Technology - driven retail
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Walmart Stock Gaining Steam Ahead of Debut on Nasdaq-100
ZACKS· 2026-01-13 13:11
Core Insights - Walmart Inc. is set to join the Nasdaq-100 index on January 20, 2026, marking its transition from a traditional retailer to a tech-driven enterprise [1] - The addition of Walmart to the Nasdaq-100 reflects its large market capitalization and strong trading liquidity, as well as changing perceptions of the company [4] Company Transition - Walmart's strategic decision to shift its stock listing from the New York Stock Exchange to Nasdaq's Global Select Market in late 2025 signifies a move towards aligning with a technology-focused investor base [3] - This transition ends a 50-year association with the NYSE and was completed in December 2025 [3] Market Reaction - Following the announcement, Walmart's stock gained 4.7% over three sessions, while AstraZeneca's stock declined by 1.6% [2][5] - Investor response has been favorable, with passive funds and index-tracking investors preparing to rebalance their portfolios in light of Walmart's inclusion [4]
Luckin Coffee to Announce Second Quarter 2025 Financial Results on July 30, 2025
Globenewswire· 2025-07-23 12:00
Core Viewpoint - Luckin Coffee Inc. is set to release its second quarter 2025 financial results on July 30, 2025, before the U.S. market opens, followed by a conference call to discuss the results and answer questions [1]. Group 1: Financial Results Announcement - The financial results will be released on July 30, 2025, before the U.S. market opens [1]. - A conference call is scheduled for July 30, 2025, at 8:00 am Eastern Time to discuss the financial results [1]. - Participants can access the call through various toll-free numbers, including a dedicated line for Mainland China [1]. Group 2: Company Overview - Luckin Coffee has established a technology-driven retail network aimed at providing high-quality, convenient, and affordable coffee products [2]. - The company was founded in 2017 and is based in China, with a vision to build a world-class coffee brand [2]. - More information about the company can be found on its Investor Relations website [2].