CNBCยท2025-11-20 13:09Group 1: Walmart's Performance - Walmart exceeded analysts' expectations for both revenue and earnings, raising its outlook for the second consecutive quarter, driven by a strong e-commerce business and an influx of new customers [2] - CFO John David Rainey indicated that Walmart attracted "value-seeking" customers from various income levels, and noted a rebound in sales as SNAP funds are being distributed again following a government shutdown [2] Group 2: Walmart's Acquisition Talks - Walmart is reportedly in discussions to acquire R&A Data, an Israeli startup focused on monitoring online marketplaces for scams and counterfeits, as part of its strategy to enhance online seller vetting processes [3] Group 3: Federal Reserve Insights - Minutes from the Federal Reserve's last policy meeting revealed a division among officials regarding interest rate cuts, with many suggesting no further cuts are necessary for the remainder of the year [4] Group 4: Housing Market Dynamics - The housing market is experiencing its strongest conditions in over a decade, but affordability issues are preventing many potential buyers from participating, with a noted 36% increase in sellers compared to buyers [9][10] - Rising mortgage rates for three consecutive weeks have contributed to a decline in demand from both current and prospective homeowners [10] Group 5: Market Reactions - Semrush shares surged by 74% following Adobe's announcement of a $1.9 billion acquisition deal for the search engine marketing firm [11]