SUCCESS

While it’s a giant player in the grocery space, Kroger lacks the buying power of bigger rivals Amazon and Walmart. You can add Costco to that list as well because its limited product selection magnifies its leverage with retailers.

Unlike Kroger, Walmart and Amazon have other businesses that can benefit when they attract a grocery customer, from advertising and memberships to general merchandise.

And unlike Walmart, Amazon, and Costco, Kroger actually needs to make money from selling groceries. It’s not using those items as a loss leader to sell other things or memberships. That’s the retailer’s core business.

Kroger, however, does have one advantage — its proximity to its customers. Walmart may be closer in some cases, but Kroger is broadly a neighborhood grocery chain, so it’s convenient for customers, but that’s not always enough when its rivals are cheaper and offer delivery.

CEO Gregory Foran knows that to compete, his company needs to execute and operate as efficiently as possible.

“We have to be relentless on cost. Our teams are moving with more speed and urgency, and sourcing and savings came in ahead of plan this quarter,” he said during the supermarket chain’s second-quarter earnings call.

Lowering the chain’s cost, he noted, is key to not just success, but survival.

“There is more work to do across sourcing, procurement, productivity and simplification. Every dollar we take out is a dollar we can reinvest in areas customers will see. That is how this becomes sustainable for customers and for shareholders,” he added.

Foran sees opportunity in Kroger’s stores

Foran has spent significant time during his first year in the job visiting Kroger locations. After identifying areas for improvement he has noticed some areas where the chain has fixed problems.

“We’re making progress on execution across the business, but there’s still work to be done, and opportunity remains inside our stores: better in-stocks, better merchandising, better standards, better shrink management. These are not new ideas, but customers notice when we execute well,” he said.

He noted that the chain’s on-shelf availability reached an all-time high, and its pickup perfect orders were its best ever.

“We also have an opportunity to become stronger merchants. Whether it’s fresh foods or prepared meals, we can do a better job helping customers answer ‘What’s for dinner?’ and creating excitement around great products in our stores. When we’ve done that, customers have responded. Natural and our prepared meals grew well ahead of total sales,” he added.

More Kroger:

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Kroger supermarkets add exclusive LTO Sprite soda

GlobalData Managing Director Neil Saunders thinks that Kroger has significant work to do.

“Kroger has enormous reach and powerful economies of scale. The problem is that, for many years, it has failed to capitalize on these things. The company hasn’t been aggressive enough, nor has it been sufficiently progressive,” Saunders told RetailWire.

“The result is that it’s become a bland, middle-market grocer that isn’t sufficiently differentiated. It doesn’t win on price. It doesn’t win on experience. It doesn’t win on private label. It doesn’t win on e-commerce in the way Walmart does,” Saunders added.

Amazon, Walmart and Kroger by market cap

Amazon: $2.76 trillion

Walmart: $852.7 billion

Kroger: $35.83 billion Source: CompaniesMarketCap

Amazon has been a growing player in the grocery space.Amazon

Walmart and Amazon bet big on groceries

Amazon CEO Andy Jassy, in a recent Q&A with shareholders, made it clear just how big grocery has become for the company.

“I’m very bullish about grocery. I think some folks don’t realize how large a grocery business Amazon has today. If you look at our center of aisle things — so these are things like consumables, canned goods, pharmaceutical items, beauty products, really, everyday essentials — if I just exclude Whole Foods Market and Amazon Fresh, we did over $100 billion in gross sales in our grocery business on these items last year alone,” he said.

To put that into perspective, Kroger, which is a grocery store chain, did $34.6 billion in total sales for the second quarter.

Walmart U.S. Chief Merchant Julie Barber made it clear in remarks made in July that the chain plans to be agressive on price.

“This summer, we’re making even more investments in price, with thousands of Rollbacks across the products customers are shopping for most including beef, fresh produce and beverages,” she said in the press release.

