đź“ť Overview
Apple’s planned $2,500 foldable iPhone is already facing severe supply constraints, underscoring the challenges of bringing a premium new device to market. In business, The Trade Desk is cutting 15% of its workforce despite strong revenue, while Lululemon has reduced its revenue outlook after a 20% plunge in core sales. Samsara reported $2.1bn in annual recurring revenue, and Microsoft’s chief executive sold $43m in stock.
The Trade Desk plans to cut 15% of its workforce, with restructuring charges of up to $51 million expected to be completed by Q3 2026. The move comes despite strong revenue, but analysts remain cautious about the company’s outlook.
Source: Seeking Alpha
• Published: September 05, 2026
Lululemon lowered its full-year revenue forecast to $10.35 billion after core legging sales fell 20% in the second quarter. The weaker guidance has led to bearish sentiment and multiple analyst downgrades.
Source: Seeking Alpha
• Published: September 05, 2026
Samsara reported annual recurring revenue above $2.1 billion, up 30% year on year, and added a record 242 customers with more than $100,000 in ARR. Management raised full-year revenue guidance, though free cash flow margins are expected to face some pressure.
Source: Seeking Alpha
• Published: September 05, 2026
Microsoft CEO Satya Nadella sold more than $43 million of company shares under a pre-arranged trading plan. Microsoft remains highly profitable, but analysts still rate the stock as a hold.
Source: Seeking Alpha
• Published: September 05, 2026