what is walmart worth? has it gone to a point now given where the economy is in the consumer, where it might be expensive? >> well, i think is it environment where despite the inventory issues and the challenges they patted that they have announced and that we hear about in more detail with our next guest, are things that are not unique to walmart, and they are the most sophisticated real tailor in the world. will you pay for walmart 18 or 19 times above market premium? i think you do. one of the things that they point out, which is pretty obvious to everybody is that prices year-over-year are up 13%. this is the highest number since 1979, dan was eating corn flakes back then. your box of cornflakes that's right, they have actually shrunk the box and charged you more. i think that the operating margin is something we will continue to look at. we certainly discount the fact that a lot of the excitement comes from grocery sales. that is really what you are expecting. they said that was extremely interesting,

walmart's always watching. co courtney probably can't say it, but can you give us a tip of how you're going to start off the interview? don't give too much away, because the pr people have their pens in hand, watching cnbc. >> what's really important is to talk about inflation and the different levels, what the retailer can control and what they can't and category by category, it's going to be different. i think it's fascinating when they gave that warning three weeks ago it was a profit warning, but sales were trending higher then, and they still trended higher it's such an interesting die cot my you can see sales increase but profits fall because of lower-margin goods selling more. it's important to dig into that more that's just one thing we're going to talk about. >> looking forward to it 10:00 a.m. eastern time. g glad you're there. >>> let's get over to dom chu. h he's been looking at some of the movers this morning. i'm guessing walmart >> a very big driver of the action this morning. home depot is drivi

walmart plus has a deal with paramount. they have changed in terms of capturing a broad array of shoppers who like innovation inconvenience. at the same time, walmart is america's everyday store. 90% of america is within 10 miles of the. that clear value is important. what has been happening is a broadening of the customer appeal and inflation is impacting everybody. gas inflation, energy inflation, certainly year-over-year. these are big numbers. jon: oliver, to shift gears to another player in home depot, it seems like inflation was a factor there in terms of basket size, what people walk out of the store ends up being a little bit less. there does still seem to be some focus on the housing market home improvements. we talked about concerns on the housing front, but a decent quarter on that front for home depot? oliver: in terms of walmart's results and talking about different categories, certain aspects of home, lawn and garden have been better. some watch outs from walmart's reporting, electronics has been tougher. ther

let's dive into walmart. after a surprisingly strong quarter, after speaking to the ceo last hour, courtney, a great interview. >> thank you very much appreciate it. we are here in walmart's hometown of bentonville, arkansas the retailer beat expectations for adjusted profit and revenue. of course, those were lowered expectations after issuing a warning a couple weeks ago the ceo told me that inflation is putting pressure on the american consumer and walmart confirmed it's adding paramount plus, that streaming benefit for walmart plus members that's going to happen in septemberism asked mcmillon if it had do this to add this streaming content option to attract or retain those walmart plus members he said it was always part of the plan they haven't given much detail about walmart plus consumer intelligence research partners estimates it's plateauing around 11 million he said the company doesn't emphasize the program because they don't want to be measured by one metric. walmart's highly prftable albeit small an

we want more walmart plus members. the primary is food delivery, as we learn to do grocery pick, pickup, which is growing at a nice clip. that unlocks the -- and as we were discussion before we came on air, it includes delivery all the way to the home, which is an exciting service we have. adding paramount plus is just part of an ongoing plan. >> walmart's u.s. e-commerce did sec rate 12% year over year. in the last two quarters it was just 1%, do you need another -- >> mark did a great job, but we have all become e-commerce retailers. our business is omnichannel, and our leaders, and throughout the company, including our merchandising team now think about first party inventory, as well as what we do for pickup and delivery, and our marketplace. it's growing quickly the fact that we have more and more available, and walmart u.s., we have 180 million items now available on walmart.com, enabling you to grow the top line and things that go along with that. marketplace business and e-commerce business allows growth in the

