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Walmart

Walmart

$WMT
NYSEConsumer Staples

91 stories mentioning WalmartUpdated 2d ago

Trading within a mixed consumer sector, where the Consumer Staples SPDR (XLP) slipped while the Consumer Discretionary SPDR (XLY) rose.

Walmart Strikes Nuclear Power Supply Deal With Constellation Energy
US Markets

Walmart Strikes Nuclear Power Supply Deal With Constellation Energy

Walmart (WMT) will buy nuclear power from Constellation Energy (CEG) under a long-term agreement split into two 15-year terms, the companies said Tuesday.The deal, which marks the retail giant's first nuclear power purchase agreement, involves 176 megawatts of wholesale supply, including 30 MW of expanded generating capacity, from Constellation's Dresden Clean Energy Center in Illinois, according to a joint statement.The first 15-year supply will kick off in 2029, and the second in 2030. Financial details weren't disclosed."Working with Constellation allows us to support new operations in Illinois while advancing our strategy in a way that prioritizes affordable, reliable, and clean energy for our business and the communities we serve," said Shayne Wahlmeier, senior vice president for energy at Walmart US.The deal will help boost grid capacity to support Walmart's high-tech perishable distribution center that is now being built in Belvidere, Illinois, the statement said.Walmart is the latest US corporate giant to pursue a nuclear energy deal to meet rising power demand. Major US technology companies in particular are tapping nuclear power to meet their outsized electricity requirements amid the artificial intelligence boom."Walmart's commitment enables meaningful investment in the Dresden Clean Energy Center - bolstering reliability, sustaining local jobs and economic activity, and putting more dependable, emissions-free energy onto the Illinois power grid," Constellation Chief Commercial Officer Jim McHugh said.In December, Constellation said its license for the Dresden facility's operations has been renewed, paving the way for continued investment.Shares of Walmart were up 1.7% in Tuesday morning trade, while Constellation fell 0.8%.Price: $271.11, Change: $-4.42, Percent Change: -1.60%

$CEG$WMT
Equities

Market Chatter: BP, Marathon, Walmart Sued for Alleged AI Gas Price Fixing

BP (BP), Marathon Petroleum (MPC), and Walmart (WMT) were sued, among others, by California drivers for allegedly using artificial intelligence to inflate fuel prices, Reuters reported Tuesday, citing a proposed class action lawsuit.The lawsuit claims the gas station operators violated state antitrust and algorithmic price-fixing laws by using a software tool from Kalibrate to coordinate the higher pricing, Reuters said.Drivers alleged that fuel costs increased by up to $0.30 per gallon in regions where a high percentage of stations adopted the technology, according to the report.BP, Marathon Petroleum, Walmart, and Kalibrate did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$BP$MPC$WMT
Insider Trading

Walmart Insider Sold Shares Worth $342,752, According to a Recent SEC Filing

Christopher James Nicholas, Executive Vice President, on June 18, 2026, sold 2,900 shares in Walmart (WMT) for $342,752. Following the Form 4 filing with the SEC, Nicholas has control over a total of 574,953 common shares of the company, with 574,953 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/104169/000199280826000020/xslF345X05/wk-form4_1782165207.xml

$WMT
Commodities

California Consumers Sue Fuel Retailers Over Alleged AI Pricing Scheme

A group of California consumers filed a lawsuit on Monday alleging that an artificial intelligence-driven pricing system used by major fuel retailers drove gasoline prices higher statewide by reducing competition and enabling coordinated pricing.The complaint targets pricing technology developed by Kalibrate and its fuel retailing clients, including Marathon Petroleum (MPC), 7-Eleven, Walmart (WMT), Circle K, BP (BP), TravelCenters of America, and Albertsons, among others.Consumers argue in the filing that Kalibrate's "Fuel Pricing" platform functions as an algorithmic pricing system that integrates competitive market data from nearby fuel stations and recommends retail prices.The plaintiffs allege that the system reduces price competition among retailers by encouraging simultaneous price increases across markets.The filing claims that historically, California fuel stations competed by undercutting rivals on price, but that dynamic has shifted as retailers increasingly rely on algorithmic pricing tools.It alleges that the system enables coordinated pricing responses across competing stations, including what it describes as "market-wide restorations," in which multiple stations raise prices simultaneously.The plaintiffs further allege that participating fuel retailers have adopted a "price-over-volume" strategy facilitated by the software, resulting in elevated profit margins while consumers face higher pump prices.California gasoline prices have at times approached $7 per gallon amid global energy volatility, though the complaint argues that crude oil costs, refining expenses, regulation or taxes cannot fully explain local surcharges.The filing estimates that even a one-cent increase in per-gallon fuel prices in California could translate into about $134 million in additional annual consumer costs, given the state's fuel consumption.Price: $247.24, Change: $+4.33, Percent Change: +1.78%

