Walmart Stocks Down after Warning on Future Consumer Spending

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 - 4h

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 - 21h

Meta slashes staff stock awards as group embarks on AI spending drive

Most employees will receive about 10% less equity options this year

Financial Times - 18h

Walmart’s stock continues to drop despite ‘near-term buying opportunity’

Walmart Inc.’s stock continued its downward path Friday after a brutal selloff in the previous session, as investors brushed aside positive comments from J.P. Morgan and other analysts.

MarketWatch - 2h

Why Walmart’s warning may have more to do with weight-loss drugs than tariffs

Walmart’s stock fell Thursday as quarterly earnings were expected to decline for the first time in three years, with strength in groceries and GLP-1 drug sales continuing to pressure margins.

MarketWatch - 15h

These are the factors weighing on Block’s stock after earnings

Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.

MarketWatch - 17h

Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown

Royal Caribbean was the hardest hit.

CNBC - 21h

Jim Cramer says our newest stock is a buy after dipping on slow start to 2025

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CNBC - 1h

Consumers turn to renting chickens as egg prices soar

As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.

CBS News - 1h

Consumer sentiment sours as worries grow over outlook for U.S. economy

Confidence dropped 10% from January to the lowest level since late 2023.

MarketWatch - 2h

U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans

The Consumer Sentiment Index hit its lowest reading since November 2023.

Inc. - 27m

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 - 21h

Spurs shutting down Wembanyama for season

Spurs star Victor Wembanyama is expected to miss the remainder of the season with deep vein thrombosis in his right shoulder.

ESPN - 12h

Collins: Spending negotiations ‘not going well’ ahead of March shutdown cliff

Politico - 1d

Is spending all day on your feet at work an occupational hazard?

Spending all day standing can take a toll on a worker’s body

ABC News - 1d

DOGE Puts $1 Spending Limit on Government Employee Credit Cards

The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.

Wired - 1d

Walmart Racks Up Sales Record but Sees Slower Growth Ahead

The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.

The New York Times - 23h

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

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

Keir Starmer urged to ramp up defence spending – UK politics live

This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...

The Guardian - 3h

Every hour children spend on screens raises chance of myopia, study finds

Experts warn young people should have limited use of devices and spend more time outdoors. Every hour young people spend in front of screens increases their chance of being shortsighted, ...

The Guardian - 2h

White House pushes back on criticism of Trump spending cuts

White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...

CBS News - 1h

FinCEN Sets New Deadline and Teases Future Leniency With CTA

The Financial Crimes Enforcement Network also dangled a carrot in front of smaller enterprises.

Inc. - 1d

Fired federal workers see their dreams shattered and an uncertain future

As the Trump administration hacks away at government agencies, many employees who were cut are left fearing for their future and in the dark about their next steps.

ABC News - 20h

‘To say there’s no future is counterproductive’: metal megastars Architects on grief, climate and hope for humanity

Consumed by anger and still mourning a brother and bandmate, the British quartet have written their masterpiece. They explain how they’re fighting self-loathing and trying to age responsibly. In a ...

The Guardian - 13h

Consumers turn to buying or renting hens as egg prices soar, but it may not help you save

Amid the rising costs of eggs, some consumers are looking for alternatives. Across the country, some hatcheries said they're seeing more interest in buying chickens, but experts warn you may not ...

CBS News - 3h

Johnson plays down DOGE checks at CPAC

Politico - 22h

Downing Street rejects plan for legal migration cap

Officials had been studying hard limit as way to reduce numbers

Financial Times - 2h

Aviation industry warns travellers of soaring fares

Yahoo News - 8h

Warmer weather brings rain and wind warnings

It may be warmer but the weather will be wet and windy over the coming days.

BBC News - 8h

Don’t mention the war: in Germany, politicians are hiding the truth about defence spending | Paul Taylor

By centring the discourse on immigration, MPs have handed support to the far right – and hidden a ticking economic timebomb from voters. The candidates to lead Germany’s next government are ...

The Guardian - 1d

Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years

Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.

Wired - 22h

Walmart’s Latest Employee Video Looked Familiar. So I Went Back to the Archives

If you see a big company doing the same thing over and over again, maybe it’s time to consider copying it in your business.

Inc. - 8h

USAID Climate Programs Fighting Extremism and Unrest Are Closing Down

Heat, drought and floods are growing security risks, Western defense officials say, feeding instability and violence that could prove costly in the long term.

The New York Times - 2d