WMT Hits New Record on OpenAI Deal, Analyzing Outperformance to Peers
Description
Walmart (WMT) will now use ChatGPT in its latest partnership with OpenAI. The stock tapped new all-time highs off the headline, and Rick Ducat adds that Walmart has shined as an outperformer compared to its consumer staple peers. He shows how the stock is testing the record resistance levels and highlights bearish and bullish trends. Rick later analyzes the options activity and unusual trades surrounding Walmart.
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