The markets are waiting for new catalysts, like earnings reports from Home Depot, Target, and Walmart. The Dow Jones, Nasdaq, and S&P 500 have been flat. Intel is seeking to boost its future product roadmap with $2 billion from SoftBank. CEO Lip-Bu Tan gains support from Masa.
SoftBank’s investment gives it a 2% stake in Intel. Analysts are watching to see if AMD takes more market share. Home Depot’s CFO downplayed an earnings miss, citing late quarter sales strength. Whirlpool’s poor results set the stage. Intel is not in a financial crisis yet.
Home Depot’s wins include strong US sales and maintained margins. Losses include an earnings miss and the need for an interest rate cut. Tariffs may lead to modest price increases on some imported goods. Customers are deferring large projects due to high borrowing rates.
Brian Sozzi, Yahoo Finance’s Executive Editor, provides insight on the impact of tariffs and interest rate cuts on Home Depot’s business. Follow Sozzi on social media for more updates. Stay informed with the latest stock market news and analysis from Yahoo Finance.
Read more at Yahoo Finance: Intel meltdown rages on: Opening Bid top takeaway
