Lululemon Shares Sink to eight Year Low on Disappointing Outlook

About this episode

The episode discusses Lululemon's disappointing earnings outlook and features insights on SpaceX's IPO and global health issues.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney, Scarlet Fu, and Kristine Aquino - Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst at Bloomberg Intelligence, discusses Lululemon earnings. Lululemon Athletica shares fell to their lowest level in eight years after the company cut its annual forecast due to deteriorating performance in North America. -Matthew Bloxham, Bloomberg Intelligence Senior and Tech Analyst, discusses the top tech stories. Broadcom Inc. CEO Hock Tan said the company is now less focused on dealmaking because AI offers stronger growth potential. Matthew also discusses SpaceX’s IPO. -Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses SpaceX’s IPO. SpaceX has received orders for more than the shares available in its $75 billion initial public offering, according to people familiar with the matter. -Jessica Nix, Bloomberg Health Reporter, discusses the Bloomberg Big Take story: “Ebola Exposes How Aid Cuts Hollowed Out Global Disease Defenses.” The world's outbreak defenses were rebuilt after the 2014 Ebola epidemic. Now a new crisis in Congo…

People in this episode

Hosts: Paul Sweeney, Scarlet Fu

Guests: Poonam Goyal, Matthew Bloxham, Bailey Lipschultz, Jessica Nix

Topics covered

• Lululemon earnings
• SpaceX IPO
• AI growth potential
• Ebola outbreak
• Global health

Keywords

• Lululemon
• earnings
• SpaceX
• IPO
• AI
• Ebola
• health

Mentioned in this episode

Organizations: Lululemon Athletica, Bloomberg Intelligence, Broadcom Inc., SpaceX, Bloomberg News

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