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Stocks making the biggest moves after hours: Lululemon, Costco and more
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These are the stocks posting the largest moves in after-hours trading.

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Lululemon shares fall after company offers weak holiday quarter guidance
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Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.

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First Gen Z'er elected to Congress Maxwell Frost says he's struggling to rent an apartment in D.C.
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Member-elect Frost says taking on debt during his campaign brought down his credit score, making it difficult to get approved for a rental.

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'The worst is yet to come': the curse of high inflation
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Airfares on key routes to rise by as much as 25% in 2023 – Amex GBT
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Unilever mulls $3 billion sale of some U.S. ice cream brands – Bloomberg News
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Brazil risks losing control of the Amazon to organized crime, judge warns
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Argus Upgrades AT&T to Buy
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Calvin Klein owner PVH is a Top Idea for 2023 at UBS, stock 'underappreciated'
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Winter is coming: The 'best country in the world' is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays
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House Financial Services Chair Waters doesn't plan to subpoena Sam Bankman-Fried to testify at hearing on FTX collapse
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House Financial Services Chair Maxine Waters tells members there are no current plans to subpoena FTX founder Sam Bankman-Fried for his testimony.

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Judge to Hear FTC's Bid to Block Meta from Acquiring Virtual-Reality App Maker — WSJ
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Europe's free-travel zone set to welcome Croatia but bar Romania and Bulgaria
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EU markets watchdog raps national regulators over Brexit hubs
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French farmer wins $11,700 in Bayer pesticide fumes case
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After hours stock movers: GameStop, Rent the Runway, C3.ai, and more
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Manhattan renters face sticker shock with average rent at $5,200
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Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combined
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The award is particularly notable for Oracle, which isn’t among the top tier of companies operating cloud infrastructure services large customers.

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Apple announces plans to encrypt iCloud backups
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Apple announced on Wednesday that it plans to encrypt additional iCloud data on its servers, including full backups, photos and notes.

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Carvana shares tank as bankruptcy concerns grow for used car retailer
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Shares of Carvana plummeted by more than 40% after its largest creditors reportedly signed a deal binding them to act together in negotiations.

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‘Defense Is the Name of the Game’: Jefferies Suggests 2 High-Yield Dividend Stocks — Including One With 13% Yield
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Why This Market Rally Is So Dangerous; Tesla Nears Bear Lows On This Move
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FTX, Crypto Collapse Costs Taylor Swift a Huge Payday
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Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways
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Tech layoffs have been increasing in Southeast Asia as growth slows down. Existing investors are also pushing startups to extend their runways.

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