Kroger makes its own pricing moves

Foran shared that Kroger has also been working to find new ways to lower prices for its shoppers.

“Smart Way, our opening price point brand, with more items, broader coverage across the store, and improved visibility, both in-store and online,” he said during the Q2 earnings call.

he company, he shared, has also made other changes beyond just offering cheaper items.

“Earlier this quarter, we expanded our loyalty program and rebranded Fuel Points as simply Points. Customers can now use Points for savings at the pump or apply them directly to their grocery bill in-store or online,” he said.

Foran has said in the past that his company can’t always be the cheapest, but it can strive to deliver value.

“Value continues to matter, and it matters more when budgets are tight. Our customer value plan is underway and progressing well. We have opportunities to strengthen our value position, simplify promotions and make it easier for customers to recognize value in our stores,” he added.

RTM Nexus CEO Dominick Miserandino worries that Kroger simply can’t give some shoppers the prices they need.

“Consumers don’t make decisions exclusively based on price; it’s a numerous amount of factors. So he’s not entirely wrong, but the worse the economy gets, the more pricing does become a factor,” he told TheStreet.

ALSO READ: Kroger loses $12 billion as customer behavior takes a turn

Most investors bury their mistakes in a footnote. Warren Buffett prints his in the shareholder letter, in plain English, with his name on it.

For most of the past decade, the story around Berkshire Hathaway (BRK.A) (BRK.B) and its industrial businesses was maintenance rather than growth. Railroads, utilities, insurance float, a slow grind of cash into the same pile.

The exciting money went somewhere else. It went into chips, cloud contracts and anything with a graphics processing unit bolted to it.

That framing skipped a physical step. Before one chip in a new data center draws a watt, somebody has to build the machine that produces the watt.

And the hottest, most stressed piece inside that machine is a cast slab of superalloy that only a handful of companies on earth know how to pour without cracking it.

One of those companies belongs to Buffett. It is the deal he apologized for.

Precision Castparts, the aerospace parts maker Berkshire bought in 2016, has spent 2026 turning into something nobody underwrote at the time. It is an AI power story hiding inside a conglomerate that doesn’t talk about it.

Warren Buffett’s $37B Precision Castparts mistake now feeds gas turbines powering AI data centers.Bloomberg / Getty Images

What Buffett actually got wrong about Precision Castparts

Berkshire paid roughly $37.2 billion for Precision Castparts a decade ago, the largest deal of Buffett’s career at that point. Then commercial aviation stopped.

Berkshire wrote down about $11 billion of the value, and Buffett told shareholders he had simply paid “too much,” according to CNBC.

Go back to that letter and the complaint is narrower than the coverage suggested. He faulted the price he paid. He did not fault the asset, which he called the best in its business.

Nearly ten years on, that distinction carries the whole story.

Precision Castparts supplies investment castings, forgings, fasteners and aerostructures for “critical aerospace and power and energy applications,” per Berkshire’s most recent 10-K annual filing.

Read that last clause slowly. Power and energy.

Why gas turbines became the hardest bottleneck in AI power

Big natural gas turbines are the fastest way to add firm electricity to a grid that AI is straining, and only three companies build them at scale.

Every one of those turbines runs on airfoil castings, the blades and vanes that sit in the combustion path and survive temperatures above the melting point of the metal around them. Precision Castparts makes airfoil castings for both jet engines and industrial gas turbines, per its own SEC filings.

Here is how tight the queue has become:

Gas turbine backlog and slot reservations grew from 100 to 116 gigawatts in a single quarter, with at least 125 gigawatts expected under contract by year-end, according to GE Vernova (GEV).

Data center customers account for about 20% of that contracted volume, according to POWER magazine.

Global data center electricity use is set to more than double to around 945 terawatt-hours by 2030, from 415 terawatt-hours in 2024, according to the International Energy Agency.

Castings are still one of the most stubborn chokepoints in engine production, a manufacturing “black art,” as Reuters put it.

