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Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street
Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street
Lululemon tumbled in New York premarket trading as its multi-year bear market deepened, with shares on track to revisit levels last seen since 2018 after a guidance cut.
The struggling athleticwear company now expects full-year revenue of $11 billion to $11.15 billion, below the Bloomberg Consensus estimate of $11.49 billion, while its second-quarter sales and profit forecasts also missed the mark.
Full Year Forecast (courtesy of Bloomberg):
Sees net revenue $11 billion to $11.15 billion, saw $11.35 billion to $11.5 billion, estimates...
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Apr 9, 2026 / Tyler Durden
Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War)
Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War)
The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% MoM in February (pre-war), in line with expectations, with YoY rising 3.0% (as expected - lowest since Dec), down from January's +3.1%...
Source: Bloomberg
The YoY Core decline is coming off January's highest level since March 2024, with Services cost inflation slowing notably...
The headline PCE also rose 0.4% MoM (as...
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Oct 25, 2026 / Tyler Durden
Democrats Retreat From House Races They Hoped To Flip
Democrats Retreat From House Races They Hoped To Flip
History favors the party out of power in a midterm, but one problem has dogged the Democratic Party for months, and it's now undermining their plans to win as many seats as possible: money.
House Minority Leader Hakeem Jeffries (D-NY)House Majority PAC, the main super PAC supporting House Democrats, has begun pulling advertising money from several Republican-leaning districts where the party has not gained ground, according to a report from Axios. Both HMP and the Democratic Congressional Campaign Committee (DCCC) have struggled...
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May 13, 2026 / Alastair Crooke
‘Ways of War’ are in Metamorphosis: Lessons from the Iran War
Although the Iran war largely has been viewed through the lens of conventional western warfare, its lessons are anything but conventional. They are in fact insurrectionary. The post-war western approach (especially in the Cold War context) relied on the ability to outspend any military adversary through the acquisition of high-end, over-engineered and costly manned aircraft and munitions. […]
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