Month: June 2025
S&P 500 futures are little changed ahead of May jobs report: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stock market futures were mostly calm on Thursday evening ahead of a key jobs report that is expected to shed light on the […]
Read More
Musk’s feud with Trump and exit from DOGE are really bad for Dogecoin
Idrees Abbas | Lightrocket | Getty Images It’s been a bad week for DOGE. And a really bad week for dogecoin. The meme coin, which gained popularity in part because Elon Musk once dubbed it “the people’s crypto,” fell about 10% on Thursday and is down 22% over the past week. That drop corresponds with […]
Read More
Walmart plans to expand drone deliveries to three more states
Walmart is bringing drone deliveries to three more states. On Thursday, the big-box retailer said it plans to launch the speedier delivery option at 100 stores in Atlanta, Charlotte, Houston, Orlando and Tampa within the coming year. With the expansion, Walmart’s drone deliveries will be available in a total of five states: Arkansas, Florida, Georgia, […]
Read More
Stocks making the biggest moves after hours: Lululemon, Docusign, Tesla and more
Here are the stocks making headlines in after hours trading on Thursday. Lululemon — The apparel stock slumped 20% after earnings guidance came in below expectations. Lululemon projected second-quarter earnings per share of $2.85 to $2.90 per share. Analysts surveyed by LSEG were looking for $3.29 per share. Lululemon also cut its full-year earnings guidance. […]
Read More
Broadcom beats on earnings and revenue
A sign is posted in front of a Broadcom office in San Jose, California, on Dec. 12, 2024. Justin Sullivan | Getty Images Broadcom reported second-quarter earnings on Thursday that beat Wall Street expectations, and the chipmaker provided robust guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates: Earnings per share: […]
Read More
Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect
A “We’re Hiring” sign at a NC Department of Adult Correction booth at a job and resource fair hosted by the Asheville Area Chamber of Commerce in partnership with NCWorks in Fletcher, North Carolina, US, on Wednesday, April 9, 2025. Allison Joyce | Bloomberg | Getty Images There seems little doubt now that hiring slowed […]
Read More
Musk says SpaceX will decommission Dragon spacecraft after Trump threat
The SpaceX Falcon 9 rocket and Dragon spacecraft are seen ahead of a launch at Launch Complex 39A at the NASA’s Kennedy Space Center on March 14, 2025 in Cape Canaveral, Florida. Brandon Bell | Getty Images Elon Musk on Thursday said that his company SpaceX will begin decommissioning its Dragon spacecraft “immediately” because of […]
Read More
Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’
People walk past a Lululemon department store in New York City on June 5, 2024. Michael M. Santiago | Getty Images Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin […]
Read More
Microsoft’s stock hits fresh record, rallying despite drop in broader market
Microsoft Chairman and Chief Executive Officer Satya Nadella speaks during the Microsoft Build 2025, conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images On a down day for the market, Microsoft reached a record high for the first time in 11 months. Shares of the software giant rose 0.8% […]
Read More
Trump says Musk went ‘CRAZY,’ suggests cutting government contracts for his companies
President Donald Trump and Elon Musk (R) speak before departing the White House on his way to his South Florida home in Mar-a-Lago in Florida on March 14, 2025. Roberto Schmidt | Afp | Getty Images President Donald Trump on Thursday called Tesla CEO Elon Musk “CRAZY” and threatened to cut his companies’ government contracts […]
Read More