Earnings live updates: Klarna stock plunges on trimmed guidance, Home Depot gains

Earnings live updates: Klarna stock plunges on trimmed guidance, Home Depot gains

Tue, August 18, 2026 at 2:59 PM GMT+3 1 min read

Retail earnings are set to offer a check of consumer health this week as the second quarter earnings season winds down.

On Tuesday, Home Depot's (HD) results showed that consumers continued to spend, albeit on smaller projects, as geopolitical concerns and inflation weigh on US households. Walmart (WMT), Target (TGT), and Lowe's (LOW) are among the other big box stores reporting this week.

Overall, earnings season showed remarkable strength. According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted.