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Target Corp (DYH.BE)
- Yahoo Finance Video
What Target vs. Walmart earnings tell us about the consumer
Target (TGT) recently posted its first-quarter earnings, missing out on Wall Street estimates, revealing a loss of 3% in comparable sales year-over-year and a drop in US traffic by 1.9% year-over-year. Meanwhile, in Walmart's (WMT) recent quarterly report revealed an increase in comparable sales and US traffic by 3.8% year-over-year. Yahoo Finance Retail Reporter Brooke DiPalma joins Wealth! to compare the earnings figures between these two retail giants and what they signal about the consumer. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
Stocks await Nvidia earnings, Target, Fedspeak: 3 Things
Stocks (^DJI, ^IXIC, ^GSPC) are preparing for Nvidia's (NVDA) earnings due out after the market close, which could be a make-or-break factor for May market rallies. Target (TGT) narrowly missed first-quarter estimates on the top and bottom lines as the retailer reports consumer pullbacks on discretionary spending. Minutes from the Federal Reserve's latest FOMC meeting will be released this afternoon, giving a clearer indication of where the Fed stands on interest rates following commentary from central bank officials. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Nvidia earnings, FOMC minutes, housing data: What to watch
Yahoo Finance's Julie Hyman and Josh Lipton break down what to watch on Wednesday, May 22. Several companies are set to report their earnings, with Nvidia (NVDA) being the most highly anticipated. Retailers like TJX (TJX) and Target (TGT) are also expected to report earnings, as well as Synopsys (SNPS), Williams-Sonoma (WSM), and e.l.f. Beauty (ELF). The Federal Reserve will also release its May FOMC meeting minutes, offering insight into its monetary policy decisions. Finally, new data on existing home sales for April will be released, which analysts expect will increase. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
