Market Moving Insight and Analysis joined Jim Kramer, David Faber, and me, Carl Cantonia, on the opening bell hour of CNBC Squawk on the Street.

Good Thursday morning, welcome to Squawk on the Street. I'm Carl Cantona with Jim Kramer, David Faber at Post 9 of the New York Stock Exchange.

Free markets a bit lower on a morning of very noisy data. Retail sales, PPI, claims, Philly, Empire.

Bottom line is long-term yields are higher,

30-year yield 499. Our roadmap begins with the country's biggest retailer, Walmart, posting its first revenue miss in about five years. Tariff set to impact consumers, they say, as early as this

month. Plus, United Health shares, they continue to drop. In fact fact it's the worst stock on the s and p

pre-market and uh that's no different than a lot of days what now well report that the doj

is investigating the company for possible criminal medicare fraud two tech CEOs are joining us

live right here post nine this hour we've gotten exclusive with cisco's chief chuck robbins

and we'll also have the ceo of corwee following the company's first earnings announcements into when

public michael intrader i mean why asking like it's a question you know because it's tea i do the

phony tv subper yes we do michael and trader the ceo corwe will join us as well let's begin with

walmart reporting this quarterly beat on earnings in a jump in U.S.

Coms, despite overall revenue that was just shy of consensus.

CFO tells CNBC the tariffs are still too high, and as a result, price hikes could begin later this month, Jim.

He told Courtney Reagan these tariffs, the magnitude is more than any retailer can absorb, more than any supplier can absorb. Okay, I'm going to take the other side of the trade here. I think the stock was up initially. Look, they have a very conservative management team. No one, if they're complaining, can you imagine what the other guys are looking like? I mean, they're going to be able to hold the line better than anybody with the possible exception to Costco, which is one of the reasons why Costco's up. So, David, you know Walmart better than anyone. You know that Walmart, what you, there's a praise. I appreciate when you say that. I just feel as though, you know, there was a time when I knew the company extremely well because I did two documentaries on them. That time is not now. That said, I try my best to understand what's going on. You have e-commerce, finally breaking into the black, and you know that the fact is, is that if anyone can hold the prices down, it's going to be Walmart. Absolutely true. And one thing that has not changed is the culture, obviously, in Doug McMillan, under Doug McMillan over. What is now a significant number of years as the CEO and obviously a track record of great success of the company as well, and you can see that reflected. So let it come down a couple bucks and then buy it because no one's going to be able to touch them. You think it actually widens the gap between them and their competitors? I certainly think that's in terms of how you navigate tariffs, the high tariffs that were in place for a bit of time, the lower tariffs that are in place now and everything else is along.

It's scale. We know it's scale. So let's say there's a tug of war between Target and a supplier, or even Kroger and a supplier.

I can tell you that Walmart's going to have a tug of war that's going to win.

But right now the stock wants to go down.

It was up two and a half earlier.

There are a lot of people who say, wow, I didn't know Walmart was going to be hurt by this.

They're not saying that.

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