Nike Inc
3 takeaways from our daily meeting: Sticking by the 2-year Treasury, picking at chip stocks, and Club names in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The 2-year Treasury remains the right buy When to buy our chip plays Quick mentions: TJX, DIS, ABBV 1. The 2-year Treasury remains the right buy We’re saying good riddance […]
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Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others
Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season. The athletic footwear and apparel maker reported better-than-expected profit and revenue for its […]
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Why some analysts think investors should buy Nike after its latest earnings report
Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. On Thursday after the bell Nike announced results that beat top- and bottom-line estimates , but the stock slumped more than 9% as the company outlined extra […]
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5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, Sept. 28, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. A bang, or a whimper? The third quarter comes to a close Friday, and it couldn’t come any sooner for beaten-up stock markets. It’s been a terrible […]
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Inventory futures are up somewhat subsequent Thursday’s broad market-off
Stock futures were being up a bit Thursday evening subsequent a sharp sell-off that introduced the S&P 500 to a new 2022 lower. Futures for the S&P 500 ended up up .26%. The Dow Jones Industrial Normal futures were being up .17%. Nasdaq 100 futures were up .14%. The 2022 offer-off resumed in entire force […]
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Nike’s results offer a clue about the strong dollar and the upcoming earnings season
How has the strong dollar impacted big multinational companies this quarter? Nike ‘s results after the bell on Thursday may offer a good preview of what’s to come as earnings season kicks into a high gear in mid-October. The sneaker and apparel giant saw a currency headwind of about 6 percentage points in its fiscal […]
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Nike sales rise, but supply chain issues and inventories weigh on earnings
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as declining sales in Greater China, […]
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Walmart enters the metaverse with Roblox experiences aimed at younger shoppers
Walmart is entering the metaverse with two experiences premiering Monday on online gaming platform Roblox. The retail giant’s first foray into the virtual world will feature a blimp that drops toys, a music festival with hot artists, a bunch of different games, and a store of virtual merchandise, or “verch,” which matches what customers may […]
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Stocks could proceed skittish investing until curiosity rate go calms down
It really is historically the worst time of 12 months for shares, and that is additional than legitimate this yr, with wild swings predicted to continue until eventually desire rates tranquil down. The S & P 500 quickly broke under its June closing small of 3,666 Friday but rose back again previously mentioned it as […]
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Latinos are seeing the least amount of growth in corporate board representation, new findings show
Latinos are the second largest demographic population in the United States, but they are vastly underrepresented on corporate boards, according to a new report by the Latino Corporate Directors Association. “Sixty-five percent of Fortune 1000 companies lack Latinos, and Latinos are seeing the least growth of any other group,” Esther Aguilera, CEO of LCDA, told […]
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