the pile -- vizio is up four -- vizio is up 14.8% on the day.e need to talk by the cash flow that shows no sign of slowing. the total assets brought to over $6 trillion. now for more, we are joined by a guest to talk about why so much money is moving in. when we are seeing the fed start to not meet investor expectations on how fast they were anticipated to cut, what is the expectation and the word on the ground from what you are hearing from executives and investors on how much more cash they expect to hold? >> thank you for having me. i think the picture has changed quite a bit. just going back two months ago, the fed was excited to cut rates by march and people were wondering what is going to happen to the cash sitting in money market funds? now the fed is moving to cut rates later, and we see people thinking of another hike before rates move lower. then that means of course corporates and investors will hold money market funds for longer and we don't necessarily see that immediate rushing or the sucking sound out of when you work at funds as

walmart and vizio. let me get you into the numbers as far as the sales component for walmart. u.s. sales coming in 117.64 billion. u.s. sales jumping 3.4%, 3.4%, and sam's club, strong performance, 21.85 billion as far as sam's club goes. international sales for walmart, 17.6% is the jump for walmart sales but again, it is the double beat here that really the board has completely approved, unanimously approved the transaction for vizio. and they say it will be slightly dilutive to earnings per share coming up. but again, this is the big news coming out as far as vizio goes. going back to what we're looking for for walmart, the dividend increase is good news. the forecast and the commentary about the consumer really matters when it comes to walmart. and basically right now they're pushing out the numbers as far as vizio goes. comp sales, if you take you out fuel, looks like that was pretty strong, 4%. but those are kind of the stronger headlines here from walmart. i'm going to dig into more of the consum

>> vizio, is it an american made company?it's a company that makes the smart tvs and it competes with roku which is seeing its shares down today. it's where you can watch hulu and netflix. >> streaming tvs. >> i can mirror my phone on to the tv and they sell not just in walmart. >> factually. they sell across the board, but it would give much moefr vitsity to walmart and i'm not reaching the satellite that they're using for connected tv. >> thanks. coming up, those walmart results are exciting and is that retailer the best in big box? target's been on the rise over the past month underperforming walmart in the longer run. we'll have a bullfight next and further ahead, streaming, it comes with a host of awards for all three parties, but some of the risks could hit some harder than others. that's in today's "tech check." we'll be right back on "power lunch." in the u.s. we see millions of cyber threats each year. that rate is increasing as more and more businesses move to the cloud. - so, the question is... - cyber attack! as c

vizio has long been a maker and seller of tvs around the u.s.s well high protest ad business it's trying to grow, walmart, at this stage, will acquire 1150 per share, announcing the acquisition with the fourth quarter earnings number. other side, that corporation, remember when fox, walt disney and i like decided to form a conglomerate for sports streaming? fubo tv says this is going to hamper competition within the spectrum, including licenses and needs to be looked at deeper this was bound to create fractions considering how big the deal was >>> still to come, "snl" locks into two hot stars as latest hosts. and the beatles head to the cinema find out the latest on the groundbreaking film project focused on the fab four. d on th. sometimes your work shirt needs to be for more than just work. like when it needs to be a big soft shoulder to cry on. which is why downy does more to make clothes softer, fresher, and better. downy. breathe life into your laundry. new herbal essences sulfate free. packed with pure aloe and camellia flower oil your hai

vizio is actually up 21%. just moments ago after "the wall street journal" reported that walmart is in talks to buy the smart television manufacturer for more than $2 billion. walmart getting into the tv business. walmart has historically been vizio's largest customer, and vizio is the most purchased brand of tv at wal-mart stores. walmart's down just 1%, probably getting a pulldown with the rest of the broader market, but that is a big with move for advise owe, up 22. and keeping with what little green we can see on the screen here, shares of jetblue are flying high by 20.7%, on track for their highest chose since august of 2023, after activist investor, you guessed it, carl icahn buying a nearly 10% stake in the airline. the billionaire behind icahn enterprises owns 33.62 million shares now i and says this airline is undervalued and represented an attractive investment opportunity. so icahn has had talks with jetblue regard rahing possible representation on its board of directors. he wants board members, he

