It's been a tough day for the stock market to reconcile, after back-to-back record closes for the S&P 500 index. $Wal-Mart(WMT)$ , the scapegoat is getting much of the rap, after its disappointing guidance for current quarter, struck a chord with investors that are already nervous over the health of US consumer. Q4 Earnings results. Walmart actually topped earnings & revenue estimates for its fiscal Q4 2025: Earnings per share (EPS) : $0.66 (adjusted) vs $0.64 expected. Revenue: $180.55 billion vs. $180.01 billion expected. Except for : Net income : $5.25 billion, a -4.37% YoY dip from $5.49 billion. Like all US stocks’ quarterly earnings reporting, its the outlook / guidance for current quarter and fiscal year 2025 that Wall Street has iss
The Fall. It was a correction that no one saw coming. It started on late Wed, 19 Feb 2025 when news headline flashed that US Defense Secretary, Pete Hegseth ordered senior military officials to develop a high-level budget plan by 24 Feb 2025, that would slash defense spending by -8% for the next 5 years. The 8% annual cut would mean almost -$300 billion less in military spending through fiscal 2030. This hit $Palantir Technologies Inc.(PLTR)$ head-on and the AI-company pulled back -10% from its all-time highs and caused related algorithmic selling. (see below) On Thu, 20 Feb 2025, investors continued to dump PLTR, escalating concerns that the latest hot pick among retail traders could be fizzling out. PLTR retreated more than -5% intraday. (see ab