NKE
NYSE · Textiles, Apparel & Luxury Goods
Nike Inc.
$42.38
-0.81 (-1.88%)
NKE News30 articles
Wall Street Ends Higher on Iran Deal Optimism and Falling Oil Prices
The Dow Jones surged 353.42 points Friday, buoyed by optimism over a potential U.S.-Iran peace deal and declining oil prices, but inflation concerns persist ahead of the Fed's meeting next week.
Dow Rebounds 930 Points as Oil Plunges After Trump Halts Iran Strikes
The Dow surged 930 points as oil prices dropped sharply after President Trump called off planned strikes on Iran, soothing geopolitical fears. Honeywell, Boeing, and Caterpillar led the gains.
Nasdaq Drops 1.2% as Tech Selloff Widens; Dow Flat
Tech stocks plunged, dragging the Nasdaq down 1.21% as investors sold AI and chip shares ahead of key inflation data and after President Trump called for a response to Iran.
Dow Jones Rises on Tech Rebound, but Inflation Data Looms
The Dow Jones Industrial Average closed higher Tuesday, buoyed by a tech sector rebound and lower oil prices. Investors are now focused on upcoming inflation data and the Federal Reserve meeting.
Nike Nears 52-Week Low on Turnaround Doubts Ahead of Key Earnings
Nike shares fell 4.8% to $43.73, approaching a 52-week low, amid skepticism over CEO Elliott Hill's turnaround plan ahead of the critical June 30 earnings report.
Dow Edges Higher as AI Optimism Offsets Inflation Jitters
The Dow Jones gained 149 points on Tuesday, propelled by AI enthusiasm that outweighed inflation and rate worries. Investors now look to Friday's payrolls for direction.
Nike Stock Retreats After Brief Recovery, Awaiting Q4 Earnings
Nike shares fell 2.41% on Friday, halting a brief rally. The stock remains near its 52-week low as the market looks ahead to a critical Q4 earnings report on June 30.
S&P 500 and Nasdaq Rise as Dow Slips on Inflation Data and Ceasefire Hopes
The Dow slipped 0.08% Thursday, lagging the S&P 500 and Nasdaq, which rose on U.S.-Iran ceasefire hopes. Core PCE inflation hit 3.3%, and GDP growth was revised down to 1.6%.
Dow Hits Record High as Oil Plunges; AI Stocks Take a Breather
The Dow Jones Industrial Average closed at a record high of 50,650.76 on Wednesday, lifted by healthcare and consumer stocks, as oil prices tumbled and AI-related shares cooled.
Lululemon Rises on Governance Pact with Founder Chip Wilson
Lululemon shares rose 4.5% after settling a board dispute with founder Chip Wilson, adding two new directors ahead of a CEO transition and Q1 earnings.
Asian Markets Brace for Key Week as Oil, Yields, and AI Dominate
Asian markets enter a crucial week with oil above $103, US yields at 4.558%, and AI optimism from Nvidia and Lenovo. China cracks down on cross-border brokers, while key data includes US PCE and Tokyo CPI.
Asian Markets Rally on US-Iran Talks, Nikkei Nears Record
Asian shares advanced Friday, with Japan's Nikkei jumping 2.8% toward a record high, fueled by hopes for US-Iran diplomacy, while oil remained near $105 and the yen stayed weak.
Lloyds, SpaceX IPO, and Market Divergence Lead Today's Financial News
Lloyds Banking Group shares have risen 22% in the past year, showcasing strong dividend power. SpaceX files for a landmark IPO, while market divergence highlights tech optimism versus inflation concerns.
Nike Stock Rises on Macro Tailwinds, But Analysts Remain Wary of Turnaround
Nike shares climbed on macro tailwinds, but analysts remain cautious as quarterly revenue was flat, net income fell 35%, and market share slipped to 22.9%.
Under Armour Turnaround Hits Investor Skepticism as Profit Forecast Falls Short
Under Armour shares tumbled nearly 20% after the company's fiscal 2027 profit forecast of 8-12 cents per share fell far short of analysts' 23-cent estimate, raising doubts about the turnaround.
Lululemon's Slump Tests Investor Faith in Turnaround Plan
Lululemon shares fell to a 52-week low as weak North America sales, margin pressure, and CEO transition uncertainty test investor patience.
Nike Stock: Institutional Buying vs. Rising Short Interest
Nicholas Company reported a 123,652-share Nike stake worth $6.53 million as of March 31, while short interest rose to 4.67% by May 1. Wells Fargo downgraded Nike, citing GLP-1 drug risks.
Anta's Global Ambitions: From Chinese Roots to Western Rivalry
Anta Sports reports strong 2025 revenue growth, acquires a stake in Puma, and opens a U.S. flagship, challenging Nike's dominance in China and global markets.
Nike Cuts 1,400 Tech Jobs Amid Restructuring to Revive Growth
Nike eliminates 1,400 positions, mostly in technology, as it restructures to accelerate its turnaround amid flat revenue and tariff headwinds.
Lululemon Stock Drops 12% on CEO Appointment from Nike
Lululemon shares plunged 12% after appointing Heidi O'Neill, a former Nike executive, as CEO. The move comes as the company faces weak U.S. sales and a proxy fight.
Lululemon Appoints Nike Veteran Heidi O'Neill as CEO Amid Strategic Pressure
Lululemon Athletica has selected Heidi O'Neill, a former Nike executive with over 25 years of experience, as its new chief executive. The appointment comes amid a proxy battle with founder Chip Wilson and activist investor Elliott Investment Management, alongside a 4% decline in Americas revenue last quarter.
Nike Plunges to Decade Low on China Revenue Warning, Turnaround Timeline Extends
Nike shares tumbled over 15% to their lowest close in more than ten years after the company projected a steep 20% revenue decline in China and an overall sales drop for the current quarter, missing analyst expectations.
Nike Plunges to 11-Year Low on Sales Warning, Indian Markets Tumble
Nike shares plummeted to an 11-year low following a warning of a 4% quarterly sales drop. Meanwhile, Indian equity indices plunged sharply due to geopolitical risks and heavy foreign selling.
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
Wall Street Braces for Volatile Week Amid Dow Correction, Key Data
The Dow Jones Industrial Average entered correction territory Friday, joining the Nasdaq, while the S&P 500 posted its fifth consecutive weekly decline. Markets face a data-heavy week ahead of a delayed payrolls report.
Lululemon Shares Slide on Subdued 2026 Forecast Despite Q4 Beat
Lululemon's stock declined following a 2026 outlook that fell short of Wall Street expectations, despite the company reporting better-than-anticipated fourth-quarter results. The apparel retailer also announced the appointment of former Levi's CEO Chip Bergh to its board.
Adidas Shares Slide on 2026 Profit Guidance Miss, CEO Contract Extended
Adidas AG shares dropped sharply after the company projected 2026 operating profit of approximately €2.3 billion, missing analyst expectations. The sportswear giant pointed to U.S. import tariffs and a weaker dollar as primary challenges.
Lululemon Founder's Board Challenge Weighs on Shares
Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.
Nike Stock Volatile After Supreme Court Tariff Ruling; Earnings Loom
Nike stock closed slightly lower after an 8% intraday swing following a Supreme Court tariff ruling. Investors now focus on a new 10% global tariff effective Tuesday and the company's upcoming March 19 earnings report.
Nike Shares Rally 3.3% on Cost-Cutting, Dividend Announcement
Nike shares rose 3.3% to $63.13, ending a two-day decline. The company announced a quarterly dividend and Converse corporate job reductions.