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Walmart stock falls despite a beat-and-raise; Deere jumps after earnings, while Bitcoin and crypto surge on President Trump’s Clarity Act comments.
Editorial companion
Schwab Network’s minute captured a strange Thursday: Walmart beat and raised but sold off, Deere rallied hard after earnings, and crypto ripped higher on President Trump’s Clarity Act remarks. That mix, defensive retail punished, industrials rewarded, and speculative crypto buoyed, tells you risk appetite moved toward growth and momentum on the session. Deere’s pop matters because equipment makers are litmus tests for capital spending; a one-day surge can flip headlines, but it does not erase a string of contracting revenue and earnings.
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