XLU over past 60 days: cumulative return +15.0%, annualized vol 14.4%. Market regime: sideways.

Question:
Asset: XLU
Historical prices (past 60 trading days): start=33.07, end=38.03, cumulative_return=+15.0%, annualized_volatility=14.4%
Macro context: {'fed_funds_rate': 4.83, 'cpi_yoy': 315.631, 'unemployment': 4.1, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.04, 't10y3m_spread': -0.74, 'breakeven_10y': 2.27, 'hy_oas': 2.95, 'ig_oas': 0.86, 'ted_spread': 0.09, 'mortgage_30y': 6.12, 'vix': 22.63999938964844}
Market regime: sideways
Recent filing/news:
[SEC 10-Q WMT 2024-08-30] wmt-20240731 0000104169 1/31 2025 Q2 false xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:JPY wmt:state wmt:county wmt:defendant wmt:case wmt:classAction wmt:securitiesClassAction wmt:shareholder wmt:order wmt:pharmacist wmt:segment 0000104169 2024-02-01 2024-07-31 0000104169 wmt:CommonStockparvalue0.10pershareMember 2024-02-01 2024-07-31 0000104169 wmt:A2.550NotesDue2026Member 2024-02-01 2024-07-31 0000104169 wmt:A1050NotesDue2026Member 2024-02-01 2024-07-31 0000104169 wmt:A1500NotesDue2028Member 2024-02-01 2024-07-31 0000104169 wmt:A4875NotesDue2029Member 2024-02-01 2024-07-31 0000104169 wmt:A5750NotesDue2030Member 2024-02-01 2024-07-31 0000104169 wmt:A1800NotesDue2031Member 2024-02-01 2024-07-31 0000104169 wmt:A5625NotesDue2034Member 2024-02-01 2024-07-31 0000104169 wmt:A5250NotesDue2035Member 2024-02-01 2024-07-31 0000104169 wmt:A4875NotesDue2039Member 2024-02-01 2024-07-31 0000104169 2024-08-28 0000104169 2024-05-01 2024-07-31 0000104169 2023-05-01 2023-07-31 0000104169 2023-02-01 2023-07-31 0000104169 2024-07-31 0000104169 2024-01-31 0000104169 2023-07-31 0000104169 us-gaap:CommonStockMember 2024-01-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-01-31 0000104169 us-gaap:RetainedEarningsMember 2024-01-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-31 0000104169 us-gaap:ParentMember 2024-01-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-01-31 0000104169 us-gaap:RetainedEarningsMember 2024-02-01 2024-04-30 0000104169 us-gaap:ParentMember 2024-02-01 2024-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2024-02-01 2024-04-30 0000104169 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-01 2024-04-30 0000104169 us-gaap:CommonStockMember 2024-02-01 2024-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-02-01 2024-04-30 0000104169 us-gaap:CommonStockMember 2024-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 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0000104169 us-gaap:CommonStockMember 2023-01-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-01-31 0000104169 us-gaap:RetainedEarningsMember 2023-01-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-31 0000104169 us-gaap:ParentMember 2023-01-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-01-31 0000104169 2023-01-31 0000104169 us-gaap:RetainedEarningsMember 2023-02-01 2023-04-30 0000104169 us-gaap:ParentMember 2023-02-01 2023-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2023-02-01 2023-04-30 0000104169 2023-02-01 2023-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-01 2023-04-30 0000104169 us-gaap:CommonStockMember 2023-02-01 2023-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-02-01 2023-04-30 0000104169 us-gaap:CommonStockMember 2023-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-04-30 0000104169 us-gaap:RetainedEarningsMember 2023-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-30 0000104169 us-gaap:ParentMember 2023-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2023-04-30 0000104169 2023-04-30 0000104169 us-gaap:RetainedEarningsMember 2023-05-01 2023-07-31 0000104169 us-gaap:ParentMember 2023-05-01 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-05-01 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-05-01 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-31 0000104169 us-gaap:ParentMember 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-07-31 0000104169 2024-02-23 2024-02-23 0000104169 2024-02-23 0000104169 srt:MinimumMember 2024-07-31 0000104169 srt:MaximumMember 2024-07-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-01-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-01-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-04-30 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-04-30 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-05-01 2024-07-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-05-01 2024-07-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-07-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-07-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2023-01-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2023-01-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2023-02-01 2023-04-30 0000104169 us [...TRUNCATED...] acts, assumptions not being realized or other factors, the actual results relating to the subject matter of any forward-looking statement in this Quarterly Report on Form 10-Q may differ materially from the anticipated results expressed or implied in that forward-looking statement. The forward-looking statements included in this Quarterly Report on Form 10-Q are made only as of the date of this report, and Walmart undertakes no obligation to update any such statements to reflect subsequent events or circumstances. 34 Table of Contents Item 6. Exhibits The following documents are filed as an exhibit to this Quarterly Report on Form 10-Q: Exhibit 3.1(a) Restated Certificate of Incorporation of the Company dated February 1, 2018 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 1, 2018 Exhibit 3.1(b) Certificate of Amendment to the Restated Certificate of Incorporation of the Company, effective February 23, 2024 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 23, 2024 Exhibit 3.2 Amended and Restated Bylaws of the Company dated November 10, 2022 are incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on November 16, 2022 Exhibit 31.1* Chief Executive Officer Section 302 Certification Exhibit 31.2* Chief Financial Officer Section 302 Certification Exhibit 32.1** Chief Executive Officer Section 906 Certification Exhibit 32.2** Chief Financial Officer Section 906 Certification Exhibit 99.1* Opioids-Related Litigation Case Citations and Currently Scheduled Trial Dates Exhibit 101.INS* Inline XBRL Instance Document Exhibit 101.SCH* Inline XBRL Taxonomy Extension Schema Document Exhibit 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document Exhibit 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document Exhibit 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document Exhibit 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document Exhibit 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended July 31, 2024, formatted in Inline XBRL (included in Exhibit 101) * Filed herewith as an Exhibit. ** Furnished herewith as an Exhibit. 35 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   WALMART INC. Date: August 30, 2024 By: /s/ C. Douglas McMillon C. Douglas McMillon President and Chief Executive Officer (Principal Executive Officer) Date: August 30, 2024 By: /s/ John David Rainey John David Rainey Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: August 30, 2024 By: /s/ David M. Chojnowski David M. Chojnowski Senior Vice President and Controller (Principal Accounting Officer) 36

Predict whether the return of XLU over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XLU starting 2024-10-08 was -2.43%, which classifies as 'negative'.


AVAX-USD over past 60 days: cumulative return +60.0%, annualized vol 78.2%. Market regime: bull.

Question:
Asset: AVAX-USD
Historical prices (past 60 trading days): start=33.83, end=54.11, cumulative_return=+60.0%, annualized_volatility=78.2%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 312.345, 'unemployment': 3.9, 'gdp_growth_qoq': 23082.119, 't10y2y_spread': -0.39, 't10y3m_spread': -1.26, 'breakeven_10y': 2.32, 'hy_oas': 3.15, 'ig_oas': 0.94, 'ted_spread': 0.09, 'mortgage_30y': 6.79, 'vix': 13.010000228881836}
Market regime: bull
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of AVAX-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for AVAX-USD starting 2024-04-01 was -23.76%, which classifies as 'negative'.


XLV over past 60 days: cumulative return -0.9%, annualized vol 13.4%. Market regime: sideways.

