Brooke DiPalma

Walmart ( ) stock fell after the retailer reported fiscal first quarter earnings that mostly came in line with expectations on Thursday morning as Americans prioritized essentials like groceries and value.

Walmart ( ) stock fell 7% on Thursday after the retailer reported fiscal first quarter earnings that were in line with expectations, but remained cautious on guidance as higher gas prices pinch consumers' wallets.

Brooke DiPalma · Senior Reporter 2 min read US consumer sentiment fell to a record low in May, underscoring that higher pump

As the K-shaped economy continues to divide Americans, retailers are courting lower-income customers with lower prices while catering to more affluent customers with premium offerings.

Best Buy ( BBY ) faces high expectations for its first quarter results out on Thursday morning as key product launches like Apple's ( AAPL ) MacBook Neo and higher tax refunds are expected to help sales.

What happened: Robinhood stock jumped about 3% on Wednesday and continued to gain in after-hours trading.

Best Buy's ( ) first quarter results surpassed Wall Street's expectations on Thursday morning as key product launches like Apple's ( ) MacBook Neo and higher tax refunds helped boost sales.

Best Buy's ( ) stock surged 17% on Thursday after the retailer's first quarter results surpassed Wall Street's expectations as key product launches like Apple's ( ) MacBook Neo and higher tax refunds helped boost sales.

Costco's ( COST ) fiscal third quarter earnings report showed consumers flocked to the wholesale giant for savings on gas.

Costco's ( ) fiscal third quarter earnings report showed consumers flocked to the wholesale giant for savings on gas.