Lululemon Athletica Inc. (ticker: LULU) surged 13 percent higher on Friday, a day after the company reported strong first-quarter earnings and announced that it expects to continue its business momentum throughout the remainder of the year.
Gaming revenue in the world’s largest gambling hub rose 23.7 percent year-over-year in May, according to the latest report from the Macau Gaming and Coordination Bureau. The May revenue number handily beat industry analysts’ expectation of 16.5 percent growth and sent the stocks of Macau casino operators soaring.
Dollar General Corp. (ticker: DG) continued the strong quarter for U.S. discount retail stores by reporting modest earnings and revenue beats on Thursday morning. The stock jumped more than 4.5 percent in early trading.
Tesla Inc (ticker: TSLA) CEO Elon Musk’s tenure on President Donald Trump’s advisory council may be short-lived. Roughly five months into Trump’s term, Musk is threatening to resign from his position on the advisory council if the president follows through with his pledge to withdraw the U.S. from the Paris climate accords.
Airline stocks have experienced some turbulence this week as investors try to figure out whether or not the Department of Homeland Security intends to expand its ban on laptops to international flights from Europe.
The Apple Inc. (ticker: AAPL) 2017 Worldwide Developers Conference kicks off on June 5, and investors will be looking for any hints about possible iPhone 8 features.
Tuesday is a big day for Netflix, Inc. (ticker: NFLX) investors and “House of Cards” fans. The fifth season of the Golden Globe Award-winning series was released today as Netflix continues to pour money into developing original content.
First-quarter struggles from most large U.S. retailers underscore the ongoing shift in the retail business toward a more technology-driven model. Amazon.com (ticker: AMZN) and other e-commerce retailers will certainly play a major part in the future of retail, but even brick-and-mortar stores may be in for a major overhaul in the coming years.
Forbes recently released its annual list of the five wealthiest hip-hop moguls in the world. Some familiar names topped this year’s list, with Sean “Diddy” Combs taking the top spot with a net worth of $820 million.
The auto industry has been suffering from a pricing decline so far in 2017, but slumping prices are not the only issue weighing down the industry in 2017. Credit deterioration and regulatory investigations into the use of GPS systems and kill switches are also issues that could impact auto lending through the balance of the…