Market Update: Gap Struggles with Tariffs, Ulta Surges, Dell Boosts Forecast

Reported 2 days ago

Gap's stock drops significantly after announcing potential tariff costs of up to $300 million, despite better-than-expected first-quarter results. Ulta raises its annual profit outlook due to strong beauty demand, with shares climbing over 11%. Dell also increases its full-year outlook, citing high demand for AI-driven servers, although its stock decreases slightly.

Source: YAHOO

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