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Michael Burry’s Lululemon Bet Takes A Hit As LULU Crashes To Lowest Level Since 2018: Gary Black Warns Of ‘Intense Competition’

Michael Burry’s Lululemon Bet Takes A Hit As LULU Crashes To Lowest Level Since 2018: Gary Black Warns Of ‘Intense Competition’

by Rishabh Mishra | Jun 5, 2026 | General

Lululemon Athletica Inc. (NASDAQ:LULU) shares plummeted over 11% in after-hours trading, crashing to their lowest price since 2018 after slashing full-year guidance due to softening traffic and product missteps. Guidance Cut Triggers Technical Meltdown The athletic...

Trump’s Former Security Adviser John Bolton Reaches Plea Deal In Classified Documents Case, To Pay $2 Million Fine: Report

by Namrata Sen | Jun 5, 2026 | General

John Bolton, the former National Security Adviser to President Donald Trump, has reportedly agreed to a plea deal over the mishandling of classified national security information. Bolton is set to plead guilty to a single felony count of illegal retention of sensitive...
Airbnb CEO Brian Chesky Is Building An AI Startup—And It’s Not Another Chatbot: Report

Airbnb CEO Brian Chesky Is Building An AI Startup—And It’s Not Another Chatbot: Report

by Ananya Gairola | Jun 5, 2026 | General

Airbnb, Inc. (NASDAQ:ABNB) CEO Brian Chesky is reportedly launching a new artificial intelligence (AI) venture focused on developing AI models. Brian Chesky’s New AI Lab Chesky is in the early stages of creating a separate AI lab that could focus heavily on user...

Trump Administration Explores Government Stakes In OpenAI, Other AI Companies Days After Bernie Sanders Proposal: Report

by Ananya Gairola | Jun 5, 2026 | General

The Donald Trump administration is reportedly exploring whether the U.S. government should take ownership stakes in leading artificial intelligence companies, a move that comes days after Sen. Bernie Sanders (I-Vt.) unveiled a proposal calling for public ownership of...
Why Micron Is Still ‘Pretty Cheap’ Despite Its AI-Driven Run: Legato CIO Says This Is ‘Not The Dot-Com Bubble’

Why Micron Is Still ‘Pretty Cheap’ Despite Its AI-Driven Run: Legato CIO Says This Is ‘Not The Dot-Com Bubble’

by Rishabh Mishra | Jun 5, 2026 | General

Legato Financial Chief Investment Officer (CIO) Ryan Kelly argues that the current market expansion is driven by solid fundamentals, highlighting that companies such as Micron Technology Inc. (NASDAQ:MU) still offer significant value. Grounded In Earnings, Not Hype In...
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