Retail investors talked up five hot stocks during the week (Aug. 17 to Aug. 21) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.
Retail giants Target (TGT) and Walmart (WMT) both topped Q2 earnings expectations this week and raised their full-year outlooks, but investors reacted very differently.
Walmart Inc. (WMT, Financials), the world's largest retailer, is finally opening its checkout lanes to Apple Pay 'and Google Pay. Tap to Pay will start rolling
A number of major retailers still have to release their earnings for the past quarter, including Macy's, Dollar General, Dollar Tree, Kohl's and Dick's Sporting Goods. Discount retailers like Dollar General, Dollar Tree and Five Below have so far excluded tariff refunds from their earnings in past quarters as the refund process remains ongoing, making it difficult to tell how much they've taken in.
Walmart will soon begin rolling out tap to pay as a payment option at Walmart and Sam's Club locations, the company said in a Friday (Aug. 21) press release. The retailer will begin enabling tap to pay at select stores and clubs on Monday (Aug. 24) and plans to roll it out to all U.S.
Charlie O'Shea offers his perspective on the retail trade after Walmart (WMT), Ross Stores (ROST), and Target (TGT) posted varying earnings results. Focusing more on TJX Companies (TJX), he sees the stock's sell-off after earnings as a buying opportunity.
Anthropic prepared for a potential IPO targeting a size comparable with SpaceX's record offering, while Bitcoin climbed above $72,500 on renewed regulatory optimism. Oil prices rose to their highest levels in more than three weeks as tensions surrounding Iran threatened further supply disruptions, while Walmart shares fell sharply despite the retailer raising its full-year financial outlook. Anthropic aims to match SpaceX IPO valuation Anthropic is preparing for a potential public listing that could rival the size of SpaceX's record-setting initial public offering, reported Bloomberg, citing people familiar with the matter. The Claude developer is considering an IPO that could raise $75 billion or more, although discussions remain ongoing and the eventual size could change. SpaceX raised $75 billion at the…
Walmart said it is adding tap-to-pay to its checkout stations starting this week. The tech enables customers to use contactless payment cards, as well as Apple Pay and Google Pay.