Tag: Breaking News: Business
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Nike was once China’s sneaker king. Here’s why its sales have fallen 30%
China was once Nike’s fastest-growing region but the company has lost relevance among young consumers and ceded market share to smaller, domestic brands.
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Jim Cramer says Wall Street is fleeing the AI trade and buying these stocks instead
CNBC’s Jim Cramer said investors are rotating out of memory-chip winners and into companies with growth outside the data center buildout.
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Shein says it’s under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO
Shein disclosed the FTC is investigating its U.S. business, but the nature of the probe is unclear.
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The future of Wall Street is here as startups and brokers build AI agents to trade 24/7
Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by humans.
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Boeing posts bigger loss than expected as Air Force One costs weigh on results
Boeing took a $280 million charge on its long-delayed Air Force One program.
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Coca-Cola is about to report earnings. Here’s what to expect
Coca-Cola stock has risen 19% this year, outstripping the gains of the S&P 500.
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UPS beats earnings expectations, raises full-year guidance
UPS beat Wall Street expectations and raised its full-year guidance in its second-quarter earnings report Tuesday.
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JetBlue overhauls fare options, from basic first to flexible economy. Here’s what to know
JetBlue is doing away with its “Core” product and putting economy tickets under a new name.
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CME launches single stock futures enabling investors to trade SpaceX, Micron and others 23 hours a day
CME Group on Monday launched cash-settled single-stock futures on 55 U.S. equities, along with micro-sized contracts on 22 names.
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FedEx is chasing the GLP-1 boom. Why healthcare logistics means big business
The push marks FedEx’s latest move to bolster business-to-business healthcare shipping, one of the four B2B verticals the company has prioritized.
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