Lowe's stock falls as spending pullback drives cut to earnings outlook 

Lowe's shares were falling in Tuesday's premarket trading after the company trimmed its full-year outlook and called out pressure on discretionary spending.

Kohl's Earnings Look Good but Sales Are a Different Story. The Stock Is Falling. 

The retailer beats quarterly earnings estimates but falls short on sales.

Best Buy Misses on Sales and Lowers Guidance. Consumer Demand Is 'Uneven.' 

The company's earnings came in ahead of expectations, but revenue trends are still choppy.

Ilya Sutskever: The OpenAI Genius Who Told Sam Altman He Was Fired 

The company's chief scientist led a board coup against one of the most prominent figures in Silicon Valley.

Abercrombie & Fitch Had a Stellar Quarter. Here's Why the Stock Is Lower. 

Retailer Abercrombie topped third-quarter estimates, and raised guidance, but shares are lower after a huge run-up this year.

The Big Bank With a $15 Billion Conundrum in China 

HSBC has a big stake in a Chinese lender that it can't easily sell and that could require a big write-down.

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels 

Choice CEO Pat Pacious sought to restart negotiations in a Nov. 14 letter.

GM's Driverless Taxis Need to Slow Down 

A more cautious approach can rebuild trust, but will also threaten the commercial promise that kept robotaxi venture Cruise on the road financially.

Biden's Electric-Vehicle Push Hits a Speed Bump 

Mining projects are being delayed after a plunge in prices for metals used in batteries.

Siemens Energy Eyes Gamesa Profits After Fiscal 2026 

Siemens Energy said it has defined a plan for its troubled wind-turbine unit to reach breakeven by fiscal 2026 and return to profitability thereafter.


(END) Dow Jones Newswires

November 21, 2023 09:00 ET (14:00 GMT)

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