Lululemon Athletica (NASDAQ: LULU) is facing a big week, as the company is scheduled to issue its first-quarter earnings report after the closing bell on June 4. The report will be the first since the athleisure company settled a proxy fight with founder Chip Wilson, and the first since it announced it hired a new CEO who will take over in September. Lululemon has been dealing with sagging revenue...
Lululemon Athletica (NASDAQ: LULU) is facing a big week, as the company is scheduled to issue its first-quarter earnings report after the closing bell on June 4. The report will be the first since the athleisure company settled a proxy fight with founder Chip Wilson, and the first since it announced it hired a new CEO who will take over in September. Lululemon has been dealing with sagging revenue growth and shrinking margins, as the stock price has fallen more than 35% so far this year. Although the settlement with Wilson is a plus, analysts appear to be bracing for a weak report that could send shares down even further. Image source: The Motley Fool. Continue reading
JHVEPhoto/iStock Editorial via Getty Images Today's market, in my view, requires deft navigation. Investors are feeling plenty bullish amid the semiconductor boom and prospects for an Iran deal, but in my view we should be paying attention to incredibly strained valuation multiples - especially for the chip stocks that dominate the market’s gains. To me, this is a clear impetus for us to rotate in...
JHVEPhoto/iStock Editorial via Getty Images Today's market, in my view, requires deft navigation. Investors are feeling plenty bullish amid the semiconductor boom and prospects for an Iran deal, but in my view we should be paying attention to incredibly strained valuation multiples - especially for the chip stocks that dominate the market’s gains. To me, this is a clear impetus for us to rotate into the sectors that have fallen and present more value-oriented buying opportunities. The retail space, in particular, is rife with deals. We certainly acknowledge that a weakened consumer economy has hurt companies like The Gap, Inc. ( GAP ). But we also have to ask ourselves, after a ~15% slide this year and ~25% over the last twelve months to a single-digit P/E multiple, how much of these risks are already priced in? Data by YCharts I last wrote a buy article on Gap in April, when the stock was trading at $25 per share. Unfortunately, my buy call was ill-timed. I wasn’t anticipating Gap to deliver its less than desirable Q1 update, which featured a top-line miss as well as a cut to full-year expectations (on the top line; Gap actually boosted EPS expectations, which flattens its multiples further). That said, I think this is a cyclical statement that doesn’t entirely cancel out the fundamental reset Gap is striving for. Amid its even more deeply discounted valuations, I reiterate my buy rating here. I think it’s important for investors to take a step back and recognize the tough position Gap is trying to claw itself out of and the progress we can already see in its margin profile. Simply put, Gap is trying to wean itself off discounts, which is tough to do in a highly promotional retail environment. In the past, it was an almost everyday occurrence to walk into a Gap, Old Navy, or Banana Republic store and see a “40% off” sign plastered across all items in the store. Gap customers were effectively trained to not respect listed retail prices at all, knowing a discount was...
Joakim Leroy/E+ via Getty Images Israel's Defense Ministry accused France of unfairly targeting Israeli participation at this month's Eurosatory defense exhibition in Paris after French authorities imposed new limits on Israeli exhibitors and reportedly barred Israeli government representatives from attending. French officials confirmed that Israeli companies will be permitted to display only prod...
Joakim Leroy/E+ via Getty Images Israel's Defense Ministry accused France of unfairly targeting Israeli participation at this month's Eurosatory defense exhibition in Paris after French authorities imposed new limits on Israeli exhibitors and reportedly barred Israeli government representatives from attending. French officials confirmed that Israeli companies will be permitted to display only products related to air and missile defense systems at the event, which opens June 15. The French Defense Ministry did not provide a detailed explanation for the restrictions and did not comment publicly on reports that Israeli government officials would be excluded from the exhibition. An Israeli Defense Ministry spokesperson condemned the move, describing it as a politically motivated decision and accusing France of adopting a pattern of actions that have strained relations between the two countries. Tensions between Paris and Jerusalem have grown since late 2023 as French leaders increasingly criticized Israel's military campaigns in Gaza and Lebanon. Differences have also emerged following military action by Israel and the United States against Iran earlier this year. The relationship has been further tested by disagreements over the Palestinian issue. Israel's government, led by Prime Minister Benjamin Netanyahu, objected to French President Emmanuel Macron's decision last year to recognize a Palestinian state. The dispute comes ahead of one of the defense industry's largest annual gatherings. According to organizers, more than 2,600 exhibitors are expected to participate in this year's Eurosatory exhibition, which attracts military officials, defense contractors and government delegations from around the world. Dear Readers: We recognize that politics often intersect with the financial news of the day, so we invite you to click here to join the separate political discussion. More on Select STOXX Europe Aerospace & Defense ETF EUAD: My Favorite ETF Strategy On Top Of Europ...
