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Lululemon shares tumble as yogawear firm warns tariffs will crimp profit
June 6 (Reuters) - Lululemon Athletica's LULU.O shares fell 21% in premarket trading on Friday, as the maker of high-end leggings warned that tariff-related costs and uneven demand in key markets of North America and China will dent its profits this year.The Canadian firm, whose Align yoga pants...
Reuters
Fri, Jun 6
Vera Therapeutics falls after kidney drug data from rival Otsuka
** Shares of drug developer Vera Therapeutics VERA.O fall 33.1% to $20.50 premarket ** Rival Otsuka's 4578.T experimental drug for a type of kidney disease showed over 50% reduction in protein in patient's urine in a late-stage trial, co says ** VERA's shares surged 60% on Monday after i...
Reuters
Fri, Jun 6
Could BigBear.ai Stock Turn a $25,000 Investment Into $1 Million?
Many investors see a lot of potential in BigBear.ai (NYSE: BBAI). The data analytics company is sometimes compared to Palantir Technologies (NASDAQ: PLTR) in that it can serve many industries, has secured government contracts, and is utilizing artificial intelligence (AI) to expand upon its opportun...
The Motley Fool
Fri, Jun 6
Rocket Lab Stock Is Soaring Again: Should You Buy It Under $30?
Space is the final frontier, and it is now turning into a burgeoning economy. Researchers estimate that the space economy is worth over $500 billion with heavy spending from governments around the world along with private-company partners, and that figure is expected to grow to around $1.8 trillion ...
The Motley Fool
Fri, Jun 6
Jefferies raises Corteva PT on increasing global acreage
** Jefferies raises price target on U.S.-based agrichemicals company Corteva CTVA.N to $92 from $80; maintains "buy" rating** New PT is 27.5% upside to stock's last close** Brokerage says Corteva's leverage to increasing global acreage is a contrast to the concerns petrochemicals fac...
Reuters
Fri, Jun 6
US STOCKS-Wall Street futures edge up ahead of jobs data; Tesla rebounds
Futures up: Dow 0.35%, S&P 500 0.44%, Nasdaq 0.46% June 6 (Reuters) - U.S. stock index futures edged up on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.Shares of the electric ...
Reuters
Fri, Jun 6
DocuSign slumps after lowering FY26 billings outlook
** Shares of virtual document signing platform DocuSign DOCU.O slump almost 18% premarket to $76.32 after lowering FY26 billings outlook, Q1 billings miss** Co lowers FY 2026 billings forecast to between $3.29 bln and $3.34 bln from prior $3.30 bln to $3.35 bln ** Co's Q1 billings of $739.6 ...
Reuters
Fri, Jun 6
The Smartest Growth Stock to Buy With $10 Right Now
Buying and holding onto solid companies with disruptive potential can be a winning, long-term strategy for investors. Their potential to grow at a faster pace than their peers sets the stage for impressive stock market gains.SoundHound AI (NASDAQ: SOUN) is one such company. Its artificial intelligen...
The Motley Fool
Fri, Jun 6
Stablecoin firm Circle extends momentum after near 170% jump in NYSE debut
** Stablecoin firm Circle Internet's CRCL.N shares jump 13.9% to $94.81 premarket in their second day of trading** Stock closed up 168.5% at $83.23 in their NYSE debut on Thursday after jumping as high as $103.75** CRCL commands a $21.64 billion valuation on a fully diluted basis, as of last clo...
Reuters
Fri, Jun 6
Tesla's $380 billion wipeout marks biggest 2025 loss among top companies
June 6 (Reuters) - Tesla is the worst-performing large-cap stock this year, thanks to declining electric vehicle demand, Chief Executive Elon Musk's political controversies over his ties to far-right groups, and now, his public feud with President Donald Trump.Tesla shares slumped on Thursday, a...
Reuters
Fri, Jun 6
J.P.Morgan raises Oshkosh price target, 2025 EPS
** J.P. Morgan raises machinery manufacturer Oshkosh Corp OSK.N price target to $106 from $92, a downside of 3.3% to the stock's last close** Reiterates 'neutral' rating ** Says outlook for defense and vocational segment remains favorable over the near term ** However, J.P. Morgan says O...
Reuters
Fri, Jun 6
3 of the Cheapest Artificial Intelligence Stocks to Buy Right Now
Want to add some promising artificial intelligence (AI) stocks to your portfolio, without paying an obscene price? While many stocks are trading at inflated valuations, there are still many good options out there to consider, which can deliver strong returns for your portfolio.Three AI stocks that p...
The Motley Fool
Fri, Jun 6
Will Warren Buffett's Replacement Reward Shareholders With Dividends?
Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) annual meeting is watched closely by Wall Street. Normally that's because investors want to see if Chief Executive Officer Warren Buffett shares any investment wisdom that they can use.This year, however, the annual meeting included the shock announcem...
The Motley Fool
Fri, Jun 6
Energy Transfer's Growth Prospects Continue to Get Brighter
Energy Transfer (NYSE: ET) is known more for its lucrative cash distributions. The master limited partnership (MLP) currently yields around 7.5%. That's several times higher than the S&P 500, which has a dividend yield of less than 1.5%. While income is a key draw of this MLP, it also has a compelli...
The Motley Fool
Fri, Jun 6
CORRECTED-Tesla short sellers pocket about $4 billion in profits after Musk-Trump spat
June 6 (Reuters) - Traders raked in $4 billion in profit from their short positions in Tesla shares TSLA.O on Thursday after a public feud between President Donald Trump and CEO Elon Musk drove the biggest single-day drop in market value. The gains from betting against the EV maker were the second ...
Reuters
Fri, Jun 6
Relocating for Retirement? These States Have Lower Costs of Living.
If you're planning to retire within the next decade or so, you're likely examining your retirement plan and thinking about how well you've saved and invested. (It's possible to save $1 million even if you don't earn a six-figure salary.)If you find that you're way behind and haven't saved nearly eno...
The Motley Fool
Fri, Jun 6
Wall St Week Ahead-US stocks edge toward records with inflation data, policy progress in focus
NEW YORK, June 6 (Reuters) - The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near term.
Reuters
Fri, Jun 6
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...
Reuters
Fri, Jun 6
DIARY-Europe's STOXX 600 corporate earnings week ahead
June 6 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start DateStart Time (GMT)RICCompany NameEvent Name10-Jun-2025BMOSAFE.LSafestore Holdings PLCHalf Year 2025 Safestore Holdings PLC Earnings Release11-Jun-2025BMOITX.MCI...
Reuters
Fri, Jun 6
Mixue Tumbles 11% in 2 Days, Wipes Off HK$30bn; UBS, BofA Downgrade
TradingKey - MIXUE Group's stock, after an impressive surge, has finally faced a reality check.
TradingKey
Fri, Jun 6
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