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Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit

Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit Extending concerns about US consumer weakness - now that the bumper OBBBA tax refund period is over - after yesterday's earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers.  In the latest quarter, the world’s largest retailer said comparable sales in US stores rose 4.1%,...
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Apr 12, 2026 / Tyler Durden
Swalwell Quits CA Governor's Race Amid Sexual Assault Allegations
Swalwell Quits CA Governor's Race Amid Sexual Assault Allegations Update: Swalwell suspended his California gubernatorial campaign on Sunday as furor over his sex assault allegations reached a fever pitch. "To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve made in my past," he wrote on X. "I will fight the serious, false allegations that have been made — but that’s my fight, not a campaign’s."  I am suspending my campaign for Governor. To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve...
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Apr 2, 2026 / Tyler Durden
Watch: Armed Robot Dog Leads Close-Quarters Combat Drill
Watch: Armed Robot Dog Leads Close-Quarters Combat Drill A video circulating on X appears to show a close-quarters battle exercise, possibly involving the Chinese military, in which a heavily armed quadruped robot is used for clearing of rooms and hallways. A private company in Shandong, China, demonstrated the correct use of robotic “wolves” and drones: they first provide fire suppression, then soldiers advance. I think the only shortcoming of the robotic wolves is that they don’t perform flanking maneuvers and are not yet smart… pic.twitter.com/QCgWIsS7xh — China pulse 🇨🇳 (@Eng_china5) April 1, 2026 That...
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Feb 26, 2026 / Tyler Durden
Tech Bosses To Meet At White House, Pledge Their Data Centers Won't Boost Electricity Bills
Tech Bosses To Meet At White House, Pledge Their Data Centers Won't Boost Electricity Bills Authored by Jacki Thrapp via The Epoch Times (emphasis ours), Leaders in big tech are expected to meet with President Donald Trump at the White House next week to pledge that their data centers will not increase the energy bills of Americans living near the facilities. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. Justin Tallis/AFP via Getty Images “Major tech companies will join President Trump at the...
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