Write to Win: Hear from our winner, Kanak Khanuja
While I wasn't expecting to make it to the very end of the competition, I am eternally grateful for it.
Write to Win compelled me to defy the odds when it came to writing every essay. For the past few months, most of my commute home from school consisted of brainstorming ideas and writing responses to the prompts we received every week. Although I couldn't spend too much time researching each topic, I ensured that my answer was always innovative and reflective of something I had learned before. Thus, my response would showcase my writing skills alongside the general knowledge I had amassed through watching the news or debating.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq retreat after jobless data, Walmart earnings miss
The Dow led US stocks lower on Thursday, with Walmart (WMT) earnings in focus before the start of the Federal Reserve's closely watched gathering at Jackson Hole. The Dow Jones Industrial Average (^DJI) fell nearly 0.6%, while the S&P 500 (^GSPC) moved down more than 0.4%. The tech-heavy Nasdaq Composite (^IXIC) also dropped about 0.4%, as the exodus from tech stocks eased. Walmart (WMT) capped the week's earnings from retail giants, raising its full-year forecast for sales and profit after its second quarter results showed its low-price push was drawing in shoppers. But its quarterly profit fell short of high expectations, and its shares slipped. Meanwhile, a continued slide in Big Tech stocks is still a worry, even after the Nasdaq on Wednesday showed signs of a reprieve, coming firmly off session lows as buyers jumped in. Short sellers have reaped over $5 billion from bets against techs as AI fears rippled through markets. Dimmed rate-cut hopes are also weighing on minds after minutes from the Fed's July meeting signaled that sticky inflation rather than a faltering labor market is the main concern for policymakers. There was broad support for holding rates steady, despite a growing divide at the Fed. Amid that rate debate, jobless claims for the week ending Aug. 15 rose to 235,000, versus expectations for 225,000. Continuing claims jumped to 1.97 million, a notch above the 1.96 million anticipated by economists. The Fed kicks off its Jackson Hole symposium of central bankers from around the world later on Thursday, with the countdown on to Chair Jerome Powell's highly anticipated speech on Friday. The gathering is taking place as President Trump puts public pressure on the Fed, most recently calling for Fed Governor Lisa Cook to resign. Cook has said she won't be "bullied to step down". The Dow leads stocks down at the open US stocks fell lower on Thursday, as Walmart (WMT) earnings came in below expectations and jobless claims were higher than expected. The Dow Jones Industrial Average (^DJI) fell nearly 0.6%, while the S&P 500 (^GSPC) moved down more than 0.4%. The tech-heavy Nasdaq Composite (^IXIC) also dropped about 0.4%, with the retreat from tech stocks slowing. US weekly jobless claims rise to highest since June Americans filing claims for jobless benefits rose to 235,000 for the week of Aug. 15, the largest increase since late May. Economists expected 225,000 jobless claims to be filed. Meanwhile, continuing claims jumped to 1.97 million, greater than the 1.96 million anticipated, in a sign that Americans without jobs are finding it difficult to get a new one. Read more here. Boeing stock rises on potential sale of 500 jets to China Boeing (BA) stock rose 1.5% in premarket trading after Bloomberg reported the company is in talks to sell up to 500 jets to China. The potential sale would mark China's largest purchase of Boeing aircraft since President Trump's visit to the country in 2017. But it's contingent on trade tensions between the US and China abating. Earlier this year, Boeing was caught in the center of the trade war between the US and China. In April, China banned deliveries of the company's planes during the height of tariff escalation but removed the ban in May. Read more here. Disney's new ESPN streaming service has arrived, ushering in new era for sports and the cable bundle Yahoo Finance's Allie Canal reports: Read more here. The tech trade hits pause ahead of Nvidia earnings Tech stocks remain on shaky ground after concerns about the AI trade caused them to slip again on Wednesday. And while the tech pullback wasn't anywhere close to a DeepSeek moment, Yahoo Finance's Hamza Shaban writes, Wall Street did seem alarmed by a handful of pessimistic headlines. Hamza explains the Street's discontent with tech in today's Morning Brief: Read more here. Walmart stock falls after earnings miss forecasts as US sales, 2025 outlook rise Walmart (WMT) stock slid after the big-box retailer's Q2 earnings fell shy of Wall Street's expectations, even after its US sales growth beat forecasts as shoppers embraced its low prices. Yahoo Finance's Brooke DiPalma reports: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week of Aug. 