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Schwab Network

Crypto Rallies & Tech Slumps, WMT Falls on Earnings Beat & Raise

11 min20 augusti 2026

Markets are weaker ahead of Thursday's opening bell as the 10-year treasury yield creeps back up to 4.7%. Jenny Horne discusses more about the AI momentum stocks like Micron (MU) leading downside action and why many are sitting on their hands until Kevin Warsh's Jackson Hole speech. One corner of Wall Street rallying: Bitcoin and crypto-tied stocks after President Trump's recent comments on the Clarity Act. Jenny turns to Walmart (WMT) and its earnings and guidance raise that still couldn't satisfy.


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