Lululemon beats on Q1 2025 earnings, cuts outlook

Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin McDonald said in a news release that “we intend to leverage our strong financial position and competitive advantages to play offense,…

Read More

The Diddy Trial And Credible Media

Members of the media report before Court Opens outside the Southern District of New York Federal … More Court, as jury selection begins in Sean “Diddy” Combs’ federal sex crimes trial in New York on May 5, 2025. Jury selection begins Monday in New York in the blockbuster federal sex trafficking trial of music mogul…

Read More

Western companies are experimenting with DeepSeek

Two months on from its release, DeepSeek’s R1, which wowed experts and caused American tech stocks to crash in January, is still unbeaten. The Chinese firm’s artificial-intelligence (AI) model remains the best open-source offering released by any lab, anywhere in the world. Back home it has spread like wildfire. It is catching on in the…

Read More