BBBY News & Events

Eligible customers shopping across Bed Bath & Beyond (BBBY) brands - including Overstock, Bed Bath & Beyond, and buybuy BABY - can choose Affirm (AFRM) at online checkout and pay over time in biweekly or monthly payments with no hidden fees, late fees, or compounding interest. "Bed Bath & Beyond is where customers come for everything home, from the everyday essentials, to the perfect seasonal touches, to the projects that transform a room," said Lisa Foley, Chief Operating Officer, Bed Bath & Beyond. "Affirm gives them the flexibility to pay their way and to bring their vision to life on a timeline that works for them."

Bed Bath & Beyond published a position paper on the 21st Century ROAD to Housing Act, laying out a direct case: the systems Americans rely on to buy, finance, maintain, and profit from a home were never built to work together, and the Company intends to be the one that connects them. The paper, penned by Executive Chairman and Chief Executive Officer Marcus Lemonis, does not treat the Act as a narrow housing bill. It treats it as confirmation that Washington is now focused on the same broken system the Company has been working on internally. "For decades, the housing economy has been treated like a series of disconnected events," said Lemonis. "A consumer gets financial advice from one institution, searches for a home on another platform, gets a mortgage from a lender, buys products from a retailer, hires contractors through referrals, estimates value through a third-party website, and eventually sells through another disconnected channel. The homeowner is at the center of the largest financial decision of their life, and no single company is truly helping them understand, operate, improve, protect, finance, and profit from that home over time. We intend to be that company." The paper argues that housing supply is constrained, affordability is stretched, lending access is uneven, local governments lack useful data, older housing stock needs repair, appraisals need modernization, and veterans and first-time buyers need better guidance. Lemonis frames the Company's response around four connected layers: Neighborhood Intelligence as the intelligence layer, Beyond Home as the homeowner relationship layer, Beyond Home Services as the execution layer, and Beyond Omni as the commerce layer. "Zillow estimates homes," said Lemonis. "We intend to understand neighborhoods. The policy world is trying to solve housing from the top down. We have the chance to solve it from the homeowner, the neighborhood, and the home up - and we believe homes should be accessible to the families who live in them, not just to the largest pools of capital."

The S&P closed lower and Nasdaq sunk amid a broad tech selloff that continued from yesterday. Markets in Asia took a hit overnight as chip names including Micron and Nvidia were in sharp decline. Investors appear increasingly focused on whether enormous capital spending commitments across AI infrastructure, data centers and chips can justify current valuations.Interest rates are also back in focus. Markets have become more sensitive to the possibility of tighter monetary policy expectations, which tends to hit long-duration growth assets the hardest. Higher rates reduce the present value of future earnings, making richly valued technology stocks especially vulnerable to sentiment shifts.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Major AI names Micronand Nvidiaare leading aCarnivalreportedand provided its outlook for Q3 and FY26Edgewell Personal Carehas rejected an unsolicited offer from Yellow Wood,Domino's Pizza, with the current Chief Operating Officer named as his successorAlibabaisto fight its designation as a "Chinese military company"2. WALL STREET CALLS:JPMorganIBMto Overweight into software accelerationNikeat Evercore ISI on potential for another resetSusquehannaSpaceXat Neutral, says wait for lower priceWolfeTargetto Outperform, named as top-pick into year-endRoss Storesto Equal Weight at Wells Fargo on valuation3. AROUND THE WEB:Walmartis paying $1.4B to acquire Vibe.co, WSJ reportsMetahas tasked a team with creating a prediction markets mobile app, NY Times reportsChina is adding 10 U.S. companies, including MP Materialsand Teal Drones, to its export controls and is banning government purchases from 46 US companies, including Anduril, Nikkei Asia reportsWorkdaymust defend claims that its AI-powered hiring software unlawfully screened out job applicants, after a federal judge ruled that California anti-discrimination laws may apply even to applicants outside the state seeking jobs elsewhere, Reuters reportsShopifyplans to ban vapes from its platform following pressure from a group of U.S. state attorneys general aiming to reduce the sales of illegal e-cigarettes online, Reuters says4. MOVERS:Blackblazeincreased after entering awith CoreWeaveBed Bath & Beyondgained after Wedbushcoverage with an Outperform ratingInfleqtionwas higher after President Trump signedAMCwas lower after announcing the pricing of aQualcommfell after Bloombergthe company is in advanced discussions to acquire Modular5. EARNINGS/GUIDANCE:Primoris, citing "additional challenges and cost overruns" identified as a result of projects in the company's renewables businessSunbelt Rentalsand provided guidance for FY27Interactive Strengthreaffirmed itsKorn Ferry, with CEO Gary Burnison "very pleased" with the quarterly performanceKeurig Dr Pepperreaffirmed itsINDEXES:The Dow fell 45.87, or 0.089%, to 51,666.84, the Nasdaq lost 579.56, or 2.21%, to 25,587.04, and the S&P 500 declined 107.33, or 1.44%, to 7,365.46.

