Author: Fahim journalist
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Lululemon Stock Plunges 23%: The $12 Billion Wipeout Behind Its “Dynamic Macroenvironment” Warning
In the bloodbath of after-hours trading on June 5, 2025, Lululemon (LULU) shares cratered 23% – vaporizing $12 billion in market value – after slashing full-year guidance despite a Q1 earnings beat. The athleisure giant blamed a “dynamic macroenvironment,” but investors heard a darker truth: America’s love affair with $118 leggings is cooling, forcing a…
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Elon Musk’s Net Worth Plummets $35 Billion in 24 Hours as Tesla Stock Crashes 14% on Trump Feud
The world’s richest person just lost more money in a single day than most nations’ GDP. On July 11, 2025, Tesla (TSLA) shares nosedived 14% – their worst drop since 2022 – after Donald Trump threatened to “ban all federal contracts” for companies tied to Elon Musk. The sell-off vaporized $152 billion from Tesla’s market…
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AVGO Stock: Broadcom’s AI Engine Roars in Q2 Earnings – So Why Did Shares Cool Off?
Broadcom Inc. (NASDAQ: AVGO Stock) delivered a powerhouse Q2 FY2025 earnings beat on June 12th, smashing Wall Street estimates and raising full-year guidance on explosive AI infrastructure demand. Yet, in a surprising twist, shares dipped 3.5% in after-hours trading. This paradox – stellar fundamentals meeting investor skepticism – reveals the high-stakes dynamics shaping one of…
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SpaceX Dragon in Crisis: Musk Threatens Decommissioning After Trump Clash
Elon Musk ignited a political firestorm this week, declaring SpaceX would decommission its Dragon spacecraft if President Trump follows through on threats to “terminate government contracts.” The ultimatum came after Trump accused Musk of “funding radical ideologies” and vowed to block federal deals with SpaceX—a direct hit to its $4.2 billion NASA partnership. What is…
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Circle Stock Skyrockets: A Stellar 168% Surge in NYSE Debut
Circle Internet Financial (ticker: CRCL) ignited Wall Street as shares exploded 168% in its NYSE debut, opening at $69.00 after pricing its IPO at $31—far above the projected $17–$20 range. The stable coin pioneer raised $1.1 billion, marking the largest U.S. crypto IPO since Coinbase and cementing investor frenzy around blockchain finance. CRCL IPO: Breaking…
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Whitney Decker (10), Charisma (8), and Trinity (5) were found murdered. Their father, Travis Decker, is the prime suspect
The Wenatchee community is shattered after beloved sisters Whitney Decker (10), Charisma (8), and Trinity (5) were found murdered. Their father, Travis Decker, is the prime suspect, triggering a multi-state manhunt as residents mourn the devastating loss of three “beautiful and joyous” young lives. The idyllic backdrop of Wenatchee, Washington, known for its apple orchards…
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Erasing Legacy: Hegseth Orders Navy to Strip Harvey Milk’s Name from Ship in Controversial Purge
In a move igniting national outrage, Pentagon Chief of Personnel Pete Hegseth has ordered the U.S. Navy to rename the USNS Harvey Milk, stripping the vessel of its tribute to the trailblazing gay rights icon. The directive—part of a broader “warrior culture” initiative—reverses a landmark 2016 decision to honor Milk’s legacy and marks the second…
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Wells Fargo Bank Unleashed: Fed Lifts $1.95T Asset Cap After 7-Year Penalty, Unleashing Growth & $1B Employee Bonuses
In a watershed moment for America’s banking giant, the Federal Reserve has lifted Wells Fargo bank $1.95 trillion asset cap—imposed in 2018 after the fake accounts scandal—freeing the bank to pursue growth for the first time in nearly a decade. The move, confirmed in a joint Fed-Wells Fargo statement today, triggered a 12% premarket surge…
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Elon Musk Torpedoes Trump’s “Big Beautiful Bill” as “Disgusting Abomination” – GOP Reels From Billionaire’s Betrayal
In a seismic political eruption, Elon Musk denounced the GOP’s flagship $1.2 trillion “American Restoration Act” as a “disgusting abomination” on X, triggering panic among Republican leadership and testing Musk’s kingmaker status in the 2026 midterms. The bill—spearheaded by Trump and dubbed the “Big Beautiful Bill” (BBB)—now faces collapse after Musk’s 24-word post ignited a…
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Capital One Venture X Lounge Access: Major Devaluation Hits Cardholders in 2025
Capital One has announced sweeping restrictions to its premium Capital One Venture X lounge access program—eliminating free guest entries, slashing authorized user privileges, and adding spending hurdles. Effective November 1, 2025, the changes mark the largest devaluation since the card’s launch, triggering fury among frequent flyers and sparking mass card cancellations. Here’s how the new…