walmart earning a new cheapskate economy. which retailers could benefit. $80 billion in new funding after beefing up the irs which should mean more audits and how to avoid red flags that could lead to an audit. on "barron's roundtable," ben levinsohn, carleton and glitch and jack hough. we had a nice bounce off of the markets but recently investors turned skittish, the rally fizzled. what is going on? ben: it has been a solid market, four weeks of gains for the s&p 500 and this friday hit. it didn't seem there was any one thing that caused it to fallen fed governors contradicting the governor and had recent economic data. it all comes down to tech bubbles. people talking about weird things like the 200 day moving average and that got a lot of attention. the market came up to it. and stopped and stayed for a few days. then people started thinking time to pull back on this especially after watching many stocks like bed, bath and beyond. jack: some people compare technical analysis to eating sheep entrails but coming from you i

talk about walmart, we have to talk about it in two, walmart retail and walmart enterprise with the global business with all of these different dimensions coming into play and it competes with target and the one thing that we favor is the business mix and that 65% necessity in grocery that tends to be a winner recessions and we do see them taking incremental price and wide edge the price gaps so in a position to take share in the categories that we know matter most to consumers every week when they're going to the store. >> steph likes the business mix here which is more tilted, ed, toward groceries and necessities though target is certainly in the grocery business, but thetheir sort of sweet spot is upgrading your home and not necessities, but -- but want to have. >> the inverse we think the most competitive price pressures right now is grocery. all of the retailers are focused on grocery inflation and a player like walmart which lost share in 2020 is working very hard to maintain market share and so we see them reinvesting in price in grocery which is difficult in an inflationary environ

big numbers with walmart and others you saw inventories climb for walmart and home depot. the stocks are a lot higher. walmart was almost hysterical they ended upbeating people estimated two weeks ago when they warned. almost comical -- charles: it's a game. i kind of wish we don't even announce earnings twice a career like europe. i think it is too much of a game. companies lose or gain way too much. before i let you go, adp last time, it is rocking. what do you like now? >> marriott vacations. the consumer is one big component driving this rally. so i say pick your winners within consumer discretionary. marriott vacations i like. charles: what do you like? >> i don't have any money. i have to sell something to buy something. my last buy was disney after the quarter. i thought it would be extraordinary quarter. this is one of the few streaming companies that will be profitable that is the new metric to look for. >> want a certain level i was saying safety but not necessarily the safest stock in the world? >> no, it hasn't. other names. value is taking a back seat in the l

that's where walmart is a media company. >> great to see you in person. what do you think of the potential partnership? >> it's interesting to think about walmart using it for advertising. >> he brings up a lot of good points. if you still with us him i had a question. >> that's bringing back the guest. >> is that an absolute no? >> it is but he had a very interesting op-ed and i want to speak to it and give him an opportunity to speak to it. would you mind touching on the di initiatives and the impact on the upward spin allocation? >> it's a touchy subject for a lot of people and for me it's more just looking at the letters and focused on equity because that's what we are talking about. it is something you can play around with but the equity is quantifiable and a friend it's really quantifiable for a media company because the upfront happens and you're able to make commitments upfront so now you can go and invest and what i tell everybody is when you invest, you're given me the dollars and i can go out and make my team diverse and include the people and

home depot adding 86 of those points walmart adding another 40. the combo there making the dow the open performer s&p has gone positive up 0.2%. we're looking at our fifth day in a row higher for the dow. s&p up for up for a third day. you have a lot of consumer staples the leader, discretionary, financials, in the rally. technology is lagging. the nasdaq is down 0.2 wall street buzzing about an airline making a big bet on supersonic travel. we will discuss the potentially booming business straight ahead. >>> we are just moments away from president biden signing of the inflation reduction act. on twainons ouo shgt a so as it happens "closing bell" will be right back. . >>> what is wall street buzzing about today? supersonic travel. american airlines placing an order for 20 supersonic overture jets from boom the second carrier to place an order. united agreed to purchase 15 jets last year boom says its overture jets will fly as fast as mach 1.57 which apparently is more than 1300 miles per hour so basically a flight from seattle to tokyo which typi

there walmart plus membership was up. ar alline -- adding value, they are starting to take cues from what has made amazon do extremely well with consumer household and starting to parallel those strategies. walmart is on the front end of that strategy, versus amazon on the mature end. alix: the same time, home depot recording second quarter, joining us now is capital media president. your read from home depot, how would you categorize the housing market? >> i categorize the housing market as, for the buyer, not as good as it was three to six months ago. the picture has been painted we are going to go into a nasty downturn in housing. that is not true. if you look at the housing data, the month we just produced was the average of 2020, including the pandemic. it would have been the best month of any month, 2009 to 2019. the idea we are going into a tailspin, home depot mentioned the low price point, lower income -- that is the stuff that would read better across the walmart. this is a great economy. we do not think people

