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Is The Economy About To Fall Off The Financial Cliff?
Article By:
Lear Capital
Sunday, February 25, 2024 9:05 PM EDT
Normal laws of physics don't seem to apply to what we see going in the markets. It's all cartoon economics, with stocks jumping on bad news. Unsustainable debt piled on unsustainable debt.
Wal-Mart And Jet.com: How Does The Combination Compare With Amazon?
@[Don Dion](user:18204), you are wise to be cautious. You right that it will take time for #Walmart to see any benefit. Plus, as I just said on @[Leigh Drogen](user:5239)'s similar article here: www.talkmarkets.com/.../will-jetcom-save-walmart-from-amazons-fury, Jet is no Amazon!
#jet #walmart #amzn $WMT $AMZN
Will Jet.com Save Walmart from Amazon’s Fury?
$WMT is so far behind the times, any added tech can only help its e-commerce efforts. Acquiring #Jet is a move in the right direction. But the pairing will not be a case of 2+2 equals 5, and they still will be no match for $AMZN. Not too mention, trying to integrate the two sites likely be worse than the ObamaCare site snafu.
Will Jet.com Save Walmart from Amazon’s Fury?
I agree. #Amazon ($AMZN) is exceptionally innovative. #Walmart ($WMT) is exceptionally behind the times (any one who has ever used instore pickup knows what I mean - waiting an hour for someone to visually check each box for your name since they have no tracking technology). But #Jet is decidedly average. The pairing won't help Walmart much.
Will Jet.com Save Walmart from Amazon’s Fury?
While I agree that #Walmart clearly needs to enhance its ability to innovate to better compete with #Amazon, I'm still baffled as to why they think #Jet is the answer. I've used both sites and Jet is no Amazon. Doesn't come close. $WMT $AAPL
Chugging Higher
#Walmart is paying $3 billion for #Jet? Why? So not impressed with that company. I know Walmart is being hurt by #Amazon, but Jet isn't the answer. $WMT $AMZN