GameStop Q3 Earnings: Revenue Drops 5% Despite Strong Profits
GameStop's Q3 results show 5% revenue decline to $821M with stock falling, though profits beat expectations. Hardware sales slump while collectibles surge 50%.
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Home Depot Warns of Slow Growth as Housing Market Remains Weak
Home Depot issues cautious 2026 guidance with flat-to-2% comparable sales growth, citing weak housing market and high interest rates dampening consumer spending.
Goldman Adjusts Cruise Stock Ratings: NCLH Downgraded, Viking Upgraded
Goldman Sachs downgrades Norwegian Cruise Line and upgrades Viking Holdings, citing Caribbean supply issues for NCLH and stronger pricing power and diversified exposure for Viking.
Toll Brothers Q4 Earnings: Revenue Up But Cautious 2026 Outlook Sends Shares Lower
Toll Brothers (TOL) reports mixed Q4 results with revenue beating estimates but lower fiscal 2026 delivery guidance amid soft housing demand and market uncertainty.
Morgan Stanley Turns Cautious on Rivian Amid Prolonged EV “Winter”
Morgan Stanley downgrades Rivian to Underweight, keeping a $12 price target. The firm expects the EV slowdown to continue through 2026 while showing more confidence in traditional engines and hybrids.
Morgan Stanley Lowers Tesla Rating Despite Long-Term Optimism
Morgan Stanley downgrades Tesla to Equal Weight, citing high valuation and cautious EV outlook, even as it sees long-term leadership in autonomy, energy, and robotics.