walmart shares down 8.4%. how much can they push back against the bloom and say we are doing just fine, we are re-assessing our biggest -- our business model in light of the shifts we are seeing demographically. at 8:30 we get july housing starts and building permits after the homebuilder sentiment index was just brutal as a lot of home builders are looking at higher mortgage costs as well as plateauing valuations. how much do you see that bleed into a slowing of how many houses begin to be built? at 9:00, this is the read on the auto sector. how much do we get working through the supply chain, especially after you saw the empire manufacturing survey yesterday, really shocking. this is one that tracks the ism data closely and we saw a massive collapse in terms of confidence with what to expect going forward. how much does that bleed into the other industry sectors that have seen improvement? jonathan: it is shopping. payrolls everything is great, cpi soft, the fed needs to do less, than empire yesterday and ev

we have home depot and walmart appear, walmart maybe not as surprising, given the product mix courtney just talked about, but all of the underperformance relevant to the s&p 500, particularly home depot, occurs before recession actually hits. you see them under form before recession but the average performance for home depot in the last receptions has been 30%. sort of interesting here, if you think we're going into a recession even with the housing slowdown, history tells you that the underperformance occurs before the actual economic contraction so depending where you think we are in the business cycle, maybe you don't run from the hills. >> perfect segue. mr. recession, what do you think? >> jeff started off saying less loans are going to be taken out. i think that is the critical point you want to look at. there are going to be less mortgages and home equity loans taken out, so that does not really act as a tailwind to a home depot or lowe's, so i would not be a buyer there. i would be a buyer of high-end stuff, ralph lauren, capri, and a buyer of lower end of that deals with overs

, walmart looked so good today. the top of the list on the nasdaq, they are retailer up because walmart and home depot. a new fox nation series highlights the history of the titanic 110 years after the sinking. here's a preview. >> there were 2208 passengers and crew on the titanic. >> tragically a watery grave awaited many in the fallout of the greatest naval disaster in history. stuart: the special is narrated by one of the stars of the original movie billy zane. >> you can be blasÉ about some things, rose, but not about titanic. >> so this is the ship they say is unthinkable. >> it is on singable, god himself could not think this should. stuart: he was a most unpopular character in the movie. don lynch is with me, gentlemen on the right-hand side of the screen and expert on the titanic advised james cameron on the movie. what is the series going to tell me that i don't already know? >> i haven't actually seen it yet so i can't speak to it. i've spoken to somebody, differently worth watching. stuart: i want to ge

i think that's a name that demonstrated and might be good news for walmart and target. but they demonstrated that they could execute in this environment with a weakening consumer or at least a consumer who's shifting from goods to services, and their cloud business of course has been really driving the story and then lastly we added to disney >> disney. let's talk about that right now because it is one of the biggest gainers in the dow today investor dan loeb taking a new stake in the company and in a letter to ceo bob chapek urges disney to spin off its espn business and integrate hulu directly into its disney plus program leslie picker joins us leslie, loeb previously held a stake in disney, sold it why is he getting back in now? the timing is interesting just as disney was sort of of on the upswing again. >> yes i was doing some comparisons here, sara because the disney stake actually dropped off their 13 just in the first quarter of 2022 we should get their second quarter 13h filings to see if they're in there as of the deadline tonight inter interesting enough they

i think both target and walmart -- i have a bigger position and walmart. i just think that inventory dynamics are temporary, yes. they are not systemic issues for the companies. as bill simon pointed out in one of those segments, they are the most sophisticated retailer in the world. i just don't see it -- the way the stocks were punished relative to the dynamic, it just might be that stores sales are what matter. >> he also said he would take target over walmart which i thought was funny. >> yeah. we have not been accustomed over the last 20 years to them filling in the gap within a week or so. when they tease that doug mcmillan is going to be on the show tomorrow morning, you know, it is probably going to be okay. he is not going to come on and lay a big egg there. that is my two cents there. they say we are working through this stuff, but we see signs of life in terms of the consumer. >> be sure to tune into the full show. >>> coming up, full steam ahead, full stream i had. a lot of the news out of the streaming space today. what does it mean for your i

