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Lululemon Stock Target Cut by UBS as EPS Guidance Falls to $10.95–$11.15
Lululemon Stock is under strong pressure after a fresh wave of analyst revisions and weak forward guidance. UBS has cut its price target following a sharp downward revision in earnings expectations. The biggest concern for investors is simple. The company now expects full-year EPS between $10.95 and $11.15, down from earlier forecasts that were significantly…
RBA Governor Bullock Warns on Rates, Dismisses Recession Risk June 05
RBA Governor Michele Bullock expects modest growth despite Middle East conflict inflation pressures and rising oil prices.
Wall St Futures Mixed as Dow Rises 61 Points While Nasdaq 100 Drops 1.0% Ahead of Payrolls
Wall Street futures traded mixed on Friday as investors stayed cautious ahead of the crucial U.S. jobs data. The overall tone on Wall St was defensive, with investors balancing strong recent gains against rising uncertainty over interest rates. Dow Jones futures rose about 61 points, showing mild strength in industrial and value stocks. At the…
Gold Prices Head for Weekly Loss as Spot Gold Falls 0.2% to $4,465 Ahead of U.S. Payrolls
Gold prices moved lower on June 5, 2026, as investors waited for the latest U.S. nonfarm payrolls report for clues on future Federal Reserve interest rate decisions. Spot gold slipped 0.2%, extending weekly losses after a strong rally earlier this year. Rising Treasury yields and cautious market sentiment also pressured bullion prices. Traders across global…
Andrew Mountbatten-Windsor Sublet Cottages on Rent-Free Estate, June 05
NAO report shows Andrew Mountbatten-Windsor sublet Royal Lodge cottages for 20 years while paying peppercorn rent. King funds non-working…
Visa and Mastercard Halt Cuba Operations June 6 on US Sanctions
Visa and Mastercard suspended in Cuba from June 6 due to US sanctions on military-linked payment processor affecting tourists.
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…
Indigo Shares Fall Over 1% After Airline Suspends Hong Kong, Shanghai and 4 More Routes Till September
Indigo Shares fell over 1% after InterGlobe Aviation announced the suspension of several international routes, including Hong Kong, Shanghai, and four additional destinations, until September. The market reacted cautiously as investors assessed the impact of reduced international operations on near-term revenue and passenger growth. The airline stated that the decision is temporary and part of…
SpaceX IPO Prices at $135 Per Share, Targets Record $75 Billion Raise, June 05
SpaceX sets $135 IPO price for $75 billion raise, valuing the aerospace firm at $1.75 trillion with 30% retail allocation.