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Stocks making the biggest moves midday: Walmart, Netflix, Alibaba, Nvidia & more


A Walmart in Atlanta, Georgia, US, on Sunday, Feb. 19, 2023. Walmart Inc.’s profit forecast for this year fell short of analyst estimates, signaling more struggles for the worlds largest retailer after it was hammered by a surge in inventory. Photographer: Dustin Chambers/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Walmart — Shares of the big box retailer rose slightly after the company reported an earnings and revenue beat for the fiscal first quarter. Walmart also raised its guidance for the full year. However, its adjusted earnings guidance for the fiscal second quarter came in lower than expectations.related investing news an hour agoNetflix – Netflix shares jumped 9.8% a day after the streaming giant held its upfront presentation to advertisers, that many on Wall Street viewed optimistically. The media company said its new ad-supported tier has nearly 5 million monthly active users.Bath & Body Works — The retailer’s shares jumped more than 9% after its fiscal first quarter earnings topped expectations. The company also raised its guidance for the full year. Bath & Body Works reported adjusted earnings of 33 cents per share, while analysts surveyed by Refinitiv had estimated 26 cents earnings per share. The company’s $1.4 billio …

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