Shares of Walmart (WMT) are trading higher Thursday, boosted by the company’s first quarter earnings beat, which signaled consumer resilience on spending despite the strain on household budgets. Walmart’s market capitalization also surpassed the $500 billion mark on the heels of its earnings results. Yahoo Finance’s Josh Lipton and Julie Hyman discuss Walmart’s earnings, shedding […]
Tag: cap
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Walmart stock pops after earnings beat, retailer surpasses $500 billion in market cap
Walmart (WMT) wowed Wall Street yet again, causing the stock to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug […]
Walmart shares pop after earnings beat, surpasses $500 billion in market cap
Walmart (WMT) wowed Wall Street yet again, causing shares to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug McMillion […]
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Four of Lower Hudson’s most affluent school districts seek to break tax cap; see chart
They say it takes money to make money. That could be why the only four school districts in the Lower Hudson Valley seeking community permission to break their tax cap for 2024-25 are among New York’s most affluent: Chappaqua, Harrison, Rye and Scarsdale. Those school districts, already plush with programs and staff, are requesting that […]