From Yahoo Finance: 2025-05-19 05:29:00

President Trump criticized Walmart for potential price hikes due to tariffs on Chinese imports, causing a 2% drop in stock prices. Despite strong sales and profits, Walmart faces pressure to not raise prices. Walmart CEO Doug McMillon met with Trump in April to discuss tariffs. Walmart warns of price increases on items like baby strollers and toys due to tariffs, impacting suppliers like Newell Brands. Quarterly earnings were mixed, with sales falling slightly short of estimates but earnings per share beating expectations. Walmart expects challenges if tariffs return to previous levels. Analysts maintain positive outlook on Walmart’s stock. 1. The stock market saw a sharp decline today, with the Dow Jones dropping 500 points due to concerns over rising interest rates and inflation.

2. A new study found that nearly 70% of Americans are not saving enough for retirement, with millennials being the most at risk of not having enough savings.

3. The FDA has approved a new drug for the treatment of Alzheimer’s disease, offering hope to millions of patients and their families.

4. The United Nations reported that global carbon emissions have reached a record high, with China and the United States being the biggest contributors to the increase.

5. A major cyberattack targeted several government agencies and businesses, leading to concerns about cybersecurity and the need for stronger defenses against hackers.



Read more at Yahoo Finance: Walmart stock slips as Trump takes aim at retail giant over tariff-fueled price hikes