{"id":82133,"date":"2022-07-26T01:33:39","date_gmt":"2022-07-26T05:33:39","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82133"},"modified":"2022-07-26T01:21:28","modified_gmt":"2022-07-26T05:21:28","slug":"amazon-sinks-after-walmart-lowers-profit-outlook-on-inflation-concerns","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2022\/amazon-sinks-after-walmart-lowers-profit-outlook-on-inflation-concerns.html","title":{"rendered":"Amazon sinks after Walmart lowers profit outlook on inflation concerns"},"content":{"rendered":"\n<p>(CNBC) Shares of <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\" target=\"_blank\">Amazon<\/a> fell more than 4% in extended trading on Monday after <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/WMT\" target=\"_blank\">Walmart<\/a> said it was <a href=\"https:\/\/www.cnbc.com\/2022\/07\/25\/walmart-cuts-second-quarter-guidance-as-it-sees-slower-growth-due-to-inflation.html\">lowering<\/a> its quarterly and full-year profit guidance. Walmart announced after the bell on Monday that it now expects adjusted earnings per share for the second quarter and full year to slide around 8% to 9% and 11% to 13%, respectively. Previously, it had forecast them to be flat to up slightly for the second quarter and to drop by 1% for the full year.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/07\/25\/amazon-sinks-after-walmart-lowers-profit-outlook-on-inflation-concerns.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Amazon fell more than 4% in extended trading on Monday after Walmart said it was lowering its quarterly and full-year profit guidance. Walmart announced after the bell on Monday that it now expects adjusted earnings per share [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82133","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82133"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82133\/revisions"}],"predecessor-version":[{"id":82134,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82133\/revisions\/82134"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}