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Zacks News
Wal-Mart Tumbles on Profit Warnings: ETFs in Focus
by Sweta Killa
Wal-Mart (WMT) tumbled nearly 10% after market hours following a surprise profit warning. The mega-retailer cut its profit outlook for the second quarter and fiscal full-year owing to rampant inflation and a consumer cutback.
Walmart Slumps on Q1 Earnings Miss: ETFs in Focus
by Sweta Killa
Walmart tumbled 11% - the maximum in almost 35 years - after the company cut its earnings guidance.
Inflation Fear Overblown? 4 Retail Sector ETFs & Stocks Look Stout
by Sanghamitra Saha
Retail sales in the United States jumped 3.8% sequentially in January 2022, much better than market forecast of a 2% rise. . The reading marked the biggest increase in retail sales in 10 months despite rising inflation.
ETFs to Gain Post Solid Walmart Q4 Earnings
by Sweta Killa
Walmart (WMT) reported stronger-than-expected fourth-quarter fiscal 2022 results, outpacing both earnings and revenue estimates. The mega retailer forecast an upbeat full-year outlook.
ETFs to Gain on Strong Q3 Walmart Earnings
by Sweta Killa
The solid results are expected to fuel a rally in ETFs having the highest allocation to the world's largest brick-and-mortar retailer.
ETFs in Focus as Amazon Agrees to Buy MGM Studio
by Sweta Killa
Amazon has agreed to acquire Metro-Goldwyn-Mayer Studios, the home of James Bond and one of the most iconic movie studios in Hollywood, for $8.45 billion.
Consumer Discretionary ETF (IEDI) Hits New 52-Week High
by Sweta Killa
This consumer discretionary ETF hits a new 52-week high. Are more gains in store for this ETF?
4 Sector ETFs at All-Time Highs
by Sanghamitra Saha
Wall Street has been in great shape this year. At the current level, the S&P 500 and the Dow Jones have been hovering around the all-time high levels.
ETFs in Focus as Amazon Gears Up For Q4 Earnings
by Sweta Killa
The online behemoth has reasonable chances of an earnings beat and saw positive earnings revisions ahead of its Q4 report.
Walmart Q3 Results Put These ETFs in Focus
by Sweta Killa
ETFs having the highest allocation to Walmart have been in focus following Q3 results.