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Walmart has always been a value player and it’s leaning into that at a time when many Americans are struggling.

“More than half of holiday shoppers (56%) say the state of the economy will affect their holiday spending plans this year,” according to the National Retail Federation’s annual consumer survey conducted by Prosper Insights & Analytics. “Among those consumers, 43% plan to shop for sales more often, 31% will comparison shop online more often and 29% will use coupons more often, among other strategies to make the season more affordable.”

Walmart plans to address those concerns by holding three major holiday shopping events from November 12 through December 2, bringing savings on gifts, seasonal favorites and everyday essentials.

It’s a simple strategy designed to give shoppers more value as people try to celebrate the holidays while staying within their budget.

Walmart meets consumers where they are

“With affordability top of mind, holiday shoppers are taking a thoughtful approach to spending, balancing value with preserving traditions that make the holiday season special,” NRF Vice President of Industry and Consumer Insights Allison Zeller said.

Walmart, with its three sales events, is trying to deliver that, according to a press release.

Early Black Friday Deals: November 12-15

Event begins on Walmart.com at 12:01 a.m. ET and in stores at 6 a.m. local time.

Walmart+ early access to hot Deal drops also begins at 12:01 a.m. ET on November 12. Any remaining hot Deal drop items will open to all customers at 12:01 a.m. ET on November 13.

Black Friday Deals: November 23-29

Event begins on Walmart.com at 12:01 a.m. ET and in stores at 6 a.m. local time.

Walmart+ early access to hot Deal drops also begins at 12:01 a.m. ET on November 23. Any remaining hot Deal drop items will open to all customers at 12:01 a.m. ET on November 24.

Cyber Monday: November 30–December 2

Event begins on Walmart.com at 12:01 a.m. ET.

Walmart did not share what would be different with each of the three sales. Instead, it offered a broad preview of the events.

“Customers can explore thousands of gifts under $20, discover the season’s most-wanted toys and find elevated fashion, beauty and home favorites at Walmart prices. Walmart’s Top Toys list also makes gift hunting easier, with 25 toys on this year’s list priced under $25,” the company shared.

During both the Early Black Friday and Black Friday events, select online-only deals will be reserved exclusively for Walmart+ members for the first 24 hours, while supplies last, giving members an early opportunity to score savings on holiday gifts.

Walmart will hold three holiday sales events.Icatnews/Shutterstock.com

Walmart is seeing wealthier shoppers

Walmart CEO John Furner commented on where the chain has been succeeding during its second-quarter earnings call.

“For Walmart U.S., I feel good about how the underlying business is performing. The team delivered strong sales growth in categories like toys, pantry and fresh, and we continue to see growth from higher-income households,” he said.

Furner also explained what he sees customers looking for.

“First, everything we do starts with serving customers and members as an omnichannel retailer. Core to that is delivering value and maintaining price leadership. As we said coming out of Q1, customers tell us they’re still feeling some pressure, but it’s clear. Customers are looking for value and convenience and they want things fast, and that’s where Walmart shines,” he said.

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RTM Nexus CEO Dominick Miserandino thinks that Walmart is trying to get a holiday jump on its rivals.

“Walmart is trying to get the customer to check Walmart first and then keep coming back,” he told TheStreet.

Holding multiple events, he added, is a smart strategy.

“Spreading the deals across three events gives them multiple chances to capture the same holiday budget before it goes to Amazon, Target or somewhere else. The Walmart+ early access is smart too, because the discount becomes a reason to keep the membership, not just a reason to buy one cheap television,” he shared.

Related: Costco copies a popular Trader Joe’s collectible

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Why we love this deal

Coffee tables get used for just about everything, from setting down your morning beverage to keeping the TV remote handy. While it’s easy to set things down on the surface because it’s convenient, it can also create a mess that keeps getting bigger. A table that gives you room for everyday items, along with places to stash items out of sight, makes the space easier without adding extra storage furniture along with your coffee table. 

The Tomnk Fluted Storage Coffee Table offers four storage compartments, including closed and open storage, to set the TV remote, books, and decor, keeping them nearby and accessible while also keeping the room tidy. This coffee table is just $70, plus an additional $20 shipping fee. For $100, this is still a fantastic price compared to other available options, and it’s highly rated. 

Tomnk Fluted Storage Coffee Table, $70 (was $90) at Walmart

Courtesy of Walmart

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Why do shoppers love it?

This coffee table combines a warm walnut look with a practical two-tier design that includes multiple storage options. The wood-grain veneer has a natural walnut finish, which looks good with a range of styles and fits in with a variety of decor. It also provides an easy-to-clean, water-resistant coating in case of accidents. The unit has two open shelf cubbies to set items you want to be able to grab quickly, like gaming controllers, while the closed cabinets can hold messier items, hidden by a beautiful round fluted cabinet door that adds texture to the space. 

