Earnings Scout CEO Nick Raich previews Target’s (TGT) upcoming earnings report and discusses what it could reveal about consumer spending trends. He highlights strong earnings growth across the S&P 500 (SPX), led by technology and consumer discretionary stocks, while warning that slowing estimate revisions could create challenges for the market. Raich also examines the impact of the AI boom and explains why companies like Micron (MU) remain important indicators for investors.