inventories

Home sales in the United States fall for the 9th consecutive month in October |  CNN Business

Home sales in the United States fall for the 9th consecutive month in October | CNN Business

U.S. home sales fell for the ninth straight month in October as soaring mortgage rates and high prices pushed buyers out of the market. Sales of existing homes — which include single-family homes, townhouses, condominiums and co-ops — were down 28.4% in October from a year ago and 5.9% from September , according to a …

Home sales in the United States fall for the 9th consecutive month in October | CNN Business Read More »

This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

This record Nvidia revenue number is a chilling sight Read More »

This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

This record Nvidia revenue number is a chilling sight Read More »

Futures fall after unemployment insurance claims

Higher inventories; Apple falls on iPhone warning

The Dow Jones Industrial Average rose 100 points on Monday morning, but Apple stock fell after the company warned it had cut iPhone 14 production due to Covid-19 restrictions in China. X Top earnings reports this week include Diamondback Energy (CROC), disney (SAY), DoubleVerify (DV), DR Horton (DHI), Lyft (LYFT), Mosaic (MOS), western (OXY), Roblox …

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