Nvidia Expansion Weighs on Stocks; Walmart Drops; Diageo's Tariff Hit
On this episode of Stock Movers:- Walmart (WMT) is ticking lower this morning as the retail giant warns of higher prices from tariffs. President Trump told Walmart to stop blaming tariffs for raising prices, citing the company's billions of dollars in profits last year. CFO John David Rainey said price increases will happen in May.- Nvidia (NVDA) shares are tumbling this morning as CEO Jensen Huang outlined plans to let customers deploy rivals’ chips in data centers built around its technology, a move that acknowledges the growth of in-house semiconductor development by major clients…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.