Walmart Earnings, Cisco Shares Rising, and the S&P's Negative Track Record 8/17/23
Walmart reports earnings this morning following results from Target and Home Depot earlier this week. Jefferies' Corey Tarlowe previews the report. Plus, Cisco shares are rising on confidence over the company's AI capabilities. Deutsche Bank's Matthew Niknam explains. And, the S&P 500 is now on pace for its third negative week in a row. UBS Global Wealth Management's Mark Andersen and Truist's Keith Lerner discuss.
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