Stock Research

Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance, deepening investor concerns about the pace of its turnaround efforts. The stock dropped nearly 9% in early trading after the company projected flat to slightly lower revenue for the full year. The… Continue reading Lululemon tumbles after forecast cut; analysts see prolonged turnaround ahead

OpenAI has confirmed that it will comply with an executive order signed by US President Donald Trump that calls on artificial intelligence companies to allow the federal government to assess the capabilities of their AI models before they are released. Speaking to CNBC’s Arjun Kharpal, George Osborne, OpenAI’s head of countries, said the company would… Continue reading OpenAI commits to compliance with Trump’s AI review order

US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across semiconductor stocks. The Dow Jones Industrial Average was up 20 points while the S&P 500 fell about 0.6%, and the Nasdaq Composite dropped 1.07%. The market reaction followed fresh labor market data… Continue reading Dow slips as strong US jobs data sparks chip selloff, hits Nasdaq

The UK’s FTSE 100 rose on Friday, outperforming several global markets amid a broader risk-off sentiment, as investors found reassurance in fresh data indicating that inflationary pressures linked to the Middle East conflict may be less severe than previously feared. The blue-chip FTSE 100 index gained 0.45% by 12:48 pm GMT, while the mid-cap FTSE… Continue reading FTSE 100 rises as inflation concerns ease despite Middle East tensions

US stock index futures were mixed on Friday as a pullback in major chipmakers weighed on sentiment before the May employment report, a key test for investors trying to judge the Federal Reserve’s next move. Technology shares came under pressure after a strong rally, while traders also weighed inflation risks linked to higher energy prices… Continue reading Nasdaq futures plunge 300 points: 5 things to know before Wall Street opens

Micron stock (NASDAQ: MU) has delivered one of the most extraordinary rallies in semiconductor history, but Wall Street is becoming increasingly cautious about how much future growth is already reflected in the share price. The memory-chip maker has become one of the biggest winners of the artificial intelligence boom, with its shares up about 840%… Continue reading Micron stock surged 839% in a year, but analysts warn of cracks

India has announced a series of measures aimed at attracting higher dollar inflows as the rupee remains under pressure from rising crude oil prices and significant outflows from domestic equity markets. The steps, unveiled by the Reserve Bank of India (RBI), are designed to encourage foreign investment, support government borrowing programmes, and improve access to… Continue reading RBI announces measures to boost dollar inflows as rupee faces pressure

Hong Kong-listed financial stocks fell on Friday after reports of tighter scrutiny on mainland Chinese clients seeking to open offshore accounts raised concerns over cross-border money flows and fee income for the city’s banks and insurers. Shares of AIA Group, HSBC Holdings, Standard Chartered and Bank of East Asia declined at the open, following overnight… Continue reading Hong Kong financial stocks tumble as China tightens offshore checks

Asian equities fell on Friday as investors locked in gains from this year’s technology rally and shifted into more defensive positions ahead of the weekend, with Middle East tensions and stalled US-Iran talks adding to the cautious tone. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.6% in early trading. The selloff was sharpest… Continue reading Nikkei falls as Broadcom-triggered AI fears hammer Asian chip stocks