$BP$MPC$WMT
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.7%.In corporate news, Fox (FOXA, FOX) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion. Roku shares declined 1.5%, and Fox Class A and Class B shares fell 16% and 15% respectively.The request by Amazon's (AMZN) Whole Foods for a review of the January 2025 vote by workers at a Philadelphia store location to unionize was denied Monday by the US National Labor Relations Board. Amazon shares were up 3.1%.Anheuser-Busch InBev (BUD) plans to invest over $20 million in its St. Louis and Arnold, Missouri, operations. Anheuser-Busch shares were down 1.5%.China's market regulator has ordered Walmart-owned (WMT) Sam's Club to strengthen food safety controls across its supply chain following the discovery of food safety issues, Reuters reported. The report said the State Administration for Market Regulation held talks with a Sam's Club executive and instructed the retailer to eliminate risks and safeguard consumer food safety. Walmart shares were decreasing 0.3%.

$AMZN$BUD$FOX$FOXA$ROKU$WMT
Sectors

Sector Update: Consumer Stocks Mixed Monday Afternoon

Consumer stocks were mixed Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.9%.In corporate news, Fox (FOXA, FOX) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion. Roku shares declined 0.9%, and Fox Class A and Class B shares fell 16% and 15% respectively.Anheuser-Busch InBev (BUD) plans to invest over $20 million in its St. Louis and Arnold, Missouri, operations. Anheuser-Busch shares were down 1%.China's market regulator has ordered Walmart-owned (WMT) Sam's Club to strengthen food safety controls across its supply chain following the discovery of food safety issues, Reuters reported. The report said the State Administration for Market Regulation held talks with a Sam's Club executive and instructed the retailer to eliminate risks and safeguard consumer food safety. Walmart shares were decreasing 0.2%.

$BUD$FOX$FOXA$ROKU$WMT
Payoneer to be Acquired by Canada's Nuvei in $2.75 Billion Deal
US Markets

Payoneer to be Acquired by Canada's Nuvei in $2.75 Billion Deal

Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash transaction valued at about $2.75 billion, creating a global platform for local and cross-border commerce.The US payments firm's shareholders will receive $7.40 in cash for each share owned, the companies said Monday. Payoneer's shares closed at $6.75 on Friday."By combining complementary capabilities, we can offer businesses a more complete platform to accept payments, send funds, issue cards, manage treasury and (foreign exchange) needs, and access embedded financial services -- at scale," Nuvei Chief Executive Phil Fayer said in a statement.Upon closing, the combined company is expected to generate about $3 billion in annual revenue and process more than $500 billion in annual payment volume for over 2.4 million customers, the companies said.Payoneer's shares were up 4.2% in Monday trade.The deal combines Nuvei's payment acceptance platform with Payoneer's cross-border payouts, multi-currency account and banking network. The combined company offers a unified infrastructure for businesses operating across platforms such as Amazon (AMZN), eBay (EBAY), Walmart (WMT) and Airbnb (ABNB).The transaction is expected to support Nuvei's emerging financial models, including agentic commerce and stablecoin payments, the companies said. Payoneer has an established regulatory footprint in key markets, including China and India.The deal, which requires approval from regulators and clearance from Payoneer's shareholders, is expected to complete by mid-2027."Together, we will reach more businesses, in more markets, with a more complete platform," Payoneer CEO John Caplan said.Payoneer reported first-quarter earnings per share of $0.06 in May, up from $0.05 a year ago. Revenue excluding interest income grew 11% year-over-year.Price: $7.04, Change: $+0.29, Percent Change: +4.22%

