Walmart shares slide as U.S. sales hit by falling drug prices
The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over six years.
Last updated: 2026-08-20 12:18:02 ET
The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over six years.
The S&P 500 snapped a three-session losing streak earlier in the day.
Miners drag ASX lower as CBA falls; ASX 200 slides 0.8% to 9,115, capping a 1.7% weekly fall while US markets hit records ahead of BHP results.
Cisco is showing booming demand for AI infrastructure, but its results weren't good enough to satisfy investors.
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