LOS ANGELES (AP) — The Rock & Roll Hall of Fame has inducted its 2025 class of music giants.
The ceremony held Saturday at Los Angeles' Peacock Theater was a mix of tributes, speeches and performances by acts like Soundgarden, Salt-N-Pepa and Big Boi of Outkast, along with numerous A-list musical guests.
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David Letterman speaks during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Taylor Momsen, from left, performs with Brandi Carlile and inductee Hiro Yamamoto of Soundgarden, during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Lillian Cornell and Jim Carrey speak during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Inductees Big Boi, left and André 3000 of OutKast during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Feist, left and Olivia Rodrigo perform during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Avril Lavigne, left and Cyndi Lauper perform during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Artists become eligible for the hall 25 years after their first music release.
Here’s a look at this year's Rock Hall class, a few of their defining songs and who inducted them.
American rap duo that began in the 1990s. Key songs: “Hey Ya,” “Ms. Jackson” and “Roses.”
Inducted by Donald Glover. Medley performance included Big Boi, Janelle Monáe, JID, Doja Cat, Killer Mike, Sleepy Brown
English rock band formed in the 1970s. Key songs: “Feel Like Makin’ Love,” “Can’t Get Enough,” “Bad Company.”
Inducted by Mick Fleetwood. Bad Company drummer Simon Kirke was joined by Nancy Wilson of Heart and Joe Perry of Aerosmith on guitars and Black Crowes lead singer Chris Robinson on vocals.
American singer and songwriter whose solo career began in the early 1980s. Key songs: “Girls Just Wanna Have Fun,” “Time After Time,” “True Colors.”
Inducted by Chappell Roan. Lauper performed a medley of her hits, including duets with Avril Lavigne, Raye and Salt-N-Pepa.
American rock band formed in 1984. Key songs: “Black Hole Sun,” “Fell on Black Days,” and “Outshined.”
Inducted by Jim Carrey. Surviving Soundgarden members performed with Taylor Momsen and Brandi Carlile, who took the place of late vocalist Chris Cornell. Cornell’s daughter, Toni, also performed with Nancy Wilson.
American rap group formed in the 1980s. Key songs: “Push It,” “Let’s Talk About Sex” and “Shoop.”
Inducted by Missy Elliott, the group performed a medley of their hits with a special appearance from En Vogue.
American singer who began releasing records in the 1950s. Key songs: “The Twist,” “Limbo Rock,” “Let’s Twist Again.”
Inducted via video tribute. Checker accepted remotely via a video feed.
English singer who began releasing records in the 1960s and died in 2014. Key songs: “You Are So Beautiful,” “Up Where We Belong,” “With a Little Help From My Friends.”
Inducted by Bryan Adams. Medley performance by Teddy Swims, Tedeschi Trucks Band, along with Adams, Lauper, Chris Robinson and Nathaniel Rateliff who took the stage for a rendition of “With A Little Help from My Friends.”
American rock band that began in the 1990s. Key songs: “Seven Nation Army,” “We’re Going to Be Friends,” “Doorbell.”
Inducted by Iggy Pop. Tribute performance by Olivia Rodrigo, Feist and Twenty One Pilots.
American singer-songwriter who began releasing solo records in the early 1970s and died in 2003. Key songs: “Lawyers, Guns and Money,” “Werewolves of London,” “Keep Me in Your Heart.”
Inducted by David Letterman. Honored with performance by the Killers.
American session musician who played on scores of hits starting in the 1950s, primarily on bass. Key songs: The Beach Boys’ “Good Vibrations,” Nancy Sinatra’s “These Boots are Made for Walkin’,” Barbra Streisand’s “The Way We Were.”
Inducted via video tribute.
American music producer and songwriter starting in the 1960s who died in 2022. Key songs: the Delfonics’ “La-La (Means I Love You),” the Spinners’ “The Rubberband Man,” the Stylistics’ “You Make Me Feel Brand New.”
Inducted via video tribute.
English session musician who played keyboards on dozens of hits starting in the 1960s and died in 1994. Key songs: the Beatles’ “Revolution,” the Rolling Stones’ “Sympathy for the Devil,” Cocker’s “You Are So Beautiful.”
Inducted via video tribute.
American music producer and executive starting in the 1970s. Key songs from artists he produced or signed: Rickie Lee Jones’ “Chuck E’s in Love,” Prince’s “Purple Rain,” R.E.M.’s “Losing My Religion.”
Inducted via video tribute.
