Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China summons Walmart executives for talks in wake of Trump tariffs China has summoned executives of Walmart – the world’s largest retailer – for regulatory talks, bringing the business…
SHANGHAI (Reuters) – Chinese officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices to offset U.S. tariffs on goods from China, according to CCTV-affiliated social media posts. The posts, published on Wednesday on the Weibo account of Yuyuantantian, which is affiliated with state-run…
Tesla’s stock plunges by half; is Elon Musk’s EV party over? Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump. U.S. stocks mostly fell in early trading Tuesday, extending…
Chris Kirkham | Reuters Tesla’s stock plunges by half; is Elon Musk’s EV party over? Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump. Tesla’s stock has dropped by…
(Reuters) – Walmart (WMT) has asked some Chinese suppliers for major price cuts, with the U.S. retail giant’s efforts to shift the burden of President Donald Trump’s tariffs facing strong push back from firms in the Asian nation, Bloomberg News reported on Thursday. Certain suppliers, including makers of kitchenware and clothing, have been asked to…
We recently compiled a list of the 10 Best Stocks to Buy According to Bill Gates. In this article, we are going to take a look at where Walmart Inc. (NYSE:WMT) stands against the other stocks. Bill Gates is one of the most influential figures in the modern world. The software company he co-founded, best known…
Nvidia will report earnings next week. (Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways Stocks Declined As Markets Await Key Earnings And Economic Reports Next Week Walmart Fell Despite Beating Earnings Due To Disappointing Forward Guidance Investors Eye Nvidia Earnings Amid Growing AI Spending Uncertainty Stocks were down on Thursday with the S&P 500…
Walmart (WMT) investors got caught asleep at the switch. Shares logged their worst day in more than a year on Thursday, tanking 6.23% as the retailer surprised investors with a weak 2025 outlook. Shares were relatively unchanged in premarket trading on Friday. The session was a new, unwelcome development in the Walmart story. For much…
(Reuters) – U.S. stock index futures were largely flat on Friday after declining in the previous session when investors fretted over President Donald Trump’s tariff threats and the Federal Reserve’s interest rate outlook. All three indexes clocked declines in the last session also after a downbeat forecast from retail giant Walmart. Walmart edged 0.4% higher…
US stock futures barely moved after the major indexes slumped following a weak earnings outlook from retail giant Walmart (WMT) during market hours. Futures attached to the major gauges of the S&P 500 (ES=F), Nasdaq (NQ=F), and Dow Jones Industrial Average (YM=F) all hovered around the baseline. CME – Delayed Quote • USD As of…