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LULU: Founder Blasts, Dismal Results — Can a CEO Shake-up Save the Core Leggings?
LULU: Founder backlash, weak prints — can a new CEO save the 'black leggings'?Lululemon Athletica posted its Q1 FY2026 results (ended Jun 2025) after the U.S. market close on Jun 5, 2026 Beijing time. $露露乐蒙.USAgainst management turmoil (an external CEO arrival), a product-cycle transition, and ongoi...Dolphin Research
Thu, Jun 4
Top Calls on Wall Street: Broadcom, CrowdStrike, Nvidia, Alphabet, Netflix, UnitedHealth, Oracle, and More
Here are Thursday’s biggest calls on Wall Street:Morgan Stanley reiterates Broadcom as overweightMorgan Stanley raised its price target on Broadcom to $502 per share from $485 following earnings.“Very strong results amid even higher expectations - but the growth trend remains very strong. PT up to $...Tiger News
Thu, Jun 4
Some Crypto Stocks Jump With Strive Up 6%; Circle, Bullish Up 5%; Strategy, SBET Up 3%
Some crypto stocks surged in market trading. Strive jumped 6%; Circle Internet Corp. and Bullish jumped 5%; SharpLink Gaming and Strategy jumped 3%; BitMine Immersion Technologies Inc., Robinhood jumped 2%; Coinbase Global, Inc., Figure Technology Solutions jumped 1%.Tiger News
Thu, Jun 4
Space Stocks Jump With Momentus Soars 22%; Redwire Up 14%; SPCE Up 10%; FJET Up 9%
Space stocks surged in market trading. Momentus Inc. soared 22%; Redwire Corp. jumped 14%; Virgin Galactic jumped 10%; Starfighters Space Inc jumped 9%; Destiny Tech100 Inc jumped 8%; Sidus Space Inc. jumped 7%; Fundrise Innovation Fund LLC jumped 6%; TELESAT CORP jumped 5%; Viasat,Firefly Aerospace...Tiger News
Thu, Jun 4
Dow Hits Record High as UnitedHealth Leads Broad-Based Gains
The Dow Jones Industrial Average surged about 1.5% in early trading to reach a fresh all-time high. Among its components, UnitedHealth Group jumped nearly 6%, Merck rose more than 4%, American Express gained 3.6%, Visa advanced 3.2%, while Boeing and Goldman Sachs each climbed over 2%.Tiger News
Thu, Jun 4
Optical Communication Stocks Pull Back With Ciena Down 18%; POET Down 8%; Lumentum, COHERENT, Corning Down 6%
Optical communication stocks pulled back in premarket trading. Ciena fell 18%; Fabrinet fell 9%; POET Technologies Inc fell 8%; COHERENT,Lumentum,Corning fell 6%; Applied Optoelectronics,Credo Technology Group Holding Ltd fell 4%; Semtech,Amphenol fell 3%.Tiger News
Thu, Jun 4
Newborn Town Cancels Over 5.17 Million Repurchased Shares, Cumulative Amount Exceeds HK$45 Million
[Hong Kong – 4June2026]Newborn Town Inc., a leading global social entertainment company(Newborn Town or the company, stock code: 09911.HK)is pleased toannouncedthat it has cancelled a total of 5,174,000 shares repurchased between 27 April and 29 May 2026, representing an aggregate repurchase consideration of approximately HK$45.32 million. Prior in March 2026, Newborn Town announced a share repurchase plan of approximately HK$300 million to be carried out over the next two years. According to the announcement, following this cancellation, the total number of issued shares will decrease from 1,413,208,391 to 1,408,034,391, and Newborn Town will no longer hold any treasury shares.The Board believes that the cancellation of the repurchased shares will enhance net asset value per share and earnings per share, which aligns with the overall interests of the Company and its shareholders. The Board will continue to review and, at its sole discretion, execute share repurchases from time to time. The Company’s continued execution of both share repurchases and share cancellations sends a clear signal of management’s confidence in Newborn Town’s long-term growth prospects, while also demonstrating its commitment to enhancing shareholder returns and improving capital efficiency.Since its inclusion in the Stock Connect in March