Walmart has entered into an agreement to acquire Vibe.co, a self-serve, connected TV (CTV) advertising platform designed to simplify advertising for small and mid-sized businesses (SMB) and mid-market brands. This transaction marks Walmart's biggest deal in two years, signaling a strategic move to enhance its advertising capabilities by integrating Vibe.co's specialized CTV solutions. The financial terms of the transaction were not disclosed.

The completion of the acquisition is subject to customary closing conditions. Specifically, the deal requires the expiration or early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. This regulatory step is standard for mergers and acquisitions of this nature to ensure compliance with antitrust laws.

Transaction Details

The agreement outlines the intent of Walmart to fully absorb Vibe.co's operations. The platform focuses on providing accessible advertising tools for SMBs and mid-market brands, a segment that continues to show growth potential in the digital advertising landscape.

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.