Morning Brief covers all the stories moving the markets on Thursday, May 22. Among the topics discussed: What happens now that the House has passed President Trump's "big beautiful bill," what is driv
President Donald Trump's tariffs are widening the gap between market-leader Walmart and Target, the companies' latest quarterly reports show, underscoring missteps at the smaller U.S. retailer amid ec
For many Millennials with parents approaching their late 60s and 70s, it’s time to start talking retirement planning. Undoubtedly, individuals are under no obligation to help finance their paren
Walmart (WMT) is laying off workers as part of a U.S. restructuring the retailing giant said was designed to "sharpen our focus" in order to "accelerate our progress delivering the experiences that wi
Walmart is laying off staff to "remove layers and complexity" in the company. In a memo to staff, executives said roles in the global tech team would be cut.
Walmart reported their fiscal Q1 '26 earnings results last Thursday morning, May 15th, 2025 and while actual EPS beat consensus by 5%. Ecommerce – now approaching 20% of total Walmart revenue – ha
Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed sources. Reached by PY

A Closer Look at Retail Earnings

07:51pm, Wednesday, 21'st May 2025
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods,

A Closer Look at Retail Earnings

07:45pm, Wednesday, 21'st May 2025
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods,
Tariffs are coming down, and the market is getting excited. Since the U.S. and China announced a tariff deal, the S&P 500 (^GSPC -1.61%) is up 5%, bringing it back into a year-to-date gain.
Walmart Inc. plans to cut around 1,500 jobs, the Wall Street Journal reported on Wednesday, as the big-box chain tries to manage costs and accelerate decision-making amid broader efforts by retailers
U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to lower expenses and simplify operations, according to a memo seen by Reuters.

Walmart to Cut 1,500 Jobs

04:59pm, Wednesday, 21'st May 2025
Walmart is planning layoffs in a restructuring aimed at managing its expenses and speeding up decision-making.
Microsoft AI security chief Neta Haiby showed a confidential Teams chat to a room full of people Tuesday night. The plans showed how Walmart is working with Microsoft on rolling out AI tools.
Experts say Walmart's tariff-driven price increase gives other retailers cover to follow suit. Full Video Transcript Below: SUCHARITA KODALI: I do expect other retailers to follow in Walmart's steps,
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