Walmart stock tumbles 9% after outlook disappoints Wall Street
Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.

Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.
With less than three months until the midterm elections, opposition to AI data centers is becoming a bipartisan rallying cry in a growing number of states.
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
The potential capacity increase would be part of Hyundai's plan to invest $26 billion in the U.S. through 2028, Hyundai CEO José Muñoz told CNBC.
California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
Micron's AI-fueled rise and expansion are creating jobs and wealth in Boise, Idaho, while adding pressure to housing, traffic and the city's identity.
Private equity firm Arctos has agreed to buy 10% of the Atlanta Falcons in a deal with an enterprise value of $10.6 billion, two sources told CNBC.
The pending $12.5 billion Lakers sale would lift CNBC’s average NBA team valuation 21% to $6.68 billion, with the Warriors still No. 1.
President Donald Trump hinted that regulation may be in the works for Hyperliquid. Interesting trading activity followed.
Many borrowers pursuing Public Service Loan Forgiveness have recently learned that they're further away from debt cancellation than they'd expected.
Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.
Bitcoin is trading at its highest levels since early June as crypto execs joined with President Donald Trump push to get the Clarity Act over the finish line.
The National Association of Realtors has released a new index that uses factors in local economies to indicate future demand.
The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S.
AI has changed jobs and businesses, but it's also creating bottlenecks, confusion and downright awkward encounters for humans in the workplace.
We trust the off-price retailer is already fixing its problems.
The Treasury Department has issued new Trump Account guidance, emphasizing low-cost investments.
As football season approaches, many Americans are planning to take on debt to pay for tickets, memorabilia, parlays and more.
Alibaba's U.S. listed shares were volatile in premarket trading after posting a 75% drop in net income in the June quarter.
Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and lawyers told CNBC.
Oil moved higher Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran.