The Home Depot IncEarnings will offer a look at home improvement consumer; analysts expect improvement in same store sales driven by professional contractors but caution on big ticket projects.
Opening arguments in the Meta social media addiction trial are scheduled for Tuesday, with a bipartisan group of state attorneys general alleging the company designed features like infinite scrolling and push notifications to keep young users engaged while misleading users about app safety. Meta calls the allegations unsubstantiated and says potential damages could reach as much as 1.4 trillion, with the trial expected to last about seven weeks and CEO Mark Zuckerberg potentially testifying. Later in the week, Walmart and Target report second quarter results, with Walmart's value focus seen as resilient and Target getting a boost from food and health while analysts look for more momentum in discretionary categories. Home Depot and Lowe's earnings will offer a fresh look at the home improvement consumer, with analysts expecting improvement in same store sales driven by professional contractors but caution on big ticket projects possibly weighing on results.
The Home Depot IncEarnings will offer a look at home improvement consumer; analysts expect improvement in same store sales driven by professional contractors but caution on big ticket projects.
Lowe's Companies IncEarnings will offer a look at home improvement consumer; analysts expect improvement in same store sales driven by professional contractors but caution on big ticket projects.
Target CorporationTarget reports Q2 results; gets boost from food and health, analysts look for momentum in discretionary categories.
Walmart Inc.Walmart reports Q2 results; value focus seen as resilient.
Meta Platforms Inc.Opening arguments in Meta social media addiction trial; state AGs allege design features mislead users, potential damages up to $1.4 trillion.