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Stocks fell this week on oil prices and Fed rate-hike expectations, though Oracle's earnings underscored AI infrastructure strength. MarketBeat analysts recap top stories on earnings, defense, AI, and other stock opportunities.
Heidi O'Neill takes over after a brutal year for Lululemon, with weak sales, tariff pressure and competition all weighing on the business.
US equity indexes ended lower Friday after expectations of an interest rate hike increased following
(Updates with index/price moves, macroeconomic data and company news from the first paragraph.) U
All three major US stock indexes were down on Friday after a strong August jobs report increased exp
The Dow Jones Industrial Average, S&P 500 and Nasdaq edged lower today as a strong August jobs report provided another datapoint for Federal Reserve policy expectations. Also, diesel prices hit a record high, and another retail brand, Lululemon Athletica, took an earnings hit.
On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk's effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards. - Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain's shares.
Tariff refunds of $134.5 million added $0.86 per share to the quarter
Stock Market Today: The Dow Jones index falls Friday ahead of the August jobs report. Lululemon stock plunges 21% on earnings.
↗️ Volkswagen (XE:VOW3): Shares jumped 6% after the German automaker’s supervisory board approved a plan to double job losses to 100,000 and halve its model portfolio as it contends with President Trump’s tariffs and intensifying competition from Chinese automakers.
U. S. stock futures were little changed on Friday as investors awaited the August nonfarm payrolls report and assessed comments from Federal Reserve officials on the interest-rate outlook.
U.S. stock futures were little changed on Friday as investors remained cautious ahead of Friday’s closely watched U.S. jobs report, while comments from Federal Reserve Governor Christopher Waller helped ease some concerns over an imminent interest-rate hike.
Lululemon Athletica best known for its yoga clothes and other specialty athleticwear, reported quarterly revenue that fell short of expectations. For its second fiscal quarter ended in July, Lululemon reported sales of $2.4 billion, below the $2.458 billion Wall Street expected, and down from $2.525 billion in the year-ago quarter. Adjusted earnings of $2.92 a share beat projections for $1.79 a share, but that included 86 cents a share from federal tariff refunds.
Today Fed speakers: Fed governor Christopher Waller is due to speak at 8:30 a.m. ET. Cleveland Fed President Beth Hammack and Chicago Fed President Austan Goolsbee are also making public appearances. Earnings (a.
Today Earnings (a.m.): Brown-Forman, Ollie’s Bargain Outlet Earnings (p.m.): Broadcom, Hewlett Packard Enterprise, Snowflake, Five Below Economic data: ADP national employment report (August), July durable-goods and factory orders, Federal Reserve Beige Book, EIA weekly petroleum status report Central banks: Bank of Canada interest rate announcement Tomorrow Fed speakers: Fed governor Christopher Waller.
Today Executive Moves: John Ternus takes the helm at Apple, succeeding Tim Cook Fed speaker: Fed governor Michael Barr, 9:05 a.m. ET Earnings (a.m.): Medtronic, Alimentation Couche-Tard Earnings (p.
Today Meetings: G20 finance ministers and central-bank governors meeting Economic data: Texas manufacturing outlook survey, agricultural prices, portfolio holdings of foreign securities, preliminary results Tomorrow Executive Moves: John Ternus succeeds Tim Cook as Apple’s CEO Fed speaker: Fed governor Michael Barr, 9:05 a.
Asking for a Trend Host, Josh Lipton, tees up the key events investors should watch in the week ahead, starting Monday, August 31, with earnings from Dell (DELL), Palo Alto Networks (PANW), Lululemon (LULU), and Snowflake. (SNOW) On Wednesday, Broadcom's (AVGO) results will offer another read on the AI trade. Then on Friday, investors will get the August jobs report, with economists expecting the unemployment rate to hold steady at 4.1%
New Section 338 tariffs on Canadian-made goods are pressuring Canada Goose, West Fraser Timber and Amrize, with each stock showing weakening technicals amid stalled U.S.-Canada trade talks.
Activewear maker Delta Galil has reported an increase in Q2 profit, lifted by tariff refunds, a portion of which it will invest in its manufacturing and supply chain to drive future growth.
Wall Street analysts are reshuffling their bets on Thursday, sending some of the market's biggest names in opposite directions as geopolitical tensions and inflation crosscurrents cloud the outlook. Find out which stocks got upgraded, downgraded, or newly covered today.
Apparel giants face declines as weak demand, tariffs, excess inventory and restructuring challenges pressure the industry.
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