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Alphabet, Google's parent company, has officially crossed the $3 trillion market capitalization mark, cementing its place among the world's most valuable corporations. The achievement puts Alphabet alongside Apple, Microsoft, and Nvidia in the exclusive "$3 trillion club."

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Jaguar Land Rover (JLR) is still grappling with the fallout from a cyberattack that struck its systems over a week ago, with UK production facilities now slated to remain closed until at least Wednesday. The attack has impacted car plants at Halewood and Solihull, its Wolverhampton engine facility, and additional production sites in Slovakia, China, and India, forcing a widespread operational shutdown.

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Lululemon shares plummeted on Thursday after the company warned that President Donald Trump's tariffs and the closure of a duty-free loophole would significantly impact its business. The Canadian company estimates the new US levies and the end of the "de minimis" exemption will cost it roughly $240 million this year. The now-closed exemption allowed companies to ship online orders worth $800 or less into the US duty-free.

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French luxury group Kering has taken a cautious step in its efforts to manage its financial future, delaying the full acquisition of Italian fashion house Valentino until at least 2028. The company, owner of Gucci, had previously struck a deal in 2023 to purchase Valentino from the Qatar-backed Mayhoola fund, but under a revised agreement, both parties agreed to push back the timeline.

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Authorities have dismantled what anti-piracy experts are calling the world’s largest hub for illegal live sports streaming. Streameast, a site that drew more than 1.6 billion visits in the past year, was shut down this week following a joint operation between the Alliance for Creativity and Entertainment (ACE) and Egyptian police.

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