Walmart (WMT) Cuts Beef Prices as Grocery Battle Grows
Walmart’s summer price cuts on beef, soda and other picnic basics are testing how low the top U.S. grocer can go as Washington tells stores to deliver lower prices at the register.
Sam’s Club comes out ahead of Costco (NASDAQ:COST) on chicken; Walmart (NASDAQ:WMT) gains in traffic
Sam’s Club, owned by Walmart, ranked first in a Consumer Reports test of rotisserie chickens, beating out Costco Wholesale. The test looked at products from 10 grocery chains, grading taste, sodium, and packaging. Sam’s Club took the top spot, followed by Costco and Stop & Shop, part of Ahold Delhaize. “Flavor and freshness” and “genuine value” for members are the focus, Sam’s Club divisional meat and seafood manager Shana DeSmit said to USA Today.
Dow holds top spot as component math favors blue chips; Nasdaq lags
Dow Jones Industrial Average climbed Wednesday during normal U.S. hours, holding about a 0.4 percentage point lead over the Nasdaq Composite as tech shares kept trading behind blue chips. For 2026, the NYSE says markets close on Friday, July 3, for Independence Day, not Wednesday.
Costco to open Pensacola warehouse on Nine Mile Road June 25
Costco Wholesale plans to open its first Pensacola warehouse this Thursday at 225 E. Nine Mile Road. The company’s website shows the warehouse will open June 25. The gas station opened on May 28, according to Costco’s store page.
Walmart (NYSE:WMT) gains $18 billion as Vibe.co deal sends unclear sector read
Walmart gained 1.9% on Tuesday, finishing at $119.42 in after-hours, which tacked on about $17.8 billion in value. The S&P 500 dropped 1.44%. The Nasdaq fell 2.21%. The S&P 500’s consumer-staples sector ended up 1.8%.
Walmart’s Hawaiian Roll Recall Linked to Wrapper, Not Bread
Walmart’s Great Value Hawaiian Roll four-packs are now included in a new FDA recall. United States Bakery, based in Oregon, reported an oily, sticky substance on the direct food-contact packaging. The recall covers 10,447 cases sent to 26 states. The concern centers on packaging that touches the rolls, not a confirmed problem with the bread itself.
Amazon takes number one spot on 2026 Fortune 500; regional shifts seen
Amazon has taken the No. 1 spot on the 2026 Fortune 500, Fortune said, unseating Walmart after 13 years at the top. The change put Amazon ahead for the first time in more than a decade and drove shifts in regional tallies for Pennsylvania, New Jersey and New England. Fortune’s 72nd annual list put the collective revenue at $21.0 trillion, with profits at $2.1 trillion and a workforce of 30.5 million worldwide.
Sam’s Club Gas Station Shutting Temporarily For Repairs in Santa Clarita
Sam’s Club members in Santa Clarita will lose access to the retailer’s cut-rate gas on June 15, when the local station will shut down for renovation. The closure is expected to last until Sept. 18, according to KHTS. Crews plan to add more pumps and make other changes during the downtime.
Palantir CEO Karp takes aim at AI spend by Anthropic, OpenAI
Palantir CEO Alex Karp on CNBC Wednesday criticized frontier AI labs, saying many enterprise clients are privately dissatisfied with those companies. Karp told CNBC’s Sara Eisen that discontent isn’t just limited to everyday users. He said most of the Anthropic projects discussed in public are “running on Palantir.”
Walmart Stock Just Beat a Market Rout — Now Gas Prices, AI and Amazon Could Decide What Comes Next
Walmart Inc. shares ended last week higher while Wall Street sold off, giving the retailer a defensive look as investors moved past a sharp technology-led break in the market. The stock closed Friday at $118.88, up 0.97% on the day and about 2.7% above the previous Friday’s close.
Walmart Stock Fell Hard Friday. Why Monday’s Open Now Matters
Walmart Inc. shares go into Monday’s U.S. open bruised, not broken, after a holiday-shortened week in which the stock fell about 3.8% from the prior Friday close and ended May 29 at $115.75. The Friday slide, 2.65%, came even as the S&P 500, Nasdaq and Dow closed at records.
Walmart Analysts Hold $140 Target but Watch Gas Prices
Walmart Inc. stayed at Outperform with a $140 target at Evercore ISI on Tuesday, as the analyst pointed to record first-quarter Walmart+ sign-ups and the retailer’s digital operation topping $100 billion. Walmart shares fell 1.1% to $118.91 by late morning.
Walmart Shares Drop, Tuesday Trading in Focus
Walmart shares slipped into the U.S. holiday break, with the stock last seen at $120.27 late Friday, off by about 0.9%. The retailer’s strong quarter didn’t ease fears over higher fuel costs and squeezed consumers. Walmart’s market value stood at about $963.5 billion, as a cautious profit view weighed on the stock.
Walmart stock falls with investors eyeing the gas pump
Walmart Inc. is under pressure as U.S. trading approaches Friday. Shares fell 7.3% to $121.34 on Thursday, its steepest daily decline since 2023. That drop wiped out recent gains and left Walmart as the worst Dow Jones Industrial Average performer for the session. Investors sold after the retailer topped first-quarter revenue estimates.
Dow 50,000 Watch: Oil, Walmart, Nvidia in Focus
Dow trades near 50,000 as Nvidia beat falls flat, oil jumps The Dow Jones Industrial Average hung near 50,000 on Thursday, swinging between gains and losses after giving up some of Wednesday’s advance. Oil prices climbed. Nvidia’s latest earnings beat did little to help the broader market. The S&P 500 and Nasdaq were down in early trading, while the Dow kept moving around the flatline.
Wall Street Slips as Oil Spurts, Nvidia Stalls, Walmart Dips
Stocks dropped Thursday. Oil prices shot higher, stirring up inflation fears again, and that weighed on a market that’s leaned on AI and steady consumer spending for support.
Walmart tops estimates, Wall Street reacts to warning
Walmart stuck with its full-year sales and profit guidance on Thursday after topping forecasts in the first quarter. But the retailer put out a weaker outlook for the current quarter and flagged higher fuel costs that took a bite out of operating income. Net revenue came in at $177.8 billion, a 7.3% gain. Shares dropped about 2% in premarket trading after management projected second-quarter sales and profit would miss estimates.
AI stocks stall as bond market weighs on Wall Street
U.S. stocks slipped Monday, the Nasdaq falling the most. Chipmakers and tech shares lost steam, and oil and bonds kept inflation concerns in focus.
Dow Jones Today: Blue Chips Miss Tech Slide After Hours
Dow finishes flat as tech stocks drop, chip names fall The Dow Jones Industrial Average barely moved on Monday, slipping 4.47 points, or 0.01%, to 49,521.70, according to Reuters market data. The blue-chip index held up while the S&P 500 lost 0.29% and the Nasdaq Composite dropped 0.65%. Investors sold off chips and other tech names, rotating into areas of the Dow's 30 stocks.
Walmart heads into earnings after Wall Street target hikes
Walmart shares gained Monday as several Wall Street analysts bumped up price targets, putting attention on the retailer ahead of its fiscal first-quarter earnings later this week.