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X @Cointelegraph
Cointelegraph· 2025-10-03 15:01
Fintech & Crypto - OnePay, a Walmart-backed fintech company, plans to launch crypto trading and custody services later this year [1] - The initial crypto offerings will include Bitcoin ($BTC) and Ethereum ($ETH) [1]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-10-03 12:29
Crypto Adoption - Walmart-backed fintech OnePay 将提供比特币和加密货币交易及托管服务 [1] - 行业对加密货币的接受度呈乐观态度 (Bullish) [1]
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
CNBC· 2025-10-03 11:00
Core Insights - OnePay, a fintech firm majority-owned by Walmart, is expanding its offerings to include cryptocurrency trading and custody services on its mobile app [1][2] - The company aims to become a comprehensive digital finance platform, similar to international super apps like WeChat, by adding various financial services [3] Company Developments - OnePay will enable users to trade bitcoin and ether later this year, collaborating with startup Zerohash for this initiative [2] - The app currently provides a range of services including high-yield savings accounts, credit and debit cards, and buy now, pay later loans [3] - OnePay's mobile app is gaining popularity, ranking No. 5 on Apple's app store for free finance apps, surpassing larger competitors like JPMorgan Chase and Robinhood [6] Industry Context - The mainstream adoption of cryptocurrency is increasing, particularly following a shift in the U.S. government's stance under President Trump [4] - Major financial institutions, including Morgan Stanley, are beginning to offer crypto products, indicating a growing trend in the industry [4][5] - Zerohash recently raised $104 million in funding, highlighting the increasing investment in companies involved in cryptocurrency [5] Market Position - OnePay benefits from its integration with Walmart's checkout process, providing access to 150 million weekly shoppers, while also targeting a broader audience beyond Walmart customers [7]
Truist Financial Sets New Price Target for Target Corporation (NYSE:TGT)
Financial Modeling Prep· 2025-10-02 18:07
Core Insights - Truist Financial has set a new price target for Target Corporation (NYSE:TGT) at $83, indicating a potential downside of approximately 6.89% from the current price of $89.14 [1][5] - Target is launching Taylor Swift's 12th studio album, "The Life of a Showgirl," with exclusive vinyl and CD editions available only at Target, which may positively impact its stock performance [2][5] - Target's stock has shown significant volatility over the past year, with a high of $161.50 and a low of $86.30, reflecting the dynamic nature of its market position [3][5] Company Overview - Target Corporation has a market capitalization of approximately $40.6 billion and a trading volume of 1,520,205 shares, indicating its substantial presence in the retail market [4] - The current trading price of Target's stock is $89.35, with a slight increase of 0.21 or 0.24% observed today, alongside a trading range of $88.18 to $90.24 [3][5]
Walmart Wants More Developers, and More AI Agents to Automate Their Work
WSJ· 2025-10-02 17:02
Executives at the retail juggernaut say they still want to hire software engineers as the company revamps its workforce for the AI era. ...
Walmart to Cut Synthetic Dyes, Food Additives From Store Brands by Early 2027
Investopedia· 2025-10-01 20:30
Core Insights - Walmart plans to eliminate synthetic dyes and 30 other artificial ingredients from its private-label products by January 2027, aligning with a broader trend towards natural alternatives in the food industry [1][5][7] - This initiative may influence the consumer foods market significantly, as Walmart's size and private-label popularity could encourage other retailers to adopt similar practices [2][3] Group 1: Walmart's Initiative - Walmart is working to remove synthetic dyes from all its private-label products, including brands like Great Value and Marketside, by January 2027 [1][5] - The retailer aims to eliminate 30 additional ingredients, such as certain preservatives and artificial sweeteners, from its store-brand foods [1][5] Group 2: Industry Impact - Walmart's decision may prompt other food companies to follow suit, especially as the Trump administration has advocated for reduced use of additives and synthetic dyes [2][4] - The shift towards natural ingredients is part of a larger trend, with other companies like PepsiCo, Kraft Heinz, and Tyson Foods also reformulating their products [4][6] Group 3: Consumer Demand - There is a growing consumer demand for simpler, more familiar ingredients, which Walmart is responding to by adjusting formulations and sourcing alternative ingredients [7] - The popularity of private-label foods is increasing as consumers seek cost-effective options, further driving the need for reformulation in the industry [3]
Walmart Follows Big Food Companies to Remove Synthetic Dyes
Barrons· 2025-10-01 17:51
Walmart said artificial sweeteners and preservatives would be removed from its store brands sold online and at more than 4,500 stores. ...
Walmart to scrap synthetic food dyes, artificial ingredients from private brands
New York Post· 2025-10-01 14:28
Core Viewpoint - Walmart is eliminating synthetic dyes and artificial ingredients from its store brands by January 2027, responding to a growing consumer demand for healthier options and aligning with regulatory changes led by Health Secretary Robert F. Kennedy Jr. [1][4][7] Group 1: Company Actions - Walmart's Great Value brand is one of the largest consumer brands in the U.S., generating billions in sales annually [2] - The retailer plans to phase out about 30 artificial ingredients, including sweeteners and preservatives, from over 1,000 products [3][9] - Walmart is specifically targeting ingredients like titanium dioxide and azodicarbonamide, while aiming to keep prices stable despite these changes [4][10] Group 2: Industry Impact - The shift in Walmart's ingredient policy is expected to influence the broader U.S. food supply chain, affecting suppliers and other retailers [3] - Several major food companies, including Kraft Heinz, General Mills, Nestlé, and Tyson Foods, have also announced plans to remove artificial dyes from their products [7] - The trend towards natural ingredients is driven by increasing health consciousness among American shoppers, with over half checking food package ingredients [8][15] Group 3: Challenges and Considerations - Natural alternatives to artificial dyes often struggle to replicate the vibrant colors and stability of synthetic options, presenting challenges for manufacturers [10][14] - Walmart has faced difficulties in maintaining appealing colors in beverages and baked goods during the transition to natural dyes [17][18] - Consumer reactions to new products with natural ingredients have been mixed, as seen in past experiences with brands like General Mills [17]
An AI Wake-Up Call From Walmart's CEO
WSJ· 2025-10-01 14:08
Plus, Taylor Swift's engagement highlights a trend for women in the workplace and laid-off tech workers are skeptical of the new H-1B fee, in this edition of the Careers & Leadership newsletter. ...
Walmart to remove synthetic dyes across all private-label food brands
Reuters· 2025-10-01 12:15
Walmart said on Wednesday it would remove synthetic dyes and more than 30 other ingredients such as preservatives, artificial sweeteners and fat substitutes from its U.S. private brand foods, includin... ...