Lululemon Settles Proxy Battle With Founder Chip Wilson, Appoints Two Nominees
Lululemon ends its proxy battle with founder Chip Wilson by agreeing to appoint two of his board nominees.
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Dick’s Sporting Goods Misses Earnings Expectations Amid Costly Foot Locker Turnaround
Dick's Sporting Goods reported a Q1 earnings miss, impacted by Foot Locker acquisition costs. Revenue and comparable sales saw growth, leading to adjusted guidance.
Cohort Shares Soar Over 12% on Strong FY26 Financial Results Exceeding Analyst Expectations
Cohort shares jumped over 12% after the British defense technology group announced its fiscal year 2026 results.
Hong Kong Regulator Raids Chinese Brokerage Units Amid IPO Probe
Hong Kong's securities regulator has raided the local offices of CCB International and China Securities International, investigating suspected misconduct tied to share offerings amid...
SK Hynix and Micron Join $1 Trillion Valuation Club Amidst AI Demand Surge
SK Hynix and Micron have joined the $1 trillion valuation club.
AutoZone Stock Plummets Amid Concerns Over Growth and Supply Chain
AutoZone stock plunged over 10% on Tuesday, its worst day since March 2020, despite beating Wall Street's earnings expectations for the latest quarter.
American Airlines Selects SpaceX’s Starlink for In-Flight Wi-Fi on Over 500 Planes
American Airlines will install SpaceX's Starlink satellite internet on more than 500 Airbus A321neo planes, beginning early 2024.
UK Considers Social Media Ban for Under-16s as Consultation Closes
The UK government is moving towards implementing measures to restrict social media access for under-16s, following a public consultation.
Ferrari Unveils Luce, Its First All-Electric Five-Seater Model
Ferrari has unveiled the Luce, its first all-electric, five-seater car, developed over five years.
The Rise of the Custard Apple: A Hardy Fruit Thriving in Tough Conditions
The custard apple, a hardy fruit thriving in arid Indian regions, is seeing a resurgence thanks to farmer ingenuity and the development of new,...