Walmart beats estimates, raises outlook as it sees stable consumer health
Economy

Walmart beats estimates, raises outlook as it sees stable consumer health

Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company’s stores and website drew more visits, and sales outside the grocery department improved. The discounter beat Wall Street’s expectations for sales and profits, and its shares climbed 6% in morning trading. Walmart said it now expects sales to […]

Amazon to test Prime Air drone delivery service in the UK
Economy

Amazon to test Prime Air drone delivery service in the UK

An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images Amazon and six other organizations have been selected to take part in a trial looking at expanding the use of drones in the U.K. The country’s Civil Aviation […]

UK economy expands 0.6% in second quarter; June growth stalls
Economy

UK economy expands 0.6% in second quarter; June growth stalls

A guided tour in the center of in York, UK, on Friday, June 7, 2024. Bloomberg | Bloomberg | Getty Images The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday, continuing the country’s cautious recession rebound. The reading was in line with the expectations […]

Microsoft raises prices of Xbox video game consoles due to ‘market conditions’
Economy

Microsoft raises prices of Xbox video game consoles due to ‘market conditions’

Microsoft CEO Satya Nadella speaks during an event celebrating the 50th Anniversary of Microsoft in Redmond, Washington, on April 4, 2025. Stephen Brashear | Getty Images News | Getty Images Microsoft said Thursday that it has increased the recommended retail prices of its Xbox video game consoles and some controllers globally due to “market conditions.” […]

Anthropic’s Claude can now generate invoices on PayPal and analyze sales on Square
Economy

Anthropic’s Claude can now generate invoices on PayPal and analyze sales on Square

Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Anthropic’s Claude can now assign tasks on Asana generate invoices on PayPal, analyze sales on Square and perform other duties across business apps. The integrations announced on Thursday mark the next […]