GE Aerospace (GE) just paid $11.75 billion for Consolidated Precision Products, a smaller maker of castings for jet engines and gas turbines, calling the capacity mission-critical in its deal announcement.

Using that multiple, Precision Castparts could be worth around $100 billion, or nearly three times what Berkshire paid, according to Barron’s. My colleague walked through that valuation math last week.

What Berkshire’s own cash flow numbers show

I went back to Berkshire’s 2025 annual report instead of the deal chatter, and the line that stopped me had nothing to do with multiples.

Precision Castparts generated $2.4 billion of net cash from operating activities in 2025, against $1.7 billion in 2015, the last full year before Berkshire owned it, according to Berkshire’s annual report.

More Warren Buffett:

Warren Buffett’s $37B ‘mistake’ may now be worth $100B

Warren Buffett’s favorite market signal just hit a historic extreme

Abel reversed Buffett’s two biggest convictions in six months

So the business now throws off roughly 40% more cash than the version Buffett was accused of overpaying for. My analysis of that gap says the write-down was a timing verdict, not a quality one.

The pandemic took four years out of the middle of the thesis. The AI power build-out is quietly handing some of them back.

Why a scarce casting matters to your portfolio

If you own an S&P 500 index fund, you own a slice of this. Berkshire sits among the largest weights in the index, and Precision Castparts would represent close to one-tenth of the group’s stock market value at a $100 billion mark, according to Barron’s.

You are already exposed to the AI trade through the obvious names. Nvidia (NVDA) and the semiconductor complex move your balance twice a week whether you follow them or not, and the bill for that build-out keeps climbing.

What you probably don’t have priced in is the part of the build-out that can’t be solved with a bigger order. A casting plant takes years to qualify. The furnaces, the alloys and the engineers who know why a blade cracks are not things a hyperscaler buys its way past in a quarter.

That scarcity also finds you on the other side of the meter. Utilities paying up for turbine slots are the same utilities filing for rate increases, which is how an AI data center three states away ends up on your electricity bill.

Buffett won’t be the one explaining any of this. He stepped back from the chief executive job, and Greg Abel does not hold investor days or analyst calls where a subsidiary like this gets its own slide.

So the reappraisal, if it comes, arrives the slow way. A deal print here, a cash flow line there, until the deal Buffett called his expensive mistake is the reason somebody buys the stock.

Related: Warren Buffett’s Berkshire raises stake in media giant

Tranchau (Kris) T. Nguyen of the U.S. Government Accountability Office explains how retirement plan providers may be collecting, using, and sharing participants’ personal data in ways many workers do not expect.

Jeffrey Snyder, Broadcast Retirement Network

Well, Kris, it’s always great to see you. Thanks for popping by the program this morning. Thank you for having me.

Good to see you. Yeah, it’s always a pleasure to see you. And, you know, it’s another great report.

GAO, we’ll get into that in a second. You put out a lot of great reports. This is a great report.

I think a lot of people, whether you’re in the retirement industry or you’re a participant in a retirement plan, will find interesting. Before we get into the meat and potatoes, I want to ask you some maybe some blocking and tackling questions, an allusion to the NFL season, of course. What’s the why behind?

Why did the GAO determine that it would like to take on this project?

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

Well, GAO is an investigative arm of Congress. And Congress was concerned about data privacy issues in retirement plans, such as the potential use and sharing of information beyond the intended purpose, which is to administer these plans. So some of the concerns dealt with the selling of the information or for the purpose of marketing the information.

Jeffrey Snyder, Broadcast Retirement Network

Okay, so obviously this privacy in general, if anyone reads, I mean, you had to be sleeping under a rock, my words, not yours, to not know that privacy is a big issue for everyone. Data is a big issue. So you got this mandate from the Congress.

You went about the report. Now, how did you, if you don’t mind me asking, I’m just asking some blocking questions and tackling questions. How did you begin the process to actually do the research?

Did you interact with the US record keepers that do this type of work or was it through other intermediaries?

