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Activist investor Elliott reportedly takes $1 billion stake in Lululemon, eyes new CEO3:17 Activist investor Elliott Management has taken a sizeable stake in Lululemon Athletica and has a potential CEO candidate in hopes of turning around the company’s fortunes, according to a new report. DoorDash joins Instacart in the newest shopping battleground — ChatGPT1:42 DoorDash Inc. on Wednesday said it had joined forces with OpenAI to allow people to shop for groceries in ChatGPT and check out on the delivery platform itself, as artificial intelligence becomes a bigger competitive front for online shopping. Oracle’s stock falls on a fear one analyst says should be ‘almost irrelevant’1:42 New rumors of stalled data-center funding have sent Oracle’s stock lower, but some experts argue the negative narrative has gotten too harsh. This chart captures Tesla’s EV sales woes — and things are about to get worse0:38 U.S. sales have fallen further from their 2022 peak, and Elon Musk has already told investors to brace for a “few rough quarters.” You’ve just won the $1.25 billion Powerball jackpot. Here are the 5 money moves you need to make next.0:06 But even if you’re not a big lottery winner in Wednesday’s Powerball drawing, it’s still worth heeding this advice for managing a significant sum of money It’s been illegal to make women have a man co-sign their loans since the ’70s. Now the Trump administration could change that.23:35 Proposed changes to a rule barring banks from discriminating against certain borrowers are ‘alarming,’ and a ‘step backwards,’ consumer advocates say Micron blows past expectations, and the stock is climbing23:03 Micron has been a victim of souring AI sentiment lately, but its upbeat outlook has Wall Street now feeling better about the path forward. ‘We all have economic jitters’: After the Fed cut rates, should my son buy a $600K house?22:31 “They are tuned in to friends and colleagues, who are losing jobs, cognizant of shifts in company agendas and financial worries.” Why Nvidia, Broadcom and other AI stocks are falling sharply21:28 The AI trade is unwinding — with investors increasingly worried about debt raising by companies like Oracle and CoreWeave used to finance AI data-center buildouts. |