Best Buy Co., headquartered in Richfield, Minnesota, employs 85,000 staff and operates through Domestic and International segments, providing consumer technology products and services under various brands. The company offers categories including Computing and Mobile Phones, Consumer Electronics, and more.
BBY has been in the news recently: Nvidia's shares increased by 6% after the company reported stronger-than-expected Q1 earnings, bringing its revenue to $44.06 billion. Additionally, U.S. stock futures rose over 1% in premarket trading following a decline the previous day, which may positively impact companies like Best Buy Co. that are influenced by the tech sector.
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