$ABNB$AMZN$EBAY$PAYO$WMT
AI Likely to Become Functional Part Across Retail Operations, UBS Says
US Markets

AI Likely to Become Functional Part Across Retail Operations, UBS Says

Artificial intelligence will likely become a functional part across retail operations, with implications ranging from demand generation to cost structures, UBS Securities said in a note emailed Friday.The US hardline and food retail sector has mostly used AI in areas such as marketing, customer service chatbots and basic inventory optimization, the brokerage said.However, the technology is now being adopted more broadly across different functions, UBS analysts, including Michael Lasser, said."As consumers increasingly rely on large language models and agentic systems to discover, evaluate, and purchase goods, traditional traffic channels -- stores and websites -- may become less central," Lasser said. "This raises important questions around traffic monetization, particularly for high-margin businesses such as retail media."UBS expects higher-income consumers to influence demand dynamics, as the top 10% of households dictate about half of all spending.AI may exacerbate income inequality, benefiting premium categories and adding pressure on value-oriented segments, according to the UBS note. This means retailers may have to alter strategies to reflect "a more bifurcated consumer landscape."Retailers that use AI-driven marketing are likely to see improved customer acquisition efficiency, Lasser said.On the cost management front, he said working capital needs could drop due to the automation of repetitive processes and improved inventory management systems.While AI helps improve accuracy in stores and distribution centers, it introduces new costs, including cloud computing, data governance and cybersecurity, Lasser said.Retailers with integrated ecosystems are likely best positioned to benefit from mounting AI adoption, according to UBS. They include Walmart (WMT), Costco Wholesale (COST), Target (TGT), Home Depot (HD), Lowe's (LOW) and Kroger (KR).Also on that list are AutoZone (AZO), O'Reilly Automotive (ORLY), Wayfair (W) and Williams-Sonoma (WSM).Price: $120.42, Change: $-0.08, Percent Change: -0.07%

$AZO$COST$HD$KR$LOW$ORLY$TGT$W$WMT$WSM
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.7%.In corporate news, Walmart (WMT) stands to gain a competitive edge through its potential collaborations with fast-food chains and other businesses in the quick service restaurant industry, RBC said in a note. Separately, Walmart told employees that AI is intended to enhance their work rather than replace them as the retailer expands the use of the technology across its business, the Financial Times reported. Walmart shares rose 1%.Campbell's (CPB) reaffirmed its full-year outlook as it reported fiscal Q3 earnings above consensus, but sales fell short of expectations. Its shares declined 1.2%.Ingredion (INGR) has launched an all-cash tender offer to buy Tate & Lyle, valuing the specialty ingredients company at about 3.7 billion British pounds ($5 billion). Ingredion shares were up 0.2%.Uber's (UBER) efforts to buy Delivery Hero could face a new hurdle as Saudi Arabia-based startup Ninja is considering a bid for some of the German food delivery firm's Middle East assets, the Financial Times reported. Uber shares fell 0.6%.

$CPB$INGR$UBER$WMT
Sectors

Sector Update: Consumer Stocks Mixed in Afternoon Trading

Consumer stocks were mixed Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.6%.In corporate news, Campbell's (CPB) reaffirmed its full-year outlook as it reported fiscal Q3 earnings above consensus, but sales fell short of expectations. Shares were down 0.8%.Walmart (WMT) stands to gain a competitive edge through its potential collaborations with fast-food chains and other businesses in the quick service restaurant industry, RBC said in a note. Separately, Walmart told employees that AI is intended to enhance their work rather than replace them as the retailer expands the use of the technology across its business, the Financial Times reported. Walmart shares rose 0.6%.Uber's (UBER) efforts to buy Delivery Hero could face a new hurdle as Saudi Arabia-based startup Ninja is considering a bid for some of the German food delivery firm's Middle East assets, the Financial Times reported. Shares fell 0.5%.

