Nike Shares Plunge
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CNBC - Business
Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness
Nike has found itself in a rough patch as the sneaker giant has worked to claw back market share it's ceded to upstarts like On Running and Hoka.China -
The Wall Street Journal - Business
H&M Shares Plunge on Worsening Outlook
Hennes & Mauritz’s shares fell 13% after it made a weak start to its third quarter and warned that its performance would be hurt by rising raw material costs and adverse currency moves. -
Financial Times - Business
Nike shares tumble 20% as sales warning rattles retailers
Sportswear maker says it is taking aggressive action to reorganise inventory after weaker than expected quarter -
The Wall Street Journal - World
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall.
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall. -
The Wall Street Journal - World
Hennes & Mauritz's shares plunged 13% after it made a weak start to its third quarter and warned about rising raw material costs and adverse currency moves.
Hennes & Mauritz’s shares plunged 13% after it made a weak start to its third quarter and warned about rising raw material costs and adverse currency moves. -
The Wall Street Journal - World
Nike shares tumbled 20% in their worst day on record, dragging down the Dow and S&P 500, which fell 0.1% and 0.4%, respectively. The Nasdaq lost 0.7%.
Nike shares tumbled 20% in their worst day on record, dragging down the Dow and S&P 500, which fell 0.1% and 0.4%, respectively. The Nasdaq lost 0.7%. -
Financial Times - World
Why the far right’s win plunges France into deep uncertainty
Also in this newsletter: the Socialists’ message to Ursula von der Leyen -
The Wall Street Journal - World
U.S. Soccer Plunged Into Crisis After Another Tournament Failure
The Americans crashed out of the Copa America on Monday, raising questions about the future of coach Gregg Berhalter and the makeup of the team that will co-host the 2026 World Cup -
The Wall Street Journal - Business
How Nike Missed the Boom in Running Culture
Runners say the sneaker giant has stepped back from the community, opening the door for Hoka, New Balance and others. -
The Wall Street Journal - World
Nike's Warning Shakes European Footwear Stocks
Puma, Adidas and JD Sports shares fell after peer Nike warned that sales for fiscal 2025 are expected to fall, lagging the industry. -
The Wall Street Journal - World
Nike's Slow Recovery Is Testing Investors' Patience
Nike’s pullback from popular shoe lines is hurting its sales, and its new line of products likely won’t make a big difference until next year. -
NBC News - Top stories
Nike expects more sales declines as it attempts a comeback
Shares of Nike plunged after the sneaker giant cut its full-year guidance and said it expects sales to drop 10% during its current quarter. -
MarketWatch - Business
Nike’s stock sees biggest drop ever as some analysts question company’s leadership after downbeat forecast
As Nike shares ended Friday with their biggest drop ever following the sneaker maker’s pessimistic outlook a day earlier, Wall Street analysts were retrenching — with some even questioning the company’s management. -
Inc. - Business
Nike’s Edit and Amplify Strategy + Leveraging AI: Transforming Your Workplace Culture
How AI-driven insights and focused strategies can transform employee experience and drive inclusion. -
Inc. - Business
Nike fans operating on a budget will now have more shoe options
The sports apparel company is altering its product lineup to get sales back on track. -
CNBC - Business
Walgreens stock plunges as drugstore chain slashes profit guidance in 'challenging' consumer environment
The results and guidance cut come as Walgreens works to slash costs by closing underperforming U.S. stores, among other measures. -
The Wall Street Journal - World
Dow Slips; Tesla Jumps After Deliveries Beat Forecasts
The three major indexes were split between small gains and losses in morning trading.Tesla -
MarketWatch - Business
Nike wants to sell fewer classic sneakers, roll out more new ones in bid to revive demand
Shares of Nike Inc. tumbled after hours on Thursday after the athletic-wear giant dimmed its expectations for the year as it grapples with wobbling consumer demand, cuts production on lower-selling classic sneakers and waits for potential gains ... -
CNBC - Business
Nike CEO John Donahoe comes under fire as stock sees worst day on record
Nike's CEO John Donahoe has helmed the sneaker giant for nearly five years, but under his watch, its stock has underperformed and its lost market share. -
CBS News - Top stories
Political strategists share takeaways from Trump-Biden debate
Democratic political strategist and CBS News political contributor Joel Payne and communications manager and former Marco Rubio campaign strategist Terry Sullivan give insight into how presidential candidates prepare for debates, share takeaways ...Joe Biden -
