New Delhi cannot shield its people from the sticker shock anymore. And then the inflation floodgates open.
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It’s been easy to call a bottom in Lululemon Athletica in recent years–just keep waiting another day. The specialty athleticwear company, which had already dropped nearly 40% year to date alone before it reported fiscal first-quarter earnings after the bell Thursday, didn’t reward bargain hunters. The quarter itself was better than expected, but the full-year outlook was the culprit: Lululemon said it will earn between $10.95 and $11.15 a share on revenue that will be flat or down 1%, translating into $11 billion to $11.15 billion.
Planet Labs' $1.5 Billion Stock Sale Move Sends Shares Lower
The long-awaited SpaceX IPO next week positions the company at roughly $2 trillion in market value. On CNBC’s Morning Call Sheet on Friday, June 5, Adam Kobeissi, Editor in Chief of The Kobeissi Letter, strategist Matt Powers, and Senior Economist Jose Torres argued the deeper story is a rotation out of AI semiconductor leaders into ... SpaceX IPO Hype Is Hiding a Deeper Story. Investors Are Rotating Back Into Blue Chip Stocks.
The market is wrestling with Planet Labs' first-quarter earnings and an equity offering this week, but the company itself seems to be doing great.
Analysts remain bullish, but the stock's rally has raised expectations.
The operator of the S&P 500 says it has decided not to change its guidelines for when very large “MegaCap” companies are eligible for inclusion into its bevy of stock indexes. In its announcement Thursday, S&P Dow Jones Indices said its index committee weighed responses received from a “wide range of market participants,” but ultimately decided not to make any changes to its criteria for determining when a company should be added to the S&P 500, S&P MidCap 400, or S&P SmallCap 600 indexes. The committee also decided against creating exceptions to its guidelines solely based on market capitalization, or how the stock market gauges a company’s value.
SpaceX may appeal to investors seeking innovation and growth.
A few months ago, International Business Machines (IBM) looked like collateral damage in the artificial intelligence boom. Investors worried that the very technology powering the AI rally could quietly chip away at the businesses that have funded Big Blue for decades. That worry has faded fast, and ...
It's a true set-it-and-forget-it investment you can trust.
US equity indexes sank amid a slide in mega-cap chip names and government bonds, as strong jobs slas
Not all of Wall Street is buying Musk’s math.
Investors sold off stocks, bonds, bitcoin and gold Friday after a strong jobs report boosted odds the Federal Reserve might raise interest rates later this year to combat inflation and Wall Street wrestled with weakness in AI stocks.
The company's Network 2.0 initiative can now go into full swing.
Quantinuum’s IPO grabbed headlines, but its first trading day showed both excitement and caution. How can investors approach QNT stock after its Wall Street debut?
While theme park giants like Disney and Universal can withstand periodic drops in visitor numbers, a bad season can spell doom for a smaller theme park. After posting a loss of more than $1.2 billion at the end of 2025, Six Flags announced that it will be closing six "underperforming" locations in ...
Major stock indexes fell sharply after a strong jobs report set the stage for the Federal Reserve to hike rates.
Bitcoin, the largest cryptocurrency, briefly dipped below $60,000 before staging a slight recovery. The largest cryptocurrency traded as low as $59,775 around midday Friday, its lowest intraday level since October, 2024.
Highflying memory-chip stocks Micron and Sandisk tumbled on Friday after hitting record highs on Wednesday.
The SpaceX initial public offering is one of a kind; the investment opportunity is not. SpaceX’s IPO is arguably the biggest capital-markets event ever, and unique. SpaceX’s singularity will continue when it starts trading, with the company added to the just 15 trading days after the offering, requiring passive buying of 10% to 15% of the shares outstanding, and a massive amount of retail participation in the IPO.
AI server stocks put up eye-popping gains in May and early June, with Supermicro, Dell, and HPE seeing huge pops after their latest earnings.
Find insight on FedEx Freight, Volvo and more in the latest Market Talks covering Auto and Transport.
US equity indexes slumped amid a sell-off in mega-cap chip names and government bonds, as a strong j
Find insight on the won, Bank of China, Commerzbank, Reserve Bank of India and more in the latest Market Talks covering Financial Services.
Tech companies are no longer just cutting jobs. Many are reshaping themselves for the age of artificial intelligence. GitLab, one of the most popular web-based software platforms used by software engineers as a code repository, security, and code deployment, has now joined the growing list of ...
The May employment data landed with a thud for bond bulls, with implications for Treasury proxies like the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). May nonfarm payrolls rose 172,000, the best number since March, when the figure came in at 185,000, and well above expectations. CNBC’s Rick Santelli, reacting on Squawk Box, asked, “Is ... The Jobs Report Released Today Was Great. That’s Bad News for Bond Yields.
Quantinuum was supposed to be the quantum sector’s most anticipated public listing of the year. While Quantinuum posted a wider net loss and lower revenue for the first quarter, the phenomenon of growing losses and “lumpy” revenue—large infusions of income at inconsistent times—is observed by most players in the industry at some point in their life span.