COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner Vienna - Delayed Quote • EUR (AT0000A3GFJ1.VI) Follow Compare 0.1850 +0.0040 (+2.21%) At close: 5:25:03 PM GMT+1 Related News Verizon, AT&T, T-Mobile: Morgan Stanley's telecom stock outlook Telecommunication stocks like Verizon (VZ), AT&T (T), and T-Mobile (TMUS) are trading lower after Morgan Stanley analysts released a sector outlook saying that while there is over $2 billion of growth in the wireless market, it is expected to decelerate over time. The analysts also downgraded Comcast (CMCSA) to Equal Weight. Market Domination Hosts Julie Hyman and Josh Lipton break down what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Does the 'Magnificent Seven' have more room to run in 2025? The "Magnificent Seven" tech stocks — Apple (AAPL), Amazon (AMZN), Alphabet (GOOG, GOOGL), Meta Platforms (META), Microsoft (MSFT), Tesla (TSLA), and Nvidia (NVDA) — have continued to lead market gains in 2024, surging approximately 70%. Asking for a Trend Anchor Josh Lipton delves into the market momentum behind these tech giants, exploring Wall Street's perspectives on their potential for continued growth in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Bitcoin surpasses $107,000 to hit new high amid 'relentless' ETF demand Bitcoin climbed as high as $107,000 on Monday as the Trump trade soared to new heights. Why Walmart's success 'didn't happen by accident' Walmart is capping off a big 2024 by being named Yahoo Finance's Company of the Year. The stock is up double digits this year, and its customer base is growing. Walmart CFO John David Rainey says it was all part of the plan. "It's not an accident that almost 20% of our business is e-commerce now. It's not an accident that we're gaining share, and that's mostly coming from households that make more than a hundred thousand dollars a year. It's not an accident that we delivered over 4 billion items in the last year same day or next day. This is a part of our strategy." One place Walmart (WMT) has invested heavily is in its online business. Rainey tells Yahoo Finance Executive Editor Brian Sozzi that some parts of the online business are making money, such as Sam's Club and its international business, but the US business isn't quite there yet. He's not worried, though, saying, "It's no longer a question of if, it's a matter of when," adding "There may be a period of time where we make money and then we invest a little bit more and then it begins to lose money. But all the pieces are in place to do that." Rainey is concerned about tariffs, noting that while the company will do what it can to keep prices low, "tariffs are going to be inflationary for customers." Watch the video above to hear what Rainey says is "one of the underappreciated parts" of Walmart's business. Click here to watch Walmart CEO Doug McMillon explain how the company is benefitting now from investments made pre-pandemic. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich. Learn more about why Walmart was named Yahoo Finance's 2024 Company of the Year Walmart is the 2024 Yahoo Finance Company of the Year Walmart CEO explains how big investments are now paying off How Walmart's $90 billion Sam's Club is aiming to take down Costco Walmart CFO: 'We're a company that wins in any type of economic environment' Why Walmart is clobbering its rivals Palo Alto Networks, Grindr, SoundHound AI: Trending Tickers Wealth host Brad Smith takes a look at three top trending tickers on Yahoo Finance. Palo Alto Networks (PANW) has executed its 2-for-1 stock split, with trading now effective on a split basis. Following the split, Stifel has adjusted its price target on the stock. Grindr (GRND) shares are experiencing upward momentum after Goldman Sachs initiated coverage on the dating app company with a $20 price target and a Buy rating, signaling positive market sentiment. SoundHound AI (SOUN) is also moving higher as Wedbush Securities raised its price target to $22 per share, up from $10. The upgrade highlights the company's potential in the early stages of its growth initiatives. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith How Walmart's $90 billion Sam's Club is aiming to take down Costco Technology investments may be Sam's Club's key to the wholesale competition. Bitcoin prices briefly break $106K level Bitcoin (BTC-USD) prices surged past $106,000 in early Monday trading, continuing its rally that gained momentum following Donald Trump's reelection in November. Morning Brief Anchors Seana Smith and Brad Smith break down the details. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith The final Fed meeting of 2024 awaits: What to know this week Investors will be closely watching for any hints on how much further the Federal Reserve plans to lower interest rates in 2025. Walmart CEO explains how big investments are now paying off Walmart has been named Yahoo Finance's 2024 Company of the Year. Its stock is up nearly 80% year to date, and sales are booming. Why? In an exclusive interview with Yahoo Finance Executive Editor Brian Sozzi, Walmart CEO Doug McMillon explains how pre-pandemic investments are starting to pay off. "We invested in wages for our associates. We invested in our people, things like education. We invested in lower prices, we invested in e-commerce, we invested in technology, all within a pretty tight period of time," he said. One thing that's helping to boost the bottom line is the type of customer Walmart (WMT) is drawing in. The company says it is increasingly attracting more higher-income consumers. McMillon thinks that