Nike Inc. News
Just Trade It? Nike Stock Sits on Critical Support After Earnings
Nike beat on earnings and revenue estimates, but the quarter wasn't flawless. Now shares sit on must-hold support.
Cathie Wood: I Erred On Inflation, But Recession is Here
Consumer prices soared 8.6% in the 12 months through May, a 40-year high.
Stock Market Today - 6/28: Stocks End Lower As Growth Bets Fade; Oil Marches Higher
Growth bets attempted to overtake inflation concerns Tuesday but stocks end lower as bond yields rise and crude prices fade.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake
Breaking News
Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Exxon Stock Jumps On Bets For Record Q2 Profits Amid Global Oil Price Surge
"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.
Summers, Others Cite Growing Chance of Recession
GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.