Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.Shares of the apparel company fell over 6% in extended trading.Here’s how the company did compared with what Wall Street was expecting for the quarter ended Feb. 2, based on a survey of analysts by LSEG:Earnings per share: $6.14 vs. $5.85 expectedRevenue: $3.61 billion vs. $3.57 billion expectedFourth-quarter revenue rose from $3.21 billion during the same period in 2023. Full-year 2024 revenue came in at $10.59 billion, up from…
Author: usaeverydaylife
Nvidia has lost some of its luster as a market leader, but other big name stocks are now outperforming the semiconductor giant and could have further upside. Shares of Nvidia, the chipmaker that drove the market higher in 2023 and 2024, have struggled over the past three months, falling more than 8% in six months. Victoria Greene, the chief investment officer of G Squared Private Wealth, joined CNBC’s ” Power Lunch ” on Thursday to discuss three stocks she likes that have outperformed Nvidia over that same period. Walmart One stock that is in a recent slump, but still outperforming…
Tradeswomen with Kina McAfee (first row, bottom right)Chicago Women in TradesPresident Donald Trump’s executive orders restricting and repealing diversity, equity and inclusion policies bring a rash of uncertainties about what lies ahead for women and other minority groups in the workforce.These changes create a particularly fraught environment for women in skilled trades — occupations such as construction, welding and carpentry.Skilled trades offer competitive salaries and benefits, especially so for those without a college education, but they have some of the smallest shares of female workers among all occupations in the U.S., according to a government survey. The Institute for Women’s Policy Research, which…
If your last name is McLoughlin, a unique opportunity awaits you on a remote island in Ireland.The McLoughlin’s Bar, located on Achill Island, was first established in 1870. The same family has run the 155-year-old pub for four generations, and its current owner, Joseph “Josie” McLoughlin and his partner, Jackie, are officially retiring. Now they’re looking for another McLoughlin to takeover.”I have no one to leave the pub to, and I’d resigned myself to looking for a buyer outside the family and seeing my name being lost to history. That would just break my heart. The name McLoughlin is woven…
In this photo illustration, the Facebook logo is displayed on the screen of an iPhone in front of a Meta logo on October 28, 2021 in Paris, France.Chesnot | Getty ImagesMeta on Thursday debuted the Facebook Friends tab, a new feature that’s part of CEO Mark Zuckerberg’s pitch to revive the original spirit of his social networking app, or “OG Facebook” as he called it.”The new Friends tab is a throwback to OG Facebook when you only saw friends’ status updates,” Zuckerberg said in a post about the feature. “More OG Facebook coming soon “The Facebook Friends tab is designed…
BOSTON — Imagine how many times Doug and Christine Lane must have beamed with pride over the years as they watched their son Spencer slowly and steadily transform himself from an unsteady toddler to a talented teenaged figure skater. That’s what parents do, right? In good times and bad, they’re first in line with the cheers, the hugs, the words of encouragement.But when the 2025 World Figure Skating Championships were getting underway Wednesday at TD Garden, it was just the dad, Doug, standing under a spotlight and speaking words that were on a par with Spencer’s skating. Memorable. Forward-looking.It was…
Sam Altman, co-founder and CEO of OpenAI, speaks during the New York Times annual DealBook Summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024.Michael M. Santiago | Getty ImagesOpenAI CEO Sam Altman on Thursday announced that viral use of ChatGPT’s new image-generation AI, introduced earlier this week, is overloading the company’s servers.While it is “super fun seeing people love images” in ChatGPT, “our GPUs are melting,” Altman posted on social media site X on Thursday, adding that the company will temporarily limit the feature’s usage as it works to make it more efficient.The rate limits…
Investors looking for safety and income amid the market turbulence may want to turn to dividend stocks. Equities have had a rocky year so far as investors grapple with the impact of President Donald Trump’s tariffs and concerns about the economy. Stocks fell again on Thursday after the latest tariff-related news aimed at foreign automakers. While dividend stocks may help smooth the ride, not all are created equal. One preferred strategy from Wolfe Research focuses on so-called dividend aristocrats , which are companies that have boosted their payouts in each of the past 25 years. The stocks have historically performed…
The April 2 tariff deadline could be a disruptive, but not catastrophic, event for stocks, according to the options market. The S & P 500 may end next week up or down 2.5%, according to options expiring Friday, April 4, according to Michael Khouw, chief strategist at OpenInterest.Pro. A typical move for the broad market index is a move of less than 2% to end the week — possibly 1.9%, or less. But while a move of 2.5% or more in either direction would be above average, it certainly wouldn’t count as wild compared with history, Khouw said. That suggests…
US Representative Elise Stefanik, Republican from New York, testifies before the Senate Foreign Relations Committee on her nomination to be Ambassador to the United Nations, on Capitol Hill in Washington, DC, January 21, 2025. Saul Loeb | Afp | Getty ImagesPresident Donald Trump on Thursday withdrew his nomination of Rep. Elise Stefanik as U.S. ambassador to the United Nations.Trump cited the razor-thin majority that Republicans hold in the House of Representatives for his decision to pull Stefanik’s name from consideration by the Senate for the U.N. post.The vote of Stefanik, a New York Republican, since the beginning of Trump’s term in…
