joining us in new york, matt boyle. take us into what the story is, on walmart. k. matt: we thought there might be a new one coming because they were almost done with one they had authorized in 2015. what we were all looking for was this e-commerce figure. the broader market, only growing about 15%. this 40% figure is not as big as the 60% they did last quarter, but they were never going to keep up those rates. $35, two day the free shipping, and sort of a counter against amazon prime. this figure shows walmart has turned on the accelerator. the question is, when are the profits going to come online? they have invested a lot of money and it appears to be having some effect in the top line. the question is, do they have the margin for it? spending billions on these new e-commerce the film and centers. they are trying to recruit new challenge from ivy league to work for their e-commerce business. all that has come at a cost to their margins. investors don't want to see that, they know walmart operates on tight margins, but they want to see those going in the right d