DIRS.INFO The most relevant business & tech news

☆ Retailers jacked up prices and squeezed consumers. They might have just blinked
▼ + stars: | 2024-05-05 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

“There’s just less dollars for consumers to spend.”The challenge for retailers now is to shake consumers out of that frugal mindset. Retail spending has increased in seven of the past 10 months through March. “If you want to convince consumers to spend you have to give them a reason to do so. Lower prices are a clear opportunity to drive people into the store or online.”It’s a lever that Walmart, he said, has pulled forever. Clothing chain H&M told analysts during its most recent earnings call that it, too, would lower prices.

Persons: Sarah Wyeth, ”, Chad Lusk, Alvarez, ” Wyeth, “ There’s, they’re, Zak Stambor, Stambor, Joe Raedle, ” Stambor, “, ” Jesper Brodin, ” Brodin, ” Michaels, ” Ashley Buchanan, Michaels, Lars Daniel Ervér, Frida, Chuck, – CNN’s Bryan Mena Organizations: New, New York CNN —, Ikea, Shoppers, “ Retailers, CNN, Walmart, Ingka, “, Cheese, Stambor Locations: New York, Hallandale Beach , Florida

Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.

Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, —, Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia

☆ A new Walmart in-store AI is giving employees advice on how to sell products before it's too late
▼ + stars: | 2024-04-30 | by ( Michelle Castillo | ) www.cnbc.com time to read: +6 min

The internally developed AI technology allows Walmart employees to scan produce like bananas to see how ripe the product is. Many clothing items are not recyclable, due to being made of blended fabrics. U.S. residents also discard about 11.3 million tons of clothing waste each year, according to Earth.org. Walmart isn't alone in using AI to tackle in-store waste, as several startups are creating tools to solve this growing problem. "When it comes to food waste, there is no silver bullet," said ReFED's executive director Dana Gunders, which has worked with Walmart for a few years on food waste solutions.

Persons: it's, Swati Kirti, Kirti, It's, UCLA Anderson, Sravana Karnati, Dana Gunders, Homer Swei, Swei, Karnati Organizations: Walmart, Walmart International Tech, UCLA, Walmart International Technology, Walmart Global Tech, Retailers Locations: Canada, U.S, United States, Mexico

☆ Walmart will close all of its health care clinics
▼ + stars: | 2024-04-30 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

New York CNN —Walmart, the largest retailer in the United States, will close all 51 of its health care clinics in six states and end virtual health care services, the company said Tuesday. Walmart had made a big push into health care in recent years, opening clinics next to its superstores that offered primary and urgent care, labs, X-rays, behavioral health and dental work in six states — Arkansas, Florida, Georgia, Illinois, Missouri and Texas. Walmart had targeted rural and underserved areas that have a shortage of primary care facilities. The announcement is an abrupt reversal in Walmart’s strategy and may leave a gap in health care access, particularly for lower-income patients without insurance who relied on the clinics. Walmart also said it will end virtual health care services.

Persons: “ Organizations: New, New York CNN, Walmart Locations: New York, United States, — Arkansas, Florida, Georgia , Illinois , Missouri, Texas

Walmart opened its first Walmart Health clinic in Georgia in 2019, and then gradually opened more clinics next door to its big-box stores. Walmart struggled with high executive turnover and cycled through numerous leaders of Walmart Health. Going forward, Walmart will return to the health services it offered before the Walmart Health push: It will continue to operate its thousands of pharmacies and vision centers. Walmart Health marks the latest failed push into health care by a high-profile company, following the disbandment of a joint venture between JPMorgan Chase , Berkshire Hathaway and Amazon in 2021. Meanwhile, Amazon 's health clinic operator One Medical now has more than 125 locations nationwide.

