Today's Morning Movers and Top Ratings | WMT, NKE, CSCO, BABA and More

$Nike (NKE.US)$ stock advanced 3.9% after Pershing Square, led by Bill Ackman, announced a new position in the athletic footwear retailer with a stake comprising about 3 million shares, valued at approximately $229 million by the end of the second quarter.

$Walmart (WMT.US)$ stock increased by 6.7% following a report of strong growth in the second quarter, bolstered by a surge in eCommerce activity and improved profit margins.

$Cisco (CSCO.US)$ stock climbed 6.9% after announcing better-than-expected earnings for the fourth quarter and a restructuring plan that includes significant job cuts.

$Ulta Beauty (ULTA.US)$ stock jumped 10.9% when Berkshire Hathaway disclosed a new investment in the beauty company, indicating an interest in the cosmetics industry.

$Deere (DE.US)$ stock appreciated 2.5% as the company upheld its yearly profit forecast, suggesting a robust market for its agricultural machinery.

$JD.com (JD.US)$ stock increased by 4.0% after the Chinese online retailer reported quarterly earnings that surpassed estimates, thanks to a successful mid-year sales event and aggressive discounts attracting more price-conscious shoppers.

$Alibaba (BABA.US)$ stock declined 3.9% due to the Chinese online retail giant's first-quarter revenue falling short of expectations, with its e-commerce sales suffering from reduced consumer spending in a slowing Chinese economy.

$MARA Holdings (MARA.US)$ stock slightly dropped by 0.2% after the cryptocurrency mining firm disclosed an investment of $249 million in Bitcoin.