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The Stock Market Is Historically Pricey: Here's 1 Reason Target Is Still a No-Brainer Buy
The Motley Fool· 2025-10-04 07:32
Core Viewpoint - Target is currently experiencing a significant decline in stock price, presenting a potential turnaround investment opportunity despite broader market highs [2][3]. Company Performance - In Q2 2025, Target's sales decreased by 0.9%, with same-store sales down by 1.9%, indicating a contraction in business performance [3]. - Over the past year, Target's stock has dropped approximately 40%, contrasting with a 15% increase in the S&P 500 index during the same period [3]. Management Actions - The board of directors has appointed a new CEO to initiate changes aimed at revitalizing the company, which may take time to yield results [4]. - Target's long-standing reputation as a Dividend King suggests that the company has the potential to recover from its current challenges [4]. Turnaround Potential - The second-quarter results showed improvement compared to Q1, particularly with an increase in customer traffic, indicating that the worst may be over for the company [5]. - The investment thesis centers on the belief that Target's turnaround story will unfold independently of the broader market performance [5].
Trump’s $100,000 H-1B fee draws rare rebuke from US business
BusinessLine· 2025-10-04 04:40
Core Points - A coalition of business groups has warned that the newly announced $100,000 fee for H-1B visa applications could harm the US economy and urged the administration to avoid imposing additional burdens on companies [1][2][4] - The letter from industry organizations highlights concerns that the new fee threatens to disrupt the talent pipeline of foreign skilled workers, leaving critical jobs unfilled [2][6] - The groups emphasized the need for collaboration with the administration to reform the H-1B visa program without increasing challenges for US employers in recruiting and retaining top talent [2][10] Industry Impact - The new H-1B fees are expected to significantly affect various industries, including technology, healthcare, and finance, which have relied on the skilled worker program to fill essential roles [6][9] - Cutting-edge sectors such as artificial intelligence and biomedical engineering will require a high-skilled workforce to maintain growth, and the changes to the H-1B program could hinder progress in these areas [7][8] - Major companies like Microsoft, Amazon, and Walmart have expressed concerns about the potential impact on their talent pipelines due to the changes in the H-1B program [6][9] Government Response - A White House spokesperson defended the new H-1B policy, stating it aims to help US companies access top talent while addressing issues of visa abuse [5] - The administration has indicated that certain exemptions from the new fee may apply to doctors, which is crucial for recruiting healthcare professionals in rural areas facing shortages [11]
Walmart’s OnePay Set to Add Bitcoin, Ether Trading and Custody
Yahoo Finance· 2025-10-04 02:45
Walmart’s fintech venture, OnePay, is set to introduce Bitcoin and Ethereum trading and custody features to its mobile app later this year. This means users will soon be able to buy, sell, hold, and store both cryptocurrencies directly through the app. The setup is being powered by Zerohash, a crypto infrastructure provider, which will handle the back-end services. Blending Crypto with Everyday Spending What makes this launch unique is how OnePay plans to integrate cryptocurrency with everyday purchases. ...
Walmart’s OnePay App to Include Bitcoin, Ethereum Trading: CNBC
Yahoo Finance· 2025-10-03 17:11
OnePay, a financial technology firm owned by retail giant Walmart, is reportedly adding Bitcoin and Ethereum trading to its mobile app, sources familiar with the matter told CNBC.  The firm is said to be working with stablecoin and crypto infrastructure startup Zerohash to implement custodying and trading solutions into its mobile banking application later this year.  “The move means that crypto is increasingly seen as a core offering that exists alongside traditional banking services like savings account ...
Truist Financial Sets New Price Target for Target Corporation (NYSE:TGT)
Financial Modeling Prep· 2025-10-02 18:07
Truist Financial has set a new price target for Target Corporation (NYSE:TGT) at $83, indicating a potential downside from its current price.Target announces the exclusive release of Taylor Swift's 12th studio album, "The Life of a Showgirl," potentially boosting its stock performance.The stock shows slight volatility with a year's high of $161.50 and a low of $86.30, and a current slight increase in its trading price.On October 2, 2025, Truist Financial set a new price target for Target Corporation (NYSE:T ...
Walmart Wants More Developers, and More AI Agents to Automate Their Work
WSJ· 2025-10-02 17:02
Executives at the retail juggernaut say they still want to hire software engineers as the company revamps its workforce for the AI era. ...
Ollie's Bargain Army Hits 16M in Q2: Loyalty Driving 80% of Sales?
ZACKS· 2025-10-02 14:21
Core Insights - Ollie's Bargain Outlet Holdings, Inc. reported a 10.6% year-over-year increase in Ollie's Army membership, reaching 16.1 million, which now accounts for approximately 80% of total sales, highlighting the program's significance in driving growth and customer engagement [1][8] - The reimagined Ollie's Days event, aimed at rewarding loyal customers, resulted in a nearly 60% increase in new member acquisitions during the event week and contributed an estimated 100 basis points to comparable store sales for the quarter [2][8] - Ollie's Army members exhibit stronger spending habits, spending about 40% more than non-members, which underscores the program's critical role in the company's sales momentum [3][8] - The company anticipates comparable store sales growth of 3-3.5% for fiscal 2025, reflecting confidence in its strategic initiatives and the strength of its loyal customer base [4] Competitive Landscape - Walmart's membership strategy, focusing on Walmart+ and Sam's Club, saw a 15.3% growth in membership fee income globally, with Sam's Club U.S. achieving 7.6% growth in membership income [6] - Target's Target Circle 360 program led to over 25% growth in same-day delivery and a 4.3% increase in digital comps, with a penetration rate of 16.9% for the Target Circle Card, indicating strong customer engagement [7]
Taylor Swift's 'The Life of a Showgirl' Arrives Oct. 3: Here's How to Shop Target's Exclusives and Midnight Releases
Prnewswire· 2025-10-02 13:01
Accessibility StatementSkip Navigation Exclusive vinyl and CD editions available only at Target First retailer nationwide to make the exclusive editions available for fans, with 500 stores across the country to host midnight releases Guests can preorder now at Target.com MINNEAPOLIS, Oct. 2, 2025 /PRNewswire/ --Â Target Corporation (NYSE: TGT) announced that Taylor Swift's 12th studio album, "The Life of a Showgirl," will release Oct. 3 featuring exclusive items available only at Target. Guests can preorder ...
Target Debuts Collection of New and Exclusive Products for Universal Pictures' 'Wicked: For Good'
Prnewswire· 2025-10-02 10:01
Fans can celebrate one of 2025's biggest cultural moments with 200 new 'Wicked' and 'Wicked: For Good' products, with nearly half of the assortment exclusive and priced under $20 Including a collection featuring exclusive apparel and home decor by designer Katie Kime Accessibility StatementSkip Navigation Pre-orders available today for an exclusive 'Wicked' collector's book featuring a sneak peek at the upcoming film, letters from the leading ladies and images from the film MINNEAPOLIS, Oct. 2, 2025 /PRNews ...
Activist Investor Presses Target to Keep Outgoing CEO Out of Board Chair Slot
Barrons· 2025-10-01 21:55
Skip to Main Content This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Activist Investor Presses Target to Keep Outgoing CEO Out of Board Chair Slot By Sabrina Escobar Share Resize Reprints In this article TGT Target's lackluster performance has drawn the attention of an a ...