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Search resuls for: "Alexander Spatari"


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The dismal numbers put into sharper focus what we've been hearing from the likes of chipmaker Advanced Micro Devices (AMD), which blamed PCs in last week's revenue warning. PC shipments drop sharply This week, Gartner published preliminary quarterly data on worldwide personal commuter shipments, estimating a 19.5% decline compared to the third quarter of 2021. Another group that also tracks the PC business, IDC, reported an annual decline in global shipments of 15% in the third quarter. In statements to CNBC, neither IDC nor Gartner would speak to the other's data or why the Apple numbers were so different. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
And below, I'm breaking down what Bank of America has to say about the worst bond market decline in over 70 years. The bond market is in the middle of a historic crash and it'll hammer stocks, according to a Friday note from Bank of America. As central banks around the world move to stem inflation, BofA analysts said bonds are experiencing their worst decline since 1949. What's your stock market outlook heading into year-end? As stocks sell off, Fundstrat's Tom Lee is sticking to his bullish year-end stock market forecast.
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