Walmart Inc shares rose 1.58% to $119.03 on Tuesday as investors reacted to a new long-term nuclear power agreement with Constellation Energy, even as Nasdaq-100 futures slid. The stock is holding above its 200-day simple moving average (SMA) of $116.55, maintaining a long-term uptrend despite trading below key mid-term averages.

Nuclear Power Agreement Details

Walmart and Constellation Energy announced a long-term nuclear power purchase agreement tied to Constellation’s Dresden Clean Energy Center in Illinois. The agreement covers approximately 176 MW of wholesale supply, which includes 30 MW of expanded generating capacity. The deal structure consists of two 15-year terms beginning in 2029 and 2030, encompassing energy, environmental attributes, and capacity.

Constellation’s Jim McHugh stated that the agreement drives meaningful investment to support grid reliability and sustain local jobs. Walmart’s Shayne Wahlmeier emphasized that the partnership allows the retailer to expand operations while prioritizing affordable, reliable, and clean energy for its business and communities.

Technical Analysis and Key Levels

Walmart is currently trading about 1.8% above its 200-day SMA of $116.55, preserving the broader uptrend. However, the stock remains approximately 4.9% below the 50-day SMA of $124.86 and 5.1% below the 100-day SMA of $125.03, indicating the intermediate trend requires repair. The Moving Average Convergence Divergence (MACD) is above its signal line with a positive histogram, suggesting easing downside pressure.

Key support is identified at $112.50, a level where buyers previously stepped in. Resistance is situated at $133.00, a round-number ceiling that aligns with recent high zones. A break above resistance could target the 52-week high, while a breach of support may shift focus toward the low-$110s.

Business Overview and Performance

Walmart operates over 10,700 stores globally, including 4,600 U.S. locations and 600 Sam’s Club outlets, serving approximately 270 million customers weekly. The company reported fiscal 2026 sales exceeding $713 billion. Its business segments are Walmart US (68% of fiscal 2026 sales), Walmart International (19%), and Sam’s Club (13%). In the U.S., nearly 60% of the $486 billion fiscal 2026 revenue was derived from grocery sales.

Walmart and Sam’s Club have launched a nationwide initiative to assist Medicare beneficiaries in navigating new prescription drug coverage options related to weight management and chronic health conditions. As Medicare coverage evolves, seniors often face challenges understanding eligibility requirements, prescription coverage processes, and provider documentation needs. The companies are expanding support services focused on weight management education and healthcare navigation to help patients understand available resources and next steps.

The initiative provides Medicare beneficiaries with easy-to-understand educational materials explaining prescription coverage pathways. One-on-one pharmacist consultations are available to help patients understand coverage processes. The program also offers assistance navigating government and healthcare resources, enhanced in-store support in nearly 5,000 locations, and digital health navigation tools. Customers can also access connections to additional health services, including vision care resources.

"Healthcare can be complex, especially when coverage programs change," said Kevin Host, SVP, Walmart Health & Wellness. "Our goal is to help customers access trusted information, understand their options, and feel confident navigating the healthcare system. Walmart pharmacists serve millions of patients every year, and we are committed to helping seniors connect with the resources they need."

With approximately 90% of the U.S. population living within 10 miles of a Walmart, the company’s pharmacy network serves as an accessible healthcare resource nationwide. This network often represents one of the most frequent points of care for patients in rural and underserved communities. Walmart is leveraging its scale to ensure critical educational resources and pharmacist support are available where access to healthcare information may be limited.

Support Services and Resources

Walmart is building on its recent expansion of weight management support services through Walmart’s Better Care Services platform. The company continues to broaden access to tools and resources for customers on or exploring GLP-1 treatment options. Support may include nutrition resources, wellness products, pharmacist consultations, and convenient same-day pharmacy delivery options.

Pharmacists provide guidance on topics such as medication use, nutrition, hydration, and healthy habits. Walmart offers access to products and services that support lifestyle changes, ranging from healthier food choices and recipe inspiration to vitamins, supplements, and fitness equipment.

Sam’s Club Pharmacy Recognition

For Sam’s Club members, pharmacists serve as trusted healthcare resources, helping members navigate questions about medications, coverage, and wellness. Sam’s Club pharmacies are ranked #1 in Customer Satisfaction among Mass Merchandiser Pharmacies for the 10th consecutive year by J.D. Power.

"Our members place tremendous trust in their pharmacists, and we take that responsibility seriously," said Matt Holt, VP, Healthcare Operations, Sam’s Club. "For years, our pharmacies have been recognized for delivering exceptional service, and we're proud to help members better understand their healthcare options and connect with the information they need to make informed decisions."

Walmart and Sam’s Club clarified that their role is focused on education, navigation support, and pharmacy services. Eligibility determinations, coverage decisions, and treatment recommendations remain the responsibility of government programs, health plans, healthcare providers, and patients.