HP Inc. sees slowing PC demand in mixed Q3 earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

HP Inc. (HPQ) shares are falling this morning after the computer manufacturer showed mixed third-quarter earnings — narrowly missing on revenue of $13.2 billion while narrowly beating estimates with adjusted earnings of $0.86 per share. Yahoo Finance Live examines HP's revenue across segments and how slowing demand for PCs in consumer markets is hitting the company.

Remember Greta Thunberg? the popular Swedish activist's net worth has baffled everyone"When you go from record-low mortgage rates to levels that we haven't seen for almost 20 years, you've destroyed both demand and supply," El-Erian said.Experts always say that real estate is a good investment. Real Estate Agents Say: Buy Property in These 5 States To Be Rich in 5 YearsRelated: 3 Things You Must Do When Your Savings Reach $50,000 If...

Macrolens Chief Strategist and Managing Principal Brian McCarthy says that, as is, China is dealing with geopolitical concerns and an economy in transition. With that backdrop, the country is also experiencing "the biggest housing bubble we've probably ever seen has just blown up," which will be a drag on credit extensions and consumer confidence, McCarthy tells Yahoo Finance Live.

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:

 /  🏆 47. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yahoo Finance LIVE - Aug 29 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »