Home Depot Gains on Earnings; Baidu Slips on Outflows; Alibaba Jumps
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shares of Home Depot (HD) moved higher in the premarket session after posting an earnings beat in the latest quarter. Comparable sales, which measure results at stores open for at least a year, rose 1.7% during the period ended August 2nd, better than the average of analyst estimates and the highest since late 2022. Adjusted earnings also surpassed expectations. The stronger-than-expected report shows the company’s moves have helped to blunt the impact of a housing market that’s weighed down…
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