lynn lauren lauren vizio, yep. and it's not because they want to sell more tvs.n show more ads on the tvs if they by advise owe. vizio has special access as a tv operation to ad inventory and to specific viewing data. the "wall street journal" is reporting that walmart is in talks to buy advise owe for -- vizio for at least $2 billion. that's it, a cool 2 billion. stuart: well, kevin is still here, soldiering on next to me in the studio in new york, and he's brought with him his stock picks. and they are -- i just love thid google, right in. >> here's why. i have investments in over 50 private companies, and i look each quarter at what their fastest growing expense if is, is and it's digital advertising. direct to consumer. every company's tryinged to do that whether you're a behemoth or a small business. and the major beneficiaries of that, stuart, are these three names. so why would i not own these companies? because they are the digital economy. and nothing's changed. people tell me, oh, it's time to sell them because they're trading at a exorbitant fees. no b

vizio's smart tv includes free ad supported streaming. and wal-mart is the biggest seller of vizio devices. >>> and it's time now for a look at what's coming up later on "cbs mornings." and jericka duncan joins us live now from new york. good morning to you. you have a fun show today. talking about arts and music. >> good -- we do have a fun show. nicole and let me tell you all about it. coming up on "cbs mornings" we all know musician james blunt for his song "you're beautiful." that hit came out 20 years ago and now the five-time grammy nominee has new music. >>> also speaking to grammys you know victoria monet is having a moment for sure. more of her conversation with big winner at this year's awards where monet was named best new artist. >>> 11-year-old jeremiah stealing the show at major recent sporting events. the budding journalist is here to talk with us about interviewing some of the biggest names in sports and entertainment. he's a lot of fun. i can't wait to share it with you guys. he's great. we'll see you soon at 7:00. >> all

the buy of vizio seems incredible. should tell people how much money ru making in advertising. >> i think for the year we finished around $3.8 million worldwide. 28% in the advertising business. when you grow your digital reach and you have the e- commerce business that is scaling like ours is. the first time which is exciting. as you grow that including the market place you get the opportunity to sell advertisements and we can connect the dots for advertisers if they advertise with a digital ad. the customer transabilities a week later in a store or club. we can connect that up for them and let them know that the ad worked. that's the different advance advantage we have. with the purchase we are intending to expand our opportunity to serve customers and help advertisers have the opportunity to connect even more. >> you have a deal with roku. is it more the merrier or put all the tips on vizio? >> we have a lot of different people and relationships and that will continue to be the case. we want to sell what customers w

i'm going back to walmart and vizio for a moment.egative on roku as a result of this. i wonder is this just cynically more of a margin play on tvs from walmart, or is this going to be an instance where margins are hurt because walmart will have to invest in digital logistics to get that content into the tv? >> yeah. i think it's less about the margins on the tv set really. it's much more about the advertising business. that's really the key to this deal and how it helps connect them more with advertisers, with their brands that want to advise. that is a high margin business f walmart's core business runs in the low single digit it range, we think the advertising business is probably at least a 10% margin at this point if not higher and a lot of room to grow there. it's about helping that business rather than the margin on the physical tv set in our view. >> yeah. interesting. and a fascinating way to kind of capitalize as you mentioned their kind of omnichannel and automation and felt near the different initiatives there. michael, th

you mentioned a big deal, which is walmart and vizio are apparently talking.ether, roku is going to be let out in the cold. investors are thinking maybe there is some m&a activity for roku. that should put a floor under the stock, i think the setup is good going into earnings. >> setting up good going into earnings, all right. finally, applied materials -- third positive weeks, i don't if you had this chris, but chip stocks have been doing good okay lately. morgan stanley boosting its price target from one 42 to 1 90. but a slowdown in equipment spending, because that's what they do, they make the machines to make the chips, could pressure a math. do you like a man here, chris? >> well bryan i'm a little afraid that this is by on the room, or cell on the news. these stocks, all of the equipment makers have the strong -- lam research a couple weeks ago reported terrific earnings, stock goes up a little not a lot, even though it's been a strong truck. a math is up -- twice as much as the market since october. it's now selling at a ten-year high valuation. i thin

