Sales
Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US during the holiday shopping season and continued strength...
Foxconn posts muted monthly sales growth while AI demand slows
APPLE’S major manufacturing partner Hon Hai Precision Industry reported a second consecutive month of single-digit sales growth, raising concerns that demand for AI infrastructure will not be able to...
TikTok Shop triples Black Friday sales, topping US$100 million
TIKTOK tripled its US shopping sales to more than US$100 million on Black Friday, a sign of the app’s growing popularity despite a looming ban.TikTok Shop, the app’s e-commerce...
MicroStrategy is halfway through share sales to buy Bitcoin
JUST over a month after announcing plans to raise US$21 billion through stock sales to help fund additional purchases of Bitcoin, MicroStrategy is already almost halfway to its goal.The...