Nike

Nike (NYSE: NKE) was trading down 5% in pre-market action after reporting lower than expected revenues last quarter and slashed its revenue projections. The company cited high demand for its athletic gear, but the broken supply chain is giving Nike issues in Vietnam and Indonesia. However,...

For many, Nike’s (NYSE: NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray...

On Thursday, first-quarter results revealed that the global supply chain havoc has harmed Nike (NYSE: NKE) more than expected. Moreover, longer transit times, labor shortages, and prolonged factory closures due to lockdowns in Vietnam where the sneaker giant produces approximately half of its...

On Monday, the Chinese e-commerce giant scrambled to contain a sexual assault scandal that has thrown it into the middle of the #MeToo movement that has been slowly taking place in the country. Now, besides being pressured by the country's regulators with the rest of the tech giants, its...

Payments services provider Square (NYSE: SQ) announced on Sunday night that it was acquiring Afterpay for approximately $29 billion in stock. The deal is an all-stock transaction, with Square acquiring all the issued shares of Afterpay, pending a court-approved "Scheme of Arrangement." A Scheme of...

Last Friday was when the bottom began to fall out. A week later, things feel very different as earnings continue to hold the day. We’re on pace for the S&P 500 Index (SPX) to be up 1% for the week if things don’t head lower today, which is pretty amazing when you consider...

This is an excerpt from Monday's (6/28) Point of Sale retail supply chain newsletter sponsored by ArcBest. Executives across retail apparel are confidently stating their companies are emerging from the pandemic stronger and better positioned than they entered it, but I question how many actually...

Last Thursday, Nike (NYSE: NKE) reported fiscal fourth-quarter earnings and sales that topped analysts' estimates, fueled by record revenue in its largest market, North America. The sports retailer also provided a better-than-expected sales outlook for the upcoming year, driven by optimism...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work and learn...

Biggest Earnings Reports Earnings haven't been at the forefront of investors' minds but there were still a few reports worth mentioning. Nike (NYSE: NKE) did not only just ‘DO IT', it rocked its fiscal fourth-quarter earnings report, causing its shares to surge 14% upon the reveal...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Traders can quickly generate Credit Spread strategies on Options AI based around the expected move of a stock, a specific...

While you never want to spike the ball on the five-yard line, the stock market has a green tint this morning amid news of progress on an infrastructure deal. It’s got the market excited and is probably the main impetus for stocks being up so much overnight. Obviously, people have had their...

Well, how about that? The little “rally that could” continues. After four down days in a row to end last week, things got on a bit of a roll here. Major indices rose Monday and Tuesday, and continued to look steady in the pre-market hours Wednesday.  It’s a bit disheartening...

Talk about snapping right back.  Major indices rose just a bit in pre-market trading this morning, nothing too spectacular, but Monday’s surge was the best day in three months after a four-day losing stretch. Basically, stocks are back to where they were before Friday’s plunge as...

With “Fed week” out of the way, investors might have thought they’d get a break from monetary policy and more wild market swings in the days ahead. No dice.  An incredible 14 Fed speeches are scheduled this week following a big turnaround in a wild overnight session Monday....