Walmart is winning again — thanks to wealthier shoppers
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As inflation cools and consumers continue to hunt for bargains , Walmart (WMT) is getting a boost . Shares of Walmart rose 7% on Thursday , after the retail giant reported robust second quarter earnings . Its most recent quarter was fueled by higher-income households turning to the discount retailer, as well as its advertising and e-commerce units. Suggested Reading Google's former CEO takes back what he said about remote work A ton of Social Security numbers got stolen as hackers took 3
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