Question:
Asset: XLV
Historical prices (past 60 trading days): start=126.37, end=125.29, cumulative_return=-0.9%, annualized_volatility=13.4%
Macro context: {'fed_funds_rate': 4.83, 'cpi_yoy': 302.845, 'unemployment': 3.4, 'gdp_growth_qoq': 22580.499, 't10y2y_spread': -0.47, 't10y3m_spread': -1.68, 'breakeven_10y': 2.25, 'hy_oas': 4.63, 'ig_oas': 1.41, 'ted_spread': 0.09, 'mortgage_30y': 6.39, 'vix': 18.84000015258789}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-04-26] ["Unusual Call Option Trade in Apple (AAPL) Worth $3,040.50K On April 26, 2023 at 15:31:16 ET an unusually large $3,040.50K block of Call contracts in Apple (AAPL) was sold, with a strike price of $167.50 / share, expiring in 23 day(s) (on May 19, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 3.98 sigmas above the mean, placing it in the 100.00th percentile of all recent large trades made in AAPL options. This trade was first picked up on Fintel's real time Options Flow tool, where unusual option trades are highlighted. What is the Fund Sentiment? There are 6408 funds or institutions reporting positions in Apple. This is an increase of 189 owner(s) or 3.04% in the last quarter. Average portfolio weight of all funds dedicated to AAPL is 2.79%, a decrease of 26.22%. Total shares owned by institutions increased in the last three months by 0.12% to 10,139,399K shares. The put/call ratio of AAPL is 1.00, indicating a bullish outlook. For more in-depth coverage of Apple, view the free, crowd-sourced company research report on Finpedia. Analyst Price Forecast Suggests 6.19% Upside As of April 24, 2023, the average one-year price target for Apple is $173.91. The forecasts range from a low of $117.16 to a high of $215.25. The average price target represents an increase of 6.19% from its latest reported closing price of $163.77. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Apple is $413,641MM, an increase of 6.74%. The projected annual non-GAAP EPS is $6.36. What are Other Shareholders Doing? MAINSTAY VP FUNDS TRUST - MainStay VP T. Rowe Price Equity Income Portfolio Initial Class holds 144K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 150K shares, representing a decrease of 4.30%. The firm decreased its portfolio allocation in AAPL by 14.11% over the last quarter. Benchmark Investment Advisors holds 51K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 52K shares, representing a decrease of 1.70%. The firm decreased its portfolio allocation in AAPL by 9.34% over the last quarter. Lowery Thomas holds 2K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 3K shares, representing a decrease of 17.45%. The firm decreased its portfolio allocation in AAPL by 17.98% over the last quarter. Rbo & Co holds 105K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 104K shares, representing an increase of 0.40%. The firm decreased its portfolio allocation in AAPL by 99.92% over the last quarter. Invst holds 58K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 60K shares, representing a decrease of 2.99%. The firm decreased its portfolio allocation in AAPL by 99.91% over the last quarter. Apple Background Information (This descr

Predict whether the return of XLV over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XLV starting 2023-04-27 was -3.68%, which classifies as 'negative'.


ETH-USD over past 60 days: cumulative return +1.3%, annualized vol 44.6%. Market regime: sideways.

Question:
Asset: ETH-USD
Historical prices (past 60 trading days): start=2341.18, end=2372.20, cumulative_return=+1.3%, annualized_volatility=44.6%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 310.967, 'unemployment': 3.9, 'gdp_growth_qoq': 23082.119, 't10y2y_spread': -0.3, 't10y3m_spread': -1.35, 'breakeven_10y': 2.24, 'hy_oas': 3.52, 'ig_oas': 1.0, 'ted_spread': 0.09, 'mortgage_30y': 6.63, 'vix': 13.0600004196167}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of ETH-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ETH-USD starting 2024-02-07 was +39.69%, which classifies as 'positive'.


WEAT over past 60 days: cumulative return -11.8%, annualized vol 35.0%. Market regime: sideways.

Question:
Asset: WEAT
Historical prices (past 60 trading days): start=34.30, end=30.25, cumulative_return=-11.8%, annualized_volatility=35.0%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 307.276, 'unemployment': 3.7, 'gdp_growth_qoq': 22840.989, 't10y2y_spread': -0.71, 't10y3m_spread': -1.25, 'breakeven_10y': 2.3, 'hy_oas': 3.86, 'ig_oas': 1.23, 'ted_spread': 0.09, 'mortgage_30y': 7.18, 'vix': 14.449999809265137}
Market regime: sideways

Predict whether the return of WEAT over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for WEAT starting 2023-09-07 was -2.35%, which classifies as 'negative'.


IVV over past 60 days: cumulative return +5.8%, annualized vol 10.4%. Market regime: bull.

Question:
Asset: IVV
Historical prices (past 60 trading days): start=563.25, end=595.79, cumulative_return=+5.8%, annualized_volatility=10.4%
Macro context: {'fed_funds_rate': 4.58, 'cpi_yoy': 317.604, 'unemployment': 4.1, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.15, 't10y3m_spread': 0.02, 'breakeven_10y': 2.31, 'hy_oas': 2.75, 'ig_oas': 0.79, 'ted_spread': 0.09, 'mortgage_30y': 6.6, 'vix': 15.869999885559082}
Market regime: bull
Recent filing/news:
[SEC 10-Q WMT 2024-12-06] wmt-20241031 0000104169 1/31 2025 Q3 false 451 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:JPY wmt:state wmt:county wmt:defendant wmt:case wmt:classAction wmt:securitiesClassAction wmt:shareholder wmt:derivativeAction wmt:pharmacist wmt:segment 0000104169 2024-02-01 2024-10-31 0000104169 wmt:CommonStockparvalue0.10pershareMember 2024-02-01 2024-10-31 0000104169 wmt:A2.550NotesDue2026Member 2024-02-01 2024-10-31 0000104169 wmt:A1050NotesDue2026Member 2024-02-01 2024-10-31 0000104169 wmt:A1500NotesDue2028Member 2024-02-01 2024-10-31 0000104169 wmt:A4875NotesDue2029Member 2024-02-01 2024-10-31 0000104169 wmt:A5750NotesDue2030Member 2024-02-01 2024-10-31 0000104169 wmt:A1800NotesDue2031Member 2024-02-01 2024-10-31 0000104169 wmt:A5625NotesDue2034Member 2024-02-01 2024-10-31 0000104169 wmt:A5250NotesDue2035Member 2024-02-01 2024-10-31 0000104169 wmt:A4875NotesDue2039Member 2024-02-01 2024-10-31 0000104169 2024-12-04 0000104169 2024-08-01 2024-10-31 0000104169 2023-08-01 2023-10-31 0000104169 2023-02-01 2023-10-31 0000104169 2024-10-31 0000104169 2024-01-31 0000104169 2023-10-31 0000104169 us-gaap:CommonStockMember 2024-01-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-01-31 0000104169 us-gaap:RetainedEarningsMember 2024-01-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-31 0000104169 us-gaap:ParentMember 2024-01-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-01-31 0000104169 us-gaap:RetainedEarningsMember 2024-02-01 2024-04-30 0000104169 us-gaap:ParentMember 2024-02-01 2024-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2024-02-01 2024-04-30 0000104169 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-01 2024-04-30 0000104169 us-gaap:CommonStockMember 2024-02-01 2024-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-02-01 2024-04-30 0000104169 us-gaap:CommonStockMember 2024-04-30 0000104169 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us-gaap:RetainedEarningsMember 2023-05-01 2023-07-31 0000104169 us-gaap:ParentMember 2023-05-01 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-05-01 2023-07-31 0000104169 2023-05-01 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-05-01 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-31 0000104169 us-gaap:ParentMember 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-07-31 0000104169 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-08-01 2023-10-31 0000104169 us-gaap:ParentMember 2023-08-01 2023-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-08-01 2023-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-01 2023-10-31 0000104169 us-gaap:Com [...TRUNCATED...] assumptions not being realized or other factors, the actual results relating to the subject matter of any forward-looking statement in this Quarterly Report on Form 10-Q may differ materially from the anticipated results expressed or implied in that forward-looking statement. The forward-looking statements included in this Quarterly Report on Form 10-Q are made only as of the date of this report, and Walmart undertakes no obligation to update any such statements to reflect subsequent events or circumstances. 35 Table of Contents Item 6. Exhibits The following documents are filed as an exhibit to this Quarterly Report on Form 10-Q: Exhibit 3.1(a) Restated Certificate of Incorporation of the Company dated February 1, 2018 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 1, 2018 Exhibit 3.1(b) Certificate of Amendment to the Restated Certificate of Incorporation of the Company, effective February 23, 2024 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 23, 2024 Exhibit 3.2 Amended and Restated Bylaws of the Company dated November 10, 2022 are incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on November 16, 2022 Exhibit 31.1* Chief Executive Officer Section 302 Certification Exhibit 31.2* Chief Financial Officer Section 302 Certification Exhibit 32.1** Chief Executive Officer Section 906 Certification Exhibit 32.2** Chief Financial Officer Section 906 Certification Exhibit 99.1* Opioids-Related Litigation Case Citations and Currently Scheduled Trial Dates Exhibit 101.INS* Inline XBRL Instance Document Exhibit 101.SCH* Inline XBRL Taxonomy Extension Schema Document Exhibit 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document Exhibit 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document Exhibit 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document Exhibit 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document Exhibit 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended October 31, 2024, formatted in Inline XBRL (included in Exhibit 101) * Filed herewith as an Exhibit. ** Furnished herewith as an Exhibit. 36 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   WALMART INC. Date: December 6, 2024 By: /s/ C. Douglas McMillon C. Douglas McMillon President and Chief Executive Officer (Principal Executive Officer) Date: December 6, 2024 By: /s/ John David Rainey John David Rainey Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: December 6, 2024 By: /s/ David M. Chojnowski David M. Chojnowski Senior Vice President and Controller (Principal Accounting Officer) 37

Predict whether the return of IVV over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for IVV starting 2024-12-18 was +2.21%, which classifies as 'positive'.


