Trouble at Walgreens and Levi's, AI Stocks fall on Micron Guidance
There are more macro red flags this morning as Walgreens and Levi's are both out with disappointing numbers. Walgreens has lowered their EPS guidance and has announced plans to close a "significant number" of it's stores. Levi's has announced disappointing wholesale revenue as US retailers continue to reduce inventory due to struggling consumers. It's the best economy ever.
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