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Why Lululemon Stock Is Falling Today: Earnings Outlook Cut Hits LULU Shares at $124.92, Pre-Market $108.72 (-12.97%)
Lululemon stock is under heavy pressure after the company reduced its earnings outlook, triggering a sharp pre-market decline of nearly 13%. Shares, which last closed at $124.92, dropped to around $108.72 in pre-market trading, reflecting strong investor reaction to weaker forward guidance. The sell-off highlights growing concerns about slowing demand in the premium athletic apparel…
Trump AI Executive Order: Voluntary Framework, No Licensing Required, June 05
Trump’s June 2 AI executive order establishes voluntary pre-release framework for frontier models and strengthens federal cybersecurity.
BHEL Shares Jump 3% After Company Secures ₹21,000 Crore Order; Key Details for Investors
BHEL Shares saw strong buying interest in recent trading sessions after Bharat Heavy Electricals Limited (Bharat Heavy Electricals Limited) announced a massive order win worth around ₹21,000 crore. The stock reacted quickly and jumped nearly 3%, showing renewed investor confidence in the PSU engineering giant. We from the market desk note that large order wins…
Hong Kong Tightens Illicit Cigarette Laws After 52.8M Seizure, June 05
Hong Kong Customs seized 52.8 million illicit cigarettes worth HK$238 million. Government proposes tougher penalties for smuggling.
Wesfarmers Merges Blackwoods and Workwear Into Bunnings, June 05
Wesfarmers merges Blackwoods and Workwear Group into Bunnings from July 1. The move combines Australia’s largest industrial distributor with major…
Prabowo Fires Nutrition Chief Over Corruption Probe, June 05
Prabowo fires nutrition agency chief Dadan Hindayana over corruption allegations in free meals programme. Three officials arrested on graft charges.
Goldman Sachs Launches Tokenized Real Estate Fund, June 04
Goldman Sachs launches tokenized real estate fund via blockchain platform GS DAP with Apex Group and Archax for institutional investors.
Five Eyes Warn China Uses Fake Jobs to Spy on Canada, June 04
Five Eyes alliance warns China uses fake recruiters on LinkedIn and job sites to target government, military, and academic personnel with access to…
Newport Coast CEO Arrested for Smuggling U.S. Tech to Iran, June 04
Jamshid Ghomi arrested for illegally supplying U.S. computer equipment to Iran’s military and nuclear programs. Faces 20 years in prison.