On Market View today: Walmart reportedly looking to sell stake in JD; Circle K and 7-Eleven; Netflix saw 150% surge in upfront ad commitments; Sats hot stock of the day after returning to the black; Sembcorp Green signs agreement for export of green ammonia; Fed minutes and earnings from TJX, Target, Analog Devices and more Singapore shares started trading in negative territory today. In early trade, the Straits Times Index (STI) inched down 0.1 per cent to 3,368.54 points after 58.4 million securities changed hands in the broader market. In terms of companies to watch, we have Sats being the hot stock of the day. That’s after the in-flight caterer and ground handler reversed earlier losses and posted a net profit of S$65 million for the first quarter ended June 2024 last evening. Elsewhere from how Walmart is reportedly seeking to sell its stake in JD to Netflix turning to advertising to broaden its revenue streams – more corporate headlines remain in focus. Also on deck – convenience store chains 7-Eleven and Circle K! Glad to unpack the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities. Many thanks to Thilan for joining us on MONEY FM 89.3! Catch the podcast episode on Awedio, Apple podcast and Spotify at the links below. Podcast links: https://lnkd.in/g4wc_-aB https://lnkd.in/g3cwQiyF https://lnkd.in/gNDbSpWQ H Abigail #singapore #sgx #sti #stockmarket #us #inflation #tightening #cooling #federalreserve #fed #interestrates #ratecuts #sats #earnings #profitability #sembcorpgreen #greenammonia #india #japan #walmart #jd #sale #stake #samsclub #seveneleven #sevenandi #valuation #northamerica #netflix #advertisements #adcommitments #squidgame #nationalfootballleague #fedminutes #jeromepowell #tjx #target #analogdevices #priority
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I found this article very interesting as a customer of Walmart! Walmart is planning to expand their advertisement by buying the T.V. maker Vizio for $2.3 billion. Do you think this is a smart investment for Walmart? How would it impact their business? #mngt361 #expandyourbusiness
Walmart to buy TV maker Vizio for $2.3 billion to expand advertising
washingtonpost.com
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We knew this was coming, but still exciting news from Walmart, nonetheless. The acquisition of Vizio not only expands their reach but also amplifies their advertising capabilities. With access to Vizio's 18 million active users and ad viewership data, Walmart can tailor their advertising efforts more effectively. By merging Vizio's advertising solutions with Walmart Connect, this move is poised to accelerate Walmart's media business in the U.S. Additionally, with the rise of connected TV platforms and Walmart's leading position in TV panel sales, the synergy between the two giants is set to reshape the advertising landscape. #Walmart #Vizio #AdvertisingSynergy #AdvertisingEvolution #connectedtv #ctvadvertising #ctv
Walmart confirmed it reached a deal to acquire TV-maker Vizio when announcing earnings Tuesday. It's buying a lot for $2.3 billion. Read more about the deal and Walmart's Q4 results: https://lnkd.in/gTrXDccZ
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Big names involved in M&A activity among the Global 5000 companies last week -- Capital One (ranked #431) announced they were acquiring Discover Financial Services. (#1115). This potential deal will face a lot of scrutiny, so don't mark it done yet. Walmart (#1) announced it was acquiring TV maker VIZIO (#4369) in a deal that looks more like an Amazon play than traditional retailing. #mergersandacquisitions #Global5000
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Walmart Beats, But Could Investors Still Be Left Holding the Bag? - https://lnkd.in/gApKQ7UA This cash flow beast of a retailer just topped expectations on the top and bottom lines, but is there a risk for investors? Read More: Walmart Beats, But Could Investors Still Be Left Holding the Bag?
Walmart Beats, But Could Investors Still Be Left Holding the Bag?
