The company hasn’t yet disclosed the cost of this delivery push. The move is to compete with e-commerce rival Amazon, who has recently invested $800 million during the second quarter for one-day delivery service to Amazon Prime customers.However, the service is available for only Prime customers who already pay $119 annually for their membership. But Walmart has at least one advantage over Amazon - it has a network of thousands of stores across the country functioning as fulfilling centers.

Oil prices fell after data showed a surprise rise in U.S. crude inventories and the U.S.-Chinese trade dispute threatened oil demand, although Middle East tensions capped losses. Brent crude futures were at $70.84 a barrel, down 40 cents.U.S. West Texas Intermediate (WTI) crude futures were at $61.22 per barrel, down 56 cents. U.S. crude stockpiles rose last week by 8.6 million barrels in the week to May 10 to 477.8 million, data from industry group the American Petroleum Institute showed on Tuesday.  This compared with analyst expectations for a decrease of 800,000 barrels.  

China's factory output and consumer spending weakened last month as a trade war with Washington grew, adding pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank lending to hit this year's official economic growth target of 6% to 6.5%. President Xi Jinping's government has expressed confidence the economy can withstand U.S. tariff hikes in their fight over Chinese technology ambitions and other trade irritants.

For investors seeking momentum, iShares Residential Real Estate ETF is probably on radar now.The fund just hit a 52-week high, which is up roughly 25.3% from its 52-week low price of $57.33/share.  

Intel Corp and a group of security researchers on Tuesday said they had found a new set of security flaws in its processors that will be difficult to fix and are related to problems found last year.

The American Petroleum Institute reportedly shows an increase of 8.63M barrels of oil in U.S. stockpiles last week, vs. the previous week's build of 2.8M barrels.

Singapore Telecommunications on Wednesday posted its smallest annual net profit in 16 years — but the big drag on earnings came from Indonesia and India, according to its CEO.

Since its IPO, which was the biggest (expected) market debut this year, shares of San-Francisco based ride hailing platform Uber fell into a downward spiral, dropping as much as 11% to $37.08 in New York.Even the company’s CEO doesn’t expect the situation to get any better in the near future. The drop in shares is an indicator of investors’ doubts about the size of the ride-hailing market as well as Uber’s capability to manage so many segments that it has recently forayed into, like food, package delivery and its push into autonomous vehicles.

Even though Chick-fil-A’s menu and motto has been centered on chicken for nearly 25 years now, the Atlanta-based company is contemplating adding vegan foods to its existing limited menu, especially the plant-based meat substitutes.Currently, the company’s menu does not have any vegan entrée items. If this addition goes through, then the company will join the cohort of other plant-based meat substitute start-ups like Impossible Foods and Beyond Meat (BYND), whose footsteps McDonalds (MCD), Taco Bell (TACO) and Chipotle Mexican Grill (CMG) have already been following. McDonalds already sells veggie burgers outside the U.S. markets, but it is yet to bring them stateside. U.S.

On top of this, the company said that it will pay these employees the three-month equivalent of their current salary if their start-ups benefit Amazon. This is in-line with Amazon’s ‘Pay to Quit’ program announced in a shareholder letter five years ago.For example, in June 2018, the company launched its ‘Delivery Service Partners’ initiative which pursues independent business owners put up Amazon stickers on their vans even if they are working for other companies like FedEx (FDX) or UPS (UPS). Since its establishment, the initiative has been able to help create 200 odd small businesses that have hired many local drivers to deliver packages to Amazon customers.

Oil prices rose sharply Tuesday morning on reports of a drone attack at oil pumping stations in Saudi Arabia.

Whole Foods still has the highest overall prices among U.S. food retailers, despite the widely publicized discounts the Amazon-owned grocer made in April.

HP (NYSE: HPQ) is out with a slate of new gaming products led by the 15-inch, dual-screen OMEN X 2S.

CyberArk Software’s earnings and revenue both surpassed analysts’ estimates for the first quarter, leading to a +7% climb in its shares early Tuesday. The information security software company raked in 56 cents a share on a non-GAAP basis in the quarter, beating analysts’ expectations of 41 cents (per FactSet poll).The EPS was also higher than the year-ago quarter’s 32 cents. Revenue for the quarter, also exceeding estimates, climbed to $95.9 million - compared to year-ago quarter's $71.78 million. Looking ahead, CyberArk expects its second-quarter non-GAAP earnings per share to range between 45 cents and 48 cents, which is higher compared to analysts' expectations of  42 cents (based on surveyed by FactSet survey). Predicting that its full-year non-GAAP earnings would range between $2.10 and $2.16 a share, the company has a more optimistic outlook compared to analysts' forecast of $2 earnings-per-share.

Following a rating upgrade by Morgan Stanley, Coca-Cola stock price jumped more than +2% in pre-market trading Tuesday. Morgan Stanley analysts raised rating on the soft drink giant’s shares to overweight from equal weight.Analyst Dara Mohsenian also hiked her 12-month price target on the stock to $55 from $52, which reflects a 14.5% upside. Mohsenian emphasized that growth outlook on Coca-Cola is higher than its consumer packaged goods peers, while also praising the company’s pricing power, “strategy tweaks”, strong volume growth, and rebounding emerging market trends as tailwinds for the stock.

The report sent the the clothing brand's shares down -5% Tuesday. The company reported earnings  of $1.07 per share for the quarter, compared to analysts’ expectations of 89 cents per share (based on FactSet poll).Even as sales from Europe and Asia increased +4% and +6% respectively, North American revenue plunged -7%. Ralph Lauren hiked its quarterly dividend by +10% to 69 cents per share.

Disney is set to take over Comcast’s stake in Hulu in five years. According to a press release, Comcast would sell its holding in the video streaming company at a total valuation of either $27.5 billion, or at whatever value Hulu is assessed to be worth in five years.Disney and Comcast will share the funding in a two-thirds/one-third ratio. There are around 26.8 million paid subscribers (in addition to 1.3 million on a free-trial basis) on Hulu, having increased from around 25 million last year. Disney is also set to launch its own video streaming platform Disney+ this year.

A California jury awarded more than $2 billion to a couple who claimed Bayer’s Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. The large punitive damages award is likely to be reduced due to U.S. Supreme Court rulings that limit the ratio of punitive to compensatory damages to 9:1.The jury awarded a total of $2 billion in punitive damages and $55 million in compensatory damages.  It was the third consecutive U.S. jury verdict against the company in litigation over the chemical, which Bayer acquired as part of its $63 billion purchase of Monsanto last year.

Walmart will begin offering next-day delivery on its most popular items. The nation's largest retailer said it's been building a network of more efficient e-commerce distribution centers to make that happen.The next-day service will cover 220,000 popular items from diapers and non-perishable food items to toys and electronics.  Next-day delivery, which will require a minimum order of $35, will be available in Phoenix, Arizona, and Las Vegas on Tuesday.

China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful.