Lululemon's Sales Dip, Big Banks Eye Tokenized Deposits, & Insider Selling Continues

1. Lululemon projects a decline in North America sales for Q2 and saw its shares drop 8% due to product launches failing to meet expectations.
2. Significant insider and major shareholder stock sales continue, including a $2.07 billion divestiture in Diamondback Energy and other large sales across several companies.
3. JPMorgan, Citi, and other major banks are planning to launch a tokenized deposit system by the first half of 2027, responding to the rise of cryptocurrency.