Earnings season: Walmart price hikes could send signal to retailers
Earnings season keeps on rolling, with several retailers reporting quarterly results next week and Nvidia (NVDA) due out the week after. Major retailer Walmart (WMT) reported mixed first quarter earnings, seeing strong same-store sales figures while warning consumers that the chain will raise prices due to tariffs. BD8 Capital Partners CEO and CIO Barbara Doran joins the Morning Brief team for a conversation about her earnings season forecasts, especially as the S&P 500 (^GSPC) erases losses tied to the April 2 "Liberation Day" tariffs. Catch Walmart CFO John David Rainey explain to Yahoo Finance the price hikes the retailer is forecasting, stemming from the United States' tariff policies. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.