Walmart and Target are seeing a curious phenomenon in earnings this week—and their stock is feeling the impact

Earnings are in for two of the largest retailers, and they paint two very different pictures. Walmart, which has seen success in an economy where consumers are cutting back on spending and turning to budget retailers, now seems to be in a downturn, having just announced layoffs as its stock price falls. Meanwhile, Target—which was struggling a year ago amid a cost-of-living crisis and rising tariffs, and following consumer boycotts over a DEI rollback—seems to have reversed course—with sal...