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Lululemon Stock Plummets 20% After Q1 Earnings Miss and Cut in Outlook

Lululemon Stock Plummets 20% After Q1 Earnings Miss and Cut in Outlook

by | Jun 6, 2025 | Market News, Products, Retail, Stock Market

Shares of Lululemon Athletica (NASDAQ: LULU) plunged 20% following the release of its first-quarter earnings report, which disappointed investors with weaker-than-expected comparable sales and a trimmed outlook for the remainder of the year. For Q1, the athletic...
DraftKings Shares Slide 6% as Illinois Approves Aggressive Sports Betting Tax Hike

DraftKings Shares Slide 6% as Illinois Approves Aggressive Sports Betting Tax Hike

by Leland Li | Jun 2, 2025 | Domestic, Entertainment, Sports

DraftKings Inc. (NASDAQ: DKNG) experienced a significant decline in its stock price on Monday, June 2, 2025, dropping approximately 6% before noon. This downturn followed the announcement of Illinois’ passage of its Fiscal Year 2026 budget, which includes a new...
Tesla Stock Tumbles After Court Blocks Elon Musk’s $56 Billion Pay Deal for the Second Time

Tesla Stock Tumbles After Court Blocks Elon Musk’s $56 Billion Pay Deal for the Second Time

by Elvis Guaman | Dec 3, 2024 | Automotive, Automotive, Investing News, Market News, Retail, Stock Market, Technology

Tesla’s stock (TSLA) faced a sharp decline on Tuesday afternoon following a significant legal setback for CEO Elon Musk. A Delaware court once again struck down Musk’s controversial $56 billion pay package, rejecting his appeal to revise a previous ruling. The...
Tesla’s Robotaxi Reveal: High Hopes, Low Confidence, and a Sharp Stock Drop

Tesla’s Robotaxi Reveal: High Hopes, Low Confidence, and a Sharp Stock Drop

by Suzeline Michel | Oct 11, 2024 | Automotive, Automotive, Cleantech, Investing News, Market News, Stock Market, Technology

Tesla, the electric vehicle (EV) maker known for its ambitious innovations, experienced a notable stock decline following the much-anticipated unveiling of its Cybercab robotaxi prototype. On Friday morning, shares were down approximately 8.6%, adding to a 6% dip...

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LATEST

How Artificial Intelligence Is Transforming Labor Markets, Productivity, and Industry Dynamics

by Leland Li | Jun 16, 2025

Artificial Intelligence (AI) is...

Trump Organization Unveils “Trump Mobile”

by Leland Li | Jun 16, 2025

The Trump Organization announced...

Uranium Energy Corp (UEC) Stock Surges Over 11% Following Record Uranium Production Report from Energy Fuels Inc.

by Disun Holloway | Jun 16, 2025

Uranium Energy Corp (NYSE American:...

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