BBY
NYSE · Retail
Best Buy Co Inc
$76.01
+1.28 (+1.71%)
BBY News22 articles
Wall Street Hits Records; Dell's AI Revenue Surge Sparks After-Hours Rally
The S&P 500, Nasdaq, and Dow all closed at record highs Thursday. Dell surged 39% after hours on boosted AI-server revenue outlook, while PCE inflation hit 3.8% and GDP growth was revised lower.
Wall Street Mixed as Tech, Healthcare Lift S&P 500 and Nasdaq to Fresh Records
The S&P 500 and Nasdaq extended their record runs, driven by tech and healthcare stocks, as reports of a potential U.S.-Iran ceasefire lifted sentiment. The Dow edged lower, and inflation data remained elevated.
AI Optimism Offsets Inflation Concerns; S&P 500 Edges Higher
S&P 500 and Nasdaq rose Thursday as AI-related earnings boosted sentiment, offsetting higher inflation and geopolitical risks. The Dow slipped.
US Futures Advance Post-Holiday; AI Chip Stocks Rally, Iran Talks Eyed
US stock futures climbed Tuesday, with chip stocks rallying as markets reopened after Memorial Day. Investors eye Iran talks and consumer confidence data.
Oil Surge on Iran Strikes, Fed Policy Jitters Weigh on Markets
U.S. stock futures edged higher Tuesday but gains faded as Brent crude surged over 2% to $98.21 on new U.S. strikes in Iran, raising inflation fears and Fed uncertainty.
S&P 500 Logs 8th Weekly Gain as PCE Inflation Looms
The S&P 500 notched its eighth straight weekly gain, and the Dow closed at a record. Investors now await April PCE inflation data and a compressed trading week.
S&P 500 Notches Eighth Straight Weekly Advance; PCE Data in Focus
The S&P 500 rose for an eighth straight week, and the Dow hit a record close. Investors now await Thursday's PCE inflation data, with bond yields and geopolitical risks in focus.
GameStop's $9 Billion War Chest Fuels Stock Rally
GameStop shares climbed to $26.61 as the market speculates on CEO Ryan Cohen's strategy for the company's $9 billion cash pile. Q4 results revealed a sales decline but improved operating income.
Costco Faces Growing Pressure Over Tariff Refund Transparency
House Democrats are pressing Costco and other retailers to clarify how tariff refunds will reach consumers, while a class action lawsuit demands payback. COST shares last traded at $1,011.15.
GameStop Surges on Deal Speculation and CEO Ambitions
GameStop shares climbed more than 4% Wednesday, trading above $25 as renewed interest in CEO Ryan Cohen's acquisition strategy and a promotional push fueled buying. The stock's move reflects investor focus on the company's substantial cash reserves rather than its declining core business.
Best Buy Announces CEO Transition Amid Challenging Sales Environment
Best Buy has announced a leadership change, with CEO Corie Barry departing at the end of October. Long-time executive Jason Bonfig will take the helm as the company contends with soft comparable sales and a cautious consumer.
FTSE 100 Retreats on Insurer Weakness, Geopolitical Jitters
London's FTSE 100 declined 0.9% on Wednesday, giving back some of the prior session's sharp gains. Legal & General shares dropped 5% following disappointing results, while Balfour Beatty jumped as much as 12% on an upbeat forecast.
Dow Trims Losses as Oil Spike Fuels Inflation Worries
The Dow Jones Industrial Average recovered from deeper losses but remained down 0.14% by midday Monday as a sharp jump in oil prices stoked inflation fears. Early declines were led by Sherwin-Williams and 3M.
Markets Brace for Volatility as Middle East Tensions Escalate
Geopolitical tensions and oil supply fears weigh on markets as stocks closed February with significant monthly losses. All eyes are on the Strait of Hormuz and upcoming U.S. economic data.
Geopolitical Shock, Oil Spike, and Jobs Data Set Tense Week for Markets
Markets enter March under pressure after a deadly strike on Iran's leader triggered a key oil chokepoint closure, sending Brent crude higher. The S&P 500 just logged its steepest monthly decline since March 2025.
Walmart Settles FTC Driver Pay Case for $100M as Shares Defy Market Dip
Walmart will pay $100 million to resolve FTC allegations it misled delivery drivers about earnings. Its stock rose 2.84% to $127.95 on Friday, outperforming the market.
Costco Shares Surge Past $1,000 Mark as Bank of America Issues Bullish Call
Costco Wholesale Corporation shares gained 2.44% to close at $1,010.79, outperforming a weaker market. Bank of America reinstated coverage with a Buy rating and a $1,185 target, citing the retailer's broad consumer appeal.
Soybeans Climb on Export Sales; Best Buy Seen Undervalued
Soybean futures gained Thursday following USDA export sales data. In equities, Best Buy appears significantly undervalued, while Indian IT shares sold off sharply amid AI disruption concerns.
Auburn's Ikeda's Wins USA Today Best Pie Shop, Boosts Local Retail
Ikeda's California Country Market wins USA Today's Best Pie Shop award, gaining national attention and a boost in customer traffic during peak summer travel season.
BigBear.ai Stock Faces Key Resistance After Best Week in 8 Months
BigBear.ai shares slipped premarket after a 5.95% Monday gain, following the best weekly performance in 8 months. The stock faces a critical test at $5.40 resistance as investors assess the Panama logistics deal and mixed financials.
Hormel Shares Surge on Strong Protein Demand, Besting Q2 Forecasts
Hormel Foods (HRL) shares surged 6.8% premarket after reporting fiscal Q2 results that beat estimates on both sales and profit, driven by strong demand for protein-rich foods.
Dow Surges 700 Points as Earnings Power Stocks Toward Best Month Since 2020
The Dow Jones surged 700 points on Thursday, leading a broad rally as strong corporate earnings pushed major indexes toward their best monthly gains since 2020, shrugging off oil price concerns.