Brew Markets Will Walmart’s CEO Exit On Top? & StubHub Snubbed On No Guidance
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Nov 14, 2025 Walmart's CEO steps down after a transformative 12-year stint. Was he leaving while on top? A close look at StubHub's underwhelming earnings reveals more than just numbers as market concerns loom. Sally Beauty aims for a makeover with innovative services, while Virgin Galactic faces another delay with its spacecraft launch targeted for 2026. The hosts wrap up with observations on today's market movements and a notable crypto sell-off.
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Walmart At A Strategic Crossroads
- Doug McMillon's tech-forward bets transformed Walmart's growth and valuation over the past decade.
- His departure raises questions about whether Walmart is leaving at a peak and how Amazon's grocery push threatens its moat.
Multiple Old Jobs, Multiple 401(k)s
- John Corteau recounted past jobs like driving a city bus and managing a golf course to explain IRA rollovers.
- He used that experience to motivate consolidating old 401(k)s into one IRA.
Guidance Silence Hurt StubHub More Than Losses
- StubHub's quarter showed GMV growth and improved adjusted EBITDA but the market punished the stock for missing guidance.
- The real issue was silence on 2026 outlook after an expensive IPO premium that the market wants justified by data.