The company's Network 2.0 initiative can now go into full swing.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Stock futures kept falling after a hot jobs report sent bond yields higher. Dow futures were flat. S&P 500 futures were down 0.6%. Nasdaq 100 futures was down 1.3%. The U.S. economy added 172,000 jobs in May, which was well above expectations at 105,000 jobs.
LULU beats on Q1 EPS and revenues. But shares fall after hours as tariffs and markdowns squeeze margins and the company cuts FY26 view, as Americas comps slide.

<body><p>STORY: From SpaceX going sky high to Victoria's Secret making a comeback...</p><p>:: The Week In Numbers</p><p>This is The Week in Numbers.</p><p>:: $75 billion</p><p>$75 billion is how much SpaceX plans to raise in its upcoming share sale.</p><p>That was the word from a Reuters source.</p><p>They said Elon Musk’s rocket firm will sell almost 556 million shares at $135 apiece.</p><p>Reuters had earlier reported the IPO would see SpaceX valued at $1.75 trillion.</p><p>:: $965 billion</p><p>$965 billion is how much Anthropic's valuation surged to.</p><p>It put the AI startup ahead of Sam Altman's rival OpenAI.</p><p>Anthropic announced it had raised $65 billion in its latest funding round, which pushed up its value.</p><p>It aims to boost computing capacity to meet growing demand for its chatbot Claude and to scale its products</p><p>:: 50%</p><p>About 50% is how high Victoria's Secret shares soared post-results.</p><p>Investors bought in after the lingerie retailer posted blockbuster quarterly earnings and raised its annual forecasts.</p><p>Revenue grew by double digits in the quarter.</p><p>It follows CEO Hillary Super's efforts to stop years of falling sales by reining in discounting and leaning back into its former "sexy" image.</p><p>:: 60</p><p>60 is how many economies the Trump administration has proposed placing more duties on imports of.</p><p>It cited failures to curb trade in goods made with forced labor, which it called unreasonable and argued it restricted U.S. commerce.</p><p>The duties would reach up to 10% or 12.5% and targets major players like the EU, China and neighbours like Mexico and Canada.</p><p>It comes as the Trump administration tries to rebuild its emergency tariffs after they were struck down in February by the U.S. Supreme Court.</p><p>:: $2 billion</p><p>And up to $2 billion is how much Garth Brooks could sell his music catalog for.</p><p>That's what the Wall Street Journal reported.</p><p>The country music star is known for hits like 'The Dance' and 'Friends in Low Places'.</p><p>The Journal said the deal would cover both Brooks' songwriting and recorded music rights.</p></body>
Stocks were headed for the red on Friday as investors ditched tech ahead of the May jobs report, which will give the market a better idea of whether there will be scope for the Federal Reserve to hike interest rates later this year. Futures tracking the Dow Jones Industrial Average rose 29 points, or 0.1%. S&P 500 futures fell 0.6% and contracts tied to the tech-heavy Nasdaq 100 dropped 1.3%.
FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.
(Bloomberg) -- Canada will provide funding to help artificial intelligence companies scale up, and plans to take equity stakes in the country’s most promising AI firms to accelerate the creation of so-called “national champions.”Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissTrump to G
The SPDR Gold Shares (NYSEARCA:GLD) has quietly become one of the largest stories in markets, with the fund now holding roughly $1.2 trillion in net assets after a 36% gain over the past 12 months. GLD is the largest physically backed gold ETF in the world, and shares recently closed near $417. After a torrid ... The Fed’s Next Move Will Determine Whether GLD Can Extend Its 36% Rally
Deere and heavy machinery stocks continued to rally on Wednesday after the White House announced lower metal tariffs on imported farm and industrial machinery. Deere stock popped further above a key technical level. In a proclamation on Monday, President Donald Trump moved to reduce tariffs on agricultural equipment, like combines and harvesters, from 25% to 15%.
Yardeni stated in a recent note that the stock market's surge to fresh record highs is being driven by strong corporate earnings rather than speculative enthusiasm.
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy’ rating and a $185 price target. The initiation comes one day after FedEx Freight was spun off from FedEx...

