Rapid Reads News

HOMEcorporateentertainmentresearchmiscwellnessathletics

Walmart earnings, ESPN's new streaming app, EU tariff updates and more in Morning Squawk

By Alex Harring

Walmart earnings, ESPN's new streaming app, EU tariff updates and more in Morning Squawk

Here are five key things investors need to know to start the trading day:

Tariffs aren't stopping Walmart. The U.S.' largest grocer and private employer hiked its full-year outlook for earnings and sales on Thursday, even as levies push up costs. The Arkansas-based retailer beat Wall Street's expectations for second-quarter revenue, but shares of the company still dropped more than 3% before the bell. Walmart's results mark the end of a string of earnings reports from major retailers this week -- a closely watched indicator for clues into the health of American consumers. Follow live markets updates here.

Previous articleNext article

POPULAR CATEGORY

corporate

4953

entertainment

6193

research

3027

misc

6059

wellness

5076

athletics

6322