WSJ's Take On the Week

Why Consumers Are Buying Flights Instead of Gifts This Holiday Season

11.19.2023 - By The Wall Street JournalPlay

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This week is Black Friday, which means it’s the unofficial kickoff of the holiday shopping season. The big question many economists want to know is will consumer spending be strong? WSJ retail reporter Sarah Nassauer joins us as we look ahead to earnings reports this week from retailers, like Best Buy and Dick’s Sporting Goods, to find out if the holiday spirit is enough to boost sales. Then, we’re turning our attention to artificial intelligence. Nvidia, the technology company known for designing and manufacturing computer graphic chips, is expected to report earnings this week. After the AI boom helped fuel gains for the company, investors are looking to see what recent U.S. restrictions limiting exports to China will mean for the company and its stock. Brenda Vingiello, the chief investment officer of Silicon Valley-based Sand Hill Global Advisors, joins us to explain what investors should be looking for in Nvidia’s earnings report. Lastly, we’re queuing up for holiday travel. With a record number of consumers expected to travel in the next six months, we’re checking in with WSJ’s travel reporter, Jacob Passy, to find out if this sky-high travel is reaching a descent anytime soon.

Further Reading

Five Economic Signs You’re Smart to Procrastinate on Holiday Shopping This Year 

Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs 

For more coverage of the markets and your investments, head to WSJ.com.

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