Market Overview - The market mood is described as mercurial and jittery, hovering near highs but showing signs of volatility [6][32] - There is a mixed performance in stocks with no particular catalyst driving the market, leading to day-to-day fluctuations [7][12] Company Performance - Cisco (CSCO) saw a rise of about 5% after beating earnings expectations and raising guidance, with an 8% increase in revenue and a notable 15% rise in its networking sector [7][8] - Oracle (ORCL) experienced a decline of about 10% over five days and is down 55% from its peak in September, raising concerns about spending from hyperscaler companies [8][12] - Nvidia (NVDA) is anticipated to be a significant data point for the market, currently holding a 40% gain year-to-date, but faces high valuation concerns [13][15] Sector Trends - Pharmaceutical stocks showed strong performance, with the Van Eck Pharma ETF (PPH) up about 4%, indicating a potential shift towards more defensive investments [17] - Bitcoin (BTC-USD) has declined approximately 24% from its high, suggesting a decrease in risk appetite among investors [18][19] Earnings Reports - Circle (CRCL) reported a 66% increase in revenue year-over-year, with stablecoin circulation reaching nearly $74 billion, but faced a 12% drop in stock price due to rising operating expenses and lower interest rates [20] - Dillard's (DDS) stock jumped 10% after reporting earnings that exceeded expectations, indicating improved margins in a challenging retail environment [21] Economic Indicators - The end of the government shutdown is generally seen as positive for stocks, but uncertainty remains regarding the availability of October economic data due to the shutdown [25][26] - Concerns about layoffs are rising, with reports indicating a 175% increase in layoffs compared to last October, reflecting a softening economy [28][29] - The likelihood of a Fed rate cut has decreased, with current expectations at 50/50 for the December meeting, down from 67% a week prior [30]

Group 1: Walmart - Doug McMillon, President and CEO of Walmart, will retire on January 31, 2026, after 12 years in the role [1] - McMillon began his career at Walmart approximately 30 years ago as an hourly, in-store employee [1] - John Furner, the current CEO of Walmart U.S., has been announced as McMillon's successor [1] - Following the announcement, shares of Walmart experienced a decline [1] Group 2: Nvidia - Sellers have begun to impact Nvidia stock and other AI stocks after significant price increases [2] - Nvidia is set to report earnings amidst a broader sell-off in the AI sector [2]

Good Friday morning from Yahoo Finance's New York City headquarters studios. I'm Yahoo Finance executive editor Brian Sazi. We are coming to you the day after our headline making annual invest event. The hot takes from our chats with our big guests like Eric Trump, Michael Sailor, and Albert Borla will be sprinkled in throughout opening bid and throughout the day here at Yahoo Finance. And this analysis comes at a key juncture for markets. The S&P 500 is on course for its first back-to-back weekly loss sinc ...

Core Viewpoint - Walmart Inc. is experiencing a slight decline in stock price following the announcement of CEO Doug McMillon's retirement in January, with John Furner set to succeed him on February 1st [1] Company Summary - Doug McMillon has been the CEO of Walmart Inc. and will retire in January [1] - John Furner will take over the CEO position starting February 1st [1]

Core Insights - Walmart announced the retirement of CEO Doug McMillon, effective next year, with John Furner, a company veteran, set to succeed him during a challenging retail environment [1] Company Summary - Doug McMillon has been leading Walmart and will step down next year, indicating a significant leadership transition for the company [1] - John Furner, who has extensive experience within Walmart, will take over as CEO, suggesting a continuity in leadership style and company culture [1] Industry Context - The retail sector is currently facing new challenges, including shifts in consumer behavior and technological advancements, which necessitate strong leadership [1]

John Furner will become the retail giant's fifth CEO since founder Sam Walton. ...

Doug McMillon's net worth: US-based multinational retail giant, Walmart President and CEO, Doug McMillon, has decided to step down from his position on 31 January 2026, as the current EVP and the head of Walmart's U.S. operations is set to replace the executive.“On 11 November 2025, C. Douglas McMillon, president and chief executive officer of Walmart Inc., notified the company that he will retire from his position as president and chief executive officer, effective on the close of business on 31 January 20 ...

John Furner, a lifer at the retailer, grew up in Arkansas and interned at Sam's Club Mexico ...

Core Insights - The appointment of John Furner as the successor to Doug McMillon is seen as a natural progression, with Furner being prepared for this role for some time [1] - Under McMillon's leadership, Walmart's shares have quadrupled, reflecting significant transformation and modernization of the stores, as well as a strong push into e-commerce [2] - McMillon has also focused on improving employee compensation and navigating challenges such as labor disputes and the pandemic [3] E-commerce and Future Direction - Walmart has successfully transitioned into the e-commerce space, becoming a competitive giant against rivals like Amazon [2] - The company has been proactive in adopting AI technologies, showcasing its commitment to innovation [3] - The leadership change may signify a pivotal moment for Walmart, especially in light of recent industry layoffs and the need for strategic evolution [4][5]

All right, some breaking news earlier this hour. It is pretty shocking. Uh Walmart CEO Doug McMillan announcing that he will retire.John Ferner is going to be taking over as CEO on February 1st. Joining us right now is Stacy Whit. She is with SS SSW Retail Advisors.And Stacy, the market sold off on this news. Right now, Walmart shares off by 2 and 3/4%. Uh Doug's been a stalwart.he has really led that company to impressive levels not only in the market cap but also with what he's done in terms of diversifyi ...