Market Updates: Walmart, Meta Platforms, Chubb, Microsoft, and Deere & Co. Stocks React to Recent News

Overall, the stock market is seeing a mix of positive and negative news today. Walmart shares are on the rise after a first-quarter earnings beat, driven by strong e-commerce sales and increased spending from upper-income customers. Meta Platforms is facing scrutiny from the EU over child safety concerns, causing its stock to dip slightly. Chubb shares are surging after Warren Buffett’s Berkshire Hathaway revealed a significant stake in the insurer. Microsoft is reportedly asking employees in its China-based operations to consider transferring outside the country due to escalating tensions between the US and China. On the other hand, Deere & Co. shares are tumbling after the company lowered its profit outlook for the year, citing challenging market conditions. With Dow futures nearing the 40000 threshold and signs of moderating inflation, investors are closely watching these developments to make informed decisions in today’s market.