Breaking News: NKE – Market Insights, Analysis & Latest Updates

After-hours movers: FedEx, Nike, U.S. Steel and more

FedEx and Nike saw significant stock increases after positive announcements, while U.S. Steel's stock fell due to lowered earnings guidance.

investing.com • 19/12/2024 - 21:41 PM

NKE

Nike Q2 results top estimates

Nike's Q2 earnings beat estimates with EPS of $0.78 on $12.4B revenue, despite a sales decline fueled by increased discounts and weak performance in China.

investing.com • 19/12/2024 - 21:31 PM

NKE

Nike earnings beat by $0.13, revenue topped estimates

Nike's Q2 earnings exceeded estimates, with EPS at $0.78 and revenue at $12.4B. Stock down 10.89% in 3 months, 36.51% in 12 months.

investing.com • 19/12/2024 - 21:17 PM

Morning Bid: Markets fear Fed floor at 4%, dollar booms

The article discusses market reactions to the Fed's policy changes, inflation forecasts, global central bank decisions, and recent declines in major U.S. stock indices.

investing.com • 19/12/2024 - 11:15 AM

NKE

New Nike CEO Hill gets his chance to lay out turnaround plan

Elliott Hill, Nike's new CEO, faces pressure to showcase a turnaround plan amidst declining sales and market share losses as the company adjusts its strategy.

investing.com • 18/12/2024 - 19:56 PM

NKE

Wells Fargo cuts Nike price target on weak demand

Wells Fargo cuts Nike's price target to $92, citing weak sales, order cuts, and declining social media engagement, while maintaining an optimistic long-term outlook.

investing.com • 16/12/2024 - 15:29 PM

Dow Jones, Nasdaq, S&P 500 weekly preview: December FOMC, slew of economic data

The DJIA experienced its longest losing streak since 2020. Upcoming Federal Reserve meeting expected to cut interest rates, while major earnings and economic reports are anticipated.

investing.com • 16/12/2024 - 11:54 AM

Dow Jones, Nasdaq, S&P 500 weekly preview: December FOMC, slew of economic data

The Dow Jones fell for the seventh day, facing pressure ahead of a likely Federal Reserve rate cut, while Nasdaq showed slight gains amid investor anticipation for upcoming economic reports and earnings.

investing.com • 16/12/2024 - 11:54 AM

NKE

Nike set to beat earnings, fall short on guidance, Morgan Stanley says

Nike Inc is likely to see slight earnings growth amidst revenue challenges, with concerns over inventory management and declining sales impacting near-term outlook under new CEO Elliott Hill.

investing.com • 13/12/2024 - 13:43 PM

Maersk sees global trade growth rising as much as 7% in 2025, exec says

Maersk forecasts global trade growth of 5-7% for 2024, driven by U.S. demand, potential port strikes, and changes in order routing strategies.

investing.com • 12/12/2024 - 21:54 PM

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