in previous recessions, walmart has done well. it's pure retail now this hybrid retail tech company, so it will be interesting how it plays out. >> isn't it fascinating that walmart is moving up stream while amazon is kind of moving downstream they both have so much pricing power. look what amazon announced from the upcoming holiday season, charging their merchants more? what does that mean for competition, shopify is in a different position but this does add fuel former chants who have already been trying to diversify their sales more away from amazon. >> to catch everybody up, as you mentioned, amazon raising seller fees they made a big announcement on the one hand, i think you'll see some performative complaints, hey, we have to get off amazon this will drive people to other channels like walmart, if they weren't already on walmart, this will push them in that direction. at the end of the day amazon is a price maker, not a price taker. everyone has to be on amazon it's the biggest everything store in the world all the groundwor

go to walmart, the aisles are narrow, the lights are dim and you rarely see a walmart employee, which means it is extraordinarily easy to rip off walmart. this is widely known, i want to assure you. every addict who is on the street i've ever talked to has come up with stories of how they ripped off walmart or their boyfriend or somebody close to them ripped off walmart. it was and i think may still be, but certainly from all the years we are talking about, the late 90's into just a couple of years ago, it was ridiculously easy to rip off walmart. what does that mean? it means all of those things stolen from walmart are traded for dope. t-bone steaks, x boxes, perfume, children's shoes, dealers in portsmouth, i wrote about how dealers would make lists -- go steal me this and i will give you half the list price. so if it is an $80 chainsaw, i will give you $40 worth of pills. some people, certainly in the town of portsmouth had shops made up of stuff, a certain kind of item they would rip off from walmart. one woman had a department for of baby stuff, another person had hardware. but w

pseudo- it was easy to revolve walmart that means all those things she better stolen from walmart are treated for dope all. children choose, on and on dealers i wrote about how dealers would makede a list youo steal me this and i will give you half of the list price and pills. if it's $80 chainsaw i will give you $40 worth of pills that i am selling. some people had shops that were made up weber certain kind of item one woman had an apartment full of baby stuff and only guy that had hardware and you find it is ridiculously easy to rip off walmart and that's what is stolen fees the drug dealers and adds to it lubricates the ripping off of walmart because they are so common in many areas it's almost the only retail option because the cells everything food to xbox and everything in between, automotive, whatever is become a place where people know i rip off easily and i take that stuff to my dealer in my dealer will give me dope. mama is very well documented as well because of this to become a huge drain on the police department and whatever time you happen to d be. i was talking to folks

that's benefits retailers like walmart. the other concern that walmart has shown strength in groceries. consumers are looking for budget items, but groceries have smaller margins from other products, so that could have boded well the past quarter, but it could pose a problem going forward. francine: charlie wells with the latest on u.s. retail consumers. still with us is james athey, investment director at aberdeen. we look at this bloomberg index which the italian and the french are big on in the morning. it does show a 17% increase year on year. how does covid distort everything? james: i am incredibly partial to a full english breakfast. that is going to hit me where it hurts. [laughter] charlie makes some interesting points. his analysis was good in terms of the consumer. we talked to domino's pizza about the shop effect. there are these types of goods provided, these types of retailers. they are very defensive relative to the cycle because they capture the downgrading of consumer purchases when we get into the downstag

home depot and walmart later today. what will we see in the reports that give us the rest of the calendar year and fiscal year for the stocks >> you know what will be interesting to see is if they pull guidance for the rest of the year for the companies it is so unclear some of the companies are great companies. target target is a wonderful company. it has done great things you see my casual guard here i'm dropping a kid off at college here in florida. i do believe as you may see a lot of trepidation from the management teams on the outlook. you talked about shipping costs. the bigger thing is labor. we saw with the unemployment report that labor cousts are going up rapidly that's going to be a factor into the end of the year. the other thing about shipping costs. a lot of these guys are on contract we are talking shipping costs for a lot of the companies >> great point about the outlook. q 1 for home depot and lowe's is the report today we have to watch the outlook for revenue. scott mushkin, congrats dropping your dau

