$TJX

A Markets Brief says software stocks have rebounded, citing Morningstar’s Dan Romanoff that the “AI kills software” narrative is fading as companies improve efficiencies, monetize AI offerings, and focus on profitability. It highlights examples including Atlassian, HubSpot, and Figma. It also previews retailer earnings starting with Home Depot, Lowe’s, Target, TJX, and Walmart, and discusses Bank of America’s view that AI investment is inflationary near term via July CPI core goods.

The article says the coming week has no major US data releases, aside from Philly Fed manufacturing and weekly jobless claims. It highlights retailer earnings as the main focus on US consumer health and inflation, listing Home Depot (Aug 18), Target, Lowe’s, TJX (Aug 19), and Walmart (Aug 20). It notes supply chain, costs, and inventory updates will be watched.

The week ahead focuses on housing and consumer health. Housing starts and pending home sales are due Tuesday, with July starts up 19% month over month and pending sales down 5.4% in June. Earnings include Home Depot (est. $47.27B revenue, $4.73 EPS) and TJX (est. $15.18B revenue, $1.19 EPS), plus Walmart and Ross commentary.

This week’s focus includes earnings from Home Depot (HD), Target (TGT), TJX (TJX), and Walmart (WMT) to gauge consumer spending across income segments. Investors will also review Wednesday FOMC minutes (Fed Chair Kevin Warsh), Thursday Philadelphia Fed manufacturing data and initial jobless claims, and Friday preliminary Aug PMIs, plus crude oil inventories and Alibaba (BABA) results.

Investors are set for a busy earnings week focused on consumer spending. Walmart (Thursday), Target (Wednesday) and Home Depot (Wednesday) report quarterly results amid softer sentiment, with University of Michigan surveys showing declines and U.S. retail sales down 0.6% in July. The article also lists earnings from Lowe’s, Home Depot, Deere, TJX, Ross, BJ’s and others, plus Fed minutes.

Investing.com previews the Q2 earnings period, noting stocks are little changed after a record high. Key reports include NVIDIA (NVDA) Aug 26 with $91.9B revenue and $2.08 EPS, Walmart (WMT) Aug 20 with $186.8B sales, plus Salesforce (CRM), CrowdStrike (CRWD), and retailers Home Depot (HD), Target (TGT), Lowe’s (LOW), TJX (TJX).

Investing.com, citing Bloomberg options data, says TJX Cos. shares could move about 4.4% on Aug. 19 when it reports earnings. The article notes two of the past eight releases saw larger-than-implied moves, while six were smaller, including a Feb. 25 result with a 0.7% decline versus a 4.0% implied move.

TJX closed at $155.74, down 1.94% versus the prior day, while the S&P 500 fell 0.32%. TJX has gained 5.51% over the past month. The company is set to report earnings Aug. 19, 2026; consensus calls for EPS of $1.18 and revenue of $15.14B. Full-year estimates: EPS $5.19, revenue $63.93B.

Investing.com reports Bernstein highlighted three off-price retailers ahead of Q2 earnings. It expects near-term weakness for TJX but calls it the top fundamental pick. For Ross Stores, it cites better marketing and execution but warns second-half guidance risk versus a high comp base. For Burlington, it notes inventory and an easier comp but flags guidance volatility.

TJX (TJX) ended the recent trading session at $159.26, demonstrating a -1.47% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 1.66%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 2.78%. Prior to today's trading, shares of the parent of T.J. Maxx, Marshalls and other stores had gained 6.79% outpaced the Retail-Wholesale sector's gain of 0.61% and the S&P 500's loss of 1.49%.