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The Latest Breaking News from Seth Basham

January Fed Meeting: Updates and Commentary

The January Fed meeting marked the first central bank gathering of 2026, with Fed Chair Powell & Co. voting to keep interest rates unchanged.

CarMax is the latest company to nix long-term growth targets on earnings call: 'Why put a target out there?'

CarMax is the latest company to nix long-term growth targets on earnings call: 'Why put a target out there?'

The company points to the "potential impact of broader macro factors."

Forecasting The Future: 17 Analyst Projections For CarMax

Forecasting The Future: 17 Analyst Projections For CarMax

Ratings for CarMax (NYSE:KMX) were provided by 17 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

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How Carvana's CFO helped power a stock turnaround that is 'nothing short of remarkable'

The stock has greatly rebounded from an all-time low in 2022.

After a meteoric rise and equally epic fall, Carvana’s stock is up more than 500% in a year. But one top analyst thinks the ride gets rougher from here

Carvana first landed in the Fortune 500 in 2021.

Home Depot (HD) Earnings Impact: Buy or Watch Moves?

World’s largest home improvement retailer, The Home Depot (HD), will release its fourth-quarter results on February 20. The company is expected to report a year-over-year decline in earnings and revenue. Therefore, should investors consider buying the stock ahead of its earnings? Read on to learn my view….

Bed Bath & Beyond will close 150 stores and slash 20% of its workforce to cut costs

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.

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Why Chewy Shares Are Surging Today

Why Chewy Shares Are Surging Today

Wedbush analyst Seth Basham upgraded Chewy Inc (NYSE:CHWY) from Neutral to Outperform and raised the price target to $35 (8% upside) from $30. The analyst cites favorable pet category dynamics, bottoming e-commerce trends, attractive valuation, and better risk-reward as the reasons for the upgrade. While Seth expects discretionary goods spending pressure to continue in the near-to-medium…

How Bricks Might Save Clicks

How Bricks Might Save Clicks

The future of e-commerce could be coming to a local mall near you.

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