Estée Lauder’s stock tumbled Thursday after the company raised its profit outlook, but not by enough to meet high investor expectations. Â
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President Donald Trump made a deal in May to send 500,000 of the most advanced U.S. AI chips to the United Arab Emirates. Â
Jefferies believes that Broadcom has an edge over rival MediaTek in supplying Alphabet’s next two major chip generations. Â
While Google’s cloud growth blew Wall Street away, a Stifel analyst worries it will be difficult for Microsoft Azure to accelerate growth in the near future. Â
The low-priced furniture store is debuting on the stock market as it plans to more than double its store count. Â
Alcohol sales slipped in 2025 as consumers cut back, with most spirits categories declining. Canned cocktails and lower-priced tequila were rare bright spots. Â
Treasury Secretary Scott Bessent left the door open to suing Kevin Warsh as Fed chair in testimony to the Senate Banking, Housing and Urban Affairs Committee. Â
Hims said it would sell a copy of the newly launched weight loss pill for $49, far less than the $149 Novo sells the branded pill for. Â
Estée Lauder said in its fiscal second-quarter earnings report that it’s expecting its full-year profitability to take a $100 million hit from tariff impacts. Â
With U.S. credit card debt at a record high, we break down how to effectively pay off a $20,000 balance. Â

