Wall Street Breakfast Podcast: A Tough Stretch For Lululemon

Lululemon again cut full-year sales and profit guidance, citing softer demand in China and intensifying competition in the U.S., reinforcing a cautious near-term outlook for the retail apparel name. Separately, Tesla plans to offer Cybercab rides in Austin, Texas after a muted launch, a positive catalyst in timeline terms but without immediate evidence of strong demand. Overall, the mix skews toward near-term caution for consumer-facing equities.