On this episode of Stock Movers:
- Nvidia (NVDA) shares rise. Nvidia Corp. aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support artificial intelligence ambitions.
- Elf Beauty (ELF) shares climb. The cosmetics company beat the average analyst estimate on major profit and revenue estimates. Meanwhile, the company forecast adjusted earnings per share for 2027 that fell short of expectations.
- Walmart (WMT) shares drop. Walmart Inc. warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers. The company said comparable sales in US stores rose 4.1%, excluding fuel, in the latest quarter, and forecast adjusted profit for the second quarter that missed analysts’ expectations.

Nvidia Rises, Intuit Drops, Ralph Lauren Gains as Luxury Shoppers Spend at Full Price
03:03

Walmart and Intuit Report Reports; Deere Jumps
04:30

Quantum Computing Grants; WalMart Reports; Nvidia Blowout
04:02