Net sales totaled $1.45 billion for the three months ended September 24, 2022, compared with $1.34 billion for the quarter ended September 25, 2021. Excluding gasoline sales, comparable store sales increased 5.2% over the comparative fiscal quarter.
Oil prices were steady on Wednesday as concerns about lower demand from China due to COVID-19 curbs offset data showing a larger-than-expected U.S. crude draw last week.Brent crude futures traded around $87.00.Best Buy soared 12.8% after the consumer electronics chain did better than analysts expected and said a decline in sales for the year will not be as bad as it had projected earlier.
HP shares are adding 1% in premarket trading after the company announced jobs cuts and better-than-expected quarterly results.Markets were closed in Japan for a holiday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
STOCK MARKET NEWS: Futures cautious, oil gains, FTX falloutThanksgiving travel rush is back. More on Donald Trump’s tax records legal fight. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Won't that be great for the United States when the digital dollar gets hacked?
Source: FoxBusiness - 🏆 458. / 53 Read more »
What stock-market investors will be looking for in the Fed minutesInvestors want clues on how high the benchmark interest rate needs to go and how long it will stay there.
Source: MarketWatch - 🏆 3. / 97 Read more »
Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers SaidJames Bromley, an attorney representing FTX, said FTX was Sam Bankman-Fried's 'personal fiefdom.' Binance's CEO wondered if Grayscale holds all the bitcoin it says it does. Bitcoin rebounded to above $16,000, _jocelynyang_ reports _jocelynyang_ _jocelynyang_ I'm hoping for a recovery at the end of the month and so I'm spending as much usdt as I can to buy bitcoin
Source: CoinDesk - 🏆 291. / 63 Read more »
Crypto market liquidity dries up following Alameda and FTX collapseThe crypto market has seen liquidity dry up as market makers re-examine their exposure and risk tolerance. Really sucks to not have Alameda as the losing end of every trade now 😭 It was that nerdy intelligent girl that just wanted to save the world!!!! Mind the gap
Source: TheBlock__ - 🏆 464. / 53 Read more »
Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional ConfidenceBonds issued by Coinbase and MicroStrategy tanked, the FTX exploiter moved a total of 180,000 $ETH and the crypto market plunged amid continued market uncertainty, _jocelynyang_ reports _jocelynyang_ It is a very fragile system Hacker manipulating the market. That does not sounds good. _jocelynyang_ No word about coinbase insolvency? They are looking for new investors _jocelynyang_ SBF_FTX, you did it?
Source: CoinDesk - 🏆 291. / 63 Read more »
Top-ranked market analyst says FTX just another ‘mania’Evercore ISI Senior Managing Director Mark Mahaney joins 'Mornings with Maria' to discuss the collapse of FTX and its impact to the crypto industry. I would appreciate market analysis from people actually in the crypto industry and not the legacy system. It's very clear they are out of touch in the industry and not providing solid much less truthful information...
Source: FoxBusiness - 🏆 458. / 53 Read more »