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.
Best Buy raises its annual sales and profit outlook after strong Q3 results, boosted by demand for laptops, smartphones, and gaming devices.
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.
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.
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 delivers record 87K vehicles in Q3 2025, cuts losses 31% YoY. Margins improve to 3-year high. Q4 guidance is below estimates.
Bed Bath & Beyond announces merger with The Brand House Collective, bringing Amy Sullivan as CEO of new retail division and unlocking $20M in cost savings.