Hurricane Milton could cost $60bn in insurance losses

Lululemon (NASDAQ: LULU) experienced a 20% drop in share value following its latest earnings report, which included reduced earnings expectations for the year due to increased tariff-related costs. Although revenues are still projected to align with previous guidance, the lowered earnings estimates significantly impacted market perception of the stock. More Context

Palantir Technologies and Nvidia have seen remarkable share price increases of 2,000% and 875%, respectively, since January 2023, but analysts are suggesting it's time to sell, particularly for Palantir, which has a median target price of $110, indicating a 19% downside. Conversely, Nvidia's median target price of $175 suggests a 22% upside, despite one analyst recommending a sell. More Context

Broadcom is emerging as a leader in the AI semiconductor market, leveraging its expertise in application-specific integrated circuits (ASICs) to meet growing demand from cloud hyperscalers for cost-effective solutions in AI workloads. With a potential revenue opportunity of $60 billion to $90 billion, Broadcom's recent growth positions it strongly, prompting competitors like Qualcomm to pursue similar market opportunities. More Context

Adobe (NASDAQ: ADBE) reported a record $5.87 billion in revenue for its fiscal second quarter, reflecting an 11% increase year-over-year, alongside $2.15 billion in free cash flow, achieving a 37% margin. Both the Digital Media segment, which includes Creative Cloud, and the Digital Experience segment experienced robust double-digit growth. More Context

Currently priced at $2.25, XRP (CRYPTO: XRP) has the potential for significant growth driven by three key catalysts that could lead to a target of $4.50 in the next five years. These developments are already emerging on the blockchain and in corporate strategies, suggesting that investors should monitor these trends closely for potential opportunities. More Context

Lovesac (NASDAQ:LOVE) reported growth in Q1 FY2026 despite challenging market conditions, showcasing its ability to capture market share as competitors struggle. The company emphasized its strategic focus on showroom growth, digital engagement, and innovation through the EverCouch launch, while making significant strides in tariff mitigation and cost management. More Context