Julie Morgan

DRI closed Tuesday nearly 2.3% in the green.

AMD is down 7.3% in pre-market action, even after reporting fourth quarter results and guidance that were well above Wall Street's forecast.

For the period ending December 27th, AMD earned an adjusted $1.53 per share, as revenue rose 34% year-over-year to $10.27 billion.

Analysts expected the company to earn $1.32 on revenues of $9.65 billion for the entire quarter.

Data Center revenue rose 39% year-over-year to $5.4 billion, which is higher than the $4.97 billion they were expecting.

Alex King of Sestrian Capital Research, the investing group leader for Growth Investor Pro, said the results were rock solid.

He said the stock is down and he would speculate that it's because revenue growth decelerated and the guide is for further deceleration and because the semiconductor sector is very extended and is probably ripe for out-rotation of capital into something else.

Looking ahead, AMD said it expects first quarter sales to be between $9.5 and $10.1 billion, with a midpoint of $9.8 billion, which is above the $9.39 billion consensus.

Walmart is in a new category.

The retail giant now has a market value of $1 trillion thanks to a record high on Tuesday.

Shares are up as much as 12% year-to-date, outpacing Amazon's roughly 6% gain.

It builds on Walmart's 26.5% year-over-year rise, compared with a 14% increase for the S&P 500.

and just 2.6% for Amazon.

In its goal to compete with Amazon, Walmart has embraced artificial intelligence, expanded its delivery capabilities to include same-day, and invested in its pharmacy business.

This has translated into increased memberships with a 12% growth year-over-year and its most profitable quarter in Q2 this year.

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WMT is up 0.4% in pre-market action after closing nearly 3% higher on Tuesday.

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