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Abercrombie & Fitch raises sales forecast as fresh clothing styles draw shoppers, ET Retail

Abercrombie & Fitch: Abercrombie has been filling its shelves with a fresh collection of styles, including dressy apparel and cargo pants, while also capitalizing on the demand for new denim silhouettes, as jeans become a post-pandemic workwear wardrobe staple.
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Nordstrom tops quarterly estimates on steady demand from affluent Americans

(Reuters) -Nordstrom joined rival Macy's in adopting a cautious tone over demand in the second half of the year and warned of higher credit losses as more consumers default on payments, sending its shares down 4% in extended trading. "We continue to see a cautious consumer," said Nordstrom finance chief Catherine Smith, adding sales slowed at both its eponymous stores and off-price Nordstrom Rack banner during the third quarter. The company warned of delinquencies increasing gra...
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Source: yahoo.com

Nvidia adds jet fuel to AI optimism with record results, $25 billion buyback

:Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fueled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours. Nvidia's forecast beat expectations by billions of dollars, demonstrating t
Colette Kress Jensen Huang Jacob Bourne Marvell Technology California Based Nvidia Big Tech

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