$CPB$UBER$WMT
Walmart Poised to Gain Competitive Advantage Through Quick Service Restaurant Partnerships, RBC Says
US Markets

Walmart Poised to Gain Competitive Advantage Through Quick Service Restaurant Partnerships, RBC Says

Walmart (WMT) stands to gain a competitive edge through its potential collaborations with fast-food chains and other businesses in the quick service restaurant industry, RBC Capital Markets said in a note e-mailed Monday.Last week, the retail giant said it was adding express delivery service from in-store restaurants, beginning with Subway. Starting this month, customers in select states will be able to order Subway meals through Walmart's app or website, with the offering to expand to 1,400 locations by the end of the summer.Walmart's management has been evaluating the viability of this service for six months and expects it to be rolled out to more quick service restaurants in the future, RBC said in a note to clients. The management has described the opportunity as "fourfold" as the retailer collects a fee on purchase, increases its mindshare and gains a competitive advantage over rivals that don't have a similar delivery network, according to the note.The company also has the potential to increase traffic or basket sizes and benefit e-commerce economics, the brokerage added.Walmart has yet to "materially" pass on high fuel prices to the consumer, though the move is "inevitable," if costs remain high, RBC analyst Steven Shemesh wrote in the note. During a recent event, management reiterated its expectations for fuel costs to grow to $250 million in the second quarter from $175 million in the prior three-month period, according to the brokerage."We believe price increases would disproportionately hit grocery relative to general merchandise, which we estimate could push food inflation to 2.5% to 3%," Shemesh wrote.However, the retail giant "feels very good" about current price gaps and margin levers at its disposal, which should allow it to maintain or grow its competitive positioning, Shemesh said. The company could also receive up to $3 billion in tariff refunds, reflecting a potential "war chest" for reinvestment, the analyst added.Last month, Walmart issued a downbeat fiscal second-quarter earnings outlook after posting better-than-expected revenue in the previous three-month period.Price: $119.80, Change: $+0.92, Percent Change: +0.77%

$WMT
Wire

Walmart Confident in Competitive Positioning Amid Pricing Pressure, RBC Capital Markets Says

Walmart (WMT) is facing upwards pressure on pricing, but the retailer is confident in its competitive positioning, RBC Capital Markets said in a note following the company's annual Associates and Shareholders Week in Arkansas.The investment firm said the "tone and messaging" at the event were consistent with the company's fiscal Q1 earnings call on May 21, with management reiterating that fuel costs are expected to rise to roughly $250 million in Q2 from about $175 million in Q1."We get the sense that the team has yet to materially pass on price to the consumer, but it feels inevitable if costs remain elevated," analysts wrote in the note Friday, adding that price increases would likely "disproportionately hit grocery relative to general merchandise."RBC said, however, that Walmart "feels very good" about current price gaps and the margin levers at its disposal, which should allow it to maintain or even widen its competitive positioning.Additionally, the company may get up to $3 billion in tariff refunds, which would give it "somewhat of a war chest for reinvestment -- a potential competitive advantage relative to pure play food retailers, who were less affected by tariffs last year," the note said.RBC Capital Markets has an outperform rating on Walmart and $137 price target.Price: $119.72, Change: $+0.84, Percent Change: +0.71%

$WMT
Wire

Walmart Maintains Upbeat Tone, Reinforces Value Strategy, Oppenheimer Says

Walmart (WMT) continues to project an upbeat management tone and remains firmly focused on value and convenience initiatives following recent analyst events in Arkansas, Oppenheimer said in a Monday note.Oppenheimer said management commentary suggested continued strength among upper-income consumers, while shoppers at the lower end remain under pressure, even as commentary from select other consumer companies has softened lately.Walmart remains confident in its competitive positioning despite Kroger moving more aggressively to lower prices, the firm said.Oppenheimer noted that the company is broadening its value offering through widespread price rollbacks across categories such as food, beverages, and electronics, reinforcing its strategy of price leadership.Walmart is also enhancing its private label and assortment strategy by improving branded products, launching new innovations, and expanding convenience services to drive long-term market share gains, the report added.Oppenheimer maintained its outperform rating on the stock with a price target of $140.Shares of Walmart were up 0.9% in Monday trading.Price: $119.99, Change: $+1.11, Percent Change: +0.93%

