Walmart Leads Market Gains With Strong Earnings as Stocks Climb Higher

Thursday's trading saw U.S. stocks on the rise, with the Dow Jones Industrial Average climbing by more than 50 points. The surge was propelled by several companies posting significant gains, headed by retail giant Walmart Inc. (WMT) which experienced a notable boost in share price following its latest earnings report.

Walmart's stock leaped impressively during the trading session as the company disclosed an earnings win for the first quarter of 2025. The reported adjusted earnings per share (EPS) were 60 cents, surpassing analysts' expectations of 52 cents. Furthermore, Walmart achieved sales totaling $161.51 billion, marking a 6.0% increase from the previous year, or a 5.8% rise considering constant currency values. This includes roughly a 1% uplift from an additional day of sales, which beat the anticipated consensus of $159.50 billion. These robust figures sent Walmart shares soaring by 6.9%, closing at $63.99.

In addition to Walmart, various other notable stocks recorded appreciable gains during the session:

• AST SpaceMobile, Inc. (ASTS) enjoyed a jump of 32.6% to $3.1711, following the announcement of a narrower-than-expected quarterly loss and the securement of a commercial agreement with AT&T Inc.
• Canada Goose Holdings Inc (GOOS) surged by 23% to $14.10 after reporting upbeat earnings for the fourth quarter.
• Magnite, Inc. (MGNI) rose by 21.6% to $11.91, buoyed by positive analyst reiteration and a steady price target.
• Lightspeed Commerce Inc. (LSPD) saw shares climb by 15.3% to $14.74, backed by strong quarterly sales figures.
• Trupanion, Inc. (TRUP) shares increased by 14.7% to $32.53 amidst an upgrade and price target raise by B of A Securities.
• SilverBow Resources, Inc. (SBOW) gained 14.7% to reach $37.17 following news of an acquisition agreement with Crescent Energy.
• VinFast Auto Ltd. (VFS) grew by 12.8% to $4.79 after a flood of pre-orders emerged for their VF 3 model in Vietnam.
• Corebridge Financial, Inc. (CRBG) saw a 12.7% uplift to $34.00 following AIG's share sell-off deal with Nippon Life Insurance.
• Extreme Networks, Inc. (EXTR) enjoyed a 10.8% rise to $12.02.
• NextNav Inc. (NN) advanced by 8% to $8.08 despite a quarterly loss report.
• HUYA Inc. (HUYA) appreciated by 7.6% to $6.01.
• ZTO Express (Cayman) Inc. (ZTO) enjoyed a 6% increase to $22.67 following strong quarterly outcomes.
• Chubb Limited (CB) rose by 4.1% to $263.28 after Berkshire Hathaway disclosed a significant share purchase of the company.
• Arvinas, Inc. (ARVN) gained 3.9% to $33.58, propelled by promising clinical data from a joint study with Pfizer.
• The Boeing Company (BA) saw a 3.6% boost to $183.41.
• Boot Barn Holdings, Inc. (BOOT) also enjoyed a 3.6% rise to $113.95, despite a soft forecast, riding on the back of strong quarterly earnings.

Your financial decisions should be made with careful consideration and the latest market data in mind.

Walmart, Earnings, Stocks