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As of May 16, 1:04 AM ET ·
TGT News30 articles
McDonald's Stock Edges Higher Amidst Broader Market Decline; Focus on Value Strategy
McDonald's shares closed up Friday despite a broader market selloff, as the company's value strategy and Q1 earnings beat offer some support.
Analysis
Wall Street Rally Pauses as Oil Surge and Yield Spike Trigger Broad Selloff
U.S. stocks ended lower Friday, snapping a record run as rising oil prices and Treasury yields rattled markets. The S&P 500 still eked out a weekly gain of 0.1%.
Markets
Prediction Markets Signal No Fed Rate Cuts in 2026, Pressuring Stocks
Polymarket and Kalshi now see a 69% chance of no Fed rate cuts in 2026, as rising oil and yields pressure stocks. Key earnings from Nvidia, Walmart, and others will test the market next week.
Markets
Stocks Slide as Bond Yields Climb, Inflation Fears Resurface
U.S. stocks dropped Friday as rising bond yields and oil prices reignited inflation fears, with the S&P 500 falling 1.2% and the Nasdaq losing 1.5%.
Markets
Wall Street Pauses as Oil Surge, Yields Temper AI Rally
U.S. stocks retreated Friday as higher oil prices and Treasury yields halted the AI-led rally. The S&P 500 fell 1.24%, while the Nasdaq dropped 1.54%, with chip stocks hit hard.
Markets
NextEra-Dominion Merger Talks, Nvidia Earnings, and Retail Reports Set for Busy Week
NextEra Energy and Dominion Energy are in merger talks for a $400B utility, Nvidia reports earnings Wednesday, and major retailers like Walmart and Home Depot release results. Markets await Fed rate decisions.
Markets
Dow Reclaims 50,000 as AI Rally Hits Yield Headwinds
U.S. stock futures fell Friday after the Dow reclaimed 50,000, as rising Treasury yields and oil prices tempered AI-driven gains. Cisco surged on earnings, with Nvidia and key retailers on deck.
Markets
Target's Rally Hits a Wall as Earnings Prove Crucial
Target shares dropped 5.44% Monday, the steepest decline since August, as the market demands tangible proof of a turnaround ahead of the May 20 earnings report.
Earnings
Kohl's Plunges 9.8% as Rising Gas Costs Squeeze Consumer Spending
Kohl's shares dropped 9.8% as higher gas prices strain household budgets, with the retailer's turnaround efforts under pressure. The stock hit an intraday low of $12.88.
Markets
USDA Tightens SNAP Stocking Rules: Retailers Must Offer 28 Staple Items by Fall 2026
USDA finalizes SNAP stocking rules effective fall 2026, mandating 28 staple food varieties, impacting small grocers and convenience stores.
Regulation
New England States Target Self-Checkout with Legislative Caps
Massachusetts lawmakers advance a bill capping self-checkout stations at eight per store, with similar proposals in Rhode Island and Connecticut.
Regulation
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.
Regulation
Leadership Shuffle at Pro Medicus Amid Valuation Debate
Pro Medicus announces new CFO amid a steep year-to-date stock decline, with analysts split on its valuation. Meanwhile, U.S. markets extend weekly losses on Middle East tensions.
Markets
Amazon Shares Dip Amid Investor Caution Over Spending, Market Pressures
Amazon shares fell 0.7% to $208.11 Friday, overshadowing a favorable court ruling and a new AI hardware deal. Investor focus remains on the company's substantial capital expenditure plans and a challenging market environment.
Markets
Micron Shares Retreat Ahead of Key Index Inclusion and Earnings Report
Micron Technology shares declined roughly 6.7% before Monday's opening bell, pressured by broader market weakness and anticipation surrounding upcoming earnings and index rebalancing.
Earnings
Target Unveils $5B Revamp Plan Amid Sales Slump, Shares Rally
Target Corporation is boosting its 2026 capital spending to $5 billion, adding over 30 new stores and 130 remodels. The retailer reported a 1.5% drop in Q4 net sales but shares jumped nearly 7% on the strategic outlook.
Earnings
Oil Spike, Rate Fears Drive Sharp Selloff; Target Gains on Earnings
Major U.S. equity indices fell sharply Tuesday, pressured by a surge in oil prices and rising Treasury yields that dampened expectations for near-term Federal Reserve rate cuts. Retailer Target posted gains following its quarterly report.
Markets
Target Projects 2026 Sales Rebound as New CEO Charts Turnaround
Target Corporation has issued a 2026 outlook projecting a return to net sales growth of approximately 2%, alongside an earnings per share forecast between $7.50 and $8.50. The retailer's shares advanced 5.5% in premarket trading following the announcement.
Earnings
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
PepsiCo Nears 52-Week High Ahead of Dividend and Key Economic Data
PepsiCo shares gained 1.29% to $169.74 Friday, closing just under its 52-week peak. The company faces retailer pressure on ingredients while preparing for its March 31 dividend payout.
Markets
Costco Shares Surge on Bank of America Buy Rating Ahead of Earnings
Costco Wholesale shares gained over 2% to close above $1,010 following a Buy initiation from Bank of America. Focus turns to the retailer's upcoming quarterly report on March 5.
Earnings
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.
Markets
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.
Markets
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.
Regulation
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.
Earnings
Costco Approaches $1,020 Ahead of Key March Earnings Report
Costco Wholesale shares gained nearly 2% to close at $1,018.48 on Friday, with trading volume around 2.7 million. Investors now await the company's second-quarter earnings and February sales report scheduled for March 5.
Earnings
Walmart Earnings Loom as Investors Gauge Consumer Health
Walmart shares approach $134 as the retail giant prepares to report quarterly earnings, offering a crucial snapshot of consumer demand ahead of key economic data.
Earnings
Home Depot Eyes $391 as Packed Week Brings Fed Minutes, Inflation Data
Home Depot shares edged higher to $391.05 Friday. Markets face a compressed week with critical Fed minutes and economic data ahead of the retailer's quarterly report.
Markets
Costco Shares Retreat Amid Economic Data Watch, Bernstein Boosts Target
Costco stock declined in midday trading as investors awaited key U.S. economic reports, while Bernstein raised its price target on the retailer.
Markets
Costco Shares Surpass $1,000 Milestone as Investors Eye Upcoming Earnings
Costco stock closed above $1,000 after a 1.2% gain, with January sales rising 9.3%. The retailer's fiscal Q2 results and February sales figures are due March 5.
Markets