Nov 16, 2017

Walmart stock soars on earnings

Walmart shares climbed more than 8% on Thursday morning — representing more than $24 billion in added market value — after reporting third quarter profit and sales that were much higher than expected.

Why it matters: While Walmart reported 50% growth in e-commerce sales, the overall $123 billion in revenue is a reminder that retailers with large physical presence can still compete with Amazon. It's also the ninth straight quarter that Walmart has beat Wall Street analyst estimates.

Data: Money.net; Chart: Axios Visuals

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Amazon's year of turbulence

Illustration: Sarah Grillo/Axios

Amazon's 2019 was full of headline-grabbing moments — everything from political fights to new records for the company that have upended the way we shop.

The big picture: The tech giant's year started with a fight with New York City and ended with its biggest single sales day in history. And there were plenty of dramatic days in between.

Go deeperArrowDec 29, 2019

Tesla short sellers wish Elon Musk had funding secured at $420

Data: Money.net; Chart: Axios Visuals

Tesla has been among the most derided companies in the world, but CEO Elon Musk has been getting revenge against hated short sellers since the electric car company's June swoon.

Why it matters: Many probably wish Musk had taken the company private at $420 a share, as he said he would in an August 2018 tweet in which he claimed to have "funding secured" for the move.

Go deeperArrowJan 14, 2020

S&P earnings expected to grow in Q4 for the first time since 2018

Reproduced from FactSet; Chart: Axios Visuals

Given the way S&P 500 earnings have beaten estimates over the past few years it is likely the index will report earnings growth in the fourth quarter — the first and only quarter of growth last year.

Between the lines: John Butters, FactSet's senior earnings analyst, said in a note that on average nearly three-quarters of S&P 500 companies' actual earnings have exceeded estimates by about 5%.

Go deeperArrowJan 6, 2020