XRP-USD over past 60 days: cumulative return +19.8%, annualized vol 62.9%. Market regime: bull.

Question:
Asset: XRP-USD
Historical prices (past 60 trading days): start=0.51, end=0.61, cumulative_return=+19.8%, annualized_volatility=62.9%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 313.023, 'unemployment': 3.9, 'gdp_growth_qoq': 23286.508, 't10y2y_spread': -0.39, 't10y3m_spread': -1.11, 'breakeven_10y': 2.35, 'hy_oas': 3.12, 'ig_oas': 0.93, 'ted_spread': 0.09, 'mortgage_30y': 6.79, 'vix': 13.649999618530272}
Market regime: bull
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of XRP-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for XRP-USD starting 2024-04-02 was -6.88%, which classifies as 'negative'.


ACWI over past 60 days: cumulative return -0.3%, annualized vol 10.7%. Market regime: sideways.

Question:
Asset: ACWI
Historical prices (past 60 trading days): start=116.59, end=116.19, cumulative_return=-0.3%, annualized_volatility=10.7%
Macro context: {'fed_funds_rate': 4.33, 'cpi_yoy': 317.604, 'unemployment': 4.1, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.22, 't10y3m_spread': 0.18, 'breakeven_10y': 2.29, 'hy_oas': 2.86, 'ig_oas': 0.82, 'ted_spread': 0.09, 'mortgage_30y': 6.72, 'vix': 18.36000061035156}
Market regime: sideways
Recent filing/news:
[SEC 10-Q WMT 2024-12-06] wmt-20241031 0000104169 1/31 2025 Q3 false 451 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:JPY wmt:state wmt:county wmt:defendant wmt:case wmt:classAction wmt:securitiesClassAction wmt:shareholder wmt:derivativeAction wmt:pharmacist wmt:segment 0000104169 2024-02-01 2024-10-31 0000104169 wmt:CommonStockparvalue0.10pershareMember 2024-02-01 2024-10-31 0000104169 wmt:A2.550NotesDue2026Member 2024-02-01 2024-10-31 0000104169 wmt:A1050NotesDue2026Member 2024-02-01 2024-10-31 0000104169 wmt:A1500NotesDue2028Member 2024-02-01 2024-10-31 0000104169 wmt:A4875NotesDue2029Member 2024-02-01 2024-10-31 0000104169 wmt:A5750NotesDue2030Member 2024-02-01 2024-10-31 0000104169 wmt:A1800NotesDue2031Member 2024-02-01 2024-10-31 0000104169 wmt:A5625NotesDue2034Member 2024-02-01 2024-10-31 0000104169 wmt:A5250NotesDue2035Member 2024-02-01 2024-10-31 0000104169 wmt:A4875NotesDue2039Member 2024-02-01 2024-10-31 0000104169 2024-12-04 0000104169 2024-08-01 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us-gaap:AdditionalPaidInCapitalMember 2024-04-30 0000104169 us-gaap:RetainedEarningsMember 2024-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-30 0000104169 us-gaap:ParentMember 2024-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2024-04-30 0000104169 2024-04-30 0000104169 us-gaap:RetainedEarningsMember 2024-05-01 2024-07-31 0000104169 us-gaap:ParentMember 2024-05-01 2024-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-05-01 2024-07-31 0000104169 2024-05-01 2024-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-01 2024-07-31 0000104169 us-gaap:CommonStockMember 2024-05-01 2024-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-05-01 2024-07-31 0000104169 us-gaap:CommonStockMember 2024-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-07-31 0000104169 us-gaap:RetainedEarningsMember 2024-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-31 0000104169 us-gaap:ParentMember 2024-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-07-31 0000104169 2024-07-31 0000104169 us-gaap:RetainedEarningsMember 2024-08-01 2024-10-31 0000104169 us-gaap:ParentMember 2024-08-01 2024-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-08-01 2024-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-01 2024-10-31 0000104169 us-gaap:CommonStockMember 2024-08-01 2024-10-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-08-01 2024-10-31 0000104169 us-gaap:CommonStockMember 2024-10-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-10-31 0000104169 us-gaap:RetainedEarningsMember 2024-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-10-31 0000104169 us-gaap:ParentMember 2024-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-10-31 0000104169 us-gaap:CommonStockMember 2023-01-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-01-31 0000104169 us-gaap:RetainedEarningsMember 2023-01-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-31 0000104169 us-gaap:ParentMember 2023-01-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-01-31 0000104169 2023-01-31 0000104169 us-gaap:RetainedEarningsMember 2023-02-01 2023-04-30 0000104169 us-gaap:ParentMember 2023-02-01 2023-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2023-02-01 2023-04-30 0000104169 2023-02-01 2023-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-01 2023-04-30 0000104169 us-gaap:CommonStockMember 2023-02-01 2023-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-02-01 2023-04-30 0000104169 us-gaap:CommonStockMember 2023-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-04-30 0000104169 us-gaap:RetainedEarningsMember 2023-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-30 0000104169 us-gaap:ParentMember 2023-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2023-04-30 0000104169 2023-04-30 0000104169 us-gaap:RetainedEarningsMember 2023-05-01 2023-07-31 0000104169 us-gaap:ParentMember 2023-05-01 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-05-01 2023-07-31 0000104169 2023-05-01 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-05-01 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-31 0000104169 us-gaap:ParentMember 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-07-31 0000104169 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-08-01 2023-10-31 0000104169 us-gaap:ParentMember 2023-08-01 2023-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-08-01 2023-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-01 2023-10-31 0000104169 us-gaap:Com [...TRUNCATED...] assumptions not being realized or other factors, the actual results relating to the subject matter of any forward-looking statement in this Quarterly Report on Form 10-Q may differ materially from the anticipated results expressed or implied in that forward-looking statement. The forward-looking statements included in this Quarterly Report on Form 10-Q are made only as of the date of this report, and Walmart undertakes no obligation to update any such statements to reflect subsequent events or circumstances. 35 Table of Contents Item 6. Exhibits The following documents are filed as an exhibit to this Quarterly Report on Form 10-Q: Exhibit 3.1(a) Restated Certificate of Incorporation of the Company dated February 1, 2018 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 1, 2018 Exhibit 3.1(b) Certificate of Amendment to the Restated Certificate of Incorporation of the Company, effective February 23, 2024 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 23, 2024 Exhibit 3.2 Amended and Restated Bylaws of the Company dated November 10, 2022 are incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on November 16, 2022 Exhibit 31.1* Chief Executive Officer Section 302 Certification Exhibit 31.2* Chief Financial Officer Section 302 Certification Exhibit 32.1** Chief Executive Officer Section 906 Certification Exhibit 32.2** Chief Financial Officer Section 906 Certification Exhibit 99.1* Opioids-Related Litigation Case Citations and Currently Scheduled Trial Dates Exhibit 101.INS* Inline XBRL Instance Document Exhibit 101.SCH* Inline XBRL Taxonomy Extension Schema Document Exhibit 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document Exhibit 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document Exhibit 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document Exhibit 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document Exhibit 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended October 31, 2024, formatted in Inline XBRL (included in Exhibit 101) * Filed herewith as an Exhibit. ** Furnished herewith as an Exhibit. 36 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   WALMART INC. Date: December 6, 2024 By: /s/ C. Douglas McMillon C. Douglas McMillon President and Chief Executive Officer (Principal Executive Officer) Date: December 6, 2024 By: /s/ John David Rainey John David Rainey Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: December 6, 2024 By: /s/ David M. Chojnowski David M. Chojnowski Senior Vice President and Controller (Principal Accounting Officer) 37

Predict whether the return of ACWI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ACWI starting 2024-12-23 was +2.71%, which classifies as 'positive'.


