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2025December › 09

CNBC

6 months ago

One potential reason for Walmart's move to the tech-heavy Nasdaq is to justify a higher valuation, investor Kevin Simpson told CNBC.
Walmart CEO Doug McMillon joins 'Squawk Box' to discuss the move of the company stock to Nasdaq, why he's stepping down as CEO, impact of AI on retail, state of the consumer, and more.
A majority of CFOs are optimistic on the economy and see no recession in 2026, but their view of Trump's handling of the job of president is lukewarm at best.
Even as Paramount and Warner Brothers shares soared, the broader market declined as investors awaited the Fed's rate-setting meeting on Wednesday.

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