, walmart as been historically vizio's largest customer to generate cash through advertising, beyondtheir stores, this again will give them more revenue, there is a stock of the premarket not a lot of movement this is not confirmed the walmart stock is down three quarters of 8%, boston is running out of room to houses migrants and one democrat city council member wants residence in the suburbs to start taking the men, she said cities and towns have so much more resources than the city of boston and people have more financial support we need to do everything in our power to make sure we're setting them up for success or whatever success looks like. i think everybody should be opening their doors because this is a shared responsibility and putting migrants in your home. maria: this gets more bizarre every day. the white house and the pentagon are urging the house to move quickly passing the $95 billion foreign aid package. the legislation includes more than $60 billion for ukraine, 40 billion in security assistance for israel and 5 billion for the indo pacific region which is what we w

walmart was already selling a ton of vizio tvs. capital one wants to buy discover card for a staggering $35 billion in an all stock deal. this would be subject to government regulators who have been hesitant about allowing big mergers lately. capital one would then switch a certain percentage of cards over to discover from mastercard or visa. >>> a lot of talk on social networks as we get hit by rain again of cyber trucks rusting. tesla cyber trucks are made of stainless steel so they shouldn't rest and tesla executives say they're not rusting. a tesla engineer writing on social media it's surface contamination only, and can be cleaned off easily. bar keeper's friend works well. it's sort of of a soft scouring powder that generally won't scratch. here is a tesla fan and youtuber called bearded tesla guy showing us how it's done. a lot of car owners say it's probably rail dust, little specks of metal that contaminate the surface of new cars as they're being shipped. it's literally dust from the rails under a rail car made of metal,

. >> what do you make of the vizio deal? how does it fit? >> yeah, it's kind of a head scratcher for me. wal walmart's exactly 0 for, well, forever, on things that they've bought that are not retailers, you know? kind of got jet and bonobos and kind of hard to figure out what they're doing there, with the competitive brands that they sell, but -- you know, i -- it's hard to second-guess them, you know, they've really done a great job repositioning themselves, so, they must have a plan. i know they said they want to try to build their advertising business, but we'll see. >> how big -- how big a factor going forward will the advertising business be? i wasn't even aware they were that big in advertising, but evidently they are. >> well, you know, if you look at their business, it's still retail. it's still just a massive retail operation. and you kind of look back at the last ten years, over the last ten years, they've added $200 billion in top line sales, top line revenue, a lot of that is through third party online. but they've made a billion

meanwhile, this morning, wal-mart has just agreed to buy tv maker vizio. $2.3 billion cash deal that gives wal-mart more platforms to reach shoppers. viz owe's smart tvs include free ad supported streaming and wal-mart is the biggest seller of vizio devices. >>> the two largest credit card companies in the country are joining forces. capital one says it's buying discover financial services. the $35 billion all stock deal would give capital one shareholders 60% of the company. discover shareholders would get 40%. the marger is expected to face tough antitrust scrutiny once finalized. >>> delta is offering a flight to detroit that is out of this world. the special flight takes off from austin, texas on april 8th and then there's a total solar eclipse that day and this flight is timed for the best chance of safely viewing the eclipse at its peak. spending as much as time as possible in the path of totality. the plane will be an airbus with extra large windows for the best possible view. >>> and starbucks is offering a pork flavored coffee at its stores in china to mark the lunar new yea

that works out to be about $11. 50 per vizio share.il earnings report out this morning. it's home depot. shares of america's biggest home improvement retailer are down by just about 2%, roughly 35,000 shares of volume. it did beat profit, it did beat revenue estimates, but it's said that full-year sales growth would be roughly 1%, which was shy of the 1.6% consensus estimate. cfo richard macphail did note that falling lumber prices and rising interest rates took a toll on home depot's business. and we'll end on the merger monday story that became a takeover tuesday one, that's capital one financial, agreeing to buy discover financial in an all-stock deal worth roughl ly 5 billion. it creates the biggest credit card issuer by loan volume. capital one plans to keep that discover brand after the deal is done. it always uses both visa and mastercard's payment networks. the new company will be 60% owned by capital one shareholders and 40% by discover, andrew. so a big deal there for discover, and capital one. you can see discover shares up

