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Lowe's and Best Buy Cut Sales Forecasts Amidst Consumer Spending Decline
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AMC Networks Senior Notes Tender Update
Best Buy and Analog Devices Face Sales C...
Chicago Business Barometer Plummets
Overview
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Lowe's and Best Buy both experience sales forecast cuts as consumers curtail spending on DIY projects and electronics. Analog Devices reports lower-than-expected revenue due to a supply glut in the semiconductor industry.
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How are Lowe's and Best Buy planning to adapt to the decline in sales?
How might the supply glut in the semiconductor industry impact other companies in the technology sector?
What factors are contributing to the consumer's decision to curtail spending on DIY and electronics?
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