Related: Walmart’s $47 set of nightstands double as mini dressers with spacious drawers

The tabletop measures 39.3 inches wide and 19.6 inches deep, while the whole coffee table stands 17 inches tall. The open shelves measure 17.5 inches wide and 7 inches tall, providing plenty of room for books, coffee mugs, or decor on the top while also offering a good amount of storage space for the footprint. The table has thick alloy legs for support that have adjustable foot pads that can easily level out the table on uneven flooring, and have a matte-black finish that looks sleek and modern. The Walnut and black colors are both the same price, while the other colors have different table designs at various prices. 

Details to know

Size: The full coffee table measures  39.3 inches wide, 17 inches tall, and 19.6 inches deep. 

Storage: It features two open shelves and two closed fluted cabinets.

Colors: Choose from Walnut or black.

One buyer wrote, “It’s a great coffee table! The built-in shelves make organizing a breeze. It looks great, and assembly was easy.”

Another reviewer wrote, “I love the little storage on the sides to tuck away the kids’ toys when guests are coming. It feels pretty good quality, and the color looks great.”

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The Tomnk Fluted Storage Coffee Table combines storage space and a large tabletop wrapped into a chic design. The fluted cabinets and deep Walnut color look sophisticated, and the storage space is practical and convenient for everyday use. This coffee table is on sale for just $70 plus shipping at Walmart. 

Mark Zuckerberg told Meta’s board he was considering leaving California over a potential Proposition 40 tax bill, according to Meta’s filing with the Securities and Exchange Commission (SEC).

The chief executive’s estimated tax liability exceeds $11 billion under the proposed billionaire wealth tax on the Nov. 3, 2026, ballot, Forbes reported.

Proposition 40 would impose a one-time 5% assessment, payable in annual installments over five years, on any California resident worth at least $1 billion as of January 2026, the Legislative Analyst’s Office showed.

Proponents led by the Service Employees International Union-United Healthcare Workers West (SEIU-UHW) project the measure could raise $100 billion. The initiative directs 90% of proceeds to healthcare programs, Fortune reported.

Zuckerberg struck a deal with Meta’s board to create nonvoting stock that covers his potential tax bill. That arrangement turned a routine corporate filing into a flashpoint for a campaign already changed by billionaire departures and record opposition spending.

Also read: J.P. Morgan flags gathering storm in U.S. wealth taxes

Meta’s new Class C stock gives Zuckerberg a financial workaround

Zuckerberg currently controls roughly 60.6% of Meta’s total voting power through his super-voting Class B shares. Selling enough of those shares to cover the liability could have dropped his voting stake to 53%, a governance risk, the SEC filing stated.

The workaround is a new class of nonvoting Class C common stock distributed to all shareholders as a dividend-structured stock split. 

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Zuckerberg can immediately sell up to 20% of the Class C shares he receives to cover any liability under Prop 40. That arrangement represents 10% of his overall economic stake in Meta without reducing his voting control.

In exchange for that financial cushion, Zuckerberg committed to remaining a California resident for eight full years, CBS News reported.

Zuckerberg would be “effectively paying to serve as the Company’s chief executive officer while residing in California,” the filing stated bluntly.

Stanford economists project Prop 40 could leave California $39 billion worse off

Researchers at Stanford University’s Hoover Institution estimate the proposed tax would collect less than the $100 billion proponents expect.

Benjamin Jaros and Joshua Rauh project the tax would yield roughly $30 billion, according to a National Bureau of Economic Research (NBER) paper.

The paper puts that estimate in the $28 billion to $36 billion range, depending on assumptions about how the state’s wealthiest residents leave.

Six billionaires publicly departed California before the Jan. 1, 2026, residency cutoff, removing $536 billion from the proposed tax base, the Hoover Institution reported.

Those exits included Google co-founders Larry Page and Sergey Brin and Palantir co-founder Peter Thiel, erasing nearly 30% of the taxable wealth base, Fortune reported.

Once future income tax losses from those departures are factored in, Prop 40 would leave California $38.9 billion worse off. In 100,000 simulations with different revenue assumptions, the NBER paper estimated that 85% of scenarios resulted in a net financial loss for the state. 

In an NBER working paper series, economists Emmanuel Saez and Gabriel Zucman counter that departures would take 25 years to erode the projected windfall.

Stanford economists estimate California’s proposed Prop 40 billionaire tax could leave the state $39 billion worse off, despite projected revenue gains.JHVEPhoto / Getty Images

Billionaires and politicians split heading into the Nov. 3 vote

The wealth tax fight has split California’s political establishment and its billionaire class, with hundreds of millions flowing into the campaign. Tech billionaires have committed more than $340 million to defeat Prop 40, with Google co-founder Brin contributing more than $100 million, Fortune reported.

