Bath & Body Works (NYSE:BBWI) Stock, Quote.Headers.trade-ideas

Bath & Body Works

Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 5% of sales from international markets in fiscal 2023. For fiscal 2023, 74% of sales stemmed from the brick-and-mortar network (which was composed of more than 1,800 retail stores), similar to 2022 levels, as consumer shopping patterns remained to normal. Future growth is expected from store reformatting, digital and international channels, as well as adjacent category expansions like hair and laundry.

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The equity market was volatile in August, with the weakness seen early in the month dissipating amid a rise in rate-cut bets.

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Bath &amp; Body Works Analysts Cut Their Forecasts After Q2 Earnings

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US Stocks, Chipmakers Fall Ahead Of Nvidia Earnings, Berkshire Hits $1 Trillion, Super Micro Computer Sinks: What&#39;s Driving Markets Wednesday?

Bath & Body Works Inc

Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Tata Advanced Systems Limited have entered into a teaming agreement to expand upon the companies' business relationship through the C-130J Super Hercules tactical airlifter. This announcement marks a significant step in enhancing India's defence and aerospace capabilities while also deepening India-U.S. strategic ties.
&nbsp;
This agreement provides a framework for collaboration on future potential business opportunities to include:
<ul>
<li>Establishing a Maintenance, Repair and Overhaul (MRO) facility in India to support the Indian Air Force's (IAF) existing fleet of 12 C-130Js as well as other global Super Hercules fleets;</li>
<li>Expanding C-130J manufacturing and assembly in India to produce aircraft for the IAF's Medium Transport Aircraft (MTA) program, subject to U.S. and Indian government approvals.</li>
</ul>
Lockheed Martin will continue to build C-130Js for the U.S. government and other global operators at the existing Super Hercules production facility in&nbsp;Marietta, Georgia, USA. Lockheed Martin will establish additional production and assembly capacity in India if awarded the MTA contract.

Government

Regulations

Lockheed Martin Teams Up with Tata to Boost India's Defense with C-130J Airlifter Production

TSMC ((TWSE: 2330, NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) today announced its net revenue for August 2024: On a consolidated basis, revenue for August 2024 was approximately NT$250.87 billion, a decrease of 2.4 percent from July 2024 and an increase of 33.0 percent from August 2023. Revenue for January through August 2024 totaled NT$1,773.97 billion, an increase of 30.8 percent compared to the same period in 2023.
 &nbsp;

Taiwan Semiconductor Manufacturing Co Reported 33% Topline Growth YoY In August 2024, Net Revenue Declined 2.4% QoQ

NXP Semiconductors N.V.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) today announced the Trimension&#xAE; SR250, the industry's first single-chip solution that integrates on-chip processing capabilities with both short-range UWB radar and secure ranging. This is the next leap forward in NXP's work to enable a world that anticipates and automates, enabling a wide variety of new user experiences based on location, presence or motion detection across consumer or industrial IoT applications.
The Trimension SR250 combines low-power short-range UWB radar operating at 6-8.5 GHz, secure ranging and angle-of-arrival (AoA) calculations to enable new use cases based on UWB mapping, human or object detection and secure positioning. This allows it to deliver convenience, efficiency, safety and privacy features in a smart home, such as turning lights or TVs on or off based on presence, enabling secure home access capabilities, or even monitoring the safety of an elderly person living alone without intrusive cameras. It also supports safety, security and productivity applications in industrial environments, being capable of tracking location for workers, goods or assets, access control, collision avoidance, danger zone detection and more.

NXPI

NXP's New Chip Combines UWB Radar and Secure Ranging for Smarter, Safer Homes and Workplaces

International Game Technology PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGT#NYSE">IGT</a>) ("IGT")&nbsp;today announced a benchmark offering of senior secured notes denominated in euros due 2030 (the "Notes"), by IGT Lottery Holdings B.V., a wholly-owned subsidiary of IGT,&nbsp;subject to customary market and closing conditions (the "Offering").&nbsp;Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.
IGT intends to use the proceeds from the Offering to redeem the $499,999,000 of IGT's 6.500% Senior Secured Notes due 2025 outstanding at par, to pay certain debt issuance costs incurred in connection with the Offering and for general corporate purposes.

