Walmart flat as reports flesh out e-commerce job cuts toll
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Go back to Walmart flat as reports flesh out e-commerce job cuts toll
April 6, 2023 10:59 AM EDT
Walmart Inc. (NYSE: WMT) announced Thursday that the American retailer plans to build their own EV fast-charging network at thousands of Walmart and Sams Club locations across the country by 2030. This would be in addition to the almost 1,300 EV fast-charging stations already available at more than 280 U.S. facilities.
Vishal Kapadia, Senior Vice President of Energy Transformation at Walmart, wrote in the... More
April 6, 2023 8:20 AM EDT
Oppenheimer reiterated an Outperform rating on Amazon.com Inc. (NASDAQ: AMZN) but reduced their price target on the stock to $125.00 (From $135.00) after conducting a deep dive into the companys expenses. Following the investigation, analyst Jason Helfstein believes that the online retailer more layoffs are necessary for eCommerce to become meaningfully profitable.
Helfstein wrote in a note, We believe AMZN's 25% underperformance vs. Nasdaq LTM is... More
April 4, 2023 9:11 AM EDT
There is a $130 billion opportunity in retail media advertising, according to Morgan Stanley analyst Matthew Cost. The analyst told investors in a note Tuesday that the firm sees the opportunity by 2025 as "retailers leverage their customer data to power online ads" and that The Trade Desk Inc. (NASDAQ: TTD) and Criteo S.A. (NASDAQ:... More