16); S&P Global US manufacturing PMI (August preliminary) S&P Global US services PMI; Existing home sales (July) Earnings: Walmart (WMT), Intuit (INTU), Workday (WDAY), Ross Stores (ROST), Zoom (ZM) Here are some of the biggest stories you may have missed overnight and early this morning: Walmart shares slip after earnings miss the mark Disney's era-ending ESPN sports streaming has arrived Fed governor Cook responds after Trump says she 'must resign' The tech trade has a wobble ahead of Nvidia earnings Short sellers reap over $5 billion as AI fears roil market El-Erian: Powell is walking a tightrope at Jackson Hole Goldman: It's time to buy the dip in momentum stocks Meta freezes AI hiring as Wall Street eyes the cost Musk must face fraud lawsuit over 2024 election sweepstakes Tencent's 'Valorant' tops iPhone chart with $1 million debut Premarket trending tickers: Palantir, Nordson and Coty Here's a look at some of the top stocks trending in premarket trading: Hewlett Packard Enterprise Company (HPE) stock rose 3% before the bell Palantir (PLTR) stock edged higher on Thursday before the bell after closing in the red on Wednesday for the sixth consecutive trading session. Nordson Corporation (NDSN) stock rose more than 5% premarket after Q2 results beat Wall Street estimates. Coty Inc. (COTY) shares slumped 20% in premarket trading on Thursday after reporting results that exceeded market revenue expectations, but the beauty company reported a drop in sales by 8.1% year on year. Short sellers reap over $5 billion on Big Tech bets as AI fears roil market Short sellers betting against some of the market's leading AI stocks potentially made billions as markets slid this week and investors moved away from some of the year's hottest tech trades. Yahoo Finance's Jake Conley and Laura Bratton report: Read more here. Oil prices stay up with crude stockpiles on decline Bloomberg reports: Read more here. The Dow leads stocks down at the open US stocks fell lower on Thursday, as Walmart (WMT) earnings came in below expectations and jobless claims were higher than expected. The Dow Jones Industrial Average (^DJI) fell nearly 0.6%, while the S&P 500 (^GSPC) moved down more than 0.4%. The tech-heavy Nasdaq Composite (^IXIC) also dropped about 0.4%, with the retreat from tech stocks slowing. US stocks fell lower on Thursday, as Walmart (WMT) earnings came in below expectations and jobless claims were higher than expected. The Dow Jones Industrial Average (^DJI) fell nearly 0.6%, while the S&P 500 (^GSPC) moved down more than 0.4%. The tech-heavy Nasdaq Composite (^IXIC) also dropped about 0.4%, with the retreat from tech stocks slowing. US weekly jobless claims rise to highest since June Americans filing claims for jobless benefits rose to 235,000 for the week of Aug. 15, the largest increase since late May. Economists expected 225,000 jobless claims to be filed. Meanwhile, continuing claims jumped to 1.97 million, greater than the 1.96 million anticipated, in a sign that Americans without jobs are finding it difficult to get a new one. Read more here. Americans filing claims for jobless benefits rose to 235,000 for the week of Aug. 15, the largest increase since late May. Economists expected 225,000 jobless claims to be filed. Meanwhile, continuing claims jumped to 1.97 million, greater than the 1.96 million anticipated, in a sign that Americans without jobs are finding it difficult to get a new one. Read more here. Boeing stock rises on potential sale of 500 jets to China Boeing (BA) stock rose 1.5% in premarket trading after Bloomberg reported the company is in talks to sell up to 500 jets to China. The potential sale would mark China's largest purchase of Boeing aircraft since President Trump's visit to the country in 2017. But it's contingent on trade tensions between the US and China abating. Earlier this year, Boeing was caught in the center of the trade war between the US and China. In April, China banned deliveries of the company's planes during the height of tariff escalation but removed the ban in May. Read more here. Boeing (BA) stock rose 1.5% in premarket trading after Bloomberg reported the company is in talks to sell up to 500 jets to China. The potential sale would mark China's largest purchase of Boeing aircraft since President Trump's visit to the country in 2017. But it's contingent on trade tensions between the US and China abating. Earlier this year, Boeing was caught in the center of the trade war between the US and China. In April, China banned deliveries of the company's planes during the height of tariff escalation but removed the ban in May. Read more here. Disney's new ESPN streaming service has arrived, ushering in new era for sports and the cable bundle Yahoo Finance's Allie Canal reports: Read more here. Yahoo Finance's Allie Canal reports: Read more here. The tech trade hits pause ahead of Nvidia earnings Tech stocks remain on shaky ground after concerns about the AI trade caused them to slip