Walmart (WMT) missed earnings estimates and guided lower for the current quarter this morning, citing currency impacts and "considerable headwinds to top line sales," in the words of CEO Mike Duke. The news comes just one day after shares of Walmart made an all-time high just under $80 a share. Walmart's stock is up more than 17% year-to-date.

Brian Sozzi of Belus Capital Advisors says the quarter was worse than it appears. "I see a lot of disaster in the quarter," the dapper Sozzi says in the attached video. The stock's ramp up was a function of a quest for yield by investors, he says. Traffic was worse than last quarter, same store sales were negative, and the expense of feeding so many core growth opportunities is simply too much.

Doctor Sozzi has a prescription for what's ailing the world's largest retailer: "get rid of Sam's Club... it doesn't belong in the company especially when the focus is clearly on investing online and winning internationally."

Three days ago, when Dell (Dell) announced that it was going to release it first quarter earnings results five days earlier than originally planned, the street took it as a warning sign that bad news was sure to follow.

Even before the change, it wasn't as if analysts were expecting great things from the humbled and hurting computer-maker, but the haste shown in trying to get the latest report out has not only served to take low expectations even lower, but has stoked a fresh round of speculation over founder Michael Dell's effort to privatize the company.

As my co-host Jeff Macke and I discuss in the attached video, Dell's existence is hardly dependent upon whether it meets or beats analysts expectations or offers bullish guidance about the future. No, Dell's results are all about valuation, and the worse they look, they more likely it will be that any and all shareholders will see that the current cash bid (of $13.65 per share from Michael Dell and Silver Lake Partners) might not be as much of a steal as certain shareholders have inferred.

"They've shopped the company and there's been a lot of umbrage, a lot of outrage, a lot of 'Michael Dell is trying to steal the company'," Macke says, pointing out that there's a ''scoreboard" that keeps track of these things everyday called the share price. "And it turns out Dell is worth about $13.65," he says.