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Tag: Product Stockpile

This record number in Nvidia earnings is a scary sight

This record number in Nvidia earnings is a scary sight

November 16, 2022November 16, 2022 · Business

Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the…

Read more This record number in Nvidia earnings is a scary sight
Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year

Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year

September 29, 2022September 29, 2022 · Breaking News

Shares of Nike Inc. plunged as much as 10% after hours Thursday, after the athletic-gear giant’s executives said price-cutting efforts to flush off-season clothing from warehouses in North…

Read more Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year
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