Alex Ossola
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Appearances Over Time
Podcast Appearances
Wilson will get to name two new directors to the company's board.
Plus, the company will add another director with product and brand expertise in apparel.
And Wilson?
He's agreed to not badmouth Lululemon for 18 months.
Its stock closed 2.9% higher.
Also higher today?
Ford's stock price.
It's risen about 30 percent in the past two weeks, hitting its highest level since August 2022.
But the reason doesn't have much to do with cars or trucks.
The company recently announced a new energy storage subsidiary called Ford Energy.
Ryan Felton, who covers the automotive industry for the journal, says investors are excited because it's an opportunity to capitalize on the AI boom.
That was WSJ reporter Ryan Felton.
Oil futures closed at their lowest level in more than a month today.
Investors hope that the latest U.S.-Iran talks will lead to a deal to end the conflict.
U.S.
crude futures dropped 5.5 percent to under $89 a barrel.
In stocks, the tech rally slowed down, though the three major U.S.
indexes all edged higher.
They closed at new records.
Coming up, why do tickets to this summer's World Cup cost an arm and a leg?