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STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

1 Green Flag for Dollar Tree Stock in 2023

Demitri Kalogeropoulos, The Motley Fool
·3 min read
1 Green Flag for Dollar Tree Stock in 2023

Investors reacted harshly to the latest earnings update from Dollar Tree (NASDAQ: DLTR). The retailer warned about rising profit pressures as consumers pull back on spending and as costs continue to rise. Dollar Tree said in late May that revenue for the first quarter, ended April 30, rose while profitability declined in early 2023.

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