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

That’s right. In order to conduct our study, among the many steps that we took, such as interviewing experts in the field, the central piece to our work is our review of privacy disclosures that were publicly available of 31 record keepers and asset managers of retirement plans. So while the number sounds very small, but these entities serve a vast number of retirement plans and participants.

Jeffrey Snyder, Broadcast Retirement Network

Yeah, I mean, their 31 record keepers may cover the bulk of 401k, 403b and governmental 47 plans. I mean, they do. These record keepers, I think for the audience’s benefit, Kris, they do a lot.

They’re not just administering the plan. They have phone centers. They have tools and capabilities to help people meet their retirement needs.

So they do a lot.

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

That’s right. The record keepers, their role is to track the information of your plans. For example, the contributions that you make to your plans, the growth of those plans, the financial information with the bank information and such.

In addition to some personal information that they need from you, such as your beyond your name address, but also your security number, bank information, and the asset managers have the responsibility to manage your funds. So these entities have a big responsibility in carrying out the administration of these retirement plans.

Jeffrey Snyder, Broadcast Retirement Network

Yeah, it’s not your mother’s or mom and dad’s 401k plan. Things have really evolved, I know, within the retirement industry. So let me ask you some basic follow-up questions based on the findings.

So when and why do the record keepers or retirement plans actually share data? You talked about, so security number, there may be things like your name, address, other information. So what is the rationale as to why or when that is shared?

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

So the need to share information between service providers is so that they have the adequate information to keep tabs of your investments over time and the growth of your investment and make sure that all that information is proper and that they carry out the services for the individuals, such as asset management, investing your investments in these firms, right? The asset managers have those responsibilities. So it’s an important role for them to ensure the accuracy of your retirement savings over time.

Jeffrey Snyder, Broadcast Retirement Network

Yeah. And just for the audience’s benefit, when I first started in the retirement industry, everything keyed off the social security number. I don’t know, when I was still working in record keeping, they actually, Kris, they actually took off the social security number off of the statement and some of the confirmation.

So I know this is something that early on, and this is going back probably 20 years, they really were focused on removing this information. So really important to share this information. Now you’re better, you and the team are better than I am because you actually looked at all the privacy disclosures.

There’s a lot of confirmations and things that come out as a result of the retirement plans from prospectus to confirmations. What did you find in those privacy disclosures?

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

What we found was that only two prohibit the sharing of information and then more than half did not limit the selling of this information. And in fact, only two of the 31 allow the opting out of the selling of these data. So this is an important piece to understand that your information can be at risk for sharing information, for marketing purposes or for the selling of your information.

Jeffrey Snyder, Broadcast Retirement Network

Yeah, I guess that’s surprising. When I looked at the report, that was one of the key takeaways. I’m like, oh, that’s pretty interesting.

I just did a, this is not related to your report, but I just did something with the state of Utah where they looked at ed tech, ed technology used for K through 12 schools. And there was some data sharing going on among ed tech. So, you know, this is a very dynamic and fluid environment.

I don’t want to throw anyone under the bus, but clearly it’s an area that probably needs to be revisited and refreshed. So you’ll probably get another chance to look at the disclosures, Kris. Let’s talk about some of the privacy laws.

And I’m not an attorney. I, you know, not expecting you to be the legal scholar here, but when you look at, there’s a lot changing both at the federal level in terms of privacy laws and data laws, as well as the state privacy laws and data laws. That’s a lot for these companies to have to reconcile to comply with, isn’t it?

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

Thank you for raising that point. We did look at state laws. Specifically, we talked to folks from California, Colorado, Virginia specifically.

And we also looked at how many states across the U.S. has privacy laws. And we found that 13, nine, I’m sorry, 19 states do have privacy laws. And California is the first one to have privacy laws for consumers.

And this is relatively recent. They implemented their law in 2020, just to give you a sense of the recency of these laws. What we learned is that it’s not clear whether these consumer protection laws would apply to retirement plans.

