Latest News
Nike's One Piece Drop Tests Direct Sales Recovery After Digital Slide
Nike launches its One Piece-inspired Air Max Plus collection as digital sales fell 12% in Q4. The limited drop tests consumer demand amid a broader direct-channel slump.
Mortgage Rates Dip Slightly, Offering Homebuyers Marginal Relief
Mortgage rates edged down 2 basis points to 6.65%, but the savings for buyers are minimal. New-home sales data due Tuesday will provide fresh demand signals.
Strategy's 33% Rebound Faces $2B Dilution Test
Strategy sold $2.01B in new shares last week, boosting cash to $6.69B but buying no bitcoin. MSTR surged 33% since Aug 18, yet dilution tests the rally.
Delta Flight Diversion Minimal Impact as Stock Holds Steady
Delta Air Lines stock closed nearly unchanged after Flight 182's safe diversion, as investors view the engine issue as an isolated operational event with minimal financial impact.
Colombia's $9.6B Quake Bill Strains Bonds as Peso Holds Firm
Colombia's earthquake recovery is estimated at $9.58 billion, pressuring bonds as yields rise 30 bps. The peso remains firm, supported by steady coffee exports and high interest rates.
Sugar Futures Retreat as India Blames Speculation for Rally
Sugar futures slid 1.56% to 17.34 cents/lb after India's sugar industry denied a supply crunch, attributing the recent rally to speculation.
Bell Canada 911 Outage Raises Network Concerns Amid Spending Surge
A fiber line outage disrupted 911 service for Bell customers in 18 Labrador communities, following a July Manitoba failure. BCE's Q2 capex surged 41.5%, while free cash flow fell 9.5%.
Rightmove Shares Slide as UK High-Value Property Tax Details Emerge
Rightmove shares dropped 1.37% as HMRC said most homes worth over £2m will be assessed remotely for the new annual surcharge, which starts in 2028.
