Walmart Earnings; Palantir Rebound; Boeing-China Report
On this episode of Stock Movers:- Walmart (WMT) is lower this morning as profit missed expectations due to a rise in insurance claims, legal charges, and restructuring costs. The company raised its full-year sales guidance, expecting net sales to rise 3.75% to 4.75% this year, and lifted its adjusted earnings guidance for the year. CFO John David Rainey said "the consumer is resilient" and that Walmart continues to gain market share across all income levels, especially wealthier shoppers.- Palantir (PLTR) shares are rebounding after reading a tech decline this week following a run of selling…
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