Luxury winemaker Duckhorn Portfolio on Wednesday said it expected muted profit growth in the year ahead, even as it raises prices, but it said it expected its premium-leaning customers to Read more
Tag: drying
Cracks in subprime auto, fears of repo revival aren’t yet drying up Wall Street financing
Soaring used-car prices have kept a key spigot of funding for the record $1.6 trillion subprime auto loan market open, even as cracks in consumer credit have begun to emerge. Read more
Micron’s weak forecast adds to Wall Street concerns that chip demand is drying up
Micron Technology Inc. added to Wall Street fears late Thursday that customers may have loaded up on chips during the shortage after the memory-chip maker forecast a poor outlook following Read more