COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner NYSE - Nasdaq Real Time Price • USD Triton International Limited (TRTN-PC) Follow Compare 24.52 -0.23 (-0.95%) As of December 13 at 2:53:27 PM EST. Market Open. Related News MicroStrategy, Palantir, Axon to join the Nasdaq 100 next week Bitcoin bull MicroStrategy (MSTR), Palantir Technologies (PLTR), and Axon Enterprise (AXON) will be joining the Nasdaq 100 (^NDX) next Monday, December 23. These three companies will be replacing Illumina (ILMN), Super Micro Computer (SMCI), and Moderna (MRNA) in the index. The Morning Brief's Seana Smith and Brad Smith report more on this. 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. Bitcoin hits new high, MicroStrategy pops on Nasdaq 100 inclusion: Yahoo Finance Bitcoin (BTC-USD) topped $106,000 for the first time. The cryptocurrency is surging on hopes of a rate cut from the Federal Reserve on Wednesday. Also in the crypto world, MicroStrategy (MSTR) shares are jumping after it was announced the company was joining the Nasdaq 100 (^NDX). Other trending tickers on Yahoo Finance include Palo Alto Networks (PANW), Super Micro Computer (SMCI), and SoundHound AI (SOUN). Key guests include:9:05 a.m. ET - Stephanie Roth, Wolfe Research Chief Economist9:40 a.m. ET - Simeon Siegel, BMO Capital Markets Managing Director10:00 a.m. ET - Ryan Detrick, Carson Group Chief Market Strategist10:45 a.m. ET - Meredith Whitney, Meredith Whitney Advisory Group CEO11:40 a.m. ET - Nick Nefouse, BlackRock Global Head of Retirement Solutions Walmart CEO explains how big investments are now paying off Walmart has been named Yahoo Finance's 2024 Company of the Year. Its stock is up nearly 80% year to date, and sales are booming. Why? In an exclusive interview with Yahoo Finance Executive Editor Brian Sozzi, Walmart CEO Doug McMillon explains how pre-pandemic investments are starting to pay off. "We invested in wages for our associates. We invested in our people, things like education. We invested in lower prices, we invested in e-commerce, we invested in technology, all within a pretty tight period of time," he said. One thing that's helping to boost the bottom line is the type of customer Walmart (WMT) is drawing in. The company says it is increasingly attracting more higher-income consumers. McMillon thinks that convenience has been drawing a different customer base. He also discusses inflation, noting that the prices for general merchandise are falling faster than food items. A top-of-mind topic for many CEOs right now is the threat of a trade war, with President-elect Trump threatening to enact more tariffs. McMillon thinks Walmart is "positioned to manage" tariffs but worries that customers may see higher prices, even though the retail giant plans to "do everything we can to try and keep them low." There's one technology McMillon is excited about — generative AI. "It's going to help us be more anticipatory for customers and members ... The world will look more like personal shopping assistance than it will an old-fashioned search bar with a laundry list of results that you and I then have to work through as a customer. Just saving us time, making it more convenient, helping us solve problems," McMillon said of the tech. Watch the video above to hear what McMillon expects for Walmart over the next 10 years. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich. Palantir, MicroStrategy, Axon Join Nasdaq 100; Moderna, Super Micro Get The Axe Palantir, bitcoin play MicroStrategy and Axon Enterprise will join the Nasdaq 100 index. Moderna, Super Micro and Illumina will exit. Viridian Therapeutics Skyrockets After Besting Amgen In Thyroid Eye Disease Viridian Therapeutics stock popped Monday after the company scored a win in thyroid eye disease, a condition that causes the eyes to swell. Nvidia Partner Super Micro Faces Stock Decline Amid Nasdaq-100 Exclusion and Auditor Changes Despite recent setbacks, Super Micro's stock gained early this year due to strong demand for AI-optimized servers. MicroStrategy Additional Big Bets: $1.5 Billion Bitcoin Purchase Last Week Michael Saylor's Bitcoin obsession