Today’s setup is LULU (Lululemon) . On Sept. 4, the company beat EPS, but sharply cut full-year revenue guidance — triggering a classic knee-jerk selloff of nearly 22% in one day. After tagging a five-year low, the stock has been quietly basing and is starting to show signs of a recovery. For this trade, I’m consulting three technical indicators to build the case. RSI (Relative Strength Index) I’m starting with a classic technician’s tool: RSI. On LULU, RSI dipped into oversold territory on Sept. 5 and recently pushed back above the 30 level on Sept. 17. That transition out of…
Author: usaeverydaylife
U.S. President Donald Trump walks with Marine One in the background, as he departs for New York City to attend the 80th United Nations General Assembly, at Joint Base Andrews, Maryland, U.S., September 22, 2025. Al Drago | ReutersPresident Donald Trump on Tuesday appeared to cancel a planned meeting this week with the two top Democrats in Congress, just days before the federal government is set to shut down. “After reviewing the details of the unserious and ridiculous demands being made by the Minority Radical Left Democrats in return for their Votes to keep our thriving Country open, I have…
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia.ReutersABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action.Through a series of hurried negotiations, late-night calls and last-minute contract tweaks, the two giants of artificial intelligence struck a $100 billion partnership on Monday, hours before Altman boarded his flight to Abilene, a city of about 130,000 residents roughly 180 miles west of Dallas.It helped that Huang and Altman had been part of President Donald Trump’s state…
In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company’s website on May 13, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesMorgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant embraces what it called a transformative moment for the wealth management industry.The firm is working with the startup Zerohash — which Morgan Stanley also took an investment stake in — for liquidity, custody and settlement around crypto trading, according to a memo obtained by CNBC.”We are well…
Prediction markets are fueling Robinhood’s growth, with sports betting already bringing in roughly $200 million to the trading platform, according to Piper Sandler. The investment firm, which has an overweight rating on Robinhood, raised its price target on the exchange to $140 from $120, implying upside of 12%. “Prediction markets (aka event contracts) present significant upside opportunity for Robinhood,” analyst Patrick Moley said in the note to clients. Trading platform Kalshi, which embeds some of its event contracts into Robinhood, is on track to notch record monthly betting volumes in September, partially due to its roll out of NFL and…
The Chinese electric car manufacturer BYD presents its models at the Open Space Area during the IAA Mobility in Munich, Bavaria, Germany, on September 12, 2025. Eyeswideopen | Getty Images News | Getty ImagesBYD has a backup plan if it gets cut off from the Nvidia chips it currently uses in its cars, a top executive at the Chinese electric carmaker told CNBC on Tuesday.Stella Li, executive vice president at BYD, said the company had not received any directive from the Chinese government to stop using Nvidia chips — but if it did, it has a plan B.”Everybody has a…
An aerial view of the skyline from the Pirellone during the conference Disegniamo il futuro dell’abitare per costruire il domani della Lombardia on regional housing policies at Palazzo Pirelli in Milan, Italy, on January 20, 2025.Nurphoto | Nurphoto | Getty ImagesU.S. President Donald Trump’s revamp of the H-1B visa program has rekindled the scramble to hire top global talent, with some touting Europe’s work-life balance as a key competitive advantage.The Trump administration recently raised the H-1B visa application fee to $100,000, seeking to protect American jobs and prevent “abuse” of the program that it says has undermined economic and national security.The surprise…
Brookfield Corporation’s partnership with humanoid robot startup Figure AI could boost the value of its portfolio companies and give it a leg up in the artificial intelligence race, according to Wall Street analysts. Figure AI on Wednesday announced a strategic partnership with Brookfield — one of the world’s largest alternative investment management firms with over $1 trillion of assets — to develop what the companies said would be the world’s largest real-world humanoid pretraining dataset. The two companies will also work to facilitate the deployment of autonomous humanoid robots across several industries. Additionally, Brookfield invested in Figure AI’s latest funding…
Check out the companies making headlines before the bell: Firefly Aerospace — The aerospace company fell more than 10% after posting its first quarterly report since going public last month. Firefly saw a wider loss and lower revenue than expected for the second quarter. AutoZone — The automotive parts retailer fell 2% after its gross profits and earnings per share came in below Wall Street’s expectations for the fiscal fourth quarter , despite an increase in same-store sales during the same period. Kenvue — Shares bounced more than 4% in premarket trading, recouping some of its losses from the prior…
While close to 150 world leaders prepared to descend on Manhattan for the U.N. General Assembly, the U.S. Secret Service was quietly dismantling a massive hidden telecom network across the New York area — a system investigators say could have crippled cell towers, jammed 911 calls and flooded networks with chaos at the very moment the city was most vulnerable.The cache, made up of more than 300 SIM servers packed with over 100,000 SIM cards and clustered within 35 miles of the United Nations, represents one of the most sweeping communications threats uncovered on U.S. soil. Investigators warn the system…