California Governor Gavin Newsom endorsed Proposition 42 on Oct. 9, a competing measure funded by Brin that would ban retroactive taxes on personal property, Cal Matters reported.

The California Democratic Party endorsed Prop 40 despite the governor’s opposition, exposing a rift within the state’s majority party over the tax, Bloomberg Tax reported.

A Berkeley-Politico poll found that support for Prop 40 dropped from 50% in February 2026 to 45%, while opposition rose from 28% to 43%, The Hill reported.

Nvidia CEO Jensen Huang took the opposite stance from the departing billionaires, telling Fortune he had no intention of leaving California over the tax.

<strong>The fact that I can afford to pay $8 billion in taxes over five years is a privilege</strong>.

At a Stanford event, Huang also urged executives to move to California, calling the state’s talent pool irreplaceable.

What California voters should weigh before casting their Nov. 3 ballot

The Nov. 3 ballot does not offer a simple yes-or-no choice on the wealth tax. 

Propositions 41 and 42 are countermeasures designed to nullify Prop 40 if either receives more yes votes than the wealth tax. Prop 40 can be overridden if either Prop 41 or Prop 42 receives more yes votes, a dynamic that Fortune noted creates strategic complexity for wealth-tax supporters.

The nonpartisan Legislative Analyst’s Office (LAO) projects the tax would generate tens of billions in temporary revenue while reducing annual income tax collections by under $1 billion, a gap that underscores the trade-off between a large, one-time windfall and a smaller but permanent drag on recurring state revenue, Fortune reported.

That trade-off plays out against a widening national wealth gap. The wealthiest 1% of American households held a record 32.5% of total national net worth in early 2026, while the bottom half held just 2.3% during the same period, Federal Reserve Bank of St. Louis data shows. 

Senator Bernie Sanders and Representative Ro Khanna, two of the measure’s most prominent backers, have both pointed to that divide in pushing voters to pass Prop 40, NBC News reported.

The Nov. 3 outcome will signal whether a state can tax concentrated wealth at scale without accelerating the capital flight that erodes the revenue it set out to capture.

Related: Billionaire Ray Dalio sees dangerous risk inside US wealth tax

Elon Musk has spent years selling investors on rockets, satellites and electric cars. His newest pitch is about something far less flashy: warehouses full of servers that other companies are lining up to rent. That shift is now showing up in the numbers, and SpaceX earns more from artificial intelligence than from anything else it does.

For one chipmaker in particular, that is welcome news. Musk used SpaceX’s latest earnings call to clarify which hardware will power the next phase of his AI buildout. It was not a passing mention. The name he kept coming back to was Nvidia.

SpaceX’s AI business takes center stage

SpaceX reported third-quarter revenue of $14.6 billion on Oct. 20, 2026, up 161% from a year earlier, while its AI unit, now called Super Intelligence, grew ninefold to $7.56 billion. Revenue came in well above analysts’ expectations, and shares climbed about 8% in extended trading after the release.

Also read: Bank of America sends SpaceX stock investors strong signal

The quarter also marked a turning point on the bottom line. SpaceX posted $4.4 billion in net income, its first profitable quarter since going public. The AI surge was driven by new cloud agreements, the August purchase of the coding platform Cursor, and growing adoption of Grok.

The AI segment has now outgrown the businesses that made SpaceX famous. Super Intelligence brought in more revenue than Starlink and the rocket business combined, and 84% of the quarter’s capital spending went toward it. Spending still topped revenue, though the gap narrowed. That is a remarkable shift for a company built on reusable rockets.

Wall Street noticed quickly. Bank of America lifted its outlook on the stock on Oct. 22, citing a quarter in which the AI arm posted its first operating profit and surpassed the Starlink connectivity business, TheStreet reported. The bank’s optimism rests on results that beat forecasts across the board.

Renting out computing power is paying off

Much of that growth comes from leasing capacity to other AI developers. Anthropic agreed to pay SpaceX $1.25 billion a month through May 2029 for compute across its Colossus clusters. Either side can exit the deal on 90 days’ notice after an initial period.

Google signed a similar agreement in June, committing to pay $920 million a month from October 2026 through June 2029 for access to roughly 110,000 Nvidia GPUs and related hardware. That is a lot of Nvidia silicon earning rent for SpaceX.

Musk argues SpaceX has a built-in edge in building this capacity. He compared assigning his rocket team to data centers to “the New York Yankees playing in Little League.” He also said even older Nvidia H100 chips are now renting for more than they did when they were new. He added that SpaceX could rent out its compute several times over if it said yes to every request.

That pricing power is already feeding into guidance. SpaceX expects first-quarter 2027 revenue of $33 billion to $37 billion, and its finance chief said prices for new capacity were running slightly above the top of the range discussed a quarter earlier. That outlook is more than double the company’s latest quarterly sales.

