Lululemon Athletica Inc. $LULU, renowned for its premium athletic apparel, has faced disappointing outcomes for two consecutive quarters. This trend has intensified concerns regarding the impact of escalating competition and new tariffs on the company's ambitious growth plans. The retailer's forecast for second-quarter sales ranges between USD 2.54 billion and USD 2.56 billion, which falls short of analysts' average expectations.

Kuaishou Technology $1024.HK recently experienced a significant increase in its share value, reaching the highest level since March, following optimistic projections concerning its video generation platform, Kling AI. The platform, launched by Kuaishou to compete against ByteDance Ltd.'s TikTok and Douyin, is anticipated to generate annual revenue of USD 100 million by February, according to company statements.

Oversea-Chinese Banking Corp $OVCHY has initiated another endeavor to acquire complete control over Great Eastern Holdings Ltd. by proposing a lucrative deal of SGD 900 million (USD 700 million) for the remaining shares. This marks the fourth effort by the Singaporean institution to strengthen its position and obtain full ownership of one of the region’s most prominent insurers.