Nike Takes ‘Intentional’ Hit to Clear ‘Unhealthy Inventory’: Turnaround by Year-End

Nike Inc. (NYSE:NKE) surpassed third-quarter 2026 earnings expectations despite an aggressive inventory reset that pressured its top line, as executives chart a definitive path to complete the sportswear giant’s turnaround by the end of the calendar year. The ‘Intentional’ Inventory Reset Nike reported the third-quarter revenue of $11.3 billion and earnings per share of $0.35, […]

Wall Street’s Getting Nervous: Could Drop 25% If $150 Oil Scenario Slams Markets Hard

In light of the ongoing Middle East conflict, Morgan Stanley has decided to downgrade global equities while upgrading cash and U.S. government bonds. The firm, on Friday, adjusted its rating on global equities to “equal weight” from “overweight”, while raising U.S. Treasuries and cash to “overweight” from “equal weight,” reported Reuters. Strategists at the firm pointed out the increasing risk […]

Meta, Netflix, CrowdStrike and More on CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, named Meta Platforms, Inc. (NASDAQ:META) as his final trade. Meta shares fell on Thursday after the company was found liable in a landmark social media addiction case. A California jury on Wednesday concluded that Meta and Google, owned by Alphabet Inc (NASDAQ:GOOG), should […]

Microsoft, Nvidia Team Up to Build AI-Powered Nuclear Energy Future

Microsoft Corp (NASDAQ:MSFT) is expanding its AI ambitions through a new partnership with Nvidia Corp (NASDAQ:NVDA) while analysts remain bullish on its long-term growth potential. AI Push Targets Nuclear Bottlenecks Microsoft announced Tuesday that the company and Nvidia are teaming up to apply AI across the nuclear energy lifecycle, aiming to speed up permitting, design, […]

Battalion Oil Stock Falls as Trump’s Iran Pause Sends Crude Prices Tumbling

Battalion Oil Corp (NYSE:BATL) shares are trading lower Monday morning after crude prices plunged on a sharp geopolitical de-escalation signal that threatened to unwind one of the biggest recent tailwinds for oil producers. Here’s what investors need to know. Battalion Oil stock is among today’s weakest performers. What’s behind BATL decline? Trump Iran Pause Sparks […]

Bitcoin Defends $70,000 As Ethereum, XRP, Dogecoin Test Support In Jittery Market

Bitcoin trades around $70,000 as Bitcoin ETFs saw $90.2 million in net outflows on Thursday, while Ethereum ETFs reported $136.4 million in net outflows.   Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $70,467 Ethereum (CRYPTO: ETH) $2,141.49 Solana (CRYPTO: SOL) $89.39 XRP (CRYPTO: XRP) $1.45 Dogecoin (CRYPTO: DOGE) $0.09447 Shiba Inu (CRYPTO: SHIB) $0.056036 Meme coin market […]

Why Is Oklo Stock Falling Wednesday?

Oklo Inc. (NYSE:OKLO) shares came under pressure on Wednesday after the company reported weaker-than-expected earnings, even as it highlighted progress on a key regulatory milestone. Earnings Snapshot Oklo reported a loss of 27 cents per share for the fourth quarter, missing analyst estimates for a loss of 16 cents per share, according to Benzinga Pro. The […]

Nebius Secures Massive Meta AI Contract Worth Up To $27 Billion

Nebius Group N.V. (NASDAQ:NBIS) shares are up during Monday’s premarket session following the announcement of a long-term artificial intelligence infrastructure agreement with Meta Platforms Inc. (NASDAQ:META). The agreement could reach a total contract value of up to $27 billion, significantly expanding the companies’ collaboration in AI cloud computing. The five-year agreement will see Nebius supply […]

Newsletter

Nike Takes ‘Intentional’ Hit to Clear ‘Unhealthy Inventory’: Turnaround by Year-End

April 1, 2026

Nike Inc. (NYSE:NKE) surpassed third-quarter 2026 earnings expectations despite an aggressive inventory reset that pressured its top line, as executives chart a definitive path to complete the sportswear giant’s turnaround by the end of the calendar year. The ‘Intentional’ Inventory Reset Nike reported the third-quarter revenue of $11.3 billion and earnings per share of $0.35, […]
Read More