this year, Newborn Town has seen a significant increase in trading activity, accompanied by growing participation from Southbound investors. Notably, the latest round of repurchases was conducted shortly after the release of the Company's first quarter operating update. On 22 April, Newborn Town announced its unaudited operating data for the first quarter of 2026. During the period, total revenue is expected to reach approximately RMB2,030 million to RMB2,130 million, representing a year-on-year increase of approximately 33.0% to 39.6%. Among this, revenue from social networking business increased by approximately 31.3% to 37.2% year-on-year, while revenue from innovative business surged by approximately 46.7% to 58.7%, primarily driven by the rapid expansion of its AI-powered short drama business.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional value worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO,YoHo,TopTop,SUGOandHeeSay,together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan,and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com04/06/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Thu, Jun 4
Nasdaq 100 Futures Drop Over 1% as Tech Stocks Dip
U.S. stock futures dropped. Nasdaq 100 futures fell 1.1%, S&P 500 futures fell 0.5%.Big tech stocks fell in premarket trading. Broadcom fell 13%; Micron fell 6%; Intel and AMD fell 4%; Oracle fell 3%; TSMC fell 2%; Tesla, Meta, and Nvidia fell about 1%. Other chip stocks also dropped in premarket ...Tiger News
Thu, Jun 4
Top 10 HK Stock Gainers (6.4)
Hang Seng Index has fell 1.48%, with a year-to-date fell 1.5%; Hang Seng TECH Index has fell 1.61%, with a year-to-date fell 9.8%.QUANTGROUP(02685) rose 111.26%, with a trading turnover 1.1 Billion HKD, and a year-to-date fell 11.9%.Shougang Lanza(02553) rose 62.58%, with a trading turnover 395.3 Mi...Longport
Thu, Jun 4
Top 5 HK Stock Gainers/Losers (>100B) (6.4)
Hang Seng Index has fell 1.48%, with a year-to-date fell 1.5%; Hang Seng TECH Index has fell 1.61%, with a year-to-date fell 9.8%.GIGADEVICE(03986) rose 6.87%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 387.8%.SINOTRUK(03808) rose 5.27%, with a trading turnover 816.8 Million HK...Longport
Thu, Jun 4
Top 10 HK Stock Losers (6.4)
Hang Seng Index has fell 1.48%, with a year-to-date fell 1.5%; Hang Seng TECH Index has fell 1.61%, with a year-to-date fell 9.8%.GOFINTECH QUANT(00290) fell 20.72%, with a trading turnover 173.2 Million HKD, and a year-to-date rose 49.1%.XIZHI TECH-P(01879) fell 19.56%, with a trading turnover 558....Longport
Thu, Jun 4
Chip Stocks Pull Back With Broadcom Down 12%; SOXL Down 9%; UMC Down 7%
Chip stocks pulled back in premarket trading. Broadcom fell 12%; Direxion Daily Semiconductors Bull 3x Shares fell 9%; United Microelectronics fell 7%; Wolfspeed Inc., STMicroelectronics NV,Navitas Semiconductor Corp fell 6%; SUPER MICRO COMPUTER INC,ARM Holdings,Marvell Technology fell 5%.Tiger News
Thu, Jun 4
HK Grey Market | LongBio Jumps 138%; Lung Fung Jumps 22%; Dajin Heavy Drops 5%;
LONGBIO-B jumped 138% in Hong Kong’s grey market trading. LONGBIO-B is a clinical-stage biopharmaceutical company headquartered in Shanghai and Changshu (Suzhou), China. Founded in 2020, it focuses on the discovery and development of biologic drugs for allergic and autoimmune diseases.LUNG FUNG GROU...Tiger News
Thu, Jun 4
Premarket Movers | Tilly's Soar 18%; Broadcom Down 11%; PVH, Netskope Down 20%
Tilly's jumps 18% in premarket trading. The retailer posted a 22.9% increase in Q1 same-store net sales, with its full-year guidance comfortably topping market estimates.C3.ai shares up 2% after the artificial intelligence software company surpassed Wall Street’s expectations with its fiscal fourth-...Tiger News
Thu, Jun 4
HK Movers | Xizhi Tech Slumps 10% After It Resumes Trading as It Does Not Recommend Final Dividend for Last Year
