Lululemon Founder Chip Wilson Launches Proxy Fight to Shake Up Board
Billionaire founder Chip Wilson nominates three independent directors to Lululemon's board, escalating pressure on the struggling athleisure giant after its CEO's sudden exit.
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Billionaire founder Chip Wilson nominates three independent directors to Lululemon's board, escalating pressure on the struggling athleisure giant after its CEO's sudden exit.
Coinbase Institutional forecasts tokenization of real-world assets and stablecoin adoption to dominate crypto markets in 2026, with stablecoin market cap potentially reaching $1.2 trillion by 2028.
Nvidia's largest acquisition ever brings Groq's inference technology in-house, but the 'licensing agreement' structure is raising eyebrows among regulators and analysts.
Crude oil jumped 2.5% Monday after Trump and Zelenskyy said they're 90% of the way to a peace deal, though markets remain skeptical of a swift resolution.
Japan's SoftBank agrees to acquire data center investment firm DigitalBridge for $4 billion at $16 per share, signaling aggressive expansion into AI infrastructure.
The S&P 500 fell 0.4% as Nvidia and Tesla dropped over 2%, with investors locking in gains after a banner year that saw the index climb more than 17%.
AMD heads into year-end with CES 2026 as its next major catalyst. The chipmaker navigates China AI restrictions while competing with Nvidia for data center dominance.
Analysts expect Tesla's Q4 deliveries to fall 14% year-over-year to approximately 405,000-435,000 vehicles, well below consensus. The decline follows an exceptionally strong Q3.
Nvidia announced its largest acquisition ever, buying AI chip startup Groq for approximately $20 billion. The deal strengthens Nvidia's position in AI inference computing.
U.S. stock markets reopened December 26 with the S&P 500 near 6,940 and the Dow at record highs. December 26 is historically the strongest trading day of the year.
Approximately $30.3 billion in Bitcoin options expire Friday at 8:00 AM UTC. The largest quarterly expiry of 2025 could trigger significant price volatility.
Japanese firm Metaplanet received shareholder approval for a bold plan to acquire 210,000 Bitcoin by 2027—1% of total supply. The strategy mirrors MicroStrategy's successful approach.