Lululemon Athletica Inc (LULU) News & EventsLULUNews & EventsLululemon Athletica Inc

S&P 500 Companies Report Strong Earnings, Markets Close Broadly Lower

The major averages closed broadly lower amid a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Earnings season has started off strong this week, as more than 87% of the 40 S&P 500 companies that have already released their results reported positive surprises. Big banks surpassed expectations earlier in the week, while multiple other significant companies have posted "beat and raise" reports since Wednesday's close.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:UnitedHealthprovided areport for Q2United Airlinesalso reportedand raised its FY26 earnings guidanceGE Aerospacealso provided areport for Q2TSMCreported, adding it plans to invest an additional $100B in ArizonaEli LillyAtaiBeckleyfor $6.75 per share plus $2.50 per share CVR2. WALL STREET CALLS:TruistLululemonto Sell on meaningful pressure, limited visibilityAeroVironmentto Outperform at Raymond JamesWells FargoCinemarkand Imaxto Equal Weight, citing a soft near-term movie slateCapital OneOktato Overweight on AI agent pipelinePiper Sandlercoverage of SpaceXwith a Neutral rating on near-term headwinds3. AROUND THE WEB:Googleis behind schedule on delivering Gemini 3.5 Pro, Bloomberg reportsDassault Systemesis in talks to acquire ArisGlobal from Nordic Capital for roughly $2B, FT reportsThe Bear Cave believes the case against DraftKingsis "even more compelling today"Voya Financialhas fielded takeover interest in recent weeks, Semafor reportsAppleis preparing an overhauled iPad Mini with an OLED screen, Bloomberg reports4. MOVERS:Abbottwas higher after it provided areport for Q2DexComrose after Truiston the sharesCintasgained after BofAthe shares to Buy from NeutralIntelwas lower after expanding itsMarvellfell after Erste Groupthe stock to Hold from Buy5. EARNINGS/GUIDANCE:J.B. HuntreportedState StreetreportedPrologisprovided areport for Q2WiproreportedManpowerGroupreportedINDEXES:The Dow fell 105.67, or 0.20%, to 52,552.97, the Nasdaq lost 387.28, or 1.47%, to 25,881.95, and the S&P 500 declined 38.63, or 0.51%, to 7,533.77.

Dow Jones Up Slightly, S&P 500 and Nasdaq Down

The Dow Jones Industrial Average was higher near noon while the S&P 500 and Nasdaq were lower as investors digest a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Markets continue to draw support from softer-than-expected consumer and producer price index reports, which reinforced hopes that inflation is easing and gave investors greater confidence the Federal Reserve can remain on hold in the near term.Meanwhile, earnings season has started off strong this week, as more than 87% of the 40 S&P 500 companies that have already released their results reported positive surprises. Big banks surpassed expectations earlier in the week, while multiple other significant companies have posted "beat and raise" reports since Wednesday's close.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:UnitedHealthprovided areport for Q2United Airlinesalso reportedand raised its FY26 earnings guidanceGE Aerospacealso provided areport for Q2TSMCreported, adding it plans to invest an additional $100B in ArizonaEli LillyAtaiBeckleyfor $6.75 per share plus $2.50 per share CVR2. WALL STREET CALLS:TruistLululemonto Sell on meaningful pressure, limited visibilityAeroVironmentto Outperform at Raymond JamesWells FargoCinemarkand Imaxto Equal Weight, citing a soft near-term movie slateCapital OneOktato Overweight on AI agent pipelinePiper Sandlercoverage of SpaceXwith a Neutral rating on near-term headwinds3. AROUND THE WEB:The Bear Cave believes the case against DraftKingsis "even more compelling today"Voya Financialhas fielded takeover intereest in recent weeks, Semafor reportsAppleis preparing an overhauled iPad Mini with an OLED screen, Bloomberg reportsKalshi will allow users to predict a percentage of flight cancellations, WSJ reportsAirbusand Boeinghave chartered the Antonov An-124, one of the largest cargo planes, to speed up the shipment of aerostructures for civil and military aircraft, Reuters says4. MOVERS:Abbotthigher after it provided areport for Q2DexComrises after Truistits price target on the sharesCintasgains after BofAthe shares to Buy from NeutralRocket Lablower after Pipercoverage of the stock with a Neutral ratingMarvellfalls after Erste Groupthe stock to Hold from Buy5. EARNINGS/GUIDANCE:J.B. HuntreportedState StreetreportedPrologisprovided areport for Q2WiproreportedManpowerGroupreportedINDEXES:Near midday, the Dow was up 0.13%, or 66.83, to 52,725.47, the Nasdaq was down 0.87%, or 228.29, to 26,040.94, and the S&P 500 was down 0.23%, or 17.15, to 7,555.25.