is ulta beauty you'd want to buy?down 7% in 2022. >> it got killed this company is a great story, a great niche, great brand, but it got killed in august of 2019, well before the pandemic because of some really disappointing guidance at the bottom of the pandemic low it was down 60%. this whole -- this all started with eps disappointment it's now bounced back all the way and made a new all-time high but the problem is inflation -- the stores and the products are seen as a luxury. i think they're going to have a really tough time with inflation. they may endi up being the firs thing people cut i love the story, i love the brand but it's not time to be long ulta and i would be a seller. >> scott nations, nations indexes, thank you very much, sir. have a good day. >> thanks. >> so much forol dlar beneficiaries, i guess we'll be right back on "power lunch. lemons. lemons, lemons, lemons. look how nice they are. the moment you become an expedia member, you can instantly start saving on your travels. so you can go and see a

particularly ulta. i never forget i found the first ulta.ife at the 3458, what the hell is that thing. i went home, did research. >> can do everything, hair, eyebrows, and buy products. >> great stock. appreciate it. folks while investor sentiment gauges have been bearish of late a lot of people are more concerned really about what's happening with their savings accounts and what's happening with other parts of the market. you can see on the screen though, early in the session the market turned around, these names, the ark names led the waive. my next guest may not be happy with this he is one of my favorites but he says individual investor capitulation has been a good thing. david nelson, from belpointe chief strategists, these retail, the retail investor ain't going away, my man, it hooks like they're out there buying some of these names that are supposed to be going down and now did you think cathie wood's stock would lead the market back? >> i did not and, you know, it has been a surprise, but i think what changed here is the first half

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so china not do things the way others to do boys. ulta state media says china's coven deaths number only in the thousands, as opposed to the hundreds of thousands other countries have suffered to keep it that way. there are constant local locked downs in different places. just like in many other parts of china, every one and hung joe has to take a p. c r test several times a week on the country has become a gigantic testing laboratory. the cost this year is estimated to be nearly 2 percent of total economic output. we had to an industrial area and hung joe. here goods are stored in huge warehouses and truck drivers wait in the surrounding streets until their orders are ready to pick up. because they travel around the country, they have a higher risk of needing to be quarantined. one of them, mister jew says he has come to terms with the strict 0 covet measures. oh, don't leave the shop every time i come off the highway and reach a destination, i have to take a p, c r test. this ensures my safety and the safety of the people at the destination but a positive test would have big consequenc

the factory located in the city of ulta is another bet on the company's electric future and its ability to catch up with electric vehicle competition or the u. s. and asia says this where the automotive industry of the future will be created. we w wants to use its new plan to produce the green unified cell for use in the group's electric cars in the future. the combustion engine which formed the foundation for the w. success will become a thing of the past and just a few years. in kind of unclear, we need not fear this transformation, your the charities outweigh the risks for those at the forefront city. that applies the site here in south ghetto, but also to brown fike, where we build our battery systems. that applies to castle where we build the electric motor, this transformation of a lot more opportunities than risks and fraud, and i think, but you need money for that head for our money is needed when the investments are high. yes. building costs and up to 2000000000 euros. the factory should be ready by 2025. the plant will act as a blueprint for further sake sale factories in euro

"about-face" launches on ulta.com tomorrow and in ulta stores this summer their new song "so good" is [ cheers and applause come on back, everybody. [ cheers and applause ♪ so with geico, we can easily bundle home and car insurance and save even more? yeah, home, car, motorcycle, all bundled together. just like that breakfast burrito. so, can i get chorizo? uh, yeah, uh, metaphorically, yeah. carnitas! just chicken — just give me a bunch of chicken. or bacon? oh wait, there isn't too much hot sauce, is there? i have a — sensitive palate. i actually like hot sauce. can i get chips? how 'bout guacamole? i don't really know what we're talking about anymore. burritos! insurance! ok. for bundling made easy, go to geico.com ♪ ♪ whoa! ♪ ♪ this guy's got the right idea! ♪ ♪ i haven't seen high school basketball this exciting in years. doing the right thing is messy. let's get out there and make a difference! ♪ ♪ don't worry mom, i'm gonna be here forever. yeah? ♪ ♪ it lives up to the hype, plus plus. ♪ ♪ choosing t-mobile is like paying for this... ...but getting that! ♪more, more, more♪ and

