Target Faces Challenges with Earnings Miss and Stock Plunge
The S&P 500 closed flat on Wednesday as markets awaited Nvidia's earnings report. Target shares plummeted 21.4% after missing quarterly estimates due to cautious consumer spending, while Keysight Technologies surged 8.8% on strong earnings driven by AI investments. Humana and CoStar Group also saw significant gains, while Qualcomm shares fell 6.3% amid concerns over its growth outside smartphones. Major indexes showed mixed results, with the Dow gaining 0.3% and the Nasdaq dropping 0.1%.