Offerings

IGT Plans to Redeem $500M in 2025 Notes with New Euro Bond Issuance

Concurrent with the closing of the Offering, the Company intends to purchase from the selling stockholder in a private transaction&nbsp;$25 million&nbsp;of common stock at a price per share equal to the public offering price (the &quot;Share Repurchase&quot;). The Offering is not conditioned upon the closing of the Share Repurchase, but the Share Repurchase is conditioned upon the closing of the Offering.

Reported Earlier, Kodiak Gas Services Prices Of 6,086,957 Common Share Offering By Selling Stockholder At $25/Share

<ul>
<li>Industry&#39;s first complete 40G UCIe IP solution, including controller, PHY, and verification IP, enables fast connectivity between heterogeneous and homogeneous dies</li>
<li>Synopsys 40G UCIe PHY IP offers&nbsp;25%&nbsp;higher bandwidth than the UCIe specification without impact on energy efficiency and silicon footprint</li>
<li>Integrated signal integrity monitors and testability features improve multi-die package reliability and enable in-field monitoring throughout the silicon lifecycle</li>
<li>Synopsys 40G UCIe IP is built on a silicon-proven architecture with interoperability success in multiple advanced foundry processes</li>
</ul>

SNPS

Reported Earlier, Synopsys Unveils Industry-First 40G UCIe IP Solution, Revolutionizing Die-to-Die Connectivity For AI Data Centers

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Frxo.com%2F&amp;esheet=54119755&amp;newsitemid=20240909533505&amp;lan=en-US&amp;anchor=RXO&amp;index=1&amp;md5=aa95f5f41eb6b0bd9a16ed92fafab788">RXO</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RXO#NYSE">RXO</a>), a leading provider of asset-light transportation solutions,today announced that is has upsized its previously announced public offering of common stock to&nbsp;$500 million&nbsp;in total gross proceeds, pricing 19,230,770 shares of its common stock at a price of&nbsp;$26.00&nbsp;per share. The offering is expected to close on September 11, 2024, subject to customary closing conditions.
RXO has granted the underwriters of the offering an option to purchase up to an additional 2,884,615 shares of common stock at the public offering price less underwriting discounts and commissions.
RXO intends to use the net proceeds from the offering to finance a portion of the pending acquisition of Coyote Logistics, UPS&#39;s technology-driven, asset-light freight brokerage business. The offering is not contingent on the consummation of the acquisition. RXO expects that the acquisition will be consummated by September 20, 2024. If the acquisition is not consummated, RXO intends to use the net proceeds from the offering for general corporate purposes.

RXO Prices $500M Upsized Upsizing Common Stock Offering Of 19,230,770 Shares At $26/Share, For Coyote Logistics Purchase

INFY

Infosys Partners With Proximus Group To Unlock New Business Opportunities Through AI-Driven And CPaaS Solutions

MGNI

TF1 PUB Teams Up With Magnite To Enhance Programmatic Advertising And Fuel Digital Growth

