Walmart's (WMT.BE) stock price is influenced by several factors: Company Performance: Walmart's financial health, including revenue, profit margins, and earnings per share, significantly impacts investor confidence and stock valuation. Strong financial results typically lead to price increases. Economic Conditions: Overall economic health affects consumer spending. A strong economy with high consumer confidence tends to boost Walmart's sales and stock price, while a recession or economic slowdown can negatively impact its performance. Competition: The competitive landscape, including rivals like Amazon and other major retailers, influences Walmart's market share and pricing strategies, which in turn affects its profitability and stock price. Industry Trends: Changes in the retail industry, such as the growth of e-commerce and shifts in consumer preferences, require Walmart to adapt. Successful adaptation and innovation positively influence investor perception. Interest Rates: Higher interest rates can increase borrowing costs for Walmart and decrease consumer spending, potentially leading to lower sales and a decreased stock price. Inflation: Inflation impacts both Walmart's costs (supply chain, labor) and consumer spending patterns. Higher inflation can squeeze profit margins or lead to decreased sales volume, affecting the stock. Global Events: Global events, such as geopolitical tensions, trade wars, and pandemics, can disrupt supply chains, alter consumer behavior, and impact Walmart's international operations, affecting its stock price.