US stock futures are down, led by a 1% drop in the Nasdaq-100, due to escalating tensions in the Middle East. President Trump's threats against Oman and Iran have driven oil prices up to their highest in two weeks, with Brent crude at $91 a barrel. Rising oil prices stoke inflation fears, causing US Treasury yields to climb to multi-year highs amid heavy government borrowing and strong demand for AI investments. Despite the turmoil, Home Depot shares rose 1% pre-market, while Toll Brothers and Klarna await earnings reports.
Home Depot reported fiscal second-quarter results that exceeded Wall Street expectations in both earnings per share and revenue, with adjusted EPS of $4.92 versus $4.73 expected and revenue of $47.86 billion versus $47.27 billion expected. Despite op...
Home Depot reported a 5.7% increase in second-quarter fiscal 2026 sales to $47.9 billion, with net earnings rising to $4.8 billion or $4.79 per diluted share, up from $4.6 billion and $4.58 respectively in the prior year. Comparable sales grew 1.7%, ...
Jefferies downgraded Home Depot from Buy to Hold due to worries over minimal profit growth despite expected revenue rise in Q2. Customer transactions have declined for five quarters, indicating growth relies on bigger purchases, not more customers. M...
Walmart reports earnings Thursday amid concerns that U.S. comparable sales may miss expectations, with Oppenheimer downgrading the stock due to slower growth in General Merchandise and Health & Wellness. Target and Home Depot earnings earlier in the ...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