i'm tyler math soeson and here' what's ahead on monday walmart versus target. both report earnings this week and both coming off warnings about the impact of inflation and which company has a better handle on inventory and margins. we'll have a couple of experts and one who says target and the other favors walmart, an

walmart earnings beat comp sales accelerated. they love seeing that. sequentially, highlighted very strong back-to-school season that is very good news home depot also beat they reiterated their full year guidance though we have a slowing market. the bottom line is some relief here that the consumer is still holding up you see target and tjx also on the upside for the overall markets another rally the middle of the day. happened yesterday s&p 500 breaking out to the highest levels really since the end of april and early may. look at the steady move up ever since we bottomed june 16th. why are we rallying so much? because the apocalypse has not materialized three main issues that have prevented the apocalypse from happening. first inflation is high, too high, but appears to be moderating secondly the consumer has been hit by inflation concerns but is still relatively strong. earnings, well, we're not negative they're a little bit lower for 2022 and 2023 but still up and actually holding up fine right now. look how the sentiment has changed. remember in

i like walmart is in this economic environment the second piece i like about walmart is they are sitting on enormous amounts of data because there are over 100 million americans per week are passing through the doors of the digital reach of walmart there are data there to inform product development and advertising strategies that are just beginning to be tapped and that's in the avenue the third is walmart has shown it is not afraid to have relationships with paramount for on the key plussubscribers it's not afraid to start moving into fin techs and it's got capital allocation decision making and scale no one else can touch. >> you make a very strong case for the behemoth there ann berry, thank you very much good to see you again. >> thanks, tyler. >> coming up, apple up 30% since the june lows and it is less than 5% from its yearly high right now. major wall street firm says the stock can go even higher wye will break it down in today's power rundown. plus, three stocks regaining their long term trend that can rally some more. we will trade the following, t-mobile, thermo fisher and aer

shery: there was a sigh of relief when we got walmart's results. >> walmart had a big move, less bad. they absolutely slashed its profit forecast, what is it today if that they told us things are going to be awful, they are going to be pretty bad, but not as bad as expected. the does carry some pretty big significance along with it. three weeks ago people were pointing to walmart's warning as evidence that there is a recession coming. what you can are white with today is the understanding that consumers are under a lot of pressure. they are struggling to make ends meet, they are struggling to keep up with inflation, they were hanging in there. people are still spending money, especially on essentials. >> is that the same narrative with from home depot? we reaction in that stock. >> despite the pretty significant slowdown in the u.s. housing market, what home depot said is that even though the housing market is cooling off, they still have a lot of contracts for home renovation, how equity is so high for so many homeowners about people are still spending money on their houses and place

i'm going to walmart. she's middle class, upper middle class and she's saying i need to save somewhere, walmart is a great place to save, it's a big box retailer, you can get more for less and walmart has a little more flexibility with their ability to cut prices. sometimes, you know, local supermarkets they don't have that ability. we're haefrg it from people where can we cut? we will go to these big box retailers where we can afford to pay a little bit less for still more. >> and that change in behavior may be a pattern that explains what we're seeing. thanks to both of you. >>> serena williams, second stop on her farewell tour ending in another loss. what happened on the court a ahead. >>> plus why hearing aids should get cheaper and better soon. this will affect millions of people. pain hits fast. so get relief fast. only tylenol rapid release gels have laser drilled holes. they release medicine fast for fast pain relief. and now get relief without a pill with tylenol dissolve packs. relief without the

>> if you are a customer of walmart plus, which is walmart's equivalent of amazon prime, you will have access to paramount plus. they are trying -- walmart experimented of making its own a video experience. there leaning on a trusted in growing brand. it has the potential to be beneficial. it works for paramount if walmart signs up a bunch of people. it works for walmart if paramount is enticing enough to get more people to sign up for service. emily: some big news in sports entertainment. you got paramount renewing the rights to the champion league football matches. you've also got fox, nbc, cbs teaming up for the big ten. i wonder, is sports early the next and only way for the streamers to get to the next level, whole new level? >> i think so. not just sports but news as well. a lot of these newer streamers, with the wave that started in late 2019, launching, they came out of the gate strong with originals like the morning show from apple tv. one of the big things consumers cannot really do with access to these major services like netflix, paramount plus and apple tv's access to sign