again on Wednesday. And while the tech pullback wasn't anywhere close to a DeepSeek moment, Yahoo Finance's Hamza Shaban writes, Wall Street did seem alarmed by a handful of pessimistic headlines. Hamza explains the Street's discontent with tech in today's Morning Brief: Read more here. Tech stocks remain on shaky ground after concerns about the AI trade caused them to slip again on Wednesday. And while the tech pullback wasn't anywhere close to a DeepSeek moment, Yahoo Finance's Hamza Shaban writes, Wall Street did seem alarmed by a handful of pessimistic headlines. Hamza explains the Street's discontent with tech in today's Morning Brief: Read more here. Walmart stock falls after earnings miss forecasts as US sales, 2025 outlook rise Walmart (WMT) stock slid after the big-box retailer's Q2 earnings fell shy of Wall Street's expectations, even after its US sales growth beat forecasts as shoppers embraced its low prices. Yahoo Finance's Brooke DiPalma reports: Read more here. Walmart (WMT) stock slid after the big-box retailer's Q2 earnings fell shy of Wall Street's expectations, even after its US sales growth beat forecasts as shoppers embraced its low prices. Yahoo Finance's Brooke DiPalma reports: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week of Aug. 16); S&P Global US manufacturing PMI (August preliminary) S&P Global US services PMI; Existing home sales (July) Earnings: Walmart (WMT), Intuit (INTU), Workday (WDAY), Ross Stores (ROST), Zoom (ZM) Here are some of the biggest stories you may have missed overnight and early this morning: Walmart shares slip after earnings miss the mark Disney's era-ending ESPN sports streaming has arrived Fed governor Cook responds after Trump says she 'must resign' The tech trade has a wobble ahead of Nvidia earnings Short sellers reap over $5 billion as AI fears roil market El-Erian: Powell is walking a tightrope at Jackson Hole Goldman: It's time to buy the dip in momentum stocks Meta freezes AI hiring as Wall Street eyes the cost Musk must face fraud lawsuit over 2024 election sweepstakes Tencent's 'Valorant' tops iPhone chart with $1 million debut Economic data: Initial jobless claims (week of Aug. 16); S&P Global US manufacturing PMI (August preliminary) S&P Global US services PMI; Existing home sales (July) Earnings: Walmart (WMT), Intuit (INTU), Workday (WDAY), Ross Stores (ROST), Zoom (ZM) Here are some of the biggest stories you may have missed overnight and early this morning: Walmart shares slip after earnings miss the mark Disney's era-ending ESPN sports streaming has arrived Fed governor Cook responds after Trump says she 'must resign' The tech trade has a wobble ahead of Nvidia earnings Short sellers reap over $5 billion as AI fears roil market El-Erian: Powell is walking a tightrope at Jackson Hole Goldman: It's time to buy the dip in momentum stocks Meta freezes AI hiring as Wall Street eyes the cost Musk must face fraud lawsuit over 2024 election sweepstakes Tencent's 'Valorant' tops iPhone chart with $1 million debut Premarket trending tickers: Palantir, Nordson and Coty Here's a look at some of the top stocks trending in premarket trading: Hewlett Packard Enterprise Company (HPE) stock rose 3% before the bell Palantir (PLTR) stock edged higher on Thursday before the bell after closing in the red on Wednesday for the sixth consecutive trading session. Nordson Corporation (NDSN) stock rose more than 5% premarket after Q2 results beat Wall Street estimates. Coty Inc. (COTY) shares slumped 20% in premarket trading on Thursday after reporting results that exceeded market revenue expectations, but the beauty company reported a drop in sales by 8.1% year on year. Here's a look at some of the top stocks trending in premarket trading: Hewlett Packard Enterprise Company (HPE) stock rose 3% before the bell Palantir (PLTR) stock edged higher on Thursday before the bell after closing in the red on Wednesday for the sixth consecutive trading session. Nordson Corporation (NDSN) stock rose more than 5% premarket after Q2 results beat Wall Street estimates. Coty Inc. (COTY) shares slumped 20% in premarket trading on Thursday after reporting results that exceeded market revenue expectations, but the beauty company reported a drop in sales by 8.1% year on year. Short sellers reap over $5 billion on Big Tech bets as AI fears roil market Short sellers betting against some of the market's leading AI stocks potentially made billions as markets slid this week and investors moved away from some of the year's hottest tech trades. Yahoo Finance's Jake Conley and Laura Bratton report: Read more here. Short sellers betting against some of the market's leading AI stocks potentially made billions as markets slid this week and investors moved away from some of the year's hottest tech trades. Yahoo Finance's Jake Conley and Laura Bratton report: Read more here. Oil prices stay up with crude stockpiles on decline Bloomberg reports: Read more here. Bloomberg reports: Read more here.