Jim Shepherd, who oversaw Snap’s celebrity relations and editorial strategy, will now help with Meta’s artificial intelligence device push, per The Hollywood Reporter.
Jim Shepherd, who oversaw Snap’s celebrity relations and editorial strategy, will now help with Meta’s artificial intelligence device push, per The Hollywood Reporter.
Meta's AI support chatbot helped hackers hijack Instagram accounts, as reported earlier by 404 Media . In a video shared on Telegram , a hacker shows how they could take over an account by asking Meta's chatbot to switch the email associated with someone else's profile and then reset the password. The issue, which Meta says has since been patched, cropped up around the same time Barack Obama's Whi...
Meta's AI support chatbot helped hackers hijack Instagram accounts, as reported earlier by 404 Media . In a video shared on Telegram , a hacker shows how they could take over an account by asking Meta's chatbot to switch the email associated with someone else's profile and then reset the password. The issue, which Meta says has since been patched, cropped up around the same time Barack Obama's White House account on Instagram was hacked. On Sunday, users noticed that the @obamawhitehouse account began posting images containing Iranian propaganda. Hackers appeared to have hijacked the Instagram accounts belonging to the US Space Force Chief Ma … Read the full story at The Verge.
Big enterprise software companies saw a relief rally after Nvidia's Jensen Huang gave positive remarks on the future of software, and Salesforce made a splashy announcement in France.
Big enterprise software companies saw a relief rally after Nvidia's Jensen Huang gave positive remarks on the future of software, and Salesforce made a splashy announcement in France.
A screen of U.S. consumer discretionary stocks with market capitalizations above $10B highlights Ford Motor and Best Buy among the market's cheapest names based on valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both cu...
A screen of U.S. consumer discretionary stocks with market capitalizations above $10B highlights Ford Motor and Best Buy among the market's cheapest names based on valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively the stock is priced compared to its sector peers. Cheapest large-cap U.S. consumer discretionary stocks by valuation grade (B- or higher): Ford Motor Company ( F ): Valuation Grade B+ Best Buy Co. ( BBY ): Valuation Grade B Genuine Parts Company ( GPC ): Valuation Grade B- Other large-cap U.S. consumer discretionary stocks with relatively lower valuations (C+ to C-): Stocks with a C-range valuation grade may still screen lower relative to peers, but can indicate somewhat stretched valuations compared to higher-rated names. General Motors Company ( GM ): Valuation Grade C+ Lennar Corporation ( LEN ): Valuation Grade C+ MGM Resorts International ( MGM ): Valuation Grade C+ Penske Automotive Group ( PAG ): Valuation Grade C+ AutoZone ( AZO ): Valuation Grade C- NIKE ( NKE ): Valuation Grade C- Tractor Supply Company ( TSCO ): Valuation Grade C- More on Ford, Best Buy, etc. MGM: Better Vegas Trends Give The Stock Room To Run General Motors: The Most Attractive Risk-Reward In Large-Cap Autos Best Buy Co., Inc. (BBY) Q1 2027 Earnings Call Transcript UAW walks out at GM truck supplier plant MGM Resorts gains on report Barry Diller to make $18B bid
Corn futures are fading the crude oil rally to start the week, as contracts are down 4 to 5 ½ cents. The CmdtyView national average Cash Corn price is 2 3/4 cents to $4.05 3/4. USDA’s FGIS tallied corn export shipments at 1.728 MMT (68.03 mbu) during the week ending...
Corn futures are fading the crude oil rally to start the week, as contracts are down 4 to 5 ½ cents. The CmdtyView national average Cash Corn price is 2 3/4 cents to $4.05 3/4. USDA’s FGIS tallied corn export shipments at 1.728 MMT (68.03 mbu) during the week ending...