Target posts another quarter of slipping sales, offers upbeat annual profit outlook for 2026

Target reported another quarter of declining sales and profits as it works to regain its footing with customers facing higher prices almost everywhere, but the retailer offered a profit outlook that topped Wall Street expectations and signaled quarterly sales growth ahead. The Minneapolis-based company said it earned $2.30 per share, or $1.05 billion, for the … Read more

AI giant Nvidia made $120 billion in profit last year. Investors are still spooked.

Nvidia — the most valuable company in the world thanks to its place atop the AI food chain — generated a staggering $120 billion in profits last year. This includes an eye-popping $43 billion during the three-month period ending in January, one of the strongest quarters of any business ever recorded. Investors didn’t seem to … Read more