Walmart Rises, Palantir Gains, PayPal Plunges After CEO Announcement
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Show Notes
On this episode of Stock Movers:
- Walmart (WMT) shares rise pushing its market capitalization past $1 trillion for the first time ever, according to data compiled by Bloomberg. The company has undergone a massive digital transformation, using technology to drive more engagement and incorporating artificial intelligence across its operations.
- Palantir (PLTR) shares rise. Wall Street expects Palantir to report another quarter of solid growth, with analysts estimating adjusted earnings per share will increase 63% to 23 cents in the final quarter of 2025.
- PayPal (PYPL) shares plunge after news that HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss, whose turnaround plan failed to meet targets.
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