Trump tariffs make Best Buy a big loser as Citi drops a downgrade [Yahoo! Finance]

HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Yahoo! Finance
Citi analyst Steven Zaccone slashed his rating on Best Buy on Thursday to Neutral from Buy. "We believe the tech replacement cycle, new AI innovation, and margin execution are positive attributes to the story, but the external backdrop is making for a more challenging environment to execute. We see increasing same-store sales risk in the face of consumer uncertainty as well as higher promotional risk from tariffs," Zaccone said. Best Buy stock tanked 10% in premarket trading on Thursday. Read more about today's market action following Trump's tariff announcement. The president on Wednesday imposed a baseline tariff rate of 10% on all US trade partners, which will go into effect on April 5. Additional tariffs will be placed on countries that t
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News
- Refresh Your Tech For Up To 58% Off With These HP Promo Codes [Forbes]Forbes
- Recast Revolutionizes Digital Monetization with RecastPay, a Universal Media Wallet [Yahoo! Finance]Yahoo! Finance
- Trump tariffs make Best Buy a big loser as Citi downgrades the stock [Yahoo! Finance Canada]Yahoo! Finance Canada
- As CEOs struggle to find the new normal, Fortune's Best Companies to Work For have unlocked a secret to happy employees [Yahoo! Finance]Yahoo! Finance
- Here's why Atlassian is standing by their WFH philosophy despite corporate America's RTO push [Yahoo! Finance]Yahoo! Finance
HPQ
Earnings
- 2/27/25 - Miss
HPQ
Sec Filings
- 4/3/25 - Form 4
- 4/2/25 - Form 8-K
- 3/28/25 - Form 4
- HPQ's page on the SEC website