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13:57
U.S. stocks move: Lowe's drops 4.8% to nearly an 11-month low as Q1 same-store sales growth falls short of expectations
Glonhui May 20 | U.S. major home improvement retailer Lowe's (LOW.US) once fell about 4.8% at the beginning of trading, hitting a low of $208, the lowest since June last year. In terms of news, Lowe's Q1 revenue was $23.1 billion, up 10.4% year-on-year, and adjusted earnings per share were $3.03, both exceeding expectations. During the period, same-store sales increased by 0.6%, which was lower than market expectations. Lowe's reiterated its full-year performance forecast and stated that the macro real estate market environment remains challenging.
13:56
PrimeEnergy Corporation recently announced its financial results for the first quarter of 2026.
The report shows that despite facing a persistently negative natural gas price environment, the company still achieved strong cash flow performance. This result highlights the company’s outstanding capabilities in cost control and operational efficiency, effectively offsetting the adverse effects caused by energy price fluctuations.
13:51
US stock CPU concept stocks rally strongly
Glonghui, May 20|ARM surged 10%, Intel rose over 6%, and AMD gained over 4%.
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