Walmart Beats, Cisco CEO Exclusive, Fed for Thought: Ten-Year Yield Hits 2008 High 8/17/23

Published: Aug. 17, 2023, 2:35 p.m.

b"Jim Cramer and Sara Eisen began the show with reaction to Walmart's better-than-expected quarterly results and raised guidance. Why was the stock volatile on that news? Cisco CEO Chuck Robbins joined Jim and Sara at Post 9 to discuss the company's earnings beat and AI outlook which helped to lift the stock. Also in focus: The ten-year note yield hits a fresh 15-year high following the release of Fed Minutes on Wednesday, Amazon and Mark Cuban's drug firm play a role in shares of CVS tumbling, an earnings miss for Coach parent Tapestry, China's challenges and what its premier said about achieving growth targets.\\n\\n\\n\\nSquawk on the Street Disclaimer"