Nvidia announced strong quarterly earnings, driven by robust demand for its gaming and data center chips. Tesla revealed plans to build a new Gigafactory in Texas, expanding its manufacturing capacity. Microsoft reported record revenue in its latest quarter, fueled by growth in its cloud computing and gaming businesses. Alphabet faced antitrust scrutiny from the US government over its advertising practices. Walmart saw a surge in online sales as customers continued to shift towards e-commerce during the pandemic.
Source link
Where Will Walmart Stock Be in 3 Years?
Investors typically analyze a company's recent fiscal results before purchasing stock, as past performance can indicate future potential. However, it's also essential to consider qualitative factors that may influence a company's quantitative outcomes. With Walmart (NYSE: WMT), despite its stable business model, there is potential for pleasant surprises in its stock performance over the next three years, suggesting a deeper examination of its strategies may be warranted. Full Article
Read more