subject to destruction. feelings of the rise, say to is claimed, so be one of the most radical ukrainian ulta nationalist movements alongside the us . off battalion rushes repeatedly, tried to shed light on the issue of far rights extremism in ukraine, including german recent informal meeting of the un security council. resurrection of these is when you cream didn't happen overnight. one needs to recall that fascism in the form of his loyal extreme nationalism isn't a new phenomenon for this country is has contaminated, virtually the whole of the ukrainian society with the virus of nazism 2.0 on top of extreme nationalism and rooster phobia all the support trends are and offspring and the shocking reincarnation of denies the ideology of an aunt or mention a so called sub human. this is holden, these is used to label this loves the bowls, the jews, the gypsies, and all this is happening to the russia speakers in ukraine, in the eco sack chamber of the un headquarters. we had the un mission of rush representing a lot of evidence of war crimes committed by the far right ultra nationalist element

fiber, and in the future it will make it possible to wire for connecting the osel of the anadyr and ultats according to the project, the throughput of the main line will be 100 gbit per second with the possibility of upgrading up to 80 channels of 100 gbit per second each length of underwater fiber optic the transmission line will be 2,220 km long, and the who is scheduled for operation in december this year. we work in very difficult climatic conditions with you. that is, under such average conditions, this is a completely realizable process, and we will leave this bar for ourselves at the end of the year and there is no desire to move further. well, accordingly, nature will show the implementation of the project. provide the residents of chukotka with modern communication services with high data transfer rates and lower traffic costs, and redistribute the freed up satellite resource to rural settlements , settlements not covered by optical fiber. naturally. this is a very big change. uh, our such information, component of opportunities, uh , residents, uh, and organizations of our city

it was being called the ulta fire because it was burning near alta vista court you could see how close that burned darkened area got to homes on the court pretty precarious a cruise from both cal fire and the contra costa fire protection district responded quickly. they will remain on the scene to extinguish any hot spots, of course so far. it is unclear exactly. started this fire. all right, so let's get a check on our weather conditions right now. yeah, abc 7 news weather anchor spencer christian destroyed this live from the oakland airport with a unique weather conditions there help keep flights on time most of the time spencer. most of the time that's true, dan and i will you know two of the defining weather elements of the bay area wind and fog tend not to cause delays here at oakland even though the fog often lingers well into the day over in san francisco area in and around san francisco, but as into the daytime hours the sun tends to burn off a lot of that fog before can reach oakland. it dissipates and lingers on the other side of the bay wind also tends not to be a big factor

staple food in mexico and just one of several important cash crops produced in the community of milva, ulta, yankee, sup, rosen, or balise. suppose here we produce nepal, corn and beans, and the majority of the food will produce goes towards feeding mexico city with food prices. on the rise, mexico's president has called on farmers to increase agricultural production and the government has already set a plan in motion to assist farmers through subsidies last pro, musk angram and follow. we had all the programs the government has implemented have helped us because costs are rising, the cost of fertilizers increased and the economy of the country is not doing well in one of the government's programs is called sim, bundle vida, or sewing life. first launched in 2019 as a broad strategy to combat poverty and inequality. today, it's being geared towards increasing food security in the face of worsening inflation. but many in mexico are worried that not enough is being done to rain back, skyrocketing prices. oh yes, everything is expensive, the price of over kado, lemon, tomato has increased. we

