Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
Category: Company Reports
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Walmart Expects Growth Streak to Continue as New Chief Takes Over
The New York Times – Business: -
Sales at McDonald’s Rise, Driven by Value Meals and Grinch Socks
The New York Times – Business:Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
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New Kraft Heinz CEO Says Food Company Won’t Split, for Now
The New York Times – Business:The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers.
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Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
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Tesla Profit Slumps, but Investors May Not Care
The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.
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Starbucks Says Turnaround ‘Ahead of Schedule’ as Sales Rebound
The coffee chain’s stock jumped after a better-than-expected earnings report.
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UPS Will Cut Up to 30,000 Jobs in 2026
The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.
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UPS Will Cut Up to 30,000 Jobs in 2026
The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.
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G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
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Earnings Fall Short at Bank of America, Citi, JPMorgan and Wells Fargo
This week, Bank of America, Citi, JPMorgan and Wells Fargo released fraught earnings reports as President Trump’s threatened cap on credit card rates loomed large.
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Delta Offers Optimistic Outlook as Travelers Continue to Splurge
Delta Air Lines said it was expecting profits to rise by around 20 percent in 2026 thanks to strong demand for premium tickets.