convenience has been drawing a different customer base. He also discusses inflation, noting that the prices for general merchandise are falling faster than food items. A top-of-mind topic for many CEOs right now is the threat of a trade war, with President-elect Trump threatening to enact more tariffs. McMillon thinks Walmart is "positioned to manage" tariffs but worries that customers may see higher prices, even though the retail giant plans to "do everything we can to try and keep them low." There's one technology McMillon is excited about — generative AI. "It's going to help us be more anticipatory for customers and members ... The world will look more like personal shopping assistance than it will an old-fashioned search bar with a laundry list of results that you and I then have to work through as a customer. Just saving us time, making it more convenient, helping us solve problems," McMillon said of the tech. Watch the video above to hear what McMillon expects for Walmart over the next 10 years. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich. Learn more about why Walmart was named Yahoo Finance's 2024 Company of the Year Walmart is the 2024 Yahoo Finance Company of the Year How Walmart's $90 billion Sam's Club is aiming to take down Costco Walmart CFO: 'We're a company that wins in any type of economic environment' Why Walmart is clobbering its rivals Red Cat Holdings Reports Financial Results for Fiscal Second Quarter 2025 and Provides Corporate Update SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal second quarter ended October 31, 2024 and provides a corporate update. Recent Operational Highlights: Announced selection as the winner of the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record. Annou Is Rivian Stock A Buy Or A Sell Amid 50% Rally Since $6.6 Billion Government Loan? Rivian shares have plummeted 34% in 2024 as the EV startup is looking to challenge Tesla, Ford, General Motors and other autos with its adventure-styled electric vehicles. RIVN shares rallied 6.8% to 15.34 during market trade on Monday, adding to a 1.2% jump on Friday. Rivian said in the announcement that, if the loan is finalized, it plans to use the federal money for the development and construction of its EV plant in Georgia, which would have an annual production capacity of 400,000 vehicles. Nvidia, Meta, Google Get Snubbed Three Times — But This Stock Didn't Blue Owl Capital shares a spot on IBD Leaderboard with Nvidia, Meta and Google. But only Owl stock pulls off this stock-list trifecta. Stock Market Today: Dow Jones Dips As Warren Buffett Play Eyes Entry; Cathie Wood Loads Up On This AI Stock Amid 48% Plunge The Dow Jones index fell on the stock market today. Cathie Wood bought a plunging AI stock while a Warren Buffett play is near an entry. MicroStrategy rose while Super Micro dived Palantir Falls Despite Nasdaq 100 News, MicroStrategy Rises; Super Micro Gets The Axe Palantir, bitcoin play MicroStrategy and Axon Enterprise will join the Nasdaq 100 index. Moderna, Super Micro and Illumina will exit. Mexico's regulators impose 10-year special restrictions on Walmart's subsidiary Mexico's anti-monopoly regulators on Monday imposed special conditions for a period of 10 years on Walmart’s Mexico subsidiary for allegedly pressuring suppliers. The decision follows a related $4.6 million fine handed down by the regulators, known as the Federal Competition Commission, for alleged monopolistic practices. Walmart de Mexico said last week it plans to appeal the fine. Webuy Global Ltd. Announces Pricing of $3.7 Million Registered Direct Offering Singapore, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a Southeast Asian community e-commerce innovator, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately 21,013,239 Class A ordinary shares (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The gross proceeds to the Company from the regi This Small-Cap Drone Stock Is Soaring Before Its Earnings Report Red Cat announced on Monday it entered into a partnership with Palantir to integrate visual navigation software into its Black Widow drones. This collaboration utilize Palantir’s AI software running onboard the drone to provide accurate navigation entirely independent of GPS or radio control signals, the news release said. In a note on Monday, Ladenburg Thalmann Research analyst Glenn Mattson wrote Palantir is “on the cutting edge of AI software for government and military applications, adding them as a partner highlights the significance of RCAT’s program.” Here's Why MicroStrategy, Mara Holdings, and Riot Platforms Stock Were All Up Big Today The incredible rise of MicroStrategy stock has been due to its aggressive investments in the world's largest cryptocurrency: Bitcoin. According to a Dec. 16 financial filing, the company just purchased 15,350 Bitcoins during the past week alone, bringing its total holdings to about 439,000 Bitcoins. In fact, it even hit a new all-time high today at over $107,000 per Bitcoin. How I Use AI in My Wealth Management Practice Although I’m not an early adopter of tech, I’ve integrated AI into some aspects of my practice and found it helpful so far. SEALSQ Announces Pricing of $25.0 Million Registered Direct Offering Priced Above Market Under NASDAQ Rules Geneva, Switzerland , Dec. 16, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that it has entered into a securities purchase agreement with several institutional investors to purchase 13,157,896 ordinary shares at a public offering price of $1.90, for gross proceeds of $25.0 million (the “Offering”), before deducting commis