BBY stock news · Best Buy Co., Inc.
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Amazon and Walmart are being challenged by new AI tools that help shoppers decide what to buy.
NeutralBest Buy appeared in the report’s U.S. group alongside Walmart. The report does not show that this visibility leads to more shoppers or sales for Best Buy.
Mark Zuckerberg announced that Muse will remain free for many users, with Walmart, Sephora, Best Buy, and others joining in.
Good for BBYBest Buy is integrating with Muse to enable in-app shopping, which may boost discovery and sales; Meta’s small transaction fee could modestly raise selling costs.
Anticipation builds for Best Buy's Q2 earnings report as Wall Street's top analysts adjust their forecasts.
NeutralBest Buy Co., Inc. is expected to report quarterly earnings of $1.38 per share and revenue of $9.59 billion, reflecting an increase from the previous year. Recent analyst ratings have seen price target adjustments ahead of this earnings announcement.