And ERISA, the federal law that is affecting retirement plans, generally supersedes these laws.

Jeffrey Snyder, Broadcast Retirement Network

Yeah. Again, I’m not a legal scholar, but I think that there’s a lot of having to mesh the state laws with the federal laws, figure things out. And if you’re the record keeper, one of the 31 record keepers, you have to follow both sets of laws.

So you’re doing business theoretically in all 50 states, potentially. So you’ve got to follow all those laws. And on top of that, you’ve got to follow the federal law.

I mean, that is a big job. And these record keepers have dozens of people that just focus on these regulations. Let me close by asking, what do you think in terms of the protections afforded to consumers?

I know you looked at this as part of the report. Obviously, there are some early stage developments with data privacy. It looks like things are going to continue to evolve over the next five, 10, 15, 20 years.

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

So in addition to our finding regarding the privacy disclosures, that they don’t always protect the participants, the other piece that we found is that the Department of Labor, its guidance is insufficient. It’s not clear on what is considered private. And it’s not clear on when record keepers and asset managers need to get written consent to share the data.

So that is a key part of our work. And we made recommendation to the Department of Labor to issue guidance to help plan sponsors and record keepers and their service providers to understand their responsibilities to protect participant data. And in fact, there is an industry study that shows that the service providers indeed want additional guidance from DLO to help them navigate this area.

Jeffrey Snyder, Broadcast Retirement Network

Yeah, I feel bad for the Department of Labor. They have a lot of oversight and they have a lot of work to do, Kris. That’s just my editorializing a little bit.

I don’t really feel sorry for them. I’m sure they’re enthralled by having to handle all these things, but there’s a lot out there. And with the advent of AI, it’s dynamic and it’s very fluid and changing.

Kris, I can’t let you go without teasing out some additional work that you and the team are gonna be doing. I know cybersecurity is also something that you focus on, but can you give us a little hint, maybe a little taste of what you’re gonna be releasing in the next couple of months?

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

Well, thank you for your question. With regard to this particular work, we will continue to monitor the recommendation and to see whether DOL will implement our recommendation. At the time, DOL neither agreed or disagreed with our recommendation, but we think it’s an important step in order to protect participants and guide the plan sponsors and service providers.

Congress has what it needs with regard to data privacy in the retirement plans. We don’t have additional work in this area regarding data privacy for retirement plans, but of course, GAO continues to do work related in this area because we are in the digital age and cybersecurity is a high risk issue that GAO has put on the radar screen.

Jeffrey Snyder, Broadcast Retirement Network

Yeah, really important work that you and the team are doing. And the federal government, for that matter, and the states, I wanna give everyone, and the retirement industry, I gotta give everyone credit because I don’t want bad phone calls. Kris, always great to see you.

Thanks for making a few minutes for us. And look, we look forward to having you back on the program again very soon.

Tranchau (Kris) T. Nguyen, U.S. Government Accountability Office

Thank you. Thank you for having me.

Arch Manning led Texas to a 24-23 victory over Ohio State, helping the Longhorns overcome a 21-point fourth quarter deficit. Texas is now No. 1 in the AP poll.

The Toronto Blue Jays’ former star offered an explicit response after visiting the home of the Los Angeles Dodgers.

When the chief executives of two of the most valuable companies on earth independently use the same language to describe what they are seeing in the economy, it is worth more than a passing scroll.

That is what happened over the summer, and the warning has only grown louder since.

Tim Cook, who spent 15 years running Apple before stepping back this fall, and Elon Musk, who leads Tesla and the newly public SpaceX, rarely agree on much in public.

This time their assessments lined up almost word for word, and the numbers behind their comments back up the alarm.

Tim Cook’s Hundred-Year flood warning

Cook, still Apple’s chief executive at the time, told The Wall Street Journal in a June interview that the surge in memory and storage chip costs was unlike anything he had encountered in decades.

