It turns out that Walmart (NYSE: WMT) is a big player in China's logistics sector. The big U.S. retailer has disclosed in a regulatory filing that it now holds nearly 95 million shares of Dada Nexus Limited (NASDAQ: DADA), a very recent arrival to the stock exchange. That holdin
U.S. stocks advanced on Friday with the tech-heavy Nasdaq hovering near a fresh record high on hopes of a rebound in business activity from a virus-driven downturn, with investors looking past new COVID-19 cases in several U.S. states.
There are growing signs that Walmart (NYSE: WMT) is looking to make healthcare a larger part of its business, and that could be bad news for pharmacy retailers like CVS (NYSE: CVS) and Walgreens Boots Alliance (NASDAQ: WBA).
Arista Networks' (NYSE: ANET) stock hasn't gotten much love lately. The pioneer of cloud-based networking hasn't had the smoothest of transitions since its growth trajectory started to slow a few years ago, and various delays in new product are getting pushed back into 2021. The
U.S. stocks jumped about 1% on Friday with the tech-heavy Nasdaq hovering near a fresh record high on hopes of a bounce back in post-pandemic economic activity, as investors shrugged off rising new COVID-19 cases in several U.S. states.
NEW YORK (Reuters Breakingviews) - Around the time the United States formally abolished slavery in 1865, African Americans owned 0.5% of the United States’ wealth. Today they own under 3%, even though around 13% of the population is defined by the U.S. census as “bla
NEW YORK (Reuters Breakingviews) - Around the time the United States formally abolished slavery in 1865, African Americans owned 0.5% of the United States’ wealth. Today they own under 3%, even though around 13% of the population is defined by the U.S. census as “bla
Chances are that if you weren't already a long-term investor when the year began, the volatility in the stock market over the past four months has taught you a valuable lesson about thinking long term.
India's Reliance Industries Ltd said on Friday it has become net-debt free after raising 1.69 trillion rupees ($22.2 billion) via stake sales in its digital unit and a share sale over the past two months.
Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google could get hit with taxes from the European Union after talks between the U.S. and the EU have broken down.
Shopify's (NYSE: SHOP) stock recently popped after it secured a new partnership with retail giant Walmart (NYSE: WMT). Shopify's merchant clients can now directly sell their products on Walmart's third-party marketplace, and Walmart plans to onboard 1,200 new sellers this year.