Walmart Buys Vizio and the Reason Behind the Purchase Is a Sign

The Walmart Corporation just delivered its quarterly reports and the news was good financially across the spreadsheets. Its revenue grew by +5.7% year-over-year, with its monetary haul beating Wall Street estimates by a few billion dollars, leading to a $1.80 EPS announcement, also besting street estimates. As a result, the stock reached a new high price.

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