Home Depot’s Q2 sales rose 5.7% to $47.9 billion as Pro demand, online growth and faster delivery improved. HD stock now faces resistance near $342.56.

On August 18 Eastern Time, Home Depot (HD) released its second-quarter fiscal 2026 financial results before the US market open. During the period, Home Depot's net sales grew 5.7% year-over-year to $47.861 billion, exceeding market expectations of $47.24 billion. Following the earnings release, Home Depot's stock bucked the market trend to trade higher, rising 1.01% to $341.30 as of press time.

TradingKey - In the coming week (August 17 to August 21), the US market's focus will be on the minutes of the July monetary policy meeting. The US will also release key data, including housing starts, building permits, industrial production, initial jobless claims, the Philadelphia Fed Manufacturing Index, the Conference Board Leading Economic Index, and preliminary August PMI values.

On August 3, Eastern Time, GameStop (GME) shares fell more than 14%, hitting a near two-year low. GameStop announced that it has reached agreements with certain convertible bondholders to exchange approximately $1.4 billion in outstanding convertible debt for Class A common stock, a move intended to retire a significant amount of long-term debt. However, this action may dilute the equity of existing shareholders.

TradingKey - GameStop holds more than $1 bn in cash and no long-term debt, yet investors are still waiting for Ryan Cohen's next move. Could a major capital allocation decision unlock value?

TradingKey - GameStop holds $1.1 bn in cash with virtually no debt. Can Ryan Cohen unlock shareholder value and drive GME toward $24?
