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Walmart shares surge, market value hits $500 billion as results impress
Its shares climbed 7 per cent, the most since March 2020, to close at an all-time high of $64
Is Walmart losing its business to Amazon? Fourth quarter results suggest so
The company's total revenue rose 2.1 per cent to $141.67 billion, missing the estimate of $142.49 billion
Walmart International Q2 operating income declines 29.6% due to Flipkart
But the US retail giant is building a collection of strong businesses through Flipkart, says CEO Doug McMillon
Wal-Mart sales grow for 12th straight quarter but margins dip on price cuts
Net income attributable to Wal-Mart during the 2nd quarter ended July 31 fell 23% to $2.9 bn