TGT
Target Corporation
stockNYSE

You’re partially right about the drop off, but you're cherry picking. Your numbers on the core business and foot traffic are way off. The tariff benefit in Q2 was actually $1.65 per share after-tax ($994M pre-tax), not $0.82. However, calling the underlying core business "eroding" isn't supported by the actual numbers: * Foot Traffic is up, not down: Store & digital traffic grew +3.6% YoY in Q2. Stores comped +2.7% and digital comped +8.7% (driven by >25% growth in Same-Day Delivery). * Organic Earnings grew 20%: Reported Q2 EPS was $4.11. If you completely strip out the $1.65 tariff refund, core EPS was $2.46, which is still up 20% YoY compared to $2.05 in Q2 2025. * Sales Growth: Net sales grew +5.3% YoY in Q2, and management raised full-year organic guidance to ~5% sales growth. * High-margin growth: Roundel (their ad network) grew revenue +28.6% YoY, and gross margins expanded ~100 bps organically off supply chain and inventory fixes. Even excluding the entire tariff windfall, TGT raised their full-year base EPS guidance midpoint by $0.75. You're spot on that the headline $4.11 EPS has a non-recurring tailwind, but organic earnings and store traffic are both trending up, not down.

*We are in tax loss selling season and, coupled with concerns about the Midterms, inflation and negative market sentiment, the saying,* ***"Throwing the baby out with the bath water"*** *comes to mind.  Stocks that have sold off go down more than what their fundamentals show. But the potential for a significant rebound exists for these two companies. Both have revenues, capital, high insider ownership and upcoming 3Q financials that will update investors on the progress since last quarter and last year.* **SKYX Platforms $KYX**($0.84) recently announced a company-transforming merger with Deako, Inc. that expands the product mix and strengthens the company's position in the Smart Home space. Research Analyst Target Price (Noble Capital): $5.00/share * Combined pipeline: SKYX and Deako have an estimated pipeline of over 4 million units, with an expected average selling price of approximately $50 per product ($200 Million). * SKYX/Deako announced last week an agreement to supply over 80,000 units for 1,000 homes through Maronda Homes, a master home builder in multiple states. *  SKYX signed an agreement to supply technology for two 65-story luxury towers totaling over 2.2 million square feet in Hyderabad, India, with tens of thousands of units expected to be deployed. * SKYX is supplying  its technologies for its second renovation of a Marriott $MAR hotel with more renovation announcements anticipated. * Adoption of SKYX technology is expanding: including Miami’s $4 billion Smart City and projects in North Carolina, Austin, San Antonio, South Florida, New York, Europe, Saudi Arabia, and Egypt. **Financial Position and Growth** * Cash position: Reported $27.7 million in cash and  cash equivalents (as of June 30) * Cash flow target: Management focused on becoming positive cash flow by end of year. * Growth track record: Reported 10 consecutive quarters of year-over-year growth. With Deako's $26 million in 2025 revenue, continued revenue growth is projected along with SKYX's $94 million 2025 revenue. **Patented Turbo Heater Fan Introduced in Time for Winter** * Retail distribution:  * Home Depot $HD, Lowe’s $LOW, Target $TGT, Walmart $WMT and Costco $COST (Costco not announced yet, but there are videos online showing Turbo Heater Fan displays in Costco from SKYX) * Amazon $AMZN, Wayfair $W and SKYX’s e-commerce platform of 60 websites. * Strong Season Coming: SKYX expects significant sales growth during the fall and winter in both retail and builder markets to contribute to Year over Year revenue growth numbers. **SKYX–Deako Merger: Synergies and Financial Terms** * Combined SKYX/Deako full product portfolio expected to substantially increase revenues going forward. * Expected annual cash expense reductions of over $6 million from merger to contribute to bottom line * Both companies build upon a recurring revenue model * Product upgrades and interchangeable plug-and-play products. * AI services, monitoring, subscriptions, and licensing. * Merger opens the door for Deako products to be incorporated into SKYX projects and vice versa, including Marriott properties, European hotels, and Miami’s $4 billion Smart City. **What is Deako and Why Merge?: Market Acceptance and Strategic Relationships** * **Deako’s lead investors include Paul Jacobs, former Chairman and CEO of Qualcomm $QCOM and current CEO of Globalstar $GLST** and former Deako board member Marwan Fawaz served as CEO of Nest, the smart-home company acquired by Google $GOOG. * Builder relationships: Deako recently extended supply agreements with D.R. Horton and Stone Martin (Validates Deako's value to builders). * Scale and revenue: Deako shipped over 32 million units and generated more than $26 million in revenue in 2025. * **Builder customer base: Supplies over 50 U.S. homebuilders, including:** * **D.R. Horton $DHI, Toll Brothers $TOL, Risewell Homes, Adams Homes, Maronda Homes, Shea Homes, and Schumacher Homes.