Persons: Brett Biggs, Doug McMillon, Berkshire Hathaway, Walgreens Organizations: Walmart Health, Walmart, CNBC, CVS, Walgreens Boots Alliance, Amazon, JPMorgan Chase, Walgreens Locations: Sugar, Arkansas , Florida, Georgia , Illinois, Texas, U.S, Georgia, Florida

☆ Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
▼ + stars: | 2024-04-29 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Products are seen at an Amazon fulfillment center where they are being sorted and shipped out as same-day orders during Cyber Monday at the Same-Day Delivery Facility Fulfillment Center in Tampa, Florida, on Nov. 27, 2023. The company has said it wants to make same- and next-day delivery the standard, and it plans to double the number of same-day delivery facilities in the U.S. within the next few years. Amazon has already stood up more than 55 same-day delivery sites in the U.S., primarily clustered around major metro areas. Same-day sites also condense the fulfillment process, typically spread across multiple Amazon facilities under one roof. Amazon has bolstered investment in fast shipping as traditional retail rivals Walmart and Target have stepped up their delivery game.

Persons: Andy Jassy Organizations: U.S, Amazon, Amazon's, RBC Capital, Walmart, Target Locations: Tampa , Florida, U.S

☆ We have more insights as to where the economy is headed — and it's not good
▼ + stars: | 2024-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.

Persons: —, TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London

At stake is the role of a wide spectrum of players, from fintech firms to card companies and established banks. Walmart's Fintech startup One is now offering BNPL loans in Secaucus, New Jersey. Buy now, pay later has gained popularity with consumers for everyday items as well as larger purchases. A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Meanwhile, Walmart said last year when its lawsuit became public that it would soon announce a new credit card option with "meaningful benefits and rewards."

Persons: Joe Raedle, Goldman Sachs, Omer Ismail, Hugh Son, BNPL, Jason Mikula, Amazon's, Karma, John Furner, John David Rainey, Dot, " Rainey, Rainey, Morgan Stanley, Walmart's, Yichuan Cao Organizations: Walmart, Getty, CNBC, New Jersey Walmart, Apple, Electronics, Adobe Analytics, Bank of Walmart, Robinhood, Walmart U.S, Coastal Community Bank, Capital, PayPal Locations: Hallandale Beach , Florida, Bentonville , Arkansas, Manhattan, Secaucus , New Jersey, New Jersey, U.S, Mountain View , California, United States

☆ Walmart-backed fintech One introduces buy now, pay later
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart-backed fintech One introduces buy now, pay laterCNBC's Melissa Repko and Hugh Son join 'Power Lunch' to report on. Walmart’s fintech startup One beginning to offer buy now, pay later loans for big-ticket items at some stores in the U.S.

Persons: Melissa Repko, Hugh Son Organizations: Walmart Locations: U.S

☆ Shoplifting's biggest enablers might be the retailers themselves
▼ + stars: | 2024-04-16 | by ( Alex Bitter | Dominick Reuter | ) www.businessinsider.com time to read: +7 min

But Walmart, Target, and other chains's own policies and practices could be worsening the problem. From conflicting policies to understaffing, retailers can make it hard for workers to prevent theft. That's because major retailers, including Walmart, Target, and others, have policies that sometimes prevent their own staff from addressing shoplifting at their stores, current and former employees told Business Insider. Among the report's recommendations for retailers: Hire enough employees at stores, and make sure they aren't constantly overworked. Do you work at Walmart, Target, or another major retailer and have a story idea to share?

Persons: —, Rhea Gordon, Gordon, Lululemon, Calvin McDonald, Santino Burrola, Thea Sebastian, Hanna Love, Sebastian, Love, everything's Organizations: Walmart, Target, Service, Business, BI, CNBC, company's, Futures Institute, Brookings Locations: North Carolina, Colorado, California, Montana

☆ Amazon and Walmart warehouse employees are so surveilled that they're worried about breaking to use bathroom: Oxfam report
▼ + stars: | 2024-04-10 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

Data from two recent surveys, funded in part by Oxfam — the National Survey of Amazon Warehouse Workers and the National Survey of Walmart Warehouse Workers — is included in the report. The results show that a substantial amount of Amazon and Walmart warehouse employees surveyed reported being closely watched by technology while in the workplace. Advertisement"The conditions there are absolutely horrific," one Amazon warehouse worker in Alabama was quoted as saying in the report. The Oxfam report says that at Amazon, warehouse workers "are assigned handheld devices or scanners that record, count, and measure every item they move during their day." One Walmart worker quoted in the Oxfam report alleged that the company's warehouse robots "are treated better than human beings."

