PCE Inflation In-Line With Expectations

12:02pm, Thursday, 31'st Aug 2023
Normally, the week prior to the long Labor Day weekend is very quiet for stock market news — many investors are just now re-directing their yachts back toward their slip — but this week is a bit o

Top Calls: Best Buy Earnings Top Estimates

03:43pm, Tuesday, 29'th Aug 2023
Sean Dunlop, Morningstar Equity Analyst, joins Katie Greifeld and Sonali Basak to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances.
Best Buy (BBY) reports better-than-expected second-quarter fiscal 2024 earnings. However, its sales decline from the year-ago quarter due to weak enterprise comparable sales.
Best Buy's CEO said we're in "the low point in tech demand after two years of sales declines." Shoppers are spending more on experiences and preparing for the return of student-loan repayments.
While the top- and bottom-line numbers for Best Buy (BBY) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to
Best Buy Co. Inc. Chief Executive Corie Barry is making the call for a bottom in tech demand on the consumer-electronics retailer's post-earnings conference call with analysts, according to an AlphaSe
Michael Lasser, UBS analyst, joins 'Squawk on the Street' to discuss what Lasser learned from Best Buy's earnings results, the key catalysts for Best Buy's growth, and the market's reaction to Best Bu
Best Buy expects declining tech sales to hit a low this year before stabilizing, in another sign of consumer caution around discretionary spending and retail purchases.
Best Buy Co Inc   (NYSE:BBY ) is up 5.1% to trade at $77.80 this morning, after the retailer topped analysts' second-quarter earnings and revenue expectations.
Best Buy ‘beats' Best Buy Co Inc (NYSE:BBY) stock started Tuesday on the front, up 5.3% at $77.99, after it reported second-quarter results that were ahead of market expectations, whilst also reflec
Best Buy (BBY) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.54 per share a year ago.
Best Buy Co Inc (NYSE:BBY) stock started Tuesday on the front after it reported second quarter results that were ahead of market expectations, whilst also reflecting a normalization of spending patter
While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook.
Shares of Best Buy Co. Inc. BBY, +1.93% got a 0.5% boost in premarket trading Tuesday, after the consumer electronics retailer reported fiscal second-quarter results that beat expectations, while prov
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