John David Rainey

Walmart Inc. (NYSE:WMT) reported a strong quarter amid a weaker 2026 forecast during its fourth-quarter earnings call. The company highlighted a surge in its artificial intelligence use cases to manage its inventory, supply chain, deliveries, and developer efficiency. What Happened: The retail...

Walmart, Inc. (NYSE:WMT) shares dropped Thursday after the mega-retailer issued 2026 fiscal-year revenue and profit targets below analysts' expectations. Walmart CFO John David Rainey gave further insight into the company's outlook on a conference call with analysts following the print.  The...

There is such a slew of conflicting indicators and commentary on the economy swirling around these days that it may be hard to get a grip on how the consumer is doing. Walmart Inc. (NYSE:WMT), the world’s largest retailer, beat Wall Street forecasts for second-quarter profits and sales as it...

The year 2024 has seen some eye-popping contrasts in the tech industry. While Tesla Inc (NASDAQ:TSLA) is leading massive layoffs, cutting 14% of its workforce, other tech giants such as Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) are busy bumping up executive salaries by...