Nike Inc
Europe stock markets set for muted open ahead of central bank bonanza
European markets are heading for a cautious open Thursday, with major bourses set to open nearly flat as investors await monetary policy announcements from the Bank of England, Swiss National Bank and Sweden’s Riksbank. The flurry of European activity comes after the U.S. Federal Reserve on Wednesday held its key rates, while indicating two quarter […]
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AI scammers on Amazon duped investors out of millions with ‘passive income’ scheme, FTC alleges
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of […]
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A big markets week lies ahead that could determine whether this correction turns into a bear
The roller coaster ride that is the stock market lately is unlikely to come to an end anytime soon, with investors desperate for any clarity on the macroeconomic picture that could put a bottom in for equity prices. Wall Street is headed for a big week ahead, with economic data set to be scrutinized by […]
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Ad spending on women’s sports more than doubled last year
The New York Liberty celebrate after winning the 2024 WNBA Finals at Barclays Center. Wendell Cruz | Usa Today Sports Via Reuters Con Women’s sports enjoyed a marquee year across the board in 2024, but especially in television advertising, according to TV marketing firm EDO. In a report released Tuesday, EDO found that TV advertisers […]
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Foot Locker results show the sneaker industry — and Nike — still have more pain ahead
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its reset and relies on markdowns to clear through stale inventory. The footwear giant delivered mix results for its holiday quarter, beating Wall Street’s expectations on earnings but falling short on sales. In […]
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Adidas’ fourth-quarter sales top expectations as final Yeezy stock sold off
An Adidas flagship store at Nanjing Road Pedestrian Street in Shanghai, China. Cfoto | Future Publishing | Getty Images Adidas on Wednesday reported an uptick in fourth-quarter sales that exceeded expectations, as the retailer sold off the last of its remaining Yeezy stock, but pointed to slower revenue growth in the year ahead. The German […]
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Stocks making the biggest moves midday: Berkshire Hathaway, Robinhood, Nike, Palantir and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares of Warren Buffett’s conglomerate jumped nearly 4% following a strong earnings report . The conglomerate said its operating profit skyrocketed 71% to $14.5 billion in the fourth quarter, led by a 302% jump in insurance underwriting. Auto insurer Geico had […]
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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Stocks making the biggest moves midday: Intel, Walgreens Boots Alliance, Nike, Super Micro Computer and more
Check out the companies making headlines in midday trading. Super Micro Computer — The server builder surged 11%, extending its 32% rally from last week after CEO Charles Liang said he is “confident” the company can file its delayed annual report by the Feb. 25 deadline. Constellation Brands — The booze stock jumped 4.4% after […]
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