Walmart wowed Wall Street yet again, causing shares to jump nearly 7% in pre-market trading. For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected. CEO Doug McMillion called it a "great quarter." https://yhoo.it/3ymlTUh
Yahoo Finance
Online Audio and Video Media
The planet’s biggest business news platform. Sharing business news you need, plus live shows every weekday.
About us
Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Sign up for our daily morning newsletter, the Morning Brief through our profile URL. Sign up for Yahoo Finance's Morning Brief Newsletter. Need-to-know market analysis and finance news delivered right to your inbox: https://bit.ly/3Fq3C7C
- Website
-
https://yhoo.it/3aBnLwr
External link for Yahoo Finance
- Industry
- Online Audio and Video Media
- Company size
- 51-200 employees
- Headquarters
- New York
- Type
- Public Company
Locations
-
Primary
770 Broadway
New York, 10003, US
Employees at Yahoo Finance
Updates
-
The Dow has reached a new price milestone. US stocks climbed Thursday with the Dow Jones Industrial Average crossing 40,000 for the first time ever as markets added to Wednesday's record-setting rally. https://yhoo.it/4aqp0I3
-
Total US household debt levels increased in the first quarter as already stressed credit card borrowers faced rising challenges, a new report from the Federal Reserve Bank of New York said. The bank report, part of its survey of household debt and credit conditions, showed that overall debt levels rose by $184 billion, or 1.1%, in the first quarter to $17.69 trillion. https://yhoo.it/4bFjGSc
-
GameStop stock tanked more than 18% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained more than 180% over the prior two sessions amid numerous halts for volatility. AMC also fell 20% after shares of the theater chain operator had climbed 95% in the past two days. https://yhoo.it/3K3h84p
-
Netflix has won the streaming rights to two NFL games set to air Christmas Day, the company announced. The company will reportedly pay less than $150 million per game. https://yhoo.it/4dGkmIE
-
GameStop and AMC are soaring again, with both stocks up more than 100% in the past week. While the moves are sending vibrations through the market that feel like the 2021 meme stock mania, Wall Street strategists say this fresh burst of enthusiasm is far from the madness of three years ago. https://yhoo.it/4dKEIAH
-
Uber is introducing a shuttle service in the US and widening a delivery tie-up with membership-only retailer Costco as part of a series of initiatives to attract price-conscious consumers amid competition from rival Lyft. https://yhoo.it/3ULyVls
-
Inflation pressures eased in April, but the progress was likely not enough to push the Federal Reserve to cut interest rates just yet. "It's a step in the right direction," said Bank of America Securities US economist Stephen Juneau. But "is it enough for the Fed to get too excited about? Probably not yet." Here is the latest look at where inflation is — and isn't: https://yhoo.it/4bj4U3E
-
Yahoo Finance reposted this
💲US consumer price increases cooled during the month of April, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. 📉 The Consumer Price Index (CPI) rose 0.3% over the previous month and 3.4% over the prior year in April, a slight deceleration from March's 3.5% annual gain in prices and 0.4% month-over-month increase. ⬇ April's monthly increase came in lower than economist forecasts of a 0.4% uptick. The annual rise in prices matched estimates, according to data from Bloomberg, and marked the slowest gain in three months. I break down the latest on the inflation picture for Yahoo Finance... #inflation #business #finance #prices #cpi #powell #ratecuts
-
There’s been a big shift in how people think about their later years: New data from the Federal Reserve Bank of New York shows that most Americans don’t expect to work beyond their early 60s. The number of workers who plan to work full time beyond age 62 has fallen to 46%, down from 55% four years ago. Only 31% of workers expect to work beyond 67, down from 36% in 2020. The declines span age, education, and income groups, but more female workers than male workers are eyeing the door sooner rather than later. It raises the question: Are these reasonable expectations? The blunt answer is that for many people, turning off their paycheck at 62 and leaving behind the healthcare and other benefits that come with full-time employment is a terrible idea. For starters, droves of Americans have woefully under-saved for retirement. And the sheer cost of having to foot medical bills for the three-year gap before they're eligible to enroll in Medicare is surely something they haven’t put into their calculator. Then, add up soaring future medical expenses not covered by Medicare. A single 65-year-old may need roughly $157,500 saved (after tax) to cover healthcare expenses in retirement. An average retired couple may need approximately $315,000 saved, according to Fidelity Investments. More: https://lnkd.in/enQ-V7KF #yahoofinance #finance #money #future #careers
This content isn’t available here
Access this content and more in the LinkedIn app