the walmart will happen now that i've said it. that is great for us, and now home depot, you have more do-it- yourself on the homes. at the same time, the work from home shift is alive and well. you can tell in places like williams-sonoma, macy's, because the consumer isn't falling off a cliff. apple is ordering people back to work. the most severe i have seen. but when you look at this, it is only three days a week, so that is all about staying home. let's refurbish that. it is for real. i am making these stops through the run. when i run my hedge fund, i demand you work six days a week and i would throw my water bottle at you if you didn't play by the rules. some call me old school. oh, by the way. one thing is this mean thing called bed bath and beyond, which is up 300% after another big day today. now, this is what i call manufacturers source when they get together and have the stock. i just did. it can be self-fulfilling if positive, but only if ceos, the ceo of bed bath, convenes the board and sells 20 million shares in an o

good morning to you. >> good morning. >> yesterday we got a decent change in tone from walmart albeit from fairly low expectations is that the story for the moment with the markets we've got less bad news as opposed to outride good news >> well, yes housing was down big time. housing is one of the leading indicators for the economy within the discretionary sector, we've got companies very much economy-oriented and some of those that are not and no matter what happens, people need to shop at walmart and even home depot is susceptible to being able to run well with the economy slowing down so we're going to continue seeing mixed news because even though the economy has recovered somewhat, the fed is pounding the economy down with its rise in interest rates to try to decrease inflation. >> do you think that that's appropriately priced into markets, or do you think the markets have gotten ahead of themselves with the extent to which the fed is going to be able to ease off that tightening path >> i came from the mixed income side of the world, so i believe the bond market usually tells you

walmart did to a certain extent, but not much. walmart sales are impacted by their huge percentage of their food business and target didn't have that going in. i think that is the difference >> it's karen. thanks so much for being on. it would seem to be a big mistake they still had big inventory. do you think one should read and be optimistic on how the back to school and early fall and halloween sales are going? or will go, i guess? >> i'm concerned about the inventory levels. they are still really high. i think not getting enough coverage in walmart's report yesterday, midteens inflation. that's brutal. the consumer has got a real struggle to get through that. back-to-school is really critical. it's really delete into the fourth quarter where all the money is made in retail. target's position where they have cleaned up inventory seems like a little bit better place to me than walmart but they took a beating for it today. >> in terms of miming, it's walmart and target, which are the best retailers in terms of execution in the in

walmart announcing layoffs for 200 corporate workers. this after the company cut its profit outlook last week saying consumers are spending less due to skyrocketing inflation. walmart says the job curts are part of restructuring effort reflecting merchandising, global technology and real estate teams. workers are feeling pain of mass layoffs, hiring freezes. new survey shows that less than 9% of tech employees feel confident in their job. constellation research ray wang is here to discuss it. i said this all along. it doesn't happen overnight t happens in a slow trickle. you will see big companies like walmart laying off employees. these are the signs, even if you want to redefine what a recession is or technical definition, these are the signs that we have economic headwinds ahead. >> jackie, you're absolutely right. we have 75,000 people in 2022 in the tech sector that lost jobs. 20,000 job cuts in the last three weeks alone. it is kind of interesting, we still have 10.7 million job openings as of june 30th from bureau of labor statist

so back to walmart. we said they're seeing new customers and seeing new patterns with the customers coming through their doors. customers are choosing generic brands and using their credit card more than their debit card. sales are strong. why? because need to buy groceries and the groceries are costing us more. so pple trying to save choosing places like walmart because everywhere you turn inflation is hitting the american consumer. neil? >> neil: madison, thank you. we could know in the next 48 hours whether that affidavit behind the mar-a-largo raid will be released for everyone to see. maybe, maybe not. more after this. >> tech: cracked windshield? trust safelite. we'll replace your glass and recalibrate your vehicle's camera, so automatic emergency braking and lane departure warning work properly. don't wait--schedule now. >> singers: ♪ safelite repair, safelite replace. ♪ if you have age-related macular degeneration, there's only so much time before it can lead to blindness. but the areds2 clin

