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Retail
We knew Best Buy’s quarter and guide would be weak. Here’s our plan for the
Best Buy 's quarter came up short of expectations, with the misses compounded by downward revisions to management's outlook for the remainder of the year. We were not surprised by Tuesday morning's print and have a plan. Revenue in the…
How Trump’s policies may affect investors in these 8 market sectors
President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024.Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to…
Best Buy (BBY) earnings Q3 2025
Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street's quarterly revenue expectations, as early holiday shopping and a fresh batch of iPhones and AI-enabled laptops weren't enough to drive higher sales.The consumer…
Kohl’s CEO Tom Kingsbury to step down, replaced by Ashley Buchanan
Incoming Kohl's CEO Ashley Buchanan and current CEO Tom Kingsbury.Courtesy: Michael's | Kohl'sKohl's is getting a new CEO, its third since 2018.The off-mall department store's current CEO Tom Kingsbury is stepping down effective Jan. 15.…
Millennials will spend big this holiday season, TransUnion finds
Parents tend to splurge on their children during the holidays.This year, 63% of millennials, many of whom now have school-age children of their own, said they plan to spend the same or more on holiday shopping as they did last year — the…
The must-have gift of the season may be a ‘dupe’
Caiaimage/Paul Bradbury | Caiaimage | Getty Images'Tis the season for giving … dupes?Buying a dupe — short for duplicates — rose to the top of this year's holiday wish lists. A dupe gift is a gift that is a cheaper alternative to a more…
Jim Cramer is bullish on cybersecurity stocks CrowdStrike, Palo Alto
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Stocks were higher Friday with the S & P 500 on pace for its fifth straight…
Gap (GAP) Q3 2024 earnings
Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better-than-expected results, leading it to raise its annual guidance for a third time this year. Gap, which…
Walmart (WMT) and Target (TGT) earnings show mixed performance
Target's stock tumbled to a 52-week low on Wednesday, a day after Walmart shares soared to an all-time high — as the rival retailers' earnings reports again underscored how their performance has diverged.Target posted its biggest…
Walmart (WMT) Q3 2025 earnings
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart raised its forecast on Tuesday, as its customers bought more discretionary merchandise, ordered more…