Key Points Walmart's revenue this past quarter rose by 7% when compared to the previous year. For the full year, however, it projects a slowdown in its growth rate due to challenging macroeconomic conditions. 10 stocks we like better than Walmart › Big-box retailer Walmart (NASDAQ: WMT) reported earnings last week, and they failed to impress investors. By the end of the week, the stock was down 8%...
Key Points Walmart's revenue this past quarter rose by 7% when compared to the previous year. For the full year, however, it projects a slowdown in its growth rate due to challenging macroeconomic conditions. 10 stocks we like better than Walmart › Big-box retailer Walmart (NASDAQ: WMT) reported earnings last week, and they failed to impress investors. By the end of the week, the stock was down 8% on the news, pushing its valuation below the $1 trillion mark. Walmart has been a top stock to own in recent years and has been a bit of a safe haven investment given its diversified business model. Its business remains solid, and the stock also offers a modest dividend that yields 0.8%. Is now a good time to add the blue chip stock to your portfolio? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Why have investors turned bearish on Walmart's stock? Walmart's revenue looked good in the company's most recent quarter, which ended on April 30, as it rose by more than 7% to $177.8 billion. That's a solid growth rate in retail, where many businesses have struggled due to challenging economic conditions. Investors, however, are growing concerned about the near-term and how rising oil prices may impact the business and its customers, as prices may keep rising. Walmart's guidance reflects that nervousness, with the company projecting a net sales growth rate between 4% and 5% for the current quarter, and the range drops to 3.5% and 4.5% when looking at the full year. While the slowdown is modest, it's a notable decline from the solid start to the year. Investors wasted no time in dumping the retail stock due to the headwinds and uncertainty ahead. Its high valuation certainly didn't help, either, as that may have given bearish investors even more of a reason to sell. Walmart's stock remains fairly expensive Alt...
天文台發出今年首個酷熱天氣警告 上水、大埔及將軍澳等最高溫度達32、33度 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】天文台發出今年首個酷熱天氣警告，上水、大埔及將軍澳等區早上最高溫度已達32至33度。 中午...
天文台發出今年首個酷熱天氣警告 上水、大埔及將軍澳等最高溫度達32、33度 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】天文台發出今年首個酷熱天氣警告，上水、大埔及將軍澳等區早上最高溫度已達32至33度。 中午時分，將軍澳海旁有人冒着炎熱天氣跑步，亦有人舉傘遮擋太陽。天文台表示高空反氣旋正覆蓋廣東沿岸及南海北部，未來兩三日持續為廣東沿岸帶來酷熱天氣。衞生署提醒市民預防高溫引發的疾病，適時補充水分。
Pessimism is probably “a bigger problem than climate change”, said the novelist Ian McEwan on Monday afternoon, as temperatures broke May records in the UK. McEwan “constantly” hears people say that they don’t “expect their children to have as good a life as they did”, but suggested that optimism is a “moral duty”. McEwan’s latest book, What We Can Know, is partly set in 2119, in a Britain submerg...
Pessimism is probably “a bigger problem than climate change”, said the novelist Ian McEwan on Monday afternoon, as temperatures broke May records in the UK. McEwan “constantly” hears people say that they don’t “expect their children to have as good a life as they did”, but suggested that optimism is a “moral duty”. McEwan’s latest book, What We Can Know, is partly set in 2119, in a Britain submerged by seas. He spoke at the Hay festival on a panel alongside the former NFU president Minette Batters and Sandi Toksvig, on a day that saw temperatures in London reach 34.8C, beating a May record set in 1922. McEwan went on to say that optimism is an “exercise in rationality”, because it’s “quite possible” – given that “the world is big, cultures are diverse” – that “there could be a revolution happening and we don’t even know about it”. He referred to the “historical moment” in 2020 when electricity generated from renewable sources outpaced that generated from gas and coal plants in the UK. “We were probably too busy with Covid to even notice”. He added that “self-interest might be a very good first step” towards progress on the climate crisis. “If you’ve knocked, say, £150 off your annual bill by having a few panels on your balcony – if you happen to have a balcony – the next step will feel slightly virtuous. It’s a nudge, basically.” Batters, who led the government’s farming profitability review last year, said that farmers “do not know what is coming next” due to extreme weather. “Last year, in my 26 years of farming, I’ve never had a year like it,” she added. “We produced 50% of our normal hay crop, 50% of our normal silage crop.” Uncertainty for farmers is heightened by “all the political shenanigans, the changes”, she said. Batters’s review highlighted that just 7% of farmers in England fully understand “Defra’s vision for farming”. “Farmers don’t know what the national plan is, and the government doesn’t know what the individual plans are on the farm,” she continue...