until that day at walmart. i got home, i reached over for my purse it wasn't there. i ran into the house, i was so upset, my husband was there, i hugged him, i said, john, i have done something terrible i lost my purse, it has my life in it john said, let's be calm. be calm. >> dear mike, you know that i'm a responsible person, right, not once did i forget to pick you up or your brothers after practice or boy scouts did i ever leave your elderly grand parents stranded at the mall, not once have i left the stove on or locked my keys in the car, yet somehow i managed to leave my big blue purse dangling from handle of a shopping cart in the walmart parking lot on sat day. frankly, i not sure i'll ever be the same. >> john said, this is silly, we're getting in the car we'll drive back to walmart, maybe someone just took the money and threw the rest in to the trash. >> dad jumped from the car and ran to the core where he did a quick but fruitless inspection of every cart and proceeded to a nearby trash, can removed the lid and peered inside, dressed in his dirty jobs t-sh

walmart's two-pack was 84 cents. dollar three sold an eight back for $1.25. that's just 16 cents each. if you use the extra glue sticks later, it's a better deal. to maximize savings, we cherry picked such as buying crayons at target, glue at target, notebook paper at dollar tree. we get it, though, if you're just buying starter supplies, the gas to drive from store to store would burn up any savings. but if you're looking to stock up for whole school year, doing some price research first followed by a strategic shopping trip could save you. >> taking in a number of stores' prices can really save you a lot of money. it is extra effort, but it's not like you're just buying one thing. you're buying a whole cart load of back to school supplies. >> we're on the back to school beat all week. tomorrow we're talking technology. we'll take a look at why your kids' tablets and laptops need a once over for security. >>> plus, a summer school lesson in past words. see you then. >> that was really helpful. thank you so much, chris. >>> the app snapchat is unveiling paren

we're expecting walmart in less than an hour. cheryl casone is here to break everything down you need to know ahead of tomorrow's retail sales report. then president biden comes back from vacation just to sign the bill formerly known as the inflation reduction act before jetting off on a victory lap around the country. we get into that, plus a new kind of streaming war, walmart teaming up with paramount plus as hbo has to has to rethink is staffing choices. don't miss a moment of it. you're watching "mornings with maria" live on fox business. finding my way forward with node-positive breast cancer felt overwhelming at times. but i never just found my way, i made it. so when i finished active therapy, i kept moving forward and did everything i could to protect myself from recurrence. verzenio is the first treatment in over 15 years to reduce the risk of recurrence for adults with hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning, as determined by your doctor when added to hormone therap

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let's good out against corporate in new york, jens, walmart, a big player in the stock exchange in the u. s. economy, why is it changing his policy now? yeah, and it clearly, it is a big company, as you mentioned, to employing around one and a half 1000000 people in the u. s. alone. and was that being the biggest private employer in the country? i mean, they're not covering all abortions, but still that is a big step for a company that size walmart itself actually did not officially comment why they're a changing their of their plans on what you have to see is if you look at as recent a service here in the united states, a vast majority of people actually oppose us a ban or at side or ruling on abortion assault. therefore, a wal mart is so probably a going in the direction what most of our customers, some actually would agree with the young, a patch, workable boy in laws is now merging across the u. s. in response to this supreme court ruling, how difficult does that make things for companies like wal mart, where employers, employees are based all across the u. s. a sure it is very dif

that is on full display when you look at walmart's earnings report. sales grew more than 8% but that was mostly due to necessities like groceries. cfo john david rainy, 3/4 of walmart gains in food came with customers annual household incomes of over $100,000 or more. the higher income earners are turning to discount grocers because of the inflation. the company makes 56% of u.s. revenue from grocery stores. the store is packed with discount items. we've seen customers pivot away from discretionary items because they don't have rooms in their budget for it. the company canceled a billion worth of orders and thanks to heavy discount sales but they are still working to sell higher priced electronics, home goods and apparel. consumers are spending less on does discretion nary items. they spend a lot of money because of inflation, they're going to the store less often. when they do go to the store, neil, they're buying necessities like groceries. walmart spoke to back to school shopping a that is not in q2 but in q3. that is necessity item. notebooks sell

