Bitcoin Depot, a leading provider of physical Bitcoin ATMs and kiosks, has announced the successful conversion of all its 7,000 crypto ATMs to a software-based offering powered by BitAccess. The softw...
Tag: Depot
Bitcoin Depot updates software in its ATMs to cut expenses
Bitcoin Depot has just migrated all 7,000 cryptocurrency ATMs and kiosks to a software-based service that BitAccess powers. After bitcoin Depot’s acquired a majority ownership stake in BitAccess in No...
Walmart banks more revenue than Apple and Home Depot combined, but warns of tougher times ahead
Walmart (NYSE:WMT) banked $164.1 billion of revenue in the fourth quarter, per earnings results announced last week. This beat analyst expectations of $159.7 billion and was the biggest quarter in sal...
Walmart, Home Depot raised wages, analyst calls it a ‘no brainer’ for long-term value
Big box retailers — and big-time employers — in the U.S. recently announced plans to increase their minimum wage. In Home Depot’s (HD) Q4 earnings results this week, the company announced an additiona...
Walmart, Amazon, And The Home Depot Agree, Consumer Spending Will Slow In 2023
Walmart’s value-oriented position will serve consumers well with diverse product offerings as … [+] spending slows for 2023. Getty Images Consumer spending may be waning as three of the to...
Intel Cut Its Dividend. Home Depot, McDonald’s, and Other Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Home Depot Earnings And Walmart Earnings May Signal Trouble For Retail Giants
Getty Images Key takeaways: Home Depot and Walmart reported earnings, setting the stage for retail sales The retail giants shared full-year guidance that disappointed investors since a spending slowin...
Home Depot Sinks Stock Market; S&P 500 Breaks Support
Stock market indexes tested February lows in the first half of Tuesday’s session after profit warnings from Dow Jones retailers Walmart (WMT) and Home Depot (HD). Superpower machismo on Ukraine ...
Dow Jones Dives 500 Points After Economic Data; Home Depot, Walmart Tumble On Earnings
The Dow Jones Industrial Average lost more than 500 points Tuesday morning amid the release of economic data in a holiday-shortened week. Meanwhile, retail giants Home Depot (HD) and Walmart (WMT) rep...
Home Depot Posts Mixed Q4 Earnings, Hikes Dividend By 10%, Forecasts Decline In FY23 EPS
Home improvement retailer Home Depot Inc (NYSE: HD) reported fourth-quarter FY22 sales growth of 0.3% year-on-year to $35.83 billion, marginally missing the consensus of $35.97 billion. Customer trans...
Should you buy Home Depot stock despite conservative guidance?
Home Depot Inc (NYSE: HD) is trading down on Tuesday after reporting weaker-than-expected sales for its fiscal fourth quarter. Home Depot issues conservative guidance The stock is taking a hit because...
Walmart, Home Depot prepare for consumer slowdown
If you want to know how this year may be for the retail industry, look no further than Walmart‘s cautious outlook. The discounter easily topped expectations for the holiday quarter on Tuesday, b...
Home Depot (HD) Q4 earnings 2022
A customer loads plywood to a truck outside a Home Depot store in Galveston, Texas, on Tuesday, Aug. 25, 2020. Scott Dalton | Bloomberg | Getty Images Home Depot’s revenue fell short of Wall Str...
Home Depot to give hourly workers a raise
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly e...
Walmart, Home Depot kick off retail earnings this week
Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era s...
Stock Market Investing Action Plan: Holiday-Week Earnings From Walmart, Home Depot, Nvidia
The stock market heads into a short week as the Presidents Day holiday closes markets on Monday. The Investing Action Plan shows plenty of action crammed in the remaining four days. Earnings from Walm...
Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — here are 3 stock picks you shouldn’t snooze on if you agree
Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — here are 3 stock picks you shouldn’t snooze on if you agree After a rant on the rise of socialism ...
More US Stores Add BTC Payments Via Bitcoin Depot
The prominent crypto ATM operator, Bitcoin Depot has signed numerous partnerships with up to 440 North American stores since H2 2022. Bitcoin Depot, the world’s largest multi-cryptocurrency ATM operat...
Home Depot soon changing how it pays hourly employees
Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees next week. “As laws, technology and workplace practices continue to evolve, we’re changing our ...
Bitcoin depot to go ahead with SPAC merger after reporting strong revenue
Leading crypto ATM operator Bitcoin Depot has reiterated its plans to merge with GSR II Meteora Acquisition Corp, the $321 million special purpose acquisition company (SPAC) formed for facilitating me...
The Home Depot to enter Web3; files 24 trademark applications
The Home Depot, an American multinational home improvement retailer, has stepped into the emerging Web3 space. According to the tweet made by Mike Kondoudis, The Home Depot has filed 24 applications c...
Home Depot and Lowe’s are booming in a housing market bust
A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home...
Home Depot (HD) earnings Q3 2022
A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reporte...
Is Home Depot stock a ‘buy’ after its third-quarter earnings print?
Home Depot Inc (NYSE: HD), on Tuesday, reported market-beating results for its fiscal third quarter. Shares are still unimpressed as investors expected more on the guidance front. Should you buy Home ...
Home Depot, Lowe’s Report Earnings Amid Housing Recession Risk
Home Depot (HD) and Lowe’s (LOW) report third quarter results on Tuesday and Wednesday, respectively, this week. The home improvement retailers provide insight into the demand and price inflatio...
Home Depot, Walmart Kick Off Busy Week Of Retail Earnings; Tech Investors Eye Results from Cisco, Nvidia, AMAT
Dow Jones stocks Home Depot (HD) and Walmart (WMT) headline a busy week of retail earnings reports as Wall Street weighs the impact of higher interest rates on the economy. X Big box retailer Walmart ...
Home Depot Flirts With a 52-Week Low With Nothing to Build On
By BRUCE KAMICH Oct 20, 2022 | 02:47 PM EDT Stocks quotes in this article: HD Shares of home improvement company Home Depot ( HD) are trading lower Thursday. The stock is just a few dollars away from ...
This Analyst Sees a 17% Downside to Home Depot Stock. Here’s Why.
Home Depot and Lowe’s could be in for a rough year, with one analyst forecasting that the shares could lose more than 10% of their value. Rising interest rates, persistent inflation, a weaker labor ma...