i think they can go to $4 billion the vizio deal is not accretive yet, but i think it will be next yearon going into the dow on monday bezos selling some more shares great piece in the "journal" about how nobody wants warehouses in their neighborhood, jim, but they still want next-day delivery >> there's a warehouse country in the lehigh valley, and you get there, and you're looking at it and saying, is that a vet area 51 installation no, it's amazon. amazon's up. very little money is indexed to the dow, so that is just ridiculous is it as ridiculous as nikesh's stock being down 90 to $100? kind of. but i think that one of the things that i'm grateful for is that it looks like that bezos is done selling 50 million share >> the 50 handle >> and maybe we can go back to talking about how good jassy is. >> the other one, uber going into the transports, replacing jetblue. bernstein today, looking at how uber went from being a money-losing stunk, in their words, to a name that's returning capital, transport-worthy, asking which is the next one. >> and what happened was this moment that people

vizio, a warning bell, according to elizabeth warren. she put this in a post, but they will be looking to extend that dominance. walmart gained on strong results earlier in the week. this is bloomberg. ♪ were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? we just got back from her sister's in napa. who gets married in napa? my daughter. who gets married someplace more expensive? my other daughter. cancun! jamaica!! why can't they use my backyard!! with empower, we get all of our financial questions answered. so we don't have to worry. can we get out of here? i thought you'd never ask. join 18 million americans and take control of your financial future with a real time dashboard and real life conversations. empower. what's next. ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) -awww. -awww. -awww. -nope. ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. caroline: potential ipo's. reddit publicly filed. there

walmart staying on top the company also announcing it would acquire smart tv maker vizio.hey told our u.s. colleagues the big box retailer has succeeded at keeping prices neutral. >> people are always looking for value, and so we want to offer that to them across our entire assortment, food, consumables, general merchandise, apparel, everything, and we also want to do it with private brands in additional to brands we think it matters, and we think we've done a good job of keeping our prices within range and providing rew e leaf to our customers that they've been experiencing. >>> amazon is expected to replace walgreens in the dow jones industrial average next week that's prompted by the pharmacy retailers decision to split its stock. shares of amazon jumped on the news while walgreens slid into the red. it will be the first addition to the dow since 2020 when companies including salesforce and pfizer joins. >>> nvidia is expected to pacific northwest a surge in revenue amid a hot chip and do dee panhandle. they replaced tess lo in stock after becoming the third most valuab

yes, their earnings topped expectations, they are also buying smart tv maker vizio. keep an eye on that stock. this is "bloomberg technology." ♪ it should be called wiffle tennis. pickle! yeah, aw! whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? got him. good game. thanks for coming to our clinic, first one's free. >> it coin is the exit strategy. it is the strongest asset. so, what we see right now is that bitcoin has just emerged as a $1 trillion asset class. and it is alongside names like apple and google and microsoft. but the difference between bitcoin and the magnificent seven is bitcoin is an asset class. there is not enough room in the capital structure of those companies to hold $100 trillion worth of capital. caroline: of course that was microstrategy chairman michael saylor there. of course, pretty long bitco

knocking the cover off their own ball in terms of earnings and revenues and announcing the acquisition of viziosee what target reports and what lowe's reports to see if earnings continue to beat all the expectations coming into fourth quarter. as it stands right now, the blended s&p earnings growth rate for the fourth quarter, positive 3.2%, just two weeks ago it was negative. cheryl: mark, i want to mention something to you. let's talk about ozempic. you mentioned lilly. one thing you pointed out is that lilly actually has a big br market cap than tesla because of munzaro. ozempic is the brand name. there are oral versions, et cetera. that was another big trade for 2023. so is lilly something that you like right now? is that something you would recommend we look at? >> yeah, and we own lilly already. look, there was all this talk about the magnificent seven last year. so far this year, the magnificent seven is down to maybe fantastic four or fab five if you throw eli lilly into the mix. eli lilly overtook tesla's market cap. that's about demand. there's demand for the drugs. munzaro has been p

