Consumer trends, Walmart, Chinese economy: Catalysts

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On today's Catalysts, co-hosts Seana Smith and Madison Mills explore the latest trends in consumer behavior, retail sales data, and this morning's top-moving stocks.

The focus is on consumer spending after Walmart (WMT) reported second quarter earnings that beat expectations for both revenue and profit. Fortune tech correspondent Jason Del Rey joins the program to comment on how Walmart's positive results might signal a weakening consumer landscape.

The show then covers a range of trending stocks, including Ulta Beauty (ULTA), Robinhood Markets (HOOD), and Dutch Bros. Inc. (BROS), which is receiving positive attention following a UBS analyst upgrade to Buy.

Lastly, the recent appointment of former Chipotle (CMG) CEO Brian Niccol as the new chief executive of Starbucks (SBUX) is reviewed. His compensation package, valued at $113 million, positions him among the world's highest-paid CEOs.

This post was written by Angel Smith