Stock Movers Nvidia Expansion Weighs on Stocks; Walmart Drops; Diageo's Tariff Hit
4 snips
May 19, 2025 Walmart faces scrutiny as tariffs push prices higher, with pressure from President Trump for the retail giant to rethink its blame game. Nvidia's bold strategy to allow competitors' chips in its data centers reflects the shift in tech dynamics, even as its stock stumbles. Meanwhile, Home Depot's shares drop amidst fears of declining sales due to economic anxiety. Despite this, an analyst sees potential growth in their upcoming earnings report.
AI Snips
Chapters
Transcript
Episode notes
Home Depot and Tariff Impact
- Home Depot faces tariff impacts and is added to Evercore ISI's Tactical Outperform List before Q1 earnings.
- Tariff mentions in corporate earnings are at decade highs, revealing broad economic concerns.
Watch Tariff Mentions Closely
- Listen closely to Home Depot's Q1 earnings to gauge tariff effects on consumer behavior.
- Watch mentions of tariffs and uncertainty in earnings calls for investment insights.
Nvidia Embraces Competitor Chips
- Nvidia will allow customers to use competitor chips within its data center tech, reflecting in-house chip development by Microsoft and Amazon.
- This marks a shift in Nvidia's approach, supporting more customized AI infrastructure.