Francesca Fontana
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Specifically, tariffs affecting products from some of the company's largest sourcing bases. It makes products in China, Vietnam, Cambodia, Sri Lanka, Indonesia and Bangladesh. Lululemon said it's assuming tariffs of 30% on Chinese imports and 10% from other countries. It's looking at ways to cut shipping costs and plans to raise prices on some products.
Specifically, tariffs affecting products from some of the company's largest sourcing bases. It makes products in China, Vietnam, Cambodia, Sri Lanka, Indonesia and Bangladesh. Lululemon said it's assuming tariffs of 30% on Chinese imports and 10% from other countries. It's looking at ways to cut shipping costs and plans to raise prices on some products.
On Friday, Lululemon shares plummeted 20% and the stock notched a weekly loss of about 16%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin with supervising producer Talia Arbel. I'm Francesca Fontana.
On Friday, Lululemon shares plummeted 20% and the stock notched a weekly loss of about 16%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin with supervising producer Talia Arbel. I'm Francesca Fontana.
Have a great weekend and I'll see you next Saturday.
Have a great weekend and I'll see you next Saturday.
Hey Listeners, it's Saturday, May 31st. I'm Francesca Fontana for the Wall Street Journal and this is What's News in Markets. Our look at the biggest stock moves of the week and the news that drove them. Let's get to it. You guys know, I usually do a play-by-play of the week, right? I go day by day, give you the biggest stock moving news in the order that we got it.
Hey Listeners, it's Saturday, May 31st. I'm Francesca Fontana for the Wall Street Journal and this is What's News in Markets. Our look at the biggest stock moves of the week and the news that drove them. Let's get to it. You guys know, I usually do a play-by-play of the week, right? I go day by day, give you the biggest stock moving news in the order that we got it.
But this week, I think the big question is, where are we with tariffs right now? Sind sie fertig? Sind sie zurĂŒck? Sind sie wirklich weg? Also, wo sind wir mit Tariffs? Well, they're still in place. For now. But if you can imagine a cloud hanging over them right now, and that cloud's name is legal limbo. First, the U.S.
But this week, I think the big question is, where are we with tariffs right now? Sind sie fertig? Sind sie zurĂŒck? Sind sie wirklich weg? Also, wo sind wir mit Tariffs? Well, they're still in place. For now. But if you can imagine a cloud hanging over them right now, and that cloud's name is legal limbo. First, the U.S.
Court of International Trade invalidated nearly all of President Trump's tariffs. Then, a federal appeals court allowed them to stay in effect. Now, that's not going to be the end of this saga, and it's certainly not the end of the trade war or our collective whiplash. NatĂŒrlich gibt es auch andere GerĂ€usche. Trump verurteilt China, dass es mit den USA zu tun hat, usw.
Court of International Trade invalidated nearly all of President Trump's tariffs. Then, a federal appeals court allowed them to stay in effect. Now, that's not going to be the end of this saga, and it's certainly not the end of the trade war or our collective whiplash. NatĂŒrlich gibt es auch andere GerĂ€usche. Trump verurteilt China, dass es mit den USA zu tun hat, usw.
Aber das ist das lange und das kurze davon. Die Tarife sind immer noch da. Die Firmen rippen nicht ihre gewĂŒnschte Regulierung auf oder schlagen ihre PlĂ€ne, um die Kosten der Tarife zu vermeiden. Und wir sind alle nur einen FuĂ vor dem anderen. Was tun die Indexe? Nun, alle drei endeten die Woche höher und haben die Monatserhöhungen genutzt. The Dow ended May with a gain of 3.9%.
Aber das ist das lange und das kurze davon. Die Tarife sind immer noch da. Die Firmen rippen nicht ihre gewĂŒnschte Regulierung auf oder schlagen ihre PlĂ€ne, um die Kosten der Tarife zu vermeiden. Und wir sind alle nur einen FuĂ vor dem anderen. Was tun die Indexe? Nun, alle drei endeten die Woche höher und haben die Monatserhöhungen genutzt. The Dow ended May with a gain of 3.9%.
The S&P 500 rose about 6.2%. And the Nasdaq jumped more than 9%. Alright, first up, Timu. Or is it Temu? You know, I thought I had it down after the Super Bowl commercial with the song, but I've forgotten. So my wonderful producers have helped me nail it down. It's Temu. Anyway.
The S&P 500 rose about 6.2%. And the Nasdaq jumped more than 9%. Alright, first up, Timu. Or is it Temu? You know, I thought I had it down after the Super Bowl commercial with the song, but I've forgotten. So my wonderful producers have helped me nail it down. It's Temu. Anyway.
Temu, der berĂŒhmte E-Commerce-Seller von der chinesischen Elternfirma PDD Holdings, ist durch US-Tarife unter seriösem Druck. PDD Holdings hat diese Woche gesagt, dass ihr Profit in der ersten Quartiere fast 50% gestiegen ist, was... ist ein groĂer Schritt, je nachdem, wie stark Temus Aufstieg in den USA ist.
Temu, der berĂŒhmte E-Commerce-Seller von der chinesischen Elternfirma PDD Holdings, ist durch US-Tarife unter seriösem Druck. PDD Holdings hat diese Woche gesagt, dass ihr Profit in der ersten Quartiere fast 50% gestiegen ist, was... ist ein groĂer Schritt, je nachdem, wie stark Temus Aufstieg in den USA ist.
Temus ultra-cheap tĂ€gliche Produkte sind ein Hits mit budgetbewussten amerikanischen Konsumenten. Seht auch den chinesischen Fast-Fashion-E-Retailer Xi'an. Und diese Firmen handeln nicht nur mit den neuen amerikanischen Tarifen, sondern auch mit der VerlĂ€ngerung eines Pflichtabschlusses fĂŒr niedrige oder kleine Pakete aus China. And they've both relied heavily on it.
Temus ultra-cheap tĂ€gliche Produkte sind ein Hits mit budgetbewussten amerikanischen Konsumenten. Seht auch den chinesischen Fast-Fashion-E-Retailer Xi'an. Und diese Firmen handeln nicht nur mit den neuen amerikanischen Tarifen, sondern auch mit der VerlĂ€ngerung eines Pflichtabschlusses fĂŒr niedrige oder kleine Pakete aus China. And they've both relied heavily on it.