This chapter discusses Walmart's cautious outlook and commentary on their numbers and value proposition, highlighting gaining share in grocery while expressing caution due to low profit margins. It also explores the introduction and potential growth of Walmart Plus as a competitor to Amazon Prime, emphasizing convenience, low prices, and same-day deliveries. The chapter delves into Walmart's focus on curbside pickup as a value proposition and their strategy of building a marketplace to compete with Amazon.
Bloomberg Intelligence Senior Retail Staples & Packaged Food Analyst Jennifer Bartashus reports on Walmart earnings and outlook. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, talks about the use of artificial intelligence for medical professionals. Sheila Patel, Vice Chair of B Capital, shares her thoughts on how venture capital has evolved in 2023. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Financial Investigations Reporter Zeke Faux provide the details of Zeke's Businessweek Magazine cover story A Descent Into Crypto Hell Started With a Spam Text From ‘Vicky.’ And we Drive to the Close with John Augustine, CIO of Huntington Private Bank.
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