Walmart faces scrutiny as an investigation reveals counterfeit products sold through its marketplace, raising questions about third-party seller vetting. Can the retail giant maintain its reputation amidst these claims?
As investors brace for Jerome Powell's critical speech, stocks drop across major indexes, led by declines in tech. Walmart's earnings disappointment adds to market woes. Will Powell's words change the tide?
Walmart's shares dropped 2.5% in premarket trading after reporting Q2 profits below expectations, despite a revenue increase of nearly 5% year-over-year and strong eCommerce growth.
