# Walmart, the world's largest retailer, announced its first quarter results that were a beat on street expectations, but the guidance it issued for the full year, disappointed the street.

*business · news · 2026-05-21 · CNBC TV18*

## Key points

- Walmart's full-year EPS guidance of $2.75-$2.85 is below consensus estimate of $2.91.
- Walmart shares dropped 8% after disappointing full-year guidance despite beating Q1 expectations.
- US government will award $2 billion in quantum computing grants to nine companies.
- IBM will receive a $1 billion quantum computing grant, causing its stock to rise 12%.
- D-Wave, Rigetti, and Infleqtion stocks surged over 30% each after the grant announcement.

**Companies:** Walmart, IBM, D-Wave, Rigetti, Infleqtion
**Countries:** United States, Iran

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