Wall Street Breakfast Walmart headlines holiday earnings week
5 snips
Feb 15, 2026 Markets face a holiday-shortened trading week with 57 S&P 500 reports and a spotlight on Walmart’s fiscal Q4 outlook. Q4 GDP and core PCE inflation previews set expectations for growth and prices. The Supreme Court’s potential ruling on tariffs draws attention. Nvidia’s India trip cancellation and Goldman’s AI-driven software pair trade round out the market themes.
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Walmart's AI Push Meets Valuation Concerns
- Walmart is the marquee earner this holiday-shortened week and is expected to show modest sales growth and solid revenue.
- Seeking Alpha notes Walmart is integrating AI like Sparky to boost efficiency but rates the stock a strong sell due to valuation risk.
GDP And Core PCE Are Market Focuses
- Economists expect Q4 GDP around 2.8% annualized, while Wells Fargo adjusts underlying growth nearer 1.6% after shutdown effects.
- Core PCE inflation is forecast to tick up to about 3% year over year, a key Fed gauge due Friday.
SCOTUS Tariff Ruling Priced By Markets
- The Supreme Court could rule soon on President Trump's tariffs with opinion days flagged later this month.
- Prediction markets currently price a roughly 26–27% chance the court will rule in favor of the tariffs.