On this episode of Stock Movers:
- Lululemon (LULU) shares tumble after the company slashed its outlook due to weakening demand and the Trump administration's tougher trade policies. The retailer warned it will take a $240 million hit from President Donald Trump's decision to end the de minimis exemption and now projects lower sales for the third quarter.
- Broadcom (AVGO) shares rose after the company announced they would be helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia Corp.
- Lennar (LEN) shares rose after a weaker-than-expected jobs report prompted traders to fully price a rate cut by the Federal Reserve in less than two weeks.

On this episode of Stock Movers: - Lululemon (LULU) shares tumble after the company slashed its outlook due to weakening demand and the Trump administration's tougher trade policies. The retailer warned it will take a $240 million hit from President Donald Trump's decision to end the de minimis exemption and now projects lower sales for the third quarter. - Broadcom (AVGO) shares rose after the company announced they would be helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia Corp. - Lennar (LEN) shares rose after a weaker-than-expected jobs report prompted traders to fully price a rate cut by the Federal Reserve in less than two weeks.

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Stock Movers

Lululemon Tumbles, Broadcom Surges, Lennar on Eco Data

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c27fa4ac-cc4b-483e-88a1-b34f00ece8b7/transcript

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