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4 Stocks to Watch on Thursday: BABA, WMT, MRNA, SHOP (SP500:)
Alibaba’s profit fell 75% as higher artificial intelligence spending weighed on results, while Walmart and Moderna also moved on earnings and trial news.
Walmart and Alibaba were among the losers on New York stock exchanges on Thursday following the publication of their results. Walmart, the world's largest supermarket chain, posted higher-than-expected revenue last quarter and also became more optimistic about full-year sales. Despite this, the stock fell by more than 8 percent, partly due to disappointing revenue growth in the US domestic market. Earlier this year, Walmart issued a disappointin…
7 hours ago·Apeldoorn, Netherlands (Kingdom of the)