US sales growth by focusing on bringing in customers with competitive pricing. (Source: Bloomberg)