Nvidia Gains, Walmart Rises, Bath & Body Works Slumps After Cutting Outlook
On this episode of Stock Movers:- Nvidia (NVDA) shares rise after the company delivered a strong revenue forecast, expecting sales of about $65 billion in the January quarter, and pushed back on the idea that the AI industry is in a bubble.- Walmart (WMT) shares gain after the company raised its full-year sales and profit outlook, citing its ability to win over price-sensitive shoppers while absorbing rising costs. The company's net sales are now expected to rise 4.8% to 5.1%, driven by strong e-commerce performance and a wide assortment of products, including luxury items like pre-owned…
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