Serve Robotics (SERV 0.91%) has a relatively modest market capitalization of $680 million, but it has big aspirations. The company develops autonomous last-mile logistics solutions to reduce the cost of making small-scale deliveries, which it believes could be a $450 billion opportunity by 2030. Serve's latest Gen3 autonomous robot is already making food deliveries through DoorDash and Uber Eats, ...
Serve Robotics (SERV 0.91%) has a relatively modest market capitalization of $680 million, but it has big aspirations. The company develops autonomous last-mile logistics solutions to reduce the cost of making small-scale deliveries, which it believes could be a $450 billion opportunity by 2030. Serve's latest Gen3 autonomous robot is already making food deliveries through DoorDash and Uber Eats, which is contributing to a surge in the company's revenue. In fact, its top line soared by an eye-popping 578% year over year during the first quarter, and management's guidance suggests even faster growth is ahead. Serve stock is down 50% from its 52-week high, so could this be the ultimate buying opportunity for investors? The answer isn't exactly straightforward, and I'll explain why. Robots could be the future of last-mile logistics It currently costs up to $10 to deliver food from a restaurant to a consumer through existing human-driven methods. Serve believes its Gen 3 autonomous robots can reduce that cost-per-delivery to just $1, lowering prices for consumers and increasing profit margins for restaurants and delivery platforms like Uber Eats and DoorDash. Serve has deployed 2,000 robots across 20 U.S. cities so far. They are powered by Nvidia's Jetson Orin platform, which includes the hardware and software necessary to achieve Level 4 autonomy. This means Gen 3 robots can autonomously drive on sidewalks within designated areas, with zero human intervention. In January, Serve acquired another company called Diligent, which developed a similar Nvidia-powered robot called Moxi. It was designed specifically for hospitals, where it transports medication, supplies, and lab samples across departments so nurses can spend less time running around and more time helping patients. By adding Moxi to its fleet, Serve immediately unlocked a new market in healthcare and doubled its geographic footprint to 44 U.S. cities. But the company is far from done, as it plans to go global du...
Morgan Stanley’s Andrew Slimmon, who runs the firm’s Global Strategies group, delivered a contrarian message on Barron’s Streetwise podcast that cuts against the prevailing wisdom on Wall Street. The most common question he hears from individual investors right now: “I don’t get why the stock market is at an all-time high.” His answer reframes the ... The Anatomy of a Disconnect: How $4.35 Trillio...
Morgan Stanley’s Andrew Slimmon, who runs the firm’s Global Strategies group, delivered a contrarian message on Barron’s Streetwise podcast that cuts against the prevailing wisdom on Wall Street. The most common question he hears from individual investors right now: “I don’t get why the stock market is at an all-time high.” His answer reframes the ... The Anatomy of a Disconnect: How $4.35 Trillion in Corporate Profits Cleared the Way for Record Highs
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Canada’s oil sector became increasingly agitated this spring as the federal government closed in on a carbon pricing deal with Alberta, arguing the policy was knee-capping their global competitiveness. Prime Minister Mark Carney nevertheles...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Canada’s oil sector became increasingly agitated this spring as the federal government closed in on a carbon pricing deal with Alberta, arguing the policy was knee-capping their global competitiveness. Prime Minister Mark Carney nevertheless struck a deal that kept the industrial carbon price in place, but with a much slower pace of increases than planned under his predecessor Justin Trudeau. Looking back on it, Energy Minister Tim Hodgson believes oil executives were primarily protesting that they weren’t at the table for those talks. That’s about to change , he told me in an interview. Negotiations will now start on building the Pathways carbon capture system, a mammoth project that would capture carbon dioxide from multiple facilities and transport it to an underground storage hub. The plan is to sign a trilateral memorandum of understanding between oil companies and both levels of government on how to proceed. The carbon pricing deal envisions Pathways being built in stages, with the first phase up by 2035 and targeting 6 million metric tons of annual emissions reductions. After that, technology advances should allow for more cost-effective options, Hodgson said. In the meantime, Carney and Hodgson are offering oil sands operators a grand bargain: build Pathways, and we’ll fast-track the regulatory approval of a crude oil pipeline to the Pacific coast. For that project to proceed on schedule, the Pathways MOU likely needs to be signed before October. Hodgson told me he’s confident the oil sector can absorb the cost of Pathways, given the structure of the carbon pricing deal. Alberta Premier Danielle Smith has said she expects a carbon capture deal to be finalized over the summer . The governments are fully on board; the question is whether the heads of Canada’s largest oil firms see it the same way. Also ...
