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Economy
Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales
A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its full-year guidance Thursday after reporting an…
Broadcom’s post-earnings pullback doesn’t shift the fundamentals. It’s a buying opportunity
Semiconductor firm Broadcom (AVGO) reported better-than-expected fiscal third-quarter results Thursday, even as the stock came under pressure due to a miss on cash flow and in-line…
The huge rally in Salesforce’s stock isn’t over: Here’s how high we see it going
With Salesforce (CRM) shares up a whopping 68% this year, including a 3% pop Thursday after another terrific earnings report, it may seem the right time to take profits. But we…
Buy now, pay later firm Klarna cuts losses in first half but fails to post profit
Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability.The company…
Shopify stock pops after company strikes ‘Buy with Prime’ deal with Amazon
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, Sept. 28, 2018.Chris Wattie | ReutersShares of Shopify jumped as much as 9% in early trading…
Latest news on Russia and the war in Ukraine
Moscow sees no sign of new guarantees on grain deal, Lavrov saysRussia sees no sign it will receive the guarantees it requires before resuming a deal allowing Ukraine to ship its…
Microsoft to unbundle Teams software in Europe in bid to abate EU antitrust concerns
The Microsoft Teams displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesU.S. tech giant Microsoft on Thursday said it will unbundle its chat and videoconference…
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology, human rights and China's increasingly aggressive approach toward its…
Euro zone price rises steady for August but core inflation declines further
Christine Lagarde, President of the European Central Bank (ECB), speaks during an ECB press conference in July.Picture Alliance | Picture Alliance | Getty ImagesInflation in the…
36-year-old CEO took Philly cheesesteaks to Atlanta, sold over $2.3 million at one store in the last year—now he wants…
Big Dave's Cheesesteaks founder and CEO Derrick Hayes is cooking up what he hopes will be his most delicious offering yet: a chance to own a franchise."I think entrepreneurs are…