Lululemon Tumbles, Broadcom Surges, Lennar on Eco Data | Stock Movers
September 5, 2025
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4:02Now PlayingLululemon Tumbles, Broadcom Surges, Lennar on Eco Data | Stock Movers
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as posted by the channelOn this episode of Stock Movers:
- Lululemon (LULU) shares tumble after the company slashed its outlook due to weakening demand and the Trump administration's tougher trade policies. The retailer warned it will take a $240 million hit from President Donald Trump's decision to end the de minimis exemption and now projects lower sales for the third quarter.
- Broadcom (AVGO) shares rose after the company announced they would be helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia Corp.
- Lennar (LEN) shares rose after a weaker-than-expected jobs report prompted traders to fully price a rate cut by the Federal Reserve in less than two weeks.
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Lululemon Tumbles, Broadcom Surges, Lennar on Eco Data
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