BTC-USD over past 60 days: cumulative return +25.7%, annualized vol 32.0%. Market regime: sideways.

Question:
Asset: BTC-USD
Historical prices (past 60 trading days): start=53948.75, end=67811.51, cumulative_return=+25.7%, annualized_volatility=32.0%
Macro context: {'fed_funds_rate': 4.83, 'cpi_yoy': 316.528, 'unemployment': 4.2, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.14, 't10y3m_spread': -0.34, 'breakeven_10y': 2.28, 'hy_oas': 2.87, 'ig_oas': 0.86, 'ted_spread': 0.09, 'mortgage_30y': 6.72, 'vix': 21.979999542236328}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of BTC-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for BTC-USD starting 2024-11-05 was +32.62%, which classifies as 'positive'.


CSHI over past 60 days: cumulative return +1.0%, annualized vol 1.9%. Market regime: sideways.

Question:
Asset: CSHI
Historical prices (past 60 trading days): start=45.40, end=45.84, cumulative_return=+1.0%, annualized_volatility=1.9%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 314.732, 'unemployment': 4.1, 'gdp_growth_qoq': 23478.57, 't10y2y_spread': 0.04, 't10y3m_spread': -1.38, 'breakeven_10y': 2.05, 'hy_oas': 3.39, 'ig_oas': 0.99, 'ted_spread': 0.09, 'mortgage_30y': 6.2, 'vix': 17.06999969482422}
Market regime: sideways

Predict whether the return of CSHI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for CSHI starting 2024-09-13 was +0.42%, which classifies as 'flat'.


SCHH over past 60 days: cumulative return +18.7%, annualized vol 14.1%. Market regime: sideways.

Question:
Asset: SCHH
Historical prices (past 60 trading days): start=18.74, end=22.25, cumulative_return=+18.7%, annualized_volatility=14.1%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 314.732, 'unemployment': 4.1, 'gdp_growth_qoq': 23478.57, 't10y2y_spread': 0.07, 't10y3m_spread': -1.33, 'breakeven_10y': 2.09, 'hy_oas': 3.32, 'ig_oas': 0.98, 'ted_spread': 0.09, 'mortgage_30y': 6.2, 'vix': 17.139999389648438}
Market regime: sideways

Predict whether the return of SCHH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for SCHH starting 2024-09-17 was -0.09%, which classifies as 'flat'.


ETH-USD over past 60 days: cumulative return +18.9%, annualized vol 50.6%. Market regime: sideways.

Question:
Asset: ETH-USD
Historical prices (past 60 trading days): start=2615.86, end=3111.38, cumulative_return=+18.9%, annualized_volatility=50.6%
Macro context: {'fed_funds_rate': 4.58, 'cpi_yoy': 316.528, 'unemployment': 4.2, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.12, 't10y3m_spread': -0.23, 'breakeven_10y': 2.34, 'hy_oas': 2.69, 'ig_oas': 0.8, 'ted_spread': 0.09, 'mortgage_30y': 6.78, 'vix': 16.350000381469727}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of ETH-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ETH-USD starting 2024-11-20 was +24.76%, which classifies as 'positive'.


TLH over past 60 days: cumulative return -9.2%, annualized vol 14.5%. Market regime: sideways.

Question:
Asset: TLH
Historical prices (past 60 trading days): start=97.42, end=88.50, cumulative_return=-9.2%, annualized_volatility=14.5%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 307.696, 'unemployment': 3.9, 'gdp_growth_qoq': 23033.78, 't10y2y_spread': -0.41, 't10y3m_spread': -0.99, 'breakeven_10y': 2.34, 'hy_oas': 4.3, 'ig_oas': 1.27, 'ted_spread': 0.09, 'mortgage_30y': 7.49, 'vix': 19.31999969482422}
Market regime: sideways

Predict whether the return of TLH over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for TLH starting 2023-10-16 was +2.06%, which classifies as 'positive'.


AVAX-USD over past 60 days: cumulative return +82.9%, annualized vol 76.3%. Market regime: bull.

Question:
Asset: AVAX-USD
Historical prices (past 60 trading days): start=24.65, end=45.09, cumulative_return=+82.9%, annualized_volatility=76.3%
Macro context: {'fed_funds_rate': 4.58, 'cpi_yoy': 317.604, 'unemployment': 4.1, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.05, 't10y3m_spread': -0.4, 'breakeven_10y': 2.26, 'hy_oas': 2.74, 'ig_oas': 0.83, 'ted_spread': 0.09, 'mortgage_30y': 6.81, 'vix': 13.510000228881836}
Market regime: bull
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of AVAX-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for AVAX-USD starting 2024-12-02 was -25.39%, which classifies as 'negative'.


DOT-USD over past 60 days: cumulative return +64.4%, annualized vol 62.9%. Market regime: sideways.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=4.53, end=7.44, cumulative_return=+64.4%, annualized_volatility=62.9%
Macro context: {'fed_funds_rate': 4.58, 'cpi_yoy': 301.45, 'unemployment': 3.6, 'gdp_growth_qoq': 22439.607, 't10y2y_spread': -0.78, 't10y3m_spread': -1.02, 'breakeven_10y': 2.36, 'hy_oas': 4.38, 'ig_oas': 1.26, 'ted_spread': 0.09, 'mortgage_30y': 6.32, 'vix': 20.020000457763672}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-02-19]

Predict whether the return of DOT-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for DOT-USD starting 2023-02-20 was -18.92%, which classifies as 'negative'.


^VIX over past 60 days: cumulative return -7.3%, annualized vol 70.2%. Market regime: bull.