https://financialmarket.site
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Here's an extremely capitalistic business strategy used by Conglomerates -Buyout everything from suppliers at a low cost, create a monopoly of goods, and then sell it at a higher price. Walmart is an example of a company that does this! Also know as The Walmart Effect this strategy has a tremendously negative effect on local businesses that just cant compete with Walmart and are forced to shut down. #WalmartEffect #BusinessStrategy #Capitalism #MarketDominance #LocalBusiness #RetailGiants #EconomicImpact #SmallBusinessStruggles #RetailMarket #SupplyChainManagement #CorporateStrategy #MarketCompetition #ConsumerPrices #GlobalEconomy #SupplierPressure #RetailIndustry #EconomicDisruption #BusinessMonopoly #PriceWars
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According to a U.S. Securities and Exchange filing by Vizio, Walmart voluntarily withdrew its proposal to buy Vizio to refile the Hart-Scott-Rodino notification report form for the merger so the antitrust agency has additional time to review the proposed deal. #mergersandacquisitions #retailmedia #vizio #walmart
Walmart to refile antirust paperwork with Vizio deal - Talk Business & Politics
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☀️ Good Morning! ☀️ Tuesday brought losses in U.S. equities as investors anxiously awaited earnings reports from major retailers, navigating uncertainty over the prospect of a smooth economic slowdown. 📉 The S&P 500 and the Nasdaq stayed in the red all day, declining by 0.60% & 0.92%, respectively, while the Dow Jones had a milder dip of 0.17%. 🛒 Walmart (WMT) is gearing up to take on Amazon Prime (AMZN) in the advertising and media space. How? By announcing its $2.3 billion acquisition of Vizio (VZIO), a smart TV manufacturer. Experts predict this move will turbocharge Walmart's retail media arm, Walmart Connect, which saw a 22% increase in Q4 revenues compared to the previous year in the U.S. 📺 What's the plan? Walmart plans to leverage TV viewing data to promote products across its platforms, potentially entering direct e-commerce sales through the connected TV platform. This strategic move not only aligns with the trend of abandoning traditional cable services but also offers Walmart valuable customer data. 💡 Big picture: Walmart sees Vizio as a golden opportunity for data and advertising influence. Vizio's stock soared by over 15%, while competitor Roku (ROKU) dipped around 7% on investor concerns about potential market share loss in the streaming technology sector. 💳 In the finance world, Capital One made waves by announcing a $35.3 billion megadeal acquisition of Discover Financial Services. If approved, this deal positions Capital One as the top credit card firm in the U.S. by loan volume, surpassing JPMorgan and Citigroup. The move aims to create a competitive payments network, challenging industry giants like Visa and Mastercard. ❓ Why Discover? Discover, with its credit cards and payment network, adds unique value. Capital One CEO Richard Fairbank aims to rival major players in the payments industry. 🔍 But there's a catch: Regulatory authorities will scrutinize the acquisition for antitrust concerns. Consumer Financial Protection Bureau Director Rohit Chopra has already voiced concerns about the lack of competition in the credit card market. This deal would make Capital One the sixth-largest bank by assets. 🏦💳 #EdgarDailyMarketMusings #MarketUpdate #Walmart #CapitalOneDiscoverDeal 📊🌐
Today in the Market (2/20/2024)
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Walmart’s announcement that it is buying TV manufacturer VIZIO for $2.3B is a 21st Century version of Costco Wholesale’s famous hotdog/soda combo. Since 1984, Costco has kept the price of its hotdog/soda combo the same ($1.50) even though inflation suggests the price should be $4.25. Why? In business world, Costco’s hotdog/soda combo is called a “loss leader” which is defined as a product sold at a loss to attract customers. Walmart’s purchase of Vizio will be similar Costco’s loss leader except the goal will not be to get customers in stores but to pull in a captive TV audience so Walmart can push its products/services. This is a brilliant marketing ploy by Walmart to increase their market share for online purchases. I would not be surprised if Amazon and Target make similar acquisitions of TV manufacturers. Costco is proving to us once again that a hotdog/soda combo can win customers! #business #marketing #sales #hotdog
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M&A Boom Hits 2024: US Leads the Charge The M&A party is back, and Uncle Sam is throwing the confetti! 🇺🇸 Deals are surging, with the US at the forefront. Think Capital One's $35 billion bid for Discover and Walmart's Vizio buy. So far, global deals hit a whopping $425 billion, up 50% YoY! But hold the bubbly... Capital One + Discover might raise regulatory eyebrows. Still, rising markets and the end of interest rate hikes are fueling the fire. US deal values are up 80% YoY, compared to 40% in Europe. What's driving this frenzy? Share your thoughts! #MandA #MarketBoom #USDeals #CapitalOne #Discover #Walmart #Vizio #BusinessNews #Dealmaking#LinkedinNews
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🚨 Walmart Exits JD.com: A Major Shift in China’s Tech Scene! 🚨 In a bold move, Walmart has completely sold off its nearly 10% stake in JD.com, netting around $3.6 billion 💰. This decision caused JD.com's shares to tumble over 10% 📉, echoing the plunge seen when Tencent divested its shares three years ago. Walmart’s strategic partnership with JD.com once seemed crucial in competing against Alibaba, but the landscape has changed dramatically 🌐. With over 400 Walmart and Sam’s Club stores in China 🇨🇳, Walmart is now focusing on its own ecommerce efforts and other diversified retail strategies. Why the exit? 🛒 China’s ecommerce giants, including JD.com, are feeling the squeeze. Growth is slowing 📉, margins are tightening, and even China’s famed 618 shopping festival saw a dip in sales for the first time ever. JD.com’s stock has dropped by a staggering 75% since its 2021 peak 😮. Meanwhile, Alibaba, despite spending billions on buybacks, is trading at just 9x forward earnings, while JD.com is at an even lower 7x. For comparison, Amazon trades at 35x! 💡 What does this mean for investors? The future of China’s tech stocks remains uncertain, with no clear bottom in sight. Walmart’s exit could be a sign of more shifts to come in this turbulent sector. #Ecommerce #ChinaTech #Walmart #JDcom #Investing #TechStocks #Retail #Alibaba #MarketShift
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Director at Sarika
3moLove this