“This is a hundred-year flood,” Cook said. “I’ve never seen anything like it in any area in over 40 years,” according to TheStreet.

The warning came as Apple prepared to raise prices across its lineup to offset soaring costs for the chips used in iPhones, Macs and iPads.

Cook said the situation had become unsustainable despite Apple’s efforts to shield customers from the increases. “Unfortunately, price increases are unavoidable,” he said.

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Elon Musk’s startling claim to SpaceX investors

The root cause is an unprecedented scramble for memory chips driven by AI data centers. ABC News reported that Cook attributed the shortage directly to AI companies’ appetite for the same components Apple needs for consumer devices.

Cook told the Journal that Apple would use its balance sheet to help fund additional memory supply, though it has no plans to build its own chip factories.

Apple’s former CEO made the comments months before handing the chief executive role to John Ternus, Apple’s longtime hardware engineering chief, who officially took over on September 1.

Cook has since moved into the role of executive chairman, making the hundred-year flood comment one of his final statements as the company’s top executive.

Musk backs the warning, and the data confirms it

Musk did not wait long to weigh in. He quoted Cook’s Wall Street Journal comments directly on X and added his own take.

“Biggest price jump in anything I’ve ever seen too,” as reported by Yahoo Finance.

Coming from someone who has run car and rocket manufacturing through years of supply chain turmoil, the comment carried weight.

Musk also shared a Wall Street Journal article titled “The Data-Center Boom Is Sparking a Third Wave of Inflation,” arguing that America’s AI buildout is pushing up prices on everything from smartphones to electricity. One chart in that piece showed consumer prices for computer software and accessories had climbed roughly 15% from a year earlier.

The underlying numbers support both executives’ alarm. Memory and storage chip prices have quadrupled over the past three quarters, as booming AI-server demand absorbs supply and manufacturers prioritize high-bandwidth memory used in AI servers rather than consumer electronics.

That shift has been extraordinarily profitable for chipmakers even as it squeezes device makers. Micron reported gross margins of 84.9% in its most recent quarter, up from 39% a year earlier, outpacing even Nvidia and Meta. The imbalance between soaring chip profits and squeezed device margins is adding pressure on Apple and its rivals toward price hikes.

Musk and Cook are strong tech veterans who have lived through shortages, cost spikes and shipping chaos.Justin Sullivan / Getty Images

Other companies are already raising prices

Apple did not wait long to act on Cook’s warning. The company announced price hikes across its MacBook and iPad lineup, its first formal move to pass higher memory and storage costs on to consumers. Increases ranged from $100 to $300, and Apple said it had never seen a component price increase this large or this fast.

Apple is not alone. Other major device makers, including Hewlett-Packard, Dell and Nintendo, have already raised prices, underscoring that the memory squeeze is an industrywide problem, not an Apple-specific one.

Consumers may feel the pinch most with Apple’s next iPhone generation.

A research firm estimated the cost of the upcoming iPhone Pro would rise by more than $200, pushing the device toward roughly $1,299. Apple had not confirmed final pricing as of then, and Cook himself declined to say when increases would hit or which products would be affected.

TheStreet’s coverage of the episode framed it plainly. A week before Apple raised Mac and iPad prices by hundreds of dollars, Cook’s Wall Street Journal comments stopped people mid-scroll, and Musk’s agreement turned the moment into a broader conversation about where AI-driven inflation goes next.

What this means for investors

The deeper message for investors is not really about iPhones or laptops. It is about how AI infrastructure spending is starting to bleed into everyday consumer prices in ways headline inflation figures do not always capture right away.

Musk and Cook are strong tech veterans who have lived through shortages, cost spikes and shipping chaos before, and neither of them has used language that is this stark and casual.

That risk is compounding alongside separate pressure from the Middle East. An ongoing conflict has kept energy prices elevated. BlackRock has estimated the conflict could add roughly 0.8 percentage points to global headline inflation, with Europe and parts of Asia more exposed, given that they rely heavily on energy imports.

