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The stock of Nike (NKE) is up 15% after the sneaker maker delivered strong quarterly financial results and outlined plans to mitigate the impacts of tariffs on its business.
With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.
As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting ...
The S&P 500 climbed roughly 3% to a record close and its first all-time high since February. The Nasdaq Composite rose about 4%, also hitting a fresh record, as investors continued to pile into ...
Stock and bond markets will close early on Thursday and remain closed all day Friday for the Independence Day holiday. The U.S. jobs report, scheduled for release on Thursday, leads several labor ...
Carlo Aragon started the ‘Salomonology’ Instagram page as a fashion moodboard to help him decide whether to invest $150 in a pair of Salomon XT-6s.
The company's renewed focus on sports is starting to show signs of progress, with its running category a particular bright ...
Lake Street analyst Mark Smith lowered the firm’s price target on American Outdoor Brands (AOUT) to $19 from $20 and keeps a ...
After The Wall Street Journal reported that CoreWeave (CRWV) is in talks to acquire Core Scientific (CORZ), Jefferies analyst Jonathan Petersen contends that the combination of the two “makes ...
Years in Global Investing | Career & Leadership Advice from the Nontraditional Path The S&P 500 Index reaches a new intraday ...