walmart also reporting softness and vizio.ompany is starting to sound and look a whole lot more like amazon. lisa: at what point is walmart attacked company? they are hiring more tech people than anyone else? i'm struck by the diversity and size. how depot is in the home market but out walmart they can capitalize on whichever level. jonathan: capital one agreeing to buy discover and a 35 billion deal by creating the largest credit card company. capital one saying the deal will build a payment network that can compete with the largest payment networks. lisa: when you look at what is going on in washington. they promised they would look more carefully when it comes to antitrust enforcement. annmarie: is there potential that this still does not go through because they will say this is too big and ruin competition? lisa: who is the they will say this is too big and ruin competition? competition for credit cards? is it other credit cards or affirmed? you start to wonder whether the rationale starts to be no and how much conviction

they said they are buying the tv smart maker vizio.so an attempt from wal-mart to grow their advertising business. >> and lastly the chip maker nvidia stock rally just won't quit, and it's now replacing tesla as the most traded stock on wall street. please tell us about it. >> that's right. so nvidia is now replacing tesla as the most traded stock in wall street. and the reason behind that is how investors are so bullish on a.i. now, we're going to hear from nvidia later on today. they're reporting their fourth quarter results today, and one of the open questions among the investors really is whether the company will manage to continue their out-performance. just to give you an idea their shares have more than tripled in the last year. so we have scene a significant performance from this stock. the question is whether this will continue going forward. >> all right, cnbc's silvia amaro bringing us business news live from london. thank you as always. >>> still ahead here we'll bring you the outrageous remarks from donald trump in his tow

. >>> we mentioned the walmart/vizio deal at the top of the hour, weighing on shares of roku. down 29% in just two sessions. by the way, walmart's ceo will join jim on "mad money" tonight, that's a big interview. that catch at 6:00 p.m. on maryland. >> >>> shares of western midstream are spiking. occidental petroleum, which owns 49% of this natural gasline operator is exploring a sale of western main stream. we reached out for comment and we'll let you know if we have an update. >>> elsewhere, real estate has been an underperformer lately. no surprise. but the potential rate cuts on the horizon, are there opportunities starting to grow in the sector? dom chu has a look. >> so real estate, of course, being hit hard because of aspect tied to what's happening with interest rates. if you look at the sector overall, it's been an underperformer in the past year, down roughly 3% to 4% versus a 23% gain for the s&p 500. so are there ways to screen out from where there are possible opportunities? if you look at this particular way that we approached it, you look at the sector overall.

walmart buying television maker vizio.lysts say that deal gives walmart a big boost in the electronics division, which has much bigger profit margins than food and clothing. now on that news, walmart stock shot up close to $10 a share. it is part of the dow jones index, so offsetting some of the losses there, tech stocks are down today though a live look there. the dow jones down just a little bit. the s&p 500 down more than a half of a percent. the nasdaq taking the biggest hit with a lot of tech stocks there nvidia leading the way down the chip maker bay bay area based nasdaq down almost 200 points right now. the other big deal in the works involves two of the nation's largest credit card companies. capital one announced it is buying discover financial services for $35 billion. that deal would reportedly put the combined company past competitors jp morgan chase and citigroup. in terms of credit card loans. now capital one already uses visa and mastercard, but is expected to continue operating that discover brand. the dea

yesterday, that walmart was getting into the smart tv manufacturing business with its purchase of vizioand big day for silicon valley, nvidia reports today. this stock sank on tuesday, investors thought surely this company's long string of wins can't continue. it can't keep surprising us, right? the santa clara chip company now the third most valuable company in the united states, bigger than google, bigger than amazon. its stock is up fivefold in less than two years, revenue up 210% this year. >>> the fbi, along with law enforcement agencies from france and the uk and nine other countries have seized software, data and a website belonging to a russian-linked gang of hackers called lockbit. lockbit has been holding u.s. companies' data for ransom and now the good guys are holding on to lockbit's website and its data. they're counting down to the release of personal information just like hackers would. at least four people have already been arrested. >>> the biden administration will announce more student loan relief today, the department of education's program, borrowed less than $10,00

