Why Walmart is Yahoo Finance's 2024 winner

TSXV - Delayed Quote CAD

F3 Uranium Corp. (FUU.V)

Compare

0.2450

-0.0050

(-2.00%)

At close: December 16 at 3:59:59 PM EST

Why companies like Walmart are rethinking their DEI approach

Walmart's (WMT) recent decision to eliminate its Diversity, Equity, and Inclusion (DEI) policies has sparked a broader conversation about corporate social responsibility. Mills Sadat Dowlat (MSD) LLP Partner Camron Dowlatshahi joins Market Domination Overtime to share his outlook on this evolving landscape. Dowlatshahi traces the evolution of DEI initiatives following the death of George Floyd in 2020, highlighting how companies initially took "a strong stance supporting under-represented communities." However, he points out the political and social climate has shifted since then, with "the fall and the rise again of the Trump administration, conservative movement, and far-right movement in the United States, and the 'anti-woke' movements again. And because of that, you see now companies catering to those populations," pointing to businesses like Walmart and Lowe's (LOW). Despite these shifts, Dowlatshahi asserts that "discrimination is still discrimination." The attorney remains hopeful that established state and federal laws will continue to protect against workplace discrimination. Although, he acknowledges a concerning trend, telling Yahoo Finance "I have seen an increase in fear, frankly." "The hope is that we can stand on state and federal law that has been in place for decades and decades," the MSD partner concludes. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

TSCO

WMT

HOG
Walmart well-positioned to continue 'awesome growth': TD Cowen

Walmart (WMT) stock has grown nearly 80% year-to-date as it remains a juggernaut in the retail landscape, just several reasons as to why the company is Yahoo Finance's Company of the Year. TD Cowen Senior Research Analyst Oliver Chen — whose firm named Walmart one of their best ideas of the year — sits down with Julie Hyman and Josh Lipton to reminisce on Walmart's 2024 performance. "Their online business has been fueled by expansion of the marketplace and continuing to offer new sellers on the marketplace. And then you put that and you marry that with a very awesome grocery business, which is about 60% of total, they've worked hard with suppliers to make sure everyday low price and value is there for customers," Chen explains. "So we got both. And this company has executed better than ever in terms of marrying these pieces together and offering a 'need plus a want' retail experience," Chen adds, also comparing what Walmart appears to do better than chain competitor Target (TGT). Learn more about why Walmart was named Yahoo Finance's 2024 Company of the YearWalmart is the 2024 Yahoo Finance Company of the YearWalmart CEO explains how big investments are now paying offHow Walmart's $90 billion Sam's Club is aiming to take down CostcoWalmart CFO: 'We're a company that wins in any type of economic environment'Why Walmart's success 'didn't happen by accidentWhy Walmart is clobbering its rivals 'To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 2 hours ago

TGT

WMT
MicroStrategy stock jumps on latest bitcoin buy, Nasdaq 100 addition

MicroStrategy stock jumped nearly 5% Monday as investors reacted to the company’s latest bitcoin purchase.

Yahoo Finance 7 hours ago

BTC-USD

MSTR
Google DeepMind unveils a new video model to rival Sora

Google DeepMind, Google's flagship AI research lab, wants to beat OpenAI at the video-generation game — and it might just, at least for a little while. On Monday, DeepMind announced Veo 2, a next-gen video-generating AI and the successor to Veo, which powers a growing number of products across Google's portfolio. Veo 2 can create two-minute-plus clips in resolutions up to 4k (4096 x 2160 pixels). Notably, that's 4x the resolution — and over 6x the duration — OpenAI's Sora can achieve. It's a the

TechCrunch 4 hours ago

GOOG
YouTube creators can now allow third-party companies to train AI models on their content

Google says that it'll soon begin to allow YouTube creators and rightsholders to let third-party companies including OpenAI, Apple, and Meta to use their videos to train AI models. "Over the next few days, creators and rights holders can choose to allow third-party companies to use their content to train AI models directly in Studio Settings under 'Third-party training,'" Google wrote in a blog post. "To be eligible for AI training, a video must be allowed by the creator as well as the applicabl

TechCrunch 6 hours ago

GOOG
Walmart CFO: 'We're a company that wins in any type of economic environment'

Walmart CFO John David Rainey takes Yahoo Finance behind the numbers of our Company of the Year award winner.

