Home Depot Miss; Medtronic Lower; Intel Government Stake
On this episode of Stock Movers:- Home Depot (HD) shares are lower after sales metric disappointed in the latest quarter, a sign that consumers are staying away from big purchases as interest rates remain high and inflation uncertainties linger. CFO Richard McPhail said consumers are increasingly taking on small projects, but larger projects remain on hold as rates remain elevated and economic uncertainty persists.- Medtronic (MDT) is lower after it reported profit that beat estimates and lifted full-year earnings guidance after lowering its forecast for tariff costs. CEO Geoffrey Martha said…
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