Walmart sales miss signals weak US consumer

Bad news! $WMT Walmart's US sales growth fell short of expectations, plunging 7.1% in pre-market trading! Data 📊 shows that US consumers' spending per visit at Walmart has decreased by 8%. One might think that with the US stock market rising so strongly and the economy booming, people should have more money, but the facts tell a different story! On Wall Street, Walmart's earnings reports and operational data have always been regarded as a "barometer" for observing the health of US consumption and microeconomic trends! Currently, the US economy is not as hot as the AI sector appears. Do not be misled by the AI market into viewing the big picture in a one-sided manner; this is very dangerous! 🧐 This article is sponsored by @binancezh, "Buy US Stocks on Binance: Global assets, zero time lag, one-click access"!