Thanks to a scarcity of government data on how much (or little) consumers are spending, Wall Street is analyzing this quarter’s retail earnings reports even more closely than usual. And those numbers have made one thing clear: Walmart is still the retail king. The country’s largest retailer not only beat earnings and revenue estimates during its third quarter but also bumped its full-year sales and earnings outlook higher. That’s the second quarter in a row Walmart has increased its forecast for the year, ...

Core Insights - Nvidia's shares experienced a decline of 3.2% despite a strong earnings report, reflecting a broader trend in the tech sector where major U.S. equity indexes closed lower [2][3] - Walmart's shares surged nearly 7% after reporting quarterly earnings that exceeded analysts' expectations, indicating positive consumer spending trends [6][7] - Other AI chipmakers, including AMD and Broadcom, also saw significant declines, with AMD dropping nearly 8% and the PHLX Semiconductor Index falling by nearly 5% [3][4] Nvidia Performance - Nvidia's stock was one of the worst performers in the Dow, contributing to a 0.8% decline in the index, while the S&P 500 and Nasdaq fell by 1.6% and 2.2%, respectively [3] - The decline in Nvidia's stock occurred despite the company posting better-than-expected quarterly results, highlighting volatility in the tech sector [7] Retail Sector Insights - Walmart's strong performance was driven by year-over-year growth in e-commerce sales and advertising revenue, suggesting a positive outlook for U.S. consumer spending as the holiday season approaches [6][7] - Jacobs Solutions saw a significant drop of nearly 11% in its shares due to a year-over-year decline in quarterly profits, attributed to changes in the value of its investment in Amentum [4] Cryptocurrency Market - Bitcoin's price continued to decline, hovering around $87,000, which negatively impacted shares of Robinhood Markets and Coinbase Global, with declines of about 10% and 7.4%, respectively [5] Regulatory Approvals - Regeneron Pharmaceuticals received FDA approval for its Eylea HD eye treatment, leading to a 5% increase in its shares, indicating positive developments in the healthcare sector [8] Mergers and Acquisitions - Solventum announced its acquisition of Acera Surgical for $725 million, with potential additional payments of up to $125 million, resulting in a nearly 3% increase in its shares [9]

Shares of Walmart took a hit in early Thursday trading, after the big-box retail behemoth beat Wall Street's forecasts for overall third-quarter profit and sales but saw a disappointing performance at... ...

Core Insights - Target Corporation reported third-quarter adjusted earnings per share (EPS) of $1.78, surpassing the analyst consensus estimate of $1.72, but the stock fell following the announcement [1] - The company is enhancing its artificial intelligence capabilities by integrating ChatGPT into its operations through an expanded partnership with OpenAI [1] - Target has revised its 2025 adjusted EPS outlook to a range of $7.00–$8.00, down from $7.00–$9.00, which is below the consensus estimate of $7.36 [1] Financial Performance - For the fourth quarter of 2025, Target expects a low-single-digit decline in sales [2] - Analyst Joseph Feldman from Telsey Advisory Group maintained a Market Perform rating on Target's stock with a price forecast of $110 [3] - Target shares were trading lower by 2.47% to $86.22 following the mixed third-quarter results and guidance [4] Future Outlook - Feldman anticipates that same-store sales will decline by 2.1% in 2025, with a projected growth of 1.5% in 2026 [4] - For 2025, the expected EPS is $7.48, indicating a cautious outlook for the company's financial performance [4] - Incoming CEO Michael Fiddelke aims to enhance sales and efficiency through improved merchandising and technology utilization, although these efforts may require time for investors to see results [3][4]

