Walmart’s Strong Results… And Medicare’s New Pricing Announcement 8/15/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 15 August 2024
⏱️ 44 minutes
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| 0:00.0 | Large in the Nesac Market Site in the heart of New York City's Times Square, this is fast money. |
| 0:06.0 | Here's what's on tap tonight. |
| 0:08.0 | Retail rally, Walmart popping after raising its outlook and posting an earnings beat. |
| 0:11.0 | Retail sales also jumping more than expected. |
| 0:14.2 | Can a resilient consumer help power the market higher? |
| 0:16.9 | We'll debate that. |
| 0:17.7 | Plus, the nuclear option. |
| 0:19.4 | We are live at the first new nuclear power plant built in America in a generation. |
| 0:24.8 | Will this boost the lagging fortunes of the uranium trade will go inside the numbers? |
| 0:29.2 | And later a new surge for the semis behind the big week for chips, the worrying sign that could |
| 0:34.2 | spell trouble for the auto industry, and instead of a baba boom from Ali baba, |
| 0:38.4 | it's another baba bummer. I'm a little Lee coming to you live from the studio |
| 0:42.4 | of Vietnam, I'm a little Lee coming to you live from the studio |
| 0:42.5 | via the Nasak on the desk tonight. |
| 0:43.8 | Courtney Garcia, Dan Nathan, Guy Damme, and Tim Seymour. |
| 0:46.6 | And we start off with the latest signs that the death of the American consumer |
| 0:50.2 | has been greatly exaggerated. |
| 0:52.0 | Shares of Walmart surging more than 6.5% |
| 0:55.0 | to a new all-time high today on the back of better than expected earnings |
| 0:58.0 | and raised guidance, the retail giant CFO |
| 1:00.0 | telling the NBC that revenue growth was driven by higher unit sales rather than higher prices. |
| 1:07.0 | And more good news on the consumer front. Retail sales rose a full percent in July from the |
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