Yahoo Finance 7 hours ago

WMT

PYPL

UAL
Why Walmart is clobbering its rivals

Walmart (WMT) has had a year for the record books. The company’s stock is up a sizzling 80% this year. Its financial performance has been beyond impressive given Walmart’s size. And Walmart continues to out-perform key retail rivals such as Target (TGT). It’s for these reasons Walmart has secured the 2024 Yahoo Finance Company of the Year award. Yahoo Finance Executive Editor Brian Sozzi sat down with Walmart CEO Doug McMillon to learn more about the company’s growth plans and what keeps the longtime CEO up at night. He says Walmart is truly firing on all cylinders. But can Walmart stay dominant in the years to come as Amazon (AMZN) gets even stronger and others in retail mount comebacks? Sozzi welcomes retail and supply chain expert Brittain Ladd on Opening Bid for an in-depth discussion on the future of the world’s largest retailer. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. 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'

Yahoo Finance Video 11 hours ago

WMT
Tesla price target bumped up to $515 by Wedbush

Wedbush analyst Dan Ives has turned increasingly bullish on Tesla (TSLA), raising the price target on the EV maker to $515 per share. Ives went on to extend his bull case to $650 per share, with a total potential valuation of $2.1 trillion. Ives cites two key drivers for his optimistic outlook: Tesla's significant progress in full self-driving technology and the potentially supportive policy environment under the incoming Trump administration. Catalysts anchors Seana Smith and Madison Mills break down the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

Yahoo Finance Video 8 hours ago

TSLA
Netflix, Ford, Biogen: Trending tickers

Morning Brief anchors Seana Smith and Brad Smith discuss Wall Street's latest stock analyst recommendations. Loop Capital downgraded Netflix (NFLX) stock to Hold from Buy while raising the price target to $950 per share, arguing the stock is approaching fair value. Meanwhile, Oppenheimer analysts raised their price target to $1,065 per share, highlighting the company's expansion into live events. Ford (F) shares declined after Jefferies downgraded the automaker to Underperform from Hold. The firm cited several challenges, including inventory overhang and strategic complexities surrounding its European business operations. Additionally, Stifel analysts reduced Biogen's (BIIB) rating to Hold from Buy, noting an absence of clinical catalysts for the upcoming year. 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

Yahoo Finance Video 9 hours ago

NFLX

BIIB

F
MicroStrategy, Palantir, Axon to join the Nasdaq 100 next week

Bitcoin bull MicroStrategy (MSTR), Palantir Technologies (PLTR), and Axon Enterprise (AXON) will be joining the Nasdaq 100 (^NDX) next Monday, December 23. These three companies will be replacing Illumina (ILMN), Super Micro Computer (SMCI), and Moderna (MRNA) in the index. The Morning Brief's Seana Smith and Brad Smith report more on this. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 10 hours ago

PLTR

^NDX

ILMN
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

Yahoo Finance Video 13 hours ago

WMT
CEOs Are Feeling a Lot More Upbeat About the New Year

CEOs of the world’s biggest companies are more optimistic about the economy than they have been in years. The enthusiasm is being driven in part by the prospect of President-elect Donald Trump’s return to the White House, with many chief executives expecting their businesses to benefit from lower corporate taxes and less regulation, according to a new survey. Outcomes of other elections around the world are also fueling expectations for improvements in the global economy and political stability.

The Wall Street Journal 53 minutes ago

META

AMZN
China resident who stole Tesla trade secrets gets 2-year US sentence

A German-Canadian resident of China was sentenced to 24 months in prison in the U.S. for stealing electric vehicle trade secrets from Tesla for his competing EV battery business, the U.S. Department of Justice said on Monday. Klaus Pflugbeil, 59, pleaded guilty in June to conspiring with business partner Yilong Shao to sell Tesla's battery manufacturing secrets to undercover FBI agents posing as Long Island businesspeople.

