Lululemon said mainland China net revenue rose 4% year on year in the second quarter of fiscal 2026, but fell 2% at constant currency and comparable sales dropped 8% at constant currency, according to Jiemian News. Interim co-chief executive and chief financial officer Meghan Frank said Q2 revenue came in below expectations, with the shortfall driven mainly by mainland China, where the company had previously forecast mid- to high-teens sales growth for the quarter and about 20% full-year growth. The company said new and expanded stores and other channels in mainland China added revenue during the quarter, but weaker comparable sales offset part of that contribution. Jiemian News reported that analysts have questioned whether lululemon should slow new store openings in China and the US until sales stabilize, while Frank said the company is taking a “very prudent” approach and will reassess store plans against current operating trends. The slowdown follows years of rapid expansion in China. Lululemon opened its first three mainland stores in 2016, and its mainland store network grew from 99 locations at the end of fiscal 2022 to 172 in fiscal 2025. Revenue rose from US$577 million in fiscal 2022 to US$1.76 billion last year, when mainland China accounted for about 16% of group revenue. From fiscal 2021 to 2025, annual mainland China revenue growth ranged from 29% to more than 80%. Management said some new products have received positive feedback, but performance after launch has been inconsistent. Sales of the core yoga leggings category fell about 20% in the second quarter. Jiemian News also cited weaker enthusiasm for some new releases, while competition in China is increasing from brands such as Alo and domestic label MAIA ACTIVE.

Strive added 469 BTC in its latest purchase for $36.6 million, bringing its total holdings to 25,000 BTC worth roughly $1.95 billion at current prices. According to NS3.AI, CEO Matt Cole said all capital raised during the week came from SATA sales. Cole also said Strive could potentially reach second place among public bitcoin holders by year-end, though that is not his base case.

According to CNBC, U.S. oil prices are back above $100 per barrel, pushing gasoline prices to multi-month highs, and traders on Kalshi expect Americans will face fresh highs at the pump this year. Gas prices peaked at $4.56 per gallon on May 21, according to AAA's national average, and Kalshi traders assign a 71% chance that the average will top $4.60 in 2026. They also put 57% odds on prices rising above $4.80 a gallon and just over a 40% chance of a move above $5.00, while U.S. gas prices last reached a record of just over $5 per gallon in June 2022. Kalshi contracts ask traders whether gas prices will cross specific price levels and are settled using AAA's data. On Monday, Western Texas Intermediate crude futures rose 3.5% to more than $103 per barrel as tensions between the U.S. and Iran escalated and raised doubts about the Strait of Hormuz, a key route for global oil supply. Traders on Kalshi also assign 50-50 odds that gas prices will be above $4.25 per gallon on election day, Nov. 3.

According to Wallstreetcn, ship-tracking data showed that daily vessel traffic through the Strait of Hormuz was in the single digits on both days last weekend, below the 14-ship daily average over the past 10 days; on July 14, four vessels, including energy-carrying ships, sailed out of the strait, while 10 cargo ships entered it.

Market sources say Pinterest is working with Nvidia to build a new artificial intelligence layer. According to ChainCatcher, no further details were provided about the scope or timing of the collaboration.

According to Nikkei Asia, Korean Air, South Korea's top carrier, will begin offering free in-flight Wi-Fi powered by SpaceX's Starlink on some flights starting Tuesday. The airline announced the service launch.

Both being buyback tokens, PONS is valued at only 0.9 times PE, while HYPE is valued at 29 times. Behind this steep valuation curve lies a pricing logic based on the certainty of cash flow and the degree of "validation".

Elon Musk endorsed Amodei's position on X, writing simply "Dario is right"

Altman announced that OpenAI is abandoning its 2026 IPO plan. Behind the cash black hole of 13 billion in revenue and 38.5 billion in net loss is a triple game of valuation, regulation, and computing power.

With zero-coupon convertible bonds and premium-converted shares, Zhipu has raised another $5 billion. After its bottomless cash burn, it's now betting its new story on self-trained models. Will the capital market still buy it?

In a rare move, Musk posted four messages within 48 hours, revealing his wariness towards AGI and stating that uncontrolled AI is more terrifying than nuclear weapons. Meanwhile, his xAI continues its rapid expansion of training and computing power.

Robinhood Chain has already achieved high trading volume and revenue, and its tokenized stocks, Launchpad, and DEX ecosystem are rapidly taking shape, but the real retail user dividend has yet to be released.

AI is breaking through mathematical problems one after another, and mathematicians such as Terence Tao and Strogatz are facing the edge of "losing the ability to understand human beings".

This article, written from the perspective of a case investigator, provides a brief overview of money laundering methods, fund types, and financial threats in the cryptocurrency money laundering field, aiming to help researchers from different countries better conduct intelligence gathering on Chinese-language money laundering networks.

Monday opened with a rude awakening. Bitcoin briefly fell below $77,000, retracing to the $76,000 level. The pressure on the market was weighed down by Wednesday's interest rate meeting.

The sarcastic remark "May you be happy being poor" is a thing of the past. This article maps crypto assets using three categories: crypto businesses that look at cash flow, honest memes based on consensus, and speculative markets that are purely speculative, and provides an operational framework for cyclical holding and short-term speculation.