We're going to turn to retail now. Lululemon suing Costco, saying the company copied its designs. Let's get to Courtney Reagan for the details on that.Hey, Court. Hi, Will. It's great to see you again.Well, dupe culture, it's all the rage for consumers seeking the look for less. And Lululemon is not happy about it. The Canadian athleisure company is suing Washington state-based Costco for selling what it calls quote unauthorized and unlicensed apparel employing knockoff infringing versions of some of its we ...

We have some breaking news right now on GM. Philo with the story. Phil.Sarah, take a look at shares of General Motors reporting Q2 sales that increased 7.3%. Now, GM doesn't break out its sales uh as other automakers do by hybrids versus internal combustion engine vehicles, but it did make note of the growth in electric vehicles as GM continues to expand that portfolio. EV sales in the second quarter compared to Q2 of last year up 111% more than doubling compared to where they were last year.And that was ex ...

Can Meta deliver on its AI. Got to the right camera in the end there. Lot of all four to get there.Uh, can they deliver on their AI ambitions as the competition heats up. Joining us now, New York University professor emeritus and AI expert Gary Marcus. Gary, great to have you have you with us.I maybe maybe this is a tough question to to answer, but can you buy in outside AI expertise and incorporate it quickly, easily, or is it as complicated as trying to do a massive corporate merger and the kind of teethi ...

But chair, would the Fed have cut more by now if it weren't for the tariffs. So I I do think that I think that's right where in effect we went on hold uh when we when we saw the size of the tariffs and where and essentially all all inflation forecasts for the United States went up materially as a consequence of the tariffs. So uh we we didn't overreact. In fact, we didn't react at all.We're we're simply taking some time. As long as the US economy is in a in solid shape, we think the the the prudent thing to ...

portfolio manager at JP Morgan Asset Management. Always happens when you when you least expect it, right. There was so much doom and gloom after those liberation day surprise high tariffs and look at the comeback we've made.Does it continue. Yeah, I got to we got to catch our breath after that quarter. I mean, you you showed that it was the best quarter for the for for the market in 5 years. Do you know it was the only quarter in the history of the S&P that we had a 10% draw down intraquarter only to finish ...

All right, the president has arrived at what they're calling alligator Alcatraz and is taking some questions from reporters. Let's listen in. Really had to do with their crooked people.The Democrats are very good at cheating on elections. And that's why I said too big to rig. They tried this one too, but after about 902 they gave up too many votes, you know, too big to rig.Uh Ron would love it. I would love it. Christy would love it.That's what they have to do. They have to bring it back. And we have to loo ...

I think about the volatility involved with some of the stocks that that you own and I still think you sleep pretty well at night. Am I right. Yes.And and the reason is our research. Uh we're doing original research, white sheet of paper. How are these new technologies uh going to scale.And what's so interesting about this time in market history is many people equate it to the late 90s. it that couldn't be further from the truth. In the in the 20 years that ended in the late 90s, the seeds the seeds uh for w ...

they're going to lose the listing either way. >> Yeah. But potentially good news for the US and the administration and other health care news.Some big changes are underway in the weight loss space. Starting today, CVS health will prioritize Novo Nordisk's Wegovy as the pharmacy's preferred GLP one drug and dropping Zepp from its list of covered drugs and a potential blow to Eli Lilly. Joining us now is Mizuho Healthcare strategist Jared Holt.Why does it have to be one or the other. Jared. >> Hey, Sara.Thank ...

And another catalyst could come after the bell. Leslie Picker has got that story for us. So, what are we talking about there, Leslie.Hey, well, you remember these days after the close today. We're expecting announcements from each of the largest banks about how last week's stress test impacts their capital return plans. The Fed asked the 22 bank study to wait 48 business hours or so after the results to share their dividend and buyback changes with the markets.And given the relative ease of this year's exam ...

Macau Gaming Revenue Resurgence - Macau's gambling sector is experiencing a post-pandemic recovery, with June gross gaming revenue showing a 19% year-over-year improvement [1] - June gambling revenue reached $26 billion [2] - Gaming revenue jump may be a result of promotional spending [3] - Macau has not yet returned to pre-pandemic levels, making future earnings reports crucial for insight [4] Stock Market Impact - Casino stocks with Macau exposure are rising, including Wind (up 8%), Las Vegas Sands (up 8%), Melco (up 11%), and MGM Resorts (up 6%) [2] - Melco has seen gains of 52% over the last 3 months [3] Diversification Efforts - Macau is attempting to diversify its economy beyond gambling, focusing on shows and events like NBA exhibition games [5][6] - The success of attracting non-gambling spending is yet to be determined [6] Economic Factors - The Chinese macro backdrop remains a key consideration for Macau casinos [4] - There can be a divergence between the Chinese economy and gambling activity in Macau, as it is fueled by serious gamblers [5]