Why Walmart is Yahoo Finance's 2024 winner

BSE - Delayed Quote INR

S Chand And Company Limited (SCHAND.BO)

Compare

229.85

+2.55

(+1.12%)

At close: December 16 at 3:28:10 PM GMT+5:30

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
Tesla stock booms to new high as analyst ups price target to $515

Tesla stock’s end-of-year rampage rolled on, with shares hitting another new high based on optimism for Tesla's "autonomous opportunity" and a Trump-controlled executive branch.

Yahoo Finance 4 hours ago

TSLA
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

Yahoo Finance Video 5 hours ago

GOOG

MSFT

META
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.

Yahoo Finance 7 hours ago

BTC-USD
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

Yahoo Finance Video 7 hours ago

WMT
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

Yahoo Finance Video 7 hours ago

PANW

GRND

GRND-WS
Market breadth is a 'prove-it story': NYSE strategist

Mega-cap Big Tech names are outperforming in markets again, but can they keep the same momentum they once had? NYSE Senior Market Strategist Michael Reinking joins Morning Brief to discuss his outlook on breadth within the stock market. Reinking notes that the market (^DJI, ^IXIC, ^GSPC) expanded in breadth post-election, with mega-cap tech stocks beginning to recover. "We're at kind of an area where you'd like to see that breadth expansion start to... pick back up," he says, highlighting concerns about higher inflation and the potential for fewer rate cuts in 2025. He identifies financials and industrials as sectors positioned to benefit from increased market breadth expansion. Regarding a catalyst for market breadth, Reinking characterizes it as "a prove it story," noting the earnings gap between the Magnificent 7 and the other equal-weighted stocks in the S&P 500 (^GSPC) is likely to narrow. "It's going to be a situation where you need to see companies, A) being able to meet their earnings expectations, but you want to see the earnings revisions start to move more positively for that equal weight... contingent," he explains. 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 8 hours ago

META

MSFT

^DJI
Walmart is the 2024 Yahoo Finance Company of the Year

Walmart has secured Yahoo Finance's coveted annual Company of the Year award. Go inside its year and road ahead with CEO Doug McMillon and CFO John David Rainey.

Yahoo Finance 13 hours ago

AMZN

TGT

JPM
Fed rate decision, bitcoin above $106K, markets: 3 Things

The Federal Reserve meets in Washington, D.C., for the central bank's December policy meeting, the last of 2024, where Wall Street expects officials to cut interest rates by 25 basis points. Bitcoin (BTC-USD) rallied above $106,000 early Monday morning, as software firm MicroStrategy (MSTR) remains incredibly bullish on the cryptocurrency with plans to continue buying bitcoin. US stock futures (ES=F, NQ=F, YM=F) rally today, shaking off last week's performances from market averages as market breadth appears to decline. 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

ES=F

MSTR

BTC-USD
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 55 minutes ago

TSLA
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 1 hour 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 1 hour 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 1 hour 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
Trump and SoftBank Promise to Create 100,000 AI Jobs. It Won’t Be Easy.

AI companies hire expensive engineers, and not a lot of them. The average AI start-up has 785 employees, according to Barron’s analysis.

Barrons.com 2 hours ago

SFTBY
Nasdaq Closes at Record High; Dow Falls Ahead of Fed Meeting

The Nasdaq Composite closed at an all-time high Monday while the Dow Jones Industrial Average fell a

PREMIUM
MT Newswires 2 hours ago

COMP

^DJI

F
Tesla set to ride Trump tailwinds over next four years: Mizuho

Investing.com -- Tesla's swashbuckling rally isn't likely to cool anytime soon as loosing regulations will boost the EV maker's autonomous businesses just as chief executive Elon Musk's close relationship with President-elect Donald Trump paves the way for further growth over the next four years, Mizuho (NYSE:MFG) said in a recent note.

Investing.com 2 hours ago

TSLA

Performance Overview

Return	SCHAND.BO	S&P BSE SENSEX
YTD	-14.26%	+13.16%
1-Year	-7.06%	+14.36%
3-Year	+97.80%	+41.46%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

S Chand And Company Limited (SCHAND.BO)

Related News

Why companies like Walmart are rethinking their DEI approach

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

Tesla stock booms to new high as analyst ups price target to $515

Does the 'Magnificent Seven' have more room to run in 2025?

Bitcoin surpasses $107,000 to hit new high amid 'relentless' ETF demand

Why Walmart's success 'didn't happen by accident'

Palo Alto Networks, Grindr, SoundHound AI: Trending Tickers

Market breadth is a 'prove-it story': NYSE strategist

Walmart is the 2024 Yahoo Finance Company of the Year

Fed rate decision, bitcoin above $106K, markets: 3 Things

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

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

Trump and SoftBank Promise to Create 100,000 AI Jobs. It Won’t Be Easy.

Nasdaq Closes at Record High; Dow Falls Ahead of Fed Meeting

Tesla set to ride Trump tailwinds over next four years: Mizuho

Performance Overview