For Cheddar's Generation Trader series, sponsored by E*TRADE, we are going to highlight the most compelling business stories moving the market while utilizing E*TRADE's innovative trading platform. Cheddar Anchors Hope King and Baker Machado explain the factors driving Walmart's growth in the retail space.
Walmart is quietly outperforming the retail sector and the broader market. Walmart acquired Jet.com last year, and e-commerce sites Bonobos and Modcloth in 2017. The company is holding its own against the likes of Amazon.
Amazon and Walmart have both grown more than 40 percent year-to-date. On Wednesday, in a blog post, Walmart CEO Doug McMillon announced the company is changing its corporate name from "Wal-Mart Stores" to "Walmart." McMillon wrote, "changing our corporate name to Walmart is a way of better reflecting our company's path to win the future of retail."
Larry Cuculic, President and CEO of WorldHotels, explains Best Western's global rebrand, its new loyalty program and its strategy to compete with hotel giants.
Emily Ketchen, Lenovo's Chief Marketing Officer, discusses how Gen Z uses AI, what students expect from the technology and the future of AI-powered devices.
Christopher Zara, News Director at Fast Company, breaks down Apple's $114 billion quarter, its foldable iPhone and new CEO John Ternus' first big test.
Emily Peck, Axios reporter and co-author of Axios Markets, breaks down AI funding, Anthropic’s IPO and how the midterms could threaten data center investments.
Tim Luckow, Co-Founder and CEO of Notes.fm, discusses $10 million in missing music royalties, AI’s impact on artist payments and the future of music ownership.
Thomas DiFazio, ETF Strategist at Roundhill Investments, breaks down the Fed’s rate decision, inflation risks and what comes next for stocks and small-caps.