Persons: —, Soren Larson, Maureen Lynch Vogel, Vogel, Petion, Suzanne Kreiter, Irit Tamir, they're, Tamir, Abby Maxman Organizations: Oxfam, Amazon, Walmart, Service, Securities, Exchange Commission, Oxfam —, National Survey, Amazon Warehouse Workers, National Survey of Walmart Warehouse Workers, Reuters Amazon, BI, Employees, Boston Globe, Getty, Oxfam America Locations: United States, Amazon, Alabama

☆ Some Walmart Spark drivers are getting hundreds of dollars in tips they never received due to the retailer's buggy system
▼ + stars: | 2024-04-10 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Read previewSome drivers for Walmart's Spark delivery service are now getting hundreds of dollars in tips that they were owed after the retailer fixed a glitch. Some Spark drivers got an email informing them of the payment on Tuesday, according to emails seen by Business Insider. Related storiesOne driver posted a screenshot of a $179.77 adjustment payment on Tuesday to Spark Driver Community, a Facebook group for Spark drivers with just over 30,000 members. AdvertisementTips have long been a contentious topic for Walmart's Spark drivers. Do you work for Walmart Spark, DoorDash, Instacart, or another gig delivery service and have a story idea to share?

Persons: —, wouldn't, Adrian Youngblood Organizations: Service, Business, Walmart, Driver, BI Locations: Ohio

☆ Top Wall Street analysts like these 3 dividend stocks for passive income
▼ + stars: | 2024-04-07 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Investors can turn to the expertise of Wall Street analysts who can identify stocks with long-term growth potential and the ability to generate the solid cash flows needed to support continued dividends. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. (See Walmart Ownership Structure on TipRanks)SLBThis week's third dividend pick is oilfield services company SLB (SLB). SLB stock offers a dividend yield of 2%. (See SLB Stock Buybacks on TipRanks)

Persons: Wall, Kenneth Lee, Lee, TipRanks, Corey Tarlowe, Tarlowe, Goldman Sachs, Neil Mehta, Mehta Organizations: Walmart, Wall Street, OneMain Holdings, RBC Capital, OneMain, Jefferies Locations: Hallandale Beach , Florida, TipRanks

☆ Hungry at 3 am? You’re out of luck now
▼ + stars: | 2024-04-06 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Not even all of 24 Hour Fitness’ gyms — the promise is right in its name — are 24 hours. The city that never sleeps, New York, has lost 13% of its 24-hour restaurants. Around half of IHOP’s 1,800 locations are back to being open 24 hours on Friday and Saturday, at the very least. Ed Endicott/Alamy Stock Photo/FilePete’s was open 24 hours, seven days a week from the 1990s until the pandemic hit in 2020. Despite the signage, Mi Tierra is no longer open 24 hours in San Antonio, Texas.

Persons: hasn’t, Waffle, ”, Alex Barakos, Ed Endicott, Pete’s, Barakos, “, Hudson Riehle, Edward Hopper’s, Harold, Kumar Go, Stephen Zagor, Pete Cortez, Michael Silver Geo, “ There’s, ” Cortez, ’ ” Cortez Organizations: New, New York CNN, Walmart, Hollywood, Alamy, Bureau of Labor Statistics, “, National Restaurant Association, Edward Hopper’s Nighthawks, Columbia Business School, of Locations: New York, Covid, Los Angeles, Chicago, Denver, Philadelphia, White, ”, New York City, San Antonio, Mi, San Antonio , Texas, Tierra, tuxedos

☆ Walmart, Chipotle are splitting the wealth of a record stock market in a way they haven't in decades
▼ + stars: | 2024-03-31 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

For Chipotle, it's the first stock split in the company's 30-year history, and its announcement echoed Walmart's. Both are hoping, through the availability of an employee stock purchase plan and financial education, they'll get more workers to invest. Chipotle, even further out on the market chart, has shares nearing $3,000 — its stock split is to be effective June 26. ESPP versus fractional sharesEven without a stock split, employees could have already purchased shares of their company, or at least fractional shares, through a brokerage account. Company stock and financial educationSplitting a stock and having a generous ESPP can only go so far when it comes to encouraging employees to buy the company stock.

