Topics

Posted 9/8/2023, 6:33:43 PM

RH stock tumbles as CEO forecasts prolonged housing slump

RH stock drops 15% after CEO warns of 'challenging' luxury housing market
RH says housing market likely won't stabilize until 2023 due to high mortgage rates
Furniture retailers like RH tied to housing market, which remains frozen due to high rates
RH Q2 earnings beat estimates but Q3 revenue outlook falls short of expectations
RH has been warning of housing market slowdown for several quarters as demand softens

yahoo.com

Relevant topic timeline:

8/31/2023

“September Effect”: Are Stock Markets Doomed to Fall? - TipRanks.com

Stocks have historically performed poorly in September, with an average loss of 1.12%, but investors should not base their decisions solely on this statistical trend and should focus on buying fundamentally strong companies at reasonable prices.

9/11/2023

RH Faces Near-Term Headwinds But Long-Term Prospects Intact as Luxury Brand Diversifies Beyond Furnishings

RH, the luxury home furnishings company, is facing challenges as the housing market slows down, but its business is expected to improve in the second half of the year with the launch of new products and expansion into Europe, and its stock is undervalued, making it a potentially good investment.

9/15/2023

Stocks Slide but Wall Street Eyes Weekly Gains Despite Earnings Beats

Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.

9/21/2023

Home Sales Drop in August as Prices and Interest Rates Rise

Sales of previously owned homes fell 0.7% in August from July, with high mortgage rates and tight supply impacting potential buyers.

9/24/2023

Stocks Teetering as Rate Hike Reality Sets In

Stocks are falling sharply as the fantasy of rate cuts turns into the nightmare of higher rates and inflation, potentially leading to a significant decline in the S&P 500 and the end of the summer rally.

9/26/2023

Stocks Sink as Investors Worry Over Likely Delayed Fed Rate Cuts, Lower Consumer Confidence

Stocks fell on Tuesday as Wall Street grappled with the possibility of the Federal Reserve maintaining higher interest rates, while consumer confidence declined for the second consecutive month, reaching its lowest levels since May.

9/26/2023

Stocks Slide as Rising Rates Threaten 2023 Growth Outlook

Despite optimistic earnings predictions, the current market math suggests that stock prices are likely to drop substantially due to high price-to-earnings ratios and rising interest rates.

10/3/2023

Stocks Plummet as Investors Worry Fed Rate Hikes Will Trigger Recession

US stocks fell as investors worried about the impact of higher interest rates, with the Dow down nearly 1.5% and the S&P 500 and Nasdaq indexes also dropping. Concerns about the Federal Reserve's policy and its effect on the housing market and potential recession led to the market decline.

10/3/2023

Analysts Remain Bullish on Amazon Despite Recent Stock Drop

Amazon stock has fallen 15% recently, but two analysts believe it is a good time to buy.

Topics

Posted 9/8/2023, 6:33:43 PM

RH stock tumbles as CEO forecasts prolonged housing slump

RH stock drops 15% after CEO warns of 'challenging' luxury housing market
RH says housing market likely won't stabilize until 2023 due to high mortgage rates
Furniture retailers like RH tied to housing market, which remains frozen due to high rates
RH Q2 earnings beat estimates but Q3 revenue outlook falls short of expectations
RH has been warning of housing market slowdown for several quarters as demand softens

yahoo.com

Relevant topic timeline:

8/31/2023

“September Effect”: Are Stock Markets Doomed to Fall? - TipRanks.com

9/11/2023

RH Faces Near-Term Headwinds But Long-Term Prospects Intact as Luxury Brand Diversifies Beyond Furnishings

9/15/2023

Stocks Slide but Wall Street Eyes Weekly Gains Despite Earnings Beats

Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.

9/21/2023

Home Sales Drop in August as Prices and Interest Rates Rise

Sales of previously owned homes fell 0.7% in August from July, with high mortgage rates and tight supply impacting potential buyers.

9/24/2023

Stocks Teetering as Rate Hike Reality Sets In

9/26/2023

Stocks Sink as Investors Worry Over Likely Delayed Fed Rate Cuts, Lower Consumer Confidence

9/26/2023

Stocks Slide as Rising Rates Threaten 2023 Growth Outlook

Despite optimistic earnings predictions, the current market math suggests that stock prices are likely to drop substantially due to high price-to-earnings ratios and rising interest rates.

10/3/2023

Stocks Plummet as Investors Worry Fed Rate Hikes Will Trigger Recession

10/3/2023

Analysts Remain Bullish on Amazon Despite Recent Stock Drop

Amazon stock has fallen 15% recently, but two analysts believe it is a good time to buy.