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$WMT closed purchase of Jet.com, after expiration of waiting period under federal regulations. Walmart.com and Jet.com will operate as separate brands. Marc Lore, founder and CEO of Jet.com, now joins $WMT's leadership team, serving as EVP at Walmart and president and CEO of Walmart eCommerce in the U.S. He will lead both Walmart.com and Jet.com.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.