XIZHI TECH does not recommend the payment of a dividend for the year ended 31 December last year. Upon resumption of trading in the afternoon session, the stock once fell to a trough of HKD618. It is now trading at HKD636.5, down 10.10%.Tiger News
Thu, Jun 4
Crypto Daily | Bessent Pushes for Bitcoin Reserve; Lummis Clashes with Dimon Over Crypto Bill
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsTreasury Secretary Vows To Advance Strategic Bitcoin ReserveU.S. Treasury Secretary Scott Bessent indicated that the Trump administration is still pursuing a strate...Tiger News
Thu, Jun 4
SeaPRwire Taps Mainstream Media in Indonesia, Thailand, and Vietnam
Hong Kong - June 03, 2026 - (SeaPRwire) - Southeast Asia is becoming a new engine of global economic growth, with Indonesia, Thailand, and Vietnam acting as the most dazzling "vibrant troika" among them. To help global enterprises seize the dividends of the Southeast Asian market, renowned media service provider SeaPRwire (https://seaprwire.com) announced today that it has successfully and deeply tapped the local mainstream media ecosystems of Indonesia, Thailand, and Vietnam, building a PR green channel reaching hundreds of millions of consumers in Southeast Asia directly for overseas enterprises.Indonesia's demographic dividend, Thailand's consumer vitality, and Vietnam's rise in manufacturing and technology have made these three countries must-contend spots for all industries going overseas. However, the Southeast Asian region features diverse languages, scattered media forms, and vastly different religious and cultural backgrounds across countries, posing enormous challenges to the PR communication of foreign brands. SeaPRwire's localized expansion this time is precisely to solve this pain point.In Indonesia, SeaPRwire has strengthened cooperation with mainstream Indonesian-language portals in Jakarta and high-traffic social media matrices; in Thailand, the platform seamlessly interfaced with core Thai-language financial and fashion lifestyle media in Bangkok; and in Vietnam, it focused its layout on technology, venture capital, and digital media highly relied upon by the younger generation in Hanoi and Ho Chi Minh City. Through this refined localized media sinking, SeaPRwire ensures that enterprise information can be accurately and losslessly delivered to the most consumable local groups."To explore the Southeast Asian market, 'groundedness' is the primary factor," stated SeaPRwire's Southeast Asia marketing director. "We are not just translating English drafts into local languages; we are penetrating deep into the media ecosystem capillaries of Indonesia, Thailand, and Vietnam. We hope to use news storytelling that best fits local contexts to help enterprises establish a warm and trusted local brand image."About SeaPRwireSeaPRwire is Asia’s leading AI-driven earned media management platform, purpose-built to empower PR and communications professionals. Through its flagship Branding-Insight Program, the platform connects clients to over 80,000 journalists and an influencer matrix reaching 300 million followers. Leveraging advanced AI, SeaPRwire helps users identify media targets, personalize pitches, and measure PR impact across key APAC markets, including Japan, China, Korea, and Southeast Asia.Media ContactCompany: SeaPRwireContact: Media Relations TeamEmail: cs@seaprwire.comWebsite: https://seaprwire.com04/06/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Thu, Jun 4
HK Movers | Semiconductor Shares Jump. InnoScience, SICC up over 6%; GigaDevice up over 5%; Hua Hong Semi up 4%; Montage Tech up over 2%
Semiconductor shares jumped in Hong Kong market. InnoScience, SICC up over 6%; GigaDevice up over 5%; Hua Hong Semi up 4%; Montage Tech up over 2%.Tiger News
Thu, Jun 4
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