The apparel brand is in one of its largest drawdowns ever.Things have gone from bad to worse for Lululemon (LULU 1.51%). Increased competition and changing consumer trends in the United States have triggered a major growth slowdown for the apparel brand, and the stock is now off close to 70% from all-time highs. At a price of $160, the stock is at one of its lowest levels in years.Shareholders of Lululemon are feeling the pain. At the same time, its valuation is now close to its lowest level ever. Does that ...

TA Associates is delaying a planned sale of its majority stake in India’s OmniActive due to uncertainty about the impact of US tariffs on the business https://t.co/v62rIbygAD ...

The tempo of these meetings has picked up noticeably, right. Uh the Madrid meetings, this is the fourth time in four months that the two sides have met. We've had Geneva, London, Stockholman, and then now Madrid.It seems to be building towards potentially a Trumpi uh summit or at least a meeting even if it is on the sidelines of uh of uh of APEC in in Seoul uh next month, right. Uh if you believe that to be the case, uh both leaders are going to want to be able to uh publicly talk about uh big deliverables ...

Core Viewpoint - The luxury furniture company RH has lowered its full-year guidance due to the impact of tariffs, resulting in a significant decline in its stock price, which is down over 40% for the year [1]. Industry Overview - The furniture industry is facing challenges due to a pull-forward in demand from the COVID-19 pandemic and low housing turnover caused by high interest rates, compounded by the implementation of tariffs [2]. - Additional tariffs specifically targeting the furniture industry were indicated by the Trump administration in late August [2]. Company Performance - For fiscal Q2, RH reported a revenue increase of over 8% to $899.2 million, with demand rising by 14%. However, adjusted earnings per share (EPS) of $2.93 fell short of analyst expectations of $3.21 [3]. - The company's European expansion is performing well, with RH England experiencing a 76% surge in Gallery demand and a 34% increase in online demand. Gallery demand is expected to reach between $37 to $39 million this year [4]. Financial Metrics - Merchandise inventories rose by 4% to $957 million, which is below the sales growth rate. The company plans to reduce $300 million in excess inventory over the next 12 to 18 months [5]. - RH has previously repurchased $2.2 billion of its stock, resulting in $2.5 billion in debt. The company generated negative free cash flow last year but has produced $114.8 million this year, projecting $250 million to $300 million for the year, down from an earlier forecast [6]. Production and Supply Chain - RH sources most of its furniture from Asia but is shifting a significant portion of its upholstered furniture production to a factory in North Carolina, aiming for 52% of upholstered furniture to be produced in the U.S. by year-end [7]. Future Outlook - The company has lowered its full-year revenue growth forecast to between 9% and 11%, down from 10% to 13%. It also reduced its adjusted EBITDA margin guidance from 20%-21% to 19%-20%, anticipating an additional $30 million impact from tariffs [8]. - For Q3, RH expects revenue growth of between 8% and 10% [8]. Investment Considerations - RH's forward price-to-earnings ratio is 15 times next fiscal year analyst estimates, but earnings may fluctuate significantly due to tariff impacts. The company carries substantial leverage, making it a high-risk, high-reward investment [12].

美国商务部表示，将在未来几周内考虑业界以国家安全为由提出的对更多进口汽车零部件加征关税的请求。美国商务部称，“汽车行业正处于各种技术的快速发展阶段，包括在替代推进系统、自动驾驶能力和其他先进技术领域。”汽车行业需要“机会来识别对国防应用具有重要意义的新兴汽车产品”。 ...

Japan’s exports fell for the fourth consecutive month as US President Donald Trump’s tariffs continued to cloud the prospects for global commerce https://t.co/hYomSEKx2i ...

Manufacturing & Supply Chain - Apple is committed to increasing manufacturing in the United States, investing \$500 billion initially and later committing \$600 billion [5][7][8] - Apple is working to stitch together the end-to-end silicon supply chain and is pleased with the progress [6] - Apple has a deal with MP Materials to produce rare earth magnets in the United States, promoting advanced manufacturing domestically [7] - Apple currently partners with 79 factories across the United States, supporting communities and providing good-paying jobs [22] Artificial Intelligence (AI) - Apple integrates AI across its operating system, including features like smart replies, mail summarization, and visual intelligence [12][13] - Apple is developing a personalized Siri, expected to be available next year [14] - Apple has integrated Open AI into its operating system, allowing users to access Open AI with Siri [15] - Apple views AI as the most profound technology of our lifetime and is "all in" on AI development [16] Regulatory & Global Strategy - Apple is in constant communication with the US administration, which is focused on decreasing regulation to facilitate building new factories and data centers [9][10] - Apple acknowledges the Digital Markets Act in the EU presents challenges, potentially delaying the introduction of certain innovations in that region [25] - Tariffs are seen as a motivating factor for businesses to consider domestic manufacturing [11]

now and get to Peter Tuckman who is the senior floor broker at Trademass. Thank you so much for joining us. Absolute pleasure.I'm glad to be here. All right, so we did start off with a record highs and then we sort of erased those gains and we're on the back foot as we closed out the session ahead of this very important meeting tomorrow. What happened.Just a bit of money coming off sitting on sidelines. Yeah, it was kind of drifted just in the absence of the gas on the pedal, it's just going to pull back a ...

House Republicans extended a maneuver they engineered earlier in the year that effectively strips Congress of the power to disapprove of President Trump's tariffs. ...

Stanley Druckenmiller's protégé, Treasury Secretary Scott Bessent, is stirring fresh debate on Wall Street with his latest read on tariffs and trade in a CNBC Squawk Box interview. At first glance, a narrowing U.S. trade deficit with China looks like a policy win, but Bessent warns it could have unintended market consequences.Track U.S. stocks via SPY here.If tariffs force China to buy fewer U.S. goods or push supply chains elsewhere, the resulting capital flows could boost the dollar — and that's bad news ...