Core Insights - Target Corporation reported third-quarter adjusted earnings per share (EPS) of $1.78, surpassing the analyst consensus estimate of $1.72, but the stock fell following the announcement [1] - The company is enhancing its artificial intelligence initiatives by integrating ChatGPT into its operations through an expanded partnership with OpenAI [1] - Target has revised its 2025 adjusted EPS outlook to a range of $7.00–$8.00, down from $7.00–$9.00, which is below the consensus estimate of $7.36 [1] Financial Performance - For the fourth quarter of 2025, Target expects a low-single-digit decline in sales [2] - Analyst Joseph Feldman from Telsey Advisory Group maintained a Market Perform rating on Target's stock with a price forecast of $110 [3] - Target shares were trading lower by 2.47% to $86.22 following the mixed third-quarter results and guidance [4] Future Outlook - Feldman anticipates that same-store sales will decline by 2.1% in 2025, with a projected growth of 1.5% in 2026 [4] - For 2025, the expected EPS is $7.48 [4] - Incoming CEO Michael Fiddelke aims to enhance sales and efficiency through improved merchandising and technology utilization, although these efforts may require patience from investors [3][4]

Target Corporation (NYSE:TGT) stock slipped in early trading on Thursday as the retailer reported a third-quarter profit beat but posted underwhelming sales and trimmed its full-year earnings outlook heading into the crucial holiday stretch.At the same time, the big-box chain is leaning into an attention-grabbing artificial intelligence push, wiring its aisles into ChatGPT through an expanded OpenAI partnership.The company reported third-quarter adjusted earnings per share of $1.78, beating the analyst cons ...

Today, retail giant Target Corporation (NYSE: TGT) reported its third-quarter fiscal 2025 earnings. Unfortunately, for the company and its investors, the results were a continuation of what Target has been seeing for years now: declining sales. Most Read from Fast Company Here’s what you need to know about Target’s Q3 and the impact the earnings are having on the company’s stock price today. Target’s Q3 2025 at a glance Here’s what the big box retailer reported for its Q3 2025: Net sales: $25.3 billio ...

Stocks moved mostly higher on Wednesday following a tech-led sell-off as investors awaited earnings from Nvidia (NVDA) that will set the tone for the next leg of the AI trade. The Nasdaq Composite (^IXIC) moved up 0.8%, while the S&P 500 (^GSPC) put on 0.5%. The Dow Jones Industrial Average (^DJI), which includes fewer tech names, traded broadly flat. The moves came on the heels of run of sharp losses for stocks. Investors are bracing for Nvidia’s third-quarter earnings due after Wednesday’s close, whic ...

Core Insights - Big-box estimates have slightly decreased due to a decline in foot traffic, raising concerns among analysts about consumers potentially losing their shopping appetite [1] Group 1 - Analysts are worried about the declining foot traffic in big-box stores, which may indicate a shift in consumer behavior [1] - The overall estimates for big-box retailers have been adjusted downward as a result of these trends [1]

Group 1: Workforce Reduction and Management Changes - Target announced the elimination of 1,800 corporate positions, marking its first major workforce reduction in a decade, as incoming CEO Michael Fiddelke aims to reverse four years of stagnant sales [1] - The layoffs indicate that Target may lack the operational efficiency and strategic clarity needed to compete effectively in a challenging macro environment [5] Group 2: Financial Performance and Market Position - Target's market cap is valued at $43 billion, with its stock down 65% from all-time highs, underperforming peers such as Walmart and Costco [2] - Over the last 10 years, Target stock has returned 73% to shareholders after adjusting for dividend reinvestments, while Walmart and Costco have returned 564% and 620%, respectively [2] Group 3: Revenue and Sales Outlook - Target expects revenue to decline year-over-year in fiscal 2026, indicating challenges with inventory management and store traffic [4] - The retailer generates 50% of its sales from discretionary products, making it more vulnerable to economic downturns compared to Walmart, which generates 40% from discretionary items [4] Group 4: Operational Improvements and Consumer Trends - Target saw some improvement in the second quarter, with strengthening traffic and comparable sales trends, particularly in physical stores [6] - Notable strength was observed in gaming, toys, and trading cards, as customers responded positively to new products and innovation [6] Group 5: Strategic Adjustments and Future Outlook - Target has invested significant resources in managing tariff impacts through product development adjustments, sourcing changes, and supply chain modifications [8] - While short-term pressure on profit margins is expected, management believes that the bottom line will expand over the next 18 months [8]