This week promises to be eventful with Ukrainian President Zelensky’s visit to Washington, along with European leaders. The Fed’s Jackson Hole event kicks off, where Fed officials may hint at a September rate cut, impacting stock trading.
Chipotle has seen impressive growth over the past decade, with shares up 264%. The company is now focusing on new technology, international expansion, and menu innovation to stay competitive in a changing market.
Earnings reports from Target, Walmart, and Home Depot this week will shed light on consumer response to tariffs. Target faces challenges, while Walmart’s low prices are gaining market share. Home Depot may benefit from falling mortgage rates and expectations of a rate cut.
Analysts warn of challenges for Target, with slowing digital sales growth and pricing headwinds. Walmart’s competitive pricing is outshining Target, while Home Depot is seeing potential benefits from lower mortgage rates. Share prices for Home Depot and Lowe’s have gained ahead of a possible rate cut.
Read more at Yahoo Finance: Target is probably still missing the mark: Opening Bid top takeaway