Yahoo
2 minutes ago
- Yahoo
Walmart stock falls after earnings, profit outlook misses forecasts as US sales growth accelerates
Walmart (WMT) stock fell more than 4% early Thursday after the company reported second quarter earnings shy of expectations while US sales growth topped forecasts. The big box retailer's low-price strategy drew consumers as tariff-related uncertainty pushed them to more carefully scrutinize their household budgets. In the second quarter, US same-store sales grew 4.6%. That's more than the 4.2% Wall Street predicted, per Bloomberg consensus estimates, and ahead of the 4.5% growth seen in the first quarter. Walmart's wholesale subscription business, Sam's Club, saw the same metric grow 5.9%; the Street had forecast a 5.3% increase. The company now expects net sales in its fiscal 2026 to increase between 3.75%-4.75%, up from a prior range of 3%-4% growth that the company reiterated in the prior quarter. Read more: Live coverage of corporate earnings Walmart stock came under pressure after the results showed the company reported adjusted earnings per share of $0.68, below the $0.74 the Street had forecast. This was the first quarterly earnings miss since May 2022 after the company said it incurred one-time charges related to legal matters and restructuring in the quarter. Revenue came in at $177.4 billion, better than the $176.05 billion Wall Street expected. Adjusted earnings per share are expected to come in between $0.58-$0.60 in the current quarter. For the full year, the company expects adjusted earnings to come in the range of $2.52-$2.62. The Street was looking for $2.61. Walmart called out strength in its grocery and health and wellness categories, driving its US sales growth. The company saw share gains "across income brackets led by upper-income households" in its US stores. In the quarter, Walmart said "like-for-like" inflation was 1.1% in its US stores as it navigates tariff uncertainty. "With regards to our US pricing decisions, given tariff-related cost pressures, we're doing what we said we would do," CEO Doug McMillon told investors on the company's earnings call. "We're keeping our prices as low as we can for as long as we it relates to what we're experiencing with customers and members here in the US, their behavior has been generally consistent. We aren't seeing dramatic shifts." Read more: 5 ways to tariff-proof your finances By category, the company saw grocery sales rise by mid-single digits in US stores while the health and wellness category saw sales rise by a mid-teens percentage. Around 60% of the US sales are groceries, which are largely tariff-exempt if they're produced domestically or in Mexico and Canada. It has also been leaning into e-commerce and delivery. Walmart U.S. e-commerce profitability continued to increase in Q2, after it turned profitable in Q1. Still, the company expects prices will increase in the second half of the year. "As we replenish inventory at post-tariff price levels, we've continued to see our costs increase each week, which we expect will continue into the third and fourth quarters," McMillon added. "As we go through the quarter, we'll be watching price gaps. We'll be watching gross margins. We'll be watching bottom-line profitability." Walmart sources two-thirds of its goods directly from the US and less than one-third of what it sells in the US is imported from China, Mexico, Vietnam, India, and Canada. Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@ Click here for all of the latest retail stock news and events to better inform your investing strategy
Yahoo
2 minutes ago
- Yahoo
Inter Milan Vice-President Calls Lautaro Martinez ‘Already A Flag-Bearer For Inter' – Adds ‘It's Right Paz & Fabregas Stayed At Como'
Inter Milan Vice-President Javier Zanetti feels that captain Lautaro Martinez is 'already a flag-bearer' for the Nerazzurri. Zanetti spoke to newspaper La Provincia di Como, via FCInterNews. He also commented that it's 'right' that Nico Paz stayed at Como this summer. Lautaro Martinez is getting ready for his eighth season as an Inter Milan player. The Argenjtine joined the Nerazzurri in the summer of 2018. And while he took a season to find his feet and earn his place in the starting eleven, Martinez has not looked back since then. Since 2023, Martinez has worn the captain's armband for Inter. He inherited the captaincy from Samir Handanovic after the Slovenian retired. And even before then, Martinez had undoubtedly been a leader for Inter. Both on the pitch, and behind the scenes in the dressing room. Inter Vice-President Zanetti: 'Lautaro Martinez Already A Flag-Bearer' CHARLOTTE, NORTH CAROLINA – JUNE 30: Lautaro Martinez #10 of FC Internazionale Milano crosses the ball during the FIFA Club World Cup 2025 round of 16 match between FC Internazionale Milano and Fluminense FC at Bank of America Stadium on June 30, 2025 in Charlotte, North Carolina. (Photo by) Inter Milan Vice-President Javier Zanetti beamed that 'Lautaro has shown a great sense of belonging here.' 'He's happy with us,' the Nerazzurri executive continued. 'And he's starting his eighth season here. He's our captain. I think he's already a flag-bearer for us.' Meanwhile, Zanetti also gave his thoughts on Como midfielder Nico Paz and coach Cesc Fabregas. Inter had reportedly chased both during this summer transfer window. Zanetti argued that 'It's right that Nico continues his development at the place where he did very well in his first season in Italy.' The Inter executive predicted that Paz 'has a great future ahead of him.' 'As for Cesc, I think he's one of the young coaches who are really starting to break out,' Zanetti said. 'He's very intelligent, as he also was as a player.'
