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- Feb 20 Is Walmart signaling an end to the consumer driving the US GDP higher?
Feb 20 Is Walmart signaling an end to the consumer driving the US GDP higher?
$DLO $IGT $WMT
Mukund Mohan
February 20, 2025
Market
“Amazon became the company with the most revenue last quarter at $187B vs $180B for Walmart, but the growth from $AMZN is less on eCommerce and more on Cloud and Ads” 😊 😋
All 3 indices took a huge beating but somewhat recovered by end of day
With Walmart saying customers are tightening and Palantir hit by a likely budget cut at the Pentagon, the market took an overall beating today. The big picture is still an economy that is growing well, but inflation is beginning to rear its head again.
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Video of the day
Today’s video is on Walmart $WMT the leading retailer in the US.