American EV giant Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reportedly witnessed 16,200 insurance registrations in China last week, marking a jump of 12.5% from the week before, and its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39473004/tesla-chinas-weekly-insurance-registrations-hit-highest-since-start-of-2024-bull-ga">third-highest weekly registrations this year</a>, despite increased competition from domestic automakers. 
What Happened: For the week of September 2-8, Tesla saw its highest weekly insurance registrations since the third week of June when it witnessed 17,400 registrations, CnEVPost <a href="https://cnevpost.com/2024/09/10/china-ev-insurance-registrations-week-ending-sept-8-2024/">reported</a>. Insurance registrations in China are considered a proxy for sales.
For the month of August, Tesla sold 63,456 vehicles in China, marking its best month this year, and up 37% from July, according to data from the China Passenger Car Association (CPCA). 
Bull Weighs In: The surge in weekly insurance registrations has left Tesla Bull and The Future Fund managing partner Gary Black optimistic.
&#8220;With 3 weeks left in the quarter, TSLA China 3Q registrations are on track for their best quarter ever, and are +15% YoY and +25% QoQ,&#8221; Black wrote on social media platform X. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> China posted a very strong 16.2K insured registrations for the week of Sept 2-8. This was TSLA China's 3rd highest weekly registrations this year. With 3 weeks left in the quarter, TSLA China 3Q registrations are on track for their best quarter ever, and are +15% YoY and… <a href="https://t.co/1YSjOoybqx">pic.twitter.com/1YSjOoybqx</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1833366089876533656?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Earlier this week, Tesla CEO Elon Musk said that Tesla&#8217;s gigafactory in Shanghai is <a href="https://www.benzinga.com/news/24/09/40768611/elon-musk-shoots-down-reports-of-teslas-china-woes-amid-intense-competition-says-giga-shanghai-is-ru">running at maximum capacity</a>. According to Tesla&#8217;s second-quarter shareholder report, the gigafactory in Shanghai has an annual vehicle production capacity of over 950,000 vehicles, implying a daily maximum capacity of about 2,603 vehicles.
Tesla makes both the Model 3 sedan and the Model Y SUV at its gigafactory in Shanghai. The vehicles made at the factory are sold within China as well as exported to foreign markets including Europe.
Tesla also dismissed the impact of intense competition in China in its second-quarter earnings report in July and said, "While the automotive market in China remains among the most competitive globally, we feel that our cost structure and focus on core functionality that drives value for customers – including autonomy – position us well for the long-term."
Tesla, in China, is faced with heightened competition from domestic automakers who are introducing newer, lower-cost models at a rapid pace. Tesla has not introduced a new vehicle into the market since the Model Y SUV. The company started selling the Model Y in China in 2021 and has not introduced another model since. 
However, the company is reportedly planning to produce a six-seat version of its Model Y SUV <a href="https://www.benzinga.com/news/24/09/40679900/tesla-plans-6-seat-model-y-production-in-china-starting-in-2025-report" target="_blank" rel="noreferrer noopener">starting next year</a> in the country. China is Tesla's <a href="https://www.benzinga.com/news/24/06/39393504/tesla-rolls-out-upgraded-model-3-performance-to-chinese-customers" target="_blank" rel="noreferrer noopener">second-largest market </a>after the U.S. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
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<li><a href="https://www.benzinga.com/news/24/09/40767440/spacex-set-to-launch-all-civilian-polaris-dawn-mission-on-september-10-after-multiple-delays" target="_blank" rel="noreferrer noopener">SpaceX Set To Launch All-Civilian Polaris Dawn Mission On September 10 After Multiple Delays</a></li>
</ul>
Photo via Shutterstock

Tech

TSLA

Tesla's Weekly Insurance Registrations Cross 16K In China: '...On Track For Their Best Quarter Ever,' Says Bull Gary Black

Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16 <a href="https://www.benzinga.com/news/24/09/40780100/apple-intelligence-ready-iphone-16-with-faster-processor-dedicated-camera-button-announced-check-pri">series launch</a> has disappointed China due to its lack of AI features, amid the growing competition from Huawei Technologies in the world&#8217;s largest smartphone market.
What Happened: On Monday, at the &#8220;Glowtime&#8221; event, Apple unveiled the AI-enhanced iPhone 16 to stimulate consumer upgrades amid a slowdown in smartphone sales.
However, the tech giant has not yet announced an <a href="https://www.benzinga.com/markets/asia/24/06/39434301/apples-ai-strategy-faces-hurdles-in-china-talks-with-local-firms-are-ongoing">AI partner in China</a> for the iPhone 16, and its AI software, Apple Intelligence, will only be available in Chinese language next year, reported Reuters.
See Also: <a href="https://www.benzinga.com/news/24/09/40767860/mark-cuban-praises-elon-musks-ai-chatbot-grok-for-answering-kamala-harris-pov-on-immigration-i-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Praises Elon Musk&#8217;s AI Chatbot Grok For Answering Kamala Harris&#8217; POV On Immigration: &#8216;I Think It&#8217;s Accurate&#8217;</a>
The iPhone 16 launch was a trending topic on Chinese social media, with AI features being a key point of discussion. 
The hashtag &#8220;iPhone 16 Chinese version doesn&#8217;t support AI yet&#8221; garnered over 11.33 million views and more than 1,500 comments on Weibo, China&#8217;s social media platform.
&#8220;Whether iPhone 16 has AI or not doesn&#8217;t affect me, because I&#8217;m going to buy Huawei&#8217;s tri-fold phone,&#8221; one Weibo user wrote on the platform.
Despite the criticism, some analysts believe the lack of AI features in the iPhone 16 will not significantly impact near-term sales. However, they suggest that Apple needs to swiftly establish an AI application and service ecosystem in China to remain competitive, the report noted.
Anisha Bhatia, senior technology analyst at GlobalData, noted that while Apple intends to roll out its AI integration gradually, Google is set to lead by deploying Gemini AI to 200 million Android devices by the end of 2024.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Apple&#8217;s struggle in the Chinese market is not new. The company&#8217;s <a href="https://www.benzinga.com/markets/equities/24/07/39954971/apple-drops-from-3rd-to-6th-in-china-amid-intensifying-competition-huawei-shipments-surge-41-in-">market share in China</a> has been declining, dropping from third to sixth place, while Huawei&#8217;s smartphone shipments surged by 41% in the second quarter.
Earlier in January, Apple had to <a href="https://www.benzinga.com/news/24/01/36629629/huawei-heats-up-competition-as-apple-slashes-iphone-prices-by-70-for-a-limited-time-in-china">slash iPhone 15 prices by $70</a> for a limited time in China, which suggested a weakening demand for its flagship product.
Meanwhile, Huawei has ramped up its efforts in the smartphone arena. Just two days before the iPhone 16 launch, Huawei&#8217;s new tri-fold smartphone, the Mate XT, attracted 1.3 million orders within <a href="https://www.benzinga.com/news/24/09/40765746/apples-iphone-16-launch-parade-on-monday-gets-rained-on-by-huawei-chinese-companys-tri-fold-phone-ge">seven hours of opening reservations</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/09/40679223/mark-cuban-explains-why-despite-getting-a-lot-of-flak-from-elon-musk-and-others-he-continues-to-post?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Explains Why, Despite Getting A Lot Of Flak From Elon Musk And Others, He Continues To Post On X: &#8216;Don&#8217;t Want to Be Where Everyone Agrees with Me&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

AAPL

iPhone 16 Fails To Sway Some Chinese Buyers: 'I'm Going To Buy Huawei's Tri-Fold Phone' — Missing AI Features A Sore Point

Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) CEO Lisa Su highlighted the start of an artificial intelligence supercycle during the Goldman Sachs Communacopia &amp; Technology Conference on Monday.
What Happened: Su highlighted that AMD has accelerated its AI roadmap, aiming to release new AI chips annually. The company plans to unveil the MI325 AI chip later this year, followed by the MI350 in 2025 and the MI400 in 2026, challenging NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), <a href="https://finance.yahoo.com/news/the-ai-supercycle-is-just-beginning-amd-ceo-222338313.html">reported</a> Yahoo Finance on Monday.
Su stated, &#8220;We believe we can have a very significant piece of the training and inference of these large language models.&#8221; The MI300x, launched last year, features 192GB of memory and 153 billion transistors, making it suitable for training large language models like OpenAI&#8216;s ChatGPT.
AMD anticipates $4.5 billion in sales from the MI300x in 2024, a significant increase from $100 million in AI-related chip revenue last year. Jefferies analyst Blayne Curtis noted that AMD&#8217;s MI300 guidance raise is positive, with expectations of $5 billion in sales this year.
Second quarter sales and earnings for <a href="https://www.benzinga.com/news/earnings/24/07/40051646/amd-shares-rebound-after-chipmaker-posts-q2-beat-guidance-tops-expectations-ceo-lisa-su-says-ai-bus">AMD rose 9% and 19% year over year</a>, respectively. The company projects a 16% year-over-year growth in third-quarter revenue. Su emphasized, &#8220;AI is a much larger cycle than I would have expected five years ago,&#8221; according to the report.
In an interview <a href="https://www.tomshardware.com/pc-components/gpus/amd-deprioritizing-flagship-gaming-gpus-jack-hyunh-talks-new-strategy-for-gaming-market?utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=socialflow">with</a> Tom&#8217;s Hardware, AMD&#8217;s computing and graphics chief, Jach Huynh, underscored the company&#8217;s focus is on AI GPUs. According to AMD&#8217;s new strategy, it has merged its RDNA gaming graphics and CNDA data center efforts into a new one called &#8220;UDNA&#8221; that has AI at the center of it. 
When asked about flagship gaming GPUs that AMD was chasing, Huynh explained that the priority is to &#8220;build scale&#8221; first to take on rival Nvidia, instead of focusing only on the flagship segment. 
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40755035/u-s-court-says-this-cannabinoid-is-legal-rejects-deas-position-on-controlled-substances?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Stock Hits 4-Week Low After iPhone 16 Launch; Analyst Previously Noted 30-60 Day Recovery Trend</a>
Why It Matters: The announcement from Su comes at a crucial time for the semiconductor industry. Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is reportedly under pressure to overhaul its AI strategy to <a href="https://www.benzinga.com/markets/equities/24/09/40745734/intel-ceo-pat-gelsinger-under-growing-pressure-as-chipmaker-evaluates-major-ai-strategy-overhaul">keep pace with competitors</a> like AMD and Nvidia. Intel is evaluating significant strategic shifts to regain its competitive edge in the AI chip market.
Additionally, CNBC&#8217;s &#8220;Mad Money,&#8221; host Jim Cramer recently highlighted that Intel is &#8220;getting whacked&#8221; by AMD, emphasizing the latter&#8217;s growing <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40526660/jim-cramer-praises-l3harris-technologies-says-intel-is-getting-whacked-by-amd-i-much-pre">dominance in the AI sector</a>.
Earlier this year, Su had already indicated that AI is the &#8220;most important&#8221; technology of <a href="https://www.benzinga.com/markets/equities/24/03/37601308/amd-ceo-lisa-su-says-ai-is-most-important-technology-of-last-50-years-everyone-will-want-an-ai-p">the last 50 years</a> and predicted that &#8220;everyone&#8221; would want an AI PC in the future. 
Price Action: Advanced Micro Devices closed at $138.15 on Monday, up 2.83% for the day. In after-hours trading, the stock edged higher by 0.47%. Year to date, AMD&#8217;s stock is down 0.31%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next:
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</ul>
Photo courtesy: AMD
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Markets

Nvidia Rivalry Pushes AMD To Shift Focus Away From Flagship Gaming GPUs As Lisa Su Chases AI Supercycle: $4.5B In MI300X AI Chip Sales Projected For 2024

Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) will release earnings results for its second quarter, after the <a href="https://www.benzinga.com/quote/PLAY/earnings">closing bell on Tuesday, Sept. 10.</a>
Analysts expect the Coppell, Texas-based company to report quarterly earnings at 84 cents per share, up from 60 cents per share. Dave &amp; Buster&#8217;s projects to report quarterly revenue of $560.65 million for the quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 13, Dave &amp; Buster&#8217;s reported worse-than-expected first-quarter financial results.
Dave &amp; Buster&#8217;s shares fell 2.2% to $30.11 in after-hours trading.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/589dc33d43eaaa000122c591/jake-bartlett">Truist Securities analyst Jake Bartlett</a> maintained a Buy rating and cut the price target from $64 to $59 on Aug. 22. This analyst has an accuracy rate of 74%.</li>
<li>BMO Capital analyst Andrew Strelzik maintained an Outperform rating and lowered the price target from $75 to $65 on June 13. This analyst has an accuracy rate of 65%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/592423cf290fa700011180e7/nicole-miller%20regan">Piper Sandler analyst Nicole Miller Regan</a> downgraded the stock from Overweight to Neutral and raised the price target from $50 to $71 on April 4. This analyst has an accuracy rate of 75%.</li>
<li>UBS analyst Dennis Geiger maintained a Neutral rating and raised the price target from $60 to $66 on April 3. This analyst has an accuracy rate of 69%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58b579d9b85e930001267b2f/brian-vaccaro">Raymond James analyst Brian Vaccaro </a>downgraded the stock from Outperform to Market Perform on March 25. This analyst has an accuracy rate of 82%.</li>
</ul>
Considering buying PLAY stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="523" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-1024x523.png" alt="" class="wp-image-538878" style="width:642px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-1024x523.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-768x392.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18.png 1296w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/news/24/09/40773243/top-2-health-care-stocks-that-may-collapse-this-quarter">Top 2 Health Care Stocks That May Collapse This Quarter</a></li>
</ul>

PLAY

Dave & Buster's Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, but the index remained in the &#8220;Fear&#8221; zone on Monday.
U.S. stocks settled higher on Monday, with the Dow Jones index surging more than 1% during the session after losing over 1,200 points last week.
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares jumped 3.5% on Monday after the AI darling fell around 14% last week. Relay Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RLAY#NASDAQ">RLAY</a>) shares jumped 52% on Monday after the company reported interim data for its breast cancer treatment.
On the economic data front, U.S. wholesale inventories increased by 0.2% month-over-month to $903.5 billion in July compared to a preliminary reading of a 0.3% rise, and versus a revised flat reading a month ago.
All sectors on the S&amp;P 500 closed on a positive note, with industrials, information technology and consumer discretionary stocks recording the biggest gains on Monday.
The Dow Jones closed higher by around 484 points to 40,829.59 on Monday. The S&amp;P 500 rose 1.16% to 5,471.05, while the Nasdaq Composite jumped 1.16% at 16,884.60 during Monday's session.
Investors are awaiting earnings results from Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>), GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 42.1, the index remained in the &#8220;Fear&#8221; zone on Monday, versus a prior reading of 39.3.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Pre-Market Outlook

RLAY

Dow Jumps Over 1% Following Last Week's Selloff: Investor Sentiment Improves, But Fear & Greed Index Remains In 'Fear' Zone

Macro Economic Events

Econ #s

Economics

Germany Consumer Price Index (MoM) For August -0.1% Vs. -0.1% Est.; 0.3% Prior

Germany Consumer Price Index (YoY) For August 1.9% vs. 1.9% Est.; 2.3% Prior

U.K. Unemployment Rate For July 4.1% Vs. 4.1% Est.; 4.2% Prior

U.K. Employment Change 3M/3M (MoM) For July 265K Vs. 115K Est.; 97K Prior

U.K. Claimant Count Change For August 23.7K Vs. 95.5K Est.; 102.3K (Revised) Prior

U.K. Average Earnings Index +Bonus For July 4.0% Vs. 4.1% Est.; 4.6% (Revised) Prior

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Bath & Body Works to Present at the Bank of America Consumer & Retail Conference

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Bath & Body Works to Present at the Goldman Sachs 31st Annual Global Retailing Conference

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