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The new probe into retailers seems to build on the department’s antitrust investigation into meatpackers.
The commercial launch immediately became a test of whether Tesla's control-free vehicle satisfies existing safety standards.
Federal regulators opened an audit query Thursday into whether Tesla properly self-certified the Cybercab as compliant with federal safety standards
Meta’s $17 billion settlement with state attorneys general includes a long list of restrictions for teen users, but it won’t hold back its underlying business.
Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O'Neill will face when she takes over the top job next week. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That's down from June's annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share after reporting its first decline in comparable sales since the pandemic when they temporarily stopped reporting the measure. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.
(Updates with index/price moves, macroeconomic data and company news from the first paragraph.) U
Zscaler posted a clean earnings beat and still sent the whole cybersecurity sector into retreat, raising an uncomfortable question about whether even the strongest growth numbers can justify where these stocks are priced right now.
All three major US stock indexes were down on Friday after a strong August jobs report increased exp
Adobe named an internal successor days before a scheduled earnings report, and investors are not treating the timing as a coincidence. The question hanging over the stock is whether the new CEO can answer what the AI era actually means for the company's core business.
On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk's effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards. - Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain's shares.
The Department of Justice (DOJ) has extended the federal government’s scrutiny of rising beef prices to the retail level of the food supply chain. The retailers now under investigation include Kroger, Publix, Walmart Inc., Albertsons, Aldi, Ahold Delhaize, Costco Wholesale...
Tesla launched the Cybercab without asking a single regulator for permission, and now the federal government wants to know how that was even possible. The answer sits inside a legal gray zone that could decide the future of every driverless car on American roads.
Nonfarm payrolls grew 162,000 last month, far above the 53,000 economists expected, pushing fed funds futures traders to price in a 58% chance of a hike
Investing.com -- Gold mining and crypto-linked equities skidded Friday as a blowout U.S. jobs report dampened expectations for monetary easing, lifting implied odds of a Fed rate hike next week to 60% from 52%. The Labor Department reported nonfarm payrolls surged by 162,000 last month, dwarfing the consensus forecast of 55,000. While the resilient labor market signals economic strength, Fed funds futures swiftly repriced policy expectations. Traders now see a 60% probability of a rate hike at n
The transportation agency is reviewing the new robotaxi’s design and compliance with safety standards.
Lululemon just cut guidance for the second time this year and the stock cratered below $100, but at least one famous contrarian investor sees a generational buying opportunity in the wreckage while analysts warn the pain is far from over.
Stocks pulled back after the August jobs report came in strong. Dow Jones Industrial Average futures fell 0.2%, or 129 points, while S&P 500 futures slipped 0.2%. Tech stocks held onto modest gains with Nasdaq 100 futures up 0.
Tariff refunds of $134.5 million added $0.86 per share to the quarter
The investigation was launched just a few hours after Tesla put the first production Cybercabs on the road in Austin.
The athletic apparel retailer now expects full-year revenue to fall as much as 7%, down sharply from prior guidance
Tesla (TSLA) Cybercab is under investigation by the US National Highway Traffic Safety Administratio
(Updates with the latest stock price movement in the headline and the first paragraph.) Lululemon
Lululemon Athletica Inc. (NASDAQ:LULU) shares fell more than 17% in pre-market trading on Friday after the athletic apparel retailer lowered its fiscal 2026 guidance again, despite reporting second-quarter adjusted earnings above analyst expectations.
Zscaler (NASDAQ:ZS) shares fell 4. 2% in pre-market trading after the cloud cybersecurity company reported fiscal fourth-quarter 2026 results above analyst expectations but issued guidance indicating slower growth in fiscal 2027.
U.S. stock futures were little changed on Friday as investors remained cautious ahead of Friday’s closely watched U.S. jobs report, while comments from Federal Reserve Governor Christopher Waller helped ease some concerns over an imminent interest-rate hike.
Asian shares were mostly higher in early Friday trading, as regional market sentiment got a boost from the rally on Wall Street, mostly from big technology stocks. Japan's benchmark Nikkei 225 rose 0.6% in morning trading to 64,622.33. Hong Kong's Hang Seng jumped 2.1% to 25,751.26, while the Shanghai Composite added 0.8% to 3,973.27.
Lululemon stock fell 18% to an 8-year low after its third guidance cut in 2026, extending a year of turmoil.
The activewear retailer said it now expects annual sales to be $10.35 billion to $10.5 billion, down from its previous guidance of $11 billion to $11.15 billion.
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