Thursday’s Stock Market Highlights: Retail, AI, and Earnings Dominate
Walmart shares surged following a strong earnings report, while Bath & Body Works tumbled after disappointing results. Mobile-health Network’s plan to acquire AI data centers sent its stock soaring, contrasting with WeShop’s sharp decline after a recent rally.
Verizon Communications faced investor skepticism after announcing layoffs, while Exact Sciences rallied on a new deal with Abbott Laboratories. Nvidia and Microsoft gained traction with AI-related announcements—Nvidia’s partnership with Brookfield and Microsoft’s push to redefine AI economics.
Uber’s autonomous delivery expansion in the UK failed to lift its stock, and Sirius XM remained steady despite a widespread outage. AMD shrugged off lukewarm analyst sentiment, and Woodward’s shares continued their upward trajectory.