<body><p>STORY: Shares of Victoria's Secret soared about 50% to a record high and were set for their best day ever on Tuesday, after the lingerie retailer posted blockbuster quarterly earnings and raised its annual forecasts.</p><p>Revenue grew by double digits in the quarter across its brands, which include Pink, targeting younger women, and its line of beauty products, including perfumes and lotions.</p><p>As a result, Victoria's Secret boosted its annual net sales and operating income estimates.</p><p>The upbeat forecasts underscore CEO Hillary Super's efforts to stem several years of declining sales - and activist pressure - by reining in discounting and leaning back into its former "sexy" image.</p><p>:: Victoria's Secret</p><p>:: VSXY</p><p>:: Archive</p><p>Those efforts include reviving its popular runway show after a six-year hiatus and changing its ticker on the New York Stock Exchange from "VSCO" to "VSXY," saying that, quote, "sexy has always been part of our DNA."</p><p>Tuesday's earnings marked the fourth straight quarter of sales growth for Victoria's Secret, whose shares have nearly tripled in value over the past 12 months as of Monday's close.</p><p>About 19% of the company's shares are shorted, according to Ortex data, an elevated level that some analysts say could leave the stock exposed to a short squeeze.</p><p>The results also reinforced a bifurcation in U.S. consumer spending, with higher-income shoppers continuing to spend on discretionary items, while lower-income households pull back under persistent inflationary pressure and economic uncertainty.</p></body>
Beaten-down retail names trading under $15 are getting a second look from value-focused investors this spring, especially the ones quietly improving cash flow while the headlines stay grim. With the consumer split into a clear K-shape and an ultra-hawkish Federal Reserve regime under Kevin Warsh squeezing rate-sensitive sectors, institutional capital has largely left department stores ... Down 45% This Year: 1 High-Yield Turnaround Machine Under $15 to Buy Hand Over Fist
Rare earth stocks and copper plays are flashing buy signals or close to it amid multiple catalysts. MP Materials and USA Rare Earth are both near buy points, as is S&P 500 copper giant Freeport-McMoRan. The copper price has rallied near an all-time high as markets brace for potential Trump tariffs news, with demand already outpacing supply.
(Bloomberg) -- Victoria’s Secret & Co. shares soared after the company beat earnings estimates and boosted its outlook, adding to signs of progress for Chief Executive Officer Hillary Super’s turnaround plan.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for
(Bloomberg) -- A rapid rally in shares of Virgin Galactic Holdings Inc. has burned short sellers betting against the space tourism firm, according to data from S3 Partners.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedSh
(Bloomberg) -- US stocks may be vaulting from one record to the next, but Wall Street analysts covering them are in no rush to keep up. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedResearchers who follow individual comp
(Bloomberg) -- The White House said it will reduce tariffs on farm and construction equipment such as harvesters and forklifts, in an effort to boost investment in the industrial economy through next year.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in
The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) has done something this year that surprises a lot of holders. Despite the Federal Reserve cutting rates 75 basis points over the past 12 months to a 3.75% upper bound, TLT is down about 1% year to date and trades near $85. The long end of the ... Watch This One Number to Know If TLT Will Rally Over the Next 12 Months
Bitcoin and chip stocks have dramatically diverged over the past six months. Bitcoin traded at around $71,000 Monday, down more than 40% since its peak above $126,000 in early October. Meanwhile, the PHLX Semiconductor Index, stuffed with high-fliers like Nvidia, Intel and Micron, just posted its strongest performance through the first 100 trading days of any year on record.
Carvana (NYSE:CVNA) is back in the spotlight after a blowout quarter, an S&P 500 induction, and a CEO promising 3 million units at 13.5% adjusted EBITDA margins by the next decade. But the details beneath the headline deserve a closer look. The Hype Trade Is Already Cracking Carvana is the textbook crowded trade. The stock ... Carvana Is Out: This High-Yield Cash Cow Is the Ultimate Inflation-Beating Buy Right Now
IBM stock jumped in morning trading, adding oomph to a big rally that started with a $1 billion award from the federal government for quantum computing late last month. On Monday, analysts with Barclays initiated coverage of IBM stock with a buy rating. IBM stock climbed more than 8% to 323.74 in morning trades on the stock market today.
Wall Street heads into the first week of June riding a wave of record highs, but investors will have plenty to digest in the days ahead as fresh economic data, major technology earnings and ongoing developments in the Middle East compete for attention. The marquee event arrives Friday with...
Corporate resilience is defying economic headwinds.
The First Trust Global Tactical Commodity Strategy Fund offers diversified commodity access with active management and a notable yield.
The last time inflation was this high, the S&P 500 was in a bear market.
Core PCE, the Fed's preferred inflation gauge, which strips out energy and food, rose just 0.2% in April, under the 0.3% consensus.