Question:
Asset: ^VIX
Historical prices (past 60 trading days): start=14.04, end=13.01, cumulative_return=-7.3%, annualized_volatility=70.2%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 312.345, 'unemployment': 3.9, 'gdp_growth_qoq': 23082.119, 't10y2y_spread': -0.39, 't10y3m_spread': -1.26, 'breakeven_10y': 2.32, 'hy_oas': 3.12, 'ig_oas': 0.93, 'ted_spread': 0.09, 'mortgage_30y': 6.79, 'vix': 13.010000228881836}
Market regime: bull
Recent filing/news:
[SEC 10-K WMT 2024-03-15] wmt-20240131 0000104169 2024 FY false http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent P1Y P5Y 0000104169 2023-02-01 2024-01-31 0000104169 wmt:CommonStockparvalue0.10pershareMember 2023-02-01 2024-01-31 0000104169 wmt:A2.550NotesDue2026Member 2023-02-01 2024-01-31 0000104169 wmt:A1050NotesDue2026Member 2023-02-01 2024-01-31 0000104169 wmt:A1500NotesDue2028Member 2023-02-01 2024-01-31 0000104169 wmt:A4875NotesDue2029Member 2023-02-01 2024-01-31 0000104169 wmt:A5750NotesDue2030Member 2023-02-01 2024-01-31 0000104169 wmt:A1800NotesDue2031Member 2023-02-01 2024-01-31 0000104169 wmt:A5625NotesDue2034Member 2023-02-01 2024-01-31 0000104169 wmt:A5250NotesDue2035Member 2023-02-01 2024-01-31 0000104169 wmt:A4875NotesDue2039Member 2023-02-01 2024-01-31 0000104169 2023-07-31 iso4217:USD 0000104169 2024-03-13 xbrli:shares 0000104169 2022-02-01 2023-01-31 0000104169 2021-02-01 2022-01-31 iso4217:USD xbrli:shares 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0000104169 us-gaap:FairValueInputsLevel12And3Member 2021-02-01 2022-01-31 00001 [...TRUNCATED...] sentation Linkbase Document 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) * Filed herewith as an Exhibit. ** Furnished herewith as an Exhibit. (C) This Exhibit is a management contract or compensatory plan or arrangement (P) This Exhibit was originally filed in paper format. Accordingly, a hyperlink has not been provided. (1) Certain instruments defining the rights of holders of long-term debt securities of the Registrant are omitted pursuant to Item 601(b)(4)(iii) of Regulation S-K. The Company hereby undertakes to furnish to the SEC, upon request, copies of any such instruments. (c)    Financial Statement Schedules: None. ITEM 16. FORM 10-K SUMMARY None. 85 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.   Walmart Inc. Date: March 15, 2024   By   /s/ C. Douglas McMillon     C. Douglas McMillon     President and Chief Executive Officer Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated: Date: March 15, 2024   By   /s/ C. Douglas McMillon     C. Douglas McMillon     President and Chief Executive Officer and Director     (Principal Executive Officer) Date: March 15, 2024   By   /s/ Gregory B. Penner     Gregory B. Penner     Chairman of the Board and Director Date: March 15, 2024   By   /s/ John David Rainey     John David Rainey     Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: March 15, 2024   By   /s/ David M. Chojnowski     David M. Chojnowski     Senior Vice President and Controller (Principal Accounting Officer) Signature Page to Walmart Inc. Form 10-K for the Fiscal Year Ended January 31, 2024 86 Date: March 15, 2024   By   /s/ Cesar Conde     Cesar Conde     Director Date: March 15, 2024 By /s/ Timothy P. Flynn Timothy P. Flynn Director Date: March 15, 2024 By /s/ Sarah Friar Sarah Friar Director Date: March 15, 2024 By /s/ Carla A. Harris Carla A. Harris Director Date: March 15, 2024 By /s/ Thomas W. Horton Thomas W. Horton Director Date: March 15, 2024 By /s/ Marissa A. Mayer Marissa A. Mayer Director Date: March 15, 2024 By /s/ Randall L. Stephenson Randall L. Stephenson Director Date: March 15, 2024   By   /s/ S. Robson Walton     S. Robson Walton     Director Date: March 15, 2024   By   /s/ Steuart L. Walton     Steuart L. Walton     Director Signature Page to Walmart Inc. Form 10-K for the Fiscal Year Ended January 31, 2024 87

Predict whether the return of ^VIX over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ^VIX starting 2024-03-29 was +7.47%, which classifies as 'positive'.


LINK-USD over past 60 days: cumulative return +0.6%, annualized vol 58.1%. Market regime: sideways.

Question:
Asset: LINK-USD
Historical prices (past 60 trading days): start=14.32, end=14.40, cumulative_return=+0.6%, annualized_volatility=58.1%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 313.569, 'unemployment': 4.2, 'gdp_growth_qoq': 23478.57, 't10y2y_spread': -0.31, 't10y3m_spread': -1.04, 'breakeven_10y': 2.3, 'hy_oas': 3.23, 'ig_oas': 0.93, 'ted_spread': 0.09, 'mortgage_30y': 6.86, 'vix': 12.029999732971191}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of LINK-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for LINK-USD starting 2024-07-03 was -1.65%, which classifies as 'negative'.


MATIC-USD over past 60 days: cumulative return -25.6%, annualized vol 67.2%. Market regime: bull.

Question:
Asset: MATIC-USD
Historical prices (past 60 trading days): start=0.98, end=0.73, cumulative_return=-25.6%, annualized_volatility=67.2%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 313.175, 'unemployment': 3.9, 'gdp_growth_qoq': 23286.508, 't10y2y_spread': -0.41, 't10y3m_spread': -1.04, 'breakeven_10y': 2.32, 'hy_oas': 3.07, 'ig_oas': 0.89, 'ted_spread': 0.09, 'mortgage_30y': 7.02, 'vix': 11.859999656677246}
Market regime: bull
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of MATIC-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for MATIC-USD starting 2024-05-22 was -10.90%, which classifies as 'negative'.


MATIC-USD over past 60 days: cumulative return -40.1%, annualized vol 75.3%. Market regime: sideways.

Question:
Asset: MATIC-USD
Historical prices (past 60 trading days): start=1.16, end=0.69, cumulative_return=-40.1%, annualized_volatility=75.3%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 313.175, 'unemployment': 3.9, 'gdp_growth_qoq': 23286.508, 't10y2y_spread': -0.35, 't10y3m_spread': -0.98, 'breakeven_10y': 2.32, 'hy_oas': 3.06, 'ig_oas': 0.88, 'ted_spread': 0.09, 'mortgage_30y': 7.22, 'vix': 13.229999542236328}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of MATIC-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for MATIC-USD starting 2024-05-08 was +4.76%, which classifies as 'positive'.


XLK over past 60 days: cumulative return +18.9%, annualized vol 18.6%. Market regime: sideways.

Question:
Asset: XLK
Historical prices (past 60 trading days): start=70.29, end=83.58, cumulative_return=+18.9%, annualized_volatility=18.6%
Macro context: {'fed_funds_rate': 5.08, 'cpi_yoy': 304.014, 'unemployment': 3.6, 'gdp_growth_qoq': 22580.499, 't10y2y_spread': -0.83, 't10y3m_spread': -1.52, 'breakeven_10y': 2.2, 'hy_oas': 4.18, 'ig_oas': 1.39, 'ted_spread': 0.09, 'mortgage_30y': 6.71, 'vix': 14.609999656677246}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-06-13] ["US STOCKS-S&P 500, Nasdaq hit fresh 1-yr highs as inflation data boosts rate pause hopes By Shristi Achar A and Sruthi Shankar June 13 (Reuters) - The S&P 500 and Nasdaq rose to fresh one-year highs on Tuesday after data showed consumer prices rose modestly in May, boosting hopes that the Federal Reserve could skip raising interest rates at the end of its policy meeting on Wednesday. The U.S. Labor Department report showed consumer price index(CPI) rose 0.1% last month compared with a 0.4% jump in April, with core inflation remaining unchanged at 0.4%. On a year-on-year basis, headline inflation increased by a lower-than-estimated 4.0%, reflecting declines in the cost of energy products and services, including gasoline and electricity. \"The data basically came within consensus estimates, except that core inflation remained stubbornly high,\" said Quincy Krosby, chief global strategist at LPL Financial. \"For tomorrow, the market is not expecting a rate hike and hoping that when we come to July 26, core inflation will come down in a more material way.\" Traders have priced in a 92% chance that the U.S. central bank will hold interest rates at the 5%-5.25% range on Wednesday but see a 60% chance of another 25-basis-point hike in July, according to the CME Fedwatch tool. The S&P 500 and Nasdaq have hit fresh highs for the year in the past few sessions, lifted by market heavyweights such as Amazon.com AMZN.O, Apple AAPL.O and Tesla TSLA.O. The benchmark S&P 500 has risen 21% from its October 2022 lows, heralding a bull market according to some investors. The rally, which has largely been driven by gains in megacap stocks, has broadened recently to include economy-linked sectors such as energy .SPNY and materials .SPLRCM as well as small-cap stocks. The two sectors were up 1.5% and 2.2%, respectively, as commodity prices including those of oil and copper climbed against a falling dollar, also underpinned by hopes of more support for China's slowing economy. O/RMET/L The small-cap Russell 2000 index .RUT jumped 1.4% to hit a fresh three-month high. \"Having the Russell 2000 compliment the move in the Nasdaq is helpful to push back concerns that this is still a very narrow led market,\" Krosby said. U.S.-listed shares of Chinese companies including JD.com JD.O, Alibaba Group BABA.N, Baidu BIDU.O and Netease NTES.O rose, tracking gains in Shanghai markets, after China's central bank lowered its short-term lending rate for the first time in 10 months. At 12:49 p.m. ET, the Dow Jones Industrial Average .DJI was up 171.66 points, or 0.50%, at 34,237.99, the S&P 500 .SPX was up 30.07 points, or 0.69%, at 4,369.00, and the Nasdaq Composite .IXIC was up 97.95 points, or 0.73%, at 13,559.87. OracleORCL.N rose 1%, having hit a record high earlier on upbeat quarterly revenue and forecast, while IntelINTC.O gained 1.8% on talks with SoftBank Group Corp's 9984.T Arm to be an anchor investor in its initial public offering. Bunge Ltd BG.N added 1.8% after the U.S.