watch live new newscasts and stories on demand on your amazon fire tv, roku, apple tv, android tv or vizio. just search for the fox local app, then select ktvu. >> many cities and counties have been taking steps to prepare for those incoming storms. ktvu south bay reporter jesse gary explains the work to prevent flooding, and also the shelters that are set to open over the weekend. >> ominous clouds friday a precursor to a series of storms that are targeting the bay area. >> the second storm will have more of a punch than the first storm. strong winds and heavier rain not necessarily much more rain. it just will fall harder, faster and maybe generate some local flooding concerns. >> san jose officials say crews have previously cleared debris from 35,000 catch basins that are spread throughout the city. they warn residents to brace for possible localized flooding. >> we are going to get a good dose of rain, so we're keeping our eyes on the creek levels as well as the streets looking out for flooding. in either case, unhoused residents living along area waterways are especially vulnerable to

they're buying vizio, the tv people, for $2.3 billion.o sell more tvs, to buy the advertisement universe. they also raised their dividend by over 9%, and the stock splits 3 for 1 this friday. stuart: wonderful. it's up 4.6% right now. lauren: yeah. stuart: now take me to home depot. lauren: the moral of the story you might redo your kitchen cabinets, you're not redoing your entire kitchen. both the number of transactions and the amount of dollars on those transactions declined. going forward, soft report, soft forecast. home depot sees foul-year -- full-year same-store sales falling. stuart: heather zumarraga with us this morning. in fact, you're going to stay for the entire hour, aren't you in. >> yes, sir. stuart: okay. what do the walmart and home depot earnings tell us about the economy and consumers in. >> right. well, it's a mixed bag right now. walmart's earnings were, obviously, great. the world's largest retailer, the online sales were stellar. ceo doug mcmillan saying going into holiday shopping season they had thest volume. hom

now, as the question of how walmart buying vizio would impact roku, it hasn't come up yet on the callku's ceo on "squawk box" tomorrow morning and are sure to learn more. melissa? >> julia, thank you. julia boorstin on roku. >> stock went from 56 to 106 in, like, a week, and now we're seeing this pull-back. where do you get in? well, 80 is going to be a huge level, just based on the math i just gave you. and this is a pretty significant decline, but this is a volatile stock, so, i think instead of looking for places to sell it, you say, you know what, line in the sand is 80 bucks, i'll take a shot there. >> you know, given the time we spent about that sports bundle and all the confusing stuff in and around, like -- >> the last thing you want is a roku. >> they might benefit. this company has never -- or hasn't turned a pro fit since 2021 and that was because the weird dynamics during the pandemic and i say, here's a low double budget percentage a year grower in revenues that is expected to lose money for the next couple years. i just don't know what the upside is here. >> i think ther

. >> and, of course, advertising now with acquisition of vizio. gerry storch, thank you for joining us. >>> well, the major averages finished lower, including the dow, despite amazon's addition to the industrial. that's going to do it for "overtime." >> "fast money" starts now. >>> live from the nasdaq market site in the heart of new york city's times square, this is "fast money." here's what's on tap tonight. a google glitch. shares of parent company alphabet sinking 4% today as it struggles to get footing in the a.i. race. google's now fallen into negative territory for the year. why can't this once unstoppable stock seem to get out of its own way? >>> plus, opportunities abroad. berkshire is betting big on the japan. and the ambassador is here with his own picks in the region. why he's got a yen for investing. >> oh, my. >>> later a new entry in the weight loss industrial. bitcoin's big bounce. and zooming in on zoom earnings, where shares are going next. i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- ti

