TJX Companies shares have bounced more than 13% from their mid-September low, trading above $139, after falling about 8% since their August earnings report. A Morgan Stanley survey confirms the second-quarter struggles were macro-related rather than structural, with 69% of respondents cutting spending and 37% finding prices too high. The Surface Laptop Ultra, a collaboration between Microsoft and Nvidia, can run AI models directly on the machine without recurring monthly fees. The device is available for pre-order at nearly $2,600 with shipping beginning October 16.
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