Predict whether the return of XLK over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for XLK starting 2023-06-14 was +2.29%, which classifies as 'positive'.


ADA-USD over past 60 days: cumulative return -8.5%, annualized vol 59.1%. Market regime: sideways.

Question:
Asset: ADA-USD
Historical prices (past 60 trading days): start=0.28, end=0.26, cumulative_return=-8.5%, annualized_volatility=59.1%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 307.276, 'unemployment': 3.7, 'gdp_growth_qoq': 22840.989, 't10y2y_spread': -0.69, 't10y3m_spread': -1.35, 'breakeven_10y': 2.26, 'hy_oas': 3.81, 'ig_oas': 1.22, 'ted_spread': 0.09, 'mortgage_30y': 7.18, 'vix': 13.09000015258789}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-09-03]

Predict whether the return of ADA-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for ADA-USD starting 2023-09-04 was -4.01%, which classifies as 'negative'.


QUAL over past 60 days: cumulative return +5.8%, annualized vol 12.8%. Market regime: sideways.

Question:
Asset: QUAL
Historical prices (past 60 trading days): start=164.24, end=173.78, cumulative_return=+5.8%, annualized_volatility=12.8%
Macro context: {'fed_funds_rate': 4.83, 'cpi_yoy': 315.631, 'unemployment': 4.1, 'gdp_growth_qoq': 23586.542, 't10y2y_spread': 0.12, 't10y3m_spread': -0.36, 'breakeven_10y': 2.33, 'hy_oas': 2.88, 'ig_oas': 0.86, 'ted_spread': 0.09, 'mortgage_30y': 6.72, 'vix': 23.15999984741211}
Market regime: sideways
Recent filing/news:
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meta:A2022RestructuringMember 2023-07-01 2023-09-30 0001326801 meta:LeasesAndL [...TRUNCATED...] 's outstanding equity awards and any future equity award grants. The plan will terminate on February 13, 2026 , subject to early termination for certain specified events set forth in the plan. 91 Table of Contents Item 6. Exhibits Exhibit Number Incorporated by Reference Filed Herewith Exhibit Description Form File No. Exhibit Filing Date 3.1 Amended and Restated Bylaws. 8-K 001-35551 3.1 September 10, 2024 4.1 Third Supplemental Indenture, dated as of August 9, 2024, by and between Meta Platforms, Inc. and U.S. Bank Trust Company, National Association, as trustee . 8-K 001-35551 4.1 August 9, 2024 10.1* F orm of Director Aircraft Time Sharing Agreement. X 31.1 Certification of Mark Zuckerberg, Chief Executive Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 . X 31.2 Certification of Susan Li, Chief Financial Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. X 32.1# Certification of Mark Zuckerberg, Chief Executive Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 . X 32.2# Certification of Susan Li, Chief Financial Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. X 101.INS Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document). X 101.SCH Inline XBRL Taxonomy Extension Schema Document. X 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document. X 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document. X 101.LAB Inline XBRL Taxonomy Extension Labels Linkbase Document. X 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document. X 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101). X * Certain portions of this exhibit have been omitted pursuant to Item 601(b)(10) of Regulation S-K. # This certification is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (Exchange Act), or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act. 92 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Quarterly Report on Form 10-Q to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Menlo Park, State of California, on this 30th day of October 2024.     META PLATFORMS, INC. Date: October 30, 2024 /s/ SUSAN LI Susan Li Chief Financial Officer (Principal Financial Officer) Date: October 30, 2024 /s/ AARON ANDERSON Aaron Anderson Chief Accounting Officer (Principal Accounting Officer) 93

Predict whether the return of QUAL over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for QUAL starting 2024-11-01 was +5.02%, which classifies as 'positive'.


DOT-USD over past 60 days: cumulative return -20.1%, annualized vol 59.7%. Market regime: bull.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=5.61, end=4.48, cumulative_return=-20.1%, annualized_volatility=59.7%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 314.062, 'unemployment': 4.2, 'gdp_growth_qoq': 23478.57, 't10y2y_spread': -0.2, 't10y3m_spread': -1.45, 'breakeven_10y': 2.07, 'hy_oas': 3.21, 'ig_oas': 0.97, 'ted_spread': 0.09, 'mortgage_30y': 6.49, 'vix': 14.649999618530272}
Market regime: bull
Recent filing/news:
[Kaggle 2023-12-19]

Predict whether the return of DOT-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for DOT-USD starting 2024-08-20 was -6.12%, which classifies as 'negative'.


DOT-USD over past 60 days: cumulative return -8.0%, annualized vol 37.0%. Market regime: sideways.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=4.61, end=4.24, cumulative_return=-8.0%, annualized_volatility=37.0%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 307.696, 'unemployment': 3.9, 'gdp_growth_qoq': 23033.78, 't10y2y_spread': -0.16, 't10y3m_spread': -0.73, 'breakeven_10y': 2.42, 'hy_oas': 4.5, 'ig_oas': 1.3, 'ted_spread': 0.09, 'mortgage_30y': 7.49, 'vix': 20.68000030517578}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-10-26]

Predict whether the return of DOT-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for DOT-USD starting 2023-10-27 was +26.64%, which classifies as 'positive'.


QQQ over past 60 days: cumulative return +3.2%, annualized vol 17.0%. Market regime: sideways.

Question:
Asset: QQQ
Historical prices (past 60 trading days): start=371.52, end=383.47, cumulative_return=+3.2%, annualized_volatility=17.0%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 308.148, 'unemployment': 3.7, 'gdp_growth_qoq': 23033.78, 't10y2y_spread': -0.45, 't10y3m_spread': -1.1, 'breakeven_10y': 2.21, 'hy_oas': 3.89, 'ig_oas': 1.14, 'ted_spread': 0.09, 'mortgage_30y': 7.29, 'vix': 12.6899995803833}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-11-27] ["Australia to amend law to regulate digital payments like Apple, Google Pay SYDNEY, Nov 27 (Reuters) - Australia's government said on Monday it would bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments as part of legislation set to be introduced to parliament this week. Digital wallets from the likes of Apple AAPL.O, Google GOOGL.O and WeChat developer Tencent 0700.HK have exploded in popularity but are not captured by Australian payments law. The legislation, first flagged last month, will broaden the legislation that empowers the Reserve Bank of Australia to regulate payments so that it applies to new and emerging technology. \"We are modernising Australia's payments system to ensure it meets the needs of our economy now and into the future,\" Treasurer Jim Chalmers said in a statement. \"We want to make sure the increasing use of digital payments occurs in a way that helps promote greater competition, innovation and productivity across our entire economy.\" Legislation is set to be introduced on Wednesday or Thursday, according to Chalmers' office. Regulators are responding to the rapid growth of digital wallets, especially among the young. Transactions from a digital wallet hit 35% of all card transactions in the June quarter, up from 10% in early 2020. Two-thirds of Australians aged between 18 and 29 use mobile payments. Before the pandemic it was less than 20%. The amendments will also give a relevant minister power to subject a system or platform to special oversight in the event it presents a risk of \"national significance.\" (Reporting by Lewis Jackson; Editing by Jamie Freed) ((lewis.jackson@thomsonreuters.com; +61477406822; Reuters Messaging: @lewjackk)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "3 Stocks to Add to Your Portfolio in a Market Pullback \"Be prepared, work hard, and hope for a little luck. Recognize that the harder you work and the better prepared you are, the more luck you might have.\" -- Ed Bradley Those words of wisdom apply to many aspects of life, such as sports and your career. They apply very much to investing as well. If you work hard -- perhaps by reading widely -- you can become a savvy investor, able to spot red flags and green flags in financial statements and identify high-quality, growing companies. Ideally, though, you don't want to invest in those companies at just any price. Instead, aim to buy when they're undervalued -- say, after a market pullback -- thus giving you a margin of safety. Below are three such contenders to consider. If you like any of them, add them to a watch list and wait for a better price. 1. Apple Apple (NASDAQ: AAPL) is one of the biggest companies in the world with a recent market value near $3 trillion and a lofty mission: \"Apple's more than 100,000 employees are dedicated to making the best products on E

Predict whether the return of QQQ over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for QQQ starting 2023-11-28 was +5.68%, which classifies as 'positive'.


