Shares of Walmart plunged after the mega-retailer said earnings in the holiday quarter were lower than expected. Online sales growth also slowed to just 23%, down from 50% in the previous quarter.
Meanwhile, NXP Semiconductors saw shares jump on news that Qualcomm was raising its offer for the rival chipmaker. The American semi-manufacturer is now willing to pay $44 billion for the company, as it tries to fend off a hostile takeover bid from Broadcom.
And we check in on shares of Fox on news that the company will start its own streaming service "Fox Nation," aimed at so-called "superfans." This comes as the network is seeing record high ratings.
RedFin's Chen Zhao joins Cheddar to breakdown the current state of the housing market in the United States and what prospective homebuyers need to know. Watch!
That's what his former Commerce secretary says in this interview. Plus: IRS audits, TV news ratings, nasty insults, Minecraft, Prada, and the Panama Canal.
Jeremy Jansen, Head of Global Supply Chain and Trade Sales at Wells Fargo, helps us understand how trade will be affected by tariffs implemented by Trump.
Kory Kantenga, Head of Economics for the Americas at LinkedIn, talks the current state of the labor market and how it has evolved since the pandemic. Watch!
