Nike Inc
Another late-night Trump trade twist — just hours before the world hit go
Another day, another deadline and another trade curveball from U.S. President Donald Trump just before the buzzer. The tariff deadline was set for August 1. Markets were watching. Countries were calculating. And then, right before midnight (well, UK time), came another announcement: 40% tariffs on transshipped goods, new rates for dozens of nations, and yet another reshuffling of Trump’s […]
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Nike loses head of North America women’s business to Athleta
A Nike and Athleta store. Kylie Cooper | Reuters | Michael Brochstein | SOPA Images | LightRocket | Getty Images Gap’s Athleta has tapped the head of Nike’s women’s business in North America as its next CEO, delivering a blow to the sneaker company as it tries to win back more female shoppers. Maggie Gauger, […]
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Stocks making the biggest moves midday: Tesla, Nike, Revvity, Anheuser-Busch and more
Check out the companies making the biggest moves in midday trading: Beer stocks — Brewing stocks are trading lower as investors weigh the effect of the U.S.-European Union trade deal. While some say the details are not as bad as feared, there is still concern about consumer demand after Heineken said it anticipates flat sales […]
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Stocks making big premarket moves: Cheniere Energy, Nike, Kratos, ASML and more
Check out the companies making the biggest moves in premarket trading: Energy stocks — Many companies jumped after the European Union agreed to buy $750 billion worth of U.S. energy as part of a trade deal. Shares of Venture Global climbed 6%, New Fortress Energy rose 5%, Cheniere Energy and NextDecade rallied nearly 4%, Eaton […]
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Here’s where Walmart prices are changing — and staying the same — as Trump’s tariffs hit
A family shops in a Walmart Supercenter on May 15, 2025 in Austin, Texas. Brandon Bell | Getty Images SECAUCUS, N.J. — As customers walk the aisles of Walmart stores, there are some early signs that higher tariffs are changing pricing. The nation’s largest retailer warned in May that it would have to raise prices […]
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The CEO mindset is shifting. It’s no longer all about winning
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992. Pascal Rondeau | Hulton Archive | Getty Images CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real […]
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Retailers avoided a worst case scenario in Vietnam. But executives say Trump’s trade deal could still hit consumers
The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam tariffs. But some executives believe the tentative trade deal President Donald Trump announced Wednesday is still bad for business and could have a chilling effect on consumer spending. “It’s a lot better news than where […]
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CNBC Daily Open: Wall Street disregards job losses to focus on cheaper shoes from Vietnam
White Nike sneakers on June 26, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images If I had to choose between having a job and paying less for Nike shoes, you’d see me run barefoot to the office. Wednesday’s market moves, however, suggested that Wall Street preferred the cheaper shoes. […]
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Stocks making the biggest moves midday: Tesla, Centene, Robinhood, Nike and more
Check out the companies making headlines in midday trading Robinhood — The brokerage stock climbed 7% as traders speculated that it could soon be added to the S & P 500. A spot in the index was opened by Hewlett Packard Enterprise’s acquisition of Juniper Networks, which officially closed on Wednesday. Tesla — Shares of […]
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Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better than feared fiscal fourth-quarter earnings report. Nike on Thursday reiterated it would take the biggest financial hit from its turnaround plan during the quarter, soothing investors who worried President Donald Trump’s tariff hikes on […]
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