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Lululemon stock plunges 20% on disappointing earnings and outlook
Lululemon’s stock dropped 20% in premarket trading after reporting weak earnings, a 9% comparable sales decline, and cutting its full-year revenue guidance to $10.35 billion to $10.5 billion.
Alphabet (GOOG) Surges 24% as Revenue Growth Soars — But Is $190 Billion in Capex Too Much?
Alphabet surged 24.4% in the second quarter as revenue growth reached 22%, though the company raised capital expenditure guidance to $190 billion amid capacity constraints.
England squad announcement: Big questions facing Thomas Tuchel
Thomas Tuchel will announce his first England squad on Friday, 65 days after the World Cup semi-final loss to Argentina. Young prospects like Rio Ngumoha and Lewis Hall are among those in contention for upcoming Nations League matches.
Lewis Hamilton responds to reports he has asked for Ferrari personnel changes ahead of Azerbaijan Grand Prix
Lewis Hamilton denied reports he requested Ferrari personnel changes after poor results at recent races, stating he has never asked for team members to be replaced.
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Netflix content chief Bela Bajaria defines event strategy as streamer eyes more live sports
Netflix’s content chief Bela Bajaria outlined the streamer’s approach to live sports, emphasizing special moments that become cultural touchstones rather than regular programming packages.
Barclays workers ask for more money to return to the office
Barclays is increasing in-office requirements to at least three days weekly, prompting Unite union to demand exemptions and compensation for thousands of affected staff members.
GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
General Motors unveiled new V-8 engines for its 2027 pickup trucks, intensifying competition with Ford and Ram as EV sales falter and regulatory changes reduce electric vehicle incentives.
US interest rates raised for first time in three years
The Federal Reserve raised US interest rates for the first time in over three years to combat persistent inflation, despite President Trump’s opposition to the move.
Austin Tice: Assad regime planned US journalist’s kidnap for weeks, BBC finds
US journalist Austin Tice, who vanished in Syria in 2012, was kidnapped through a calculated operation planned over more than a month, according to BBC investigations citing regime members and intelligence files.
India faces 100% tariff threat over Russian oil after US House vote
The US House passed legislation enabling President Trump to impose tariffs up to 100% on countries buying Russian oil and gas, directly threatening India’s substantial imports from Russia.
How Ed Sheeran’s tour became a flashpoint over Gaza and free speech
Ed Sheeran’s tour faced upheaval after rapper Macklemore expressed solidarity with Gaza during a concert, leading venue owners to remove him and other artists to withdraw in protest.
Yemen: Wreckage of downed Saudi fighter jet seen in verified video
The BBC has verified footage showing wreckage of a Saudi F-15 fighter jet that Iran-backed Houthis claim to have shot down over Yemen using a domestically-produced missile.
The UK’s King Charles warns AI leaders of ‘existential dangers’
King Charles warned AI industry leaders of existential dangers posed by artificial intelligence, urging them to prioritize safety as the technology develops rapidly.
Macron and Aoun discuss efforts to back Lebanon’s army, end Israeli attacks
France, Lebanon, and Jordan convened in Paris to mobilize international support for strengthening the Lebanese military and addressing ongoing Israeli military operations in the country’s southern region.
Brazil’s Lula announces welfare increases ahead of presidential election
Brazil’s leftist President Lula announced a 15 percent increase in welfare benefits ahead of October’s presidential election, raising minimum monthly payments in the poverty alleviation program.
US secures release of detained citizen Adam Castillo in Myanmar
The US State Department secured the release of Adam Castillo, a detained American citizen in Myanmar, after three months in custody. Officials traveled to the country to negotiate his freedom.