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Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’

Walmart lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. The big-box retailer ended Thursday as the Dow’s biggest loser.

Published 21 August 2025
Categorised as Finance News

Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’

Walmart lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. The big-box retailer ended Thursday as the Dow’s biggest loser.

Published 21 August 2025
Categorised as Finance News

$300 million megayacht up for auction

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.

Published 21 August 2025
Categorised as Finance News

Lamborghini CEO on tariffs: ‘For us, free trade is the right approach’

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Published 21 August 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores and more

These are the stocks posting the largest moves in extended trading.

Published 21 August 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores and more

These are the stocks posting the largest moves in extended trading.

Published 21 August 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores and more

These are the stocks posting the largest moves in extended trading.

Published 21 August 2025
Categorised as Finance News

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects

Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave.

Published 21 August 2025
Categorised as Finance News

Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.

In an open letter, several major crypto firms said the U.K. “must act now to avoid being a rule-taker rather than a rule-maker in the digital asset era.”

Published 21 August 2025
Categorised as Finance News

Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

The policymaker pushed back on market pricing that points strongly to the FOMC lowering its key borrowing rate next month.

Published 21 August 2025
Categorised as Finance News

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