IWM over past 60 days: cumulative return +8.0%, annualized vol 21.1%. Market regime: sideways.

Question:
Asset: IWM
Historical prices (past 60 trading days): start=174.02, end=187.93, cumulative_return=+8.0%, annualized_volatility=21.1%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 308.741, 'unemployment': 3.8, 'gdp_growth_qoq': 23033.78, 't10y2y_spread': -0.42, 't10y3m_spread': -1.4, 'breakeven_10y': 2.16, 'hy_oas': 3.79, 'ig_oas': 1.08, 'ted_spread': 0.09, 'mortgage_30y': 7.03, 'vix': 12.1899995803833}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-13] ["Zacks Investment Ideas feature highlights: Tesla, Apple and Rivian For Immediate Release Chicago, IL \u2013 December 15, 2023 \u2013 Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Why Tesla's Cheap (2024 Outlook) An Up and Down Year for Tesla Tesla is the undisputed market leader in battery-powered electric car sales in the United States, enjoying roughly a 70% market share. Over the years, Tesla has shifted from developing niche products for affluent buyers to more affordable EVs for the masses. The firm's three-pronged business model approach of direct sales, servicing, and charging sets it apart from other carmakers. Year-to-date, shares are higher by 128%. However, investor concerns are mounting, including: \u00b7 Valuation: The EV king's market capitalization is more than the combined value of all legacy automakers. \u00b7 Underperformance: Though Tesla has more than doubled this year, it has underperformed the market and \"Magnificent 7\" recently. \u00b7 Recall: This week, news broke that Tesla must recall more than 2 million vehicles. Below, I will debunk the most common investor concerns and lay out my bull case for the stock: Don't Judge a Book By its Cover: Tesla Valuation is Cheap The price-to-book ratio (P/B ratio) is a financial metric that compares a company's market value (its stock price) to its book value (the net value of its assets minus liabilities). P/B is calculated by dividing the market price per share by the book value per share. A low P/B ratio may suggest that a stock is undervalued, while a high ratio may indicate overvaluation. Investors use this ratio to assess a company's relative worth in the market compared to its accounting value. Tesla currently has a book value of 14.03. Compare that to another mainstream stock like Apple, whose book value is 49.54, and Tesla suddenly looks cheap. Furthermore, it is essential to remember that Wall Street is a discounting device. Over the past twelve years, Tesla has achieved a stunning compound annual growth rate (CAGR) of 72%, earning its premium above slower-growing legacy automakers. Rallying on Negative Recall News Earlier this week, Tesla was forced to recall over two million vehicles over autopilot safety concerns. As I always like to remind investors, the reaction to negative news supersedes the news itself. In the case of TSLA, the stock shook off the bad news and is green for the week. Technical \"Shakeout\" and Price Rotation Higher Savvy investors understand that price movement is the ultimate arbiter of decisions, because after all, price is the only thing that pays. TSLA shares sliced below the 50-day moving average on the recall news and then ripped higher. Such price action indicates a shakeout, where weak hands get stopped out of their positions, clearing the way for the next move higher. Now, TSLA is triggering a bullish swing trade signal by clearing last week's highs. Cybertruck Hype Real Many Tesla bears suggest t

Predict whether the return of IWM over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for IWM starting 2023-12-14 was -2.40%, which classifies as 'negative'.


MTUM over past 60 days: cumulative return +1.7%, annualized vol 14.3%. Market regime: sideways.

Question:
Asset: MTUM
Historical prices (past 60 trading days): start=136.52, end=138.82, cumulative_return=+1.7%, annualized_volatility=14.3%
Macro context: {'fed_funds_rate': 4.83, 'cpi_yoy': 303.334, 'unemployment': 3.6, 'gdp_growth_qoq': 22580.499, 't10y2y_spread': -0.55, 't10y3m_spread': -1.68, 'breakeven_10y': 2.23, 'hy_oas': 4.45, 'ig_oas': 1.4, 'ted_spread': 0.09, 'mortgage_30y': 6.43, 'vix': 16.079999923706055}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-05-01] ["B of A Securities Maintains Apple (AAPL) Neutral Recommendation Fintel reports that on May 1, 2023, B of A Securities maintained coverage of Apple (NASDAQ:AAPL) with a Neutral recommendation. Analyst Price Forecast Suggests 2.49% Upside As of April 24, 2023, the average one-year price target for Apple is 173.91. The forecasts range from a low of 117.16 to a high of $215.25. The average price target represents an increase of 2.49% from its latest reported closing price of 169.68. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Apple is 413,641MM, an increase of 6.74%. The projected annual non-GAAP EPS is 6.36. For more in-depth coverage of Apple, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 6412 funds or institutions reporting positions in Apple. This is an increase of 218 owner(s) or 3.52% in the last quarter. Average portfolio weight of all funds dedicated to AAPL is 2.90%, a decrease of 12.63%. Total shares owned by institutions increased in the last three months by 0.01% to 10,120,461K shares. The put/call ratio of AAPL is 1.01, indicating a bearish outlook. What are Other Shareholders Doing? Berkshire Hathaway holds 895,136K shares representing 5.66% ownership of the company. In it's prior filing, the firm reported owning 894,802K shares, representing an increase of 0.04%. The firm decreased its portfolio allocation in AAPL by 6.86% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 459,387K shares representing 2.90% ownership of the company. In it's prior filing, the firm reported owning 455,109K shares, representing an increase of 0.93%. The firm decreased its portfolio allocation in AAPL by 12.36% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 345,686K shares representing 2.18% ownership of the company. In it's prior filing, the firm reported owning 342,454K shares, representing an increase of 0.94%. The firm decreased its portfolio allocation in AAPL by 12.57% over the last quarter. Geode Capital Management holds 282,750K shares representing 1.79% ownership of the company. In it's prior filing, the firm reported owning 279,759K shares, representing an increase of 1.06%. The firm decreased its portfolio allocation in AAPL by 12.15% over the last quarter. Price T Rowe Associates holds 226,281K shares representing 1.43% ownership of the company. In it's prior filing, the firm reported owning 224,864K shares, representing an increase of 0.63%. The firm decreased its portfolio allocation in AAPL by 7.53% over the last quarter. Apple Background Information (This description is provided by the company.) Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. informat

Predict whether the return of MTUM over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for MTUM starting 2023-05-02 was -2.42%, which classifies as 'negative'.


VEA over past 60 days: cumulative return +3.0%, annualized vol 12.7%. Market regime: sideways.

