Damian Nowiszewski

Damian Nowiszewski is a financial analyst with experience in financial markets since 2014. He has contributed analyses to various platforms such as Investio.pl, Squaber.com, and Comparic.pl. As a co-author of many educational projects for Alior Bank Brokerage Office and Investio.pl Academy, he specializes in macroeconomic analysis with elements of technical analysis. Currently working as a corporate events specialist at Citibank Europe Plc and an analyst at Investing.com, Damian also collaborates with the broker FxORO. His preferred approach is not specific, but he is known for his understanding of broad macroeconomic trends and their impact on financial markets.

76%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

95%

Examples:

  • Market consensus expects an improvement in earnings per share and revenue compared to the same period last year.
  • The stock could break out of its consolidation in the coming days, driven by the company's first-quarter 2024 results.
  • Walmart benefits from inflation remaining above 3% as it attracts price-conscious customers.

Deceptions

30%

Examples:

  • Consistently above-target inflation in the U.S. is a major concern not only for Federal Reserve officials but also for a wide range of lower-income consumers.
  • Despite a solid 13% year-to-date gain, Walmart (NYSE:) has spent the past couple of months trading sideways within the $58-62 per share range. The stock could break out of this consolidation in the coming days, driven by the company's first-quarter 2024 results, scheduled for release tomorrow before the opening bell.

Recent Articles

Walmart Q1 Earnings Preview: Expanding Gross Margin, New Profit Streams, and Strategic Investments Amid Consumer Uncertainty

Walmart Q1 Earnings Preview: Expanding Gross Margin, New Profit Streams, and Strategic Investments Amid Consumer Uncertainty

Broke On: Thursday, 16 May 2024 Walmart is set to report a 4.7% year-over-year increase in earnings per share and revenue of $159.4 billion, driven by growth in digital advertising, third-party marketplace fees, and fulfillment services. The company plans to open 150 new outlets and modernize 1,400 stores over the next five years while targeting more affluent consumers with higher-quality items and its premium grocery brand, Bettergoods.