Here's a question worth sitting with: Before a large language model can do anything useful, who prepares the data that trains it? Someone has to collect it, label it, clean it, annotate it, and structure it into something a model can actually learn from. That unsexy, mission-critical process is exactly what Innodata (INOD 3.10%) does for seven of the world's largest technology companies. Think of ...
Here's a question worth sitting with: Before a large language model can do anything useful, who prepares the data that trains it? Someone has to collect it, label it, clean it, annotate it, and structure it into something a model can actually learn from. That unsexy, mission-critical process is exactly what Innodata (INOD 3.10%) does for seven of the world's largest technology companies. Think of Innodata as the editorial team behind the artificial intelligence (AI) revolution. The flashy product launches get the headlines. Innodata gets the work orders. What's changed recently with the ticker is what makes this story more compelling than it was two years ago. Innodata isn't just labeling data anymore. The company has been expanding into fine-tuning, deploying, and integrating AI models, moving itself up the value chain from a vendor to something closer to an AI engineering partner. Expand NASDAQ : INOD Innodata Today's Change ( -3.10 %) $ -3.05 Current Price $ 95.48 Key Data Points Market Cap $3.1B Day's Range $ 93.84 - $ 101.50 52wk Range $ 34.23 - $ 114.77 Volume 1.7M Avg Vol 1.6M Gross Margin 40.66 % In January, Palantir Technologies (PLTR 0.39%) selected Innodata to provide specialized data engineering and annotation services for its expanding AI platform deployments. Palantir is one of the most sophisticated AI operators in the world, and it chose Innodata to handle complex, multimodal data work -- video, imagery, documents, and sensor data. That kind of client validation carries real weight. That same month, Innodata was awarded a prime contract position on the U.S. Missile Defense Agency's SHIELD IDIQ program -- a 10-year contract vehicle for AI-related defense work. This is part of the company's newer federal business unit, which it launched in late 2025 specifically to pursue defense, intelligence, and civilian agency contracts. Government AI spending is accelerating, and Innodata is now positioned at the table. Expand NASDAQ : PLTR Palantir Technologies T...
Investors scouring the universe of dividend stocks often feel as though they're forced to trade share price appreciation for equity income. It's possible, perhaps likely, that the sentiment is amplified with defensive sectors with above-average yields, such as consumer staples and utilities. However, the quest for reliable dividends and market-matching (or beating) performance isn't the search for...
Investors scouring the universe of dividend stocks often feel as though they're forced to trade share price appreciation for equity income. It's possible, perhaps likely, that the sentiment is amplified with defensive sectors with above-average yields, such as consumer staples and utilities. However, the quest for reliable dividends and market-matching (or beating) performance isn't the search for the holy grail. With a bit of legwork, investors can find the alluring combination of dependable dividends and growth-stock-like behavior in select consumer staples stocks. That's a relief for market participants, particularly those who want to diversify technology-heavy portfolios without sacrificing much upside over the next several years. These two consumer staples stocks may be ideal five-year plays for investors seeking artificial intelligence (AI) buffers at a time when that trade seems to be commanding the entire market. Costco stock membership has its privileges In no way, shape, or form is Costco Wholesale (COST 2.14%) cheap. It trades at nearly 57 times earnings, and with its May 20 close around $1,073, there's ongoing talk about a possible share split, which the company hasn't done since 2000. Bottom line: Investors will pay up to get involved with this stock. The juice may be worth the squeeze, particularly when considering the stock is proving resilient in the face of increasingly anxious, price-sensitive consumers. Plus, there's a burgeoning international business that's positioned to be an important contributor to top- and bottom-line growth in the years ahead. Another point in favor of this stock's five-year outlook is a prescient management team that doesn't rest on past accomplishments. Some members of the sell-side community have lauded Costco management for being both disciplined and willing to smartly dabble and innovate on some fronts. That's a tough balancing act, but Costo gets it done. Expand NASDAQ : COST Costco Wholesale Today's Change ( -2.14 %)...