Question:
Asset: VEA
Historical prices (past 60 trading days): start=41.12, end=42.35, cumulative_return=+3.0%, annualized_volatility=12.7%
Macro context: {'fed_funds_rate': 5.08, 'cpi_yoy': 304.609, 'unemployment': 3.5, 'gdp_growth_qoq': 22840.989, 't10y2y_spread': -0.91, 't10y3m_spread': -1.58, 'breakeven_10y': 2.25, 'hy_oas': 3.99, 'ig_oas': 1.29, 'ted_spread': 0.09, 'mortgage_30y': 6.71, 'vix': 13.56999969482422}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-07-03] ["Unity Software Stock Skyrockets 46% in June as AI Buzz Takes Over What happened Shares of Unity Software (NYSE: U) skyrocketed 46.1% in June, according to data provided by S&P Global Market Intelligence. The month started off with fireworks from Apple that are relevant to Unity shareholders. And it ended with a bang related to artificial intelligence (AI), Wall Street's favorite subject at the moment. So what To give this story some context, I want to point out that the market had lost a lot of confidence in Unity Software stock. When they first went public, shares regularly traded above a price-to-sales (P/S) ratio of 30. By comparison, they traded below a P/S of 7 at the start of June. That's still high in absolute terms. But in relative terms, this valuation was more than 80% below where it had routinely traded. Unity's own revenue growth was ample reason for the market's pessimism. And even though its growth has since rebounded, as the chart below shows, this is largely due to an acquisition. Its organic growth is still challenged. U Revenue (quarterly YoY growth) data by YCharts; YoY = year over year. But on June 5, Apple announced its upcoming Vision Pro headset, and this has reinvigorated investors' excitement for Unity's potential. Apple is looking for apps to be built for the headset between now and its launch in 2024. And for this, the company has partnered with Unity. Developers use Unity for building top-notch video games. And Apple has created a software development kit that will allow Unity users to modify their creations for the Vision Pro. Then on June 27, Unity announced a marketplace for AI applications. The marketplace has 10 apps available at launch that can be used in the video game space. And when the company announced this new focus on AI, the market celebrated by pushing the stock higher. So the stock started June with low expectations, but Apple and AI have investors rethinking the long-term potential. Now what When it comes to the AI space, I'm inclined to disregard most news as overhyped clickbait. But with Unity Software stock, I do believe that AI -- specifically generative AI -- could play an important role for the business. Many investors like Unity's potential in virtual reality and the metaverse. Its software creates realistic 3D images, and realism is needed to make these experiences something that consumers actually want. When building digital worlds, the problem is how big these need to be -- it's labor intensive for developers. And the workload is probably too much to physically handle at scale, which is where generative AI can help. Much of what Unity is doing involves generative AI, which I believe is just what the space needs. So as virtual reality and the metaverse grow -- perhaps thanks to Apple's Vision Pro headset -- the use cases for Unity Software could open up as well. That's good reason for optimism for a stock that's still down almost 80% from its all-time high. 10 stocks we like better than Unit

Predict whether the return of VEA over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: flat

Explanation: The actual 21-day forward return for VEA starting 2023-07-04 was +0.63%, which classifies as 'flat'.


DOT-USD over past 60 days: cumulative return +18.2%, annualized vol 59.7%. Market regime: sideways.

Question:
Asset: DOT-USD
Historical prices (past 60 trading days): start=5.23, end=6.18, cumulative_return=+18.2%, annualized_volatility=59.7%
Macro context: {'fed_funds_rate': 4.58, 'cpi_yoy': 301.45, 'unemployment': 3.6, 'gdp_growth_qoq': 22439.607, 't10y2y_spread': -0.76, 't10y3m_spread': -1.05, 'breakeven_10y': 2.33, 'hy_oas': 4.24, 'ig_oas': 1.23, 'ted_spread': 0.09, 'mortgage_30y': 6.12, 'vix': 20.530000686645508}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-02-12]

Predict whether the return of DOT-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for DOT-USD starting 2023-02-13 was -3.25%, which classifies as 'negative'.


BTC-USD over past 60 days: cumulative return -2.3%, annualized vol 30.7%. Market regime: sideways.

Question:
Asset: BTC-USD
Historical prices (past 60 trading days): start=27493.29, end=26851.28, cumulative_return=-2.3%, annualized_volatility=30.7%
Macro context: {'fed_funds_rate': 5.08, 'cpi_yoy': 303.334, 'unemployment': 3.6, 'gdp_growth_qoq': 22580.499, 't10y2y_spread': -0.57, 't10y3m_spread': -1.68, 'breakeven_10y': 2.24, 'hy_oas': 4.54, 'ig_oas': 1.44, 'ted_spread': 0.09, 'mortgage_30y': 6.39, 'vix': 17.209999084472656}
Market regime: sideways
Recent filing/news:
[Kaggle 2023-05-22]

Predict whether the return of BTC-USD over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: negative

Explanation: The actual 21-day forward return for BTC-USD starting 2023-05-23 was -4.80%, which classifies as 'negative'.


ACWI over past 60 days: cumulative return +3.0%, annualized vol 10.5%. Market regime: sideways.

Question:
Asset: ACWI
Historical prices (past 60 trading days): start=104.50, end=107.63, cumulative_return=+3.0%, annualized_volatility=10.5%
Macro context: {'fed_funds_rate': 5.33, 'cpi_yoy': 313.044, 'unemployment': 4.1, 'gdp_growth_qoq': 23286.508, 't10y2y_spread': -0.41, 't10y3m_spread': -1.11, 'breakeven_10y': 2.33, 'hy_oas': 3.17, 'ig_oas': 0.88, 'ted_spread': 0.09, 'mortgage_30y': 7.03, 'vix': 13.109999656677246}
Market regime: sideways
Recent filing/news:
[SEC 10-Q BLK 2024-05-07] 10-Q --12-31 Q1 0001364742 false http://fasb.org/us-gaap/2023#OtherAssets http://fasb.org/us-gaap/2023#OtherAssets http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense 2024-06 2024-03 2024-06 2024-03 http://fasb.org/us-gaap/2023#GainLossOnInvestments http://fasb.org/us-gaap/2023#GainLossOnInvestments http://fasb.org/us-gaap/2023#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#GeneralAndAdministrativeExpense 2028-03-31 9 1 1 1 1 9 1 1 1 1 9 1 1 1 1 9 1 1 1 1 1 P2Y 0 years 0 years 2027-05-30 2028-05-30 2029-05-30 2027-05-30 2028-05-30 2029-05-30 0001364742 us-gaap:FairValueInputsLevel1Member us-gaap:PrivateEquityFundsMember us-gaap:FairValueMeasurementsRecurringMember 2024-03-31 0001364742 us-gaap:EquitySecuritiesMember blk:InvestmentInNAVMember 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blk:InvestmentsRelatedToDeferredCashCompensationPlansMember 2023-12-31 0001364742 us-gaap:CollateralizedLo [...TRUNCATED...] hat the Board of Directors authorized the repurchase of an additional seven million shares under the Company’s existing share repurchase program, for a total of up to approximately 7.9 million shares of BlackRock common stock. 64   Item 6. Exh ibits Exhibit No.   Description       4.1(1)   Indenture, dated March 14, 2024, among BlackRock Funding, Inc., BlackRock, Inc. and The Bank of New York Mellon, as trustee.       4.2(1)   First Supplemental Indenture, dated March 14, 2024, among BlackRock Funding, Inc., BlackRock, Inc. and The Bank of New York Mellon, as trustee.       4.3(1)   Form of Note for the 4.700% Notes due 2029 (included in Exhibit 4.2).       4.4(1)   Form of Note for the 5.000% Notes due 2034 (included in Exhibit 4.2).       4.5(1)   Form of Note for the 5.250% Notes due 2054 (included in Exhibit 4.2).       10.1(2)   Amendment No. 14, dated as of March 12, 2024, by and among BlackRock, Inc., certain of its subsidiaries, Wells Fargo Bank, National Association, as administrative agent, a swingline lender, an issuing lender, L/C agent and a lender, and the banks and other financial institutions referred to therein.       22.1(3)   Subsidiary Issuer of Guaranteed Securities.       31.1   Section 302 Certification of Chief Executive Officer       31.2   Section 302 Certification of Chief Financial Officer       32.1   Section 906 Certification of Chief Executive Officer and Chief Financial Officer       101.INS   Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document       101.SCH   Inline XBRL Taxonomy Extension Schema with Embedded Linkbases Document       104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)         (1) Incorporated by reference to BlackRock’s Current Report on Form 8-K filed on March 14, 2024. (2) Incorporated by reference to BlackRock's Current Report on Form 8-K filed on March 15, 2024. (3) Incorporated by reference to BlackRock's Registration Statement on Form S-3 (Registration No. 333-278583) filed on April 9, 2024. 65   SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.       BLACKROCK, INC.     (Registrant)             By: /s/ Martin S. Small Date: May 7, 2024        Martin S. Small          Senior Managing Director & Chief Financial Officer    (Principal Financial Officer)   66

Predict whether the return of ACWI over the next 21 trading days will be: positive (>+1%), negative (<-1%), or flat (within ±1%).

Answer: positive

Explanation: The actual 21-day forward return for ACWI starting 2024-06-04 was +4.02%, which classifies as 'positive'.