It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

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Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kintania. Jim Kramer is back

at post-night of the New York Stock Exchange. David Faber as well. Futures are ready to start this shortened week, led by this week guidance at Walmart and Home Depot today. Ten-year three-nine, Vicks around a one-month high today. A roadmap's going to begin with a retail checkup, as we said. Shares of Home Depot and Walmart falling ahead of the open, both with some cloudy outlooks for the year. Plus, pressure is building the Biden administration, accusing Norfolk Southern of putting profits

over safety, the rail company CEO promising to do right by the community.

And meta moves to launch a new paid verification service.

My friend Jim Kramer here calls it a great beginning.

Let's get a rough start here for Walmart at Home Depot.

The guidance disappointing the street and overshadowing some of the quarterly results of the two.

Which one do you want to handle first?

Well, I think that Walmart, because it's the largest retail in the world, begs to see why it really should be down as much. The reason I say that is because,

well, this also applies to Home Depot. Walmart's historically been very conservative at the

beginning of the year when it gives this guidance. The actual quarter was very good. But let's

figure out what they really have to do. You're John Rainey, who's the fabulous CFO, by the way,

from PayPal. Now at Walmart, David, historically guides conservatively. Yep. Is there any, is there anything that would make him want to be aggressive about his outlook at a time when we can't even figure out whether the 10 year's right, the two years right, the Fed's right, the unemployment's right. So I just, there's no sense to stick

your knockout. That's it. I mean, it's a great point, and it obviously, his comments on the call

are indicative of that. It's really kind of saying it. Listen, supply chain issues have abated. Yes.

Prices, though, still high, considerable pressure on the consumer. And so, to your point,

trying to predict where things are going,

with macro conditions being what they are at this point in terms of consumer behavior, we'll stay

cautious. Yeah, I think that the analysts uniquely don't ever go to Walmart. I really believe that.

Me, Carl, you go to Walmart right right now you see two things you see the branded

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