Core Insights - Walmart Inc. reported a revenue of $190.7 billion for the fourth quarter, reflecting a growth of 5.6%, or 4.9% on a constant currency basis [1] Financial Performance - Global eCommerce sales increased by 24%, driven by store-fulfilled pickup and delivery services as well as marketplace offerings [1] - The global advertising business saw a significant rise of 37%, with Walmart Connect in the U.S. growing by 41% [1] - Membership fee revenue grew by 15.1% globally [1] - The gross margin rate improved by 13 basis points, primarily due to performance in Walmart U.S. [1] - Operating income rose by $0.8 billion, representing a growth of 10.8%, or 10.5% when adjusted for constant currency [1]

Core Insights - The retailer is successfully attracting a diverse range of shoppers across all income groups to its grocery offerings and fast online delivery services [1] Group 1 - The retailer's grocery segment is experiencing increased foot traffic from various income demographics [1] - The online delivery service is gaining popularity, contributing to the overall growth in shopper engagement [1]

Walmart reports Q4 results Full Year Highlights " The pace of change in retail is accelerating. It's exciting. And our financial results show that we're not only embracing this change, we're leading it. For our customers and members, the future is fast, convenient, and personalized." John Furner President and CEO, Walmart BENTONVILLE, Ark., February 19, 2026 – Walmart Inc. (NASDAQ: WMT) announces fourth-quarter results with strong growth in revenue and adjusted operating income. Globally, eCommerce grew 24% ...

Economic data released on Wednesday showed that U.S. durable goods orders fell -1.4% m/m in December, stronger than expectations of -1.8% m/m, while core durable goods orders, which exclude transportation, climbed +0.9% m/m, stronger than expectations of +0.3% m/m. Also, U.S. December housing starts rose +6.2% m/m to a 5-month high of 1.404 million, stronger than expectations of 1.310 million, and building permits, a proxy for future construction, rose +4.3% m/m to a 9-month high of 1.448 million, stronger ...

来源：滚动播报 沃尔玛公布季度财报前，盘前股价下跌1.2%。 ...

Market Analysis by covering: Walmart Inc. Read 's Market Analysis on Investing.com ...

Core Viewpoint - Walmart is expected to release its earnings report today, which will provide insights into the company's financial performance and market position [1] Group 1: Company Performance - The earnings report will likely reflect Walmart's ability to navigate current economic conditions and consumer behavior [1] - Analysts are anticipating key metrics such as revenue growth and profit margins to be highlighted in the report [1] Group 2: Market Implications - The results may influence investor sentiment and stock performance, particularly in the retail sector [1] - Walmart's earnings could serve as a barometer for broader economic trends, given its significant market presence [1]

来源：环球市场播报 第9名谷歌A类股收高0.43%，成交47.62亿美元。谷歌与苹果公司正将音乐类生成式人工智能功能引入 其核心消费者应用，此举凸显了先进的AI工具在步入主流使用。 谷歌周三在博客文章中表示，Gemini人工智能助手现可基于用户上传的文本、照片或视频，利用Google DeepMind最新的Lyria 3模型生成30秒的音乐曲目。该功能可生成定制歌词或纯音乐音频，将向18岁以 上用户开放，并支持多种语言。谷歌表示，新功能将在Gemini桌面版率先推出，并将在未来几天登陆移 动应用。 谷歌还表示，其广受欢迎的图像生成模型Nano Banana将为音乐作品生成定制封面，在用户分享曲目链 接时添加视觉效果。 第10名Palantir收高1.77%，成交81.6亿美元。随着南佛罗里达州打造科技中心的努力日益增强，该公司 已将其总部从丹佛迁至迈阿密。此前，该公司已从帕洛阿尔托迁出，并且其政府和国防合同仍在持续扩 展中。 周三美股成交额第1名英伟达收高1.63%，成交301.82亿美元。据报道，英伟达和Meta Platforms宣布达 成一项多年期协议，将为Meta的美国AI数据中心扩张提供"数百万块" ...

Company Developments - Meta Platforms and Nvidia have entered a multi-year agreement for Meta to deploy millions of Nvidia's AI chips, boosting Nvidia's position in AI hardware as Meta expands its data center capabilities [1][2] - Nvidia's shares increased by 1.6% following the announcement, while Meta's shares rose by 0.6% [2] - Amazon's stock rose by 1.8% after it was reported that Bill Aman's Pershing Square increased its stake in Amazon by 65% in the fourth quarter, making it the fund's third-largest position [3] Regulatory Updates - The FDA has reversed its initial refusal and agreed to review Moderna's application for its first mRNA-based seasonal flu shot, which is now expected to receive a final regulatory decision by August 5th [4][5] - Moderna's stock climbed approximately 6% on the news, with the company aiming to have the vaccine ready for the 2026-2027 flu season [6] Economic Indicators - Walmart is set to report earnings, with analysts expecting a revenue growth of about 5.6% year-over-year to $190.6 billion, an improvement from the previous year's 4.1% increase [9][10] - Earnings per share are anticipated to be around $0.73, and Walmart has only missed Wall Street revenue estimates once in the past two years [10] - Jobless claims data will be released, which is expected to provide insights into the stability of the job market following strong jobs data from the previous week [12][13] - The trade balance for November is projected at $56.8 billion, which will influence GDP estimates [14]

Core Insights - The SPDR S&P Retail ETF (XRT) has shown an 11.05% return over the past year, but its performance has slowed with only a 2.47% increase year-to-date and a 3.34% decline in the past month, indicating uncertainty in consumer spending [1] Retail Performance - Walmart (WMT) exceeded revenue estimates by $4.33 billion, driven by a 27% surge in eCommerce sales, resulting in a 15.65% stock increase year-to-date [1] - TJX Companies reported a 5% rise in comparable sales and a 7.49% increase in total revenue, benefiting from consumers shifting towards value retailers [1] - Dollar General (DG) achieved a 37.6% EPS beat and 2.5% same-store sales growth, reflecting the trend of value-seeking consumer behavior [1] - Target (TGT) experienced an 18.91% decline in operating income, struggling to maintain competitiveness without a clear value proposition [1] Consumer Spending Trends - The performance of XRT is closely tied to U.S. consumer spending, with December 2025 retail sales reported at $735 billion, flat month-over-month but up 3.3% year-over-year [1] - A decline in monthly growth below 2% or consecutive negative months could exert downward pressure on XRT, compressing margins across its holdings [1] - The University of Michigan Consumer Sentiment Index is at 52.9, indicating recessionary territory, with sustained readings below 50 signaling potential spending declines [1] Equal-Weight Methodology - XRT's equal-weight structure allows smaller retailers to have the same influence as larger ones, which can lead to significant performance shifts during quarterly rebalancing events [1] - Monitoring State Street's monthly holdings files and quarterly rebalance announcements is crucial for understanding potential changes in exposure to discount versus full-price retail [1]