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Walmart said Tuesday it would cut or relocate about 1,000 corporate workers as it looks to combine more of its global-technology and product teams, according to people familiar with the situation. This past summer Walmart hired Daniel Danker, who was an Instacart executive, to fill a new role as head of global AI acceleration. Since then Danker and Walmart’s head of global technology, Suresh Kumar, have reviewed their internal structures and decided to streamline some teams to operate more efficiently, the leaders said in a memo sent to staff Tuesday and viewed by The Wall Street Journal.

Voice and agentic AI specialist SoundHound AI (NASDAQ:SOUN) just delivered its sixth straight earnings beat, and our model has digested the results. Here is where the 24/7 Wall St. price target lands. Our price target for SoundHound is $17.91, implying 85.98% upside from the current $9.63 share price. Our recommendation is buy with a moderate ... We’re Bullish on SoundHound With Six Straight Earnings Beats

There's a version of Walmart most people still picture. Fluorescent lights, crowded aisles, maybe a cart with a wobbly wheel. That version still exists. But the company Wall Street is paying 43 times forward earnings for? That's a different beast entirely.As of 2026, Walmart is a 63-year-old ...

The Dow Jones Industrial Average added 0.2%, while the S&P 500 also inched 0.2% higher and the Nasdaq Composite edged up 0.1%. Investor attention is focused squarely on events later in the week, including inflation data and a meeting between the U.S. and China. Sure, there’s still a war going on, and the impasse in the Gulf shows no signs of ending as the U.S. and Iran fail to reach a peace agreement.

The major indexes rose slightly Monday as AI and chips shrugged off higher oil prices as Trump said Iran ceasefire "on life support."

Stock Market Today: Futures were down while oil prices rose on Iran tensions. Intel, Lumentum, Moderna, Circle Internet are winners..

This retailer is well positioned to survive higher gas prices.

Funko (NASDAQ:FNKO) executives said the company delivered a “really strong” first quarter as momentum from late 2025 carried into the new year, pointing to higher sales, record gross margin and improved point-of-sale trends. The company hosted its first-quarter financial results discussion from Fun

Moby summary of Lifetime Brands, Inc.'s Q1 2026 earnings call

Upcoming results from Walmart, Target and other retailers could offer fresh insight into how consumers are handling high gas prices and a tougher economic backdrop.

Checking out from a grocery store used to be a relatively simple thing. You waited in line, then a person scanned your items, you paid — maybe even by writing a check — and then went on your way. Some stores had 10-items-or-less lines, and the closest thing to a checkout controversy would be when ...

(Bloomberg) -- Krispy Kreme Inc. reported earnings that were broadly in line with estimates and tightened its debt reduction target, signaling its recovery plan is gaining traction.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony to Pay Almost $4 Billion for Bieb

While overall layoffs dropped in the first four months of 2026, AI helped drive more than 85,000 job cuts at technology companies.