economy
Home Depot Makes Another Pro Deal
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Markets declined amid concerns over Iran and news of potential U.S. troop movements to the Middle East.
- A large order for 800G transceivers from a hyperscale customer boosted Applied Optoelectronics and other optical networking companies like Corning.
- Home Depot's SRS Distribution is acquiring Mingledorff's, a wholesale HVAC distributor, to expand its offerings for professional clients.
- Upcoming earnings reports include KB Home, GameStop, Chewy, Cintas, Paychex, and PDD Holdings.