Broadcom Sales Climb on Booming AI Demand

The maker of semiconductors and software posted higher profit and sales, thanks to demand for AI networking as hyperscalers continue to invest.

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Lululemon Athletica Cuts Profit Outlook as Tariffs Threaten to Raise Costs

The maker of yoga pants and other athletic wear said it now expects earnings of $14.58 to $14.78 a share for the fiscal year, down from its prior outlook of $14.95 to $15.15.

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Crypto Firm Circle's Shares Soar in Stock Market Debut

The stablecoin issuer began trading as the Trump administration is boosting the industry.

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Jack Daniel's Maker Brown-Forman Forecasts Tough Year Ahead

Jack Daniel's maker Brown-Forman expects organic sales to decline this fiscal year as consumer demand softens in the face of shifting tariffs and uncertainty about the U.S. economy.

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Procter & Gamble to Cut 7,000 Jobs

The American consumer giant also said it would trim its portfolio of brands.

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Kleenex-Owner Strikes a Deal for Its International Tissue Business

Kimberly-Clark will sell a majority of the unit to Brazil's Suzano, the big pulp producer.

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Winnebago Cuts Outlook on Weaker Motorhome Demand

Winnebago Industries said it expects to adjust its headcount, shift production plans and post weaker-than-expected results for the spring quarter due to eroding demand for motorhomes.

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U.K. Fintech Firm Wise Set to Move Main Listing to U.S.

The move deals another blow to European markets that have seen a wave of defections.

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Cracker Barrel Swings to Profit on Slightly Higher Sales

Cracker Barrel Old Country Store swung to a profit and logged higher sales in its fiscal third quarter, buoyed in part by higher menu prices.

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Tesla Stock Plummets. Musk-Trump Spat and 3 Other Things Slamming Shares.

Tesla stock had a miserable day on Wednesday. There are four reasons why.

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Humana to Back Curbs to Medicare Advantage Billing Practices

The changes would limit how insurers add patient diagnoses that trigger lucrative extra payments.

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OpenAI Says Significant Number of Recent ChatGPT Misuses Likely Came From China

The company said it had disrupted several attempts to leverage its artificial-intelligence models for cyber threats and covert influence operations.

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Equinor Signs $27 Billion Deal With Centrica to Supply U.K. With Natural Gas

The agreement starting October and covering the next decade would meet around 10% of the country's annual gas demand.

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Ciena Swings to Profit as AI Investments Drive Demand

The focus around artificial intelligence is starting to shift to networks needed to support the technology, Ciena Chief Executive Gary Smith says.

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Nvidia Preparing To Reenter China Market, Supplier Says

Nvidia reportedly plans to reenter the China AI chip market with a processor called the B40, a supplier said Thursday.

(END) Dow Jones Newswires

June 05, 2025 19:00 ET (23:00 GMT)

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