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Bloomberg83d agoneutral
SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P

(Bloomberg) -- S&P Dow Jones Indices will keep its existing eligibility requirements for main benchmarks like the S&P 500 Index, rejecting proposals that would have made it faster for mega-cap companies such as Elon Musk’s SpaceX to gain rapid entry into the benchmark after going public.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Beg

Bloomberg83d agoneutral
Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030

(Bloomberg) -- Research analysts across Wall Street are telling would-be SpaceX IPO buyers that they’re modeling for the company’s artificial intelligence division to see 100 times revenue growth at the end of the decade, to help justify a targeted $1.8 trillion valuation.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Begins Rebuilding

Investing.com83d agoneutral
S&P DJI holds firm on index rules despite megacap IPO anticipation

Investing.com -- S&P Dow Jones Indices has concluded its market consultation regarding potential methodology adjustments for megacap companies across its major U.S. benchmarks. Following an extensive review of feedback from market participants, the index provider announced that its existing criteria will remain fully intact for its main equity suites, despite a historic wave of highly anticipated IPOs for private giants valued in the multi-hundred-billion to trillion-dollar range. The decision e

Morgan Stanley makes bold new call on Micron stock
TheStreet83d agoneutral
Morgan Stanley makes bold new call on Micron stock

Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...

Zumiez Q1 Earnings Call Highlights
MarketBeat83d agoneutral
Zumiez Q1 Earnings Call Highlights

Zumiez (NASDAQ:ZUMZ) reported higher first-quarter sales and improved margins for fiscal 2026, but executives said consumer discretionary spending pressure intensified late in the quarter and continued into May, prompting a cautious outlook for the second quarter. Chief Executive Officer Rick Brook

lululemon athletica Q1 Earnings Call Highlights
MarketBeat83d agoneutral
lululemon athletica Q1 Earnings Call Highlights

lululemon athletica (NASDAQ:LULU) reported modest first-quarter revenue growth but lowered its fiscal 2026 outlook, citing softer recent sales trends, negative media and social commentary around the brand, and product launches that did not meet expectations. Meghan Frank, interim co-CEO and chief f

Lululemon (LULU) Q1 2026 Earnings Transcript
Motley Fool83d agoneutral
Lululemon (LULU) Q1 2026 Earnings Transcript

Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward looking statements reflecting management's current forecast of certain aspects of Lululemon's future. As well as to Laura Gentile, and Mark Maurer, who will join the board following our annual meeting later this month.

📈 Earnings Snippet: Tough Times at Lululemon
The Wall Street Journal83d agoneutral
📈 Earnings Snippet: Tough Times at Lululemon

Lululemon lowered its outlook today, saying that it expects sales to be flat or slightly down this year. The athleisure company expects net revenue to fall as much as 1% for the full year, compared with its previous forecast for growth of 2% to 4%.

Lululemon Issues Weaker Outlook. What It Means for the Stock.
Barrons.com83d agoneutral
Lululemon Issues Weaker Outlook. What It Means for the Stock.

Lululemon Athletica reported better-than-expected first-quarter results but a weaker outlook for the second quarter and the full year, sending its shares lower in after-hours trading. Shares of Lululemon were down more than 10% after closing down 0.9% at $124.92 in regular trading. The specialty athleticwear, footwear, and accessories company said sales for the fiscal quarter ended May 3 rose 4% to $2.5 billion, above the $2.43 billion Wall Street was estimating.

This Chip Stock Made a Comeback After Broadcom Earnings
The Wall Street Journal83d agoneutral
This Chip Stock Made a Comeback After Broadcom Earnings

Most chip stocks stayed lower today after Broadcom's guidance sparked a slump in the industry, but Marvell Technology wasn't one of them. The company, which recently got a high-profile endorsement from Nvidia CEO Jensen Huang, saw its shares bounce back Thursday to finish 4.

Walmart warns higher prices may be on the way
TheStreet84d agoneutral
Walmart warns higher prices may be on the way

Walmart has long been a go-to destination for consumers looking to stretch their budgets during periods of economic uncertainty. For decades, shoppers have turned to Walmart for affordable groceries, household goods, and basic essentials when they needed to make every dollar count. That role has ...

Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks
The Wall Street Journal84d agoneutral
Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks

Healthcare and financial stocks helped propel the Dow Jones Industrial Average to a fresh record Thursday, while tech stocks lagged behind after investors were rattled by Broadcom’s latest financial guidance. Shares in UnitedHealth Group a Dow component, rose 5.2% after Bank of America upgraded the stock. Financial stocks in the Dow including Goldman Sachs JPMorgan and American Express saw gains of 3.3% or higher.

Bitcoin Has Longest Losing Streak Since August in Bruising Week
Bloomberg84d agoneutral
Bitcoin Has Longest Losing Streak Since August in Bruising Week

(Bloomberg) -- Bitcoin posted its longest losing streak since August, weighed down by liquidations of bullish bets and this week’s rare sale of tokens by the dominant corporate buyer. Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapBroadcom Slides by Most in More Than a Year on AI Out

Liftoff Mobile IPO: Why investors are comparing it to AppLovin
Yahoo Finance Video84d agoneutralVIDEO
Liftoff Mobile IPO: Why investors are comparing it to AppLovin

Liftoff Mobile (LFTO) debuted on the Nasdaq Composite (^IXIC) on Thursday, raising $437 million and pricing the initial public offering (IPO) at $23 per share. Liftoff CEO Jeremy Bondy joins Yahoo Finance to explain why the IPO was delayed, discuss Liftoff's AI engine "Cortex," and to outline the differences between Liftoff and AppLovin (APP).

Jim Cramer has blunt response to Bitcoin 'murder'
TheStreet84d agoneutral
Jim Cramer has blunt response to Bitcoin 'murder'

Bitcoin (BTC) was trading only slightly below $74,000 on June 1 before Michael Saylor's leading BTC treasury company Strategy (Nasdaq: MSTR) announced the sale of 32 BTC once the trading opened Monday. Following the announcement, Bitcoin began to crash violently and was currently trading below ...

Associated Press84d agoneutral
How major US stock indexes fared Thursday 6/4/2026

Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. The Dow Jones Industrial Average soared 1.7% to a record, and the Nasdaq composite slipped 0.1%. The Nasdaq composite fell 23.02 points, or 0.1%, to 26,830.96.

Lululemon stock sinks on Q1 earnings, trims full-year guidance
Yahoo Finance Video84d agoneutralVIDEO
Lululemon stock sinks on Q1 earnings, trims full-year guidance

Lululemon Athletica (LULU) came out with first quarter results on Thursday, its earnings coming in line with forecasts ($1.69 per share) while edging past Wall Street's revenue expectations ($2.47 billion vs. estimates of $2.44 billion). The stock is dropping in extended hours trading. Yahoo Finance Senior Reporter Brooke DiPalma dives into the earnings release and the athleisure brand's guidance figures.