Stock Market Today: WMT & DE Rally, CVNA Sells After Earnings #shorts
•February 20, 2026
0
Why It Matters
Guidance shortfalls from retail giants and mixed earnings from industrials highlight earnings quality as a key market driver, while upcoming macro data will shape short‑term investor sentiment.
Key Takeaways
- •Walmart beats earnings but guidance disappoints, shares fall over 1%
- •Deere posts 11.5% post‑earnings rally, raises sales and profit outlook
- •Carvana revenue spikes 58% yet adjusted EBITDA misses, stock down 8%
- •Dow down 0.5%, Nasdaq and S&P each slip about 1% today
- •Market awaits Friday’s GDP and core PCE data for direction
Summary
Wall Street reversed Wednesday’s rally, with the Dow slipping 0.5% and the Nasdaq and S&P 500 each falling roughly 1% as earnings dominated trading. The Russell 2000 was the lone index to gain, edging up a quarter of a percent.
Walmart opened strong but closed over 1% lower after posting a top‑and‑bottom‑line beat while forecasting FY EPS of $2.75‑$2.85, below the $2.97 consensus. Deere surged 11.5% after reporting $9.6 billion in sales, beating expectations, and raising fiscal net‑income guidance to $4.5‑$5 billion. CEO Jim Fleming called 2026 the bottom of the farm slump, fueling optimism.
Carvana’s revenue jumped 58% YoY to $5.6 billion, yet adjusted EBITDA of $511 million fell short of estimates, dragging the stock down 8% and leaving it 21% lower year‑to‑date. Analysts trimmed price targets but maintained bullish ratings, reflecting confidence in the longer‑term recovery.
Investors now await Friday’s GDP and delayed core PCE figures for the December period, which could clarify whether the recent earnings‑driven volatility signals a broader economic shift or a temporary market correction.
Original Description
Today's earnings moved markets on Thursday's session, from Carvana's (CVNA) report after Wednesday's close, to Walmart (WMT) and Deere (DE) the following morning. Marley Kayden keys investors into the metrics leading to today's price action.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
0
Comments
Want to join the conversation?
Loading comments...