_walmart-surpasses-36500-billion-market-cap-after-strong-q1-results.jpg "Walmart Surpasses $500 Billion Market Cap After Strong Q1 Results from 1mobile market apk Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 575K times
✓ Published: 18-May-2024
👁 View: 575K times
✓ Published: 18-May-2024
Description:
Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.
Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_wall-street39s-most-accurate-analysts39-views-on-3-materials-stocks-delivering-high-dividend-yields.webp "Here are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector from Benzinga's Analyst Stock Ratings page. Benzinga.com readers can sort through our extensive database of analyst ratings, including by analyst accuracy.")
⏲ 1:17 👁 190K
_gen-z-has-a-credit-card-problem.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Gen Z has a credit card problem.")
_gamestop-and-amc-shares-plummet-over-15-amidst-return-of-influential-reddit-trader.webp "Popular meme stocks GameStop and AMC saw their share prices plunge over 15% from the previous day's close as markets opened on Thursday. GME fell 18% from its prior close, and AMC opened down 8% and continued falling through the day. The declines came after the re-emergence of influential Reddit trader Roaring Kitty on social media. Kitty's cryptic social media posts featuring movie clips revived speculation around the meme stocks. The meme stock frenzy appears to be fading again on signs Kitty's impact may be temporary.")
_young-people-reflect-on-renting-in-leeds.webp "With a recent survey suggesting less than half of aspiring first-time buyers expect to become homeowners, young people reflect on renting in Leeds.")
_here39s-how-carbon-markets-work.webp "In Guyana, where local leaders call forests the “lifeblood” of their communities, funds from carbon credits are visibly benefiting communities. They’re helping to repair wharves to get kids to school, supporting disabled village members, and creating new local jobs through village ecotourism. All 242 of the country’s Indigenous villages are benefiting.")
_what-is-an-index-fund-and-how-does-it-work.webp "The whole stock market in one convenient package.")
_walmart-stock-hits-all-time-high.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and what sent shares of Walmart soaring.")
_grocery-prices-finally-start-to-come-down.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why your next supermarket trip might be a little cheaper.")
_wall-street39s-most-accurate-analysts39-views-on-3-materials-stocks-delivering-high-dividend-yields.jpg)
_gen-z-has-a-credit-card-problem.jpg)
_gamestop-and-amc-shares-plummet-over-15-amidst-return-of-influential-reddit-trader.jpg)
_young-people-reflect-on-renting-in-leeds.jpg)
_here39s-how-carbon-markets-work.jpg)
_what-is-an-index-fund-and-how-does-it-work.jpg)
_walmart-stock-hits-all-time-high.jpg)
_grocery-prices-finally-start-to-come-down.jpg)
![[+]](/images/menu.gif){kind=small}