Tag: Nike Inc
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Nike shares plummet 10% after weak revenue outlook and layoff plans underway
Nike’s shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.
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CNBC Daily Open: Three’s a crowd: U.S. carrier buildup in Middle East sends oil spiking
Washington has reportedly deployed a third aircraft carrier to the region, raising prospects of an escalation of tensions in the region.
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Nike’s new Caitlin Clark shoes are already almost sold out
Nike’s Caitlin 1s, the first signature shoe for Indiana Fever basketball star Caitlin Clark, have nearly sold out less than two hours after their U.S. release.
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Ken Griffin pledges $3 billion to Carnegie Mellon University in ‘historic’ gift
Citadel CEO Ken Griffin is committing $3 billion to Carnegie Mellon University, a “historic” gift that includes $2 billion to establish a new Miami campus.
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Most traders are looking at Micron into earnings. But don’t count out Nike
Micron reports Wednesday after the bell and Nike results are out Thursday after the close.
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Nvidia’s new AI platform, Nor’easter flight delays, NFL’s drone focus and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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‘Risks are rising’ for Nike’s turnaround, Bank of America says. Sell shares now
Nike is facing challenges that are very risky as it attempts to turn around its struggling business, making its stock a sell, according to Bank of America.
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Stocks making the biggest moves premarket: Akamai, Synopsys, Nike & more
These are the stocks posting the largest moves premarket.
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CNBC Daily Open: Nothing artificial about ‘Super Intelligence’
President Donald Trump seeks to rebrand AI ahead of his meeting with China’s Xi Jinping, while rejecting a “globalist scheme” to regulate the technology.
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Soccer superstar Kylian Mbappé on ending 20-year journey with Nike: ‘It was time to change’
Soccer Champion Kylian Mbappé said he was ready for “change” after ending his association with Nike and entering a deal with Swiss sportswear brand On.
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