The Latest Breaking News from Walmart Inc

CVS Health Corp., Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay more than $12 billion to resolve thousands of state and local government lawsuits accusing the chains of mishandling opioid painkillers, according to people familiar with the matter.

With inflation still hovering around the multi-decade high and the U.S. economy expanding in the third quarter, a further aggressive interest rate increase is on the cards this week. With the macro headwinds set to intensify further, investing in resilient stocks Walmart (WMT) and Oracle (ORCL) could give your portfolio…

Despite the Fed’s aggressive interest rate hikes, inflation continues to take a toll on the economy. With growing recession fears, it could be best to invest in Walmart (WMT) and Coca-Cola (KO), given their solid fundamentals. Also, these stocks have an impressive dividend-paying history and could help cushion your portfolio…

While concerns over the Fed’s hawkish stance have kept the stock market under pressure, some analysts expect the market to rebound later this year and into 2023, following the trend of mid-term election years. Therefore, investors may consider buying fundamentally solid stocks Microsoft (MSFT), UnitedHealth Group (UNH), and Walmart (WMT).…

Concerns over the Fed’s continued hawkish stance and a potential recession lead to high market volatility. However, no matter what direction the market follows, quality dividend-paying stocks Microsoft (MSFT), Walmart (WMT), Coca-Cola (KO), and Abbott (ABT) could be great investments for the next decade. Read more….

While rising inflation is a major concern for most investors, shares of retail companies Walmart (WMT) and Williams Sonoma (WSM) have been soaring in price after surpassing earnings estimates in their recent quarterly releases. So, let’s take a closer look at these names….

Black swan events are world-changing events that are rare and unpredictable and have outcomes with devastating effects. These events have severe implications for financial markets and investment portfolios. While investors cannot predict a black swan event, it could be wise to prepare your portfolio by investing in high-quality stocks, such…

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

Microsoft co-founder and philanthropist Bill Gates’ Bill & Melinda Gates Foundation has a substantial portfolio of investments, which several investors keenly follow. Bill Gates has been recently buying shares of Ecolab (ECL). Given ECL’s disappointing financials and bleak growth prospects, we think it could be wise to wait for a…