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The cosmetics company cited higher gas prices hitting Gen Z spending as a factor behind the planned price reductions.
Nvidia posted adjusted earnings of $1.87 per share and revenue of $81.62 billion in its latest quarterly report, topping Wall Street expectations.
The offering, targeting a Nasdaq listing under ticker SPCX, would more than triple the size of the largest U.S. IPO ever recorded.
A Bank of America analyst says Nvidia has returned only 47% of its free cash flow through dividends and buybacks, compared with roughly 80% for comparable companies.
The retailer also raised its annual revenue guidance by 2 percentage points, now projecting roughly 4% growth for the full year.
Xi warned Trump that U.S. interference in Taiwan could trigger direct clashes between the two countries, while analysts say a $14 billion arms package was at the center of the discussions.
The yield on the U.S. 30-year Treasury bond reached its highest level since 2007 as the conflict keeps the Strait of Hormuz largely closed.
Jonathan Andic, 45, was the sole witness when his father fell 500 feet from a cliff near Barcelona in December 2024.
Louisiana Sen. Bill Cassidy's surprise defection allowed a resolution to halt military action in Iran to pass 50-47 in a preliminary vote.
SpaceX, valued at $1.25 trillion, could make its prospectus public as soon as Wednesday after confidentially filing with the SEC last month.
The quantum computing company brought in $4.4 million in the first quarter of 2026, but its research and development costs alone topped $20 million.
A Bank of America survey of fund managers found investors are at their lowest cash levels since February 2024, a signal the firm says points toward a coming market swoon.
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