None of this means a return to 2022-style inflation is guaranteed, but it does suggest investors should watch component costs, device pricing and energy markets together rather than separately.

When the executives behind two of the most sophisticated supply chains in the world compare what they are seeing to a hundred-year flood, it is worth taking seriously rather than dismissing as routine corporate complaining.

Related: Jim Cramer doubles down on Tim Cook and Apple verdict

Citigroup warns that if artificial-intelligence model developments slow, earnings revisions could follow, and those have been a crucial factor in stock gains this year.

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

If you’re planning to travel or just want something comfortable to run around town in, having a few sets of closet staples can make life so much easier. Whether you’re packing for an upcoming trip, choosing an outfit for the airport, or just throwing something on for brunch with the girls, you know you’ll be comfy in a lounge set. If you don’t have a super-soft, versatile go-to outfit for casual occasions, don’t fret.

Thankfully, Walmart has a chic and cozy Fantaslook 2-Piece Lounge Set on sale for just $23. Shoppers can save a whopping 44% off the original price of $41, allowing you to look good and feel good wherever you plan to go. With this affordable price and 12 colors to choose from, you might even want to snag a different color for every occasion.

Fantaslook 2-Piece Lounge Set, $23 (was $41) at Walmart

Courtesy of Walmart

Shop at Walmart

Why do shoppers love it?

This stylish lounge set is perfect for any weather. The lightweight material keeps you cooler during warm weather, or pair it with your favorite fuzzy socks and sweater for those cool mornings. It comes with two pieces that provide an effortless look while still feeling like you’re wearing pajamas. 

The crewneck T-shirt drapes nicely to create an oversized look that still looks put together, or you can tuck it in or tie it up to show off the cute drawstring pants. Each piece is made of a soft polyester, nylon, and spandex blend that moves with you, and the elastic drawstring waist allows you to adjust the pants to the perfect fit. The pants feature two side pockets, and the T-shirt has a small chest pocket to hold your key while you walk the dog or to allow easy access to your ID card while traveling. 

Related: Hanes fleece hoodie that comes in 30 colors is only $8 at Amazon

This set is machine washable, but it’s recommended to hang it to dry to keep it in pristine condition. It’s available in gray khaki, gray, blue, black, Army Green, and Dark Coffee, offering a variety of colors to fit your preference. Shoppers can choose from sizes S through 3XL, and if you’re in between sizes, size up for a more oversized at-home set, or size down for a more form-fitting look. 

The pros and cons of this $23 lounge set

Pros

Material: The polyester and spandex blend is extremely soft and drapes well.

Sizes: S to 3XL.

Colors: There are twelve pretty colors to choose from.

Cons 

Length: Some reviewers report that, depending on your height, the pants may run long. 

Care: Although it’s machine-washable, it needs to be hung to dry. 

“This set is comfy, and perfect for at-home casual, shopping, or travel. The fabric is soft,” one reviewer said. Another shopper wrote, “This set is of outstanding quality,” and a couple of other buyers are calling it “so soft.”

Shop more deals

Sunbs Short Sleeve Lounge Set, $22 (was $46) at Walmart

Mintreus Crop Top Lounge Set, $20 at Walmart

Mintreus Oversized Lounge Set, $19 (was $34) at Walmart

Whether you’re planning your next trip or need something comfortable to wear around the house on the weekend, the Fantaslook 2-Piece Lounge Set is a versatile choice. It’s extremely soft and offers all-day comfort while also looking nice enough to wear out for brunch or errands. At just $23 per set, you can stock up on a few colors for the season and save 44% at Walmart. 

The slump in AI stocks follows calls for a slowdown in advanced AI development from the leaders of Anthropic, OpenAI and SpacexAI.

Before the 2026 Primetime Emmy Awards get underway in Los Angeles on Monday night, stars will be arriving at the event’s red carpet ceremony. Find out where you can stream the arrivals.