Best Buy Stock News

NEW YORK and VANCOUVER, BC , March 10, 2025 /PRNewswire/ -- Best Buy Canada has selected  PingPong , a world-leading provider of cross-border embedded payment solutions, to become its first cross-border payment service provider of record on its Marketplace. Leveraging PingPong's easy-to-integrate API, Best Buy Canada will begin expanding internationally and facilitate payouts to international s...

Target and Best Buy, two of the country's largest retail chains, warned their prices will increase after President Donald Trump's 25% tariffs on goods from Mexico and Canada went into effect on Tuesday, sending the stock market plunging more than 650 points and shooting shock waves through the financial system. Adding fuel to the fire, Trump also said he would double tariffs on all Chinese impo...

In uncertain times, iShares U.S. Infrastructure ETF offers retail value investors a safe buy opportunity with historically good returns and low management fees. Despite recent momentum dips, IFRA's diversified holdings in infrastructure sectors and buy Quant Rating make it a compelling opportunity. Federal infrastructure spending freezes and macroeconomic risks create short-term uncertainty, bu...

It was another volatile session for the stock market Tuesday as tariffs on China, Mexico and Canada fueled fears of stagflation. The post Stock Market Extends Losses; Amid Stock Carnage, Be Patient And Wait For New Buys appeared first on Investor's Business Daily.

Major U.S. equities indexes moved lower as tariffs went into effect on imports from major trading partners Mexico and Canada, in addition to an increase in the existing levy on goods from China.

Best Buy (BBY) is signaling a potential turnaround after years of struggling sales figures. The electronics retailer reported surprisingly strong fourth-quarter results on Tuesday, exceeding Wall Street's expectations and putting an end to a three-year slide in sales growth.

Shares of Best Buy (BBY -12.75%) plunged on Tuesday, following a robust earnings report with a side of worrisome management comments. The stock price dropped by as much as 15.9% in the morning session, recovering to a 13.2% loss by 1 p.m.

Best Buy said Tuesday (March 4) that the U.S. tariffs on China that went into effect Feb. 4 could have a negative impact of about one point of comparable sales if they remain in place for a full year.