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Walmart (WMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Reading the headlines might make you nervous about stock investing. After all, you're hearing about tariffs, stubborn inflation, and the possibility of a recession.
US retail sales rose by 0.2% in February, below economists' growth forecasts of 0.6% for the month; the University of Michigan's preliminary consumer sentiment reading for March saw the index fall to 57.9. TD Cowen senior research analyst Oliver Chen shares his top picks in the retail sector.
CNBC's Hugh Son joins 'Closing Bell Overtime' to talk Klarna and Walmart's OnePay deal.
This morning, news broke that the fast-credit fintech company Klarna has deposed its competitor Affirm as Walmart's exclusive provider of “Buy Now, Pay Later” (BNPL) loans.
On the heels of its IPO filing, Swedish fintech giant Klarna announced on Monday that it will exclusively provide buy now, pay later loans for Walmart.The partnership with Walmart is one that rival Affirm had previously owned.
CNBC's Hugh Son reports on news regarding Klarna.
Investors interested in Retail - Supermarkets stocks are likely familiar with J. Sainsbury PLC (JSAIY) and Walmart (WMT).
Not only did Klarna file for IPO today, but the company also inked a deal with Walmart (WMT) to become the retail giant's buy now, pay later provider. Caroline Woods notes Klarna's gain is Affirm's (AFRM) loss, as the company sold off after the announcement.
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