๐Ÿ› Walmart sparks a slide

๐Ÿ‡ฒ๐Ÿ‡ฝ As Trump cracks down on Mexican drug cartels

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๐Ÿ“ฐ Market headlines

Stocks slid on Thursday as investors digested cautious guidance from Walmart and potential policy disruptions from President Trump.

  • The Dow fell or 1.1%, while the S&P 500 and Nasdaq dropped about 0.5%.

  • Walmart sank 6% after issuing conservative fiscal 2026 guidance, dragging down other consumer stocks like Target and Costco.

The Trump administration launched an investigation into Californiaโ€™s high-speed rail project, threatening to withdraw $4 billion in federal funding.

Delta paid each passenger on the Minneapolis-to-Toronto flight that crash-landed $30,000 with no strings attached.

The US designated Tren de Aragua, the Sinaloa Cartel, and other drug cartels as global terrorist organizations to disrupt their finances through sanctions.

๐Ÿง  Make yourself heard

Trump is suggesting the US can take military action against drug cartels in Mexico, even without Mexico's approval.

Should the US take military action against drug cartels in Mexico, without Mexico's approval?

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 ๐ŸŽจ Alternative investing news

Researchers at The Courtauld Institute of Art in London have uncovered a hidden portrait beneath one of Pablo Picasso's early Blue Period paintings, "Portrait of Mateu Fernรกndez de Soto" (1901).

What do you think?

๐Ÿ“Š Ideas, trends, and analysis

  • Japanโ€™s core inflation rose 3.2% in January, hitting a 19-month high and reinforcing expectations of further rate hikes by the BOJ.

  • Tesla's EV dominance is slipping, with its US market share falling from 64% to 48% in 2024.

๐Ÿ˜ฑ Fear and Greed Index

๐Ÿ“Š Winners and losers

Like good newsletters?
Here are some other ones popular with Stocks & Income readers:

Earnings, upgrades, and acquisitions

  • Alibaba fell 0.87% after reporting an 83% rise in operating income.

  • Walmart issued below-expectation guidance for fiscal 2026, dropping shares by 6.13%.

  • Unity Software reported Q4 revenue fell 25%; shares soared 30.41%.

  • Shake Shack dropped 3.95% despite Q4 revenue up 15% year-over-year.

  • Rivian announced Q4 deliveries of 14,183 vehicles, pushing shares down 2.66%.

Market movers

  • Celsius Holdings acquired Alani Nutrition in a $1.8 billion cash-and-stock deal.

  • A US bankruptcy judge approved Spirit Airlines' $795 million debt restructuring, allowing it to emerge as a private company.

  • Meta cut annual stock option distributions by about 10% for tens of thousands of employees despite record-high trading.

  • Stellantis delayed production of the next-generation Jeep Compass in Canada to 2026.

  • Hasbro announced plans to shift manufacturing away from China to mitigate tariff impacts.

๐ŸŒ Global perspectives

  1. ๐Ÿ‡ฒ๐Ÿ‡ฝ Mexican President Sheinbaum warned the US against violating Mexicoโ€™s sovereignty after it designated six cartels as terrorist groups.

  2. ๐Ÿ‡ฒ๐Ÿ‡ฒ Over 1,000 Chinese nationals were rescued from online scam centers in Myanmar and repatriated through Thailand.

  3. ๐Ÿ‡จ๐Ÿ‡ฎ France scaled back its military presence in Ivory Coast to just 80 personnel for training purposes.

  4. ๐Ÿ‡ช๐Ÿ‡ธ Spain's former football federation boss Luis Rubiales was found guilty of sexual assault for kissing player Jenni Hermoso without consent.

  5. ๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Crown Prince MBS is rallying Arab leaders around a postwar Gaza plan to counter President Trump's proposals.

๐Ÿ“Š Crypto

๐ŸŽค What you said last time

What you had to say:

โ€œThis is a 'look over there' tactic, and the whole f-ing country is falling for it.โ€

๐Ÿง  Miscellanea

๐Ÿ“บ What to watch today

Thatโ€™s all for today. Did I miss anything? Smash the reply button to let me know.

Or find me in the Alts Community.

Cheers,
Stefan and Wyatt

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