hits new heights as MicroStrategy doubles down on its record-breaking crypto strategy. FDA Approves Checkpoint Therapeutics' Skin Cancer Drug One Year After Rejection On Friday, the FDA approved Checkpoint Therapeutics, Inc.’s (NASDAQ:CKPT) Unloxcyt (cosibelimab-ipdl) for metastatic cutaneous squamous cell carcinoma (cSCC) or locally advanced cSCC who are not candidates for curative surgery or curative radiation. Unloxcyt is the first and only programmed death ligand-1 (PD-L1) blocking antibody to receive FDA marketing approval for this indication. The recommended commercial dosage of Unloxcyt is 1,200 mg administered as an intravenous infusion over 60 minute MicroStrategy Buys Even More Bitcoin. Here’s How Much It Owns Now. What company is buying Bitcoin at above $100,000? It’s MicroStrategy, the the largest corporate holder of the cryptocurrency. Honeywell weighs jettisoning aerospace division, following the breakup of other US conglomerates Honeywell said that it may calve its aerospace division from the conglomerate, sending shares up more than 2% before the opening bell Monday. The announcement arrives about one month after Elliott Investment Management revealed a stake of more than $5 billion in the aerospace, automation and materials company. In a letter sent to Honeywell’s board, Elliott said that the company needed to simplify its structure as it deals with uneven execution, inconsistent financial results and an underperforming stock price. Super Micro's Shocking Fall: Nasdaq Exit, Stock Plunge, and Capital Raise Chaos Once a tech darling, Super Micro now faces a steep decline and uncertain future 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. Honeywell Considers Separation of Aerospace Business as Part of Portfolio Optimization Efforts Honeywell International (HON) on Monday said it is evaluating a potential separation of its aerospac Honeywell Stock Rises. It Mulls Spin-Off Weeks After Activist Called for Breakup. Honeywell is considering spinning off its aerospace business and the development comes about a month after an activist investor had called on the industrial conglomerate to do so. “Since aligning our business this past January to three compelling megatrends—Automation, the Future of Aviation and Energy Transition—we have been moving swiftly and decisively to optimize the Honeywell portfolio to deliver superior growth and drive incremental shareholder value,” said CEO Vimal Kapur in a statement. “At the same time, we have been evaluating more transformational changes.” Ford down after Jefferies downgrade stock to ‘underperform’ Investing.com -- Ford Motor Company (NYSE:F) shares were down more than 3% before the opening bell on Monday, after Jefferies downgraded the American carmaker to "underperform" from "hold" on concerns over inventory build-up, strategic uncertainty in Europe, and a widening gap between warranty provisions and cash outflows. Bitcoin Shatters $106K: Trump's Bold Crypto Move Sends Markets Soaring Trump's push for a U.S. Bitcoin reserve ignites record-breaking rally and reshapes the crypto landscape. Reddit's Favorite Stock: MicroStrategy Rises on Nasdaq-100 Entry and Massive Bitcoin Holdings MicroStrategy tops Reddit's most-followed stocks list amid Nasdaq-100 inclusion and $1.5B Bitcoin purchase Ford Stock Is Falling on a Downgrade. Why This Analyst Turned Bearish. Jefferies downgraded shares of auto maker Ford Motor to Underperform from Hold. It kept a Hold rating on GM stock. Honeywell Considers Aerospace Business Separation After Activist Call for Breakup The industrial conglomerate said its board continues to explore strategic alternatives and plans to provide an update on its portfolio review early next year. MicroStrategy Joins Nasdaq-100 and Buys $1.5B in Bitcoin: Shares Climb on Dual Milestones MicroStrategy's Nasdaq-100 inclusion and $1.5B Bitcoin purchase reinforce its crypto-centric growth strategy Performance Overview Trailing total returns as of 12/16/2024, which may include dividends or other distributions. Benchmark is DAX P Return TRTN-PC DAX P YTD +11.23% +21.37% 1-Year +9.30% +21.37% 3-Year +8.83% +31.37%