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

Don't miss a minute of the action. And good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kinkton, I'm with Jim Kramer, David Faber at post nine of the New York Stock Exchange. Coming off the best day for stocks in a couple of weeks, NASDAQ at new highs for the year. That labor market data this morning, though, comes in a little warm. Futures do lose

some gains in that two-year yield back to 4-2. Our roadmap's going to begin with retail, though,

and the consumer, Walmart rallying after raising their full-year guidance at least. Plus, we've got

the return of that big tech trade, Nvidia and Meta. They're both up more than 100% year-to-date.

Of course, names such as Apple and Microsoft

have also rallied sharply. We're also keeping an eye on the insurers of Cisco. They are moving

lower ahead of the open, despite what was a raise of its full-year profit forecast. Let's get to

Walmart. Up in the pre-market company posts quarterly beat, raises its outlook for the full year,

although the current quarter guidance is just shy of consensus.

U.S. comps up 7-4.

We were looking for something with a 5 as consumers shifted more purchases to grocery.

E-commerce, though.

Up 26, Jim, after Amazon 11 and Target down 3.

I'm so glad you pointed that out.

The two surprises are e-commerce and international.

Yesterday, Brian Cornell, otherwise I thought really good call, Target,

mentioned, hey, of course you know that e-commerce is slowing down

where people are coming back to the stores.

And it was said in the notion of course.

Well, of course, Walmart continues to build e-commerce. And David, you know how you first brought out that Amazon could have this amazing advertising business?

Yeah, we discussed it some time back.

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