Shares Vizio (VZIO) surged late on Tuesday after the Wall Street Journal reported retail giant Walmart (WMT) is in talks to buy the television maker for about $2 billion. And we begin with Walmart and Vizio after the "Wall Street Journal" reported that Walmart is discussing a deal to purchase the TV maker Vizio for more than $2 billion. You know, Walmart did about $3 billion in ad revenue for the previous 12 months. JULIE HYMAN: And I didn't realize this that data on TV ad sales is owned by whoever operates the TV operating system, which I-- or whoever owns it, so that's why it would be valuable. JULIE HYMAN: Maybe we do.

Source: Wall Street Journal February 13, 2024 21:31 UTC