Walmart Racks Up Sales Record but Sees Slower Growth Ahead

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  Stocks tumble as Walmart sales growth forecast disappoints

  Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.
  
  NBC News - 20h

• Walmart shares drop as retailer says profit growth will slow

  Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.
  
  CNBC - 21h
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  Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze

  The company’s earnings forecast for the fiscal year fell below analysts’ expectations.
  
  Inc. - 1d

• Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook

  CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...
  
  CBS News - 3h
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  Two-thirds of the Earth’s surface experienced record heat in 2024. See where and by how much – visualised

  In oceans and on land, from the north to the south pole, records were smashed for the monthly average temperature. Two-thirds of the world’s surface was scorched by a month or more of ...
  
  The Guardian - 1d
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  How Cisco’s AI defense stacks up against the cyber threats you never see

  Cisco AI Defense is purpose-built to address the security paradox AI creates with its exponential growth in enterprises
  
  VentureBeat - 1d

• China’s record-breaking blockbuster buoyed by patriotic viewers

  ‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewings
  
  Financial Times - 14h

• Amazon surpasses Walmart in revenue for the first time

  Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.
  
  CNBC - 22h

• How Walmart won over wealthy shoppers

  The discounter has gained traction with upper-income shoppers with a larger online assortment and faster online options, like home deliveries.
  
  CNBC - 20h

More from The New York Times

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  Universal’s Theme Parks, Long in Disney’s Shadow, Expand at Dizzying Pace

  Universal is going after Disney, the industry leader, with new parks in Florida and Texas: “We want people to think of us first.”
  
  The New York Times - 7h
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  Why Trump’s Clean Energy Rollbacks Could Derail a Factory Boom

  With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.
  
  The New York Times - 20h
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  I.R.S. Fires 6,700 Employees Amid Tax Filing Season

  The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.
  
  The New York Times - 3h
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  Trump Dismantles Government Fight Against Foreign Influence Operations

  Dozens of employees who had been working to fight foreign interference in U.S. elections have been reassigned or forced out, according to current and former officials.
  
  The New York Times - 19h
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  Amazon Gains Creative Control Over the James Bond Franchise

  The family that has for decades held complete control over everything involving the globe-trotting superspy is relinquishing it to Amazon.
  
  The New York Times - 17m

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