Lululemon (LULU) earnings Q2 2024
Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. The company now expects full-year net revenue to be between $10.38 and $10.48 billion, down from a previous range of between $10.7 billion and […]
Ulta earnings Q2 2024
Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. It was the company’s first earnings per share miss since May 2020 and first revenue miss since December 2020. Comparable sales for […]
Nvidia is starting to look a lot like the next Apple
The iPhone enabled the app revolution. Nvidia is enabling the AI and robotics revolutions.
Stephen Curry signs $62.6 million extension with Warriors
Steph Curry Jonathan Bachman | Getty Images NBA superstar Stephen Curry has agreed to sign a one-year, $62.6 million extension with the Golden State Warriors, his agent confirmed to CNBC. The extension keeps Curry in a Warriors uniform through the 2026-2027 season, and will make him the first NBA player to make $60 million in […]
We’re heading for a $950 billion CD ‘maturity tsunami’ — what’s your next move?
Many 1-year CDs will come due right when interest rates are set to drop.
Shares halted after apparent early release
Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024. Nurphoto | Nurphoto | Getty Images Gap shares were halted Thursday morning after its quarterly earnings results were apparently released early. The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported […]
Birkenstock’s stock slides 12.6% after profit falls short of estimates
German sandal maker backed medium and long-term profit goals.
DraftKings agrees to buy in-game betting company Simplebet
DraftKings Inc. is looking to bolster its in-game betting technology, announcing a deal Wednesday to acquire Simplebet Inc.
Washington Commanders stadium naming goes to Northwest Federal Credit Union
Washington Commanders fans celebrate after NFL team owners unanimously approved Josh Harris’ purchase of the team from Daniel Snyder, at The Bullpen’s “Burgundy and Sold” party on July 20, 2023. Julia Nikhinson | The Washington Post | Getty Images The home of the Washington Commanders just got a new name. The team’s stadium will be […]
HP returns to growth, but stock falls as profit comes up short
The PC maker beat revenue expectations for its latest quarter, while coming up short on a profit metric.
