Wal-Mart posts strong online growth and food sales surge
Wal-Mart reported stronger results as online sales jumped and the food segment delivered its best quarterly performance in nearly six years. The gains came as Target warned on its outlook and Best Buy beat profits though lagging expectations. Analysts note Amazon’s growing dominance looms over the sector.
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Twitter revokes blue checks from white supremacists in new policy
Twitter updates its verification rules and removes blue checkmarks from Richard Spencer, Jason Kessler, and others for conduct violating new guidelines. The policy covers behavior on and off Twitter and can lead to suspensions. Separate market news notes US stocks rise after strong earnings while airline bump rates fall and DOT cites oversold flight changes.
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