** * Combined product offering: The merger is intended to enable an end-to-end AI-enabled, plug-and-play smart-home and building solution, including: Wall outlets and wall switches, ceiling outlet boxes, smart lighting and ceiling fans, smoke detectors and other safety products. * Market differentiation: The companies aim to address the limitations of conventional smart-home solutions, which often require costly, time-consuming wired installation and provide only partial coverage of a home’s needs. **Summary** * Continued Revenue Growth: A combined pipeline exceeding 4 million units, with a stated average selling price of approximately $50, provides a significant potential sales opportunity, although pipeline estimates do not guarantee orders or revenue. * Why Merge?: The SKYX–Deako combination is expected to increase revenue per home, reduce annual cash expenses, and expand recurring revenue opportunities. * Expansion into Commercial Markets: Agreements and relationships involving Maronda Homes, D.R. Horton, Stone Martin, Marriott, Group OTT, and Trump Towers demonstrate a range of targeted builder and hospitality applications. * Monetization: Licensing, AI-enabled e-commerce, and recurring services could diversify revenue beyond hardware sales. * **Major catalysts:** Execution of the merger synergies, conversion of the pipeline into shipped products, achievement of positive cash flow, broader hotel and builder adoption, and progress toward mandatory safety-code standardization. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ **Big Digital Energy ($BGDE)** is positioning itself to transition from Bitcoin mining and digital colocation toward higher-value AI/HPC infrastructure.  * Endeavor Blockchain colocation agreement: **BGDE agreed to provide approximately 75 MW of capacity for roughly 25,000 Bitcoin mining machines supplied by an Endeavor affiliate.** The 50/50 profit-sharing structure allows BGDE to receive of 100% the cash proceeds from mining, while Endeavor's compensation includes company shares and warrants priced at $20 . This near term monetization of underutilized power helps bridge the revenue gap as BGDE develops its AI strategy. * **Bitcoin mining revenue potential:** The agreement provides a potential near-term cash-flow bridge rather than BGDE waiting for revenues as its AI data centers come online. Actual profitability will depend on Bitcoin prices which have rebounded from its recent lows. **Considering BGDE reported only $30,000 in digital-asset mining revenue in Q2 2026, the prospect for an upside surprise in its 3Q is very high.** * **Hood County, Texas — AI infrastructure JV:**  BGDE and 10NetZero completed the site acquisition through their 50/50 Texas Load House joint venture in July. The site has **17 MW of existing operational power**, potential expansion to **111 MW of grid capacity**, subject to validation, and a possible build out of up to **300 MW** with behind-the-meter natural-gas generation. * August letter of intent outlined a proposed initial **17 MW AI/HPC deployment**, including 7,748 NVIDIA B300 GPUs, targeted for service in Q2 2027. Terms suggest approximately **$546 million in potential power-lease-related revenue over 15 years**, potentially rising to $1.07 billion over 25 years if both extension options are exercised.  * **Total power capacity:** BGDE reported approximately **146 MW of current operational-site capacity**. The Hood County site's 17 MW, 111 MW and 300 MW figures represent existing, potential grid-expanded and maximum potential site capacity, respectively—not three amounts simply be added up, but shows the potential for growth.   * **Insider ownership and alignment:** Executive Chair Josh Kilgore, CEO Phil Stanley and COO Cody Smith were reported as beneficial owners, directly or indirectly, of approximately **29% of BGDE's common stock**. Endeavor-related arrangements are closely tied to management, creating potential alignment with shareholders. **Potential Near Term Catalysts** * Monthly cash generation and utilization under the 75 MW mining/colocation agreement. * Definitive customer contracts, financing, construction milestones and power validation at Hood County. * Progress toward the targeted Q2 2027 AI deployment in Pennsylvania and Ohio sites. * Additional powered-site acquisitions and AI/HPC customer announcements. * News on Anthropic's and OpenAI's interest in smaller data center sites rather than waiting for the mega-sized data centers *NOTE: This post is meant to be a starting point for your own due diligence. Read all press releases, SEC filings and research reports.*