David Letterman speaks during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Taylor Momsen, from left, performs with Brandi Carlile and inductee Hiro Yamamoto of Soundgarden, during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Lillian Cornell and Jim Carrey speak during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Inductees Big Boi, left and André 3000 of OutKast during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Feist, left and Olivia Rodrigo perform during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
Avril Lavigne, left and Cyndi Lauper perform during the 2025 Rock and Roll Hall of Fame Induction Ceremony on Saturday, Nov. 8, 2025, at L.A. Live in Los Angeles. (AP Photo/Chris Pizzello)
NEW YORK (AP) — Walmart delivered another quarter of impressive sales with speedy deliveries and low prices becoming a strong magnet for people across the income spectrum that are spending more on almost everything, particularly gasoline.
Yet like other major retailers posting financial results this week, Walmart was cautious about the rest of the year given the current economic uncertainty. On Thursday, it issued a forecast for the current quarter that was weaker than what Wall Street had been expecting.
Shares slipped about 7% Thursday.
Walmart has resonated with many Americans who are increasingly careful about where they spend their money as inflation takes a bigger bite out of paychecks, notably gasoline which has soared since the start of the Iran war in late February. Walmart can serve as a barometer of consumer spending given its vast customer base. More than 150 million customers are on its website or in its stores every week, according to Walmart.
One telling shift during the quarter that captures the stress many Americans are feeling: The number of gallons that customers put in their cars during visits to U.S. Walmart and Sam’s Club gas stations fell below 10 for the first time since 2022, which was the midst of the COVID-19 pandemic.
“That’s an indication of stress,” said Chief Financial Officer John David Rainey.
Walmart touted strong sales that were fueled by online shopping on Thursday.
Comparable sales at U.S. Walmart stores rose 4.1% during the three-month period ended April 30. Walmart’s U.S online sales rose 26%, the company said.
Walmart’s promise of lower prices, faster delivery and a refresh of its merchandise has attracted wealthier shoppers. The biggest gains in market share for Walmart are coming from households with annual income over $100,000. That shift is taking place as lower-income shoppers become more entrenched in what economists collectively call a K-shaped economy.
“We see with our customers that the high-income customer is spending with confidence into many categories, while the lower income consumer is more budget conscious and perhaps navigating financial distress,” Rainey told analysts on Thursday.
Rainey told analysts that higher fuel prices took a bite out of profits as it was forced to absorb higher transportation costs. And while the company is focused on offering low prices, Walmart may raise prices later if fuel costs remain high, he said.
U.S. retailers have spent months navigating an uncertain economic environment, from President Donald Trump’s tariffs to the impact of soaring gasoline prices due to the war. The average price for a gallon of regular gasoline raced higher this week and did so again overnight. Gasoline prices are about 45% above where they were at this time last year.
Based on quarterly financial reports from Walmart, Target, Home Depot, Lowe's and TJX, shoppers are cautious but still spending, helped by more generous tax refunds. Yet there is a widespread belief among economists that once those refunds dry up, shoppers will pull back on spending. Consumer spending is the dominant economic engine for the U.S., and retreat would have broad implications for the U.S.
Target reported the largest jump in comparable sales in four years Wednesday, but a cautious outlook overshadowed rather convincing evidence that changes under the company’s new CEO are landing solidly with customers. Target raised its annual revenue outlook Wednesday, but it was still below the pace of its first quarter this year.
The nation’s two largest home improvement retailers Home Depot and Lowe’s reported strong sales, but both companies said that customers are putting off larger home projects.
“I think, overall, this has been the most difficult housing market that I’ve faced in this business since the financial crisis,” Lowe’s CEO Marvin Ellison said this week.
Walmart, based in Bentonville, Arkansas reported first-quarter earnings of $5.33 billion, or 67 cents, for the quarter ended April 30. Adjusted per-share results were 66 cents, matching the 66 cents that analysts expected, according to FactSet.
For the year-ago quarter, the company reported net income of $4.48 billion, or 56 cents per share.
Sales rose 7.3% to $177.75 billion in the fiscal first quarter, above the $174.84 billion that analysts predicted.
Walmart said higher fuel prices took a bite out of profits as it was forced to absorb higher transportation costs.
The company highlighted its speedier deliveries, which is driving more shoppers to buy more often. Rainey said that roughly 60% of U.S. online deliveries arrive at customers' homes in 30 minutes or less.
For the second quarter, Walmart expects sales to be 4% to 5% higher than the same period a year ago. It also expects per-share profit to be between 72 cents and 74 cents. Analysts had been projecting per-share earns of 75 cents on sales of $186.2 billion, according to FactSet.
Walmart stuck to the annual guidance that it issued in February.
Drones operated by Zipline leave base to make deliveries from a Walmart store in Pea Ridge, Ark., Friday, Sept. 26, 2025. (AP Photo/Charlie Riedel)