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Walmart pauses H-1B visas for job candidates as Trump hikes fees
CNBC· 2025-10-22 14:56
Core Points - Walmart is pausing the hiring of job candidates requiring H-1B visas, reflecting the impact of the Trump administration's immigration policies on corporate strategies [1][2] - The decision follows President Trump's announcement of increased fees for H-1B visas, which are now set at $100,000 per application, aimed at protecting American jobs and preventing visa abuse [2][6] - Walmart's corporate workforce primarily operates from its headquarters in Bentonville, Arkansas, and major U.S. cities, with H-1B visa holders representing a small fraction of its total workforce [4][5] Company Specifics - Walmart is the largest employer in the U.S., with approximately 1.6 million employees, most of whom work in retail and warehouse positions [4] - As of June 30, Walmart employed 2,390 individuals on H-1B visas, ranking it as the ninth largest U.S. employer utilizing this visa category [5] - The company has stated its commitment to hiring top talent while being cautious about its H-1B hiring approach, with potential exceptions to the hiring pause [3][4] Industry Context - The U.S. Chamber of Commerce has filed a lawsuit against the new H-1B visa fee, arguing it could hinder U.S. employers, particularly startups and small to midsize businesses, from accessing global talent [6] - The H-1B visa program was established to help American businesses of all sizes recruit necessary global talent for growth [6]
Beyond Meat Surges on Expanded Distribution at Walmart
Yahoo Finance· 2025-10-22 13:19
Group 1 - Beyond Meat's stock surged nearly 70% following the announcement of increased product availability at Walmart stores [1][4] - The products will be available in over 2,000 Walmart locations, including a six-pack of burgers, chicken pieces, and Korean barbecue products [2] - The new burger value pack is priced lower, addressing the company's challenge of appealing to non-vegetarians due to previously higher costs [3] Group 2 - The stock has shown significant volatility, particularly after a debt swap announcement that may result in bondholders gaining control of the company [4]
InnerScope Hearing Technologies Forms Strategic Alliance in Ainnova Tech's Acquisition of OTCHealth Inc., Unlocking National Retail Reach and Accelerating Global Hearing Innovation
Prnewswire· 2025-10-22 12:01
As an equity owner in OTCHealth, InnerScope will strategically transition the majority of its day-to-day sales operations—including its retail agreements with Walmart, CVS, Target, Walgreens, and other leading U.S. retailers and healthcare service companies representing 15,000+ independent pharmacies —to OTCHealth. This move enables OTCHealth, as a new subsidiary of Ainnova, to maximize the value of these partnerships and deliver advanced, affordable preventive health and hearing solutions to millions of co ...
5 Things To Know: October 22, 2025
CNBC Television· 2025-10-22 11:06
Hiring & Visa Policy - Walmart is pausing hiring of candidates requiring H-1B worker visas [1] - Walmart was the ninth largest corporate recipient of H-1Bs in America in fiscal year 2025 [1] - President Trump imposed a new $100,000 fee on H-1B applications last month [2] Financial Performance & Shareholder Value - Barclays is raising guidance and announcing a 500 million pound share buyback, stock up by 45% [2] - Western Alliance reported a more than 27% increase in profits year-over-year [2] - Western Alliance reassured investors that an alleged fraud tied to a real estate investor group did not hurt the bank's overall performance, stock is up by 28% [3] Executive Compensation - Microsoft CEO Satya Nadella's pay for fiscal year 2025 climbed 22% to more than $96 million, including more than $84 million in stock awards [4] Mergers & Acquisitions/Investment - LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Rihanna [3]
H‑1B visa fee hike impact? US largest private employer Walmart pauses job offers for work visa candidates
MINT· 2025-10-22 02:43
The United States' largest private employer, Walmart Inc., has halted offers to candidates requiring H-1B visas, Bloomberg reported, citing people aware of the development. This is the most recent incident highlighting how the US administration’s $100,000 visa fees have impacted workforce.The current guideline mainly affects Walmart’s corporate staff,the report noted. The latest development comes after US President Donald Trump's imposed a $100,000 fee for new H-1B applications last month, a move reportedly ...
