Lululemon shares surge after reporting 24% sales growth, raising full-year guidance
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Lululemon reported healthy first quarter profits that beat Wall Street’s estimates.
Microsoft, Alphabet, Meta and Tesla have a combined $275 billion cash pile.
Younger adults especially are throwing themed picnics, booking DJs and planning vacations that run into the thousands of dollars.
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.
Companies are trying to cut their exposure, but their methods can be flawed.
The bank had some of the same problems of the banks that failed in 2023.
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.