Best Buy Co Inc Stock News

Best Buy (BBY) concluded the recent trading session at $75.17, signifying a -1.47% move from its prior day's close.

Best Buy's stock price has risen recently, but the future outlook looks poor based on lowered sales revenue. Shrinking sales revenue, slow adaptability, and overvaluation make Best Buy a poor stock to

Last month, the economy added 303,000 nonfarm payrolls, potentially translating to a swing higher in consumer cyclical stocks. More dollars are chasing after fewer goods.

Best Buy, in a shift toward AI, laid off Geek Squad field agents, home-theater repair technicians and phone support specialists, according to current and former employees.

Best Buy (BBY) collaborates with Google Cloud and Accenture to launch gen AI-driven customer and employee support services, enhancing efficiency and personalization.

Consumption spending is the key growth driver for the U.S. economy. Within consumption spending, retail sales are an important catalyst for GDP growth.

CNBC's Jim Cramer explains why he is keeping an eye on shares of Best Buy.

Best Buy laid off numerous employees in its field tech support division. Geek Squad workers told 404 Media they were let go last week in brief calls with managers.

Best Buy (NYSE: BBY ) layoffs are a hot topic on Monday as the technology retailer made major cuts to its Geek Squad support jobs. Former employees of Best Buy who were part of its Geek Squad division

Altman is best known as the CEO of OpenAI, but he also led Y Combinator and a number of start-ups. He recently attracted attention for his investment in Reddit, which is valued at $600 million after i

When investment giants like Warren Buffett spot the rare opportunity to buy a value stock, they more than often pass on the chance. Because they manage such large amounts of capital, investing less th

Best Buy (BBY) boosts customer experience with digital upgrades and health tech partnerships. Its growing membership program and strategic adjustments address market challenges.

Anthony Chukumba, Loop Capital senior analyst, joins 'The Exchange' to discuss his bullish outlook for Best Buy, the company's stock potential compared to those with more direct housing market exposur

The shares of retailer Best Buy Co Inc (NYSE:BBY) are enjoying a lift, after an upgrade from Telsey Advisory Group to "outperform" from "market perform," with a price-target hike to $95 from $85.

The Census bureau recently reported U.S. retail sales rose a strong 0.6% in February compared to January, reaching $700 billion. Food services and drinking businesses stood out, up 6.3% YOY.