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Buy's Strong Q2 Overshadowed by Cautious Outlook as Computing Tailwind Fades, Wedbush Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2662409284","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662409284?lang=en_us&edition=fundamental","pubTime":"2026-08-28 23:39","pubTimestamp":1787931599,"startTime":"0","endTime":"0","summary":"Best Buy's  strong fiscal Q2 results contrasted with a cautious outlook for the rest of the year, as the electronics retailer expects computer demand to moderate after a temporary Windows 10-related boost, Wedbush Securities said Friday in a report.Best Buy delivered broad-based strength in Q2, with comparable sales rising 4.1%, well above consensus and driven by gains in computing, mobile phones, home theater and emerging products such as AI glasses, Wedbush said. Adjusted EPS of $1.46 also topped expectations, though margins were softer because higher incentive compensation diluted the beat, the report said.Wedbush raised its fiscal 2027 EPS estimate to $7.65 from $7.27, saying the forecast appears achievable, though the stock's outlook is balanced given uncertain consumer response to rising computing prices and potential tariff-refund-driven promotions during the holiday season.Wedbush reiterated its neutral rating on Best Buy stock and its $85 price target.Price: 82.87, Change: -0.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0985481810.HKD","LU0225771236.USD","BK4076","LU0868494617.USD","LU0306806265.USD","LU0306807586.USD","BK4567","BBY","LU0321505868.SGD","LU0868494708.USD","LU0942090050.USD","BK4585","LU0321505439.SGD","BK4588","BK4533","LU0225284248.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2662923470","title":"Nvidia or Marvell: Only One AI Stock Is a Buy Following Earnings, Says Investor","url":"https://stock-news.laohu8.com/highlight/detail?id=2662923470","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662923470?lang=en_us&edition=fundamental","pubTime":"2026-08-28 23:33","pubTimestamp":1787931192,"startTime":"0","endTime":"0","summary":"It’s been a big week for chip stocks. 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175-Point Rally Highlighted by Gains in Amazon.Com Inc., Salesforce Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2662884094","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662884094?lang=en_us&edition=fundamental","pubTime":"2026-08-28 22:58","pubTimestamp":1787929080,"startTime":"0","endTime":"0","summary":"DJ Dow's 175-Point Rally Highlighted By Gains In Amazon.Com Inc., Salesforce StocksThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Amazon.com Inc. and Salesforce are trading higher Friday morning, sending the Dow Jones Industrial Average into positive territory.The Dow  is trading 178 points, or 0.3%, higher, as shares of Amazon.com Inc.  and Salesforce  are contributing to the blue-chip gauge's intraday rally.Amazon.com Inc.'s shares have gained $9.04, or 3.5%, while those of Salesforce are up $8.74, or 3.5%, combining for a roughly 106-point boost for the Dow.Alphabet Inc. Cl A , Nike , and Microsoft  are also contributing significantly to the gain.A $1 move in any of the index's 30 components results in a 5.94-point swing.Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 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Flags AI-Driven Earnings Boom May Mask Stretched Valuations as Growth Normalizes","url":"https://stock-news.laohu8.com/highlight/detail?id=2662099643","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662099643?lang=en_us&edition=fundamental","pubTime":"2026-08-28 22:14","pubTimestamp":1787926484,"startTime":"0","endTime":"0","summary":"BCGE flags AI-driven earnings boom may mask stretched valuations as growth normalizesBCGE flagged limits in 12-month forward P/E ratios for AI-linked stocks, arguing profit growth is unusually inflated and may mask valuation risk.Nasdaq-100 trades near 21x earnings, down from almost 100x in the late-1990s tech bubble, within the 20-30x range since 2020.Nvidia profit rose from about USD 10 billion in 2022 to USD 30 billion in 2024, reaching USD 106 billion in 2026.Market expectations imply Nvidia profit of USD 353 billion in 2028, raising the key question of how long exceptional growth persists.Rising competition, including from China, could compress margins as AI performance reaches “good enough,” shifting focus to where growth “lands.”Disclaimer:This news brief was created by Public Technologies  using generative artificial intelligence. 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