COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner Kuala Lumpur - Delayed Quote • MYR Panda Eco System Berhad (0290.KL) Follow Compare 0.3750 0.0000 (0.00%) At close: 4:53:19 PM GMT+8 Related News Does the 'Magnificent Seven' have more room to run in 2025? The "Magnificent Seven" tech stocks — Apple (AAPL), Amazon (AMZN), Alphabet (GOOG, GOOGL), Meta Platforms (META), Microsoft (MSFT), Tesla (TSLA), and Nvidia (NVDA) — have continued to lead market gains in 2024, surging approximately 70%. Asking for a Trend Anchor Josh Lipton delves into the market momentum behind these tech giants, exploring Wall Street's perspectives on their potential for continued growth in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Bitcoin surpasses $107,000 to hit new high amid 'relentless' ETF demand Bitcoin climbed as high as $107,000 on Monday as the Trump trade soared to new heights. Walmart CFO: 'We're a company that wins in any type of economic environment' Walmart CFO John David Rainey takes Yahoo Finance behind the numbers of our Company of the Year award winner. Why Walmart is clobbering its rivals Walmart (WMT) has had a year for the record books. The company’s stock is up a sizzling 80% this year. Its financial performance has been beyond impressive given Walmart’s size. And Walmart continues to out-perform key retail rivals such as Target (TGT). It’s for these reasons Walmart has secured the 2024 Yahoo Finance Company of the Year award. Yahoo Finance Executive Editor Brian Sozzi sat down with Walmart CEO Doug McMillon to learn more about the company’s growth plans and what keeps the longtime CEO up at night. He says Walmart is truly firing on all cylinders. But can Walmart stay dominant in the years to come as Amazon (AMZN) gets even stronger and others in retail mount comebacks? Sozzi welcomes retail and supply chain expert Brittain Ladd on Opening Bid for an in-depth discussion on the future of the world’s largest retailer. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Learn more about why Walmart was named Yahoo Finance's 2024 Company of the Year Walmart is the 2024 Yahoo Finance Company of the Year Walmart CEO explains how big investments are now paying off How Walmart's $90 billion Sam's Club is aiming to take down Costco Walmart CFO: 'We're a company that wins in any type of economic environment' Market breadth is a 'prove-it story': NYSE strategist Mega-cap Big Tech names are outperforming in markets again, but can they keep the same momentum they once had? NYSE Senior Market Strategist Michael Reinking joins Morning Brief to discuss his outlook on breadth within the stock market. Reinking notes that the market (^DJI, ^IXIC, ^GSPC) expanded in breadth post-election, with mega-cap tech stocks beginning to recover. "We're at kind of an area where you'd like to see that breadth expansion start to... pick back up," he says, highlighting concerns about higher inflation and the potential for fewer rate cuts in 2025. He identifies financials and industrials as sectors positioned to benefit from increased market breadth expansion. Regarding a catalyst for market breadth, Reinking characterizes it as "a prove it story," noting the earnings gap between the Magnificent 7 and the other equal-weighted stocks in the S&P 500 (^GSPC) is likely to narrow. "It's going to be a situation where you need to see companies, A) being able to meet their earnings expectations, but you want to see the earnings revisions start to move more positively for that equal weight... contingent," he explains. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Walmart is the 2024 Yahoo Finance Company of the Year Walmart has secured Yahoo Finance's coveted annual Company of the Year award. Go inside its year and road ahead with CEO Doug McMillon and CFO John David Rainey. Fed rate decision, bitcoin above $106K, markets: 3 Things The Federal Reserve meets in Washington, D.C., for the central bank's December policy meeting, the last of 2024, where Wall Street expects officials to cut interest rates by 25 basis points. Bitcoin (BTC-USD) rallied above $106,000 early Monday morning, as software firm MicroStrategy (MSTR) remains incredibly bullish on the cryptocurrency with plans to continue buying bitcoin. US stock futures (ES=F, NQ=F, YM=F) rally today, shaking off last week's performances from market averages as market breadth appears to decline. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Alphabet (GOOGL) and Samsung Join Forces: Android XR and Project Moohan to Challenge Mixed-Reality Giants We recently published a list of 13 AI News That Broke the Internet. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL)stands against other AI news that broke the internet. AI Moving from Prompts to Problem-Solving As artificial intelligence continues to evolve, a new generation of AI systems is […] Jim Cramer on Alphabet Inc. (GOOGL): ‘The Stock’s A Comeback Kid And I Am So Glad We Own Some For The Charitable Trust’ We recently compiled a list of the Jim Cramer’s Bold Predictions About These 15 Tech Stocks. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL) stands against the other tech stocks Jim Cramer recently talked about. Like all of us, Jim Cramer is always wondering what’s next for the stock […] Stock Market Today: Dow Jones Slips As Super Micro Dives On These Worries; This Warren Buffett Stock Eyes Entry The Dow Jones index was steady on the stock market today. MicroStrategy rose while Super Micro dived. Cathie Wood bought a plunging AI stock. Nvidia, Meta, Google Get Snubbed Three Times — But This Stock Didn't Blue Owl Capital shares a spot on IBD Leaderboard with Nvidia, Meta and Google. But only Owl stock pulls off this stock-list trifecta. Quantum Frenzy: How Rigetti Computing Stock Soared Over 220% in 2024 Is this explosive growth the dawn of a quantum revolution--or just another market bubble? Ford Stock Skids: Jefferies Sounds Alarm on Inventory Glut and EV Gamble Analysts slash Ford's rating and price target, warning of challenges that could stall investor returns. Equities Mostly Rise Intraday as Markets Await This Week's Fed Decision US benchmark equity indexes were mostly higher after midday Monday as traders awaited the Federal Re Why Alphabet Stock Was Moving Higher Today Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) moved higher today after the tech giant was named a top stock for 2025 by Barron's and seemed to benefit from broader market news. Today, investors seemed to react to Barron's choice to include Alphabet on the list of its 10 favorite stocks to buy for 2025. Alphabet was the only "Magnificent Seven" stock to make the list, and the tech giant is cheaper than most of those peers, still trading at a price-to-earnings ratio of 26 even as the stock reached an all-time high today. Why Amazon.com (AMZN) Is One of the Most Held Stocks by Hedge Funds? We recently published a list of 12 Stocks Most Held by Hedge Funds. In this article, we are going to look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other most held stocks by hedge funds. On December 12, President-elect Donald Trump rang the opening bell at the New York Stock Exchange, an event rich with […] AWS Commits $10 Billion to Expand Data Centers in Ohio; Amazon Stock Rises AWS has pledged over $23 billion to Ohio since 2015, making it one of the largest private-sector investments in the state. Microstrategy's Nasdaq-100 Inclusion: Boosted by Bitcoin Holdings and Financial Turnaround MicroStrategy (MSTR) Joins Nasdaq-100 Amid Its Brave Bitcoin Strategy Ford Stock Falls After Jefferies Analyst Downgrade Ford Motor shares fell Monday after analysts at Jefferies downgraded the stock, pointing to inventory issues. Bitcoin Price Hits Record; Here's How Trump May Fund Strategic Reserve The Bitcoin price touched a new high amid clues as to how President-elect Trump may create a strategic reserve. Performance Overview Trailing total returns as of 12/16/2024, which may include dividends or other distributions. Benchmark is FTSE Bursa Malaysia KLCI Return 0290.KL FTSE Bursa Malaysia KLCI YTD +90.18% +10.46% 1-Year +76.91% +9.87% 3-Year +29.31% +8.37%