Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
U.S. Commerce Secretary Howard Lutnick announced plans to separate government spending from GDP reports, sparking debate over potential economic implications and recession fears amidst declining consumer sentiment.
