META Pausing A.I. Hiring, WMT Pinned by Earnings Pressure
Schwab Network · Schwab Network
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Show Notes
Walmart (WMT) was under pressure after its earnings Thursday when it showed a rare earnings miss. However, as Jenny Horne notes, the company raised its full-year outlook. She talks about Walmart's extensive report and the signal it issues for the retail space and markets as a whole. On the A.I. front, Jenny explains Meta Platforms' (META) hiring freeze after it shelled out millions of dollars to pull top talent onto its team.
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