. >> they killed on revenue, earnings and the acquisition of vizio, which is only going to provide more for the economy. and you've got microsoft. do you own microsoft and you're adding to it right here? >> we do. i think microsoft's going to be the ultimate winner of the a. a.i. race, if you will, they pay a decent dividend, just below 1%, trading at an attractive valuation. charles: what are you worried about? sounds like there's some uncertainty, but for the most part it feels like in your mind if all this uncertainty will be over, over the course of the next half of this year? we'll probably rally into next year and we'll be, you know, i mean, it sounds to me like you're pretty excited about what's going on. >> over the next three years, i've excited about the potential for both stocks and bonds once the fed starts cutting rates. my fear is if the fed stays too high for too long and we have a repeat of the 1980s when they kept rates too high for too long and we go into a recessionary period. charles: let's see. maybe powell's watching the show. >> hope friday. [laughter] charles: se

and shares of vizio surging on reports walmart is in talks to buy the tvmaker for more than $2 billion roku dropping 9% on that news. >>> fintech ceo sounding the alarm on the hotter than expected inflation print. he is not surprised. he says customers, more than half of whom hold down multiple jobs to make ends meet, are feeling that pinch. stuart, great to have you with us. >> thanks for having me. >> great to get your insight. i read the note and it said you don't think the fed is going to allow a lot of bankruptcies amongst this cohort, so, do you think there's a back stop in place, they will step in and cut before it gets too late? >> yeah, that's a good question. i think the inflation wasn't any surprise to us, because car insurance, renting, food price inflation, all these things that are essential, goods and services, the everyday american, were basically going up and never really went down that much. so, the blend is much higher. and we saw the spend increase. on top of that, we have buster, like, amazing job growth, which we saw in the january report. when you look at that, c

interesting though, this is a company that was mum on that deal between walmart and vizio, so i thinkwondering about competition coming in the pipeline. stuart: okay, got it. all right. we are how many minutes into the trading session? just over 5 minutes n. we are down 160 points. accelerating a little now, the downside, the selling, but we're still at 38,600, pretty close to recent all-time highs but down this morning. dow winners, chevron, american express. walmart and apple. apple's up a little bit today. next case, s&p winners headed by applied materials. let's see what else we've got, vulcan ferrell materials, they had a good report, i believe, ingersoll-rand on that list. not seen them for a while. nasdaq headed by tradedesk, jd.com, lam research, kla corporation. now, how about the 10-year treasury in news here. hotter than expected inflation numbers put the yield on the 10-year way up. you're back to 4.32%, up 9 basis e points. doesn't sound like much but the trend is not your friend here. the 10-year -- price of gold, barely above $2,000 an ounce. bitcoin right around $52,00

fire tv, apple tv, android tv, roku or vizio. just search for the fox local app and then select ktvu. it's a five year, $90 million project. >> backers say will create a safer street for pedestrians and muni passengers and cyclists. we're talking about san francisco's taraval street project, and while the work is being done for safety, merchants say it's destroying their businesses. ktvu tom vacar joins us now live from san francisco, and tom, some help is on the way for those businesses. >> there is. but consider this, and it's important to consider, by the time this project is completed late this year, it will have taken it will have taken as long or longer than the construction of the $1 billion sales force tower from scratch. merchants tell ktvu you that the project has been, is, and will continue to be a noisy, property, damaging and small business disaster at noriega furniture, a 76 year old legacy business. it's bad. >> it has destroyed based the economic infrastructure of all the small businesses on taraval. they tore up

are vizio tv sets any good? i guess they're all the same.t's not bad. >> walmart, they've got their own maker now. does that make sense? >> these are low margin products. >> they are. >> talk about low margin. >> they're in talks to possibly buy vizio for $2 million. they're not done yet. >> electronics is a big sales issue for walmart. >> you can buy all these things online, but, you know, the demise of best buy is greatly exaggerated. i need someone to tell me how to turn the thing on. there's the power button, tv button, there's a lot of things that goes into today's smart tv. >> i can't do it myself either. >> you can't. he's pretending like he can. >> i can. i can. >> because your kids do it for your you? >> no. because i can set it up -- >> like my kid, you could do it for me, i think. >> i am technically supportive to my family. >> you could be, age-wise. no other way could you be, but age-wise it's possible. if i fell in love very young. >> well, yeah. >> it's physically possible. >> when i was like in my early 20s. >> sure. >> i wou

