This Changes Things hosts Baker Machado and Hope King give a recap of the day's biggest earnings reports. Walmart dips in the e-commerce division as it fights to compete with Amazon. Plus, Home Depot thanks the booming housing market for its uptick in sales this past quarter.
Walmart says sales rose steadily over the holiday season, but online sales growth actually slowed last quarter. Its e-commerce sales in the U.S. grew 23% in the quarter, which is down from 50% in the third quarter of 2017. Walmart cited operational snags as the reason for the dip in their e-commerce business.
Plus. the housing market helps Home Depot hit a home run. The number one U.S. home improvement chain said sales at stores that have been open more than a year rose 7.5% last quarter.
Abrar Al-Heeti, Tech Reporter at CNET, explains what will happen if and when the TikTok app is banned in the United States. Plus, who may buy it? Watch!
Chris Lafakis, Director at Moody's Analytics, discusses how home insurance may change as a result of the devastation in California brought on by the LA fires.
Brian Rosen, Founder and CEO of InvestBev, discusses what the Surgeon General’s new Advisory on Alcohol and Cancer Risk means for the adult beverage business.
Damage from the Los Angeles inferno is setting records—and it's not over. Plus, rate-cut drama, the battle over Greenland, and Zuckerberg bends the knee.
