Earnings Reports Overview - The current earnings season is nearing its end, with notable companies reporting during the holiday-shortened week [1] - Retail investors are particularly focused on earnings reports from major companies [1] Company-Specific Earnings Reports - WeRide Inc. (NASDAQ:WRD) and LexinFintech Holdings Ltd. (NASDAQ:LX) reported before the market opened on November 24, both showing better-than-expected results, leading to stock price increases [2] - Zoom Communications Inc. (NASDAQ:ZM) is expected to report third-quarter results after the market closes on November 24, with analysts predicting earnings of $1.44 per share and revenue of $1.21 billion [3] - Alibaba Group Holding Ltd. (NYSE:BABA) will release its Q2 earnings report before the market opens on November 25, with expectations of adjusted earnings of 81 cents per share and revenue of $34.43 billion [3] - Retailers Kohl's Corp. (NYSE:KSS) and Best Buy Co. Inc. (NYSE:BBY) are anticipated to provide insights into consumer behavior with their reports on November 25 [4] - Cleanspark Inc. (NASDAQ:CLSK), Dell Technologies Inc. (NYSE:DELL), and Zscaler Inc. (NASDAQ:ZS) are set to report after the market closes on November 25 [5] - Li Auto Inc. (NASDAQ:LI) and EHang Holdings Ltd. (NASDAQ:EH) will report their results before the market opens on November 26, alongside Deere & Co. (NYSE:DE), which has consistently beaten analyst expectations for 12 consecutive quarters [6] Market Schedule - U.S. stock markets will be closed on November 27 for the Thanksgiving holiday [8] - The stock market will have an early closure at 1 p.m. ET on November 28 [9]

Retail earnings take center stage this week as several holdings in the Direxion Daily Retail Bull 3X Shares (RETL) prepare to report results just days before the Thanksgiving and Black Friday shopping weekend. Six companies from the ETF's roster will release quarterly results between Monday and Tuesday. The group includes Burlington Stores, Inc. (BURL), Best Buy Co., Inc. (BBY), Kohl's Corp. (KSS), Dick's Sporting Goods, Inc. (DKS), Urban Outfitters, Inc. (URBN), and Abercrombie & Fitch Co. (ANF). These six ...

Core Insights - Best Buy is expected to report adjusted earnings per share of $1.31 for Q3, with revenues projected to exceed $9.5 billion, while its shares have declined by 10% in 2025 [1][16] - The brand is perceived as "boring," which is viewed positively as it indicates stability in a volatile market [3][6] - Social media sentiment analysis shows that Best Buy has maintained a neutral perception among consumers, with nearly 500,000 posts reflecting this sentiment [4][5] Financial Performance - Analysts anticipate a soft earnings report for Q3, with expectations of stability rather than significant growth [10][14] - The option market is pricing in a potential 7% move in Best Buy's shares around the earnings report, indicating elevated volatility [15][16] Customer Insights - Best Buy caters to four main customer segments: families, middle-income students, tech enthusiasts, and high-end shoppers, demonstrating its broad appeal [8][9] - The psychographic profile of customers has shown interesting trends, with a focus on value-driven consumers in the current economic climate [7][9] Market Position - Best Buy operates in a different space compared to other retailers like Target and Walmart, focusing solely on technology sales without proprietary brands [12][13] - The company is not currently facing significant concerns regarding tariffs or inflation, with discussions primarily centered on upcoming Black Friday sales [13][14] Strategic Recommendations - Best Buy should maintain its current strategy of stability and neutrality, which has proven effective in the current retail environment [12][13] - The company has opportunities to leverage its steady performance and customer loyalty to enhance its market position going into Q4 [14][15]

