Best Buy Lifts 2026 Forecast as Holiday Tech Demand Surges
Best Buy raises its annual sales and profit outlook after strong Q3 results, boosted by demand for laptops, smartphones, and gaming devices.
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Kohl's Beats Expectations, Raises Outlook for 2025
Kohl's (KSS) Q3 earnings crush analyst estimates with $0.10 EPS vs expected -$0.18. Revenue hits $3.4B, guidance raised to $1.25-$1.45 for full year.
UBS Boosts Applied Materials to “Buy” on Strong WFE Outlook
UBS upgrades Applied Materials to Buy with a new $285 target, citing a bullish outlook for wafer fab equipment spending and rising DRAM-driven demand through 2027.
Alibaba Beats Revenue Expectations on AI Boom and E-Commerce Growth
Alibaba reports 5% revenue growth to $35B, driven by AI development and quick commerce expansion. Cloud revenue up 34% as China tech giant doubles down on artificial intelligence investments.
Estee Lauder Downgraded to Sell Amid Concerns Over Recovery
Rothschild & Co Redburn cuts Estee Lauder to Sell, lowering the price target to $70. Analyst warns that the company’s transformation needs deeper investment, putting margin recovery at risk.
NIO Shows Strong Progress as Deliveries Surge 40%
NIO delivers record 87K vehicles in Q3 2025, cuts losses 31% YoY. Margins improve to 3-year high. Q4 guidance is below estimates.