Macy's is attempting a turnaround after rejecting a buyout offer earlier this year.
The top tech stocks, known as the Magnificent Seven - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG,GOOGL), NVIDIA (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) have all reported their latest quarterly results. Following the reports, analysts revised their earnings estimates for upcoming quarters. Yahoo Finance Markets Reporter Josh Schafer explains how the Wall Street's views on the Magnificent Seven may be evolving. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Grocery store chain Kroger's bid to buy its close rival Albertsons has caused alarm in the U.S. West, where officials fear its potential dominance - controlling more than half the market in some states - will hurt consumers. But the biggest opposition comes from Western markets, who make up six of the eight states that joined a Federal Trade Commission lawsuit on Monday to stop the deal. While Kroger argues it needs the deal to take on big national rivals like Walmart and Amazon.com, in several Western states it will be by far the biggest player.