Futures are pointing to a lower Wall Street open, with China ramping up its rhetoric in the ongoing trade dispute with the U.S.
in Missouri's capital city as severe weather swept across the state overnight, causing at least three deaths and injuring nearly two dozen people as homes and businesses were ripped apart. L Brands reported quarterly profit of 14 cents per share, surprising analysts who had expected a breakeven quarter. The Victoria's Secret parent also raised its outlook for the full year, on the heels of record results for its Bath & Body Works unit.
NetApp reported fiscal fourth-quarter profit of $1.22 per share, falling short of estimates by 4 cents. Revenue also missed. The data storage company gave a weaker-than-expected forecast, though it did raise its quarterly dividend. Harley-Davidson executive Larry Hund told the Wall Street Journal that expanding its loan operation will be a key part of the company's strategy to attract new and younger motorcycle buyers, as it plans to introduce 100 new models through 2027.
Spotify has notified an unspecified number of users that it has reset their passwords, according to a Tech Crunch report. The music streaming service said the reset was due to "detected suspicious activity" but did not elaborate. Tyson Foods is in talks to invest billions in Kazakhstan to avoid Chinese tariffs, according to the Financial Times. The talks are set to center around setting up a beef-processing plant, with an initial investment of $200 million.If you're heading out of town for Memorial Day weekend, try to sneak out at lunch to avoid the traffic. AAA is expecting a
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