The major averages were mixed near midday amid a broad tech selloff that has continued from yesterday. Global markets in Asia took a hit overnight as chip names including Micron and Nvidia were in sharp decline. Investors appear increasingly focused on whether enormous capital spending commitments across AI infrastructure, data centers and chips can justify current valuations.Interest rates are also back in focus. Markets have become more sensitive to the possibility of tighter monetary policy expectations, which tends to hit long-duration growth assets the hardest. Higher rates reduce the present value of future earnings, making richly valued technology stocks especially vulnerable to sentiment shifts.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Major AI names Micronand NvidiaareCarnivalreportedand provided its outlook for Q3 and FY26Edgewell Personal Carehas rejected an unsolicited offer from Yellow Wood,Primorisslashed its, citing "additional challenges and cost overruns" identified as a result of projects in the company's renewables businessDomino's Pizza, with the current Chief Operating Officer named as his successor2. WALL STREET CALLS:JPMorganIBMto Overweight into software accelerationNikeat Evercore ISI on potential for another resetSusquehannaSpaceXat Neutral, says wait for lower priceWolfeTargetto Outperform, named as top-pick into year-endRoss Storesto Equal Weight at Wells Fargo on valuation3. AROUND THE WEB:California drivers filed a proposed class action accusing gas station operators, including BP, Walmart, Marathon Petroleum, Albertsons, Circle K, and 7-Eleven, of using an AI-based pricing platform from Kalibrate to coordinate gasoline prices and inflate costs at the pump, Reuters saysChina is adding 10 U.S. companies, including MP Materialsand Teal Drones, to its export controls and is banning government purchases from 46 US companies, including Anduril, Nikkei Asia reportsMetainternally exposed data from its employee-tracking program meant to help train its AI models, including full prompts and private conversations, Wired saysWorkdaymust defend claims that its AI-powered hiring software unlawfully screened out job applicants, after a federal judge ruled that California anti-discrimination laws may apply even to applicants outside the state seeking jobs elsewhere, Reuters reportsShopifyplans to ban vapes from its platform following pressure from a group of U.S. state attorneys general aiming to reduce the sales of illegal e-cigarettes online, Reuters says4. MOVERS:Blackblazeincreases after entering a five-yearwith CoreWeave (CRWV)Bed Bath & Beyondgains after Wedbushwith an Outperform ratingInfleqtionhigher after President Trumpon quantum computingAMClower after announcing the pricing of aQualcommfalls afterthe company is in advanced discussions to acquire Modular5. EARNINGS/GUIDANCE:Sunbelt Rentalsand provided guidance for FY27Interactive Strengthfor Q2Korn Ferry, with CEO Gary Burnison "very pleased" with the quarterly performanceKeurig Dr Pepperfor FY26Jiayin Groupwith EPS lower year-over-yearINDEXES:Near midday, the Dow was up 0.04%, or 19.85, to 51,732.56, the Nasdaq was down 1.78%, or 465.35, to 25,701.25, and the S&P 500 was down 1.19%, or 89.02, to 7,383.77.