Persons: they'll, Michael Kestenbaum, Chipotle, Dan Kapinos, Clemens Kownatzki, Aalap Shah, Pearl Meyer, SoFi, Kownatzki, Larry Fink, Kestenbaum Organizations: Walmart, Companies, West Coast, Google, Pepperdine Graziadio Business, Khan Academy, Lyra Health Partners, Bank of America, Employees Locations: Aon

☆ I got deactivated from the Walmart Spark app after I got in a car accident. I wasn't even working when it happened.
▼ + stars: | 2024-03-30 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Business Insider has verified Youngblood's identity and former work for Spark. That's when I got a "pre-adverse action" email from Spark, which had found out after running a background check. If you're going to deactivate somebody, you need to say what the grounds are. If I was delivering for Spark and I caused an accident, I would not fight it at all. Walmart doesn't insure me or my car or anything, so they can't claim that I'm going to cost them more going forward.

Persons: —, Adrian Youngblood, Walmart's, I've, that's Organizations: Service, Business, Walmart Locations: an Ohio

☆ Top tech and business trends face off in our March Madness bracket
▼ + stars: | 2024-03-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at results from our business, tech, and innovation bracket and voting on the semifinal matchups . In case you missed it, we created a bracket with eight of the biggest topics in business, tech, and innovation . But social media has been around so long, it's truly embedded in our DNA. Former employees are suing the social media agency that manages OnlyFans accounts for top influencers like Tana Mongeau and Abby Rao.

Persons: —, it's, Chelsea Jia Feng, Let's, BlackRock's Larry Fink, Joe Biden, Donald Trump, We've, Ray Dalio, Xi Jinping, LEI, Julio Cortez, Marissa Mayer's, Sam Bankman, Fried, Lewis Kaplan, Tana Mongeau, Abby Rao, Cowboy Carter, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Service, Business, Boomers, Getty, Bridgewater Associates, Walmart, BI, Amazon, ChatGPT, Yahoo, didn't Locations: China, Bankman, New York, Chicago

☆ You're probably throwing out perfectly good food because 'sell by' and 'best before' dates mean nothing. Retailers like Amazon are backing a bill that could change that.
▼ + stars: | 2024-03-28 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Retailers like Amazon support a bill that would require two labels: "best if used by" and "use by." Related storiesClearing up the confusion can avoid food waste, save people money, and help tackle the climate crisis. Reducing food waste is a way for companies to make progress on their sustainability goals, Melgar added. These advocates said the main question from Republican lawmakers is whether the food industry supports the bill. "Voluntary initiatives were a great first start in socializing this idea of consumer confusion over date labels," she said.

Persons: Tori Oto, Oto, Nestlé, Danielle Melgar, Melgar, Kroger Organizations: Service, Harvard Law School Food Law, Policy Clinic, Agriculture Department, Congress, Whole Foods, Kroger, Walmart Locations: Washington

For a limited time, you can get the 85- and 75-inch versions of TCL's QM8 4K TV for a rare low price. Amazon shoppers can snag 48% off the 75-inch model or grab the massive 85-inch model for a new all-time low price. The TCL QM8 holds its own against much pricier QLED TV models from brands like Samsung. For more details, check out our full TCL QM8 QLED 4K TV review. And for more TV discounts, check out our roundup of all the best TV deals.

Persons: we've, QM8 Organizations: Business, Walmart, Samsung

☆ Dollar General will remove self-checkout from 300 stores to prevent shoplifting
▼ + stars: | 2024-03-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

The company is pulling out self-checkout stands in 300 stores that have the highest levels of shoplifting and merchandise losses. In 9,000 other stores, Dollar General is converting some or all of its self-checkout registers to regular checkout with cashiers. And in another 4,500 or so stores, Dollar General is limiting self-checkout to purchases of five items or less. Vasos said Dollar General made the decision after using artificial intelligence to analyze hundreds of thousands of purchases at self-checkout. Like other retailers, Dollar General bet self-checkout would reduce its labor costs and speed up checkout for customers.

Persons: Todd Vasos, Vasos, ShopRite Organizations: New, New York CNN —, Walmart, Target, cashiers Locations: New York, United States, Britain, British, New Mexico, Delaware

☆ Dollar General is taking checkout back out of your hands because of theft
▼ + stars: | 2024-03-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Dollar General is pulling self-checkout options out of 300 stores. The dollar store is also getting employees involved again at thousands more. AdvertisementRival dollar store chain Dollar Tree said Wednesday that it would close 1,000 stores under its Family Dollar brand, citing theft as one of the factors it considered when deciding which stores to close. Since then, Dollar General has used AI to evaluate its self-checkouts, he said. AdvertisementDo you work at Dollar General, Dollar Tree, or Family Dollar and have a story idea to share?

