The retail behemoth's international business posted a 13.3% jump in sales during the second quarter, its strongest result since at least 2016. The unit posted $27.6 billion in sales, or 17% of the company's quarterly revenue, beating market estimates of $26.12 billion.
Despite the better-than-expected results, the price is heading a downtrend to the major support and a price target of $ 146
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Despite the better-than-expected results, the price is heading a downtrend to the major support and a price target of $ 146
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.