Walmart Plans to Sell Vizio TVs Exclusively as a Private Brand
The Bentonville, Arkansas-based company shelled out $2.3 billion to buy Vizio last year to boost its advertising footprint. Vizio TVs are currently sold at Amazon.com Inc., Target Corp. and other retailers, and the company also produces operating software.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
Corning Inc. (GLW) Surges 12% as Earnings, Outlook Impress
We recently published Corning Inc. (NYSE:GLW) is one of the companies that stood stronger last week. Corning Inc. grew its share prices by 12.08 percent week-on-week as investor sentiment was bolstered by an outstanding earnings performance and an optimistic outlook. Based on its updated report, Corning Inc. (NYSE:GLW) expanded its net income by 351 percent in the second quarter to $469 million from the $104 million in the same period last year. Net sales also increased by 19 percent to $3.86 billion from $3.25 billion year-on-year. According to the company, the jump was primarily driven by key secular trends and its 'More Corning' content strategy which helped drive demand. Encouraged by the results, Corning Inc. (NYSE:GLW) raised its growth outlook for the rest of the year, with both sales and earnings expected to grow by double digits year-on-year. Core sales were pegged at $4.2 billion while EPS was targeted at a range of $0.63 to $0.67. Copyright: etfoto / 123RF Stock Photo 'Third quarter guidance factors in about $0.01 to $0.02 for the impact of currently enacted tariffs, along with $0.02 to $0.03 of temporarily higher cost as production ramps to meet increased demand for new Gen AI and US-made solar products,' Corning Inc. (NYSE:GLW) said. While we acknowledge the potential of GLW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
28 minutes ago
- Yahoo
Indivior Plc (INDV) Jumps 22.8% on Impressive Earnings, Outlook
We recently published Indivior PLC (NASDAQ:INDV) is one of the companies that stood stronger last week. Indivior PLC soared by 22.81 percent week-on-week as investors took heart from its impressive earnings performance and a higher growth outlook for the year. In an updated report last week, Indivior PLC (NASDAQ:INDV) said that it swung to a net income of $18 million in the second quarter of the year from a $97 million net loss in the same period last year. Net revenues inched up by 1 percent to $302 million from $299 million year-on-year, thanks to a strong performance in its Sublocade drug, supported by stable prices from its Suboxone drugs. For the first half, Indivior PLC (NASDAQ:INDV) recorded a $65 million net profit, reversing a $36 million net loss in the same period last year. Revenues, however, dipped by 2.6 percent to $568 million from $583 million year-on-year. Copyright: zneb076 / 123RF Stock Photo Following the promising results, the company raised its net revenue guidance for full year 2025, now at a range of $1.03 billion to $1.08 billion, versus the $955 million to $1.025 billion previously. While we acknowledge the potential of INDV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28 minutes ago
- Yahoo
eBay Inc. (EBAY) Touches New High on Strong Q2, Outlook
We recently published eBay Inc. (NASDAQ:EBAY) is one of the companies that stood stronger last week. Ecommerce platform eBay Inc. (NASDAQ:EBAY) jumped by 12.66 percent week-on-week to hit a new all-time high as investor sentiment was boosted by an impressive earnings performance and an optimistic growth outlook for the rest of the year. During the week, the company touched its highest 52-week price of $92.79 after reporting a 64 percent growth in its net income in the second quarter, at $368 million versus $224 million in the same period last year. Revenues jumped by 6 percent to $2.73 billion from $2.57 billion year-on-year. Following the results, eBay Inc. (NASDAQ:EBAY) raised its growth outlook for the third quarter of the year to a range of $2.69 billion and $2.74 billion, or an increase of 4 to 6 percent from the $2.576 billion actual revenue in the third quarter of 2024. Diluted earnings per share was also pegged at $0.97 to $1.02, lower than the $1.29 posted in the third quarter of 2024. On September 12, all shareholders of eBay Inc. (NASDAQ:EBAY) common shares as of August 29 record are expected to receive $0.29 worth of cash dividends. While we acknowledge the potential of EBAY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
