Walmart
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Walmart stopped showing ads on X.
Walmart's social media shift.
The retail giant reveals it's steering clear of Elon Musk's platform X for advertising.
"We've found better ways to connect with our customers on different platforms," says a Walmart spokesperson.
#Walmart #SocialMediaStrategy #Twitter #X #Elonmusk $BTC $SOL $XRP
Walmart stopped showing ads on X.
Walmart's social media shift.
The retail giant reveals it's steering clear of Elon Musk's platform X for advertising.
"We've found better ways to connect with our customers on different platforms," says a Walmart spokesperson.
#Walmart #SocialMediaStrategy #Twitter #X #Elonmusk $BTC $SOL $XRP
US bond trading slows down, and employment data is perplexing😬
With corporate issuance taking a breather today, with $55bn already priced between Monday — Wednesday, treasury volumes feel back to ~60% of normal with 2yr yields dropping back below 5% on some bargain buying. On US data, the labour picture continues to confuse, with weekly claims dropping to 216k, the lowest levels since Feburary, while Walmart announced it will be cutting starting pay for some new hires on rising cost concerns. On the other hand, the Atlanta Fed’s Wave Tracker slowed to 5.3% YoY from 5.7% last month, along with a narrowing of the job changes vs job stayers gap, showing some continued softening of the red-hot labour market.
#Bond #bitcoin #crypto2023 #US #Walmart
With corporate issuance taking a breather today, with $55bn already priced between Monday — Wednesday, treasury volumes feel back to ~60% of normal with 2yr yields dropping back below 5% on some bargain buying. On US data, the labour picture continues to confuse, with weekly claims dropping to 216k, the lowest levels since Feburary, while Walmart announced it will be cutting starting pay for some new hires on rising cost concerns. On the other hand, the Atlanta Fed’s Wave Tracker slowed to 5.3% YoY from 5.7% last month, along with a narrowing of the job changes vs job stayers gap, showing some continued softening of the red-hot labour market.
#Bond #bitcoin #crypto2023 #US #Walmart
Walmart Warns of Consumer Tightening, Shares Drop 9%👀
On the equity side, while indices managed to pull out a small gain, Walmart shares fell 9% on the day as management warned analysts that sale price increases are stalling and could begin to reverse (ie. deflation) in the coming quarters as consumers retrench. Specifically, the company cited that there was a "sharper fallout" in sales during the last 2 weeks of October and that they have "turned more cautious on the consumer than they did 90 days ago", ecohing concerns from other retailers such as Target and Home Depot.
#Walmart #StockDrop #inflation #Target #HomeDepot
On the equity side, while indices managed to pull out a small gain, Walmart shares fell 9% on the day as management warned analysts that sale price increases are stalling and could begin to reverse (ie. deflation) in the coming quarters as consumers retrench. Specifically, the company cited that there was a "sharper fallout" in sales during the last 2 weeks of October and that they have "turned more cautious on the consumer than they did 90 days ago", ecohing concerns from other retailers such as Target and Home Depot.
#Walmart #StockDrop #inflation #Target #HomeDepot
The launch of the "Store N°8 Base Camp" web 3 accelerator program by Walmart's Store N°8 and Outlier Ventures indicates their commitment to exploring decentralized solutions to enhance retail and commerce processes. The selected companies, including HypeLab, Reveel, Tide Protocol, Tokenguard, and Unblock, will have the opportunity to participate in a 12-week incubator program, where they can work on innovative web 3 projects to potentially revolutionize the retail industry. It's an exciting initiative that highlights the growing interest in web 3 technologies and their applications in various industries. 🚀🛒 #Walmart #web3 #accelerator #decentralization