Key Points ConocoPhillips expects to add an incremental $7 billion in annual free cash flow by 2029. Kinder Morgan has growth capital projects lined up to enter service through the middle of 2030. These companies should have plenty of fuel to continue increasing their dividends. 10 stocks we like better than ConocoPhillips › Dividend stocks often make excellent long-term investments. The best ones...
Key Points ConocoPhillips expects to add an incremental $7 billion in annual free cash flow by 2029. Kinder Morgan has growth capital projects lined up to enter service through the middle of 2030. These companies should have plenty of fuel to continue increasing their dividends. 10 stocks we like better than ConocoPhillips › Dividend stocks often make excellent long-term investments. The best ones produce attractive dividend income that grows at a healthy rate each year. Some companies are in a better position than others for dividend growth. ConocoPhillips (NYSE: COP) and Kinder Morgan (NYSE: KMI) stand out due to their visible growth profiles and strong track records of increasing their payouts. Those factors make them compelling dividend stocks to buy and hold for the next five years. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » High-octane dividend growth for years to come ConocoPhillips has built one of the deepest, most durable, and diverse portfolios in the oil and gas industry. The energy company has decades of oil and gas resources with a cost of supply below $40 a barrel. That enables it to generate lots of cash flow in any market environment. The oil company is entering a major growth phase. It's investing in several longer-cycle capital projects that should start producing over the next several years, including three liquefied natural gas (LNG) export facilities that should come on line over the next few years. It's also investing $7 billion into its Willow project in Alaska, which should start up in 2029. And the company expects to capture another $1 billion of cost savings and margin enhancements related to its acquisition of Marathon Oil next year. These catalysts should provide the company with $7 billion of incremental annual free cash flow by 2029. The company is working to enhance and extend its growth profile. It has recently signed two deals to purchase L...
Bolivian President Rodrigo Paz said on Monday he would slash his salary by 50 per cent to try to end weeks of anti-government protests. But the announcement by the centre-right leader fell on deaf ears, with protesters calling for his resignation and clashing again with police in the Andean city of La Paz. The US-backed Paz has made various gestures aimed at ending a popular revolt that has explod...
Bolivian President Rodrigo Paz said on Monday he would slash his salary by 50 per cent to try to end weeks of anti-government protests. But the announcement by the centre-right leader fell on deaf ears, with protesters calling for his resignation and clashing again with police in the Andean city of La Paz. The US-backed Paz has made various gestures aimed at ending a popular revolt that has exploded just six months into his presidency. Advertisement The demonstrations have radicalised since trade unions began protesting in early May for salary increases, stable fuel supplies and sounder economic management. Speaking in the southeastern city of Sucre, the president said he had decided “as part of his efforts and commitment to the country, to reduce his salary by 50 per cent”. Advertisement
Big-box retailer Walmart (WMT 0.88%) reported earnings last week, and they failed to impress investors. By the end of the week, the stock was down 8% on the news, pushing its valuation below the $1 trillion mark. Walmart has been a top stock to own in recent years and has been a bit of a safe haven investment given its diversified business model. Its business remains solid, and the stock also offe...
Big-box retailer Walmart (WMT 0.88%) reported earnings last week, and they failed to impress investors. By the end of the week, the stock was down 8% on the news, pushing its valuation below the $1 trillion mark. Walmart has been a top stock to own in recent years and has been a bit of a safe haven investment given its diversified business model. Its business remains solid, and the stock also offers a modest dividend that yields 0.8%. Is now a good time to add the blue chip stock to your portfolio? Why have investors turned bearish on Walmart's stock? Walmart's revenue looked good in the company's most recent quarter, which ended on April 30, as it rose by more than 7% to $177.8 billion. That's a solid growth rate in retail, where many businesses have struggled due to challenging economic conditions. Investors, however, are growing concerned about the near-term and how rising oil prices may impact the business and its customers, as prices may keep rising. Walmart's guidance reflects that nervousness, with the company projecting a net sales growth rate between 4% and 5% for the current quarter, and the range drops to 3.5% and 4.5% when looking at the full year. While the slowdown is modest, it's a notable decline from the solid start to the year. Investors wasted no time in dumping the retail stock due to the headwinds and uncertainty ahead. Its high valuation certainly didn't help, either, as that may have given bearish investors even more of a reason to sell. Expand NASDAQ : WMT Walmart Today's Change ( -0.88 %) $ -1.07 Current Price $ 120.27 Key Data Points Market Cap $959B Day's Range $ 118.91 - $ 121.95 52wk Range $ 93.43 - $ 135.16 Volume 30.3M Avg Vol 19.3M Gross Margin 23.48 % Dividend Yield 0.80 % Walmart's stock remains fairly expensive Although Walmart's stock went off a small cliff recently, it still trades at 42 times its trailing earnings, which is well above the S&P 500 average of 26. Investor bullishness has pushed the stock up to exceedingly high lev...
