Stock market

Walmart's stock has almost doubled Amazon in 2019

Data: Money.net; Chart: Axios Visuals

Investors took profits on Walmart's stock after its stronger-than-expected earnings report Thursday, but the outlook remains bright as the world's largest retailer again showed growth in sales as it has in every quarter for five years straight.

The big picture: "A 41% gain in e-commerce sales, up from the second-quarter’s 37%, was especially notable," WSJ's Justin Lahart writes.

Disney had a very good day

Data: Investing.com. Chart: Axios Visuals

Disney was the best performing stock in the Dow Jones Industrial Average Wednesday, jumping 7.3% after reporting 10 million subscribers had signed up for its Disney+ streaming platform on opening day.

Why it matters: The stock rose to an all-time high and had its biggest single-session gain since April on a day when the Dow, S&P 500 and Nasdaq were little moved.