Walmart Stock Slips Despite Earnings Beat, Tariff Warning

Group 1 - Walmart Inc's stock is down 3.8% to $93.20 despite beating quarterly earnings expectations and achieving its first profitable quarter for e-commerce operations [1] - Revenue for the quarter was slightly below estimates, and executives indicated that recently lowered tariffs are still "too high," potentially increasing consumer prices by June [1] - Walmart has reaffirmed its full-year sales and earnings guidance despite the current uncertainties [1] Group 2 - The options market is experiencing high activity with 92,000 calls and 76,000 puts traded, which is four times the average volume for this time [2] - The most popular options contract is the June 110 call, followed by the May 90 put, which expires at the end of tomorrow's session [2] Group 3 - Walmart's stock opened near $92 but has recovered from morning lows, working to bounce back from an early April drop below $80 due to tariff concerns [3] - The stock is currently supported by its 40-day moving average and maintains a 2% year-to-date gain despite today's decline [3]