95.32 -0.11 (-0.12%)
After hours: 7:03PM EDT
|Bid||95.32 x 900|
|Ask||95.49 x 3000|
|Day's Range||94.15 - 95.59|
|52 Week Range||77.50 - 109.98|
|PE Ratio (TTM)||54.59|
|Earnings Date||Nov 15, 2018|
|Forward Dividend & Yield||2.08 (2.20%)|
|1y Target Est||104.00|
Let's check out the Yahoo Finance charts of the day. Walmart (WMT): Shares are up in early trade, at around .18%. BMO Capital rated the retailer's stock "outperform" in new coverage, saying Walmart is uniquely positioned among U.S. retailers for long-term e-commerce profitability. Amazon (AMZN): Shares are up here, at around 1.8%. According to a CNBC report Amazon is planning to release at least eight new Alexa-related products which include a subwoofer, an amplifier and a receiver. The company is expected to show them off at an event this month., Netflix (NFLX): Shares up here, around 2.4%. Netflix tied with HBO in last night's Emmy Awards, with each receiving 23. This marks the first time Netflix has topped the rankings for most Emmy wins after taking third place in 2016 and rising to No. 2 last year. For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.
Traders Joe Terranova and and Jim Lebenthal are joined by Jenny Harrington, CEO and portfolio manager at Gilman Hill Asset Management, and J.J. Kinahan, TD Ameritrade’s chief market strategist, to discuss Walmart's performance.
Big retailers are hustling to speed some shipments through ports and bracing for higher costs next year, but they are hopeful the U.S. decision to impose tariffs on Chinese bicycles, handbags and thousands of other consumer goods won’t hit most holiday items. President Trump said Monday he would slap the new tariffs on about $200 billion in Chinese imports, including typical holiday purchases such as Christmas lights and wrapping paper. Co. already have imported most of their winter items, and the strong U.S. economy will allow retailers and their suppliers to absorb much of the initial costs.
On Tuesday morning, the Silicon Valley-based startup, which competes against tech giants like Amazon.com Inc. ( AMZN), Uber Technologies Inc., and GrubHub Inc. ( GRUB), announced that it has raised another $300 million in venture funding. “We didn’t have plans to raise additional capital,” Postmates Chief Executive Officer (CEO) Bastian Lehmann told Fortune's Term Sheet. “Tiger Global approached us and said it’s time to put some more gas in this machine.
If you bought Netflix (NASDAQ:NFLX) stock at the start of the current recovery, when the price of the shares was in the mid-teens, you are sitting on a gigantic capital gain, as Netflix stock is currently worth more than $360 per share. You may also be suffering from vertigo because Netflix stock peaked at over $400 per share in July and then fell below $340 per share, before starting its latest rally which began in August. The fall of NFLX stock came on fears about slowing subscriber growth, while the latest uptrend was sparked by analysts who told traders to exploit the lower prices.
The British are coming -- and keep coming -- to Walmart Inc. The retailer elevated another U.K. native to its senior leadership Tuesday by tapping Micky Onvural to run Bonobos, the men’s apparel startup it bought last year. Onvural succeeds founder Andy Dunn, who has assumed a broader role across all of Walmart’s digital brands.
VILNIUS, Lithuania (AP) — Walmart has agreed to remove shirts with Soviet emblems from its online shop after three Baltic countries complained about the clothing, Lithuanian authorities said Tuesday.