Nvidia’s finance chief has also pointed to strong growth ahead. CFO Colette Kress said in August that Nvidia expects revenue to grow 70% in fiscal 202.Sean Gallup / Getty Images

Colossus II will lean heavily on Vera Rubin

The detail that matters most for Nvidia came when Musk described the next phase in Memphis. In the earnings call, he said SpaceX’s new compute next year will be primarily Vera Rubin, with plans for a training cluster of 440,000 Vera Rubin computers by the end of the second quarter. He added that he expects a shortage of AI computing power to last a long time.

Those are complete systems rather than standalone chips, and full systems carry a bigger price tag than chips alone. Vera Rubin, a platform built from 1.3 million components, is designed to deliver 10 times the performance per watt of Grace Blackwell, according to TheStreet, which reported in March that the platform had entered full production.

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That buildout lines up with Nvidia’s own forecasts. CEO Jensen Huang said in March that he sees at least $1 trillion in orders for Blackwell and Vera Rubin through 2027. That was double the commitment in demand he had cited a year earlier. Big commitments like SpaceX’s are what that projection depends on.

Nvidia’s finance chief has also pointed to strong growth ahead. CFO Colette Kress said in August that Nvidia expects revenue to grow 70% in fiscal 2028, well above the 44% expected by analysts, while noting that the outlook reflects supply constraints. She added that customer forecasts indicate growth will double next year.

What this means for Nvidia investors

Musk is aiming far higher. He told investors SpaceX’s annual recurring revenue could reach $500 billion to $1 trillion by the end of 2027, though analysts project full-year 2027 revenue closer to $110 billion based on LSEG data. Even the lower estimate would require a huge expansion in computing capacity.

Either way, the hardware has to come from somewhere, and Musk has made clear where he plans to get it. Huang has said Vera Rubin is already in production, and Nvidia expects partners to offer Rubin-based products in the second half of 2026. That timing lines up neatly with Musk’s plans for next year.

Risks remain. SpaceX’s spending still outpaces its revenue, and Nvidia itself expects supply to stay tight. Still, when one of the most aggressive builders of AI computing power names Vera Rubin as the backbone of its next expansion, Nvidia shareholders have good reason to pay attention.

Related: Elon Musk sends a strong memo to SpaceX and Tesla stock investors

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Why we love this deal

A tiny bathroom without any cabinets or shelves comes with its own unique set of challenges. Even if you have your toothbrushes and skincare products stored in a larger powder room, it’s still nice to have a spot for extra rolls of toilet paper and hand towels in the smaller one. Normal-sized storage cabinets won’t fit in these spaces, but there are narrow units available that will fit in a cramped corner or underneath a pedestal sink. Since these compact bathroom cabinets are smaller, they’re also less expensive, making it more affordable to organize your space.

One option that fits the bill is the Akxomel Small Rattan Bathroom Cabinet. It has a trendy design that can elevate the room with pale oak wood and natural textures, and it retails for only $60. Prime members can score the chic cabinet for even less with an exclusive deal dropping the total to only $46.

Akxomel Small Rattan Bathroom Cabinet, $46 (was $60) at Amazon

Courtesy of Amazon

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Why do shoppers love it?

The standout feature of this gorgeous rattan cabinet is its slim, space-saving design that measures 7.9 inches long, 7.9 inches wide, and 27.6 inches tall, which is just over 2 feet high, so it fits even in tighter spaces. For a better understanding of its size, its footprint is smaller than a standard sheet of printer paper. There are four tiers of shelves behind the two doors. You could put a jumbo roll of toilet paper on the shelves, but since the shelves are also adjustable, you could remove them to accommodate taller items, like mouthwash or cleaning supplies.

“It fits perfectly in the narrow space next to my toilet and provides much more storage than I expected,” raved one shopper. As for the performance, they reported, “Keeps everything organized and out of sight, making the bathroom look much cleaner.”

Related: Walmart is selling a ‘useful’ over-the-door pantry organizer for just $30

While this slim rattan cabinet is marketed as a bathroom cabinet, its aesthetically pleasing appearance with a wood grain finish, rattan paneling, and golden hardware would look great in any room. If you need a spot to put your drink and remotes between the couch and recliner, the narrow cabinet will do it in style. For even more versatility, the doors can be assembled to open from either side, working with nearly any configuration. 

Details to know 

Dimensions: 7.9 inches long, 7.9 inches wide, and 27.6 inches tall.

Materials: Engineered wood.

Is assembly required?: Yes.

Over 70% of shoppers give this bathroom cabinet a perfect five-star rating. “Well-built and sturdy,” one shopper called it. “I was struggling to find storage for our tiny half-bath, and this narrow cabinet ended up being the ideal solution.”

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Available for as low as $46, the Akxomel Small Rattan Bathroom Cabinet will add functionality and style to your home.