RetailSector
The Retail 'Margin Vise': Best Buy Faces Double Downgrade Amidst AI-Driven 'Memflation'
The consumer electronics landscape shifted dramatically this week as Goldman Sachs (NYSE:GS) issued a rare and aggressive "double downgrade" for Best Buy (NYSE:BBY), moving the retail giant from a ‘Buy’ directly to a ‘Sell.’ The downgrade comes at a precarious moment for the electronics sector, which