Walmart (WMT) released its second quarter earnings, inching past top and bottom line estimates. The retail giant also raised its full-year sales and profit...
. The retail giant also raised its full-year sales and profit guidance after seeing strength in the consumer. As many consumers have felt the pressure of inflation, with some retailers and financial analysts claiming there has been Forrester Research retail analyst Sucharita Kodali joins Wealth! to give insight into the strength of the consumer and what it means for the broader market moving forward.
Uh, you know, we can look at it as whether or not it's the the needs based pockets of strength versus the wants. So that means that even though the numbers may be positive, the consumer is really, really softening. What does that tell you about some of the the tent pole shopping seasons that typically take place in the back half of the year?If we wanna go there, and and even into the holiday shopping season later on.
There are geopolitical, um, challenges that the Chinese consumer has, um, but also in the case, in the in particular, those two companies, JD and Alibaba.They are eCommerce companies that essentially, um, have really fallen out of favour with the Chinese Communist Party. Matthew Perry’s personal assistant allegedly injected him more than 20 times with ketamine in the four days leading up to his death, according to charges filed in California.One of the doctors accused over the ketamine-related death of troubled Friends star Matthew Perry wrote in a text: "I wonder how much this moron will pay". The text was written by Salvador Plasencia, a medical doctor known as "Dr.
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