Diamonds and Dogs


Nvidia gets the headlines, but Autodesk (ADSK) is the diamond up 3% on earnings. The design software company reported better than expected results with optimism for long-term growth opportunities. One analyst maintained his Overweight rating and a price target of $255.

More retailers lowering guidance. Petco Health (WOOF) and Dollar Tree (DLTR) are both lower by 20% and 9% as both lower guidance as the consumer is starting to pull back. Petco slashed full ear guidance while Dollar Tree saw strong second quarter sales, but slowing sales in the third quarter. Dollar General is down as well. Another retailer, Burlington Stores (BURL) is down 8% following earnings.

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