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Lululemon Athletica’s Stock Falls After Quarterly Sales, Guidance Miss
Barrons.com22d agobearish
Lululemon Athletica’s Stock Falls After Quarterly Sales, Guidance Miss

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.

Investing.com22d agobearish
Lululemon tumbles 15% on weak guidance despite Q2 earnings beat

Investing.com -- Lululemon Athletica Inc. (NASDAQ:LULU) reported second-quarter results that topped earnings expectations but missed on revenue, while issuing guidance that fell drastically short of Wall Street estimates, sending shares tumbling 15%.

Lululemon tumbles 14% following Q2 earnings
Yahoo Finance Video22d agobearishVIDEO
Lululemon tumbles 14% following Q2 earnings

Yahoo Finance Senior Business Reporter Brooke DiPalma joins Market Domination Overtime to unpack Lululemon's (LULU) Q2 results as the company slashes its outlook, citing "challenging dynamics."

FedEx (FDX) Faces New Lawsuit Over Truck Crash Allegations
Simply Wall St.22d 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...

Stocks Jump on Fed Optimism, But Jobs Report Could Undo It All
Barrons.com22d agobullish
Stocks Jump on Fed Optimism, But Jobs Report Could Undo It All

Dovish signals from one Federal Reserve official sent stocks surging just ahead of the August jobs report. The Nasdaq Composite rose 1.4%. The catalyst behind the move higher was Fed governor Christopher Waller saying he's open to holding rates steady, shifting the odds of a September hike lower.

Blackstone’s Giant Private Credit Fund Faces More Redemptions
The Wall Street Journal22d agoneutral
Blackstone’s Giant Private Credit Fund Faces More Redemptions

Retail investors in Blackstone’s flagship private-credit fund continue to head for the exits. Blackstone Private Credit Fund, the largest private-credit fund pitched at individual investors, received redemption requests totaling $4.3 billion in its latest quarter, accounting for about 10% of shares outstanding. It experienced another quarter of net outflows, losing about 3% of its net asset value.

Why Is Bitcoin Up Today?
Motley Fool22d agoneutral
Why Is Bitcoin Up Today?

A Federal Reserve governor signaled that interest rates may stay where they are, helping Bitcoin recover from its slide earlier in the week.