Walmart Canada Boosts Wages for 40,000 Workers: Details

Walmart Canada raised the hourly wage earlier this month for approximately 40,000 store associates. The wage hike is part of Walmart Canada’s broader strategy to develop talent and modernize work processes. Walmart Canada has invested in digital handheld devices for store associates to enhance customer service.

Walmart Considers $200M Bet On Self-Driving Forklifts To Boost Automation

Walmart Inc is likely to invest $200 million in self-driving forklifts to automate more of its warehouse operations. The world's largest retailer plans to buy potentially hundreds of autonomous forklifted from Fox Robotics. The move is part of Walmart's strategy to compete with Amazon.

Sector rankings to consider with a market rotation underway

Financials Tech Energy Consumer Sector rankings to consider with a market rotation underway. A stock market rotation has been seen in recent weeks. Seeking Alpha polled 1,000 subscribers on the strongest and weakest sectors of the market in July. The graphic below reflects the dominant responses for each sector.

Should You Invest in the Vanguard Consumer Staples ETF (VDC)?

Has An Age-Old Relationship Changed?

The Best Tech And Energy Stocks Should Remain Strong

VDC: Diminishing Long-Term Earnings Prospect, And Valuation Expensive

Navigate 2024 Tax Plans With Strategic ETF Investments

Weekly Report: what happened at VDC last week (0715-0719)?

Retail Sales Flat In June, Better Than Expected

Census Bureau's Advance Retail Sales Report for June revealed headline sales were flat last month. Core sales rose 0.4% in June, coming in higher than the expected 0.1% growth. Retail Sales Flat In June, Better Than Expected. The latest reading was above the expected monthly decline in consumer spending.

Retail Sales Excl. Autos And Gasoline Jump By Most In 18 Months, Push Up Atlanta Fed GDPNow To 2.5%

June U.S. Retail Sales Show Surprising Vigor

Philip Morris Expands US Operations With $600M Colorado Plant

Philip Morris International to establish a manufacturing facility in Aurora, Colorado. The new plant is expected to create 500 direct jobs and generate $550 million in annual economic impact. The company aims to shift adult smokers in the U.S. Away from traditional cigarettes. The plant will produce Swedish Match ZYN nicotine pouches.

Flat Retail Sales Report Shows 'A More Discerning Consumer' Keeps Spending, Economists Say

U.S. Retail sales remained flat in June, matching the forecasted reading. Economists say a more discerning consumer continues to spend. The report should be positive for markets, but doesn't negate expectations the Fed will cut rates in September, analysts say. U.S.- retail sales fell from 0.3% growth in May to zero growth in June.

Savvy Shoppers Await Prime Week Deal Competition

Amazon Set To Top Last Year's Prime Day Results Due To Early Deals, Analysts Say

Bank of America expects sales for this year's Prime Day to jump 7% to $13 billion. The company will offer discounts on hundreds of items to consumers with Amazon Prime memberships. Analysts say Prime Day sales should beat last year's results due to early access deals.

Weekly Report: what happened at VDC last week (0708-0712)?

Is Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) a Strong ETF Right Now?

Top quant picks in consumer staples ahead of Q2 earnings

Consumer Top quant picks in consumer staples ahead of Q2 earnings. Consumer Staples Select Sector SPDR Fund (XLP) was the fourth best-performing sector in Q2. Staples are said to be less susceptible to economic cycles. The consumer staples sector has recorded the fourth-largest percentage decrease in estimated earnings.

Q3 2024 Equity Market Outlook

Home Market Outlook Today's Market Q3 2024 Equity Market Outlook: Neuberger Berman 2.93K Followers. We expect further corporate earnings growth across sectors, fueled by rising household net worth and a global industrial rebound. We recommend overweighting technology, communications and consumer discretionary stocks.