walmart is expanding other benefits. it told employees it is adding benefits for ivf, freezing eggs, as well as adoption support. >> it's interesting to see how these companies are handling this and maybe more of them will mirror this and what steps they take going forward. >> it's going to be the employees, it's going to be women that end up dictating this, i think, largely. >> yes, and saying they listened to the associates. why aren't more companies doing that? >> christine romans, thank you very much. >>> we have an update on the little leaguer who was critically injured after falling from his bunk bed at the little league world series. why doctors say they're stunned by his recovery. >> and it is the richest television contract in college sports. how the new big ten deal could upend the industry and what it means for the athletes, what it means for alabama. >> i only hear s.e.c. every year we try to exercise more, to be more social, to just relax. and eating healthy every single meal? if only it was this easy for us

the market in the near future the nasdaq clearly underperforming while the nasdaq is higher on the walmart and depot results. let's get to "the half." >> thank you very much, deirdre bosa i'm dominic chu in for scott walker today the slow meltup in stocks is picking up steam is this the start for a new cycle for the market or just maybe another bear market rally? plus, retail, sky-high inflation and the state of the consumer. what the latest earnings report from walmart and home depot are possibly signaling our investment committee today is jason snipe, jim labor that will and stephanie link and, of course, josh brown at session highs, the dow up for a fifth day, and the nasdaq is almost, just a hair, five basis points away from being in positive territory, but it's just off the lows of the session right now. we're moving higher, and the dow industrials are up about 255 points let's start with our folks in studio stephanie link, is this exciting is this something that the bulls should hang their hats on? are we all in the clear? the lows are real in the rear view mirror at this point? >> w

coming up, we're going to talk about a partnership with walmart that making with making with studios, the content expected. >> all right. >>> and arreverderci, the bay >>> and arreverderci, the bay area is ♪♪ hey dad, i'm almost out. i got you. any questions, chris? all good, thanks maura! healthier is managing all your family's prescriptions in one app. want more from your vitamins? get more with nature's bounty. from the first-ever triple action sleep supplement. to daily digestive support. to more wellness solutions every day. get more with nature's bounty. - you okay? - there's a flex alert today to more wellness solutions every day. so i'm mentally preparing for the power outage. oh, well we can help stop one because we are going to reduce our energy use from 4-9pm. what now? i stepped on a plug. oh that's my bad! unplugging. when it comes to preventing outages the power is ours. >>> happy wednesday to you. right now at 4:41, let's head to the north bay, we're checking out petaluma, where the temperature is right now at about 54 degrees and mostly clear. we'll see a few cloud

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a lot of at walmart and target. stuart: show me amazon, stock is down but i don't think that has anything to do with their alexa customers. lauren: they doubled the number of customers in 3 years time. so many smart, connected product have alexa built in. never name a child alexa. i'm surprised how many people i know named alaska. stuart: can't you convert it to a different name? hey, stu, do something like that? lauren: probably. s iri is better, not many have that name. stuart: democrats touting their inflation reduction act in 2022, they love it but the white house cannot say when it will bring down inflation or by how much. hillary vaughan on capitol hill. what is the story? >> reporter: president biden celebrated the inflation reduction act becoming law by bragging a lot about the climate parks in the package saying it is the most aggressive climate action ever, ever, ever, ever, but it is called the inflation reduction act, there are mainstream concerns why americans are being told this will reduce inflation w

they had a warning that was similar to walmart and target. macy's caters to a little bit of a higher end consumer relative to walmart or target. i'm curious about your thoughts on the earnings dori today. -- story today. dana: it is already baked in very well. it is the third week of earnings season. overall, the downdraft and consumer stock prices year to date for 2022 is based in the expectation moderation. what jeff spoke about today is the bifurcation, the lower end of the higher end of the consumer. we have been seeing that from everyone. what is poignant is a have an increase of 12% of the first half of the quarter and it slowed down in the second half, down 4%. those inventory levels are up 7%. it is a lower number than expected. but the headwind of walmart, target, old navy and many others, it will lead to the back half of the year keeping inventory levels clean and how you manage the margins. kriti: that confuses me on the inventory story. the higher the inventory has not historically been a good thing. cue 2020 and 2021 and 2022, is