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Lululemon (NASDAQ:LULU) Misses Q2 CY2026 Sales Expectations, Stock Drops 15.5%
StockStory9h agobearish
Lululemon (NASDAQ:LULU) Misses Q2 CY2026 Sales Expectations, Stock Drops 15.5%

Athletic apparel retailer Lululemon (NASDAQ:LULU) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 4.3% year on year to $2.42 billion. Next quarter’s revenue guidance of $2.31 billion underwhelmed, coming in 8.8% below analysts’ estimates. Its GAAP profit of $2.92 per share was 63.3% above analysts’ consensus estimates.

FedEx (FDX) Faces New Lawsuit Over Truck Crash Allegations
Simply Wall St.9h agobearish
FedEx (FDX) Faces New Lawsuit Over Truck Crash Allegations

FedEx (NYSE:FDX) is facing a new lawsuit after a major collision in which a company truck driver allegedly fell asleep at the wheel, causing catastrophic injuries to the plaintiff. The complaint claims serious operational failures in FedEx's driver oversight and safety practices that, according to the filing, contributed to the crash. The case raises questions around FedEx's risk management, potential legal liabilities and insurance exposure. For investors tracking how transport and...

Microsoft CEO Nadella Sells $43 Million of Stock
Barrons.com10h agobearish
Microsoft CEO Nadella Sells $43 Million of Stock

Microsoft CEO Satya Nadella sold over $43 million worth of company stock under a pre-arranged trading plan, marking his first sale of the year. A Form 4 filed with the Securities and Exchange Commission shows Nadella unloaded 86,525 shares across eight separate transactions on Sept. 1 at prices ranging from $497.69 to $505.76 each. The transactions were conducted under a 105b-1 trading plan, which is triggered when pre-determined conditions such as stock price or date are met.

Uber Technologies (UBER) Cuts 3,300 Jobs As Investors Reassess Its Valuation
Simply Wall St.11h agobearish
Uber Technologies (UBER) Cuts 3,300 Jobs As Investors Reassess Its Valuation

Uber Technologies (UBER) has just announced a restructuring that will cut about 3,300 jobs, or roughly 10% of its global workforce, as it trims management layers and consolidates teams. For investors, the restructuring headlines are landing against a mixed share price backdrop, with a 30 day share price return of 6.76% and a year to date share price decline of 7.74%, while total shareholder return is down 17.74% over one year but still up over three and five years. Recent gains around the...

How Far Can JOBY Stock Fall While Its Guidance Goes Up?
Trefis12h agobearish
How Far Can JOBY Stock Fall While Its Guidance Goes Up?

Joby Aviation (JOBY) trades near $6.82, after falling 49% over the past twelve months while the S&P 500 returned 20.5%. The company raised its full-year revenue outlook and the shares kept sliding. The market is repricing the bill that comes before the first paying passenger in one of its own aircraft.

Apple faces £2 bn lawsuit in UK over app privacy feature
AFP12h agobearish
Apple faces £2 bn lawsuit in UK over app privacy feature

Apple faces a £2 billion ($2.7 billion) lawsuit brought by UK app developers who accused Thursday the US tech giant of giving its own advertising services an unfair advantage by imposing tougher privacy rules on third parties.The claimants argue that the system was "designed and implemented unfairly and without proper consultation, imposing stricter requirements on third-party app developers than on its own services."

Has Eos Energy Enterprises (EOSE) Fallen Far Enough To Justify Its Premium?
Simply Wall St.13h agobearish
Has Eos Energy Enterprises (EOSE) Fallen Far Enough To Justify Its Premium?

Eos Energy Enterprises stock has delivered a steep 73.0% decline over the past five years, while current market multiples screen the shares as overvalued and the broader checks point to only a mixed picture on value. For investors looking at the recent news on new projects, manufacturing changes and leadership moves, the question is how much of that is already reflected in the current share price. The share price has fallen 73.0% over five years, which means many long term holders are...

Boston Scientific (BSX) Issues Multiple Worldwide Product Recalls
Simply Wall St.13h agobearish
Boston Scientific (BSX) Issues Multiple Worldwide Product Recalls

Boston Scientific (NYSE: BSX) has initiated multiple worldwide product recalls, including a Class I recall of its ENROUTE Transcarotid Neuroprotection System due to risks of arterial sheath tip separation. The company has also begun Class II recalls of certain OverStitch Suture Cinch endoscopic devices, citing deployment and suture cutting failures. These recalls affect widely distributed products and introduce added operational, regulatory and reputational pressures for Boston Scientific in...

Costco (COST) Drawn Into Expanded DOJ Beef Pricing Antitrust Probe
Simply Wall St.13h agobearish
Costco (COST) Drawn Into Expanded DOJ Beef Pricing Antitrust Probe

Costco Wholesale (NasdaqGS:COST) has been asked by the US Department of Justice for detailed records as part of an expanded antitrust investigation into beef pricing. The broadened probe now covers major food retailers, with authorities seeking information on pricing practices and supply chain arrangements for beef products. The inquiry raises potential regulatory and operational questions for Costco as a key buyer and seller of beef in the US grocery market. Consider reviewing other...