What Analysts Think of Walmart Stock Ahead of Earnings
Walmart is set to report earnings for the fourth quarter of fiscal 2025 on Thursday morning, with analysts expecting rising sales and profits from the country's biggest retailer.
Walmart is set to report earnings for the fourth quarter of fiscal 2025 on Thursday morning, with analysts expecting rising sales and profits from the country's biggest retailer.
The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders. Xi hosted a symposium in Beijing with the country's top tycoons, including Alibaba founder Jack Ma and Huawei's Ren Zhengfei, although two sources told Reuters there was no sign of Baidu's founder, Robin Li, attending. Baidu did not respond to a request for comment.
Recent Chinese technology breakthroughs are more "micro- and innovation-driven in nature," wrote analysts at Goldman Sachs.
Australian insurance companies fell sharply on Monday after opposition leader Peter Dutton threatened to break them up, accusing them of exploiting customers, as the country prepares for federal elections due by May. In an interview with Sky News, Dutton, leader of the Liberal Party, said that if elected in the federal election, his government would scrutinise insurance industry practices. "In the insurance market, we will intervene to make sure that consumers get a fair go because at the moment people are paying too much for their insurance and what's resulting is that people aren't taking out insurance," Dutton said in the broadcast on Sunday.
(Bloomberg) -- After a year of Wall Street talking about how crowded the hugely popular dispersion trade is, it still appears to be working — and growing. Most Read from BloombergProgressive Portland Plots a ComebackWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayOne sign of its enduring popularity is the surge in Quantit
Goldman Sachs raised its target price for Chinese stocks on Monday, estimating that AI adoption could boost earnings growth and potentially bring in $200 billion of inflows. Chinese tech stocks have been on a strong rally, clocking their best winning streak in over two years last week, boosted by DeepSeek's AI breakthrough, which reignited investor interest in China's technology capabilities. On Monday, Goldman raised its 12-month target price for China's CSI300 index to 4,700 from 4,600.
A run-up in asking prices for newly listed homes in Britain has lost steam ahead of an increase in property purchase taxes, according to a survey published on Monday. Property website Rightmove said the average price of properties put on the market rose by 0.5% between Jan. 12 and Feb. 8 to 367,994 pounds ($464,666), a weaker-than-usual increase for the time of year and a slowdown from a strong rise of 1.7% in the previous four weeks. Colleen Babcock, Rightmove's head of partner marketing, said the March 31 end of the temporary tax break - for buyers in England and Northern Ireland of cheaper homes and for first-time buyers - was having an impact.
History has taught us it’s possible for the economy to flourish and the stock market to rise despite emerging headwinds.
(Bloomberg) -- DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from India.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHedge funds have been piling into Chinese equities at the fastest pace in months as bullishness on the DeepS
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