Lululemon Stock Falls as Forecasts Reflect Consumer Caution

The Major US Equity Index pushed a higher pushed to shut down the trading week.

The Labor Statistics Bureau reported that the US economy added 139,000 jobs in May, reaching the top in economists’ forecasts and helped reduce concerns about a tariff-powered recession in the labor market.

S&P 500 on Friday increased by 1%, closed above 6,000 points for the first time since February. Dow was up 1.1%, while Nasdaq jumped 1.2%.

The shares of Big Data Analytics software provider Palaantir Technologies (PLTR) increased to 6.5%, securing the top daily performance in S&P 500. Positivity around its extended government business helped Palaantir to lift Palaantir on a high level on Tuesday, but before Friday’s profit, the stock was pulling back to some sessions. Palaantir and other artificial intelligence companies benefited from excited spirit after the earnings from Chipmaker Broadcom (AVGO).

Shares of MRNA wrapped an unstable week of trading with a gain of 5.1% on Friday. The Biotech company announced at the end of the previous week that it was approved by the Food and Drug Administration (FDA) for the use of its new Covid-19 vaccine by older and high-risk patients. On Tuesday, Health and Human Services Secretary Robert F. Kennedy Junior said Modern had agreed to the vaccine’s placebo-controlled test.

The United Airlines (UAL) announced a partnership with Spotify Technology (Spot), which would allow airborne passengers to reach the playlist, audibook and video podcast from streaming service on their seatback screen. United shares rose 4.8% on Friday, while rival carrier Delta Air Lines (DAL) shares increased by 4.3%.

Tesla progressed 3.7% on Friday, as a fight between Tesla CEO Elone Musk and US President Donald Trump showed signs of de-ecstation over the weekend. The spat between the two contributed to a major decline in the electric vehicle (EV) manufacturer’s stock in the pre -session. Many analysts confirmed their boom on Tesla despite a high-profile conflict, but said that stress with Trump could complicate the regulatory path for the firm’s self-driving technology or isolate people with some political approaches.

The Lululemon Athletica (Lulu) issued a minimum-to-additional sales and profit guidance for the current quarter and trimmed its entire year profit forecast. The manufacturer of yoga dress and other athletic apparel stated that American consumers are taking a cautious approach to spend and discussed plans to increase prices on some products as it aims to reduce tariff effects. Lululeman’s shares declined by 19.8% on Friday, leaving any component in S&P 500, JP Morgan and UBS analysts reduced their price target on Lululemone Stock.

Broadcom posted the sale and adjusted profit results of the fiscal second quarter that were in line with the unanimous forecast. In Artificial Intelligence Semiconductor Revenue, a major year-on-year Optic helped the chipmaker receive a record quarterly revenue of $ 15 billion. Although Broadcom’s shares slipped 5% on Friday, recurred with a record height recorded before the release of the earnings.

Fertilizers and other agricultural products providers, Mosaic (MOS), reduced their 2025 phosphate production guidance citing operating issues in their US features. Mosaic shares were 4.4%below.