Reuters 1 hour ago

TSLA
Trump Says Masayoshi Son to Make $100 Billion U.S. Investment

The Japanese firm’s commitment aims to boost the U.S. economy and accelerate AI.

PREMIUM
The Information 1 hour ago

SFTBY
Google names UK executive as president for Europe, Middle East and Africa

Debbie Weinstein said she will focus on growing the firm’s AI technology in her new role.

PA Media: Money 1 hour ago

GOOG
Softbank Pledges $100 Billion Cash Infusion into US Economy for AI

Masayoshi Son, CEO of SoftBank Group, appeared with President-elect Donald Trump at Mar-a-Lago today for the funding announcement.

Sourcing Journal 2 hours ago

SFTBY
Jim Cramer’s Bold Prediction on Amazon.com, Inc. (AMZN)

We recently compiled a list of the Jim Cramer’s Bold Predictions About These 15 Tech Stocks. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other tech stocks Jim Cramer recently talked about. Like all of us, Jim Cramer is always wondering what’s next for the stock […]

Insider Monkey 2 hours ago

AMZN

^GSPC
Why Alphabet Inc. (GOOGL) Is One of The Most Held Stocks by Hedge Funds

We recently published a list of 12 Stocks Most Held by Hedge Funds. In this article, we are going to look at where Alphabet Inc. (NASDAQ:GOOGL) stands against other most held stocks by hedge funds. On December 12, President-elect Donald Trump rang the opening bell at the New York Stock Exchange, an event rich with […]

Insider Monkey 2 hours ago

GOOG

^GSPC
Magnificent Seven Stocks: Nvidia Stock Sells Off; Google, Tesla Rally To New Highs

Nvidia stock sold off Monday, while Tesla rallied to more record highs. Amazon and Google also hit new highs.

Investor's Business Daily 2 hours ago

NVDA

AAPL

TSLA
Amazon Teamsters Authorize Third Strike at U.S. Facility

Amazon.com union members at another U.S. facility voted to authorize a strike, becoming the third to do so in less than a week as tensions with the e-commerce giant expand across the country over contract negotiations. Teamsters, one of America’s largest labor unions, on Monday said that workers at the DIL7 Amazon delivery station in Skokie, Ill., voted overwhelmingly in favor of the move, joining workers of New York City’s Staten Island JFK8 and Queens DBK4 facilities, which last Friday made public they had authorized strikes of their own. The union had given Amazon a Dec. 15 deadline to agree to come to the table and bargain for a contract.

The Wall Street Journal 2 hours ago

AMZN

Performance Overview

Return	FUU.V	S&P/TSX Composite index
YTD	-38.75%	+19.99%
1-Year	-45.56%	+22.49%
3-Year	+6.52%	+21.08%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

F3 Uranium Corp. (FUU.V)

Related News

Why companies like Walmart are rethinking their DEI approach

Walmart well-positioned to continue 'awesome growth': TD Cowen

MicroStrategy stock jumps on latest bitcoin buy, Nasdaq 100 addition

Google DeepMind unveils a new video model to rival Sora

YouTube creators can now allow third-party companies to train AI models on their content

Walmart CFO: 'We're a company that wins in any type of economic environment'

Why Walmart is clobbering its rivals

Tesla price target bumped up to $515 by Wedbush

Netflix, Ford, Biogen: Trending tickers

MicroStrategy, Palantir, Axon to join the Nasdaq 100 next week

Walmart CEO explains how big investments are now paying off

CEOs Are Feeling a Lot More Upbeat About the New Year

China resident who stole Tesla trade secrets gets 2-year US sentence

Trump Says Masayoshi Son to Make $100 Billion U.S. Investment

Google names UK executive as president for Europe, Middle East and Africa

Softbank Pledges $100 Billion Cash Infusion into US Economy for AI

Jim Cramer’s Bold Prediction on Amazon.com, Inc. (AMZN)

Why Alphabet Inc. (GOOGL) Is One of The Most Held Stocks by Hedge Funds

Magnificent Seven Stocks: Nvidia Stock Sells Off; Google, Tesla Rally To New Highs

Amazon Teamsters Authorize Third Strike at U.S. Facility

Performance Overview