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Target shares drop 4% after pulling a controversial Halloween costume; SpaceX plans $100B Starship complex; Walmart adopts contactless payments.

Market News
26 Aug 2026
Seeking Alpha
View Source
Neutral
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Target's shares fell nearly 4% after it withdrew a Halloween costume criticized for racial insensitivity, highlighting the risks in its consumer-focused strategy. SpaceX announced plans to build a $100 billion Starship launch and production complex in Louisiana, aiming for construction in 2027 and first launch in 2029, potentially creating thousands of jobs. Walmart is expanding its payment options by introducing contactless payments including Apple Pay at select stores, enhancing customer convenience and aligning with industry trends.

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