Persons: —, Todd Vasos, Vasos, isn't Organizations: Service, Walmart, Dollar Locations: reassessing

☆ This veteran investor is buying 'old economy' stocks that are embracing AI
▼ + stars: | 2024-03-09 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Tengler named several attractively valued stocks she called the "picks and shovels" of AI, including Emerson Electric , L3Harris Technologies , Visa , Walmart and McDonald's . These companies are expected to boast continued strong growth and stock performance, aided by AI, she said. "Generative AI is much more compelling of a story than then the internet was in many ways," in terms of fueling productivity and growth, Tengler said. Walmart, another of Tengler's top "old economy" AI plays, has gained 14.4% so far this year, double the broader market. "They've benefited from embracing not just robotics and digitization, but generative AI in their e-commerce business and in improving margins," Tengler said of Walmart.

Persons: Nancy Tengler, Tengler, Berenberg, Emerson, L3Harris, Seth Seifman, They've, they've Organizations: Investments, Nvidia, Meta, Emerson Electric, L3Harris Technologies, Visa, Walmart, Aerospace, Defense Department, JPMorgan, Broadcom, Amazon, Microsoft Locations: Arizona, Friday's, Melbourne , Florida

☆ Grocers are trying to get orders to your door faster than ever — here's why
▼ + stars: | 2024-03-07 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

Walmart expanded its same-day delivery offering to allow shoppers to get online purchases dropped off earlier in the morning. With same-day deliveries, the three retailers are not only trying to outmatch one another on convenience. With Target's announcement this week, Walmart, Target and Kroger will all have paid membership programs with home deliveries as one of the benefits. Kroger has used online delivery to break into new regions of the country, including Florida, without opening a single grocery store. Walmart and Target both beat Wall Street's sales expectations for the holiday quarter, but said shoppers are still very value-focused.

Persons: Kroger, Michael Baker, Davidson, Davidson's Baker, John David Rainey, Rodney McMullen, That's, McMullen, We've Organizations: Target, Walmart, D.A, Kroger, Costco, Albertsons, FTC, Wall Locations: U.S, Florida

☆ Retailers turn to an unlikely source to boost profits. Walmart shows how powerful this lever could be
▼ + stars: | 2024-03-05 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

There are three main routes through which retailers like Walmart benefit from advertising, Tarlowe said. The focus in retail advertising once transitioned from in-store to retailer websites with the e-commerce boom, Gutman said. Walmart: The pack leader With the deal, Walmart appears ahead of the retail pack, Gutman said. Connected TV is also just one part of a broader tide-change that's bolstering optimism on the stock, analysts told CNBC Pro. Other retail ideas Beyond Walmart, analysts said retailers need size and scale to perform well within off-site advertising.

Persons: Jefferies, Corey Tarlowe, Tarlowe, Morgan Stanley, Matt, Simeon Gutman, Gutman, it's, Roku, FactSet, Warren Buffett, Franklin Templeton, Dan Niles Organizations: Walmart, Intelligence, Retailers, Albertsons, CNBC, P Retail, Costco, Target, FactSet, TGT, Nvidia, & & , & & () Locations: Arkansas, Vizio

☆ The trader set-up on Target into earnings next week and a lower-cost way to bet on the stock
▼ + stars: | 2024-02-29 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Target reports earnings next Tuesday. Let's review the set-up on Target into the numbers and a lower cost way using options to get long the name. Consequently Target's share price has been much more volatile after reporting quarterly earnings. TGT 6M mountain Target, 6 months Target options prices are, a bit like the prices inside the retailers themselves, more expensive than Walmart's, deservedly given the big moves it's share price has seen. Because the share price needs to rise by almost 5% to see profits, the probability of profit is reduced.

Persons: deservedly Organizations: Walmart, Target, supercenters, Retailing Locations: U.S

Search resuls for: ". Walmart"

25 mentions found