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Target posted stronger quarterly sales and raised full-year guidance, supported by a $752 million tariff refund boost. The retailer’s comparable sales exceeded Wall Street expectations as its turnaround strategy gains momentum.
BMO’s transportation unit, being sold to Stonepeak, showed strengthening trucking credit conditions in third-quarter earnings, with provisions for credit losses hitting their lowest level since early 2023.
Nvidia stock declined for seven consecutive trading days ahead of its earnings report, marking its longest losing streak since 2022, with the stock down approximately 7% during the period.
Visa and Mastercard shares closed at record highs in August, with Visa rising 3.1% to $382.41, reflecting continued strength in U.S. consumer spending despite broader economic pressures.
RBC Capital Markets cut profit forecasts for H&M and JD Sports, citing weak German consumer demand driven by higher costs of living and shifting shopping patterns toward e-commerce.
Gorilla Technology Group raised full-year 2026 revenue guidance to at least $200 million, with Q2 showing a 95% reduction in operating loss driven by completed deliverables and infrastructure deployment.
