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Investing.com --Investment bank Berenberg has downgraded cybersecurity leader CrowdStrike Holdings, Inc from Buy to Hold, arguing that the company's stock price already reflects much of its future growth potential despite strong business fundamentals.
The shift to AI is creating an uneven tech job market, driving major cuts even as overall hiring ticks up and in-demand skills evolve.
(Corrects day of the week to Friday from Thursday in paragraph 1) June 5 (Reuters) - The S&P 500 and the Nasdaq dropped at market open on Friday as chip stocks eased after a sharp rally, while a
Investing.com -- BTIG downgraded Lululemon Athletica to Neutral from Buy in a note on Friday, citing deteriorating sales trends, reduced earnings visibility, and uncertainty ahead of a leadership transition, analyst Janine Stichter said.
Five Below fell more than 13% after Q1 2026 earnings beat estimates, as cautious second-half guidance and tariff uncertainty overshadowed strong revenue and EPS results.
Tariffs and Americas weakness push full-year EPS guidance down
The athleisure company now expects revenue to decline as much as 1% for the year, down from prior guidance of 2% to 4% growth
South Korea's tech-heavy benchmark index closed 5.5% lower today. Yawn. It was only the sixth-worst day of 2026. The Kospi Composite is still up 94% this year, powered by a handful of AI-related stocks.
By Anna Szymanski June 5 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
Here's why higher interest rates could mean lower stock prices.
By Toby Sterling AMSTERDAM, June 5 (Reuters) - The CEO of top European tech firm ASML on Friday welcomed most proposals made by the EU Commission this week to improve Europe's tech sovereignty but
Bitcoin's slide is showing no signs of abating. The cryptocurrency is falling again this morning, touching a low of $61,343.67, before recovering slightly. That marked its lowest intraday level since early February.
Broadcom’s AI forecasts, which some considered soft, triggered a sell-off in AI-linked stocks.
The JPMorgan CEO is headlining the IPO roadshow.
A look at the day ahead in European and global markets from Tom Westbrook The drawdown in tech stocks that has followed a narrow earnings miss at U.S. chipmaker Broadcom deepened in Asia on Friday,
Wall Street is booming, but Goldman Sachs isn’t convinced that lower interest rates are around the corner. In an interview with CNBC, Goldman Sachs COO John Waldron reiterated the bank's view that the Federal Reserve could start cutting interest rates by the close of 2026. Put simply, Americans may ...
American businessman and social media personality Dave Portnoy is well-known for his honest takes on the crypto market and he doesn't hesitate to share his views even when he is sitting on a multimillion-dollar loss. The Barstool Sports founder posted a confessional video on X on June 4 in which he ...
US stock futures mostly fell in the wait for the release of the May jobs report.
Lulu on Thursday slashed both its full-year revenue and earnings guidance, though it excludes possible tariff refunds.
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. The May jobs report is on tap before Friday's open. The stock market saw the Dow Jones jump to a record high, aided by lower oil prices and Treasury yields.
Lululemon's new CEO has a windy road ahead.
The athleisure company now expects sales to be down to flat this year, compared with its prior forecast for growth.
Lululemon Athletica Inc (NASDAQ:LULU) shares fell about 10% in after-hours trading on Thursday after the athletic apparel retailer issued guidance pointing to a potential decline in sales, despite reporting first-quarter results that narrowly topped Wall Street expectations. The company...
Broadcom held the line on its AI guidance for its upcoming third quarter on Wednesday night, but the stock still fell 15% on Thursday morning. That counterintuitive outcome sits at the center of KeyBanc Capital Markets analyst John Vinh’s reaction on CNBC’s Squawk Box, where he defended his Overweight rating on Broadcom (NASDAQ:AVGO) while reiterating ... Wall Street Analyst: Broadcom’s Flat AI Guidance Justified the Selloff, but Nvidia Remains Best-in-Class Chip Play
June 4 (Reuters) - Lululemon Athletica cut its annual revenue and profit forecast on Thursday, as the athletic apparel maker grapples with waning brand appeal in the U.S. amid tough competition,
Texas Attorney General Ken Paxton has launched an investigation into Celsius Holdings to probe whether the company knowingly marketed energy drinks toward children and teenagers. The investigation will focus on the Alani Nu line of energy drinks, sold by a Celsius subsidiary and marketed with “colorful packaging, playful design elements, and youth-oriented branding strategies,” Paxton’s office said Thursday. Celsius Holdings didn’t immediately respond to a request for comment.
Bitcoin's decline, which began after the Oct. 10, 2025 flash crash, entered a more volatile phase this week after Strategy (Nasdaq: MSTR), the world's largest corporate holder of Bitcoin, revealed it sold Bitcoin last week for the first time in years. U.S. spot Bitcoin ETFs had already recorded net ...
Broadcom is erasing nearly $320 billion in market value — the third-worst for US public stocks.
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