Stock Movers Week Ahead: Target, Crowdstrike, and Broadcom
Mar 1, 2026
Carmen Reinecke, Bloomberg equities reporter who covers retailers and tech, breaks down what to watch at Target, CrowdStrike, and Broadcom. She highlights Target’s comparable sales test for U.S. consumers. She discusses CrowdStrike’s outage history and AI risks. She previews Broadcom’s AI-driven spending and how Nvidia has reset expectations for chipmakers.
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Target Comparable Sales Signal Turnaround Risk
- Target's comparable sales have been negative for three quarters and are expected to fall again, making this metric the key earnings focus.
- Carmen Reinecke ties Target's report to Walmart's conservative guidance and frames Target as a bellwether for the U.S. consumer and economy.
Recent Rally Raises Expectations For Target
- Target's stock is up about 17% year-to-date after four years of declines, so the upcoming earnings are a rally test for investors.
- Carmen Reinecke notes expectations aren't sky-high because Target is in a turnaround, cushioning the bar despite the price run.
CrowdStrike Outage Faded But AI Fears Hurt Stock
- CrowdStrike moved past last year's outage quickly and it hasn't been the main issue recently.
- Carmen Reinecke highlights recent weakness in software and that CrowdStrike fell after Anthropic introduced a Cloud AI security feature, leaving it down ~19% YTD.