RECAP U.S. stocks struggled for direction Tuesday as traders eyed fresh data on slipping consumer attitudes but braced for the release of the PCE, or personal consumption expenditure price index, which will be published before the market opens on Thursday. The$標普500指數(.SPX.US)$climbed 0.17%, to 5,078. The$道瓊斯指數(.DJI.US)$dropped 0.25%, to 38,972. The$納斯達克綜合指數(.IXIC.US)$gained, or 0....
Despite strong profits, Lowe's faces challenges from low housing turnover and a consumer shift towards services. CEO Marvin Ellison anticipates these factors will pressure home improvement spending in 2024.
Despite beating earnings expectations, Lowe's Companies' sales fell due to a slowdown in DIY demand and unfavorable weather. The company's full-year outlook is also less optimistic than analysts' expectations, reflecting near-term macroeconomic uncertainty.
Morning Movers Gapping up $勞氏(LOW.US)$Shares of Lowe's edged up by 0.3% as the home improvement retailer announced fourth-quarter net sales that exceeded analysts' expectations, despite a persistent slowdown in the home improvement spending sector. $Zoom視頻通訊(ZM.US)$shares jumped by 12% following the release of the video-conferencing company's fourth-quarter earnings, which surpassed projections, bu...
The company's downbeat full-year outlook is attributed to a continued slowdown in DIY demand and uncertainty about the U.S. economy. Despite the significant quarterly profit beat, the stock declined due to the negative outlook and a drop in sales.
CEO Marvin Ellison acknowledges strong operating profit and improved customer satisfaction despite a pullback in DIY spending. However, high borrowing costs and a housing market slowdown could impact Lowe's sales, as home improvement projects constitute about 75% of sales.
Citi analyst warns of potential same-store sales miss for Lowe's due to weak foot traffic. Hightower Advisors' strategist anticipates sector rebound by 2024, prefers Home Depot over Lowe's.
勞氏股票討論區
PPI
That said, this new set data is still showing that inflation is very sticky. The final mile towards Fed’s 2% is going to be a tough one
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專欄Wall Street Today | AI Booming Market Looks Toward Inflation Gauge
U.S. stocks struggled for direction Tuesday as traders eyed fresh data on slipping consumer attitudes but braced for the release of the PCE, or personal consumption expenditure price index, which will be published before the market opens on Thursday.
The $標普500指數(.SPX.US)$ climbed 0.17%, to 5,078. The $道瓊斯指數(.DJI.US)$ dropped 0.25%, to 38,972. The $納斯達克綜合指數(.IXIC.US)$ gained, or 0....
專欄Today's Morning Movers and Top Ratings: ZM, LOW, M, CARG and More
Gapping up
$勞氏(LOW.US)$ Shares of Lowe's edged up by 0.3% as the home improvement retailer announced fourth-quarter net sales that exceeded analysts' expectations, despite a persistent slowdown in the home improvement spending sector.
$Zoom視頻通訊(ZM.US)$ shares jumped by 12% following the release of the video-conferencing company's fourth-quarter earnings, which surpassed projections, bu...
專欄What to Expect in the Week Ahead (LI, U, CRM and HPQ Earnings; PCE Data)
Monday's earnings highlights will include results from $理想汽車(LI.US)$, $Workday(WDAY.US)$, $Zoom視頻通訊(ZM.US)$, and $Unity Software(U.US)$.
$勞氏(LOW.US)$, $蒙特利爾銀行(BMO.US)$, $豐業銀行(BNS.US)$, $Rocket Lab(RKLB.US)$ and $Beyond Meat(BYND.US)$ ...
Record high, again
It must have been very painful if you’re a Bear in this kind of market.
The AI rally has been nothing but jaw dropping so far
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