Market Update: HP, WMT, WYNN

From Yahoo Finance: 2025-05-16 12:52:00

  • HP reported a 7% drop in revenue but beat profit expectations, with earnings of $0.92 per share. The company also announced a $15 billion share buyback program.
  • Walmart saw a 2.7% increase in same-store sales, exceeding expectations. E-commerce sales surged 37% as the retailer continues to benefit from the shift to online shopping.
  • Wynn Resorts reported a net loss of $201.7 million in the fourth quarter, with revenue falling 58.8% due to the impact of the pandemic on its casinos in Las Vegas and Macau. The company remains optimistic about recovery in the coming months.



Read more at Yahoo Finance: Market Update: HP, WMT, WYNN