Deckers Outdoor (DECK) walked into its earnings night with everything a footwear company could want. Record fiscal 2026 revenue, record EPS, a blockbuster $3.5 billion buyback authorization, and a fiscal 2027 outlook that came in above Wall Street‘s consensus. Then, Bank of America trimmed its price target the next morning anyway, MarketScreener reports. The new
Few companies in enterprise software have staked their future as explicitly on a single product bet as Salesforce has on Agentforce. The agentic AI platform has been the centerpiece of every investor conversation, every earnings call, and every product announcement for the past two quarters. On May 27, that bet gets its next public scorecard.
For years, Wall Street has poured billions into AI-focused companies on the strength of strategic promises. Now one of the most influential voices in global dealmaking says the technology has moved from hype to real execution and scaling. That era of speculative betting on flashy presentations and vague roadmaps may be reaching a turning point,
BJ’s Wholesale is seeing a ripple effect from economic pressure that has boosted its gas business in recent months. However, its retail business continues to face challenges as demand grows unevenly. In response, the company is planning significant in-store changes that could affect how customers shop. In the first quarter of 2026, BJ’s comparable club
Ross Stores has seen stronger consumer demand in recent months as more shoppers hunt for lower prices. In response to this heightened momentum, the company’s CEO is planning to roll out a major in-store change that risks hindering this growth. The first few months of 2026 have been profitable for Ross, which also owns DD’s
Over the past few years, the sluggish U.S. housing market has weighed heavily on home improvement retail, and Lowe’s hasn’t been immune. After weak sales growth in 2025, the home-improvement retail chain has recently expanded its deals and services to win back customers. As these changes roll out, Lowe’s has noticed a concerning shift in
Take-Two Interactive (TTWO) just delivered one of the cleanest earnings beats the company has posted in years, and Morgan Stanley isn’t changing its tune. The Wall Street firm maintained its Overweight rating and $280 price target on TTWO after Take-Two’s fiscal fourth quarter results, which landed on May 21. Bookings beat estimates by 3%, and
For decades, Berkshire Hathaway’s quarterly stock filings have been treated like a roadmap into Warren Buffett’s thinking. However, the latest one feels very special. Berkshire Hathaway (BRK.A) (BRK.B) unveiled a wide-ranging portfolio overhaul in its latest 13F filing, adding a big new stake in Delta Air Lines (DAL), increasing its stake in Alphabet (GOOGL) (GOOG),
After months of market expectations of rate cuts this year, Federal Reserve Governor Christopher J. Waller signaled a major hawkish shift and warned that the U.S. central bank may need to raise interest rates due to the inflation risks from the Iran War. The central bank’s current “wait-and-see” approach to holding rates steady is appropriate
Most people think of Airbnb the same way they thought of Amazon in 1999 — a useful but narrowly defined platform. Amazon sold books. Airbnb rents homes. Both descriptions were accurate. Both turned out to be wildly incomplete. Brian Chesky wants you to rethink what Airbnb is becoming. The CEO sat down with CNBC recently