Walmart $WMT has recently shared its sales and profit forecasts for the current fiscal year, falling short of Wall Street's expectations. The company attributes this cautious outlook to the ongoing geopolitical challenges. The announcement triggered an immediate market reaction, notably impacting the stock performance of major retail players.
In recent years, Amazon has been in the spotlight for its significant achievements across different business sectors. However, the company sometimes struggles to meet the high expectations of investors, especially in the field of cloud technologies. Recent news highlights a drop in Amazon $AMZN stock following the release of a quarterly report, necessitating a closer examination.