$WMT
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.4%.In corporate news, Walmart (WMT) investors voted against a proposal asking the retailer to report on how its use of AI is affecting worker well-being, Reuters reported, citing preliminary voting results from the shareholder meeting. The shareholder proposal was filed by United for Respect, the report said. Walmart shares were up 0.5%.General Motors (GM) has rehired more than 100 members of its Cruise unit's team 18 months after killing off the self-driving vehicle unit, The Information Electric reported, citing Rashed Haq, GM's vice president of autonomous vehicles. GM shares were up 1.9%.Costco (COST) shares rose 0.8% after the company reported net sales of $24.01 billion in May, up from $20.97 billion a year earlier.Hyatt Hotels (H) shares climbed 1.8% after HSBC upgraded the stock to buy from hold with a price target of $212 per share.

$COST$GM$H$WMT
Wire

Market Chatter: Walmart Shareholders Reject AI Workforce Report Proposal at Annual Meeting

Walmart (WMT) investors voted against a proposal asking the retailer to report on how its use of artificial intelligence is affecting worker well-being, Reuters reported Thursday, citing preliminary voting results from the shareholder meeting.The shareholder proposal was filed by United for Respect, the report noted.Shareholders also rejected a separate proposal requesting a report on the impact of US immigration policy on Walmart's operations, the report added.Walmart didn't reply immediately to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $117.53, Change: $+0.64, Percent Change: +0.55%

$WMT
Sectors

Sector Update: Consumer Stocks Decline in Afternoon Trading

Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) shedding 1.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 2.1%.In corporate news, MGM Resorts International (MGM) shares jumped past 15% after the firm confirmed that it has received an offer from People Inc. to acquire all MGM shares that it does not already own for $48.30 per share in cash.Taylor Morrison Home (TMHC) shares surged 22% after the homebuilder agreed to be acquired and taken private by conglomerate Berkshire Hathaway (BRK.A, BRK.B) in an all-cash deal with an equity value of about $6.8 billion.Walmart (WMT) is capping its staff's usage of an artificial intelligence agent following a period of high demand, Bloomberg reported. The retail giant is now offering a limited amount of "tokens" per worker to use the AI agent, called Code Puppy, which helps employees with spreadsheets and presentations, among other tasks, the report said. Walmart shares were down 1.5%.

$MGM$TMHC$WMT
Wire

Update: Market Chatter: Walmart Limits Staff's Usage of AI Tool After High Demand

(Updates with Walmart's response to a request for comment in the last paragraph.)Walmart (WMT) is capping its staff's usage of an artificial intelligence agent following a period of high demand, Bloomberg reported Monday, citing people familiar with the matter.The retail giant is now offering a limited amount of "tokens" per worker to use the AI agent, called Code Puppy, which helps employees with spreadsheets and presentations, among other tasks, the people reportedly told Bloomberg. Previously, staff had an unlimited amount of tokens, the report said."As AI adoption grows across the company, our approach is to help associates experiment, solve problems and create better experiences for customers and members," a Walmart spokesperson told. "We want associates using AI in ways that create meaningful value, and we are supporting them with the skills and guidance to use the right AI for the right task."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $113.98, Change: $-1.77, Percent Change: -1.53%

$WMT
Wire

Market Chatter: Walmart Limits Staff's Usage of AI Tool After High Demand

Walmart (WMT) is capping its staff's usage of an artificial intelligence agent following a period of high demand, Bloomberg reported Monday, citing people familiar with the matter.The retail giant is now offering a limited amount of "tokens" per worker to use the AI agent, called Code Puppy, which helps employees with spreadsheets and presentations, among other tasks, the people reportedly told Bloomberg. Previously, staff had an unlimited amount of tokens, the report said.Walmart didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $113.81, Change: $-1.94, Percent Change: -1.68%

$WMT
Wire

Walmart Limits Staff's Usage of AI Tool After High Demand, Bloomberg Reports

Walmart Limits Staff's Usage of AI Tool After High Demand, Bloomberg Reports

$WMT
Wire

Tigress Adjusts Price Target on Walmart to $155 From $150, Maintains Buy Rating

Walmart (WMT) has an average rating of overweight and mean price target of $140.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $116.89, Change: $-2.01, Percent Change: -1.69%

$WMT

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