(RTTNews) - Canadian stocks surged again on Monday after ending last week with three consecutive sessions of gains as signals of a U.S.-Iran peace deal continue to grow stronger. After opening above previous week's close, today the benchmark S&P/TSX Composite Index initially gained momentum to hit a new intra-day record high of 34,846.50 and then gave ground but traded firmly positive throughout t...
(RTTNews) - Canadian stocks surged again on Monday after ending last week with three consecutive sessions of gains as signals of a U.S.-Iran peace deal continue to grow stronger. After opening above previous week's close, today the benchmark S&P/TSX Composite Index initially gained momentum to hit a new intra-day record high of 34,846.50 and then gave ground but traded firmly positive throughout the rest of the session before settling at 34,830.89, up by 359.53 points (or 1.04%). Ten of the 11 sectors posted gains today, with the materials sector leading the pack. Efforts to end the nearly three-month-long U.S.-Israel versus Iran war intensified over the past few days. Through Truth Social, U.S. President Donald Trump messaged that negotiations with Iran are proceeding well but emphasized that either there will be a great deal for all or no deal at all, and warned that if war resumes, it would be bigger and stronger than before. Trump mentioned that during the discussions he had with the leaders of Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan, and Bahrain he had insisted those countries to mandatorily sign on to the Abraham Accords to make the settlement with Iran a historically significant deal. Of note, the U.A.E. and Bahrain are already members of the agreement. Trump also stated that he has commissioned his representatives to start and complete the accord. Earlier on Sunday, Trump remarked that negotiations were ongoing in a constructive and orderly manner but claimed that he had asked the U.S. representatives not to rush into a deal and asserted that the current naval blockade on ships entering or exiting Iran will remain in full force. While welcoming a professional relationship with Iran, Trump ruled out allowing Iran to develop or procure any nuclear weapon. U.S. Secretary of State Marco Rubio stated that a solid proposal is on the table. Commenting on the status of talks as "Work in Progress", Rubio stated he expected some ...
“It’s tough, it’s tough,” said Stan Wawrinka, tears welling in his eyes. “I don’t want to say goodbye to you here.” He was addressing a full crowd on Court Simonne-Mathieu moments after losing his first-round match at the French Open 6-3, 3-6, 6-3, 6-4 to Jesper de Jong, a lucky loser from the Netherlands. This will be the final match and moment for Wawrinka in Paris. The three-time grand slam cha...
“It’s tough, it’s tough,” said Stan Wawrinka, tears welling in his eyes. “I don’t want to say goodbye to you here.” He was addressing a full crowd on Court Simonne-Mathieu moments after losing his first-round match at the French Open 6-3, 3-6, 6-3, 6-4 to Jesper de Jong, a lucky loser from the Netherlands. This will be the final match and moment for Wawrinka in Paris. The three-time grand slam champion, a winner here in 2015, will retire at the end of the season after a distinguished 25-year career. The 41-year-old announced his decision at the end of last year, allowing him to spend 2026 competing at the biggest tournaments for a final time. Wawrinka was granted a retirement ceremony on court, with the tournament director, Amélie Mauresmo, and Gilles Moretton, the president of the French Tennis Federation, presenting him with a plaque. The ceremony included video messages from a variety of champions, including Roger Federer, Jannik Sinner, Rafael Nadal, Carlos Alcaraz and Novak Djokovic. Wawrinka said he was surprised by the effect he has had and the love he has received. “I’m always surprised to receive so much love, so much support from other players or from the fans or from tournaments in general. “I have been on tour for more than 20 years. When I was young, my dream was to be a professional player, to be in the top 100, to have the opportunity to play those tournaments. “I never expected to achieve so big in tennis, but I never put any limit in my career. I always wanted more. I always walk out to get more, push myself, push my own limits, and try to find my own way to get there. So I’m happy and proud of what I achieved. “Today it was really tough. It’s never easy to say goodbye to something you love so much and you dedicate all your life for it. It was and it will be difficult to leave Roland Garros.” View image in fullscreen Stan Wawrinka receives a trophy to mark his retirement from Amélie Mauresmo (left) and Gilles Moretton (right). Photograph: Sh...