it's a 65-inch -- walmart offers such incredible value on tvs that i would be shaking if they bought viziofor a 60-inch tv. >> it's really about leveraging their advertising business, so it becomes like a razor -- i mean, they'll sell you a razor for nothing. >> right now, i turn my tv on, carl, and i have a samsung. i've never clicked on that thing ever. never will. >> mine comes up every time. samsung tv comes up, and it's all these procedurals with all these actors you know, and i'm -- but i never watch them. >> they need money, the actors. >> i can't figure out how to get rid of it. >> i know, but you start -- i can't either. and it drives me crazy. i say to my kids -- sends me to a painting, which i really don't want. right now, i got a painting of the add irondacks. i go to samsung and it's a fire/cop show. >> i got to understand the economic model behind samsung tv shows. >> at samsung today, they're probably saying, what's the economic model? the top brass. anybody know? we made america know who we are. >> it's employing actors, so that's good. >> interesting, jim, speaking of walm

and you know, the more that other companies encroach, walmart vizio, it just seems like their opportunity as it might have been at one point >> they reached 80 million customers, which was a sort of new milestone. just want to mention coca-cola. carolyn everson was here, the board member. coke is in the news today. it did raise its quarterly dividend. lot of people own these kind of stocks because of the dividends that they get paid. it's one of the appeals of consumer staples. so, coke is lifting its dividend for 62 years, making it one of a very limited number of companies to do that annually for more than 60 years. it has that distinction. >> dividend aristocrats. >> pepsi raised the dividend in the middle of 2023. there's kind of -- there may be a little bit of a competitive dynamic here. >> a little bit. they've tracked over the years, and over the last20 years, coke has almost always had just a slightly higher dividend yield than pepsi. pepsi is, with the snack business, it's growthier, so it's a little bit less. >> pepsi up about 3%. coke is around 5%. >> yeah. coke's at 3.3% divid

this vizio tv at wal-mart was $528, now $348. that's cheaper than black friday's price.ngs on president's day is appliances. here at home depot, they have discounts across the board. but one that is particularly interesting is a ge dryer. lots of bells and whistles. it was $1349. now it's $898. we'll be back in the second hour of gma with more details, deals, including one on who doesn't love a power tool? i mean, this thing's cool. cleaning the aisles. [ laughter ] >> all right, becky. thank you very much. she'll be back within our next hour with more bargains. >> don't want to miss that. stick around for that. coming up next the nhl stadium series. it was a must see this weekend. commissioner gary bettman is here to tell us all about it for our "play of the day." there he is. there he is! ♪ ♪ is a rate based on you, with allstate. because you know that just because it fits in the cupholder doesn't make it 'to-go'. and you know how to brake, without breaking everything. and you're definitely not doing -okay, i don't even know what this is, but you're definitely not doin

w -of-vizio. what would that impact have on you? >> that's speculation.on active accounts, number one streaming platform in the u.s. last five years and importantly, why do we have 80 million accounts? great product. viewers love it. a very strong brand. viewers love the simplicity of roku. often multiple devices in a household. put it all together, also strong retail distribution both inside the u.s. and outside the u.s. all of that along with our focus on streaming our innovation, you know, our scale, our loyalty of customers our brand, all give me a lot of confidence we'll continue to go to distribution of our platform and 10 million new active accounts and add a lot more this year as well. >> certainly a lot of movement pnd news in your space. appreciate you joining us and hope you'll be back soon. anthony wood, ceo of roku. becky, back to you. >> thank you very much, julia. >>> when we come back, breaking inflation and housing data. january's look at the producer price index, which is way more important after that hotter than expected consumer price

walmart is buying tv maker vizio .al gives walmart a big boost in its electronics division, which has much bigger profit margins than food and clothing. and as that bell rings live, capital one announced plans to buy discover financial services. so what about my credit card? yeah, well, capital one uses visa and mastercard. according to the wall street journal. it does plan to keep that discover our brand, but we'll continue to follow that. it has some hurdles as government approval to get through first. but we'll have all your business news coming up. thank you for joining us here on mornings on two. i'm pam cook. >> now i know what's in your wallet. >> yeah very good. >> good morning i'm dave clark. tuesday morning it's february 20th a little cool and breezy out there but it feels good. rosemary >> yes. and no rain falling from the sky out there. no. no rain. not at the moment. yeah. we will continue with the isolated showers. and while we do have a breeze out there, the wind advisory has expired. winds have tapered