Walmart Stock Hits Record High on Beat-and-Raise
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15Aug
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15Aug
Alibaba earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024.Qilai Shen | Bloomberg | Getty ImagesAlibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and...
15Aug
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15Aug
Retail sales July 2024:
An H&M store is seen in Herald Square on July 01, 2024 in New York City. Michael M. Santiago | Getty ImagesConsumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported Thursday.Advanced retail sales accelerated 1% on the...
15Aug
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15Aug
Lockheed Martin to take Terran Orbital private in $450 million deal
Terran Orbital's banner above the New York Stock Exchange on March 28, 2022.Terran OrbitalLockheed Martin is buying Terran Orbital, the company announced Thursday, with the defense giant reaching a deal to take the struggling spacecraft manufacturer private.The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly...
15Aug
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15Aug
Stocks making the biggest moves premarket: ULTA, WMT CSCO
Check out the companies making headlines before the bell. Ulta Beauty — Shares of the beauty retailer popped a whopping 13% in premarket trading after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway took a stake worth $266 million in the second quarter. The bet is relatively minor...
15Aug
Medicare releases prices for first 10 drugs subject to negotiations
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022.Anna Moneymaker | Getty ImagesThe Biden administration on Thursday will release prices for the first 10 prescription drugs that were subject to landmark...
15Aug
UK second quarter GDP
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday, continuing the country's cautious recession rebound.The reading was in line with the expectations of economists polled by Reuters and follows an expansion of 0.7% in the first quarter.Economic growth...