Target Corporation (NYSE: TGT) reported third-quarter 2020 financial results before the regular trading hours on Wednesday. The department store chain reported Q3 revenue of $22.6 billion, up 21% year-over-year and higher than the Wall Street projection. Meanwhile, net income of $2.79 per share was much better than what analysts had anticipated.
TGT shares rose 2% immediately following the announcement. The stock has increased by 29% since the beginning of this year.
Yesterday, Walmart (NYSE: WMT) reported a 5% increase in Q3 revenue, sending the stock up 1.5% during pre-market hours. Meanwhile, The Home Depot, Inc. (NYSE: HD) reported 23.2% year-over-year growth in Q3 net sales and a 24.1% increase in comparable sales.
The recent optimism about economic recovery waned slightly this week after jobless claims increased more-than-expected to about 778,000 amid concerns over a resurgence in coronavirus cases. With the healthcare system
Yunji Inc. (NASDAQ: YJ) Q3 2020 earnings call dated Nov. 26, 2020 Corporate Participants: Kaye Liu -- Investor Relations Director Shanglue Xiao -- Chairman of the Board of Directors and Chief Executive Officer Chen
Amazon Web Services (AWS), a leading cloud computing platform, went down in the morning hours of Wednesday. Many applications – including Anchor, Adobe Spark, Flickr, SiriusXM and Roku reported disruption