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One platform for global traditional assets
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Alpha Points
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Futures Points
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Best Buy Co Inc (NYSE:BBY) Shares Rise on Q4 Profit Beat Despite Revenue Miss
Best Buy (NYSE:BBY) shares rose in pre-market trading after the company reported better-than-expected Q4 fiscal 2026 profits, despite a slight revenue miss and a modest decline in comparable sales. The positive market reaction is attributed to the company’s strong cost management and profitability expansion. While Best Buy provided cautious guidance for FY27, investors appear to be focusing on its operational discipline in a challenging retail environment.