The Wall Street Journal - Business
Walgreens Plans Major U.S. Store Closures; Shares Tumble
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered its guidance for the full year. -
MarketWatch - Business
Roaring Kitty posts cryptic dog image, and shares of Chewy, GameStop react
In his latest social-media post, influential trader Keith Gill, also known as Roaring Kitty, on Thursday posted an image of a dog, marking the latest in a series of cryptic posts on X. -
CNBC - Business
Chinese automakers expected to achieve 33% global market share by 2030
Chinese automakers are expected to continue rapidly expanding outside of China to achieve 33% of the global automotive market share by 2030. -
CNBC - Business
DJT shares close down nearly 11% after Biden stumble in Trump presidential debate
Some Democrats said President Joe Biden needs to exit the White House race against Donald Trump after his debate performance. DJT stock may benefit.Joe Biden -
ABC News - Tech
Shares of Trump Media swing wildly after first US presidential debate, fall 10%
Trump Media fell more than 10% Friday after the first U.S. presidential debate, demonstrating another of the wild swings that have made its stock one of the more volatile on Wall StreetDonald Trump -
The Guardian - World
‘It is a religion here’: India united by shared love of cricket – photo essay
Before India’s T20 World Cup final against South Africa, photojournalist Frédéric Noy looks at the role that cricket plays on the sub-continent. According to Ashis Nandy, an Indian political psychologist, “cricket is an Indian game accidentally ... -
MarketWatch - Business
Cassava Sciences shares fall after onetime advisor indicted on fraud charges
Shares of biotech company Cassava Sciences Inc. plummeted on Friday after a federal grand jury indicted a onetime science advisor to the company and charged him with falsifying data to obtain millions of dollars in government funds -
Yahoo Sports - Sports
Aiyuk shares honest response to 49ers' contract offer being leaked
Brandon Aiyuk shared his emotions after the details from his 49ers' contract offer were released.NFL -
ABC News - Sports
NASCAR driver Bubba Wallace not sharing details of last altercation with Aric Almirola
Bubba Wallace refused to discuss the details of the physical altercation in late May that led to the suspension of Aric Almirola by Joe Gibbs RacingNASCAR -
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Financial Times - World
Harland & Wolff shares suspended after delay to annual results
Belfast shipbuilder cites ‘ongoing discussion’ with auditors over revenue recognition for hold-up -
The Wall Street Journal - World
'Roaring Kitty' Discloses 6.6% Stake in Chewy
Keith Gill’s stake was disclosed days after he posted an image of a dog on his X account. -
MarketWatch - Business
Maersk shares jump on decision to scrap plans for DB Schenker takeover
The Danish shipping giant’s CEO said Maersk had decided to withdraw from the sales process after identifying challenges with integrating the German logistics company. -
NBC News - Top stories
Chewy shares take the meme stock ride as 'Roaring Kitty' trader reveals stake
The stock price of online pet retailer Chewy went for a ride on Monday after one of the internet's most-followed investors revealed that he had bought up shares in the company. -
The Hill - Politics
'Boommates': Many Baby Boomers are turning to home-sharing to tackle unaffordable housing
Story at a glance (NewsNation) — Many Baby Boomers are turning to home-sharing amid high inflation and rising housing costs, marking a rise in what people are calling "boommates." Oftentimes, retired homeowners are renting out their extra rooms to ... -
CNBC - Business
Shares of Wells Fargo and Morgan Stanley rise on plans to raise their dividends
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. -
CNBC - Business
Tesla shares soar on better-than-expected Q2 deliveries report
Tesla's delivery numbers for the second quarter beat Wall Street estimates.Tesla -
NBC News - Top stories
Tesla shares rise on better-than-expected Q2 deliveries report
Tesla on Tuesday posted its second-quarter vehicle production and deliveries numbers for 2024, beating analysts expectations.Tesla -
CNBC - Business
SoftBank shares rise on $1.86 billion debt offering as CEO talks up 'super' AI
Softbank, which has a huge technology investment arm called the Vision Fund, has suggested it is looking to ramp up investments in artificial intelligence. -
Yahoo Sports - Sports
WNBA great A'ja Wilson shares major praise for Angel Reese after Sky, Aces game
One of the best players in the WNBA is impressed with Chicago Sky rookie Angel Reese. The Sky played their first game of the season against the back-to-back champion Aces on Thursday, and after the game, 2023 Finals MVP A’ja Wilson complimented ...WNBA