Target’s profit will be pressured in the first quarter due to tariff uncertainty and bad weather, but will then see improvement the rest of the year

Nvidia reported solid earnings late Wednesday and provided a revenue forecast for the April quarter that was ahead of expectations. For its January quarter, the semiconductor company reported adjusted earnings per share of 89 cents,

Target is looking to reclaim its crown in the kingdom of discretionary merchandise after warning of a steep decline in profits late last year.

Strong holiday demand for discretionary items helped Target barrel past fourth-quarter earnings expectations. But uncertainty over consumer demand and tariffs will weigh on the current quarter’s performance,