you're most welcome. canadian farmers have gathered in ulta where to show solid darcy with that dutch colleagues. they're also protesting against new environmental laws which could affect the livelihoods the me. hundreds gathered near the dodge embassy in canada, the capital to voice their concerns about. i'm saddam's plan to quit all emissions wise, 50 percent. now they say it will directly affect production potential and damage and all ready shaky financial situation for farmers. canadians themselves dealing with the new burden of taxes on russian fertilizer, john to no farm as no food outside the building. in the past month, the farmers have you started to block highways and distribution centers in the netherlands that processing against regulations that would in some cases for pharmaceutical herds and modernize facilities in the hope of causing nitrogen and ammonia emissions. earlier, ryan cursed like a canadian farmer, told us that there are changes that farmers can make themselves without being forced to do so. by the government. there's going to be a lot of sentiment and worry

tractor supply, target, home depot, ulta and dollar general has beneficiaries of a strong dollar with most of their operations right here in the u.s. kelly and tyler? >> we would expect, courtney, that maybe they are more insulated than other sectors i mean certainly tech has a higher exposure overall? >> definitely. i think things get complicated with retail, of course, when you're talking about as i mentioned sourcing products and then selling products. then the translation back. there is a lot of complicated exposure mix w we know that not all stocks trade with fundamentals when you can point to a reason that one company is hurt more or less than another so it really is one of those do your home work on individual names here i think gave you about 20 of them right there so hopefully that helps a little >> thank you very much the focus is on the fad fst foo sector he had winds could mean an 8 to 10 cent drag on the numbers. the impact could mean we end up on the higher range or slightly above. andrew charles said they're looking at 13 cents in terms of the head wind as of right now.

estay lauder and ulta is on trend. >> and who are the losers this earnings season that you predict?we're still seeing weakness in some of the lower lower end retailers. look at the gap, it is pressured with old navy and not going away in the near term i don't think that's a story that will come back for a couple of years right now. >> mike santoli, where are expectations for this group? >> they're pretty low. if you look across the apparel retail or the apparel makers, valuations have taken a hit. some people point to the fact that it's a small and a short-term effect but cotton prices are down huge, like 35% in the last few months they're about flat year over year so what people thought was going to be an additional headwind, i know there's margin pressure out there but that's slightly easing up on some level but again, tough consumer environment to sort of make a bold play to say that they're going to come back strong. >> really quickly, 30 seconds, dana, have we moved from inflation to deflation in apparel and some of those retail categories >> not yet you're still seeing inflati

progress was stopped on the ulta fire, which is burning in pittsburgh.irefighters say that a burned in the same areas of fire from sunday night started around 11, 30 and then did a burning about 40 acres. and firefighters in the north. they were able to contain the lincoln fire. that's the one that was burning near marine city. it started around 3 in the afternoon yesterday. northbound highway one o one just about that area. you can see from a distance here. the smoke residents in sausalito were asked to shelter in place because of that smoke. but then that order was lifted. >> happening right now as a result of the fires in the east bay. the air quality advisory for eastern contra costa county has been extended through the day today. the bay area air quality management district says it's the marsh fire. that's the real reason why, as we know it's been burning for more than a month now in the area. marsh creek road and walnut boulevard just south of brentwood. it started investigators think as a fire at a homeless encampment in bay point. but then it spr

so several shops like ulta and ross are going to remain closed as officers continue to investigate in san jose camila barco kron. 4 news. >> new at noon police investigating another deadly shooting. this one in a richmond neighborhood. they tell us a man was shot dead on south 49th street and cutting boulevard. you can see that's not far from the i-80 freeway. police believe the suspects were in a car exchange. words with the victim, shot him and then drove away. now, here's what the scene looked like when the call came in around 10 o'clock thursday night. you can see a major police presence in this video. no word yet on a motive or what the suspect's car looked like. we'll bring you more details as they come into our newsroom. also new at noon, san francisco police responded to a crash between a pickup truck and a muni bus this morning. it happened at the intersection of hate and cold just a couple blocks away from golden gate park. emergency medics treated both drivers and a passeng ok, let's talk a bit. talk a bit about our forecast now taking a live look outside at coit tower, bea

the same bus ravi, ulta 0 wildfire in the u. s. state of california spreading quickly. g too hot and windy conditions overnight. the fast moving mckinney fire has scorched 160 square kilometers of land and burned down at least a dozen homes of neck avenue, some declared a state of emergency on saturday. a spot is coming up after the break. we'll go live to london, a head of the women. is it european? the championship funnel a were mistaken. ah . august on al jazeera, kenya, braces for a title contested votes. as the country goes to the poles and the elections that will shape its future. the listening post examines and dissects the wealth media, how they operate to the stories they cover up to 5 years on the since me, on mars, muslim minority were forced from the country. we look at the plight of the rocking out. is there a well show cases the best documentary from across the network, including a new 3 part series, the sixty's in the arab world. as protest continue following the swearing in the new president could sri lanka, economic and political crisis, lead to humanit

progress has been stopped in the ulta fire in pittsburgh. >> firefighters say it burned in the same areas of fire from last night's the fire started around 11, 30 and burned 40 acres. firefighters in the north bay were able to contain the lincoln fire near marine city. that fire started just after 3 this afternoon. >> in the area of northbound highway one, 0, one. at one point, some residents in sausalito were asked to shelter in place, but that requirement is now over. fire crews lost some ground in their fight against the washburn fire in yosemite national park. the latest report says the fire is 50% contained. that's down one per cent from yesterday and is now burning. 4900 acres. the mariposa grove containing those mature sequoias is still closed and yosemite visitors are prohibited from starting campfires to reduce the threat of starting a new fire. officials are asking people who do not live in the area year-round to wait several more days to come back. >> happening now, the air quality advisory of eastern contra costa county has been extended through tomorrow. the bay area air qual

in basra, the ulta 0. the flood threats to australia's largest city suddenly has ease the storms move out to sea. but other parts of the state of new south wales are bracing for more heavy rainfall. people living along coast north of sydney had been warned to prepare for potential flooding in the coming hours. the hunter region has recorded the highest flood levels in 70 years. a natural disaster has been declared for 223 locations. parts of china and japan are also underwater after severe storm swept across the region. although july is typhoon season signed to say, climate change is causing more extreme weather patterns. more frequently florence than we reports. tropical storm, a re made landfall in japan's south west in kyushu region early on tuesday, bringing with it heavy rains. that's left streets and homes under water. japan's weather agency has issued advisories for potential landslides and overflowing rivers during a year. shootings, how she humble far. it's a similar situation in china where some

who has high inventories in discretionary areas so ones that might hold up a bit better, we think ultaxample, don't think there's a lot of exposure. auto parts, maybe not as much markdown pressure there. the clubs, they're among the highest percent of food in their mix, so we think that could hold up as well >> it's a good point the fact that you said they overshot on inventories, jim crime other has brought up the execution issue here a number of times. how did they get it so wrong in terms of estimating where the consumer is going? they know more about the consumer than just about anyone. >> yeah, that's a good question. i think this management team has a long a good track record, but they did get over their skis coming out of the pandemic the retail sales were at record levels in 2020 that report was beaten in 2022 i think walmart's team just made a mistake thinking it would continue not at the same rate, but not decelerate as much to be fair, while i think a lot of people expect inflation is maybe a about i her than expected, and some of that was a as a result of maybe what's happe

only had to use control ulta late once. this is a look at the commute.ge toll plans. it's a little crowded. but again , this is more routine. it's going to be routine. once you get onto the bridge, it looks pretty good. a lot of the routine slowdowns are there like the ultimate past. we have a little slowing on north bong one on one coming just after the 2 80 interchange in san jose, getting up to that west valley. i just wanted to focus in again on the tracy commute. just goes to show you that today is indeed just kind of a regular looking monday with a lot of that slow traffic. i mean, you know the pass 6 49. let's bring steve paulson back in here. thank you kind, sir. appreciate that. we do have mainly clear skies out there. there's just not a lot of fog to talk about. even though the water temps are pretty cold between 50 and 50 for some patchy fog, but it looks like the coast is clear. after everything is said and done. inland tamps will still be in the nineties was sixties seventies and eighties as you head west. clear skies only patchy fog nice to