Beyond Meat Soars After MEME ETF Inclusion Sparks Short Squeeze
Benzinga· 2025-10-21 21:54
Beyond Meat Inc‘s (NASDAQ:BYND) amazing rally this week points to the increasing power of thematic ETFs to propel near-term market action, especially when retail sentiment and ETF flows intersect. • BYND shares are climbing with conviction. Get the complete analysis here.Shares of Beyond Meat jumped 127% on Monday and 146% on Tuesday after Roundhill Investments included the stock in its newly revamped Roundhill Meme Stock ETF (NYSE:MEME). The addition set off a gargantuan short squeeze, as over 63% of the f ...
Beyond Meat, Walmart and a MEME ETF
Fox Business· 2025-10-21 21:41
Core Insights - Beyond Meat shares surged over 146% after hitting a record low earlier this month, indicating a volatile trading environment for investors [1] - The company announced an expansion of its distribution deal with Walmart, which is expected to enhance its market presence [1][3] - Beyond Meat introduced a new value pack for its Beyond Burger, aimed at providing a more affordable option amidst rising food prices, containing 21g of protein and low saturated fat [3] Financial Developments - Recently, Beyond Meat executed a debt swap deal that reduced its overall debt but resulted in share dilution, highlighting ongoing financial challenges [4] - The company's shares had previously traded below $1.00, reflecting significant market pressure [4] Market Dynamics - Beyond Meat was added to the Roundhill Investments' MEME ETF, which tracks stocks that may experience heavy trading from retail investors, indicating a shift in investor sentiment [5][6] - The MEME ETF includes a variety of speculative stocks, suggesting a broader trend of retail investor interest in high-volatility stocks [8]
Beyond Meat shares skyrocket over 90% on Walmart plans to expand distribution
New York Post· 2025-10-21 19:15
Shares of Beyond Meat leaped more than 90% in active trading on Tuesday after the plant-based meat maker announced plans to expand distribution into Walmart stores.Beyond Meat said some of its products, including its “Beyond Burger 6-pack” and “Beyond Chicken Pieces,” will be available in 2,000 Walmart stores nationwide.The company’s shares jumped as high as $2.98 following the news, giving it a market value of about $1.5 billion and putting it on track for a fivefold surge from last Thursday’s close of 52 ...
Walmart (NYSE:WMT) Maintains Strong Position in Retail Sector
Financial Modeling Prep· 2025-10-21 17:13
Core Insights - Walmart is a leading global retailer with a diverse product range and a strong e-commerce presence, competing with major players like Amazon and Target [1] - Evercore ISI has maintained an "Outperform" rating for Walmart, raising the price target to $111 from $110, reflecting confidence in the company's growth prospects [1][5] Financial Performance - The current stock price of Walmart is $107.05, showing a slight decrease of 0.63%, with a trading range between $106.61 and $108.25 for the day [3] - The stock's 52-week range indicates volatility, with a high of $109.58 and a low of $79.81 [3] - Walmart's market capitalization is approximately $853.49 billion, highlighting its significant presence in the retail sector [4] Strategic Initiatives - Walmart has partnered with Abbott Laboratories to offer the Lingo continuous glucose monitor over-the-counter, available in over 3,500 locations and online, enhancing accessibility to medical devices [2] - This partnership aligns with Walmart's strategy to expand its healthcare offerings, demonstrating its commitment to innovation in the retail space [2]
Walmart's Delivery Upgrades Poised to Strengthen Market Reach
ZACKS· 2025-10-21 14:31
Key Takeaways Walmart's Q2 e-commerce sales rose 25%, with all segments posting more than 20% growth.Store delivery volumes jumped 50%, with one-third of orders arriving in under three hours.Walmart's store-fulfilled delivery now reaches 93% of U.S. homes, targeting 95% by year-end.Walmart Inc.’s (WMT) second-quarter fiscal 2026 results underscore how delivery has become a core growth engine, driving both digital penetration and market expansion. The company’s continued investments in speed, coverage and fu ...