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Walmart Sees Growth In Q2, Backs FY27 Outlook After Strong Q1; Stock Down

Walmart Sees Growth In Q2, Backs FY27 Outlook After Strong Q1; Stock Down

Retail behemoth Walmart Inc. on Thursday issued positive second-quarter outlook, and maintained fiscal 2027 outlook, after reporting higher results in its first quarter. eCommerce revenues climbed 26 percent globally with strength across segments. Meanwhile, the shares were losing around 3 percent in pre-market activity on Nasdaq.
RTTNews | 113 days ago
FTSE 100 Drifts Lower On Higher Oil Prices, Weak PMI Data

FTSE 100 Drifts Lower On Higher Oil Prices, Weak PMI Data

The UK stock market's benchmark index FTSE 100, which climbed into positive territory after a weak start, slipped below the flat line a few minutes before noon on Thursday. Brent crude climbed to $107.11, gaining about 2% and stoking inflation fears amid escalating US-Iran tensions. President Donald Trump, who said negotiations were in the "final stages," threatened renewed attacks if Iran reject
RTTNews | 113 days ago
Eurozone Private Sector Downturn Deepens

Eurozone Private Sector Downturn Deepens

The euro area private sector registered a renewed contraction in April as the war in the Middle East took its toll on business activity, flash survey data from S&P Global showed Thursday. The flash composite output index logged 47.5 in May, down from 48.8 in the previous month. The score was expected to remain stable at 48.8.
RTTNews | 113 days ago
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DAX Recovers After Early Setback, Up 0.5%

DAX Recovers After Early Setback, Up 0.5%

German stocks shrugged off a weak start and moved higher on Thursday with automobile, healthcare and industrials sectors attracting buyers. Despite lingering uncertainty about a U.S.-Iran peace deal and data showing a contraction in German private sector activity, the mood has turned positive thanks to weak oil prices.
RTTNews | 113 days ago
Oil Prices Little Changed After A Sharp Slump

Oil Prices Little Changed After A Sharp Slump

Oil prices were little changed on Thursday, after having fallen over 5 percent in the previous session amid optimism over a possible easing of Middle East tensions. Brent crude futures for July delivery were down 0.3 percent at $104.72 a barrel while WTI crude futures slipped 0.2 percent to $98.07.
RTTNews | 113 days ago
Asian Shares Mostly Higher On US-Iran Deal Hopes

Asian Shares Mostly Higher On US-Iran Deal Hopes

Asian stocks rose broadly on Thursday as U.S.-Iran peace talks entered a critical phase and Nvidia announced record quarterly profit and revenue amid explosive demand for its advanced AI chips.
RTTNews | 113 days ago

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