Walmart just turned up the heat and it’s not shy about it: the retailer blasted past expectations, dropped a beat-and-raise, and then dropped a big move—shifting its stock listing to Nasdaq. The drama on the chart mattered, too, with the stock rallying enough to push above a key moving average on the weekly frame.

In Q3, Walmart delivered a clean beat: adjusted earnings of 62 cents a share, about 7% higher than a year ago and above the 60-cent street view. Revenue climbed 5.8% to $179.5 billion, narrowly beating forecasts around $177.4 billion, and the guidance followed suit, signaling more confidence from the helm. Behind the headline numbers, the core business looked solid. U.S. comps rose 4.5%, outpacing the roughly 4% growth many expected. U.S. sales came in at $120.7 billion, topping the $119.49 billion estimate. Sam’s Club did $23.6 billion for the quarter, a hair below the $23.9 billion consensus. International sales were a bright spot at $33.5 billion, above the $32 billion forecast, and global e-commerce jumped 27%.

Analysts keeping score were still eyeing roughly $2.61 a share for the year on about 4.2% sales growth, a print that keeps the bull case intact. The numbers kicked up Walmart’s full-year outlook too: earnings now seen at $2.58 to $2.63 a share, up from $2.52 to $2.62, with annual revenue growth pegged around 4.8% to 5.1%.

And the strategic pivot landed with a bang: Walmart will move its common stock listing to Nasdaq, with trading set for December 9 under the same ticker, WMT. The switch slots Walmart into Nasdaq’s tech-forward vibe and signals a fresh chapter for the brand. Leadership news capped the week—John Furner, CEO of Walmart U.S., has been elected to succeed Doug McMillon as CEO, effective February 1. McMillon retires January 31 but stays on the Board through the next annual meeting to smooth the transition. Against this backdrop, Target’s mixed Q3 print looks even more pedestrian by comparison, underscoring Walmart’s steadier footing in a crowded retail landscape.