Market Overview - The market is experiencing volatility with major indices showing mixed movements, including the Dow up about 0.21%, Nasdaq up about 1%, and S&P 500 up about 0.61% [1] - Bitcoin has seen a significant decline, down approximately 24% over the last two months, with a recent drop of about 6% in the past week [1][3] - The total capitalization of the crypto market has fallen by about 24% since its October peak, equating to over $1 trillion in value lost [1] Consumer Spending and Retail - The National Retail Federation anticipates that consumers will spend over $1 trillion this holiday season, marking a strong consumer sentiment [2] - Recent retail earnings reports have shown mixed results, with companies like Gap and TJ Maxx performing well, while Home Depot's results were less favorable [2] - High-income consumers are driving spending, while low-income consumers remain under pressure [2] AI and Technology Sector - Goldman Sachs suggests that the narrative around AI capital expenditures (capex) is crucial for market stability, with expectations of continued growth in technology demand [2][3] - Nvidia's recent performance is seen as a key indicator for the tech sector, with any weakness potentially impacting broader market sentiment [2][3] Cryptocurrency Insights - Institutional investors are currently sidelined, with Bitcoin ETF outflows reaching $3.5 billion in November, the largest since February [4] - The correlation between Bitcoin and the NASDAQ suggests that stabilization in crypto prices may be necessary for broader market recovery [5][6] - Analysts express caution regarding a V-shaped recovery for Bitcoin, citing the need for more dovish Fed commentary and institutional participation [4][5] Company-Specific Developments - Moderna has faced significant stock price declines, down 43% this year, and is currently the most shorted stock in the S&P 500, with 20% of shares shorted [28][30] - Pfizer is diversifying its business into weight loss drugs and other areas, contrasting with Moderna's struggles to adapt post-COVID vaccine demand [29][30] - Analysts highlight the need for Moderna to diversify its product offerings beyond COVID vaccines to regain investor confidence [31][35]

Core Insights - Best Buy Co., Inc. is highlighted as a stock to watch, with expectations of being impacted by higher interest rates and tariffs, but potentially benefiting from a PC refresh cycle [1] Company Overview - Best Buy sells a variety of technology products, electronics, appliances, and entertainment items, along with services such as delivery, installation, and technical support [2] - The company was previously considered a strong dividend stock, yielding 4.5%, but was removed from a list of interesting prospects due to its reliance on strong consumer growth and tariff relief [2] Market Context - The upcoming earnings report for Best Buy is anticipated to be affected by external economic factors, including tariffs and interest rates [1] - There is a comparison made with AI stocks, suggesting that while Best Buy has potential, certain AI stocks may offer greater upside potential and less downside risk [3]

Earnings Report - Best Buy Co., Inc. is set to release its third-quarter earnings results on November 25, with analysts expecting earnings of $1.31 per share, an increase from $1.26 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $9.59 billion, compared to $9.45 billion reported a year earlier [1] Dividend Information - Best Buy currently offers an annual dividend yield of 4.97%, with a quarterly dividend of 95 cents per share, totaling $3.80 annually [2] - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 1,579 shares, equating to a total investment of about $120,715 [3] - For a more conservative monthly income goal of $100, an investor would need 316 shares, or an investment of approximately $24,158 [3] Dividend Yield Dynamics - The dividend yield is calculated by dividing the annual dividend payment by the current stock price, which can fluctuate and affect the yield [4] - For instance, if a stock's price increases, the dividend yield decreases, and vice versa [4] - Changes in the dividend payment itself can also impact the yield; an increase in dividend payment raises the yield if the stock price remains constant [5] Stock Performance - Best Buy's shares gained 3.6%, closing at $76.45 on the last trading day [5] Analyst Rating - Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating for Best Buy, with a price target of $90 [6]

