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UA News30 articles
Under Armour Taps Tee Higgins as North America Sales Slip 9%
Under Armour has signed Cincinnati Bengals receiver Tee Higgins to a multi-year endorsement deal as North America revenue fell 9% in the latest quarter.
Lululemon Stock Climbs 8% on Global Growth, Offsetting US Decline
Lululemon's stock advanced 8.2% this week as international growth, led by China, offset a decline in U.S. sales. Analysts maintain a Hold consensus with a $123.01 target.
Stocks Dip as Oil Surge Fuels Inflation Fears, Fed Cut Hopes Fade
US stocks retreated Tuesday as a hotter-than-expected April CPI report and surging oil prices dampened rate-cut expectations, with tech and chip stocks leading declines.
Under Armour Turnaround Hits Investor Skepticism as Profit Forecast Falls Short
Under Armour shares tumbled nearly 20% after the company's fiscal 2027 profit forecast of 8-12 cents per share fell far short of analysts' 23-cent estimate, raising doubts about the turnaround.
Lululemon's Slump Tests Investor Faith in Turnaround Plan
Lululemon shares fell to a 52-week low as weak North America sales, margin pressure, and CEO transition uncertainty test investor patience.
Wall Street's Record Rally Faces Key Inflation Test This Week
The S&P 500 and Nasdaq closed at all-time highs Friday, with investors now focused on April inflation data, Cisco earnings, and US-China trade talks this week.
Lululemon Founder's Board Challenge Weighs on Shares
Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.
Microsoft Reorganizes Xbox: Obsidian Now Under Bethesda
Microsoft has moved Obsidian Entertainment under Bethesda's oversight as part of a broader Xbox restructuring, with a new Fallout game confirmed and Xbox revenue down 10%.
Sony's Underworld Franchise Stays Dormant as Library Asset; No Sequel on Slate Through 2027
Sony's Underworld series, 23 years old, remains a library asset with no sequel planned through June 2027. The franchise's $542.9M box office and Sony Pictures' strong margins underscore its strategic value.
Tesla Roadster Reveal Set for October 1: Production Plans Under Scrutiny
Tesla's Roadster reveal is set for October 1, but investors are focused on production scale. A 10,000-car run at $250,000 would equal 2.4% of 2026 revenue consensus.
Firmus IPO: Founders' Staged Exit Raises Questions Amid Missing Prospectus
Firmus founders can sell a portion of their stakes one year after the IPO, but the absence of a prospectus leaves investors guessing about valuation and financials.
Wolverine PS5 Launch: Actor Confirmed, Sales Data Still Under Wraps
Sony's Marvel's Wolverine launched on PS5 with Liam McIntyre as Logan, but Sony hasn't disclosed sales figures. Insomniac's history and Sony's Q1 results provide context.
Nissan Commits Up to £170M for Sunderland Kicks e-POWER, Launch Date Undisclosed
Nissan will invest up to £170M to add the Kicks e-POWER hybrid SUV to its Sunderland plant, but without a launch date or volume targets, the impact on utilization remains unclear.
Alphabet's AI Server Payback: Under Two Years, But Capex Concerns Loom
Google Cloud claims AI servers pay back in under two years, but Alphabet's massive capex and negative free cash flow leave investors cautious.
SE Asia's Digital Banks Under Scrutiny as Sea, Grab, GoTo Disclose Loan Growth
Sea, Grab, and GoTo now disclose loan growth details, revealing varying profitability and credit risks in Southeast Asia's digital banking race.
Anthropic Co-Founder Urges Mandatory, Auditable AI Shutdown Controls
Anthropic co-founder Jack Clark suggests AI shutdown capabilities should be mandatory and verifiable by third parties. A House bill proposes similar requirements for the most powerful AI systems.
Xbox Cloud Gaming Caps: Microsoft's 4% Impact Claim Under Scrutiny
Microsoft's new Xbox cloud gaming caps affect 4% of Game Pass subscribers, but cancellation numbers remain undisclosed. MSFT shares stable.
Lloyds' Capital Return Strategy Under Scrutiny as CFO Takes the Stage
Lloyds' CFO William Chalmers is set to speak at a conference, with the bank's CET1 ratio at 13.1%. Investors are watching for signals on capital returns.
GM Engine Remedy Under NHTSA Scrutiny Across Nearly 1M Trucks
Federal regulators are investigating whether GM's remedy for failing 6.2L V8 engines worked, covering nearly 1 million vehicles and raising warranty cost concerns.
FC 27 Early Access Debuts Under New Private Ownership
EA SPORTS FC 27 launches early access on September 18, marking the first major release since EA went private. The game's Ultimate Team mode faces a critical test of player spending.
Kraft Heinz Begins NYSE Trading Under KHC Ticker
Kraft Heinz (KHC) begins trading on the NYSE Monday under the same ticker, following a record-volume final Nasdaq session. The exchange switch coincides with index rebalancing, while fundamentals remain challenged.
J&J Reveals Rybrevant Survival Data Presentation, But Numbers Stay Under Wraps
Johnson & Johnson confirmed final overall survival data from its Phase 3 PAPILLON trial will be presented at a presidential symposium, but the results remain under embargo.
SharonAI Leadership Shift: COO Transition Preserves Founder's Equity Stake
SharonAI disclosed leadership changes, with co-founder Leece keeping 151,219 RSUs as Burns becomes COO. Contract runs to 2027, stock up 5%.
Loonie Under Pressure as BoC, Fed Signals Loom
The Canadian dollar weakened to C$1.3866 per USD ahead of twin central bank signals Wednesday. BoC minutes and Fed rate decision could set the tone for the loonie.
Celsius CEO's $494K Stock Buy Underscores Confidence Amid Challenges
Celsius CEO John Fieldly spent $493,842.60 on 18,000 shares at $27.44, slightly above Friday's close. The buy signals confidence despite core brand revenue falling 11.7%.
CMC Markets Extends 24/5 Fractional US Trading; Valuation Under Scrutiny
CMC Markets now offers 24/5 fractional US share trading in the UK. The move removes trading hour and price barriers, but with CMCX at 27x earnings, growth must follow.
LightPath Q4 Revenue Soars 74% as LPTH Stock Remains Under Pressure
LightPath Technologies delivered record Q4 revenue and positive adjusted EBITDA, but LPTH stock remains below $10 amid GAAP losses and share dilution.
Skyworks Surge Narrows Qorvo Merger Spread to Under 1%
Skyworks (SWKS) surged 9.7%, compressing the Qorvo (QRVO) merger spread to 0.6%. The fixed exchange ratio means QRVO tracks SWKS, leaving little arbitrage cushion.
J.Jill Rally Cools as Tariff Refund Masks Underlying Growth
J.Jill shares surged 9.6% after raising guidance, but a $13.3M tariff refund inflated margins. Underlying sales growth was just 0.5%.
AEO Plunges 10%: Tariff Refunds Mask Underlying Margin Squeeze
AEO shares dropped 10% after hours as a $161M tariff refund masked underlying margin pressure. Aerie's 25% growth couldn't offset core brand weakness.