Higher Profit Margins than expected as offered fewer discounts. All that bodes well for walmart which is due to report a 4 rise in sales. Results from the Worlds Largest retailer should also a glimpse into demand for back to school items. Traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail jd. Com Beat Analyst Forecasts for Second Quarter revenue, which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its Product Range expanded. It was a different story over at tencent where Earnings Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weake
again you can see senator ted cruz there at the memorial. you can hear the emotion in that room and, obviously, right there you can see family members wee weeping. when we come tonight, we come with broken hearts. we come in disbelief and we come with pain and anguish. reporter: the pain here in uvalde being felt all over the country. 21 people killed in this attack. 19 of them young children. 17 others injured and it comes ten days after the max shooting in buffalo. cnn has been oak here more than 24 hours reporting this story. adrian, this has been so emotional, each as we learn more information about what took place here. reporter: certainly, john, when words escape us, sometimes music soothes, almost like we saw yesterday at the vigil when that violin just filled the silence as those parents and members of the community wept. you talked about this, two additional funerals were held yesterday for the buffalo shooting victim itself on the same day we learned about t
higher profit margins than expected as offered fewer discounts. all that bodes well for walmart which is due to report a 4% rise in sales. results from the world s largest retailer should also a glimpse into demand for back to school items. traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. staying with retail jd.com beat analyst forecasts for second quarter revenue, which rose more than 7% to nearly $40 billion. the chinese e commerce giant s focus on lower priced products paid off in the fight for customers amid an economic slowdown. the company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its product range expanded. it was a different story over at tencent where earnings results came in below estimates in the second quarter. revenue grew 11% to just over $20 billion. tencent s core gaming
decision. thank you. i never heard of anything like thanks let s go on cnn business looking at marks around the world, a mixed performance in asia, those are now closed. futures are mixed here. no real decisive trend there justette yet. we ll see when the market opposite in a few hours. u.s. markets across the board the reserve will keep raising interest rates to tamp down inflation. there is retail as well, kohl s jumped nearly 12% on word that bidders are continuing to buy the company. nordstrom beat analyst forecasts and raised the outlook for the year. finally, the business of guns, ammunition makers usually rise after mass shootings, investors anticipating a spike in sales ahead of calls for stricter gun