Walmart, Taiwan Semiconductor, Netflix, Carnival and more

Bing Guan | Bloomberg | Getty Images Check out the companies that made the biggest moves in the middle of the day. Walmart — Retailer Walmart shares jump more than 7% after reporting quarterly earnings which beat Wall Street’s expectations and increased the guidance going forward. The company reported adjusted earnings per share of $1.50 … Read more

Meta, Apple, Walmart, Netflix, Roblox

Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley reiterates Walmart for being overweight Morgan Stanley says Walmart+ could be worth $45 billion. “As of AlphaWise, Walmart+ membership hit a record ~18.5 million after increasing ~2 million in September.” KeyBanc reaffirms Apple as an overweight KeyBanc saying that a survey check shows the ongoing … Read more

Don’t expect cable TV-like package for streaming services any time soon

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streaming media, and it revolves around bundling. There’s a consistent drumbeat of expectation that streaming services will eventually all bundle … Read more

Apple, Coinbase, SoFi, Tesla, Netflix, Target

Here are Wednesday’s biggest calls on Wall Street: BTIG raises Nikola to buy from neutral BTIG says electric vehicle trucking companies are well positioned to benefit from truck decarbonization. “We upgraded NKLA to Buy because we believe NKLA is well positioned to benefit from the growing demand to decarbonise the Class 8 truck market.” Loop … Read more

Walmart won’t hold rival event to Amazon Prime Day

Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box giant, like other retailers, has … Read more