Core Viewpoint - Best Buy Co. Inc. is facing a critical test as it prepares to report its third-quarter fiscal 2026 earnings, focusing on whether its high-margin advertising business can offset profitability pressures from lower-margin hardware sales [1] Group 1: Sales Performance and Expectations - Management and analysts expect the company to maintain positive sales momentum from the second quarter, which was its best performance in three years [2] - CFO Matt Bilunas has guided for third-quarter comparable sales growth to mirror the previous quarter's 1.6%, indicating a trend towards the higher end of the full-year revenue guidance of $41.1 billion to $41.9 billion [3] Group 2: Market Dynamics and Challenges - The primary growth drivers include a "replacement cycle" in computing due to aging laptops and demand for the new "Switch 2" gaming console [4] - However, the sales mix is shifting towards lower-margin hardware, which negatively impacts gross profit rates compared to service-heavy revenue [4] Group 3: Profitability Outlook - Management expects the adjusted operating income rate to remain flat year-over-year at approximately 3.7% [5] - Recent gross margin declines have been noted, with the current rate at 23.2% [6] Group 4: Advertising Business Potential - Analysts suggest that Best Buy's retail media network, "Best Buy Ads," is an underappreciated asset, with potential profits estimated at $250 million in 2025, which could help mitigate hardware margin erosion [6] Group 5: Investor Sentiment and Stock Performance - A consensus price target of $85.32 suggests a ~16% upside, contingent on the growth of the high-margin ad business to offset hardware costs [7] - The stock closed at $76.45, up 3.62% on the last trading day, but has declined by 14.62% over the past year and 11.28% year-to-date [7]

Core Insights - Retail chains including Burlington, Kohl's, and Best Buy are set to report earnings this week, coinciding with the approach of Black Friday, amid ongoing economic concerns [1] Company Summaries - Burlington is expected to provide insights into its performance as it navigates the current economic landscape [1] - Kohl's earnings report will be closely watched for indications of consumer spending trends as the holiday season approaches [1] - Best Buy's results will be significant in assessing the impact of economic conditions on electronics sales during the critical shopping period [1] Industry Context - The upcoming earnings reports from these retailers are crucial for understanding the overall health of the retail sector as it faces economic uncertainties [1] - The performance of these companies may reflect broader consumer sentiment and spending behavior leading into the holiday shopping season [1]

Core Insights - Investors will have a break next week due to the market closure on November 27 for Thanksgiving, allowing time for assessment and reflection after a challenging week for Wall Street [2] - Despite the end of the U.S. government shutdown, some key economic reports are still being canceled due to insufficient survey data, impacting market expectations [3] Earnings Reports - Several companies are scheduled to report earnings next week, including Alibaba Group (BABA), Dell (DELL), Deere & Company (DE), Analog Devices (ADI), Best Buy (BBY), HP (HPQ), and DICK'S Sporting Goods (DKS) [4] - Specific earnings highlights include: - Monday: Agilent Technologies (A), Zoom Communications (ZM), Symbotic (SYM) [5] - Tuesday: Alibaba, Analog Devices (ADI), Dell Technologies, Best Buy (BBY), Autodesk (ADSK), Workday (WDAY), Zscaler (ZS), HP (HPQ), DICK'S Sporting Goods, J.M. Smucker (SJM), and NIO (NIO) [5] - Wednesday: Deere, Li Auto (LI) [5] - Thursday: Intuitive Machines (LUNR) [6] - Friday: Frontline Plc (FRO), Buckle, Inc. (BKE) [6]

Group 1: Earnings Reports - Retailers such as Burlington Stores, Best Buy, and Kohl's are set to report earnings next week, alongside tech giant Dell [1] - Zoom is expected to report earnings on Monday, with competition from Microsoft's Teams noted, but a decent quarter is anticipated [2] - A variety of retailers including Kohl's, Best Buy, Burlington Stores, Dick's Sporting Goods, and Abercrombie & Fitch will report on Tuesday, with mixed expectations [4] Group 2: Economic Indicators - Retail sales figures and pending home sales data are expected to be soft, which could be beneficial for Wall Street as it may lead to Federal Reserve interest rate cuts [3] Group 3: Company Insights - Cramer expressed optimism about Dell's earnings and management, while being less positive about HP [4] - Dick's Sporting Goods is expected to perform well due to its recent acquisition of Foot Locker, gaining access to popular sneaker brands [4] - Deere is anticipated to report on Wednesday, with its stock viewed positively due to government subsidies benefiting the farming equipment sector [5]