In today's Stock Club we discuss Walmart's press release in which it forecast a drop in profits for the rest of the year. As the country's largest retailer, it casts a long shadow and warnings of tough times ahead as inflation puts pressure on the U.S. consumer rocked the retail sector. What does this mean for the wider economy? In this episode, we also discuss: Snap’s earnings, the TikTok effect, and what this means for other ad platforms. And Emmet answers your questions on the gene-editing industry.If you want to hear Rory's 17-minute elevator pitch, make sure to listen to the extended version of the podcast in the MyWallSt app by going to mywallst.com.MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.--- Send in a voice message: https://anchor.fm/stock-club/message Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.