General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau Register now for FREE unlimited access to Reuters.com Register LONDON, May 18 (Reuters) – British startup Wayve said on Wednesday it will use supercomputer infrastructure designed for the firm by its investor Microsoft (MSFT.O) to process vast amounts of…
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Wall Street ends sharply higher, fueled by Apple
Walmart slides after cutting earnings forecast April retail sales rise in line with estimates S&P 500 +2.02%, Nasdaq +2.76%, Dow +1.34% May 17 (Reuters) – Wall Street finished sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten of…
Walmart stores expected to post high shopper traffic amid deepening inflation pain
NEW YORK, NY, May 16 (Reuters) – Walmart Inc (WMT.N) is expected to show a steady rise in gross margins and revenue when it reports first-quarter results on Tuesday as price conscious shoppers, feeling the strain of persistent inflation , increase visits to the low-cost retailer. Walmart has averaged a 4.9% increase in monthly visits…