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Tom Essaye Joins Yahoo Finance To Discuss New CEOs

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Tom Essaye joins Yahoo Finance to discuss new CEOs

New CEOs at Walmart & Target: Furner wins as Fiddelke rebuilds

John Furner has taken over as Walmart’s (WMT) new CEO, and the company continues to outperform. Meanwhile, Target’s (TGT) new CEO Michael Fiddelke is still betting on innovation to spark a turnaround.

Yahoo Finance Senior Reporter Brooke DiPalma and Sevens Report Research founder Tom Essaye sit down with Opening Bid host Brian Sozzi to discuss.

Also, click here to view the full video published on Yahoo Finance on February 2nd, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Fed Meeting Preview

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What’s in Today’s Report:

  • FOMC Preview
  • Market Outlook for Fed Funds at Yearend: Chart

Stock futures are modestly lower on soft retailer earnings from yesterday as focus turns to the July FOMC meeting.

WMT is down 9% in pre-market trading after the retail giant slashed its profit outlook, citing inflation pressures on consumers which is driving risk-off money flows in pre-market trade amid a resurgence in recession fears.

Today, investors will begin to look ahead to tomorrow’s Fed announcement as the FOMC meeting begins this morning however there are also several important economic reports including: Case-Shiller House Price Index (E: 1.6%), Consumer Confidence (E: 96.8), New Home Sales (E: 664K), and the Richmond Fed Manufacturing Index (E: -10).

Earnings season also continues to pick up today with UPS ($3.14), KO ($0.67), GM ($1.40), GE ($0.38), and MCD ($2.46) reporting ahead of the bell while MSFT ($2.28), GOOGL ($1.28), and V ($1.74) will release results after the close.