May 28 : Best Buy on Thursday forecast second-quarter sales above Wall Street estimates after beating quarterly expectations on steady demand for AI-powered smartphones and gaming consoles as well as growth in its ads and marketplace channels.Shares of the U.S. electronics retailer surged 18 per cent. They ar

Best Buy reported better-than-expected earnings on Thursday as the company works toward turning around its sales slump.

May 28 : Best Buy on Thursday forecast second-quarter sales above Wall Street estimates after beating quarterly expectations on steady demand for AI-powered smartphones and gaming…