The Real Eisman Playbook — Walmart & Target Signal Consumer Stress as the 10-Year Yield Hits 4.6% | The Weekly Wrap

- The 10‑year Treasury yield breached 4.6%, leading the host to lighten equity positions and warn that further rate hikes could pressure stocks. - NextEra Energy’s all‑stock purchase of Dominion Energy gives it 75% control of the world’s largest regulated utility, targeting data‑center power demand. - Target delivered a 32% EPS beat and 5.6% same‑store sales growth, yet warned that fading tax‑refund benefits and higher oil prices could hurt future performance, sending the stock down 7%. - Walmart’s revenue edged above estimates but EPS met expectations; the company forecast Q2 EPS of $0.72‑$0.74, below the $0.75 consensus, signaling consumer weakness. - Bank of America reinstated coverage on Salesforce with an underperform rating, highlighting muted net‑new customers, limited upsell potential, and an underwhelming AI monetization path, contributing to a 35% YTD drop. - Intuit’s earnings beat was offset by the slowest revenue growth since 2024 (10%) and a 17% workforce cut, causing a sharp share decline. - Nvidia reported $81.6 B revenue, up 85% YoY, with gross margins rising to 75% and EPS of $1.87, but the stock barely moved after hours despite the beat. - Home Depot and Lowe’s both posted anemic 0.6% same‑store sales increase and earnings that fell short of year‑over‑year levels, leaving the building‑products sector lagging the broader market by roughly 1,200 bps. Watch on YouTube